I know it’s annoying but at least it’s quicker than it used to be.
Vodafone’s Q3 trading update on Monday hopefully we will get some good news. Personally I’d like to see stable or growing profits and a reduction in debt. The question I ask Vodafone is can you maintain the dividend? If you can I’m not that fussed about the SP I’m not selling and I’ll top
Up when I think the prices are cheap.
As much as I would love the dividend to stay at it’s current level unless the profit increases its looking likely they will need to cut it, the new CEO is doing a full review of the business so I am guessing this will be part of that.
As we already know this year will be big year for Vodafone,
1, with the review of the Italian business
2, Three Merger (most analysts believe this won’t happen) so if they can get that over the line then it should give us a healthy share bump and help with the profits.
A good set of results today overall 
Now just wish freetrade would get on and pay the dividend we should have had friday.
Getting silly this now late payment of what’s owed , paying the monthly ISA shouldn’t be waiting for what other platforms have already paid .
iirc freetrade mentioned that non GBP denominated funds take longer
lol complete nonsense. I got my div on diff platform within 2hours of bell opening.
If you want your dividends on the payment date you’re better off using other platforms. We’ll probably get payments this week
Unfortunately freetrade are more than happy to become the slowest broker to pay dividends.
Maybe with so much competition in the market these days they wan’t to be No1 at something just not sure the slowest to pay dividends is not the best choice.
I use to recommend freetrade to people but not anymore as they have stopped listening to its users and really slow at other stuff.
Ay it’s annoying but at least we have it now. I withdrew some and then put the rest in Lloyds (can’t resist at these prices)
I reckon Vodafone will be good long term I’ll just let them sort themselves out over the next year or so and buy in again once the recovery starts. I’m more than happy to buy in again at 70p plus.
The other thing I wished FT would speed up is the time it takes to get hold of your cash. 2-3 days to get your money from requesting it? Crazy. I can understand maybe next day at the very least, on some platforms you can get the cash the same day. Hopefully as Freetrade scales up more they can sort this out. I really think this kind of thing is holding them back from competing with the “mainstream” providers.
Hello all some good news today. Consensus EPS increased from .047 per share to .053. An improvement but still under the dividend amount. I think we need to prepare ourselves for a cancelled dividend, it may be prudent to do so at these levels and keep more cash in the business. For my perspective I’m not that fussed if the dividend is cancellled for a year or two if that’s what we need to stabilise the business.
There is a really good read below where analysts have weighed in on the dividend and the general consensus is it will remain but most likely with a 40% cut going forwards, which I don’t think would be too bad and once the money starts flowing in and debts are down it could go back up.
An interesting read. I agree it’s a forgone conclusion now and the sp will keep dropping until VF make the announcement
news report about italy
Very happy to break 70p again the markets must be very happy with this bid.
Hopefully they will use this to pay down more debt. I’m hoping this will become a bit of an Aviva, once we sell off all the non profitable bits we can concentrate on the core business and maybe once the company is back in financial health look to expand from there. Did you know at one point Vodafone was the largest company in the FTSE and it had a Market cap of £250bn?
I didn’t know they use to be that big but then they did use to own 50% of Verizon in the USA.
Think the uptick is related to this.
Have you heard about these takeover rumours? I don’t know how true it is but I have read they are tabling an offer of £1.05 a share.
If it was true I would be very happy with 1.05 a share (1.40 would be even better!)
Don’t get me wrong I would consider it but I very much doubt the board and the large shareholder especially e& would take £1.05 a share unless whoever it is is willing to sell off the african assets to e& as I suspect that is one reason why the invested in such a bog amount in Vodafone
Share price 1 Dec 2017. Of course 70 p invites bids. See the destruction of shareholder value.
What a fall in grace from the newspaper headlines of the 1999 Mannesmann bid.
Salutary lesson on Value traps. For long term investors the lesson on understanding the specific business fundamentals.
Tell me about it. I started buying in at the 1 pound mark so I would be happy to just get my money back now.
Well I hope you make your money back. There has been big money put in on the hopes of a bid - the rumours have been swirling for years.
I don’t follow the ups and downs of Vodafone anymore. I have some friends in the company whose incentive options are no where near ‘in the money’. So I do hear the occasional moan. I root for them in the hope I get a free beer eventually. 