The Result of Vodafone Operations for 2008 and 2009 Financial Periods Free Essay Example, 3000 words

The ROI provided a negative return that should alarm the company. Several factors have contributed to the decrease of share prices of Vodafone. Vodafone Share price as reported on the London Stock Exchange (high) shows 1.49 for 2005, 1.55 for 2006, 1.54 for 2007, 1.98 for 2008 and a decreased share price of 1.70 in 2009. (Vodafone Annual Report) Stock price as of December 5, 2009, quoted from ADVFN is $140. The volatility of the market price depends on many factors, such as recession and company performance. The combined factors of unemployment, tight credit, competition and company performance are among the determinants of the increase or decrease of share prices of Vodafone. The share price of Vodafone reached a high level during the first part of 2008, and dipped down during the last quarter of 2008 to 2009 the beginning of recession period. See Chart 1 Business week carried a report saying that as stocks are turning out to be great again in 2009, growth of telecom was slow. The S Ps index is up by 21%, while telecom sector was down by 1.6% this year. We will write a custom essay sample on The Result of Vodafone Operations for 2008 and 2009 Financial Periods or any topic specifically for you Only $17.96 $11.86/page