Vodafone Group Live Discussion

PrefInvestor1 19 Jul 2019

Vodafone set for EU go-ahead on Liberty Global deal Hi Again @valueseeker8, Thanks for your thoughts but no I won’t be investing in VOD again, making a significant loss on something is a kind of aversion therapy for me – I tend to steer well clear of investing in a previous loss maker again !. And that’s in addition to my new policy not to invest in individual stocks only more diversified instruments like investment trusts and ETFs. This year has been good for me and I am up close to 12% ATM, so things have been going pretty well in the main. You can’t avoid picking the odd loser though can you !. I wish you all the best with your strategy though. I shall continue to watch the VOD share price and hope it makes progress for you and other holders who have lost money here. ATB Pref

ValueSeeker8 19 Jul 2019

Vodafone set for EU go-ahead on Liberty Global deal Hi @PrefInvestor1, I can vaguely remember in one of your previous posts that your average price was 185 p. You did very well selling at 155 p! Because now you are in a good position to turn that real loss of £1500 into potential profit! From the figures you gave I assumed that you were holding 5000 shares. You bought them for ~ £9,250 and sold for ~ £7,750. I entered those numbers into my spreadsheet, and calculated restoring a position that emulates selling the maximum number of your VOD shares at a TP = 270 p. The result is that if you buyback 4048 shares at an assumed price of 127 p and dealing cost of £11.95, the book cost would be £5,178.61. Which means you get to keep £2571.39 of the cash from selling at 155 p (27.8% of the original investment ~ £9,250) and still hold 80.96% of the shares! The new average price of the holding is ~ 165 p. If VOD ever recover to that level you’ll be in profit of ~ £1060. I would do that if I was you, but of course it is entirely your choice. Best Regards @ValueSeeker8

PrefInvestor1 18 Jul 2019

Vodafone set for EU go-ahead on Liberty Global deal Hi @valueseeker8, Well if that kind of trading is going on then it must be shorters who are responsible surely ? (I see that there is 4.x% short interest ATM). Any normal investor would be hoping for more of a gain before selling I would have thought ?. I sold out of VOD some while ago now for about. £1,500 loss which is high for me – I bought first at around 200 and averaged down a couple of times feeling sure it was going to come back, but it never did. I eventually exited at about 155 and just as well I did as otherwise my losses would have been significantly higher now. But that’s life investing is single stocks isn’t it – always vulnerable to significant falls and hanging in there hoping for a recovery while it sometimes works it doesn’t always. This liberty deal sounds like good news for VOD financially and they certainly need it. What with 5G, other infrastructure costs, the India business plus a highly competitive market in which prices are falling all off-the-peg time – I can’t think of a telecom business that’s doing well right now if the top of my head. You sound like you are trying to manage your losses by selling and buying back lower. I hope it works out for you. Just maybe if this good news filters through into the financials it will help the share price recover. I hope so. I shall not be ready-investing here, I have decided not to invest in single stocks from here on in, restricting new investments to Investment Trusts and ETFs. I still hold a small number of single stocks and some preference shares (for old times sake) but I am not adding to these. ATB and GL Pref

johnlawsonmoorlandminerals2 18 Jul 2019

Vodafone set for EU go-ahead on Liberty Global deal Lawson 75, Here`s hoping that this will lift the share price substantially! Since reducing the dividend and the ongoing uncertainty regarding the Liberty take over, the SP, has fallen dramatically, and shows little sign of recovering anytime soon.

ValueSeeker8 18 Jul 2019

Vodafone set for EU go-ahead on Liberty Global deal Hi @PrefInvestor1, It was actually quite fascinating to watch the trading battle play out today, as the sceptics kept selling every time the SP goes up by just 1 p or so fuelled by those who’ve been long waiting for such news and think it is a good deal. For me I sold my VOD holding about 2 weeks ago and managed to buyback yesterday at 126.2 p (could have done a little better I know!). Just in time! With the above trade I managed to reduce my losses by around 5% and my VOD holding by 2.34% in terms of share numbers! I was so close to postponing the buyback to today! phew! So, I guess I was quite lucky (again! … lol) Thanks for wishing us good luck! ATB 2u2. Best Regards @ValueSeeker8

PrefInvestor1 18 Jul 2019

Vodafone set for EU go-ahead on Liberty Global deal Hi Again @ValueSeeker8, Given the claims in the RNS for the financial implications of this acquisition again I just wonder why the share price hasnt reacted more positively ?. Perhaps that will happen after the trading update due on 26/7 I think ?. They should have time to incorporate some suitably impressive numbers and wording by then you might hope ?. Anyway compared with the deal being rejected by the EU this HAS to be good news. GLA holders - which doesnt include me… ATB Pref

ValueSeeker8 18 Jul 2019

Vodafone set for EU go-ahead on Liberty Global deal RNS – REGULATORY CLEARANCE-ACQ OF LIBERTY GLOBAL ASSETS Best Regards @ValueSeeker8

PrefInvestor1 18 Jul 2019

Vodafone set for EU go-ahead on Liberty Global deal Hi All, Seems that approval has come today ?, see link:- [link] Vodafone share price up a bit but I guess I had expected a bigger move ?. ATB Pref

devonplay 18 Jul 2019

Clearance for the acquisition of liberty global's assets VODAFONE WELCOMES REGULATORY CLEARANCE FOR THE ACQUISITION OF LIBERTY GLOBAL’S ASSETS IN GERMANY, CZECH REPUBLIC, HUNGARY & ROMANIA London, 18 July 2019 - Vodafone Group confirms that the European Commission has cleared its acquisition of Liberty Global’s operations in Germany, the Czech Republic, Hungary and Romania. Following completion of the €18.4 billion transaction, Vodafone will become Europe’s leading converged operator, with 116.3 million mobile customers, 24.2 million broadband customers and 22.1 million TV customers across 13 European countries.1 Vodafone will own the largest next-generation network in Europe, as well as one of the continent’s largest TV platforms, and more than half of Group revenues will come from fixed and converged services. As a leading European technology communications champion, the company will be able to accelerate the delivery of the Gigabit society to over 100 million people across the continent. [link] Vodafone Group CEO Nick Read said: “With the European Commission’s approval of this transaction, Vodafone transforms into Europe’s largest fully-converged communications operator, accelerating innovation through our gigabit networks and bringing greater benefits to millions of customers in Germany, the Czech Republic, Hungary and Romania. This is a significant step toward enabling truly digital societies for our customers.”

LastCall 09 Jul 2019

Slight surprise that no comments on price collapse here? Sub 100 by Xmas. This rally is bad into coming data end of month. Never a good sign. And after that , same old. Probably take that long. Nothing out there has changed. Nothing the funds never knew before. And no money suggesting an unknown. If your asking me how far up will this bounce go? I’ve started shorting it. But il have a better idea tomorrow. Need one more volume read and can estimate with a bit more accuracy then. But if it opens up a little bit on today’s close, then that’s the start of the drop.

Lastemporer 09 Jul 2019

Slight surprise that no comments on price collapse here? @LastCall I remember you predicted VOD would hit 120 ish, and you were correct, where is it going now?

jackdawsson 04 Jul 2019

Slight surprise that no comments on price collapse here? Ripley94: looks like 124.5p was the bottom on 23 May & 25 June 2019 …now up to 133p. it fell back from 133.5p on 4th June will we see repeat . Hi Ripley, Academic point: VOD’s closing low for some 10 years was 123.32 seen 23rd May. Re-tested a few times since. Quite right about expected resistance at 134. But if it breaks that with good volume, we’ve a decent chance of making slower progress to circa 140. FWIW, I keep my 2 VOD tranches at 175+ & 198+ under constant review. - GL.

Ripley94 04 Jul 2019

Slight surprise that no comments on price collapse here? VOD… XXXX looks like 124.5p was the bottom on 25 June 2019 …now up to 133p

ValueSeeker8 28 Jun 2019

Vodafone set for EU go-ahead on Liberty Global deal image.jpg800x451 56.6 KB By Foo Yun Chee BRUSSELS (Reuters) - Vodafone (LON:VOD) is set to secure EU antitrust approval for its $22 billion (17 billion pounds) bid for Liberty Global’s cable networks in Germany and central Europe after offering concessions in May, people familiar with the matter said on Wednesday. Vodafone, the world’s No. 2 mobile operator, is looking to the deal to help it better compete with German market leader Deutsche Telekom (DETEGn). It offered to strengthen rival Telefonica (MC:TEF) Deutschland by giving it access to its merged high-speed broadband network after the European Commission said the deal may reduce competition in Germany and the Czech Republic. The proposal would allow Telefonica Deutschland to offer super-fast services over Vodafone and Liberty Global’s German subsidiary Unitymedia’s cable networks in Germany. Smaller rivals, however, have criticised the concessions as insufficient, raising the possibility of a legal challenge to the EU decision. The Commission, which is scheduled to decide on the deal by July 23, and Liberty Global (NASDAQ:LBTYA) declined to comment. Vodafone did not immediately respond to a request for comment.

PrefInvestor1 28 Jun 2019

Trumped Again! Hi Again @J_Westlock, Well no, nothing is definite in respect of Woodford’s NRR activities. But when the gate comes off his fund I suspect that there will be a lot of redemptions from people who are currently trapped in his fund and want to get out. And if that does happen he will probably have to sell more of the funds holdings, and he still has 12%+ in NRR. But it’s not a certainty, just a theory… Personally I don’t want to buy back in until this situation has clarified quite a bit more. But hey it’s probably just me being over cautious as usual, others will likely just see a really low price and really high yield and just buy… ATB Pref