Eye watering debt and most of the assets are intangibles.
A balance sheet from hell.
Yet they buy back shares.
CEO probably only plans to stay for a short while.
Then yet again someone else has to take over sort the mess out.
I will hold on to this Ponzi. it might come back into favour.
If Bitcoin trades at $100,000, zero value never a dividend then all is possible. |
Vicious circle...hence the merger desperation...unfortunately VOD is growing slowly in the opposite direction in share price terms... |
The 5G UK rollout will be expensive, no doubt about that but covered from profits, the bigger business will deliver over time to maintain and grow the dividends, as an income investor all we need to see is returns covered and growing (slowly), the big hit and pay cut is done and dusted now.. |
Never understand the obsession with buybacks. Pay down debt first and foremost. |
By the time growth/profits return more investment in the 3 merger?... |
The sale of Vodafone Italy to Swisscom AG for EUR8BN in cash completed on 31 December 2024. Proceeds have been used to reduce net debt and the Board will target to return up to EUR2.0BN via share buybacks once the current program has completed..
Over sold this morning IMO, not surprised, but more debt reduction and buybacks will support over time as growth/profits return.. |
Cro positive in her outlook and maintains guidance. Last tranch of buyback will start....I will buy more in any DEEP. |
 II morning report:
Vodafone hailed an acceleration in service revenue growth during its third-quarter, amid a "step-up in the UK". The telecommunications firm, however, said trade in Germany was hurt by a TV law change. Total revenue in the third-quarter to December 31 increased 5.0% to EUR9.81 billion from EUR9.35 billion a year prior. Service revenue alone advanced 5.2% on-year on an organic basis, picking up speed from a 4.2% advance in the second-quarter. Organic service revenue in the UK rose 3.3% in the third-quarter, after a 1.2% rise in second. In Germany, however, it fell 6.4%, "primarily due to the impact of the TV law change". A law change in Germany last year saw the end of bulk TV contracting in multi dwelling units. Elsewhere, Vodafone hailed a "strong performance" in Turkey and Africa. "We are continuing to invest in the turnaround of our German business and we are starting to see improving customer trends, although conditions have become more challenging in the mobile market," CEO Margherita Della Valle said. "During the quarter, we completed the sale of Italy for EUR8 billion and received regulatory approval for Vodafone's merger with Three in the UK. When the UK merger completes in the next few months, we will have fully executed Vodafone's reshaping for growth. We are on track to grow in line with our full year guidance for this year, which we reiterate today, and are looking forward to a stronger Vodafone in the years ahead." Vodafone still expects adjusted earnings before interest, tax, depreciation and amortisation after leases of EUR11 billion for the full-year. It achieved an adjusted Ebitda after leases of EUR11.02 billion in financial 2024. The firm also announced it will kick off a EUR480 million share buyback, the final tranche of a EUR2 billion programme. |
YOU MAY AS WELL GAMBLE WITH VAST RESOURCES THAN GAMBLE HERE. YOU'll GET YOUR 4% BACK IN A FLASH. POISED FOR A RIGHT TAKE OFF OVER AT VAST ;() |
Share buybacks just prove how brain dead a companies accountants are.
This will be taken out by natural selection, but at a much lower share price
I can't even blame Starmer for this ever reducing pile of rubbish. |
Dire. Unsurprisingly. |
What good is divi if share price keeps going down...divi was good at 120p...100p...90p...80p...you get the drift... |
Divi now 5.5% |
Somebody said 100p...look at Lloy...below 100p for how many years... |
Buying opportunity.. Bght some to average down |
Don't what others think but long term holding UK shares is turning into a mug... |
Socionomics .. but ..but.. your analysis said a big rally to 100p. What happened?? |
66p it was...
diku3 Feb '25 - 20:08 - 4199 of 4212 Edit
0 0 2
Either 74p or 66p... |
big up coming imo -- big ship turning round |
the hope was that if they could right their debt pile, slim down by cutting away non core businesses and rebase the dividend, they could finally bottom the share price that looked to have happen last year but when your core mkt begins to suffer, thats again being brought into question. these really do need to hold the 2024 low otherwise another downtrend could commence. |
Throwing good money after bad... |
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