THE VODAFONE THREAD

Home Player - 13 Dec'06 - 18:32 - 4051 of 4086

So, that means sell then. But at what price do you reckon? My feeling is that this has got 150p in it yet, but then after the last two days thats fairly easy to say.

Although I know I will be caught out, I can't escape the basic fact that this is a solid business with world wide exposure. Chairman has major credibility, the hounds are off the Chief Exec, and there is a capable replacement in waiting if needs be. In addition, VOD seems to be back in favour with the City. I know it is a different sector, but Somerfield sold prior to last Christmas for about 197p, based on approx £60m profit per year, and a seriously ailing store base in Kwik Save. If that was worth 197p, VOD is an exponentially better bet. As a basic business, this one is sound. It is not going to go bust. This should reach well in excess of £2 next year, and I am tempted to stay in for the long term.

However, I said last week I would consider selling at 160p.....will I get the chance?? Hope so.

HP

Well the BB crashed so I could not read the BB posts in responce, so I do feel completely NERVIOUS. May be sell at 149 and re purchase at what ever lower price you can get?

ALL THE BEST.