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vodfone

with verzion deal and the share prices have gone down, does anyone have any information about whether it is worth holding on??

Comments

  • planteria
    planteria Posts: 5,322 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    very difficult to say.
    i am still holding Vodafone at this stage.
  • bowlhead99
    bowlhead99 Posts: 12,295 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Post of the Month
    edited 12 February 2014 at 11:51PM
    stilldazed wrote: »
    with verzion deal and the share prices have gone down, does anyone have any information about whether it is worth holding on??

    I am out.

    If you can't answer the "why are you in this share, when there are many thousands of shares around the world that you are not in" question, you should be out, and only have a nominal holding through a collective investment fund.

    Verizon deal or not, this ought to be the standard answer to any "should I buy / should I keep share ABC plc? ".

    Last year you could have at least said, well they might spin off VZ which is a huge part of their business and a game changer in terms of their fortunes thereafter. But, now they have finalised and announced the small print of that deal. So what is going to change from now on, to change the market value of the remaining business?

    The only people with inside information on the deal are insiders, and they are not going to talk to you on a public forum, about why it is that you should buy or sell tomorrow.
  • Biggles
    Biggles Posts: 8,209 Forumite
    1,000 Posts Combo Breaker
    The share price hasn't really gone down, it's higher now than it was for most of last year.

    But you will need to decide what you're doing in the next few days, as if you are holding at 6pm next Thu you may end up holding half the number of VOD shares as well as some VZ shares and some cash.

    http://www.vodafone.com/content/index/investors/verizon-wireless-transaction/common-questions-and-answers.yes.html
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