BT is the world's oldest communications company and one of the world's leading communications services companies. It has an extensive global presence and serves customer needs in more than 170 countries.
I have been working for BT for 41 years from a boy doing all types of jointing from normal copper cables to poly quad 4'to junction cables to coax .And was one of the first 50 fibre jointers in the uk from multi mode fibre to single mode fibre and have been jointing fibre for BT for over 32 years+ .so why are people talking as though fibre is need?
bt v v bright future
there a few members who clearly would like to see the sp fall and for what i can feel bt to fail , maybe there ex employers with an axe to grind or traders who short stocks i dont know , what i do know is theres no reason at all why bt couldnt reach £15 again no reason what so ever , i was told this and it made the current picture a hell of a lot clearer , bt hasnt issued any new shares correct , but the boe fed and ecb are printing trillions of pounds and injecting it into the economy correct , what this means is that a share in bt is being increased by the share fact that theres more money in the system and the same number of bt shares in circulation , this point is the reason the world markets rise and dip together , now that aside the way the world of communications is going is only going to boost bt even further bt own the system basically and when a new system comes along erm like fibre no one has the muscle or financial power to roll it out except bt as we can witness therefor we also own the new systems , so whether we end up with beam me up scotty tech in the next 20 - 30 years bt is and always will be the only tel company in britain that can take on such a task and that will be trusted be the government to do so . bt is a pitbull being held on a chain by ofcom and the government the other so called companies are puppys being protected for the sake of the image of competition this in its self is ridiculous because theres nothing competitive about fighting with your hands behind your back but alas we still win and will continue to win . it kind of funny how the hold us back from hammering competition in one sense but in another they cant wait for us to steam out cable after cable with total disregard for any other company getting a sniff . also dont be shocked to wake up one morning and bt have tabled a bid for itv you heard it here first . but will eventually start a campaign of buy backs when there are no more mna opportunity with profits. bt have continued to post profits post 2008 and theres that much more growth potential one interested fact is that almost all tv and media will be down our fibre in the not to distant future, bt could once again be the only real dog in the fight sooner than people think .
RE: Old value
Definitely no to £15 ever I would say. Bt is probably a much better ,more streamlined company now but competition is fierce and still growing. The exchanges are crammed with competitors kit. Although bt gets a cut for their copper ,no cut is as good as 100% as it used to be. Going forward the technology is there to compete very well but I don't think the shareprice will soar in the near future. If it could force through the £4 again and stay there that would be a bonus.
share price shoot
I think the only time we'll see the share price shoot through the roof is when and if we see the large investments / risks paying off and that could be 1-3 years time. Lower estimate is if the markets see signs and act, the later if more cautious. I think they will pay off, the senior management strategy is much more aggressive than its been previously and we will be on a new wave of technology when we find out what the next big things will be in the world of internet / network with the speeds that will be achieved soon. 4k tv will require very high speeds - even current retail fibre speeds aren't enough to cope. The future looks great, if the current risks pay off.
Pauline 12 the staff and shareholders were shafted by BT at the time when they sold off Yellow Pages .I said to my colleges at the time why didn't we get any payout from the sale as it was all part of BT and part of the BT share price at the time .And when they sold off O2 to telephonica we got the same amount of shares as we had in BT ,in Telephonica equal to £2 a share and we had to sell them within two years or loss them ,and no one wanted to sell them .O2 was worth a lot more in BT than we got from Telephonica .Bt was worth £15 at its highest but at the time we owned a lot of building around the city and all over the UK . The likes of Faraday House which still has cable chambers and some floors owned by BT but other floors have been sold off and another part of the old Faraday was sold off to developers. And the same goes for Camelford House,Keybridge House,Wood Street,Bunnhill,Cody Road ,Hale End road and you could name hundreds if not thousands more ,and all in all all belonged to the portfolio of BT and part of the share price of the company as a hole. So I don't see us getting anyway near to £15 ever in the next couple of deck aides .A realistic price in coming years could be around £6.50 if we do better time will tell.
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