Vodafone Group Plc (ADR) (NASDAQ:VOD) seems set to run $29 range before Christmas

  on Dec 07,2012 Posted in Business News ,Finance
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Vodafone Group Plc (ADR) (NASDAQ:VOD) is going to run the $29 range ahead of the 25th December, Economist and Hedge Fund Manager Shayne Hefferna claims.

Britain anticipates increasing about 3.5 billion pounds ($5.6 bln) from a fourth-generation mobile spectrum bid planned for early 2013. The figure was disclosed by finance minister George Osborne’s in its half-yearly budget statement.

The Britain’s independent budget watchdog, the Office for Budget Responsibility, in its economic and fiscal outlook said that the government will increase additional 3.5billion ponds from the fourth generation Spectrum public sale.

This plan has been set by the Britian media regulator in November. Potential bidders are required to send their applications with an initial deposit from December 11, with bidding beginning in January and licenses will be given in February and March.

The reserve prices for the spectrum would be amounted 1.3 billion pounds, according to Regulator Ofcom. Vodafone Group (VOD) and Telefonica O2 are devoted for the auction to commence after market leader EE, run by France Telecom and Deutsche Telekom, launched its new 4G service to great fanfare in October.

Vodafone Group Plc (ADR) (NASDAQ:VOD) total value after the recent close was $127.53 billion and the enterprise value according to yahoo data was $172.38 billion. The previous 12 month price to sales ratio was 1.78. The company showed -3.42% as a profit margin in the last twelve months and an operating margin at 5.51%. Return on equity was -2.22% for the last twelve months. Return on assets was -1.10%.

Taking a look at some competitors, total value of Verizon Communications Inc. (NYSE:VZ) in the stock market was $126.86 billion and the takeover value of the company was $169.33 billion. The last twelve month price to sales ratio for the company was 1.11. It had a 10.74% as profit margin in the last twelve months and an operating margin at 13.32%. Return on assets was 5.35%.

The total value of Altria Group, Inc. (NYSE:MO) after the latest trading session was $67.16 billion and their enterprise value was $78.85 billion. The prior 52 week price to sales ratio was 3.86. The company recorded a profit margin of 15.98% for the prior 12 months and had an operating margin of 24.36%. Return on equity for this stock was 94.15% while return on assets appeared at 10.84%.

Pfizer Inc. (NYSE:PFE) market capitalization after the most recent trading session was $188.56 billion and the enterprise value was $204.55 billion. Price to sales ratio for the prior 52 weeks was 3.03.



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