RE: SK predictions5 May 2024 18:22
Further information: by IDoMyBest on bt board regarding Savage:
Savage.....bought this year?
Come on, you can admit you bought well before, and well before current levels. The posting history doesn't lie.
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15 Dec 2023 - 125p
Get your buys in while you still can for sub £1.30p as SP will not be staying down at these low prices for that much longer!
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8 Nov 2023 - 121p
Since it's fallen down to the current levels I've restarted my process of buying again but... this time I plan on buying many more tranches and holding them for far longer.
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19 October 2023 - 116p
I think you're absolutely correct on long term hold however, this is about to move sharply upwards imo for several reasons... Incoming revenues are inevitably swelling and making it easy to service debts. BT is seen as a safe equity, a healthy and stable divi return, plus it's deeply embedded culturally as well as its infrastructure. These past years big investors have chased bigger returns in start ups/crypto etc... I think a trend of buying up safe and stable assets is about to begin, as large funds seek to re-evaluate exposure and shield themselves from risks.