but something weird is happening today. All the shares that overperformed in the last 5 years are getting hammered today simultaneously for seemingly no reason. Could have to do with market rotation. VOD has never overperformed in the last 5 years, but can she in the next 5?
Agree re PZC that is the risk, but most of it already factored in the price, whilst over 60% of turnover and 90% of profit last year came from Europe and Asia, that provide sufficient diversification unlike ACA et al
I want to put another large buy order for VOD, but I am afraid I have not enough available cash and I do not want to sell everything else to buy more VOD, because it is a wrong investment strategy, even if VOD does recover. GLA
Hi there's many factors taken into consideration to come up with this number and timeframe. Long term chart, technical analysis, candlesticks and gap that needs to be filled, possibility that regulatory approval for Liberty cable networks deal given in mid 2019 etc
No. The debt is very low compared to the sector and comfortably manageable. The fall is due to the drop in profits, particularly in Nigeria that is a large market for the company. It seems that a turnaround to growth in Nigeria is not expected in the short term and so the shares have been marked down. The only positive is that the dividend is being maintained and it is still covered by profits.
have been discussing with a friend tonight re VOD and if theres any bad news we dont know, then looked into the 1 year graphs of AT&T, Telefonica, Deutsche Telekom etc. and concluded it is a sector trend and not a company specific issue. Good night all and have a good weekend!
Hi sheffieldowls, I just saw your previous comments that you have bought them long time ago and really cheap, well done for holding! As for a possible offer, I would also prefer a share offer rather than cash, although that is just speculation. I cannot see anything coming until after the summer though. What is most important now is good results to come in 4 weeks with profit over 80 million for the year with some improvement in the UK (as Nigeria weakness is already priced in, so will not come as a surprise). I believe that it can be possible given the good weather could help sales of St Tropez & I also noticed a lady buying a few PZC products last time I went to the supermarket, so here's hoping!