Vodafone Share Discussion Threads

[institutional investments] 16/5/2024 11:07

Flyer coming here. but i think obvious to you as 77.5 gets looked at for final fling

So, obviously they want share price probably mid upper block for next yield so it can be support at a discount to what div should knock off SP

[institutional investments] 16/5/2024 11:05

Anyway you can already statistically tell their pricing zone expectation looking forward, today

But i cant put it here

Spamming the board

[institutional investments] 16/5/2024 11:04

Ever see the structure for the income funds? They just average down at each block , not really caring about share price obviously. But average down at them so the one-day exit is lower pricing required re maybe 2 blocks lower off their high

But do you know how to mint it on the buy side?

Must be the easiest money out there with patience, yet never see it mentioned at all by long termers.

[institutional investments] 16/5/2024 11:00

Do your homework. if direct and indirect (correlated markets) fundamental shifts look in favour to you, then its a gud un

[institutional investments] 16/5/2024 10:59

i removed trader (in essence the blocks that create the dips), and thats a genuine target there

No yield so you havent got adjusters to ponder on the way

[institutional investments] 16/5/2024 10:56

you long termers should seriously look at SYNT

make own minds up. Its one of few low values out there

[institutional investments] 16/5/2024 10:54

Im sure get more funds in now. only be late ones of course or additions

[institutional investments] 16/5/2024 10:54

Nothing in the way to upper block. A couple of trader prices but secondary pricing. Re any stall, slight retrace on the way up, nothing to do with market itself per se

Sorted

[institutional investments] 16/5/2024 10:52

Wrong thread lol .....

[chinese investor] 16/5/2024 10:52

The Buy Back is ruthless !

[astorcourt] 16/5/2024 10:51

Nearly there 77.4

[institutional investments] 16/5/2024 10:51

yeah stall on 77.5 so pretty sure that was the one

[pierre oreilly] 16/5/2024 10:46

You don't get many whooshes in big caps. But there's one today in BT!

As to VOD, it will perform the same as lloyds with a big buyback - daily up 1p often up 0.5p often and down 0.5p occasionally. And that is fantastic. Note this isn't a trader microcap where 300 quid is invested, you can put 6 figs into this and then those 1ps are equivalent to big daily absolute gains. Just like Lloyds.

[institutional investments] 16/5/2024 10:44

Mid prices obviously. Most i know dont pay spreads so i dont state bid or ask prices

[institutional investments] 16/5/2024 10:39

Cant remember precise price as never marked it that chart. Il check proper ones but sure its 77.5 for release

[institutional investments] 16/5/2024 10:36

Re whoosh - yeah give it an hour or 2 solid trading above price..should kick in later.

SP always lags dark pool obviously

[veryniceperson] 16/5/2024 10:28

You don't need a whoosh, nice gradual climb will do nicely!

[jibba jabber] 16/5/2024 10:02

Is the whoosh coming then?

[chinese investor] 16/5/2024 08:22

Good Morning !

[chinese investor] 16/5/2024 07:29

The shareholder payout for full year 2024 (to 31 Mar) was left untouched at €0.09, but investors will get only half that in the current year, targeting a more sustainable dividend of €0.045 per share ‘with an ambition to grow it over time.’

[amelia airhead] 16/5/2024 07:07

Vodafone Group PLC on Wednesday said it began a share buyback program of up to EUR500 million, a day after saying it would begin a wider EUR2.0 billion scheme following Spanish authorities giving the green light to the planned sale of its Spanish business.

The Newbury, Berkshire-based telecommunications provider said the program would begin today and end no later than August 15. Morgan Stanley will conduct the buybacks on Vodafone's behalf.

Shares in Vodafone were up 4.7% to 76.70 pence each in London on Wednesday morning.

Vodafone said on Tuesday that it planned to conduct the program as an initial tranche of returning EUR2.0 billion to shareholders over 12 months.

This was after Spanish authorities greenlit its planned sale of Vodafone Spain to Zegona Communications PLC, which is expected to complete at the end of May.

At that time, Vodafone will receive EUR4.1 billion in cash and EUR900 million in the form of redeemable preference shares.

Zegona said the acquisition is classified as a reverse takeover under listing rules and it has applied for the around 704.1 million Zegona shares to be re-admitted to the standard listing segment of the Official List and to trading on the Main Market of the London Stock Exchange.

Zegona is led by former Virgin Media executives and has bought and sold two Spanish telecoms businesses, Telecable and Euskaltel, in the past.

Under the sale agreement, Vodafone and Zegona also will enter into a brand licence agreement, which permits the use of the Vodafone brand in Spain for up to 10 years post-completion. Vodafone and Zegona will enter into other transitional and long-term arrangements for services including access to procurement, internet of things, roaming and carrier services.

Zegona said it will fund the acquisition through a combination of new debt, Vodafone financing, and a new equity raise.

Shares in Zegona were up 0.9% to 235.10p each in London on Wednesday morning.

Earlier Tuesday, Vodafone reported results for the year to March.

It said pretax profit fell 88% to EUR1.62 billion from EUR13.07 billion the year prior.

Vodafone said this primarily reflects business disposals in the prior financial year, in particular the EUR8.6 billion gain on the disposal of Vantage Towers.

Revenue declined by 2.5% to EUR36.72 billion from EUR37.67 billion a year prior, reflecting the disposals of Vantage Towers, Vodafone Hungary and Vodafone Ghana in the prior financial year and adverse currency movements.

Group service revenue increased by 6.3% to EUR29.91 billion from EUR30.32 billion, with Europe, Africa and its Business division all growing, Vodafone said.

Earnings per diluted share fell to 4.44 euro cents down from 43.51 cents.

Vodafone declared an unchanged total dividend 9.0 cents per share, including a final dividend of 4.5 cents.