Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Telecoms are toast, terrible biz model and juiced by being in the U.K. listed on the most hated exchange in the world as the country perceived as a basket case ( brexit/Johnson/truss ) even the decent stuff keeps falling, so debt junkie rubbish like byt and Vod etc are doomed. Vod could well end up in the hands of creditors/bond holders and shareholder wipe out.
With what’s coming down the tracks for bonds 2nd half of this year this will decimated, city won’t touch it just on the fact that the dividend isn’t covered for the next three years. This will be sub 3 quid by the end of the year, just check the three year chart, even by brexit basket case dog index of the world ftse it’s in terminal decline.
Hadn’t checked on this rubbish share for some time, shocking, I bailed out at 250 for a loss and put it to work in a Vanguard S&P tracker, thank god. This company is doomed, over 5 years the investors in their dog funds have averaged 1.5pc a year, before fees…..just terrible, yes brexit has massively damaged U.K./sterling and caused non stop outflows since 2016, but there had to be something very wrong with the merger, it’s a bit like when Halifax took down Lloyds which is still a penny share basket case. You just have to avoid U.K. shares now and dividend stocks are the pits, by for a return and lose half your capital, as Terry smith says, buy growth every time.
This should have its dividend suspended shortly along with vod and a host of other ftse debt junky rubbish shares, interest rates vaporising their already hopeless old economy business models. From 5 quid pre brexit vote to a quid now, says it all.
2madmat…why do you keep buying shxt U.K. shares instead of something decent?
There are not going to be any bids for this dogshxt, Drahi’ debt fuelled empire is collapsing and he’s probably dumping shares while he can.
This dogshxt following the usual ftse 100 rule, join the 10 pc club, 4.80 was its high in 2007 now .42p….so actually even worse…..brexit basket case britain uninvestable and the dog index of the world ftse 350 proves it, even U.K. pension funds now have barely 1pc of their assets in the indexes.
Solvency II is poor and the stuff about writing new business is meaningless, abrdn are forced sellers of the huge amount of Phnx they own, as they are now in serious trouble, likely to be newsworthy soon, phnx is a hollowed out business and the market sees it, in the Feb March sell off expect to be able to buy these sub 440 again.
This dogshyt has completely broken down like everything else listed on basket case ftse 350, will go under a quid, insurance model completely broken.
Good to see 30 billion pound value Flutter now moving its listing to NY….the exodus from brexit basket case U.K. continues at speed….who knows you losers and 🤡’s maybe should ask LLoyds to relist ex U.K. …it might save them from the sub .30p valuation they are facing as car loans fiasco morphs into the next ppi😂😂😂
Anything to do with Vod or U.K. plc generally more a case of not fiddling while Rome burns as arguing who will hold the violin.🤡🤡😂😂. Terminal. Poor old labour will inherit just a debt pile and shagged out brexit wrecked economy and there will be nothing much they can do. When Blair got in the economy took off for 8 plus years and sterling as well, but without rejoining the EU just can’t see how U.K. doesn’t keep tanking. I see 28 billion valued Flutter now moving listing to NY. Ftse just doomed and shxt like Vod will end up being owned by bondholders, shareholders fxcked I’m afraid.
Well who invests in shxtty U.K. banks expecting to do well? They are capital destructive rubbish as is most of ftse 100, chasing dividends to lose half your capital. Brexit basket case U.K…net outflows every year since 2016 so nobody to buy the shares….and who wants to invest in a depreciating currency either, selling dollars to buy terminal sterling? Get real you 🤡’s. These are going sub .25p. U.K. is in real trouble, expect an imf bailout within a year.
Enjoy it while it lasts, bond holders will pull the plug on dividends shortly and demand they are suspended, you don’t think shareholders actually own Vod do you? It’s the creditors who own it. This will be at 45p within a year. Total dog like the rest of ftse 100 U.K. basket case.
Nobody is going to take this junk over and drahi’ debt fuelled empire is heading round the U bend at speed and he will need to start dumping this dogshxt company, expect .85p share price and dividend cut as their profits are being vaporised, losing customers, crazy U.K. regulation and massive pension deficit, another ftse dog.
Hadn’t looked at this debt ridden dogshxt for a while, usual service resumed, it’s debts are horrific and it’s business is in terminal decline, no money in telecoms anymore, assume a capital raise and dividend suspension by summer, bondholders will be getting nervous and they own the company, not shareholders😂 This will be another ftse 10 pc club, ie ten pc of its ATH, about 30p
Bby a second tier luxury brand massively reliant on china and listed on the ftse the most hated exchange out there, will re visit covid lows as world enters recession, chinese economy getting vaporised.
@mapp, you are simple. Robin Hood is not privately owned, it’s a listed company on the Nasdaq and it’s not “ only for experts “ and I’m not sure what exactly you would mean by experts anyway….there aren’t any.
well i called it to the penny with this dogshxt despite loads of abuse from you ******s…. next, there will be a credit event early 2024, i’d expect ftse sub 5400 and s&p under 3500…..watch this space beginning of second quarter next year…if it plays out as i expect and as all previous fast tightening cycles have, property, shares crypto will be down 40pc plus. the only that will rise is the dxy, expect usd strength. enjoy😂😂😂
Terminal, the “ assets “ this owns will be crushed in upcoming recession. Another quality U.K. dividend stock😂🤡😂🤡
Wow, dumped this at 32 thank god, getting out of all capital destructive uk dividend stocks, its turned into the same shyte Imperial is, will end up in the teens with dividend cut just like they did, doesnt help its listed in uk dog index of the world, if they moved listing to US would prob add 15pc instantly.