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| Mon 22:10 | dmf | Fitch argued that a sale of Vodafone’s 45pc stake in US joint venture Verizon Wireless would be one way to counteract the impact of its potential acquisition of Kabel.
In my view this has the potential to push VOD sp higher !
http://www.telegraph.co.uk/finance/newsbysector/mediatechnologyandtelecoms/telecoms/10123821/Vodafone-said-to-eye-fresh-Kabel-approach.html read more... |
| 13 Jun 2013 | tradermichael | tom - that's an excellent article, thanks
Of interest (last two sentences):
"Certainly any exit would bring in an awfully big cheque. Verizon Wireless’s operating income before depreciation and tax in 2013 will be about $34bn. That suggests an enterprise value between $235bn and $300bn, adjusting for cash, at a multiple of seven to nine times. Vodafone’s share would be $105bn-$135... read more... |
| 13 Jun 2013 | tradermichael | Maybe, but I'm trying to understand the mindset of those who, perhaps, willingly lose money on a stock like this, one that has serious opportunity a little further out. read more... |
20/06/2013 12:59:17
