Member Info for bertram

If you get caught driving using a mobile you may get more points than Man U.....
Just saying...
Super Leeds.

Do you want to join?

So if six people are talking on here about shares in their portfolio one of which is LLOY then they have to stop because you are not interested. Im sorry but I find that very blinkered and one of the reasons I don`t read here now so oft as thought police drive me mad. GL.

Trouble is Brass you ,or more importantly we, could miss a very good tip that makes money or saves it. You are not forced to read a post, remember.

I cant explain it either, BT is a strong company with good products. It pays a good divi in normal times. I don`t even think its ofcom anymore. Something in the wings. By far my worst investment and that includes lloy.

GL Aus, 8-)).

Also with more people working from home than ever I would have thought this benefited BT. It is one of the only companies other than pharmaceuticals, that gets more use not less because of covid. I did think from £5 to £1 was caused by the pension. Now don`t, so what is BT`s problem.

BT’s total pension deficit stood at £1.1bn at 31 March 2020, down from £7.2bn the year before, as liabilities dropped from £59.4bn to £53.3bn, according to its full year results.

The telecoms giant said that the £6.1bn reduction in deficit mainly reflected an increase in the real discount rate, deficit contributions paid over the period and positive asset returns.

The BT Pension Scheme’s (BTPS) assets remained unchanged at £52.2bn.

Even so, the company warned that interest rates were “extremely volatile in the current markets” and so it estimated that its deficit will have “materially worsened since 31 March, principally reflecting the subsequent fall in credit spreads”.

BT said: “Our defined benefit pension schemes, in particular the BTPS, could become more of a financial burden as a result of future low investment returns, changes in inflation expectations, longer life expectancies, a more prudent approach being taken (e.g. if BT’s financial strength is viewed as having worsened) and/or regulatory changes.”

With regard to regulatory changes, BT added that one of its key areas of focus for the new year would be to review and prepare its response to relevant consultations.
With a near wiped out pension deficit why are BT not surging ahead. I am starting to think there IS manipulation going on but as yet can not see where or how. Any Ideas?

"is it any wonder that the whole world detests them."
I don`t detest them. Americans spilled blood all over the world so you can spew forth your bilge freely. He who is without fault cast the first stone eh 1d1ot.

Thanks for info, 8-))

" you should have seen the Pound bounce up to €1.40 -1.50..... it hasn't."

Which in turn will be good for exports, tourism, balance of trade etc. Just a thought.

Quite a lot of posts gone from here none of which seemed personal. Just people swapping points. Freedom of speech etc.
Will quit reading LSE for a while, as the speech police here are akin to Russia and China.
This post will probably be deleted now, not allowed to criticize the watchers.
GL all.

Point taken NCNIC00.
My point was a bit vague but is this- I want ofcom to treat everyone the same as BT. Being made to share, but I see your point.

A very brief look at that link Fleccy does not fill me with confidence.
It comes over as bluster, almost a wish list, please let us make a wee profit...please.
Enough.
With the new challenge of Virgin and 02 coming along I would already be demanding access to the new infrastructure they produce and at a pittance. I would be employing the toughest industry lawyers and pointing them straight at ofcom. Go get em.
What is it going to take to get the right man at the helm of bt. And who is that man...or woman. I know how about a Murdock? only people ever to kick Branson`s behind. It needs somebody a bit risky, hard as nails and willing to bang heads and desks.
I do feel that with the present shower we will continue to roll over, behave as wimps and not roar like a lion. £3 in 5 years is a pipe dream with Jansen and co. Just can`t see it.

Morning,
I can`t find any information about other providers sharing the cost of FFTP roll out. Are there any agreements on rent of network in place before BT, or more like BT`s shareholders shoulder the cost of building.
Starting to think BT was never privatized. A GOV con that trapped private investors into providing cheap funds for everyone else`s benefit.
I feel anger to HMG atm. My mum at 84 years old may never see a BT divi again, same as a lot of other pensioners who put faith in the powers that be. I feel the whole running of BT has been in the hands of a bunch of crooks, from management, ofcom and ministers.
I am surprised that ofcom have not found a way of making BT fund other providers pension schemes with some obscure rule. Perhaps I should not of mentioned that.
Its my hope BT starts clenching fists, they want a fight they've got it. BT would have my support.

Yes please explain BT being a "bully" cheapsharesboy. I personally think BT has been a wimp, sheepish in dealing with all other providers and ofcom. Should be interesting.

I do like the service I got from BT and even more talking to an operator based in the UK. China and Chinese goods / services a bit out of favour ATM.
Good question on topping up. I to have funds ready. Patience needed. Take care all.

Absolute nail on the head there. Would Branson have tolerated MP`s or their attack dog OFCOM`s interference? Not in a million years.
I have BT as a ISP, here`s why-
I was with Talk Talk and had problem/ no internet-
Called them and talked to someone in India, I think, could hardly understand him-
Blamed my line-
Contacted BT/ Openreach, they reported no problem with line-
Back to sleepy man in India, not same person-
need to talk to "technical dept"-
After another hour trying to understand each other says will send new router-
Day wasted.

Had problem with BT internet-
Talked to someone in Newcastle or near-
Engineer coming out and in the mean time use your phone to access internet at no extra cost, sorted.
Brilliant and quick.

BT costs a bit more but talking to someone from the UK and swift conclusion is why its worth it.

We just need a BoD who will face ofcom with clenched fists and say "BT carrying everyone is now ended, If you don`t like this see you in court" Then tell HMG "sorry we are not paying you the tax on profits as we need it for court costs"
Let the GOV now what its like to have your DIVI removed.

GL all.

" 15m to 20m premises by the “mid- to late-2020s" Which will then be given away to every man and his dog curtsy of OFCOM.
BT has no friends, All want a piece of flesh from the ex-state monopoly which they see as a great wounded lumbering beast prime for plundering. All Phone companies/ broadband providers have now had the best part of 20 years to develop their own infrastructure and not ride the back of BT. Has OFCOM made them invest, stand on their own feet... have they bollx.

Has BT said "Hold on there we have a massive inherited pension deficit + massive debts so we are going to set this against our tax burden" again NO. They,BT , continue to be subservient to the Government rolling over in any whim from HMG.
I have come to the conclusion our BoD are at best useless, out of their depth ,incompetent, spinless wimps. Would Branson have put up with the cr4p BT has had to endure? Not a chance. Litigation would have been flying from day one and at every enemy of BT. Primary target OFCOM / HMG.
Do OFCOM make all other infrastructure builders provide service everywhere? No, they allow them to cherry-pick their areas without so much as a whimper. Then make BT/Openreach provide the rural locations. It stinks.
I do not know the answers to these problems. But if BT carries on as normal then its going the same way as other fat lazy state owned monopolies who have now faded into mediocrity.
BT have got to fight, get mean, hit back against its knockers or carry on fading into the dust.
Rant over, GL all sufferers. More jam tomorrow coming GHU.

Good reading TLWilliams. Sub £1 tomorrow and I have planned to top up. GL sir.

Still posting bilge I see. No holding here but still clucking away. Sad individual. In olden times he could have made a fortune at the tannery. They used to pay for urine and he talks a load of pi55.
Glad there are still people about with a bit of backbone.
GL all holders, our time will come.