Vodafone performance3 Dec 2019 15:05
Please read below a copy of an email I sent to the CEO about 20 minutes ago. We’ll see what reply I get. I hope the bod can turn this around quite quickly. If you look back through my Vod post you will see I’m not a deramper, but I needed to ask the company what tire doing about this sp. we own part of this company and should show the bod we care about our investment
Dear sir, I write to you as a long term private investor and customer to express my concerns on the companies performance and the state of the share price at this current moment in time. I think we can all appreciate that this company has its share of problems and the political pressure both at home and abroad which will be impacting on sentiment. However, my concern is with the companies apparent lack of response to these issues. As a long term holder I have watched my investment shrink beyond anything I could have ever imagined, I have bought more and more shares in order to bring my cost per share average down, and as fast as I can top up my holding the share price seems to fall further out of reach. I am now at the point where I am now skirting a five figure loss with no end to my losses in sight. At least as far as the lack of communication from Vodafone to its investors is concerned there is no end in sight. Undoubtedly the institutional investors are being kept well briefed so that they remain on side with any issues. That only leaves us private investors who are expected to just accept the problems that are affecting the company with no information.
Please would you contact me and give me an update on what the board of directors is doing to return this company back into the huge asset it once was to this country instead of a loss making heavy debt burden in everyone’s stock portfolio.