I don’t think we have seen the end of this good run yet. Lots of after hours buys and results on 14 Sep. Cyber Security is the ‘in thing’ - globally.
Sold at 3.72, I don’t think we’ll see a price as high as that again.
This bb is dominated by Fleccy ramping BT. If you look at his posts and calculate his losses, he definitely should not be giving financial advice. He’s made massive losses on BT but is stuck in the groove of sticking with a dead horse. If you went back 100 years some people would be promoting gas mantles when the future is electric light bulbs. Dyson has replaced hoover . Likewise, when 1% have 99% of the wealth and the remaining 1% is shared between us peasants. We may spend £27 of our monthly income on broadband. However, this is a pittance. The 1% who have 99% of the wealth are desperate to hold on to it. They will spend several billion on the media and cyber security to retain their wealth. BT shares are worthless. The future is cyber security.
Quite agree, this has loads of potential and is massively undervalued in my opinion.
I am definitely not an expert in trading shares but thought that new investors may wonder what all the fuss about joining the ftse 250 is all about- https://www.financial-spread-betting.com/FTSE-stocks.html. This site offers, in my opinion, an unbiased opinion of joining the ftse 250.
Thanks Charles for passing on this information. I put 1/3 of my funds into KAPE, NCC and DARK earlier this week. I feel really confident with my decision following your post earlier today.
Sold the other half last week at 177. Didn’t want to announce it as I sold in case it triggered a chain reaction. This is dire. Bought into gem fields instead. The future is sparkling.
Seems criminal buying them at this price.
So pleased to be in this before it is common knowledge. I think it’s time to buy some more.
The long term future as COVID retreats is promising.
I’m 76% up on my ISA so can feel reasonably confident that my instincts are good. Until Drahi appeared I felt confident with BT. I would have loved to have been a fly on the wall in his meeting with the unions. Did he say ‘I want to buy at a lower price, so give it your best and I’ll own a bigger share’, did he say ‘ you rub my back and I’ll rub yours’ or did he say something else? We’ll never know. What’s the crack with Crozier? He’s a hatchet man. My suspicions are that BT will become more profitable but long term holders won’t see any of the benefits.
I still have half my original investment in BT. It’s not the hundreds of thousands that the boomers typically have, it’s money in an ISA. I initially put half of my allowed limit in April, in BT. I was basing my decision on a ‘safe bet’. A trusted company with a concrete certainty of a product to sell. Nothing too risky. Couldn’t believe my luck with the sp since April. When Drahi announced his stake I was ‘amazed’. I didn’t know you could acquire such a large stake without notification. Since that date I have regarded this like the penny shares on AIM. Completely shaft the individual investor with subterfuge and misleading news articles. Unlike several posters on here I had never heard of Adam Crozier until this weekend. I am very careful with my money and want to know it’s safe -I’ve had to work hard for it. I like the comments about him being a ‘shy’ person who avoids the limelight. I can imagine he will make redundancies. As a person who benefitted from free school meals in Thatcher’s Britain I have mixed feelings about this. I will keep 50% of my initial investment in BT. If it drops to 100p, I’ll buy some more. However, I do not feel confident about my investment, unlike many people on here. If you don’t like me saying that then - tough.
Sold half this morning.
In my opinion, Crozier’s appointment has been arranged by Drahi who is now pulling Jansen’s strings. Make redundancies, industrial action, sp drops to 100p. Drahi buys majority stake and completes takeover sub 200p. Keeps Jansen in post. Cost cutting measures have worked, onwards and upwards.
I don’t think the results next week will be as bad as some might think. Try booking into a hostel at the moment and you’ll find they are often full (although capacity may be reduced). I have done searches for hostels around the globe. You will regularly find a blog with reports of their local hostels. Nearly every time the link in the blog takes you via hostelworld to a booking. Very impressive. Good marketing. I can appreciate why they still have fees in these difficult times, I’m assuming it’s mainly advertising costs. I think this is a good investment at a bargain price. Hoping to double my money in a year - won’t get that return from Lloyds or HSBC.
Access to the internet is almost a requirement for most people. The infrastructure that supports it needs continuous updates for the foreseeable future. BT is a reasonably safe bet. However, in my opinion, there is going to be a takeover. I was sideswiped by the accumulation of 12% without any notification. This was done very professionally whilst the price was low. The cat is out of the bag. The recent profit before tax was good. Using logic the price should be rising. Instead, a bit like the 12% were accumulated at a bargain price, the next 12% will also be hoovered up under cover at a low price.
They are relying on ‘fight or flight’ instincts of humans. If the share price had continued to rise above £2 private investors would buy more. If instead, a carefully worded set of results is released and the price drops, individuals follow herd mentality and sell. Instead do the opposite to your gut instincts. In my opinion - buy.
I think that this could initiate Otb selling holidays again for this summer:
“Currently there is too much uncertainty for us to take on any new bookings with full confidence that they will go ahead. We are also aware of the potential inconvenience or incremental costs that customers might experience or incur if their holiday experience were to be disrupted. This is a temporary decision and we will review it regularly, and in line with Government updates.”
This temporary decision will hopefully be now reverted. If so, I can see the sp returning quickly to 400p.
I’ve realised that the ftse 100 and 250 have a similar 0 and 00. They have companies that leave and join the exclusive brand. This means that any money in those companies is effectively wiped out. Friends of those in the know invest in companies about to join and benefit from prior knowledge. The other kick in the ribs is ‘additional share placement’. Totally out of the blue they ‘create’additional shares out of thin air which make yours worth 15% less instantly.
If you play roulette, the addictive part is watching the ball spin. The neurotransmitters in the brain increase while the wheel rotates. Dopamine adds to the excitement. If you win ‘hooray’, if you lose ‘oh, well next time’. If this is red/black 50:50 fair enough. Instead there’s a 0 or 00. This means that long term you lose.
My degree is in Electronic Engineering and I specialise in telecommunications, however it’s all out of date. My son’s degree is cyber security and much more relevant. Shares are difficult to ‘beat’ despite being knowledgeable about the area they are related to. You almost have to do the opposite to what is expected. I lost a lot in 2006 and the following financial crash. I don’t like losing and have been keen to get my money back. On 23 March 2020 I bought into Marstons, Mitchell and Butlers etc. I made over 100% profit by buying against the logic of shares falling due to ‘lockdown’..My 100% profit is now down to 70%. This is despite very careful research etc. Despite being very good at maths and also cautious with my money I think that eventually I will lose all
100%. I have studied the market since 2006 and can see why I am bound to lose.