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Well said jack, unfortunately people mix short term gambling with investing. The fact that vod has had a stable share price with constant divi tells you that it's a safe bet, you won't make millions off it however you can trade it smartly, I.e buy low and sell higher. I am not sure what bottom is but any buy price in the £1.90s is a safe bet, if you make 10% sell and wait, if sp is stagnant take divi. Just don't make the cardinal mistake I.e put all your eggs in one basket, split your money diversify and buy stocks in different sectors. If you have a trading limit of £5k split and hold for 5%-10% learn a strategy slowly build book and increase deposits. In no time you'll build a trading limit of £20k, just don't gamble, dyor and learn your own strategy.
I am confident a price hit of £1.9434 will mean vod will got £2.06 and even beyond. If it hits on Monday then I will sit back and relax, I just hope I don't pull out too soon as I get itchy fingers but I'm confident in VOD let's just wait for it to hit that price target. At the end of the day vod is win win you can hold it and get 4% divi if it does not move up. But let's see if I'm right in a few months. GLA in VOD
Some good price movements today, fingers crossed vod needs to hit £1.9434 before it shows signs of a strong recovery. Hopefully we get that sooner rather than later, GLA and a nice weekend and pray we hit that magic £1.9434 soon. A good day in ABF as well as price held above £24.20 so now onwards and upwards there, interesting day in ftse 100 as money flow suggests another bullish momentum.
Hi Char33 I don't think £2.35 is sheer folly at all. Remember for the last financial year Vodafone posted huge losses, issues in India and loss of customers and yet they only dropped to £1.89. Next report whether markets like It or not will show God back to profitability, they have a strategy to improve customer service, VOD internet is taking off and they provide internet for London Underground, they still have huge corporate contracts and provide discounts to their staff so no shortage in customers. Any positive movement will make VOD fly. The only thing against VOD is number of shares in issue, imagine if VOD ever decided to do a share buy back, it will be crazy. Many shorts will probably close tomorrow and hopefully we see some signals to move VOD up or down, the indicator is still showing that any movement to £1.96 will start a strong bullish trend, I hope I get it tomorrow. I am going to be following VOD and ABF trades all day tomorrow, haven't done that for a while so will be fun. Those in VOD keep the faith and if it drops then don't panic, even during the credit crisis VOD did not drop that low so as long as 6% divi is held we can live off that.
charr33 where do you see vod SP reaching? Do you see it sub £1.90 or do you see it lingering in the £1.90s or can you see it at £2.10+ over the next 5 months, I have my price target at £2.05, but depending on results and new valuation of aasets and inflation VOD could go to £2.35 quite easily. I will be interested to hear your views on your price point, also are you invested in VOD or going short on it, shorting vod will be risky at this price point as most of the bad news and BT issues factored in. please don't mention SBRY was a painful 2016 trade that I can't forget.
Hmm interesting why that is. There is 24bn shares in issue so can't be shortage of stock, however there is huge buying of vod shares so markets will need to keep a close eye on this to ensure books balance correctly at end of day.
I hope so mate, the charts have shown an expected close at that price, considering most stocks recovering this afternoon and buying volume increasing I don't see what the hold back should be. But this is vod so I'm willing to hold for a while if need be.
Has anyone had issues buying vod shares, my brother just tried buying a load and broker canoes back cannot execute trade. He's gone in for a lower amount and again cannot execute. On the third attempt it went through with less shares bought but a slightly higher price, anyone else had issues today trying to execute trades?
lol I was in at a slightly higher price at £1.9405, the drop and rise and drop literally within a 3mins span has shown a move on up from tomorrow at a closing price of £1.95.89 to £1.9607 today. If vod closes at that range today then there will be a bullish move up to £2.04 within a few weeks. GLA can't believe I'm back in again :).
Hi Picket, no worries. I jumped out of CPI a Tuesday at £5.31 and glad made that move, however I did what most traders sometimes do and bought ABF yesterday as an impulse buy at £24.53 however I may have to hold for a while on that one to get a decent profit as retailers currently getting battered. I have good cash left though to go into VOD and if a recovery shows in BT.A, in hindsight i don't know if you recall how upset I was selling BT.A too early and now I know why my charts may have forced me to sell them early at the time. GL mate will catch up once vod sub £1.94 and glen hits your sell target and ABF hitting £25.80.
VOD has shown a nice signal of a buy if it drops to £1.94 or below over the coming weeks, if the drop happens then a nice buying opportunity with movement up to £2.10 again. At 11.30am the spike to £2.03 showed signs that vod will start dropping and at 3pm there is a drop confirmation to £1.94 rsi still at 60 means sp will need to drop further. GLA invested in VOD.
Hi Picket I have a target of £5.53, capita is an interesting company, it's working on reducing debt and they are selling their asset services business so in 2017 they will be cash rich to stay above water. March is results and hopefully a good set of numbers will take it to £5.50+. ATB.
Hi Picket, I did not expect a rise that quick, however if it hits my sell price quick then I'll be happy. Watching Trump take the hot seat now, and it's official he's in office. Now markets gonna start showing true picture and will be more choppy. Good luck matey, ps I like that statement diamond out of a goats arse.
Hi Picket in terms of Barc we are thinks no alike I am closing watching and waiting for a signal. In terms of miners I think at mo they are a bit overvalued, glen is a good company and im sure there is good quick money to be had there. In terms of vod I'm too hurt to buy back in I bought at £1.89 and sold at £2.08, however after the drop this week I'm glad I did a quick trade, vod cos of volume of shares will trickle down to £2 even just below, I think vod is a good trading share at moment, buy at £2.00 and sell at £2.10, a bit of a no brained, even if the markets collapse vod will not drop below £1.50 so it's always worth a gamble with great divi. We'll catch up in a few days I'll update on capita and if vod drops below £2 I'll be in again, hopefully this will happen after trump becomes president tomorrow.
I have been following capita over last 2 days and there has been 2 indications at £4.98 that if capita hold £5.04 by end of week then we can see a bullish rise, price target of £5.53. Obviously my charts missing something due to all the economic news out this week, but hopefully a good set of results in march and divi held will push this company up. Graham score good and debt management plans and n place to get debt down to 2.5* ebitda, hopefully my buy today was sensible, GLA in cpi.
Hey picket hope you're investments are doing well. I am now on the Capita by board as my first 2017 buy has been capita I was tracking yesterday and there was signals at £4.98 both days showing a potential move upwards provided capita finishes above £5.04. Hopefully the charts are right if £5.04 is not held then this may be another Sbry for me, pray for me guys and GLA.
Agree with you on housebuilders and retailers. I am sure their is a massive bubble waiting to burst and that will happen when interest rates start rising. Inflation is the main worry and eventually interest rates will need to go up, the issue with this is many companies especially in the commodity sector have borrowed more then that can pay back, you just have to look at their balance sheet. If you take out the goodwill for many of the companies then you'll see that their assetss may not cover debt. That is not to say that their won't be money to be made, this is the time to research and start lining up stock to buy on a massive drop. I have 10 on the list but won't share as will be classed as a deramper. What I will say is that these are going to be ftse100 blue hip companies in the commodities sector hint hint.
Well done on a DEB a good quick trade. However I agree with you that retail is one to avoid for now. I am still eagerly watching ABF it has dropped to my target price, however a few days later than predicted. I am staying away from buying anything at mo and just watching the markets. The good news yesterday was that I am now in profit on Sbry, it took a while to get there but shows that patience is key in this game. VOD doing well, we both left the party a bit early, however vod is starting to show some good patterns which means it might signal a buying opportunity at some point after 20th Jan. I have all eyes on trump at moment, the news with Exxon chief and relationships with Russia, Brexit etc... all heating up now and soon will be at boiling point, tbh all than means is more opportunities to buy and make profit. GLA in VOD
What's even more interesting is that trumps inauguration is on expiration Friday. This could be a significant day on the markets. A lot of options expire on that day, so I can see many who have shorts pushing a last minute sell of in US, what that will mean for U.K. Equities is what I can't figure out. GLA it is a very interesting time at the moment and many hearts will be racing over the next few weeks.