Vodafone (#VOD) – heads of terms for sale of Vodafone Hungary for €1.8bn EV
- 2022-08-22 07:26:22
I talked about the “boring world of Vodafone” (VOD) back in April HERE. I am sure that some investors are excited about the stock’s year-to-date movement, but the last five, ten, fifteen or twenty years has been a bit of a shocker. I have (correctly) not owned the stock for ages but (finally) is it starting to change?
As I noted here a couple of months ago, BT Group (BT.A) is not an expensive share; it is just you will make better returns from other FTSE names (let alone elsewhere in the global markets). That’s why, on a good day - that is to say, above a 200 pence share price - I will be selling my stock, after more than doubling my shareholding back in 2020. And now, I read more hopes about sector deals…
I have been really impressed by Hotel Chocolat (HOTC) as a (very) occasional consumer, but never (to date) as an investor. A couple of months ago I observed that I was waiting for a 300p or below share price, a level we have not seen for around a year. Yesterday early evening PrimaryBid offered an opportunity to participate in a money-raising for the group. You can guess what I said at a 355p share price (equivalent to a then discount of 2.74%) offer.