Member Info for SilverSpoons

If it doesn't then it will be up to the next government to approve what happens to 3 and Vodafone in terms of asset sales to whom. Heaven forbid if 3 were to be sold to a big Labour donor.

Jax05. The vast majority of British customers just want cheap rates and fast data and never ring customer services, which is pretty much what your averaging African user wants. Vodafone coverage is one of the best. There problem is economies of scale mean they desperately need this merger to happen. If not they will slowly wind down their UK business and ultimately sell there assets to the duopoly. Maybe this is what the Westminster lobbyist want and maybe this will happen, but it sure ain't a good advertisement for UK plc. 50 years of failure and counting, it's just now people are waking up to the fact that Britain is going bankrupt

Vodafone is by no means the only company struggling in the FTSE at the moment. Looking at the relative growth in the S&P, DOW and DAX against FTSE100, 250, 350, All share, it is obvious money is flowing out of London markets and into S&P, DOW and DAX, amongst others. The government have to wake up to the fact that either they slash corporation tax and employment costs (I've tear up the rule book) or there won't be any profitable companies left from which to tax and the Argentinian downward spiral isn't that far away. Sadly the current conservative government know they are out next year and won't do anything to even try and fix things before then, meaning labour will get in and make the situation worse. I give the country less than 10 years before it's begging for imf bailout, and half the international companies on the FTSE have listed elsewhere. Vodafone should definitely be looking to do so, especially if the government block the merger.

Question is, does the UK want three large operators, or a duopoly. Imo If the merger is blocked both 3and Vodafone will continue to divest from the market, it not being worth their while to invest at current economies of scale because as they have stated, the cost of capital is higher than the rate of return. I'm sure a duopoly would make BT shareholders happy as it would allow them to charge more once the car competition was thinned out. In addition, blocking the merger would be another nail in the coffin of the overseas investor who look at the witch hunt sermons being made by MPs and think, nah, think I'll give the UK a miss and put my money in a country which welcomes overseas investors and doesn't tar and feather them when the opportunity arise. As stated, Hutchinson HK will have ,49% of the shares post merger, and as such will get 49% of the dividends, but when it comes to day to day operations, their location will be based on operational factors, not share ownership.

Rich investors don't pay fair value. They buy bonds at discount and then take over the company via debt restructuring. Long term assets are always discounted when there are short term liabilities to pay

I wouldn't be surprised that the government's championing of consumers over large companies doesn't result in the whole UK Telco industry ending up in the hands of a few very rich men like has happened in India and Mexico. After all, it's very rich benefactors that parties need not solvent middle class shareholders.

The current government are too busy infighting and looking to where their next funding bungs will come from to care what's happening to the economy. UK investment has fallen off a cliff since 2016 and UK phone companies are no different. There is no appetite to invest in the UK. The governments decision to force them all to rip out Chinese hardware cost them all a fortune, but the government didn't care. Now the government moans about the slow pace of 5g rollout, but I suspect they don't really care about that either, they just complain as a way of deflecting away from themselves why the UK is falling behind other developed nations. All they can do is print money and waste it on white elephants like HS2 or the billions spent on the big consultancy companies so they could produce a few PowerPoints and a useless COVID tracking system. So will the Vodafone 3 merger be allowed to happen without the government forcing them to sell off large profitable bits? No idea. They should, but then again the government are more interested in making sure lots of their lawyer buddies get paid ridiculous amounts sorting things out, not to mention the donations they could get from possible future buyers of said profitable bits. Frankly the government are as honest about creating friendly and welcoming investment environments as they are about controlling immigration, they say whatever they think sounds good, then do whatever will reward their parties and then personally the greatest. So in this environment, is it any suprise that Vodafone are paying out profits as dividends and not reinvesting them.

Watching from the sidelines here. Stayed out during the descent because of the low bond price, a price that is publicly available, but which some people buying on the dip have chosen to ignore. Personally I can't see any refinancing happening, but even if it does, I suspect the shareholder dilution will be huge. IMO the fall triggered in October it is very much related to the middle east, particularly the deteriorating relationship between London and the Arab world and the effect that will have in who they do business with in the future.

Very strange why FRES has stay so long in the low to mid 500s, especially given how silver and gold have risen so. Other PM miners have rise more in the last month, but something appears to be holding FRES back. So why, no shorts showing, but then again there may be multiple players sitting under the declaration limit, doubt it, but it's possible. If the same players have gone long on silver as a hedge then the share price may underperform silver for a while. Imo the best thing to do is just buy whatever they're under selling and hold hold hold till FRES shows a better price in relation pm prices.

Also, as previously stated I think FRES should relist on the other side of the pond, USA or Canada, both would be good for the share price.

Fridays rapid ascent past over $24 should lift FRES comfortably on Monday. Fingers crossed for a double digit rise in FRES if silver breaks upwards of $25

Lamprell had a full order book. I learnt the hard way that regardless of order book, reputation and location, it's the ability or not of a company to cover it's liabilities, present and future, that trumps everything else.

Like so many other FTSE shares the price is completely depressed and undervalued. The FTSE is yesterday's market as the IPO numbers show. FRES and it's shareholders would be better off if it moved it's listing to NY.

Of course there's no corruption in France. It's just a coincidence that ex bankers being chased for billions end up hiding there. https://en.odfoundation.eu/a/699337,statement-of-international-human-rights-and-rule-of-law-defenders-mukhtar-ablyazovs-expulsion-from-france-must-be-stopped/

French court blocks extradition over their opinion that a fair trial is not possible in Ukraine. Meanwhile the French government constant remind us how important it is to protect Ukraine's democracy. Imo the judgement is hypothetical, smug and disrespectful and the extradition should not have been blocked. It is not the French courts place to interfere in what is a purely Ukrainian matter, no matter how superior they think they are.

Biden won't get the money he wants (Ukraine is a vote looser in the US with eyes on the next election) and Ukraine won't get the weapons it needs. A peace treaty needs to be in place before the EU starts funding the substantial reconstruction required. Ukraine cannot fight without weapons and desperately needs EU money to repair essential infrastructure, so a deal with Putin, however bad it tastes will be made. I can't see Zalenski being able to stay on and there will undoubtedly be political upheaval, but crucially the fighting will stop early next year if not sooner.

BoE has lost control over interest rates which are now dependent on gilt auction yields. Huge numbers of UK zombie companies are going to fail to meet interest payments and the UK consumer is desperately cutting back to cover their mortgage. It's safe haven asset time folks.

Look at the 3 year graph. GKP has been on one massive pump and dump as far as I can see.

Anyone who bought these shares was clearly ignoring the political backdrop and the regional government's dire cashflow situation.

The Peso's rise in the last twelve months has been extraordinary, especially when they've been ramping up US interest rates during the same period. IMO the problem here is that given the very high inflation in the USA the price of silver has actually underperformed

Forget last Friday's indicators, or even any aftermarket antics, the game has changed overnight. Putin can't afford to have Wanger disengaged from the fight. If Putin refuses to listen to Prigozhin, as it seems he intends on doing, then Ukraine will know they are fighting a greatly diminished force and more effective progress should start to happen. One thing is abundantly clear, and that is the Russian armies ability to advance or counterattack is now zero, as their primary attack dog is now effectively on strike.