PrefInvestor1
16 Jan 2020
Vodafone Idea Problems Continue India woes continue… The Economic Times – 16 Jan 20 No relief from Supreme Court, telcos have 1 week to pay Rs 1.02 lakh-crore as... The review petitions were heard 'in chamber' by the same three-judge bench, which delivered the October 24 order. I see that the article says that Vodafone Idea might be forced to shutdown completely were they forced to pay the entirety of the charges due…? This telco stuff has mega expenses associated with it. I see that in the last 6 months they would seem to have sold Vodafone New Zealand and Vodafone Malta ?. ATB Pref
skiking37
19 Nov 2019
Slight surprise that no comments on price collapse here? @frog_in_a_tree / @jackdawsson - as much as it is having a good day today - albeit falling back now - I think this is more to do with the general market rather than any real confidence in VOD. I was expecting a rise over the last few day given it goes XD this week (it does, doesn’t it?). I was going to pile back in but i think I will stay out and see what the SP does for the rest of the week. For me, this stock was about a dividend earner without the price being spectacular. Got the latter bit wrong and at the point of selling I was 20+% down so, if I get back in, it will have to be sub 150. During the time I have held the stock I have almost made up my losses in dividends so it hasn’t been all that bad.
jackdawsson
15 Nov 2019
Slight surprise that no comments on price collapse here? skiking37: Any thoughts from anyone? @skiking37, Most of the key points you’ll already know. Technically, another recent failure to consolidate above resistance at 163+. That’ll presumably disappoint many of those with averages much higher than current SP. Fundamentally, more increases in debt, that was already high before, is never bullish for any stock looking ahead over the foreseeable future. Neither is selling off key assets to manage debt. For transparency’s sake, I took a significant hit here at 151 weeks ago (as posted on another VOD thread). I put those funds into buying more LLOY at 52+. I figure the latter’s SP is mostly pegged back by Brexit & political uncertainties. But those are likely to be finite. Whereas VOD’s troubles seem to get worse with time. I’ll not buy back VOD again, but that’s not to say that improvements in their next update won’t see another decent rally to recent highs of 169+. - GLA.
frog_in_a_tree
15 Nov 2019
Slight surprise that no comments on price collapse here? You did well to sell at 163 Ski. You will be able to buy back at a profit. I don’t worry too much about VOD. It is geographically diverse company and naturally there will be bad results in some parts of its empire from time to time. A hold for me. Cheers, Frog in a tree
skiking37
15 Nov 2019
Slight surprise that no comments on price collapse here? So, I sold ALL my holding in VOD at just short of 163p a few weeks ago as I wasn’t expecting anything positive in the results just published. I was intending buying back in before the 22nd to get the dividend as I expected a fall in SP. I almost bought back when the price hit around 156/157 at the end of October. The market seems confused by the results IMO. The initial reaction was rise above the point I sold so I was cursing my decisions and it almost hit 170p on Tuesday afternoon. But look at it now, it is down to 155 and falling. Thats more than 8% drop in just a few days. Confused as to whether to buy back in now for the divi or just buy another donkey - I hear LLOY is good Any thoughts from anyone?
frog_in_a_tree
12 Nov 2019
Vodafone Idea Problems Continue [link] Indeed, Pref, there are still worries in India but equally the tie up with Liberty in Europe seems to be working out. Losses are being cut and the financials are improving which is no doubt why the report has been well recieved by the market which has lifted VOD by 2.4% today, despite the expected cut in the interim dividend in line with the earlier cut in last year’s final divi. Steady as she goes. Frog in a tree
PrefInvestor1
12 Nov 2019
Vodafone Idea Problems Continue Hi All, Things just going from bad to worse from what I read online and in the press. See examples below:- The Telegraph Vodafone’s tough passage through India will end badly Mukesh Ambani must be not only India's richest man but also its luckiest. [link] – 12 Nov 19 Vodafone may suffer $1.1 billion writedown from Indian price war The company could write down its 45% stake in Vodafone Idea Ltd.The parent company already took billions in writedowns on the business in the past three years HY results today declared a loss at least in part to Vodafone Idea and from the above articles I am not sure that the full implications have been factored in. Lots of positive spin in the announcement and the market has responded well (up ~2% as I write this) but personally I remain unconvinced. GLA Holders Pref
Ripley94
09 Nov 2019
Picked some up. VOD… XXXX Took a slice here on the Wednesday 6th @ 163p … had been putting on limit each day for about a week.
frog_in_a_tree
08 Nov 2019
VOD & Virgin Media strike new Mobile Deal Broker overview from Hargreaves Lansdown: Hargreaves Lansdown Vodafone Group plc (VOD) USD0.20 20/21 Share Price | VOD The latest Vodafone Group plc share price (VOD). View recent trades and share price information for Vodafone Group plc and other shares. The current yield is 4.94%, even after a nasty cut earlier this year. The broker forecasts are very positive, but do they know any better than me? Whilst acknowledging that there are problems in India, equally I see that VOD is investing in its future capacity and think that the picture looks good. Since August the sp has appreciated from around 50p to around 60p+ now. Although it is only in the UK, the tie in by Virgin is a positive move. My feel is that VOD has the possibility of further sp appreciation. I have been slowly adding this year but I think I shall ramp up my contributions now. Frog in a tree
jackdawsson
06 Nov 2019
China starts rolling out 5G networks To clarify my earlier comment, I meant more so consumers still getting very unreliable 4G services, something indicated in a recent report below. Whilst making such sweeping statements (ie. “23 millionâ€) from a poll of only 2,010 consumers seems highly questionable to say the least, it does however suggest that a significant number of mobile users still struggle to even get 4G consistently, let alone 5G. - GLA. [link]
jackdawsson
06 Nov 2019
VOD & Virgin Media strike new Mobile Deal Maybe of interest, today’s RNS as below seems positive news for VOD holders. SP responding accordingly. Currently over 164 after seeing resistance at circa 163 for the past few months. Get past 163 with volume & the next hurdle likely to be circa 170. That level last seen intraday in December 2018, after which the SP retreated sharply, so it looks like another resistance level. But maybe things will be different this time? Hard call either way as so much can happen on a global level. Half-year results out on 12th November likely to be key. - GLA. Vodafone Group VIRGIN MEDIA AND VODAFONE STRIKE NEW MOBILE DEAL | Vodafone Group RNS Number : 4475S Vodafone Group Plc 06 November 2019  6 November 2019  VIRGIN MEDIA AND VODAFONE STRIKE NEW MOBILE DEAL  Virgin Media has agreed a five year deal with Vodafone UK to bring innovative new services, including 5G, to more than three...
jackdawsson
05 Nov 2019
5G starts rolling out in China Maybe of interest: China starts rolling out 5G to consumers in 50 cities. Other nations to follow next year. Reportedly, most consumers seem unlikely to upgrade to even 4G for a few years yet, so the number of early adopters of 5G will be interesting. GLA. "China’s mobile operators have made 5G services available to consumers, as the country seeks to become a global technology leader. State-owned carriers China Mobile, China Unicom and China Telecom unveiled their 5G data plans on Thursday." BBC News China rolls out superfast 5G network By the end of the year, China's will be one of the world's largest 5G deployments, state media said.
skiking37
24 Oct 2019
Slight surprise that no comments on price collapse here? I sold all just before the bell last night so I expect the price to rocket this am
PrefInvestor1
24 Oct 2019
Slight surprise that no comments on price collapse here? Hi All, I see that the Vodafone Idea black hole is still performing as expected, share price is now 1/4 of what it was in October 2018 apparently, losing users at a rate of knots too. See article below: cnbctv18.com Vodafone Idea is on the verge of a crisis: What went wrong with the telecom... Vodafone-Idea has been in the industry for decades and has sufficient experience in deploying new technology. But with the 4G transition, both were stormed by Jio's instantly available 4G infrastructure.Get latest Business online at cnbctv18.com I note that the UK share price is looking more positive since the tower sale idea though. June results didn’t look that great from what I could see from a quick skim. But I guess anyone who bought at 13x is doing OK now. ATB Pref
jackdawsson
23 Oct 2019
Slight surprise that no comments on price collapse here? skiking37: Any thoughts on the run up to the 1/2 yr results in November? The SP has been struggling to break out of the 162p ceiling but appears to have done. I personally can’t think of any reason why this will go higher in the short term. @skiking37 You’re right to be cautious, but results are always a very hard call. Any significant beat of market forecasts will see it rally. Vice versa if well below forecasts. I’m no longer involved in VOD, without any regrets. But I note the ceiling is intact, but it’s at 163. VOD closed above 162 a few times in recent weeks. For eg. 162.82 on 10th October, 162.86 on 26th September. Today’s 162.74 close is merely in keeping with those recent highs. It really needs to close above 163 with strong volume to signal a potential breakout. If it breaks past 163, the next major resistance level will be 169+. You may recall that in December 2018 it rallied to highs of 168+, before falling away again to closing lows of 123+ this May. Best of luck whatever you decide!
