Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Opex reduction should follow shortly after capex reduction as fibre roll-out slows down as initial coverage objectives are achieved.
With the tax concessions supporting through roll-out, reducing pension liability concerns and future opex savings thereās a great opportunity going forwardā¦as long as the regulator doesnāt try to take a chunk out of BT and the economy generally gets into gear.
Actually a bid is in the interests of anyone that considers BT unemotionally and with an agenda based purely on financial opportunity. If a bid was sufficiently higher than current SP, so effectively delivering the future gains some are anticipating early, be that SP value or dividends, the logical thing to do would be to take and invest either in other stocks, or ālifeā.
It would be for each of us as holders to then do the maths, taking into account personal view on future value, when deciding whether to accept (and then be subject to majority decision).
I remain sceptical that a worthwhile bid will come, or be allowed to progress if it does, although I do think either way it could result in a positive re-valuation of BT.
Soā¦roddersā¦you tell us a bid should come next week. Sounds like youāre prepared to stake your credibility on this board on it. Be good to have something more substantial than thatā¦what makes you so sure.
And as a little aside, the question isnāt why does NDN keep defending the CWU. Itās why do you keep attacking it.
Iād like to think they would not be that stupid and it isnāt in their interest.
Many of us would like a big lumpy bid to consider but most of us arenāt dumb enough to adopt a ābid or bustā mentality.
This is massive news for BT and the timing of the overall scheme relative to fibre roll-out is a god send. I know the ānewā news is about 1 year only and it has to be confirmed but would have expected more of an uplift.
Perhaps itās already built into sentiment and price but if so it reinforces that this is undervalued.
Thanks for guiding me on what I can and cannot reference rodney.
Iām assuming I missed it when you were voted into the post of official adjudicator of what itās ok to say but I get that, based on the appropriateness of your posts, you are the obvious choice for the position.
That aside, stop talking out of your aĀ£s*.
Oh, and yeah, happy Christmas to one and all (and in the interests of inclusive, a happy all the other stuff people do too).
We can agree on that one Rodders.
Oh for capable, competent people with integrity who pursue a career an interest in politics with the aspiration of creating a better and fairer society for all (whilst creating a society where those who work hard and endeavour get their just reward).
I donāt understand how people like SB have gained the support they need to climb to the roleās that are currently in and the thought of them obtaining even more power and control of our lives is unthinkable.
Iām intrigued about some of your reference points Rodders old chap.
Didnāt you once tell us you worked in Fleet Street and didnāt you imply something like you were getting paid for lots of nights that you never turned up for?
Whilst Iām guessing such behaviour to some extent led to the decline of union power and reinforced the need for automation in the newspaper industry, I take it you thought it was a good thing when you were benefitting from it or you wouldnāt have done so?
Iām curious to know why you now think unions such as the cwu, who in reality have very little power and struggle to apply and have any real impact through their āwalk backwards slowlyā strategy, are the cause of BTās demise.
Personally I think BT has suffered from combination of a prevalence of self-interest amongst itās senior management, an āus and themā culture evident both in management and āworkforceā, that has further compounded operational inefficiency and low levels of motivation, and thereafter the fact that they are so often hamstrung as they represent one of UK industries easiest political football goal scoring opportunities.
Put another way, Iām sure the workforce could be more efficient but I would look first to management for the responsibility for any great shortcomings. Secondly I would challenge the government and politicians you seem so keen to protect for both the business environment and short term self interest culture in society that now prevails.
?? Yes but right now as you say your holding is Ā£10k to the positive which by my very quick estimate is equivalent to something like 130,000 full year dividend payments and you still have your Ā£20k to play with!
I know thatās only on paper and well aware from similar experience that the gain could evaporate next week but us long term holders have got to enjoy a day like today.
We all think I should have bought more when a positive spike comes along (and some of us kick ourselves for not having sold when a negative turn happens) but isnāt today actually a positive step on the long term strategy youāre following?
Life is better with glass half full and all that!