Vodafone Risk level

[TUK020]

Vodafone are now making an appearance in the short tracker, coming in at number 55.

There are 4 groups shorting 3.3% of their stock.
Companies of this size rarely make this listing, and also a company with a forecast yield of 9.1% is expensive to to hold a short position for any length of time.

Is this some market players reckoning that the divi is about the be 're-based' or does it predict bigger trouble that this?

Any insight would be much appreciated

[Alaric]

Any insight would be much appreciated

There's a thread about Vodafone at viewtopic.php?f=94&t=16360&hilit=vodafone

This may or may not have valid insights.

[TUK020]

OK, so the main thing here looks like how the market will take the convertible debt to buy Liberty European cable operations.

Can they keep juggling everything, and keep sufficient cash flow to maintain the divi?

Looks like some folks are putting hard money on the answer being 'no'.

Shorting level hasn't reached my arbitrary 5% limit yet, so sit on my hands for the moment.