Vodafone Share Discussion Threads

[careful] 20/12/2024 09:46

RR turnover 18bn market cap 49bn (up from 7bn in 3 years)
VOD turnover 45bn market cap 17 bn.

RR were forced to cut costs to survive Covid.

We need a shock event to force VOD into financial discipline.

Like many other UK companies VOD is run for the benefit of its employees and not the shareholders.
UK not a free market capitalist country.

[andplus] 20/12/2024 09:45

Hope is not a strategy

[davius] 20/12/2024 09:35

Not quite year end but...

1st January the VOD share price was 68.62p, now 66.53p, down 3%, FTSE up 4.5% in the same period.

Including dividends (5.7p) then the overall gain on VOD is 5%. The average yield on the FTSE is 3.68%, so overall VOD has still underperformed by 3.2% or so.

The fall in the FTSE through December will be hurting the Brucie Bonuses of the traders, so perhaps there's still time for an artificial Santa Rally...

[aibot5574] 20/12/2024 09:26

RR shares were on a fall for a whole year in years 2021 - 2022 before their final long way up...

[ricardo montalban] 20/12/2024 09:09

@nilla…why on earth would you think the Chinese would want this debt junkie pos company?

[diku] 20/12/2024 08:54

That merger was a dress up...desperation as rates stay higher for longer...those who bought in 63p seeing gains getting evaporated...

[anony mous] 20/12/2024 08:37

Dripping 1p everydayMy worst investmentActs like an AIM share

[diku] 19/12/2024 09:04

Yes joking...

[dplewis1] 19/12/2024 08:56

FTSE down and VOD up .. a rare event indeed

[diku] 18/12/2024 21:11

Now just imagine those lucky punters who bought around 63p early in the year by luck or clever judgement thinking they got in at rock bottom price then see it go to 78p...they kept on holding onto it thinking it will keep going up...only to see it back to 67p today and probably getting closer to 63p again...morale of story buy and hold all too often not working...one big speculative churning machine...

[dplewis1] 18/12/2024 20:57

Down 3% in the US so another plunge inbound here

[nilla159] 18/12/2024 20:13

Non executives are on the same level of Intelligence as Share Buybacks, for Gods sake.For this reason the company will be bought by the Chinese(eventually), simply because our brain dead directors do not possess an original thought with regard to running a company.Did the Board all vote Labour?....just asking?

[diku] 18/12/2024 17:52

Can you define/elloborate what 1 days work each month actually mean?...is it like looking at spread sheet numbers/graphs and make judgements...are these guys really that multi taskers?...



Becoming a non exec is even worse.
They collect these positions, handsomely rewarded for 1 days work each month.

[justiceforthemany] 18/12/2024 14:57

[e-mail]
Head of Investor Relations

[careful] 18/12/2024 14:31

the whole head hunting racket stinks.
Once you are on the circuit it is jobs for the boys.

Becoming a non exec is even worse.
They collect these positions, handsomely rewarded for 1 days work each month.

The job often is to award the `CEO and his chums a bloated over the top pay packages.
Get this right, do not rock the boat and you can collect non exec roles easily.

Gekko was right in Wall Street when he took over Teldar Paper and made his 'Greed is good speech'
All lifted from Carl Icahn, still true today. We need to clear the swamp.

[diku] 18/12/2024 14:04

So why are these executives hired in the first place...if the executive/s doing the hiring are in the same boat?...what chance do you stand...by the time the business is streamlined something will drop out of the sky...it will only have an impact on VOD...

[careful] 18/12/2024 12:50

Even an idiot private investor is entitled to ask why some of the 45bn turnover does not stick.

The weakness of vod is also its potential strength.

A complicated fragmented operation operating over several countries.
No doubt too complicated for these here today gone tomorrow executives to understand before they boost their bank accounts and move on to ruin some other company.

One day we will get some talent at the top and this business will be streamlined.
The potential savings must be huge.

[justiceforthemany] 18/12/2024 12:42

4Bn buy back confirmed is around 20% of the market cap now!
That will obviously push EPS up significantly.

The cynic would think this is deliberate manipulation so as many shares can be bought back cheaply as possible. Unclear how or why it is allowed though. Or why the board would be happy to allow their share price to fall every day.

[aibot5574] 18/12/2024 11:46

Who in their right mind would sell now will surely remain a mystery... That is why I propose the thesis: Wash the share away from small investors. The market is glad if they sell at lows but not so if they dare to buy occasionally something big at low prices. It looks like someone hates it. No problemo: VOD’s day will certainly come.

[diku] 18/12/2024 11:40

What is the role of an Independent Executive?...fair to say no matter who is CEO price direction is not going to make much difference...it wasn't a spectacular performance when rates were zero either...VOD is just a counter trade churning machine...

[davius] 18/12/2024 11:31

The dividend is pretty much the only thing going for VOD, the share price has been a spectacular disappointment.

Since Stellar Fail became CEO the shares are down 29.2%, and they are well below the 77.53p at the time the board decided to award themselves an eye watering £30.4m in performance related shares.

Of course, the fall since then has been tempered by 13p in dividends so in reality they've already profited. However "fat cats" on huge salaries don't tend to need access to these funds and can let them run as long as they remain in post, unlike those of us in the real world.

Some might say they are typical board members with "snouts in the trough" as all they do is take with no real input. I couldn't possibly comment, save to express my frustration as a part owner of Vodafone, that the board have failed to make use of Vodafone's size and strengths, yet continue to view their own performance as worthy of such rewards.

[diku] 18/12/2024 11:14

Difference between expected and reality at the time...

[justiceforthemany] 18/12/2024 08:09

On further reading Vodafone Germany is expected to start growing again in 2025.
All other markets already showing growth in revenue and EBITDA.
P/E sub 10 now. Price to Book 0.3x