Member Info for booboobooboo

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.

BT has been moving up and down in what has been a volatile market since the pandemic begin, one day its up 2-3p then its down 2-3p with little to no logic.Relax , put simply 8p div will equate to at least £2 and if 15p divs return in the next 4-5 years £4 -£5 is realist . I plan to happily collect my divs for 2021-2022 while at the same time safely netting myself a healthy profit in my ISA.

Easy money IMO.

The SP was at 1.38p early this morning .

Taking over BT then splitting up its assets would make 10's of billions.

The way this Pandemic has been handled Labour should be head and shoulders ahead in the polls ATM if they had simply promoted the opposite to what BJ was delivering , cos as it has turned out the exact opposite each time would have been exactly the right thing to do .This was a great opportunity for Starmer and he has screwed it up .

Its 3p subject to a shareholder vote in April.They are basically giving shareholders £350M equating to 3 pence per shareholder.

I don't know where the SP is likely to go in the short term but what i do know is BT is very cheap and very safe. which isn't really shorting material .