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This is my biggest concern. Can you imagine the cost if Huawei is banned completely - which isn't entirely out of the question with parliament and the US making concerted offers to overturn the governments decision.
More recently this;
https://citywire.co.uk/investment-trust-insider/news/renewable-funds-could-plunge-40-on-cannibalisation-threat-say-jpm-analysts/a1317406?ref=investment-trust-insider-latest-news-list
Brief extract;
(Update) Investors in London’s expensive listed renewable energy funds are at a risk of a 43% share price fall and a 33% drop in asset values due to the slide in long-term power forecasts, JPMorgan Cazenove has warned.
Strong investor demand for their reliable dividends and environmentally friendliness has pushed shares in London’s six wind and solar power investment companies to an average 16% premium above their underlying net asset values (NAV).
But UK investment companies analyst Christopher Brown said the double-digit premiums of companies in the £9bn renewables sector were unsustainable in face of mounting evidence that growth in carbon-free energy would slash the cost of electricity in the next 20-30 years.
Its not just Bluefield lots of energy renewables shares are being hit.
A quick google found this;
https://citywire.co.uk/investment-trust-insider/news/ian-cowie-renewable-energy-funds-may-lose-feel-good-factor-if-you-pay-too-much/a1227491
Oh Boy - I was hoping against hope that Labour would win to defeat the stupidity of Brexit but now they've blown the bloody doors off!
Of course if you're going to privatise anything privatising Openreach makes perfect sense if you want to rollout Fibre broadband across the UK. But leaves us shareholders in dire quandary.
I doubt that it's a priority right now, Im perfectly happy with my 30 Mbps on FTTC but I don't doubt that shares will collapse tomorrow just like utilities like water and electric have been in the doldrums for ages.
Best chance is to sell at best price you can tomorrow and rebuy when market comes to its senses. Either that or hang on and weather the storm. Ha ha - I've no effing idea.
Of course Labour have no chance of winning a majority or even ruling a minority government but the threat is there and the SP will drop like a stone.
I agree with IWEB. Pretty cheap - (£5 per transaction if frequent trader). Only problem is extra charges for stop losses etc and only allows you a few minutes of use without closing down and as evonybob says not much use for research but other free sites available.
Google seems to do this fairly regularly. I noted earlier this year a 10% + drop in the Sp compared with other sources which disappeared the next day.
That said Google unlike most reflect after hour prices. Could the USD delisting affect this? Probably not but nice to dream.
Telegraph is reporting that BT preparing for sellof of BT Espana.
I can't see full article (behind paywall) but the first few paras give the gist;
'BT has begun work on a sale of its Spanish business as the break-up and restructuring of its international arm Global Services accelerates and its shares slump on fears for broadband dominance on home turf.
The telecoms giant has begun exploratory talks with potential buyers of BT España, according to City sources, in parallel to the ongoing sale of BT Ireland.
Discussions are at an early stage, with any deal more likely to appeal to buyout firms and infrastructure investors than Spain’s big telecoms players Orange, Vodafone, MásMóvil and Telefónica, City sources said.'
https://www.telegraph.co.uk/business/2019/06/25/bt-packs-bags-spain-fears-mount-strength-uk-broadband-business/
I'm by no means a financial expert and we're probably talking about different terms and you're probably right in the correct financial meaning of the terms used but essentially I think you're arguing the difference between gross and net. If the profit is only increasing as a result of cost cutting then revenue is not necessarly increasing is it?
I tried to find something in the annual report but couldn't but did find this in an overall positive statement from Credit Suisse;
'Last month, BT reported a 2% drop in adjusted underlying earnings (EBITDA) to £7.39bn and a 1% decrease in adjusted revenue to £23.46bn for the year to March 31, as growth in the consumer business was offset by regulated price reductions in Openreach and declines in the enterprise businesses.
For the 2020 financial year, BT expects adjusted EBITDA will fall to £7.2bn-£7.3bn as adjusted revenue falls by another 2%.'
For John Lewis apparently.
Interesting I wonder who would be in the running to take over. Could be a positive for BT.
https://www.theguardian.com/media/2019/jun/06/sharon-white-leaves-ofcom-to-join-john-lewis-partnership
I asked my broker (IWEB) yesterday what was happening and was told that it would be 31st May or later before we'd find out. Also see thread called Halifax (who also own IWEB).
I did begin to think that perhaps you were on the good side. Your views are so extreme as to be parody of the right wing fascism invading our country. To believe Farage made Marr look a pratt is to misunderstand the basic democracy of this country where political figures have to be accountable for their views and have to tell the country what they stand for outside the narrow confines of the Brexit debacle.
I agree that the political response to Farage is pathetivc but that doesnt make him right.
In some ways I wish the extreme Bexitrists get their wish and that the resultant disaster will explode their myth forever. Unfortunately it will destroy Britain's manufacturing and finance base for years.
OMG - Does it not strike you that even on the simplest level putting barriers in the place of trading with our nearest and richest neighbours is not a good idea.
Currently we have an excellent deal we're not in the Euro we're not in Schengen. We have opt outs on Federal Europe, EU Army, Turkey entrance to Eu and all the other UKIP/NF views on the disaster of staying in the EU.
If we leave the EU now we won't be able to get back in under the same terms. Any referendum that has such a major impact on our constitution should never have been put on a simple 50% +1 basis.
By the way no other major country trades on just WTO rules. We have trade agreements with all the countries like USA and China that don't have FTA's with EU currently and we lose out on the FTA's currently in place.
Some believe that we can leave on no deal then negotiate in strength with EU. But guess what they won't talk to us until we sort out the NI border and pay the divorce bill so we have to accept the terms of the WAB anyway.
Also Nancy Pelosi has stated that any deal with US that doesn't conform with the GFA will not get through congress.
I totally despair of this country where so many can believe in the simplisic crap that Farage expounds as the basis of a political party.
Does anyone know why when you google the share price for BT.A it comes up with a value of 191.74 - a 13% drop on the closing share price shown here!
I know Google reflects after hours trading unlike others but this looks a little extreme!!!
'The new chief executive of BT is accelerating plans to close nearly half its regional offices as he seeks to modernise the former telecoms monopoly.
Philip Jansen wants BT to shut 20 of its 50 British offices within three to five years, instead of the five years outlined last May.
The overhaul would shift the company towards 30 “modern strategic sites” and lead to the closure of its central London headquarters near St Paul’s Cathedral.
The closures come as Jansen considers whether to make deeper cuts to BT’s workforce by slashing it from 106,000 globally to 75,000.
However, it is understood that plans to introduce new BT branding have fallen down the to-do list as Jansen focuses his attention on the company’s workforce.'
Err Have you not heard of the large NHS contract BT won a few years ago. At the time it was called the NHS Spine.
https://business.bt.com/solutions/resources/nhs-spine/
It was a total disaster mainly due to the software supplier (not BT) being unable to provide a system that everyone would buy into and lack of management control to drive it through (a not uncommon problem with major IT projects).
Parts of it may still be running as far as I know but I think the main contract was dropped some time ago.
BT did try that on some time ago but failed to get legal agreement that its patent was valid.
https://www.zdnet.com/article/bt-loses-hyperlink-patent-case/