Undervalued UK Market

[Zrtz]

@Zrtz

Vodafone drops to it’s 1997 price range, yes todays half year report wasn’t that good but the reaction was overly done imo

Institutions steadily buying increasing their stake in Vodafone, could takeover be on the table

[Dougal1984]

I thought they were expected to merge with three or orange, one of the two.

Their debt pile is too big imo and margins squeezed too much. It’s difficult to argue a good investment case with the current board despite good cash flow.

[Zrtz]

It doesn’t seem the merge talks developed any legs, haven’t researched tho. As per debt pile i thinks it’s common with the communication sector but yeah they’ve got too much debt.

[Zrtz]

@Dougal1984

Sharecast News) - Vodafone is reportedly putting final touches on a deal with Three UK to create Britain’s largest mobile operator and may announce details of the tie-up as soon as this month.
According to Bloomberg, Vodafone and Three UK’s owner, CK Hutchison Holdings, are working through the last details of the structure of the deal, and ways to address potential antitrust issues surrounding it.

Vodafone and Three UK’s parent CK Hutchison confirmed in October that they were in talks to merge their UK businesses.

[Dougal1984]

I just wish I had more funds to invest in Energy right now.

I’m waiting for another dip on RR and CWRs valuation looks deflated right now. The problem with both is RR has 3bn in debt and only 0.6bn expected free cash flow this year. They need to invest and clear that debt(albeit servicable), to rerate upwards.

CWR as far as I can see have sufficient cash levels to see themselves through to profitability in the next 5-10 years once recurring revenues kick in from contracts.

Another outlier could be NanoCo. It’s difficult to say exactly what could accelerate its share price up now from existing levels, but with an mcap of 72m, and expected to retain upwards of $90 out of the $150m settlement with Samsung, they’re effectively being valued as cash.

[EquityInvestor]

@Dougal1984

Another outlier could be NanoCo. It’s difficult to say exactly what could accelerate its share price up now from existing levels, but with an mcap of 72m, and expected to retain upwards of $90 out of the $150m settlement with Samsung, they’re effectively being valued as cash.

Hi @Dougal1984, I’ve just come across this post and noticed that NanoCo is still at a similar price to at the time of your post and it sounds quite interesting.
Are you still keeping an eye on it / interested?

[Dougal1984]

@EquityInvestor

Are you still keeping an eye on it / interested?

No I’m not following it. I’ll break even from the court payment but that’s about it.