What are peoples positives for Vodafone, the share price has been a dog for years, its massively in debt, its return on capital is so low at first glance at least it seems it may as well just shut up shop and its phone deals are the most uncompetitive in the market. Whenever my phone contract is up for renewal I always check the deals from the main operators and Vodafone's offerings are always worst. Just wondering as i admit its low valuation and decent dividend has made me look at this. I've held it on and off over the years but generally lost money.
The individual planes in the sky may perhaps be profitable, but what about all those sat on the tarmac. The fact is that overall they are making massive losses, if they weren't there would be no reason for a rights issue.
These boards are full of rampers trying to get gullible folk to buy shares in the hope the share price increases and therefore reduces their losses. Anyone buying shares in this company, either on the open market or taking up your rights is taking a massive gamble. Sure, if a vaccine is announced tomorrow the shares could double, but equally COVID could drag on for months or years causing a serious long term reduction in IAG's business resulting in it being a shadow of its former self, please don't be foolish, if you invest anything in this, be prepared to lose significant amounts.
Hi. I've read MNDI has one of the worst pension deficits in the FTSE 100. With a pathetic sounding 39% funding level equating to a £200 million deficit. As a new investor (wish i'd have read this before investing as i may have had second thoughts) does anyone know if there is a plan in place to address this?