Might get really interesting as T has a data breach unfolding with few details yet. You might be safe to add more of your position if it turns into a Target rerun.
China and UK are entering into strategic partnerships with Chinese premier visiting London. The signing of 40 billions dollars deal on all many fronts. China enterprise would like to enter European market and vise versa. If China Mobile offers to buy Vodafone, the regulatory would be providing the green light. Competing with China, Japan's Soft Bank will want to expand outside Japan with their decreasing demographic. Both are potential suitors with deep pocket. A lot of interesting opportunities for Vodafone. UK economy will be boosted and Vodafone is there to rise with the UK recovery first hand.
Sentiment: Strong Buy
Smalls, I have now found a chart, The chart says a low of 191.88p and a high of 194.58p, a close of 194.01p. The low on Friday 13 June was 193.60p suggesting that the gap has closed.
I must say I have my doubts regarding the chart as this goes against my own daily records of the VOD SP of closing price 189.30p on 28 Aug 2013. The SP difference I cannot explain.
Anyway take a look at the chart for yourself link enclosed.
“189.30p was the close that day but do you know the high print for that day?”
Smalls, I’m afraid I don’t know the low of the day (28 Aug). I would be only speculating that it was slightly higher than the close of 189.30p because the SP dropped 0.80p on the day.
189.30p was the close that day but do you know the high print for that day? 348.058p was the unsplit high on my available chart. 6-11 reverse of .545455 on 348.058 = 189.8499p to close the London gap to be exact.
I was going purely off ADRs chart and that $29.02 would have been an error if I typed it. The $29.02 was the low trade that day with the high of $29.46. Gap close for ADRs would be the $29.46. Had bad post on this very string with $29.41 which was the close of that day. ADRs need a $29.46 print which I wouldn't count on given £ is much stronger. £ popped big yesterday. Sorry for any confusion.
Smalls, On the 28 August 2013 VOD closed in London Down 0.80p on the day at 189.30p I know this for a fact because I keep a daily record of the SP. You talk of a SP of 189p to close the gap. But then give an ADR price of $29.02. This is when I get confused. LOL. An ADR price of $29.02, that would be a UK price of 171p. Can you please confirm the price to close the gap? Thanks.
You might have a better chart. What was the highest trade you find for August 28th, 2013 for the London listing? That is your gap. The chart I'm looking at doesn't adjust for reverse split but when I factor at the .5454 it gives the 189p. ADR's are a messy beast and would take a $29.02 which may be tough to close given the £ looks to be on the verge of yet another breakout. Someone else posted here ADR gaps aren't reliable but the London listed is the gap watch. Still a gap on London but I can stand to be corrected.
IF Time Warner and Comcast fail then so should DTV/T because 25% of the DTV market overlaps U-verse TV. Time Warner/Comcast markets fall in line to create a nationwide cable company. DTV/T removes a provider option in some markets. There is always a chance but I'm not counting on DTV deal falling apart unless NFL deal falls apart. If an NFL deal is struck kosher with T guidelines then I see good odds DTV/T deal occurs.
Yes, painful but waiting with powder for technical gap close. Fundamentally strong and strategic moves by VOD should mean Colao should stand his ground - he has beautiful assets. Tell T to fly a kite unless they want to pay to play. This will be a great holding without T.
Just a couple more days like today or one strong down day and I'll grab. 189.95p breakaway gap close.
£ popping is giving ADRs buoyancy. Expect a break of 1.70 soon in a move to 1.73 resistance spot. 1.73 £/$ for a month or two and then the run for 1.84 beings with BOE moving towards a rate hike later this year.
With growth, recovery and ECB printing money, the revenue of VOD should growth healthily.
I expect the money that earn negative interest will start chance after VOD for dividend and growth.
It is going to be winner on hand. The question is how fast it will rise. Analyst medium target is 47.
I see VOD will win big on providing services to Enterprise on "Internet or things" and the third industrial revolution.
Sentiment: Strong Buy
“In Wednesday's filing, AT&T said that DirecTV cannot offer bundled services, while AT&T's video subscribers predominantly choose bundled services, meaning if they abandon AT&T they would be much likelier to switch to cable competitors. AT&T said it needed DirecTV's customer base to give it scale to compete with its "principal competitors," Time Warner Cable and Comcast.”
Smalls, after reading the above, what do you make of it? If the Time Warner Cable and Comcast was to get the knock back do you think that the AT&T, DirecTV deal would also fail? What’s the chances of T turning its attentions again to VOD? T would have achieved its aim in getting the VOD share price down, meaning they could possibly be able to buy VOD a lot cheaper? It’s getting painful watching the VOD share price fall?
Sentiment: Strong Buy
The reverse split is what made me decide to sell my 1800 shares in January. It just didn't pencil out. Some shares had a cost basis of $19.00/share and some at $30.50. I figured I could always buy after the split and I could always buy VZ anytime. I bot some VZ last week. Still holding off on VOD. I don't understand some people on the board. No matter what the price of VOD, they always say buy more and it's going up. I bought more, it went up, and I sold them. Don't fall in love with a stock. The stock doesn't love you.