Vodafone Share Discussion Threads

[dplewis1] 06/12/2024 15:42

They're probably looking to get the bookrunner role on the next batch of bond refis!

[car1pet] 06/12/2024 15:28

BofA is positive about VOD and has atarget price of 115p!! But needs a couple of years

[dplewis1] 06/12/2024 15:07

Classic VOD plop on the US open

[car1pet] 06/12/2024 10:28

Thanks dplewis.

[dplewis1] 06/12/2024 10:08

Yes that's right - they cancelled nearly a billion shares recently. RNS here: hTTps://www.investegate.co.uk/announcement/rns/vodafone-group--vod/transaction-in-own-shares/8567474

[car1pet] 06/12/2024 09:28

I see that Vod holds 1.5bn shares in treasury and there are 25bn shares in circulation. I thought that buybacks were intended to reduce the number of shares so in theory increase the share price (this never happens in my experience). But in order to do this I also understood that the shares bought need to be "cancelled" not held in treasury. If they are held in treasury then presumably the value sits on the balance sheet and could be sold. 1.5bn shares is worth around £1bn at 70p per share.
Have i got that right?

[leadersoffice] 05/12/2024 12:47

This will come back to life. I've been buying each month for the last few years. Be good if it can get back over the pound level in early 2025

[justiceforthemany] 05/12/2024 11:38

They would not have gone through all that hassle unless it was beneficial to their bottom line. No one forced them into the merger. Far from it!

[careful] 05/12/2024 11:19

Sometimes we have to trust the management.
It will take years to merge these companies and reap the benefits.
Today I topped up.

A ten year gilt yield about 4% risk free.
Hoping Vod will give a better return over the same period.

Huge cash flows as always, but an obligation to invest in fast broadband,

Ideally I would ignore my holding and check the value in a few years time.
Fat chance.
I planted an acorn a few weeks ago,I love oak trees.
I check its progress every day.

[diku] 05/12/2024 11:16

Deals that VOD does tend to be mired with complications...may be not now but in future...

[estienne] 05/12/2024 11:11

Hee Haw Hee Haw

[car1pet] 05/12/2024 11:03

What will they be called after the merger? Threeafone?

[laurence llewelyn binliner] 05/12/2024 10:51

#Diku, it has not come from anywhere yet, but will come from retained earnings supported by the 50% dividend cut over the next 8/10 years, maybe debt near term, but it depends how fast they want to roll out and deploy the infrastructure CAPEX..

[diku] 05/12/2024 09:39

So this 11bln didn't just drop out of the sky...company money meaning who's money?...came from somewhere...shareholders money or indirectly from customers?...


GBP11BN investment programme would be entirely self-funded by the company.

[dplewis1] 05/12/2024 09:16

Flying now, up 0.75 of a penny. Just wait til the US wake up

[estienne] 05/12/2024 09:12

Hee Haw Hee Haw

[justiceforthemany] 05/12/2024 08:54

Tiger global and Tesco again here.
Short selling scandal.
Look it up.

[justiceforthemany] 05/12/2024 08:53

Three UK EBITDA £400M+

[laurence llewelyn binliner] 05/12/2024 08:32

The merger CAPEX will be over 8/10 years, VOD 51/49% with 3, the dividend was cut in half to retain earnings, it should be covered off..

Another step forward, now let it unfold and get on with it..

Vodafones chief executive Margherita Della Valle told the BBC's Today programme its GBP11BN investment programme would be entirely self-funded by the company.

Self-funded means no extra costs from public funding and no extra cost for our customers..

[nilla159] 05/12/2024 08:16

keep borrowing more to buyback own shares.(Lunacy Personified)

[andplus] 05/12/2024 08:14

Is the rainmaker sleeping?

[joshuam] 05/12/2024 08:09

Poor reaction so far……too much debt.