Vodafone Share Discussion Threads

[justiceforthemany] 02/3/2024 19:18

If, and yes it's a big if, a takeover for Vodafone did come in for it to be accepted 150p would need to be offered, given the NAV is closer to 200p and Kantar consistently name Vodafone as Britain's biggest brand.

100% premium shows how ridiculously undervalued UK stocks are. Look what happened to Hotel Chocolat, a tiddler...

[brucie5] 02/3/2024 14:48

I note a large article on the CEO in today's FT, which seems mainly, if not entirely positive. And certainly about her determination to turn things around.

[wendsworth] 02/3/2024 13:52

Apologies for the split post. Mea Culpa !

[wendsworth] 02/3/2024 13:51

...the pond . So without M & A the Sp should be back up to 80p before Finals.

[wendsworth] 02/3/2024 13:50

kiwi: Absolutely spot on analysis (7882)...which is why 'vultures' could well be circling. In reality I'd be surprised if they weren't ...particularly when one factors in that telecoms are beginning to come out of the heavy infrastructure investment period, intertest rates likely to fall (with a June estimate of 2 per cent rate of inflation0 and shorts significantly reduced both sides of

Without M and A

[justiceforthemany] 02/3/2024 13:03

300M volume is not normal.

[veryniceperson] 02/3/2024 10:43

Total Voting Rights. Always on the 1st or 2nd of the month. You know what, guy's time will tell.

[winner31] 02/3/2024 10:33

Funny how Vod felt the need to state voting rights on Friday , no smoke without fire imo

[diku] 02/3/2024 08:52

rare???...one person heard???...sources close to company???...uncooked sources???...anybody think of other wordings?...





There's speculation that there may be interest for a full takeover of Vodafone (VOD), according to traders, who cited a Betaville "rare" alert on Thursday.


Vodafone (VOD) ticked up 0.8% on Friday after a Betaville item about takeover speculation and one person following the matter heard that Goldman Sachs has been hired for a potential acquirer.

[kiwi2007] 02/3/2024 02:02

and....more investment houses spot value...

A series of potential deals across Europe's fragmented telecoms industry has put the battered sector in the spotlight, as consolidation could help boost profit margins.

European telecoms stocks (.SXKP) are at fresh record lows relative to the market after years of investor neglect in markets dominated by megacaps that offer fatter returns.

Since early 2000, Europe's telecoms have seen their market cap collapse six-fold to $270 billion.

"We strongly believe that M&A can draw attention to a completely forgotten equity sector," said Fabio Caldato, portfolio manager at investment company AcomeA SGR.

"We're building the position. There may be cross-border M&A that finally reduces competition and raises margins for telecom operators," he added.

Vodafone
VOD
this week announced exclusive talks to sell its Italian arm to Swisscom
SCMN
for 8 billion euros ($8.7 billion), adding to other potential transactions in the making.

Mediobanca Securities analyst Fabio Pavan said the deal "was a step in the right direction" as it would create a group with a more than 30% share in both fixed and mobile markets in Italy, home to the European Union's third largest population.

"The telecom sector continues to show a strong need for remedies; M&A is the only effective one, opening a virtuous cycle of price-ups," Pavan also said.

The sector has been plagued by many players fighting for market share, while facing costly network upgrades to meet growing demand for data.

Analysts say industry consolidation could end price wars, allow companies to cut admin costs, and get synergies by sharing technology and infrastructure.

[kiwi2007] 02/3/2024 01:59

I don't think there's anything happening especially, just that the market is spotting value;

VOD
is a stock many investors are watching right now. VOD is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. The stock is trading with P/E ratio of 10.20 right now. For comparison, its industry sports an average P/E of 10.46. Over the last 12 months, VOD's Forward P/E has been as high as 12.20 and as low as 9.02, with a median of 10.03.

Another notable valuation metric for VOD is its P/B ratio of 0.35. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. This company's current P/B looks solid when compared to its industry's average P/B of 1.03. Over the past year, VOD's P/B has been as high as 0.57 and as low as 0.33, with a median of 0.38.

Value investors will likely look at more than just these metrics, but the above data helps show that Vodafone Group is likely undervalued currently. And when considering the strength of its earnings outlook, VOD sticks out at as one of the market's strongest value stocks.

[veryniceperson] 01/3/2024 22:25

There is something going on, that's why I've been checking the trades today and yesterday. If someone wanted to spread takeover rumours, you would pick another well-known company with fewer shares, which would push up the price. Vodafone has 27 billion shares. You would have a job push up the price by much. IMHO. Could be wrong, but I think there is something building

[gurunostradamus] 01/3/2024 19:32

Risk reward suggests that a share price around 70p is a bargain for VOD as at long last the telecoms should start climbing this wall of worry as the yield is great, if maintained by BT and VOD. The icing on the cake is that they are way undervalued so it does present an opportunity to tuck these away at these silly prices for the next 6 months or so.

PS - I bought today after watching for many months as I firmly believe the trend is upwards now!

[action] 01/3/2024 19:04

Will not make any difference as the real money which changes uk prices are us funds and hence after uk.open rally fizzled out. Only us funds change prices up or down after us open in UK.

[justiceforthemany] 01/3/2024 17:03

Volume still rising.
Close to 200M now.
Something is going on...company needs to disclose an offer, no matter how 'opportunistic' or 'hostile'
It is price sensitive information FFS.
Stakeholders here need to remind Investor Relations of this.
Non disclosure will not be tolerated.

[e-mail]

[veryniceperson] 01/3/2024 16:36

155 million traded today. Quite a few.

[justiceforthemany] 01/3/2024 16:28

US stocks are trading in bubble territoty, stupid P/Es of 50-100
Palo Alto a great example
AMD another

[justiceforthemany] 01/3/2024 16:27

To stop people only buying over priced US stocks!

[isis] 01/3/2024 14:23

There will have to be some incentive with this new ISA otherwise what's the point?

[philanderer] 01/3/2024 12:11

time 2 , sorry about that . After midnight I should have been asleep ;-)

[time 2 retire] 01/3/2024 01:21

Phil, that's from 2 nights ago, dated 28th and old news.

[philanderer] 01/3/2024 00:33

From VOD website tonight


Vodafone Group Plc (“Vodafone”) notes recent media speculation and confirms it is in exclusive discussions with Swisscom AG (“Swisscom”) regarding a potential sale of Vodafone Italy to Swisscom for cash.

Subject to confirming binding transaction documentation, the parties have agreed that Swisscom will acquire Vodafone Italy for an enterprise value of €8 billion on a debt and cash free basis and subject to customary closing adjustments. The enterprise value represents a multiple of c.26x consensus FY24F OpFCF1 and c.7.6x consensus FY24F Adjusted EBITDAaL1.

[isis] 29/2/2024 22:21

As I've been saying for a long, long time :-