Member Info for Savage_KeyboardR

Avocet123 - I'll be sure to let you know when in the not too distant future I turn a tidy profit 📈

Avocet123 - I'm not losing money, as still accumulating over here 😂 - whilst you might be down on your uppers I've still much buying which lies in the months/year ahead👍 - slow & steady build phase 😎

Pokerchips - given interest rate cuts always take about 6-9months to filter through to the real economy... by the time Q2 2025 the cuts will have begun to help German economy to begin growing again & consumer confidence will be on the up, filtering through to improving sales for VOD and many other consumer facing businesses too.

I imagine very few German businesses have escaped fiscal hits from their macroeconomic troubles... I don't think VOD has been seen anything particularly unexpected in the German figs.

ECB has been giving support via rate cuts so I expect the situation to stabilise imminently, Q4 2024 into Q1 2025, and then show improvements from Q2 2025 onwards.

The Improved Turkish market for VOD more than made up the difference for poor Germany performance 👍

IF it does so then I'll take opportunity and buy up plenty more!

Garonne, where you've quoted "Operating profit decreased by 18.4% to €1.0 billion (see basis of preparation on page 7)."

It pays to read the supplementary info on page 7 there but hey... if it helps the SP to drop then I'm only too happy with buying up some more haha! 😎👍😂

*That should have said 'first signs of stabilisation by Q1 2025 and recovery thereafter'

Garonne... QoQ will always have greater statistical variance than YoY (as YoY smooths out seasonal peaks/troughs)... the tracking against YoY is currently on an improved path. Won't know for sure until Q4 results but...

As BuyMeAnother rightly points out, it's not all about Germany anymore... it's widely known the ECB had to intervene and cut rates against recently because of poor German & EU economy and the press conference and guidance indicated more steady cutting for rates is still on the way in months ahead... this will aid EU and German consumers, therefore telecoms consumer sales too because the cuts make consumer debt cheaper and help businesses with refinancing or with new loans too.

I expect Germany to show first signs of stabilisation by Q1 2024 and recovery thereafter.

Also look at the Turkey growth rate and revenue figs... more than makes up for the shortfall in Germany.

I wouldn't say lost cause...

Pace of German revenue shrinkage has slowed and given ECB has made further interest rate cuts, with more signalled & still yet to land, I'd suggest things should have plateaued by the early Q1 2025. Perhaps with a small bit of growth by Q3 2025.

TerryM1 - "I am not sure it will fall that much than it already has now the bad news is out and may will rise some"

👆That aged well... TerryM1 proving just as with CPI (Capita) you've absolutely no idea what you're talking about!

As I said before I anticipate Pennon SP falling right down to ~ 210-270p range in due course, as normally for other stocks I've observed them going below RI offer prices.

PRK1 - As I said, I don't know if the macroeconomic poor EU GDP and other data indicators will have a negative drag impact on VOD or not... at the last results VOD did comment about some issues on the continent, notably in Germany...

Today's ECB rate cut suggests they're continuing with further monetary support, in response to Germany's issues and the issues faced by the wider EU too. Maybe a signal will once again be picked up by VOD's results update or maybe not? Either way It'll be useful intel, from an economic & investments POV.

Fleccy - I get it, you disapprove of the move I've made, as you're invested heavily in both. I get it.

Interesting seeing APG Asset Management N.V. unloading yet another tranche... They're down to 3.86% now. Does help someway with explaining why there hasn't yet been a substantial rally yet (despite stellar results here).

PRK1 - Partially agreeable - Vod should be performing nicely having paid down some debts, grown market share (along with sales, revenues and profits too 🤞)...

Though the spoiler might be found with EU performance: ECB looks to be on verge of cutting rates again, on the worse than anticipated GDP but... there's not a guarantee it'll be directly felt/seen in consumer services sector - so is one to watch IMO! Hopefully there is not strong correlation, and Vod ends up doing better than expected in EU🤞 - If it does do so that'll be most interesting in terms of shedding light as to what's really going on in EU. However, if it does correlate naturally there will be negative repercussions for SP here with VOD. The overall SP will depend on how it all balances up overall! I'm still very net positive on VOD and super glad I sold my entire BT holdings and bought into VOD (I've still been continuing to accumulate more quietly in the background here!)

Reminder, what I said on 20 Dec 2024 08:16 :

"Might not reach sub 130p now that the Patourel case has been dismissed but... 130p-135p still likely in the coming weeks ahead.

BT is on downwards market share trend with falling sales... next results unlikely to be boosting this stock IMO"

As a small investor here I'm hoping for a big drop, as the RI progresses and much tail swallowing and/or those only partially taking up their rights (or not taking part at all) puts many shares onto the open market...

For me personally, I've bookmarked this for some purchasing action! However... only once it's made a very steep drop!

I anticipate SP falling right down to ~ 210-270p range in due course, as normally for other stocks I've observed them going below RI offer prices.

All IMO - DYOR.

Unite the union is a cesspit but...

Given staff seeing little extra (as the business isn't currently doing well - based purely from results & TU) it's hardly surprising morale is now so low they've voted to strike🤷 - Happy staff tend not to vote for strike action, even when in receipt of lacklustre pay.

Trisor - Misinformation as usual... I was always clear, I stated I didn't know if CPI would win or lose the Gas Safe contract.

What I did share were the publicly available Companies House page for CPI's subsidiary Ltd company which was going through insolvency proceedings - all on here had ample chance to comment and give their opinions; I invited discussion and opinions. I always stated it was my view the companies house documents didn't look good, and I always stated there was no possible way for me to know either way.

Someone commented on here they knew the Gas Safe contract was in the bag... in reality it is them who was sharing insider information (they shouldn't be doing so) they were privvy to.

At no point have I ever expressed anything other than my opinion and I've always stated DYOR - I'm content with holding my hand up and saying I called this one wrong... hardly surprising though as it was my opinion after all!

Can't really compete with any users who have access to insider info on here though eh?!

The reason the claim was dismissed by the court and all they did was return the £1 remaining asset to the shareholder is because... on on page 4 (underneath heading titles 'Liabilities', 2nd paragraph) of the 'Liquidators' statement of receipts and payments to 22 May 2024' (dated 05 Jul 2024) you can see it states the following:

"Before the company was placed into liquidation, it was noted that a claim had been made in Court in relation to the Company in the amount of approximately £100,000 relating to its former business. It was also noted that the Company's business, assets and liabilities were transferred to another group company on 1 November 2022 pursuant to a Business Transfer Agreement, it was considered that any liability arising in respect of the claim identified had been transferred to the group company." i,e, the £100k liability had been transferred to Capita PLC which is the Group Company.

So you can now see why I've been saying the liability sits on CPI's books.