Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
But clearly thats what BT are planning to do which it the real reason why the Chairman had to leave the board,OFTEL are going to love the news as it will accelerate expansion which will help BT too.
Personally i can see the announcement of this news rocketing the SP to over £2.
Hedged more like ,when Starling IPO i would suspect it to be valued around the £5B mark close to FTSE 100 entry .
It could pop down to the old £1.17 range next week or it could stay in this range or it could break above £1.30 and we are off.
Nobody really knows a lot depends on the DOW, personally i don't fool for it as I have seen it all before over the last 30 years . Last month i picked up BARC for £1.33 on the back on negative interest rate rumours , now one month later and the latest scare is rising interest rates.
My MTRO holding is a hedge for me cos higher interest rates should equate to a much stronger business plus I am happy to just sit here until the sun starts shining again cos I can see this being an easy 500% - 600% bagger for my ISA.
However having said all that the TSB reverse takeover rumours seems the most like scenario , at £200M MKT Cap MTRO is a gift .
I don't know a lot about it , but Ocado Retail appears to be mainly Bristol and London , and I can remember there being some talk about 4 more CFC being built in 2021 but only one got mentioned in the last report.It would make sense if possible to invest in nationwide expansion now to take advantage of this new short term tax break.Also a strategic expansion road map showing how with timeframe this was going to be achieved in overdue.
Neil , wouldn't MKS benefit from the 130% offset tax scheme (2 years) announced in this weeks budget with the introduction of CFC's. The idea being companies are encouraged to expand their companies faster and in doing so create more jobs and growth.
MKS could accelerate their Ocado CFC program ?
Well doesn't make any difference where this closes on Monday , one way or another you are going to be right....
Another nice day at the races for BT shareholders with more of the same on Monday...
Indeed , realisation in beginning to sink in ...... we are off to the races!
Looks like BT have become the new darling of the FTSE , not surprising considering their net profits are going to increase £600M per year for the next 2 years just from the new scheme alone .
LarryBling, while arguing the toss over how many £100's of millions BT are going to be able to add to their profits each year thanks to this new scheme the SP is lifting above £1.35 .
Looks like we really are going to finsih above yesterdays close as predicted....
Don't you just love people who love the sound of their own voice.
The point is yesterdays rise was modest given the significant impact on BT's profits over the next few years .
Even if BT only spends £2B a year over the next 2 years on G5 etc. that will still equate to a £5.2B (@130%) not being liable for taxation .
£1.60 - £1.70 is more realistic.
We r off to the races tomo as soon as the 8 o'clock bell rings...
@ £1.34 there is still a lot of value to be had given todays news.
£136k buy @ £1.305 nice....
Tomo should be good for BT too once realisation begins to sink in .
The 130% tax cut for business investments for the next 2 years can be carried forward meaning it would make sense for BT to ramp up in FTTP and G5 expansion .
Budget 2021: Gov't announces 130% tax cut for business investments. For the next two years, businesses that invest will be able to reduce their tax bill by 130%. The government has announced a 'super-deduction' for businesses that invest, meaning they can reduce their tax bill by 130%.
https://citywire.co.uk/new-model-adviser/news/budget-2021-govt-announces-130-tax-cut-for-business-investments/a1474852
"What amount is the bear allowed to sell" any there aren't any rules.
It also bounced off 1.27p to 1.306p in an hours too on the same day.