Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Fleccy - you, like me have just watched Drahi accumulate significant share holding without hardly creating a ripple…..
Not sure why I’m discussing something I don’t think will happen, but, if it did, my guess is Drahi is out, needs cash & likely to sell shares, to either a hedge or DT. Either way I’m not sure he will get a good price.
From there, it’s could be a skip and jump towards action.
It seems clear to me once you have Drahi shares, it could be possible to very quickly exceed 50%. +. The trouble a majority holder could do on the board wouldn’t be good, even if that turned out to be DT, who I don’t think are ready yet either
Because BT’s current value is £1.25 per share (ish)
There are enough shares held by major player to force BT boards hand. At these valuations £2.50 might be the upper end of what gets paid maybe, this being one of the reasons I doubt a bid is coming or would be taken seriously.
It’s just my opinion. A buyer still has plenty of head winds to refer to.
For purposes of bidder, debt will be £19bln, pension deficit will be 3-5 to 7 bln. It’s why SP is where it is, I can’t see a bid taking too much of a different view right now.
Love to be proved wrong. I would consider £2.50 anyway.
Hey Jake - sure I thought I had spotted something there. Share price looks okay (hopefully). I did wonder whether the shorter last week knew something about this, but looks like I was wrong. Good news, very happy to be wrong
Not good news. Believe it’s for old people and non voluntary. Will clearly cause national switch over delays, pending decisions choice made. I found this. Some of the options seem expensive
https://www.ofcom.org.uk/__data/assets/pdf_file/0024/272931/Network-and-Service-Resilience-Guidance-for-CPs.pdf
There are also Westminster briefings available online. Also a statement from bt here
https://newsroom.bt.com/digital-voice-signing-up-to-the-charter-of-commitments/
Savage - agreed. Rwanda is a game, it make uk look foolish (again). There were less controversial options, which although would have been morally wrong abandoning our international obligations, wouldn’t have mattered as much & would have just made uk look bad, rather than dangerous.
Hi savage, it’s central to the point being made here about investment.
I don’t agree fully, money I think should be used for a grown up approach to immigration, legal entry points, quick processing, turn people around without a claim. Like we always have.
Foreign news outlets report all these details, UK people seem ignorant about. It leave foreign investment wondering what comes next. They also know when in the EU we could pass people in boats back to France if we chose too & had access to criminal records to arrest or kick people out. Foreign news reports this too, which adds to the mystery of what is going on. People talk about a BT takeover, it was only a year ago we had a prime minister who thought it funny to “f” business. IMO lots of this goes to answer why uk will continue to struggle . Breaking international law on a whim won’t help.
Poker - Reuters “While Britain hopes to send thousands of migrants, at the moment Rwanda only has the capacity to take a few hundred.”
That’s for £240,000,000 uk investment + a further £164,000 per person sent to Rwanda.
Rwanda can currently only support 100 people, that is an actual fact.
Honestly, this governments lies are making fool out of you.
So where are we on OFCOM.
It doesn’t matter, but some how knocked 10p off the share price or does actually matter.
Reading the press reports, OFCOM I think are angry about inflation? & seemed surprised inflation increases prices, but they don’t think this should apply to telecoms?
It’s very strange for it to be okay until inflation increased.
Poker - its share time again. Your answer is not a reflection of what is going on.
UK or any other country doesn’t take that long to process immigration, the delays in Uk are through incompetence or manufactured (take your pick)
Channel crossing happen because their are no other options, all removed by these lunatics, this country does not play its part.
Schools, hospitals blah blah all under funded. & BTW not over used by these people
Uk courts for all hearings not just immigration have been cut off at the knees, they are an under funded mess
This government isn’t quietly probing the courts and changing their policy to meet legal obligations, it has started off with illegal and cruel legislation.
Are you aware asylum seekers have no way back once shipped to Rwanda? It’s not for processing, it’s to hand over these people to Rwandan immigration, it hands over full responsibility.
Do you know Rwanda will only ever handle 100 people. For all that money?
Have you seen uk immigration figures, small boats are the least of your worries.
Poker - you must have your eyes and ears closed.
When I say attacking courts and lawyers, I don’t mean for good reason. They are terribly underfunded because they support law. The problem is this government doesn’t like it, because they wish to act outside of the law & persecute anyone who points this out. It’s very insidious, very different & in part why everyone sees investments decline, as investors wonder what crazyness comes next. Everything from reducing citizen rights, breaking international law only on a very specific and limited basis to now, human rights. Any idea why only the uk (Russia & China) can’t seem to operate inside these frameworks? I mean, every other civilised nation / government does?
Scarfell - oh it’s right wing all right. Notice I didn’t say conservative.
When right wing governments go too far right, they want to divide a nation by selling lies and misinformation to the vulnerable who will listen. Blaming immigrants, the EU, attacking courts, nurses, teachers, only recognising their kind of free speech, these are all right wing failings, 1930’s Germany, Italy, the daily mail, telegraph, express all share the same “enemies of the state” & “ will of the people” favourites. They all start off blaming the most vulnerable, before moving on to greater things, single mothers, disabled, immigrants. Its why nothing important get done or discussed, because they are too busy doing right wing things, up to and including, only benefiting people and things that matter to them and their friends (PPE dodgy PPE contracts, rather than a coordinated response )
Fleccy - “socialist rabbit hole destroying British business. “
Do me a favour, we have a lunatic right wing government
Did you vote leave Fleccy ?
That’s your actual answer. It’s why the loons are in place & it’s why uk has imposed sanctions on itself. It’s also why silly boats, pretend culture wars and lost WhatsApp messages are the most important thing on their agenda.
Fleccy I agree will potentially impact BT and VMO2 because they need to invest, although VM is seeing growth.
The logic would be, if BT and VM need to make these increases clearer, in big bold warnings (a’la cigarette packets) then the providers who are not investing in new networks won’t need to, so will lose more customers to the operators with less warnings….
That’s my thinking