Member Info for Aus3009

Fleccy - no I don’t agree with your analysis. I’ve already said, debt isn’t a problem. If your business model has always revolved around too much debt & been a successful strategy, it’s not necessarily a consideration

I think I already said VM O2 are going to try and disrupt the market, financially maybe not good choices, but as a disruptor to BT’s dominance it makes lots of sense & as always you’re underestimating the reach of VM O2 networks.

A VM O2 wholesale service will not be an attempt to replace BT, it will be to disrupt BT initially and take in from there, it’s called growth…. Sadly lacking in BT’s future & part of the SP problem.

Hi Nige, At the moment. I agree, VOD may need it more, if they want to expand & try to match other offerings.

Fleccy, you’re jumping the gun again. Of course they can still buy TT. You need to research John Malone, he feeds on debt. (He’s like a big boy Drahi), who also does his best work restructuring debt.

You really need to stop going off half ****ed. & BTW all those silly comments about my research of competition, I remember say “risk” but you sensationalise & misquote to feed your delusion.

I thought this was inevitable, this announcement confirms funding and intention. It’s all about disrupting the industry & upsetting the status quo.

Fleccy - you shouldn’t have a handle which auto corrects, to a more descriptive name.

But of course, the below is not what you said in response.

Someone presented you with an example of their pension illustration, which was probably correct, as an example why terms, conditions and times are tough / tougher, but that doesn’t fit your agenda, so you run off to try and make facts fit your delusion…. ( be warned anyone who listens to his opinion on here, it’s what he does)

If I was a psychologist this would be the easiest diagnosis all year.

Anyway, don’t both trying to misinterpret what I’ve said to continue the delusion. I’ve realised there’s little point arguing with anyone who wilfully misunderstands everything, to keep their sense of self trundling along.

Fleecy - only an idiot wouldn’t understand that a pension payout forecast would always be based around annuity & that is exactly what you’ve had put in front of you & still you want to argue and argue and misrepresent the facts written down for you to read….

It’s not difficult is it?

I believe it. Rather than find fault in what you are saying like fleecy is, I can see you might be looking at your projected retirement in 26 years time.

Some pensions annuity are paying very low percentage of pension pot, it’s quite possible £3.5 reflects a projected pot of well over £250,000.

DC pensions converted to a guaranteed monthly payment is pretty hideous. Shopping round only makes this option less hideous.

So I can easily see this is the case & I think world would be a better, kinder place if older generations worked out an accepted conditions are tough out there for people now, much more do than when they were working / younger. Housing, pensions & other outgoings have no comparison based on “now & then”

It’s literally ridiculous to deny this.

Wetherboy - maybe you should take a breath and think about this.

Your whole argument about comparisons between pensions falls dow at

“Putting 8% of salary” into a pension and suggesting there’s no argument about reduced benefits & new employees benefits compared to what you were lucky enough to receive.

Maybe at this point you would like to concede GRS is right.

Looks like CWU manage to get Royal Mail vote for industrial action too.

Going to be quite a summer / autumn

Smasher - Good Post

Nice to see there are still people out there that haven’t thrown away their decency and self respect to the daily mail / telegraph / express

I think question still stands, pay rise one off payment is aside to the main point, being is this a benevolent offer to stop lower paid employees going under, whilst still provoking unions. The pay, no pay is just a matter of judgement for where senior management think they can pitch it.

& yes, a negotiation is where one sides asks for more than they can get & they generally meet in the middle. An all out battle between senior management, unions and staff, wouldn’t be a place to be in for either side, it would be plain silly to fall into that position by not talking or at least looking like management are trying to be the grown ups.

Yes. It’s called negotiation.

Hi jimtom,

Are they going ahead and paying the £1500 regardless?

If so, could read this as an attempt to just get their lower paid staff over the bump they are “allowing” to happen?

Could this one off payment be a benevolent gesture on their part, just to make sure the lower paid staff are not crucified during a manufactured crisis.

If I was trying to a) provoke unions & staff, but take care of the most vulnerable, a £1500 payment, not pensionable not in the form of a salary increase would tick all those boxes?

Jimtom, that’s not good.

Yes, agree, not good employee relations. Things I’ve read before suggests BT and unions have cooperated well, I’ve even read BT employees arguing unions have given
Too much.

Maybe my thinking has some credence, that for now industrial unrest suits senior management as defence against a takeover?

The ballot shows there are lots of employees who are not happy, that’s not god for any business or investment.

Nige - I hate the idea of food banks, I see everyone or the need for one as a massive failure, a stain on our society and the way it’s run.

I think about how using one, or needing one would make me feel & I don’t want anyone else to have to feel that.

It’s ridiculous that this country cannot provide people with the basics, even the tiny minority who might scam the system.

It’s not a couple of people stealing tins of baked beans and bread that should annoy you, it should be directed at the people who run the worlds 5th (6th) largest economy in such a way that they are needed…..

I don’t have an insight on these strikes. Apart from some of the ridiculous right wing press options puked out by some people on here & something about socialism

On one hand it seems reasonable for unions to get involved if their members are getting a bad deal, the number of employees unhappy strongly suggests that might be the case & that it’s not just about the money.

On the other hand as an investor, I don’t like seeing SP falls or the huge distraction these strikes must be presenting to the business

Is there a sensible compromise? Or have we gone beyond this now & it’s a fight to the death (for want of better words). This would seem crazy from both sides.

BT has a lot to lose here, so much of their business now involves delivering things for other businesses. This seems like a huge pressure point for unions to ficus on, knowing these businesses will have zero patience.

Nige, oh I’m sorry, I thought you determined food banks were being taken advantage of by unknown women in BMW’s on the telly & therefore wanted them gone

Apologies if you didn’t mean that.

Hi Nige, I’m not defending anything. It’s you that has something to defend.

You are saying you want to see people in need starve, because you’ve seen some woman leave a food bank in a BMW, but you don’t know if she was picking up, distributing to someone, whether it was her car or whether it even matters, but let people starve anyway.

Does that about cover your analysis for this judgement you’re openly sharing?

The food bank is home. It’s a disgrace that we need them, but they are at home.

When I ask you to tell me if it’s someone else’s car, whether she’s picking up food for someone else etc etc etc

What I’m really saying to you is you’re coming up with some really toxic opinions & judgements about a person or situation you couldn’t possible know anything about….

For a start, in most cases people need to be referred to a food bank.

Nige, helping to fund the war in Ukraine isnt charity, it is national interest & national security

For the one person you’ve seen driving away from a food bank in a BMW, you do understand these things are regularly manipulated? Did you manage to check if was her bosses car or borrowed from someone else? Or stolen ? (Might have been mine)

Even if she was playing the system, would you really want to see people who really need it starve so you can “get “ the one you think is undeserving

Do you like Mo Farah? Lovely chap. With a Home Secretary thinking like you, he would have had all his potential wasted by being shipped out to Rowanda.

It’s criminal some horrid people take advantage, but it’s an absolute travesty to not help those who deserve it or Need & it’s immoral to deny this help to the majority just to “get at “ the vast minority.