Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Sort of comment that says so much about someone.
Put aside the obvious prejudice, think you may have missed it’s xdiv as well as general market fall due to interest rate fears.
Funny how people in trying to look clever can show how smart they really are.
It’s not been a fun ride being a BT shareholder over the last few months and many of us may have been worn down to a point where we might consider an offer we shouldn’t.
Any potential bidder will be sniffing a great opportunity and a partly frustrated shareholder base right now.
If it does come we need to ensure we don’t get fleeced (not flecced).
We share similar views on the entertainment value available in this forum Expat.
I for one was much concerned recently at the untimely demise of Barry Humphries, as I’ve long assumed that he and Rodders were actually one and the same, and that what we witness here is him supplementing his Dame Edna Everage and Sir Les Patterson on stage characters, with the likes of the rodmitchell, dadooronron, handymandy, son of Mandy caractures, in this on-line virtual world.
My joy and relief that Rodney is quite clearly still with us is further enhanced by the realisation that should BT’s woes continue, he has the opportunity to fall back on his edna/sir les tribute act, as a way to sustain himself through the hard times ahead.
(Sigh!!)
No, not everyone wants to sit counting their paper wealth for the next 5 years and people that consider investing in other shares may just look for similar dividend return or better…and an increasing SP.
I’m sure you don’t want to go back round the discussion about value of money and impact of inflation but put very simply the dividend is not coming close to maintaining true value of investment.
Neither would you want to be reminded of movement in total value of BT over the last 5 years, taking into account SP and dividend return. Unless BT reverses it’s trend in the next 5 years it will basically have represented a money pit but then your ‘low risk reinvestment strategy’ is of course based on the assumption that that’s exactly what will happen.
Unfortunately, as has been discussed on here today, it’s difficult to have confidence things are going to change based on performance of SP and board response over the last few years.
Clearly they wouldn’t?
I’d like to think the UK government and the EU won’t perpetually act like 4 year olds if there’s benefit to be had for the people they ‘serve’.
So on a parallel note, what potential benefit could a government that’s facing real prospect of being dismissed at next election, that sees its best hope of swinging votes as finding some money to throw at people, and is not adverse to doing, well, virtually anything to serve its own interests, gain from a BT sale?
Hopefully there’s something more than suddenly deciding BT’s a great British institution and seeking our allegiance by proclaiming they’re saving it from johnny foreigner, so we can all revel in the greater freedom they’ve secured for us and take pride in the huge progress we are making as a nation.
Having said that, it worked for them last time.
Thanks for clarifying IP.
Is this business not capable of attracting someone that will excite the markets?
Against a background of prolonged decline in market cap they recruit someone who at best seems to have been received almost as insignificant. If the job is basically come in and manage ‘as is’ and there’s no real new message of ‘why you should be buying in’ then they could have offered me the gig for half the wedge and I’d do it at weekends. I appreciate that might have resulted in the SP drifting even further but seems like a number of you guys would have been good with that as we approach divi release.
You might think it’s a great line Rodney but I haven’t got a clue what you’re talking about.
And IP, I get it’s me not you but no, don’t get what you mean.
Are you guys really saying that BT have put forward the new CEO as part of a strategy to prepare for takeover??
An announcement like this , ex-divi date or what ever, should be designed to enthuse the market. If not they’ve got the wrong candidate.
And of course drahi will know how this works and assuming he is intent on a bid will have done some serious strategising about what response is likely from different elements of the shareholder base and where he would need to pitch at to get to 90%.
It’s interesting that there’s much debate going on about potential takeover but still the SP falls back.
Given, the view on here seems to vary between accepting an offer if between £2 and £4, what a great job someone has already done in managing down our expectations for a business worth £5 c. 5 years ago, that is probably stronger and with greater prospects than it was and had back then.
I’m disappointed you didn’t value my offer fleccy.
LTI. I see why you call yourself LTI.
Having said that, congratulations on selling back at £5. Taking into account the decline in SP and the erosion of value due to inflation, you did yourself a great service that many others of us could have also benefited from if we had pressed the sell button rather than convincing ourselves they’d return to former glories over the period since.
So overall, no I don’t think BT as an organisation is in a worse shape than 2015, if anything better. However the market is saying something quite different and based on how it generally responds to BT, regardless of logic and future promises, I’m sceptical that will see anything close to £5 again in the foreseeable.
Which is why I think a takeover might do us all a favour.
Here’s an offer you won’t be able to resist fleccy.
Recognising you value them at upwards of £3.75 I’ll do you a special deal. You can have mine at just £3.25 each, making you a massive 50p a shot!!
It’s a limited time offer. What do you say?
:)
Ok, I get accumulation potentially means less shares available and algo wars…but are more people trying to sell than to buy…because that’s what the SP trend suggests.
If so wtf is going on?
If not wtf is going on?