Member Info for NOVECKINGOOD

If only it was that easy, you can only increase revenue by more than your competitors if you can offer something more or better. Vodafone does neither so it will lose more customers and offset most of any increase in tariffs. The debt costs more to service too..

Here's an example of how (5h1)t they are. 17 months to get a broadband contract cancelled and refunded and I'm sat here toggling off of my iPhone as they also cancelled another contract that they shouldn't have. Hours every month and it comes to this. Avoid them avoid the shares, it will continue to decline until they can take their responsibilities seriously..!!!

Inflating the debt away only works if your income increases at a similar rate to inflation, otherwise the debt remains broadly the same in real terms.

Vodafones income has increased by less than 5% in five years - therein lies the problem.

It does if you understand the reality of the numbers.

Income excluding the Corallian sale is down, and they've still managed to lose money even with several million coming in from that sale.

After years of fund raising from shareholders the value of the company is little more than the one crappy deal that they got over the line during the best time to sell that asset in years...

The cost of keeping the gravy train rolling along means that it continues to be a Hail Mary bet on WN.

c£50m raised - value £13m - Despite their blustering the clowns in charge have spaffed the rest - simples..

I posted here before the market opened after the latest RNS. Most on here thought it was positive and the price would rise - which it did for an hour or so. I suggested it would drop into he 70's.. Until they really start to get a handle on looking after their customers properly and invest in treating them with respect rather than purely focussing on just trying to upsell this will continue to drift. There are massive structural problems and far too much debt in an expensive to service it environment. This will turn, I will start to invest but not until the next inevitable market sell off (imminent) which I suspect will push this towards 70p. Time will tell..!

Eagle, thanks for the compliment.

There's the difference, I rely on experience, knowledge and understanding of the markets to make my trades - you're relying on luck.

Not the way the market sees it, not the way the non rampers see it.

It's definitely not an endless money tree and it only helped the expensive to run company to a £3m profit - despite all of the bluster and hype.

Eventually it runs out, so he'll probably have to bail out other partners and get lucky with planners etc if it's going to gain any traction from here. It's fully valued, everyone hates the sector - what don't you understand ?!

You can't polish a turd.

I said before the bell this morning it was a dog5h(ite) company. Mid - high 70's and it might be worth a punt.. Assuming interest rates have peaked.

As I was saying before the results were posted..

They've refused to refund me for months even though they've agreed that they owe me the money - not a good sign holding off paying back what you owe to keep the figures artificially higher..

Later !

Selling some assets to reduce debt when the business model is failing just papers over the cracks - the market knows as do their customers..

It needs massive changes from top to bottom - not window dressing..

As I said.

The company is a disgrace.. I have a quite expensive business account with them - broadband, several phone contracts etc. I left them 15 years ago as they didn't know how to look after customers - I came back 18 months ago - it's now a lot worse..

This is a strong sell and will remain the case until they understand how to look after people properly...!!!

Trust me...

He knows F all, he's just winding you all up - like he does most days.

The 417m sell is the reason for the drop, probably "team takeover" bailing as mentioned earlier..

Laurel and Hardy now 50% down on their panic buying after the failed takeover ----- so every cloud...!

Bang on - so I was right..

It's fully valued - right again...

He realises what she's working with - she's doing her best

Later..!

Can't be ar5ed..

better things to do with my time - have you ?

You're a paid troll heid - I'll leave it there..!!

The dividends and share buy backs are irrelevant if the market decides they shouldn't be doing it and the share price drops by a third.

if they were working then the share price would be stable at the very least.

stupid is what stupid does..

RBD are catching on now, "team stupid" showing the way forward for "team even stupider".

Giving back shareholder money to shareholders when the shreprice is a lot lower than when it was raised - GENIUS !!!

Dividends and buy backs are irrelevant - the share price is down a third since they started.

Your opinion about oil and its prospects are also completely irrelevant, the market decides that's how it works - and that's why it's 23p and falling..!

$1m every 6 weeks or so is around $8m pa. At 1.26 and probably soon to be 1.30 $ to the £ its around £6m pa gross.

I'm guessing the accounts will show a net profit of c£3m on a full year basis.

In an unloved and declining sector the p/e is still high when compared to the majors. Factor in the one trick pony status the Capex required to bail out the other dogsh1(t) partners and the not that far off decommissioning this definitely isn't cheap.

It might be when the bad news on WN comes out and drops the price further - it's not at the moment though..!