Member Info for PRK1

Marcus, can you elaborate on MdV's oversight of the changes to German Housing law? What do you think she did wrong?

Beo I agree. MdV has been excellent. The company is in growth despite Germany, which isn't her fault. In fact it seems to me that the market is giving too much importance yo Germany. One thing these figures prove is that Vodafone are not dependent on any one country, which makes them highly resilient. It's a bit frustrating that the share price is dropping. I don't think it deserves to. I wasn't going to sell anyway but it feels like I'm at the mercy of idiots

I reckon that if you don't get the retail offer, you aren't getting any more shares at these knockdown prices. I'm in that boat alas, but I've got what I've got so that's ok. Demand is huge. I can see this share rising all year

Savage, I'm not sure the macros of the whole EU will have a uniform effect on all businesses. Vodafone is in several growth markets which might grow at a slightly slower rate, but no worse. The big question is Germany. Is it recovering? If that looks good then Vodafone looks good IMHO.

Nah don't phone him. Email him. He's on your side. Don't p*** him off

I am looking forward to Q3 updates next week. Expecting continued growth, signs of revival in Germany, update on 3 merger and plenty about the innovation taking place in the business. This is the inflection point by which I mean the Vodafone rather than BT start to dominate the UK market

I would think that the mine as an asset would increase in value as it bears completion. Unlikely it would be sold, given government investment, but it will appear on the balance sheet and that should rerate the SP. Otherwise, it's all down to the tin price

I spoke to one of the directors running Bookbuild. I approached them after my trading platform, EQI said the same thing. Below are his details. I suggest you write to him today and ask for an extension to the deadline. He's just as keen as you, because it advances his business:

Paul Brotherhood

Director

T: +44 203 970 5545 | M: +44 7802 420 804

E: paul@investormeetcompany.com

W: www.investormeetcompany.com

Put them in an ISA?

When you look at competition, it's not just altnets. 5g is an agile alternative to fibre. I ran the telecoms for my last employer. We were an SME with about 20 people on site. When I arrived we had isdn30, broadband, a fax line and a maintained phone system plus mobile phones. When I left we had 2 broadband lines, mobile phones on a SIM only deal and a VPBX to give us call transfer. Saved us approximately 70% of our Comms budget, worked perfectly and we'd never go back, not even for SIP trunking. BTs gamble is that everyone needs a last mile. This is not true and will contribute to the erosion of Openreach and retail

Consumer revenue may have grown, but that's due to price rises rather than cross selling. eBITDA may be postive , but there is only a finite value in cost savings. All telcos can achieve the same. It's competitively neutral. The customer base continues to decline which is the main worry. BT are retreating from overseas markets, which makes the tone almost dismissive about their losses, but BT are putting all their eggs in one basket, so losing market share in that one and only market is worrying. Customer satisfaction is up. Good, and hopefully that feeds into a better perception of the brand, which could eventually feed into market share.

Personally, I'm close to selling my remaining BT shares. I think they are painting themselves into a corner

Fleccy, fair point. The shares are not really out of circulation, they are simply held by Vodafone. Placing them in Treasury simply puts a "Not for sale (at the moment)" sign on them. It is useful to have them. The shares could be sold to pay off debt or fund some future venture. And it's encouraging to see a company confident that their own shares are a good investment. But the shares still exist. The full number of shares before the buyback is the same quantity that exists now

Gingy stop being such a pessimist. You invested on the growth potential on of the share. There's no dividend. So you must surely see value before the SP rises. Isn't that the nature of investing?

Whojamaflip. Don't be daft

Gingy - I feel sorry for your wife

Jeez why the negativity? We've just heard the Chancellor of the Exchequer publicly announce the financial backing of Cornish Metals. £52m is raised almost as soon as it's announced. We've got a major investor and industry figurehead doubled down on his investment. You could not get more decisive and emphatic backing. The mine is definitely going ahead and the share price will rise as it gets closer to production. It looks to me like Cornish Metals will not only ooen the mine they are dewatering now, but also they will have the means to widen their scope throughout the area. The exact value will depend on the tin price at any given time, but in a world of increasing protectionism, you've got to think that a productive tin mine will be able to make a very nice living

I ramped this share a few weeks ago. Yesterday they confirmed £29m investment from the National Wealth Fund, and they will be mentioned in Rachel Reeves' Growth Speech later this morning.

The investment, matched by minimg magnate Mick Davis of Vision Blue (also known as recent CEO of the Conservative Party), topped up by a retail issue offer to existing shareholders, guarantees this company will complete their tin mine and come into production in 2027. They are part of the Critical Minerals strategy and will be given red carpet treatment all the way. DYOR but please do

No I didn't I'll check

For anyone not yet registered, it would be worthwhile to do so. I looks like a retail offer for £3m of shares at 8p is in the offing. When it comes out, hopefully they will contact me to invite my subscription.

Agreed. It should be a compelling sales message to find managers. The treasury effectively underwriting a quarter of the company, Mick Davies as the principal shareholder. I can see the remaining 200m being snapped up well in advance of March, which leaves investors to calculate that if they want a bigger holding, there's only one option