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Discover UK Penny Stocks: Pebble Group And 2 More To Watch

Discover UK Penny Stocks: Pebble Group And 2 More To Watch

Yahoo3 days ago

The UK market has recently faced challenges, with the FTSE 100 index closing lower due to weak trade data from China, highlighting concerns about global economic recovery. In such a climate, investors might find potential in lesser-known opportunities that offer unique growth prospects. Penny stocks, often smaller or newer companies, remain relevant as they can provide a mix of affordability and potential for growth when backed by strong financials.
Name
Share Price
Market Cap
Financial Health Rating
Croma Security Solutions Group (AIM:CSSG)
£0.86
£11.84M
★★★★★★
Ultimate Products (LSE:ULTP)
£0.772
£65.02M
★★★★★☆
LSL Property Services (LSE:LSL)
£2.77
£285.64M
★★★★★☆
Helios Underwriting (AIM:HUW)
£2.37
£171.69M
★★★★★☆
Foresight Group Holdings (LSE:FSG)
£3.795
£427.27M
★★★★★★
Polar Capital Holdings (AIM:POLR)
£4.25
£409.75M
★★★★★★
Stelrad Group (LSE:SRAD)
£1.45
£184.66M
★★★★★☆
Cairn Homes (LSE:CRN)
£1.88
£1.17B
★★★★★☆
Begbies Traynor Group (AIM:BEG)
£0.968
£154.43M
★★★★★★
Van Elle Holdings (AIM:VANL)
£0.40
£43.28M
★★★★★★
Click here to see the full list of 400 stocks from our UK Penny Stocks screener.
Let's review some notable picks from our screened stocks.
Simply Wall St Financial Health Rating: ★★★★★★
Overview: The Pebble Group plc operates in the promotional merchandise industry by providing technology solutions, products, and services across the UK, Continental Europe, North America, and internationally with a market cap of £61.54 million.
Operations: The company's revenue is derived from two main segments: Facilis Group, generating £17.60 million, and Brand Addition, contributing £107.67 million.
Market Cap: £61.54M
Pebble Group plc, with a market cap of £61.54 million, operates in the promotional merchandise industry and reported sales of £125.27 million for 2024. The company has shown steady profit growth over five years, averaging 40.1% annually, although recent earnings growth was below its historical average at 9.9%. Pebble Group remains debt-free and has robust short-term asset coverage over liabilities (£59.3M vs £30.2M). Despite trading significantly below estimated fair value, analysts forecast a decline in earnings by an average of 1.7% per year over the next three years while maintaining stable weekly volatility (5%).
Click to explore a detailed breakdown of our findings in Pebble Group's financial health report.
Review our growth performance report to gain insights into Pebble Group's future.
Simply Wall St Financial Health Rating: ★★★★★☆
Overview: Hunting PLC, with a market cap of £410.15 million, operates globally by manufacturing components, technology systems, and precision parts.
Operations: The company's revenue is derived from several segments: Asia Pacific ($240.6 million), Hunting Titan ($230.3 million), Subsea Technologies ($147.1 million), North America excluding Subsea Technologies ($388.4 million), and Europe, Middle East and Africa (EMEA) with $87.7 million in revenue.
Market Cap: £410.15M
Hunting PLC, with a market cap of £410.15 million, operates globally in manufacturing components and technology systems. Despite being unprofitable, it has reduced losses by 55.9% annually over five years and maintains a strong cash position exceeding its debt. The company is trading at a significant discount to its estimated fair value and has sufficient cash runway for over three years. Recent developments include acquiring Organic Oil Recovery technology for $17.5 million and securing substantial contracts in the North Sea and Gulf of Mexico, reflecting strategic growth initiatives despite recent insider selling activity.
Click here to discover the nuances of Hunting with our detailed analytical financial health report.
Evaluate Hunting's prospects by accessing our earnings growth report.
Simply Wall St Financial Health Rating: ★★★★★☆
Overview: S4 Capital plc, with a market cap of £170.91 million, offers digital advertising and marketing services across the Americas, Europe, the Middle East, Africa, and the Asia Pacific through its subsidiaries.
Operations: The company's revenue is derived from three primary segments: Content (£566.7 million), Technology Services (£86.5 million), and Data & Digital Media (£195 million).
Market Cap: £170.91M
S4 Capital plc, with a market cap of £170.91 million, is navigating challenges as it remains unprofitable and has seen losses increase by 40.9% annually over the past five years. Despite this, the company shows potential with its strategic focus on AI-driven innovation through its Monks brand and recent leadership changes aimed at enhancing governance and operational efficiency. The company maintains a satisfactory net debt to equity ratio of 24.1% and covers both short-term and long-term liabilities with assets totaling £628.8 million, offering some financial stability amid high share price volatility in recent months.
Click here and access our complete financial health analysis report to understand the dynamics of S4 Capital.
Gain insights into S4 Capital's future direction by reviewing our growth report.
Unlock more gems! Our UK Penny Stocks screener has unearthed 397 more companies for you to explore.Click here to unveil our expertly curated list of 400 UK Penny Stocks.
Ready To Venture Into Other Investment Styles? AI is about to change healthcare. These 23 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10b in market cap - there's still time to get in early.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include AIM:PEBB LSE:HTG and LSE:SFOR.
This article was originally published by Simply Wall St.
Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@simplywallst.com

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Indivior Announces Intention to Cancel Secondary Listing on London Stock Exchange; Primary Listing on Nasdaq to be Maintained
Indivior Announces Intention to Cancel Secondary Listing on London Stock Exchange; Primary Listing on Nasdaq to be Maintained

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Indivior Announces Intention to Cancel Secondary Listing on London Stock Exchange; Primary Listing on Nasdaq to be Maintained

SLOUGH, England and RICHMOND, Va., June 2, 2025 /PRNewswire/ -- Indivior PLC (Nasdaq/LSE: INDV) today announced its intention to cancel: (i) the secondary listing of the Company's Ordinary Shares ("Ordinary Shares") on the Equity Shares (Transition) category of the Official List (the "Official List") of the U.K. Financial Conduct Authority ("FCA"); and (ii) the admission to trading of its Ordinary Shares on the London Stock Exchange's ("LSE") main market for listed securities (together, the "London Delisting"). Background to and Reasons for the London Delisting In the circular published by Indivior on May 3, 2024, the Board noted its intention to maintain the Company's secondary listing in London, "for as long as it is considered to be in the best interests of Indivior and its shareholders as a whole." Following the completion of Indivior's transition to a U.S. primary listing, the Board has kept its listing structure under regular review. As part of such review, the Company has considered, among other things, the liquidity and trading volumes of Ordinary Shares on each of the Nasdaq Stock Market ("Nasdaq") and the LSE, the location of its shareholders, as well as the cost and administrative requirements related to its secondary listing in London. In further consideration of Indivior's listing structure, the Board now believes that the London Delisting will be beneficial for the following reasons: Fully aligns with Indivior's most attractive and valuable opportunity set – U.S. SUBLOCADE; Better reflects the Company's geographic net revenue profile; over 80% of net revenue is generated from the U.S.; Eliminates the cost and complexity of maintaining a secondary listing; Recognizes that liquidity on Nasdaq now far outweighs liquidity on the LSE; as of May 27th, trading on the Nasdaq now accounts for approximately 75% of total trading volume across both exchanges over the last 30 days; Takes account of the location of most holders of Ordinary Shares by value; over 70% are now held by shareholders located in the U.S.; and Permits timing of material news announcements that aligns with the Company's U.S. peer set. Accordingly, the Company hereby gives notice that it has requested that: (i) the FCA cancel the listing of the Ordinary Shares on the Equity Shares (Transition) category of the Official List of the FCA; and (ii) the LSE cancel the admission to trading of the Ordinary Shares on the main market for listed securities of the LSE. David Wheadon, Chair, said: "We are pleased to announce this key milestone for Indivior following our evaluation period. A single primary listing on Nasdaq best reflects the profile of Indivior's business. We appreciate the support received from shareholders for this initiative and look forward to capitalizing on the expected benefits of this move, including reductions in cost and complexity." Process for and principal effects of the London Delisting In accordance with U.K. Listing Rule 21.2.17R, the Company is required to give at least 20 business days' notice of the London Delisting. To further accommodate shareholders of Indivior PLC, the Company is providing approximately 40 business days' notice of the London Delisting. As such, it is intended that the London Delisting will become effective from 8:00 a.m. (U.K. time) on July 25, 2025, such that the last day of trading of the Ordinary Shares on the LSE will be July 24, 2025. Following the London Delisting: (i) it will no longer be possible to trade Ordinary Shares on the LSE; and (ii) the Company will maintain its listing of its Ordinary Shares on Nasdaq. The London Delisting is expected to have no impact for shareholders who are direct holders of Ordinary Shares or who hold their interests in Ordinary Shares through their nominated DTC broker or custodian. Holders of U.K. issued Indivior Depositary Interests ("U.K. DIs") and participants in Indivior's Corporate Sponsored Nominee facility ("CSN") are strongly encouraged to read Appendix 1 to this announcement, which contains further details of the arrangements that will apply to them following the London Delisting and the actions that they may wish to take in advance of the London Delisting (including the steps and actions required to convert their interests into holdings of Ordinary Shares, directly or through a DTC broker or custodian, from which they can be traded directly on Nasdaq). As the Company is assigned to the Equity Shares (Transition) category of the Official List, no shareholder approval is required for the London Delisting. The Company has prepared an FAQ document for shareholders, which is available at Shareholder FAQ. Takeover Code The Takeover Code (the "Code") applies to any company which has its registered office in the U.K., the Channel Islands or the Isle of Man if any of its equity share capital or other transferable securities carrying voting rights are admitted to trading on a U.K. regulated market, a U.K. Multilateral Trading Facility ("MTF"), or a stock exchange in the Channel Islands or the Isle of Man. The Code therefore currently applies to the Company as its Ordinary Shares are admitted to trading on the LSE, which is a U.K. regulated market. The Code also applies to any company which has its registered office in the U.K., the Channel Islands or the Isle of Man if any of its securities were admitted to trading on a U.K. regulated market, a U.K. MTF, or a stock exchange in the Channel Islands or the Isle of Man at any time during the preceding two years. Accordingly, if the London Delisting becomes effective, the Code will continue to apply to the Company for a period of two years after the London Delisting, following which the Code will cease to apply to the Company. While the Code continues to apply to the Company, a mandatory cash offer will be required to be made if either: (a) any person acquires an interest in Ordinary Shares which (taken together with the Ordinary Shares in which the person or any person acting in concert with that person is interested) carry 30% or more of the voting rights of the Company; or (b) any person, together with persons acting in concert with that person, is interested in Ordinary Shares which in the aggregate carry not less than 30% of the voting rights of a Company but does not hold Ordinary Shares carrying more than 50% of such voting rights and such person, or any person acting in concert with that person, acquires an interest in any other Ordinary Shares which increases the percentage of Ordinary Shares carrying voting rights in which that person is interested. Brief details of the Takeover Panel (the "Panel"), and of the protections afforded by the Code, are set out in Appendix 2 to this announcement. Important Cautionary Note Regarding Forward-looking Statements Certain statements contained herein are forward-looking statements." Forward-looking statements include, among other things, express and implied statements pertaining to (i) our intentions with respect to the London Delisting and our expectation that it will become effective; (ii) expected future sources of shareholder value, (iii) expected benefits of the London Delisting, (iv) estimates of costs and complexity of maintaining a secondary listing, and (v) statements containing the words "believe", "anticipate", "plan", "expect", "intend", "estimate", "forecast," "strategy", "target", "guidance", "outlook", "potential", "project", "priority," "may", "will", "should", "would", "could", "can", "outlook," the negatives thereof, and variations thereon and similar expressions. By their nature, forward-looking statements involve risks and uncertainties as they relate to events or circumstances that may or may not occur in the future. Actual results may differ materially from those expressed or implied in such statements because they relate to future events. For information about some of the risks and important factors that could affect our future results and financial condition, see the discussion of "Risk Factors" in our Annual Report on Form 10-K filed March 3, 2025, Part II Item 1A herein, our Form 10-Q filed May 1, 2025, and our other filings with the U.S. Securities and Exchange Commission. We have based the forward-looking statements in this release on our current expectations and beliefs concerning future events. Forward-looking statements contained in this release speak only as of the day they are made and, except as required by law, we undertake no obligation to update or revise any forward-looking statement. About Indivior Indivior is a global pharmaceutical company working to help change patients' lives by developing medicines to treat opioid use disorder (OUD). Our vision is that all patients around the world will have access to evidence-based treatment for OUD and we are dedicated to transforming OUD from a global human crisis to a recognized and treated chronic disease. Building on its global portfolio of OUD treatments, Indivior has a pipeline of product candidates designed to expand on its heritage in this category. Headquartered in the United States in Richmond, VA, Indivior employs over 1,000 individuals globally and its portfolio of products is available in over 30 countries worldwide. Visit to learn more. Connect with Indivior on LinkedIn by visiting This announcement is being made by Alice Givens, Company Secretary. Appendix 1: Additional Details for Holders of U.K. DIs and CSN participants Holders of U.K. DIs and CSN participants are advised to read this Appendix carefully to ensure that they understand the arrangements that will apply to them following the London Delisting and the actions that they may wish to take in advance of the London Delisting. If in doubt as to the action they should take, they are recommended to seek advice from their qualified financial advisor. U.K. DI Holders The Company's existing U.K. DI arrangements will not be impacted by the London Delisting. Accordingly, following the London Delisting, shareholders may continue to hold their interests in Ordinary Shares in the form of U.K. DIs, that is through CREST. However, following the London Delisting it will only be possible to place on market trades in respect of Ordinary Shares on Nasdaq. Consequently, in order to trade their Ordinary Shares following the London Delisting, U.K. DI holders will have to reposition their interests in Ordinary Shares into a DTC broker or custodian account by: (i) cancelling their U.K. DIs through the delivery of a cross-border instruction in respect of the underlying Ordinary Shares through CREST to Computershare Investor Services PLC ("Computershare U.K.", as the issuer of the U.K. DIs) in the form of a CREST stock withdrawal message (CREST system message type: STW); and (ii) instructing Computershare U.K. to deliver their interests in Ordinary Shares into the account of their chosen bank, broker, custodian firm, financial institution and/or other person that is a participant in DTC (a "DTC Participant"). The cancellation of U.K. DIs is subject to a charge, depending on the value of the underlying Ordinary Shares. The minimum cancellation charge is currently $125. For general enquiries, details of the current cancelation charges or for assistance in cancelling U.K. DIs and lodging cross- border instructions, holders, or brokers, of U.K. DIs should contact Computershare U.K. by phone on +44 (0) 370-707-1820 (from inside or outside the U.K.). Lines are open 8:30 a.m. to 5:30 p.m. (U.K. time), Monday to Friday (excluding public holidays in England and Wales). If you hold your U.K. DIs through a broker, custodian or nominee (for example you are an investor through a retail nominee arrangement and are not a CREST participant directly), please contact your broker, custodian or nominee for assistance. U.K. DI holders will be given advance notice if, in the future, the Company decides to discontinue and/or make any amendments to the existing U.K. DI arrangements. CSN Participants The Company's existing CSN arrangements will not be impacted by the London Delisting. Accordingly, following the London Delisting, CSN participants may continue to hold interests in Ordinary Shares through U.K. DIs via the CSN. However, following the London Delisting it will only be possible to place on market trades in respect of Ordinary Shares on Nasdaq. Consequently, when trading through a continuation of the existing service, CSN participants may be exposed to fluctuations in the exchange rate between U.S. dollars (being the currency in which Nasdaq trades are settled) and pounds sterling (being the default currency in which CSN participants will receive sale proceeds). Accordingly, CSN participants may consider taking one of the following actions in advance of the London Delisting. (1) If resident in the United Kingdom, Channel Islands, or Isle of Man, sell their interests in Ordinary Shares through the existing Internet Sale Dealing Service provided by Computershare U.K., with instructions to be submitted by no later than 4:30 p.m. (U.K. time) on July 21, 2025. If resident in a jurisdiction other than the United Kingdom, Channel Islands, or Isle of Man, sell via Computershare U.K.'s Postal Dealing Service, with instructions to be received by Computershare U.K. no later than 5:30 p.m. (U.K. time) on July 18, 2025. (2) Withdraw from the CSN facility and request Computershare U.K. to deliver their U.K. DIs to their nominated broker, custodian or nominee account in CREST, who may either: (i) reposition their interests in Ordinary Shares to a broker or custodian account in DTC; (ii) place a trade on the LSE prior to the London Delisting (as an alternative service to the trading services available through the CSN facility); or (iii) continue to hold their U.K. DIs pending future instructions (in which case they will be treated as other U.K. DI Holders – see section above). (3) Withdraw from the CSN facility and request Computershare U.K. to cancel the underlying U.K. DIs so as to receive their Ordinary Shares directly in certificated form on a share register administered in the U.S. Note: this could expose shareholders to a future U.K. Stamp Duty liability of 1.5% of the value of their Ordinary Shares when the shareholder subsequently decides to trade on Nasdaq. CSN participants will be given advance notice if, in the future, the Company decides to discontinue and/or make any amendments to the existing CSN arrangements. Appendix 2: Additional Details regarding the Code and the Panel The Code is issued and administered by the Panel. The Code currently applies to the Company and, accordingly, shareholders are entitled to the protections afforded by the Code. The Code and the Panel operate principally to ensure that shareholders in an offeree company are treated fairly and are not denied an opportunity to decide on the merits of a takeover and that shareholders in the offeree company of the same class are afforded equivalent treatment by an offeror. The Code also provides an orderly framework within which takeovers are conducted. In addition, it is designed to promote, in conjunction with other regulatory regimes, the integrity of the financial markets. The Code is based upon a number of General Principles, which are essentially statements of standards of commercial behavior. The General Principles apply to takeovers and other matters to which the Code applies. They are applied by the Panel in accordance with their spirit in order to achieve their underlying purpose. In addition to the General Principles, the Code contains a series of rules. Like the General Principles, the rules are to be interpreted to achieve their underlying purpose. Therefore, their spirit must be observed as well as their letter. The Panel may derogate or grant a waiver to a person from the application of a rule in certain circumstances. The following is a summary of key provisions of the Code which apply to transactions to which the Code applies. Equality of treatment General Principle 1 of the Code states that all holders of the securities of an offeree company of the same class must be afforded equivalent treatment. Furthermore, Rule 16.1 requires that, except with the consent of the Panel, special arrangements may not be made with certain shareholders in the offeree company if there are favorable conditions attached which are not being extended to all shareholders. Information to shareholders General Principle 2 requires that the holders of the securities of an offeree company must have sufficient time and information to enable them to reach a properly informed decision on the takeover bid. Consequently, a document setting out full details of an offer must be sent to the offeree company's shareholders. The opinion of the offeree board and independent advice The board of the offeree company is required by Rule 3.1 to obtain competent independent advice as to whether the financial terms of any offer are fair and reasonable and the substance of such advice must be made known to its shareholders. Rule 25.2 requires the board of the offeree company to send to shareholders and persons with information rights its opinion on the offer and its reasons for forming that opinion. That opinion must include the board's views on: (i) the effects of implementation of the offer on all the company's interests, including, specifically, employment; and (ii) the offeror's strategic plans for the offeree company and their likely repercussions on employment and the locations of the offeree company's places of business. The document sent to shareholders must also deal with other matters such as interests and recent dealings in the securities of the offeror and the offeree company by relevant parties and whether the directors of the offeree company intend to accept or reject the offer in respect of their own beneficial shareholdings. Rule 20.1 states that, except in certain circumstances, information and opinions relating to an offer or a party to an offer must be made equally available to all offeree company shareholders and persons with information rights as nearly as possible at the same time and in the same manner. Optionholders and holders of convertible securities or subscription rights Rule 15 provides that when an offer is made and the offeree company has convertible securities, options or subscription rights outstanding, the offeror must make an appropriate offer or proposal to the holders of those securities to ensure their interests are safeguarded. THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014 (AS IT FORMS PART OF DOMESTIC LAW IN THE U.K. BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018) View original content to download multimedia: SOURCE Indivior PLC Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Millennial investors bought cheap stocks in Trump tariffs market turmoil
Millennial investors bought cheap stocks in Trump tariffs market turmoil

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time5 hours ago

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Millennial investors bought cheap stocks in Trump tariffs market turmoil

More than a third of millennial investors bought stocks and shares in the market turmoil that followed US President Donald Trump's 'liberation day' tariffs, a survey reveals. The age group took advantage of the volatility that swept across the world's financial markets to buy cheap stocks, according to the research from Charles Stanley Direct. Some 38% of millennial DIY investors said they bought stocks and shares in the aftermath of Mr Trump announcing a sweeping set of new tariffs on exports to the nation. This compares with 16% of the baby boomer generation – those aged between 60 and 78. DIY investors refers to those who actively pick their own investments, also including assets such as cryptocurrency and gold. Across all age groups, 31% bought stocks in the market dip, the survey of 1,000 investors showed. Stock markets around the world suffered sharp drops in the days following the so-called 'liberation day' announcements on April 2. The UK's FTSE 100 saw its worst single day of trading since the start of the Covid pandemic, while European, US and Asian indexes also took a battering. The US's S&P 500, which tracks the country's biggest listed firms, lost about five trillion dollars (£3.7 trillion) in value over a two-day record run of losses. However, most indexes, including the FTSE and the S&P, have since recovered the losses as the US has struck new trade deals with countries including the UK and China. Mr Trump is also facing roadblocks to his trade policies from the US courts. On Thursday, a federal appeals court said it was allowing Mr Trump to continue collecting import taxes for now, a day after a lower court blocked the duties. Rob Morgan, chief investment analyst at Charles Stanley Direct, said: 'The fallout following the imposition of universal tariffs in early April was widespread, and especially alarming for investors as markets plummeted and carefully curated portfolios were blown off course. 'However, a large cohort of DIY investors were not simply looking to sell up or ride out the wave, but saw the market turmoil as an opportunity to seek discounts and reposition their investments.' Meanwhile, other, more risk-averse investors flocked to so-called 'safe haven' assets during the stock market turbulence. About a fifth bought alternative assets, such as gold, the survey showed. The precious metal hit its highest price in April, hitting about 3,500 US dollars (£2,600) per ounce, but has eased back slightly since. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

1 year ago, I said I wouldn't touch Vodafone shares with a bargepole! Was that wise?
1 year ago, I said I wouldn't touch Vodafone shares with a bargepole! Was that wise?

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time13 hours ago

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1 year ago, I said I wouldn't touch Vodafone shares with a bargepole! Was that wise?

Vodafone (LSE: VOD) shares were climbing fast this time last year, jumping 15% in a matter of weeks. It was the first sign of life from the FTSE 100 telecoms group in years, and I was tempted to take a closer look. So I did. And after weighing up the numbers, the debt, the dividend outlook and the long-term share price trend, I came to a clear conclusion. I wasn't buying. For me, the risks still outweighed the potential. I've been a Vodafone sceptic for a long time and didn't see enough in the recovery story to change my mind. I wasn't drawn in by the then-tempting 10.4% yield, knowing that it wouldn't survive. Nor was I convinced the long-promised turnaround was finally under way. I said I wouldn't touch Vodafone shares with a bargepole. So, did I make the right call? A quick glance at the Vodafone share price calms the nerves. Over the past 12 months, the stock is up just 2.8%. Not bad by its own standards, especially given the recent volatility. But it still lags the FTSE 100, which is up 6.2% over the same period. FTSE 100 rival BT Group delivered a 40% share price surge in the last year, showing what a proper telecoms turnaround can look like. Vodafone simply hasn't matched that. It does have its strengths. The trailing yield is still decent at 4.9%, comfortably above the index average of around 3.6%. It isn't that expensive either, with a price-to-earnings ratio of 11.6. The group's 2024 results, published on 20 May, painted a mixed picture. Total revenue rose 2% to €37.4bn, with organic service revenue up 5.1%. There was strong growth in Africa and Turkey, but a 5% decline in Germany due to tougher regulation and fierce competition. Vodafone suffered a €400m operating loss, although it wasn't helped by a €4.5bn impairment charge. The board did announce a €2bn share buyback though. That should support the share price in the short term. CEO Margherita Della Valle insisted Vodafone has 'changed', but I still need to see more proof Telecoms remains a difficult sector. It demands heavy investment and offers little room for error. Vodafone's net debt remains stubbornly high at €33.9bn. The turnaround story is real, but it's not yet complete. Analyst sentiment reflects the uncertainty. Of the 15 offering stock ratings, four say Buy, four say Sell and the rest are sitting on the fence. That's the biggest Sell ratio I've seen for a while. Analysts forecast a median one-year share price target of just over 85p, a modest 10% gain from today's price. Combined with the yield, that might offer a 15% return. That would be a good year by Vodafone's standards. We'll see. In one respect, the shares we don't buy are just as important as the ones that were. So it's worth looking back, from time to time. Hopefully, not with anger. For now, I still see better places to invest. Others might consider buying Vodafone, but I'm keeping my bargepole handy. The post 1 year ago, I said I wouldn't touch Vodafone shares with a bargepole! Was that wise? appeared first on The Motley Fool UK. More reading 5 Stocks For Trying To Build Wealth After 50 One Top Growth Stock from the Motley Fool Harvey Jones has no position in any of the shares mentioned. The Motley Fool UK has recommended Vodafone Group Public. 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. Motley Fool UK 2025 Sign in to access your portfolio

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