Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
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"Openreach now taking 15k orders for FTTP per week which at this level is around 720k per year . It may get like a snowball and increase of course but no garantees. It will take a while me thinks to complete 20M plus end users but by end 2025 maybe over 10 Million will have it as many will be happy with FTTC..maybe around this time they can think about massive staff reductions"
Most of the FTTP build is being done by contractors - BT has just paid them £12Bn to get cracking all over the UK.
The FTTP build is ahead of scheldule and it's getting faster as time goes on.
The shares will be £5 by 2025
Openreach now taking 15k orders for FTTP per week which at this level is around 720k per year . It may get like a snowball and increase of course but no garantees. It will take a while me thinks to complete 20M plus end users but by end 2025 maybe over 10 Million will have it as many will be happy with FTTC..maybe around this time they can think about massive staff reductions
Fleccy, I will get on that BT Orient Express luxury special train at the first available station it stops at - once it gives off the confirmed bullish, long term signals.
Which means, to achieve that long term (if this truly is the bottom) that my station is many, many, pence seriously higher than you see here currently.
I don't fret over that. I accept it.
I keep gambling for my miners; both of which I'm making a packet on, at the moment (GGP & SLP).
But then again, they both did have a good signals box junction, giving me a green GO light :)
"Downside to trend following? (And it's not everyone's cup of tea)- You miss the absolute bottoms and absolute tops; but enjoy the meat in the middle."
What happens if the narrative changes and there's an explosion of hype around 5G/Metro WiFi/FTTP/IOT? You might get some offcuts when you could have had the entire Cow. My personal view is that the market looks for something new and jumps on board when it see's a long journey. FTTP/5G IOT are interlinked, with connectivity extending to anything and everything. There's an argument that the Telecom Train is waiting at platform 1, and will move out of the station when the controllers decide it's time. You can get on and off on route, at various stations, but the investors who stay on the Train could be the big winners. My own view is the Telecom Train is waiting for a whistle blow and away it goes.
The 'traditional' market lore rule-of-thumb to the above question is usually:
A)
Sell before a trading update, when you've already decided to take profits anyway, to protect those profits achieved, in case the trading update disappoints, as many sell on good results regardless, affecting the SP.
B)
Only ever buy before a trading update, if incontrovertible evidence the company is about to reveal a significant increase in trading results.
- However the consensus of analysts for BT are forecasting the most dire results to date, this Q2 next Thursday, so the market is not expecting an upbeat result from BT.
And if results turn out as analyst forecast, then it's likely not to enhance the SP.
So will BT upset the applecart and beat those market forecasts? Only next Thursday will tell; as no one knows for sure.
The main question should not be: is it better to buy or sell before a trading update - but what is the long term predominant trend in BT?
Determine what sentiment is saying vis-à-vis the SP - long term, and that's your default safety position to adhere to.
So, what is the predominant longer term trend - bullish or bearish? Answer correctly and that's your answer. Gambling on bottoms and tops although enjoyable if you get it right, is just that - gambling.
The balance sheet metrics are screaming undervalued - loudly.
Market sentiment towards the SP has for years and is currently, saying the opposite.
My preferred route? Always, always, follow the long term, predominant trend - whatever it happens to be.
Downside to trend following? (And it's not everyone's cup of tea)
- You miss the absolute bottoms and absolute tops; but enjoy the meat in the middle.
You mean the BT share price in 5yrs time will be below where it was 5yrs ago?
Cheers for your reply.
TheSecretTrader............."or buy in now? Any thoughts by the experienced posters on here?"
I would say if you have the time to buy now, forget about until 2025 you will almost certainly double, if not treble your money. I have put my money where my mouth is, believe me. I can't say it any stronger than that. I will be here in 2025 if the share price isn't £3 before then. GL, do your own research and make your own mind up. Don't take my word for it.
It would appear whatever the results, SP will drop. Nothing is changing anytime soon unfortunately
or buy in now? Any thoughts by the experienced posters on here?