Vodafone (#VOD) – quarterly revenue -2.3%, “confident on full year guidance”
- 2019-07-26 07:43:24
UK 19:24 Sunday, 4 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
I quite like working on a Sunday as it gives me a chance to feel fully prepped when markets start moving about come Monday morning. However I am sure there was some spluttering over the cornflakes and coffee for anyone associated with Vodafone (VOD), BT Group (BT/A) and FirstGroup (FGP) given the various mentions all three corporate names garnered in the deadwood press. Looking at it dispassionately though from the perspective of shareholders, I think we can characterise the news out there as the equivalent of the good, the bad and the ugly.
I was really worried I had made a grave error is buying into Vodafone (VOD) for my mini Dividend Munchers’ portfolio. Of course, on the basis of having paid over 190p and the shares subsequently collapsing to well under 150p I clearly had – but fortunately had only piled up half of what I had wanted so by good fortune I escaped the worst. The question was then whether to pile in for more – so the market was wrong – or to accept I had made a mistake. This morning Vodafone offered up its interims.
Vodafone (VOD) has had a very weak year so far and the share price has been dropping steadily, but I believe that it can still turn things around longer term.
Not too much in today's larger cap corporate earnings to get excited about. Suffice to say comments from the housebuilder Berkeley Group (BKG) were suitably patchy, with chat from the company that profits would be down a third next year. I stick with my recent cautious views towards the sector. My thoughts therefore turn towards other areas of the market.
A little over three months ago, I noted about telecoms behemoth Vodafone (VOD):
Hello Share Totters. Every time I type Vodafone (VOD) my computer turns it into Voodo, which seems a bit unfair. Vodafone is not cursed and, in fact, is doing a bit better than the market expected.
Near the top of the FTSE-100 leaderboard today is the telecoms behemoth Vodafone (VOD), which proudly said earlier today that it had enjoyed a ‘good year, gaining share’. Of course the headline profit numbers were full of the negative impact of a non-cash impairment of €5 billion relating to its Indian business. But don’t worry about this! ‘Organic adjusted EBITDA growth of 4%-8%’ is expected and, with €5 billion of free cash flow and a 2% hike in the dividend, the yield munchers will be bought off. Right here, right now though, I would sell Vodafone shares.
Hello Share Spaders. Recently, I opined on this superlative website that BT had been over-sold in the last 12 months and was possibly cruising for a new target of 500p a throw, rather than the present sad sub-400p share price. But I’m not so confident over its rival Vodafone (VOD).
