Member Info for Andyagogo

They would be a very long post so I will confine it to this ...

The price escalation in 5g auctions and a realisation of the costs
associated with a 5g roll out are what the market appears not to like.
That in turn reduces free cash flow, which bring you back to dividend sustainability.

There a problem with that. Xi does not face re-election and public scrutiny from the Chinese press.

You never publicly disrespect the Chinese, you keep those comments private. Trump does the opposite.
The Tangerine man may be about to get a harsh Chinese lesson

78 on a very good day. Often in the 80's, when stressed 90's.

I'm fully aware this is not great!.

Eating pomegranate seeds every day for six months, as an experiment.
Supposedly very good for cardio/arterial health.

I asked this time last year and I'm asking again...

The billions and billions spent on Project Spring...where are the commercial benefits?.

If their network is so wonderful, why are lower cost entrants grabbing market share ?.

They have not invested billions...

Firstly, I'm not making a case that BT is in financial distress.
Is rising debt impacting the SP?, Net debt has been rising for around
3 years, the SP during that time has been hammered, draw your own conclusions.

Neither do I think the dividend will be maintained at current levels longer term,
just my view, might be wrong.

If you look at my calls on VOD from over a year ago, think I called that pretty much spot on.

Well when I mentioned the VOD debt a couple of years ago on the VOD board
funnily enough I got similar replies.

Fast forward to now and both the VOD and BT.A share price has been hacked away.

Newsflash - the market does not like rapidly rising debt.

You are paying a very high price for the dividend payout.

Net debt rapidly increasing.
Market does not like it one bit.

Just to clarify, I mentioned Whizz on seeing their latest passenger numbers,
where they provide year on year details. It looks a very significant increase.

Thanks for the info.

I think there is a little more at play here - at least I'm guessing there is.

Some of the airline stocks got a nice uplift on the EU extension date.
That looks to have unwound.
The Brexit party will smash the EU elections (unfortunately!)
and as s result leaving on WTO terms will be in the spotlight once again.

Hi Folks, just wonder is Whizz taking some share from RYA?,
are they directly competing on many routes?.

RYA reported FY results on the 18th May last year.

I've attempted to find date for the final results announcement,
can't see one?.

Those that panicked and sold may have been mugged I'm afraid.
Around £62 now allowing for the dividend.

Allowing for the dividend the price is over £59.

ULVR update yesterday helped.

Apologies about the typos. I've got a hyperactive, excitable kitten jumping around me atm!.

It should also be noted that in terms of the current yield and capital games
that's only for recent buyers.

I know someone who has her RB for 17 years, his yield worked out on purchase cost
is extraordinary, as is his capital gain!.

Where I agree with the previous post, is on current low yield, potential for
commoditization in some product categories.
Expected the share price to come off over 10% on the news,
particularly given the very strong recent rum.
The fall to now has been milder than I anticipated. May still happen.

In terms of the litigation and potential liability, it's guesswork atm.
I thought 10-15% off the market cap may allow for most eventualities,
however this is a guesstimate on my part, nothing more. No one knows atm.

An imminent dividend suspension, as in the dividend already declared, is highly unlikely.
The current US litigation may take months to play out, or longer.

* Mead Johnson.

That's a cogent Sell case.

My own thoughts:
Net debt needs to be seen in the context of the cashflow.
Mede Johnson is an interesting opportunity longer term.
Splitting the business may create value.

That being said, I find it difficult to make a buy case around the current price.
I hold a small amount, just for transparency.

£54-55 would be a more attractive area to add, however the potential litigation
also needs watching re company valuation.

That really would be worst case.

However there is perhaps another potential cause for concern, this potential litigation may not
be confined in the US market.

Attempting to quantify potential liability is pure guesswork at this stage. No one knows is the honest answer.