VOD's margins are getting squeezed but the African footprint is still the real asset here, most local telcos don't have that. Question is whether they can actually monetise it or just keep treading water at 160.00.
Vodacom Group (JSE: VOD) share price, discussion & sentiment
What the community is saying
Investors are bullish and excited about Vodacom's price action at R158.50, with several comments suggesting strong momentum and speculation about anonymous accumulation driving the movement. The tone is enthusiastically optimistic with participants encouraging further gains, though one commenter notes algorithmic activity may be influencing the trading.
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VOD at 160.00 is starting to look interesting again given what's happening with their African footprint. MTN's had a rough time with currency headwinds in Nigeria, but Vodacom's more balanced exposure and the push into fintech through their digital units gives them a different angle. The dividend yield is solid, and if they can keep cost discipline through load-shedding disruptions, there's real upside here that the market isn't fully pricing in yet.
VOD closed at 160.00 and the dividend yield is still solid even after the recent run, which is why I'm holding through the noise. The African expansion is actually working, revenue growth outside SA is real, and even with load-shedding killing consumer spend here they're still managing the core. Network capex is heavy but that's the point, infrastructure now pays later. Not glamorous but beats sitting in cash waiting for the next stage 6.
VOD at 156 is trading at a reasonable yield but the revenue growth has been underwhelming, so I'm holding what I've got rather than adding fresh capital.
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