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How the great fall.
How many of you remember British Steel, British Oxygen Company, British Leyland. In 20 years time we will be telling our grandchildren there was once companies called British Telecom and British Gas.
No don’t remember any of those companies, perhaps you have a few years on me. What I do remember though is you saying something very similar yesterday and the day before, and the day before that, and the day before that, and....
Who funds your campaign avro? Presumably that’s the reason you come on here every day looking for a different way to put BT down. Personally I find it quite amusing to watch how hard you try although your agenda is so transparent obviously nobody takes you seriously.
After Brexit BT will loose many contracts with the EU.Shareholders will suffer but not Boris and his millionaire mates.
So what contracts are they going to lose heavy ?
Please list them as you are obviously so knowledgable
Thank you
Bt still turn over 2 billion per year profit , your examples of British Steel/ Leyland are not comparable . I remember in the 70s it was common for these companies to announce major losses and to take cash off the State to survive another year or two to no avail, until we see major losses over a couple of years theres no chance of BT going under . The fibre and copper would have to be completely superseded by really reliable 5-6-7 G to make BT not needed for the last mile as major fibre between exchanges still vital to Mobile network
IMHO, BT will out live all of us and our great grand children. BT will recover at some point in the future, when? No one knows.
The whiny "stock market specialists" that came to BT to make a quick buck all seem to be rather bitter, they all know for a fact that BT is bankrupt, losing contracts, closing down, useless bla bla bla, but they still went ahead and bought in, why didn't they use their all knowing foresight to start with?.
Google it and you will find out.
No it is much too serious it is not a comedy.Peoples investments and jobs are at stake.
Dodger777 do you are one of them then. For a start BT do lots of telecoms for the “actual “ EU itself, when bidding starts they restrict it to EU members to ensure their rules and regulations are followed. Speaking of which BT outside the EU will no longer be signed up to all the data protection and information sharing regulations, again this will automatically remove them from the bidding process for many european companies. & by the way another important fact if U.K. crashes out of EU they will have to have a border or they will crash out of the WTO too. (That will further damage BT) WTO regulations & rules clearly require then to have a hard and manned customs and trade border......... oops
Sorry missed out Irish border. WTO will force Britain into having an Irish border otherwise their WTO membership will be invalid
It is time to panic.
No I am not related to Frazer. I am related to Jonesy though "DONT PANIC" "DONT PANIC".
BluePete,
Nothing on here can affect the SP.
Interestingly enough although I have to admit no one on here takes me seriously. With the benefit of hindsight when the share price was above £3 and i was screaming sell sell. Do you not think that people would have benefited had they taken me seriously and listened to me.
Sorry I forgot to mention Royal Mail it is another icon that is going from bad to worse.
"missed out Irish border"
___________________
I think the border issue will be a problem for the movement of goods. I dont think it will impact the delivery of services.
Longish - so you don’t think different jurisdiction areas for data protection and information sharing won’t affect services .... really ?
Hi Aus3009,
We already have data compliance regulations today and BT risk & governance procedures are bau..I am not saying there wont be compliance issues, but its just part of the endless day job for BT and costed in..
"Interestingly enough although I have to admit no one on here takes me seriously."
How right you are, eventually a stuck record grinds away at the most patient of people.
Do you work, because you seem to spend a lot of time on here with your repeat negative posting.
Just to cheer you up, i'm buying a load more BT in Sep, with my soon to arrive dividends.
Longish - I think we will have wait and see. I’m pretty sure EU companies will shy away from third countries. Can you imagine key banking for the Euro remaining in London long term. Bad enough a country outside the euro area, outside EU jurisdiction... european bank.... there’s no chance.
Fleccy - although you are much more polite than me, it seems you are coming round when it comes to Avro
"it seems you are coming round when it comes to Avro"
It's obvious he only comes on here to stir the pot, I suspect he originates from East Germany, or possibly further into the Eastern Bloc countries.
Aus3009,
I think telco services will be ok. The problem of where a service is provided in 'cyberspace' generally is tied to a physical location/ platform/ device and is not a problem unique to Brexit but all interoperators/ service providers etc and lots of effort is currently spent collecting/ arguing for 'local' taxes.
Similar problems arising with China/US where the trade data is materially different/ out of balance ie what is recorded as sent vs what is recorded as received because of all the intermediary countries adding value toward the end product...
The WTO et al have laid out the measurement and reporting rules if a country wishes to subscribe to them...
YES you guessed right I am from East Germany a former member of the Stazi and thats why I own Deutsche Telecom shares who incidentally have been going up nicely in the recent weeks. I am also a member of the CIA and Mosad.
Mosad maybe, is it Abraham, or Avroham lol