Member Info for Robina

Well let's hope op income is indeed more like 300M. If the sp is re-rated by a commensurate amount we are looking good. However, de-ratings like in Sept are easier to come by than upratings. I imagine the market will also be looking for that to be sustained so it may be a year or two?

Maybe when NT does his update we'll see he has sold.

The low P/E and high dividend appear a bit crazy. I wonder if this means the sp is massively undervalued?

A year ago sp was 130 ish. One could argue that if investors and insiders were prepared to pay that then, it ought to be worth that again unless fundamentals have worsened. I hope that thesis proves correct.
However, VOD is the stock that loves to disappoint - so 90p then? It's me vs all the investment banks' crazy sp targets. Tee Hee.

Selling continues. Wouldn't be surprised to see it at sub-600 since that would be consistent with losses on all my other investments.

I've topped up here. If the dividend is maintained then this seems a safe investment.

I topped up on PHNX but it was 50:50 between that and MG which I also hold.
I consider both to be a sound investment.
Having said that I'm in the red on every stock I own so clearly I have no real idea!

Fund mgrs should have gradually reduced exposure and taken profits on the many overvalued stocks rather than wait to everything comes crashing down.

See my note on SMT board which applies here also and to funds like BG American.

The problem I see from here is that the sort of stocks SMT held aren't likely ever to get back to 2021 levels. I think fund managers just hoped the bull run would continue. Many of the 'actively' managed funds AREN'T in fact. They just continue to hold stocks whose days are numbered. They still get their fees though!

Yes it will hit the bottom :- when it's virtually valueless.

Another 5% and I too am breakeven. That will, of course, not happen.

I'm wondering if the recent rising trend in Vodafone was a reflection of investors seeking value in dividends? Similar rise in the likes of IMB.
The main problem here is of course the debt and continuing expenditure which means net profit is negative without cheating on the balance sheet. So the dividend is really being funded by debt. Yet still the broker targets are 150+. Emperically you can see that this is madness. It is like saying the Earth's temp will not rise by 1.5-4 degrees but by 30-40.

It seems that the trust and fund managers who've invested in US tech either didn't see this 'rotation out of tech' coming or ignored the high valuation risk. It's now difficult to see the NASDAQ stocks recovering as valuations were mad. I should have acted myself and sold off as it was peaking last Sept. Top stock in Fundsmith I think was Shopify which has been decimated and now it's PayPal but also decimated. Maybe they are betting on PayPal recovering? Top stock in Rathbone Global is Nvidia also smashed down. If you follow the rise around a year back then arguably these sort of stocks are now down to what could be regarded as the trend line.
Can't decide whether it's worth getting out of SMT now. Despite all I've said I fear that if I did it'll suddenly recover!

I should have sold at £8. Bet the NT has. So now I'm in the red as always.

It's that time of day again. Hilarious innit.
Anyway, the uptrend continues. After payment date it'll drop. I'll check back in to tell everyone I told them so.

I are not say that this is looking like good momentum - so I won't in case the market or Zeus hears me and punishes me for my presumtiveness.
It's a LTH I think given the dividend.

Barclays £26 today. A gradual rise happening still. Here's hoping. GVC was a winner - at times. Now we are bigger but I guess also more to lose.

Would "have" been one to avoid.
But I agree.

Wish I'd waited to around this level rather than buying last year.
Does anyone think this could be a bid target?