Why I think the Vodafone share price could surge in 2020 Alan Oscroft | Wednesday, 29th January, 2020 | More on: VOD Enter Your Email Address Our 6 ‘Best Buys Now’ Shares Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. “This Stock Could Be Like Buying Amazon in 1997” See all posts by Alan Oscroft Image source: Getty Images. Simply click below to discover how you can take advantage of this. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Alan Oscroft has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. On Wednesday, Vodafone (LSE: VOD) told us it has agreed to sell its 44% shareholding in Vodafone Egypt.The sale, for $2,392m to Saudi Telecom Company, is not in itself particularly momentous. But I think it represents one more step in Vodafone’s improving business focus.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…It comes a few days after it announced a partnership with Sunrise of Switzerland. I like to see the group taking part in more modern networks and services in developed countries. We’ve had a series of new tie-up announcements, and I think it’s mostly heading in the right direction.For a long time, I’ve seen Vodafone as a ragbag of worldwide phone companies. In fact, I’ve found it hard to see anything beyond the sum of the parts. Couple that with a long-term overvaluation, plus stubborn and unaffordable high dividends, and I saw a sell.DividendThe dividend problem has been, at least partially, alleviated now. Vodafone finally slashed the annual payment, by 40%, for the year to March 2019. But it was still nowhere near covered by earnings that year. Cover should return by 2021 if analyst forecasts are accurate, but it will be very thin at around 1.1 times.But sentiment, at least, does seem to be turning in Vodafone’s favour. After falling approximately 40% in the five years to May 2019, Vodafone shares have been picking up. And since that 2019 low, we’ve seen a 24% rise.Forecast earnings for the year to March 2020 put Vodafone shares on a P/E of 24, which might seem steep. But after a few up-and-down years, analysts are predicting some solid earnings growth to come.A predicted EPS increase of 35% in 2020/21, followed by another 20% for 2021/22, would drop the P/E to around 14.5. If earnings rises should continue beyond then, I could see that as a tempting growth valuation. But it’s more than two years away, 5G technology is only just getting started, and there’s intense competition.Resurgence?I do expect the Vodafone share price recovery to continue throughout 2020. That’s essentially because the 5G thing, plus those earnings forecasts, paint a tempting growth picture. And investors always seem ready to jump on the next growth prospect.But I fear the optimism is premature, and that the resurgence could turn bad again over the next couple of years. Vodafone will need to invest a lot of cash before it sees big profits from 5G technology, and I wonder if those forecasts are unjustifiably rosy.Then there’s Vodafone’s debt. At the halfway stage at 30 September, net debt stood at €48.1bn, up from €27bn at 31 March. That massive rise was partly due to assuming debt of €18.5bn from the acquisition of Liberty Global assets, but some was down to cash outflow.Dividend againThat doesn’t help with the expenditure needed for all that 5G investment. Vodafone’s withdrawal from its older and lower-technology markets and the offloading of those assets is generating cash. But they’re not huge sums, and I can see a financial squeeze coming.The dividend cut that we’ve already seen needed to have come a lot sooner, and I reckon the current dividend should be pared back even further. Until I see Vodafone’s cash management looking a lot more settled, I’m keeping away — even if I do think there’ll be short-term gains. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge!
Gov’t Mule has announced a spring tour that will bring them through much of the East Coast and South. The newly announced tour is set to follow a three-night Australia run and will wrap up with a Jazz Fest aftershow at New Orleans’ Saenger Theatre. Gov’t Mule will once again be on the road in support of their 10th album, Revolution Come… Revolution Go. The outing will find Warren Haynes (vocals, guitar), Matt Abts (drums), Danny Louis (keyboards, guitar, and backing vocals), and Jorgen Carlsson (bass) playing 13 dates, including a two-night stint at the Capitol Theatre in Port Chester, NY.Black Stone Cherry will open for Gov’t Mule during most of their spring tour dates, though Marcus King Band is scheduled to support them in New Orleans, and the Tangiers Blues Band will hold down that role at the Asbury Park Music & Film Festival.Tickets for Gov’t Mule’s spring tour dates will go on sale to the general public at 10 a.m. (EST) on Friday, February 9th. A fan pre-sale is slated to begin at noon (EST) on Wednesday, February 7th.Gov’t Mule Tour Dates:March 26 Sydney, AU @ Metro Theatre – w/ Lukas Nelson & The Promise of the RealMarch 27 Melbourne, AU @ The Corner – w/ Lukas Nelson & The Promise of the RealMarch 29 Byron Bay, AU @ Byron Bay BluesFestApril 18 Bethlehem, PA @ Sands Bethlehem Event Center*April 19 Erie, PA @ Warner Theater*April 20 Syracuse, NY @ Landmark Theatre*April 21 Baltimore, MD @ Hippodrome*April 22 Charleston, WV @ Clay Center For the Arts & Sciences – Maier Foundation Performance Hall* April 25 Westbury, NY @ NYCB Theatre at WestburyApril 26 Albany, NY @ The Palace Theatre*April 27 Port Chester, NY @ Capitol TheatreApril 28 Port Chester, NY @ Capitol TheatreApril 29 Asbury Park, NJ @ Asbury Park Music & Film Festival**May 2 Huntsville, AL @ Von Braun*May 3 Mobile, AL @ Saenger Theatre*May 4 New Orleans, LA @ Saenger Theatre^June 30-July 1 Maidstone, UK @ Ramblin’ Man FairJuly 19-July22 Scranton, PA @ Peach Music Festival*with Black Stone Cherry**with The Tangiers Blues Band^with The Marcus King Band [Photo: Ojeda Photography]
Mamma Mia! Related Shows View Comments Star Files Age: 22Hometown: Crystal Lake, ILCurrent Role: An ABBA-crooning Broadway debut as Sophie’s charming fiancé Sky in Mamma Mia!Stage Cred: Regional productions of Shrek, Hairspray, Parade and Into the Woods.”I was an arrogant jerk who never gave anyone else the time of day in high school. After graduation, I worked at a theater camp—those kids taught me that living my life with generosity is so much better.””The first Broadway show I saw was Gypsy with Patti LuPone and Laura Benanti. I’d never heard of Laura, but I was in the back row and I remember being frozen during her ‘I said turn it off!’ monologue. It was an amazing moment.””Corey Cott is one of my best friends and we used to live together. He’s a decently clean roommate. My clothes would pile up and I couldn’t see the floor, so I guess I was the messy one.””In Mamma Mia! you get a spray tan right away. I knew it was going to be drastic and I chickened out! I ended up sitting in my room, in my underwear, with tanning lotion everywhere.””My faith is important to me, so I look at something like Donna’s promiscuity in [Mamma Mia!] and say, ‘What story is it supporting?’ And in the end, the story we’re telling is one of family. You can’t have good without a little bit of bad.” Show Closed This production ended its run on Sept. 12, 2015 Laura Benanti
President Trump retweeted a theory over the weekend from comedian Terrence K. Williams regarding the death of Jeffrey Epstein.According to federal officials, Epstein was not on suicide watch at the time of his death. He had been on suicide watch last month, but was later taken off, a person familiar with the matter reports.A Clinton spokesman responded on Twitter to Trump’s retweet: “Ridiculous, and of course not true – and Donald Trump knows it. Has he triggered the 25th Amendment yet?” The 25th Amendment spells out a process for the president’s Cabinet to remove him from office.White House counselor Kellyanne Conway said on “Fox News Sunday” that President Trump “just wants everything to be investigated.”She also criticized people who she says are “trying to connect the president to this monster from years ago where they are seen dancing in the video,” in reference to an NBC News video of Trump and Epstein attending a party at Trump’s Mar-a-Lago estate on Palm Beach in 1992. Conway adds that those individuals “were actively, I suppose, flying around with this monster on his island…Perhaps there’s a public interest in knowing more about that.”Democratic Senator and Presidential Candidate Cory Booker, of New Jersey, says Trump is “using the same tactics and languages of the Russians, if you look at the intelligence reports about how they’re coming at our democracy.” Booker calls Trump’s actions “dangerous” and says the President has “been using the Clintons as a means for a lot of his false accusations.”
In this Oct. 1, 2016 file photo, Pittsburgh Pirates’ Jung Ho Kang rounds the bases after hitting a three-run home run during the first inning of a baseball game against the St. Louis Cardinals in St. Louis. (AP Photo/Jeff Roberson, File) PITTSBURGH (AP) — Jung Ho Kang is staying with the Pittsburgh Pirates.The Pirates and the veteran third baseman agreed to a one-year deal Thursday that will bring Kang back for the 2019 season.The move comes a week after Pittsburgh declined a $5.5 million club option for Kang, paying him a $250,000 buyout instead. Financial terms on Kang’s new deal weren’t immediately available.“We feel that bringing Jung Ho back in 2019 will make us better as he will have the ability to make a positive impact on our lineup,” general manager Neal Huntington said in a statement. “Competition and options are important to any organization and this signing provides us with both.”Kang was a star in his native South Korea when the Pirates signed him to an $11 million, four-year deal in January 2015. He finished third in NL Rookie of the Year balloting after hitting 15 homers and driving in 58 runs in 2015, when Pittsburgh won 98 games. It would be the high point of Kang’s time with the Pirates.The 31-year-old Kang didn’t play in the U.S. between September 2016 and June 2018 because of visa issues connected to three DUI arrests in South Korea. He made it back to the majors with Pittsburgh in September, collecting two hits in six at-bats during the final weekend of the season.___More AP baseball: https://apnews.com/tag/MLBbaseball and https://twitter.com/AP_Sports
ARCADIA, Calif. (April 3, 2016)–With a realistic pace to run at, favored Big John B was able to overcome significant trouble around the final turn and charge to a 2 ¼ length win in Sunday’s marathon Grade III, $100,000 Tokyo City Cup under Rafael Bejarano. Trained by red-hot Phil D’Amato the venerable 7-year-old gelding covered a mile and one half on the main track in 2:28.79.A dedicated deep closer, Big John B was a distant last as the seven-horse Tokyo City field went into the Club House turn and had to wait for room as he continued to hug the rail around the far turn. Approaching the quarter pole, Bejarano was able to split horses three wide and he easily overhauled Class Leader a sixteenth out and waltzed to his 15th victory from 40 career starts.“I knew there would be only be two or three horses with speed and they tried to go slow, but my horse only has one style, he likes to come from behind,” said Bejarano. “I wasn’t panicking. I knew that I had a lot of horse, so I was comfortable.”Owned by Michael House, “Big John” was off at 3-2 and paid $5.00, $3.40 and $2.60. With the winner’s share of $60,000, the Florida-bred son of Hard Spun increased his earnings to $849,770.The Tokyo City marked D’Amato’s third consecutive win, as he also took races six and seven, thus enabling him to go up 35-32 over Doug O’Neill in Santa Anita’s Winter Meet trainer standings with just four days remaining.“…I never entered this meet knowing I was going to make a run at the training title at all, believe me,” said D’Amato. “But I wouldn’t mind (winning) it now. It’s bringing my whole team together.”As to the trip Big John B had behind fractions of 23.94, 48.01, 1:12.71, 1:38.05 and 2:03.33, D’Amato said, “To me, it was just a matter of whether he was going to get out or not around the turn. Once he finally got him in the clear, he showed him a big kick.”Ridden by Victor Espinoza, Class Leader made an eye catching move around the far turn but tired late, finishing 2 ¼ lengths in front of Blingo. Off at 5-1, Class Leader paid $5.40 and $3.60.Ridden by Alex Solis, Blingo, who was off at 10-1, outran second choice Lieutenant Colonel for third money and paid $5.00 to show.Racing resumes at Santa Anita on Thursday, with first post time at 1 p.m. Admission gates open at 11 a.m.
A young man, who is presently before the Courts for three counts of armed robberies, was yet again remanded for a similar offence when he appeared before the Georgetown Magistrates’ Courts on Friday.Remanded: Odinga HaywoodOdinga Haywood, 22, of Charlestown, stood before Senior Magistrate Leron Daly and denied that on May 29, 2019, at Charlestown, Georgetown, while being armed with a gun, he robbed Julius Hope of two cellular phones valued $96,000 and $10,000.Prosecutor Richard Harris did not present facts into the matter but objected to bail being granted on the basis that Haywood is a known character to the Police and is currently before the Courts on similar offences.As such, the unrepresented man was remanded to prison and the case will continue on August 23.Haywood was charged in 2016 for three counts of armed robbery. Only 20 years old then, the charge against him read that on February 21, at Waterloo Street, Georgetown, being armed with a knife, he robbed Trevor Singh of a Samsung Galaxy cellular phone valued $60,440, Ibrahim Takur of a Samsung Galaxy cellular phone valued $70,000 and Mohamed Takur of an iPhone and headset valued $122,000.He had pleaded not guilty to those charges. Meanwhile, earlier this year, Haywood was charged for possession of narcotics; however, after pleading guilty to the charge and begging the Court’s leniency, Haywood was given a second chance and ordered to perform two weeks of community service.
24 May 2010South Africa’s transport plans for the 2010 Fifa World Cup™ are shaping up, the latest development being the appointment of a service provider to procure, operate and manage spectator transport for the mega-event.The Department of Transport has appointed the ESC & The African Experience consortium to manage inter-provincial and regional road transport services for both commuter buses and minibus taxis for spectators during the month-long tournament.Transport Minister Sibusiso Ndebele said he was confident that they would provide a professional service for spectators, as they already operate in the tourism industry.“The taxi industry is to provide a fleet of over 400 mid-buses to ferry spectators around the country, while 110 commuter buses from Autopax will complement these services,” Ndebele said.Fleet usage will be dependent on demand that is generated for the service and ticket sales. Inland and coastal services will also be on offer. The fleet of taxis and buses will be additional to existing transport services in the country.Countrywide servicesThere will be a service between Pretoria, OR Tambo International Airport and Johannesburg, as well as Rustenburg, Polokwane, Mbombela and Bloemfontein.On the coast there will be a service from Knysna to Cape Town via Wilderness, George, Mossel Bay and back. There will also be a service from Mossel Bay to Port Elizabeth via George and Wilderness and back.From East London, spectators will be able to travel to Port Elizabeth via King William’s Town and Grahamstown and back.Further up the coast, services will run between Richards Bay and Durban, the Wild Coast Sun and Durban, and between Pietermaritzburg and Durban.Prices will range from R140 to R300 for a one-way trip. The operational plan and final contract have been finalised for coaches and taxis, said the department.Taxi council supportMeanwhile, the South African National Taxi Council (Santaco) is working closely with the consortium to provide a countrywide Minibus solution for spectators.Operational staff will be clearly identifiable through coded arm bands and other branded clothing. “It is not just about sport, it is now truly about transport,” said Ndebele.Source: BuaNews
Share Facebook Twitter Google + LinkedIn Pinterest Be it out in the country or in the city, a well-cared-for yard is something everybody can take pride in. And with lawn care taking a break this time of year, and equipment taking up residence in shops and garages, the professionals of Koenig Equipment tell us it’s an exceptional time to be thinking about mower maintenance for the year ahead. Dave Oakley, lawn and turf specialist for Koenig’s Urbana location, takes a look at some of the commonly overlooked maintenance items, as well as professional service options.