Member Info for Patient

Hello Robina. Never invest if you cannot afford to lose the money you invest. I am quietly confident that Vod will meet it's revenue predictions which are to be announced early May I think. On that basis the downside is limited, and Daniel might well see his 140p becoming a reality. DYOR etc.
And I'm not saying that just so you can invest and the sp drops to 122p so I can buy back :)

sorry, that should have read "DYOR etc" , according to my legal adviser

140m sell, one of the directors settling with the ex-wife after a divorce perhaps? DYOR

Yes if you want to go out, best go to a demo, it is your human right. Visiting your friends is not, unless you go en masse bearing placards.

I can't see any catalyst for the sp rising, other than a change of sentiment towards the sector and the slow realisation that nearly all the players in the UK at least, seem to be offering contracts with built-in price increases. The towers were valued fairly low as a result of the dominance of Vod over the other potential users, so there should be little downside there. Also the price paid for the latest bandwidth in the UK was fairly low.
Altogether a good outlook as the UK (and as will inevitably the continent of Europe) slowly rids itself of the worst of Covid-19.

Hi Dan,
Glad you are enjoying your garden. Just pretend you are abroad at your favourite holiday destination, and chill.
I failed to sell all I had left at around 136-137 so missed the chance to buy back lower, so I am glad it is rising, as I think it will. If earnings come up to expectations, despite the Covid issues in Vod's largest market, then that can only be a good thing; we won't have long to wait for the final results, and your dream of the sp reaching 139.99999 may well become a reality. Whether it reaches the giddy heights of £2 this century, well that's an entirely different matter.

Could you have posted an even more ill-thought out message to us all? I mean, really!

Considering the sp went up to 137p last week, the fall to 133p is I would say pretty modest.

Not a tip from a dozy mare I hope!

Hi Robina,
I don't have a strategy, only a system, which at best is tactical. It relies on splitting the holding into tranches, and then dealing in those tranches individually so that if the sp falls then I buy, and if it goes up I sell. This works if the sp bobs up and down. If it goes up a lot then I can have sold all and it still goes up, and if it goes down a lot I end up without cash and it still falls.
As long as this is relatively infrequent (and I have made enough from the bobbing up and down), and I put in some sensitivity, then this should make a profit. When the system breaks down, then you would of course revert to "would it be sensible to (dis)invest at this price". You will appreciate that this system to some extent averages both "good" and "bad" decisions.
This method does not require making predictions that can be intercepted by inter-stellar forces. Nor is it rocket science.
You can build in some assumptions such as if it rises 2% in a day then it is likely to fall, however briefly, soon. If that holds for say 80% of the time, then it's worth using. Always bearing in mind that there are no obvious news stories underlying this move.
The secret is to make enough profit before the next black swan event.

Hi CS,
Never rated the Comedians, more into Monty Python and Marty Feldman that really spoils you.
I still have a few Vod shares left, not needed for my huge end-of-month bill, so I am still in the game. Shame I didn't follow my own advice and sell all on Wednesday, could have bought them back at a profit ...

Hi Dan,
Why on earth would I want good life cover? Just so my Mrs could spend it all with another fella?
On a more serious note, I now remember seeing adverts about cremation costs, but tbh they did not register as I must have been totally ignoring them. So it must come down to something deep like our different attitude to life perhaps?

Narcus,
It seems that I have managed to persuade Google that my interests lie in Bentley cars, and clothing ranges that require startlingly little material, modelled by attractive young ladies. Oh and plumbing accessories from Wickes. As if.

Hi Dan,
I think I was wrong about the divi, I know I know, that'll be a first then. Anyway, I don't actually care :)

Dear Top,
The daily gyrations enable some of us to jump on or off and make some pennies.

Flippin' 'eck if it goes any lower I'll be buying!

Narcus, why only to 8 decimal places? Try setting your spreadsheet to 16 for a bit more authority and accuracy.

That equates to around 1.376 in London, given the usual discount.

Yes thanks, CS. I did reduce once past 131, but still got some left so wait and see what happens tomorrow morning. Sustained rises and falls don't suit my strategy, but hey ho, it's better than doing nothing :) This rally couldn't have come at a better time for me, wonder if Dan will see his 140.

Narcus, just got 3 tranches left now, these I don't need to sell to pay my immediate bills, so we shall see what happens tomorrow. I should be better funded end April or early May (invest then, or sell and go away?)