BT Share Price (BT.A)

No worries goat.

Personally I wish I had £60k to throw at this , but I don’t

If I had £60k I probs would have put it in stocks last year across 6 companies such as Barc Lloyd nwg Tw psn bdev lgen aviva , which were all in the crud but now doing better.

I think Bt will go the same way, but it may be a year or two off yet

Cheers mate

I'm kinda new to posting. I just thought it's better to get opinions from thoughs who might have an idea I dint mean to break rules etc

And I'm trying to get a proper conversation going rather than people ranting on about wars and protesting !!! These are chat rooms for stock chat!!!

Tar goat

Right now the market does not know what the strategy and new Outlook is with regards to the new CEO .. in terms of capital allocation,cost control, KPI Guidance etc ..with regards to the new Financial Year, within began in April

The market is waiting for her to deliver the final quarter results, which are largely done using the previous CEO spending budget ...and... more importantly deliver her ideas and expectations to the market and to Analysts

Tom Meakin has been appointed interim Chief Strategy and Change Officer in a new Strategy and Change division aimed to “drive the refresh of BT Group’s corporate strategy” and BT Business is moving to a "pay as you use" model instead of fixed term contracts ...so there is much to expand on with those ...BT Business being a key area for improvement

" Tom will be working closely with myself and the ExCo to design the broader unit and make sure the accountabilities for both strategy and major change are in the right place, so we’re set up well to deliver across the company,” Kirkby said

"The division will bring together BT’s corporate strategy and development team and the group transformation and assurance team"

Until she does that , next week (16th May) the market will be in a "wait and see mode" .... although there is everything to suggest the SP has been oversold on the FY Earnings , and everything to suggest there will be a lot to announce in terms of " strategy and change "

I suspect Kirkby is "ready to shake things up at BT" and it should all start next Thursday , she will be glad to get the "old" results behind her and focus fully on the year ahead and her own Year guidance

Goat you can read into my comment as you wish. We just aren’t allowed to directly advise you to spend £60k on a stock

Re the court case.....

IMHO..... the price has tanked circa 30% since Dec 23, for me this must in some way account for the case. It may not, of course. How much is "in the price" if any is anyones guess, but I'd assume some of it is. This does not mean it will not tank 10-15% if they lose. But, if they win, recovery could look very good from here out.

They seem confident, the market seems not, is how I see it.

Hence I'm in, but if it tanks, I'll not need to sell, I have more cash available, and can ultimately wait it out.

hint, 'knife catching' can be dangerous to your wealth.

BWTFDIK