Member Info for Carrington

Added at 120.6p

gla dyor etc

Only Kintbury hanging on with a short and taking one hell of a beating (see below)- this position still has to unwind - oh dear - no bonuses at Kintbury then this year mwhahahahahahahah
gla dyor etc
https://shorteurope.com/details_company.php?company=ROLLS-ROYCE%20HOLDINGS%20PLC&land=united_kingdom

Hey Arsinal17 - we told them all matey didn't we - unfortunately some didn't listen including Kintbury !!!!! - extra g and t for me and Mrc C tonight before dinner - gl for the next couple of weeks my friend - 150p must be on the cards baring extreme macro/micro economic turbulence.

The beginning of the end for the altnets - best to wait until they can be taken over for nothing at all rather than paying good money now imo -
https://www.cityam.com/virgin-media-eyes-100m-takeover-of-trooli/?utm_source=dlvr.it&utm_medium=twitter

Only Kintbury hanging on now on the shorts front and they are taking a beating - see below - just over a week to go before results - never a good look to be down on ones investment before reaching a pivotal moment, just ask Nick Leason -
gla dyor etc
https://shorteurope.com/details_company.php?company=ROLLS-ROYCE%20HOLDINGS%20PLC&land=united_kingdom

Sharon White tried her level best to ruin BT and she is doing the same now with John Lewis - I read the article on cityam written by an alt net guy surprise surprise, bleating like a little boy and blaming BT when the truth is the altnets have borrowed to the hilt to compete with the big boys and come unstuck -
gla dyor etc

Here is a cut and paste for you Fleccy


Liberty Global, the US group chaired by “cable cowboy” John Malone, has bought a nearly 5 per cent stake in Vodafone, as it bets that forthcoming deals and restructuring will revive the beleaguered UK telecoms group.

Denver-based Liberty Global has acquired 1.3bn shares, representing 4.92 per cent of share capital, financed mostly through derivatives, and requiring only £225mn in equity funding from the group. The company said it would not seek a board seat and confirmed that it was not considering an offer for Vodafone.

“The stock’s cheap — it’s an opportunistic and financial investment,” Liberty Global’s chief executive Mike Fries told the Financial Times, adding that his company had $3.5bn in cash to “put to work”.

Fries said Vodafone had some “interesting catalysts” for potential value creation, including a proposed merger with CK Hutchison’s British business Three UK, for which talks are still ongoing.

“We only [operate in] one market with four mobile players — everyone else has consolidated to three — Ireland, Belgium, Holland, Switzerland. The UK is an anomaly,” he said. “We’re patient. We don’t know that any one or two things will happen overnight but we understand the publicly disclosed strategy and we think it’s a good one.”

This just came through on IG Index - Liberty purchases almost 5pct of VOD - Malone is saying what we already know - VOD is cheap - he's larged it with almost 5pct and is confident of a merger with regards to 3 mobile as telecoms in Europe consolidate - for me this article is telling you all you need to know - in laymans terms load up
gla dyor etc

https://www.ft.com/content/1ef28c4f-24e9-4026-82ff-10e688c48842

Shorts getting absolutely hammered atm - down to 1.8pct now - see table - the closing of positions is fuelling the rise and looking at these positions there will be more closing pdq - 100p is on the cards my friends
gla dyor etc
https://shorteurope.com/details_company.php?company=ITV%20PLC&land=united_kingdom

NEX is almost trading at the level it was when there was no cure for the pandemic - really? - the unknown news if there is any would have to be pretty cataclysmic to top that - tree shake going on and looking at the sells going through it is either short funds dripping in the odd couple of quid or private investors messing their pants and panic selling - I am selling nothing and will continue adding if it keeps falling
gla dyor etc

Shorts can do as they please all the way up to results day on the 2nd March - my own feeling here is that shorts will reduce their exposure on the lead up to results - inflation is dropping pdq at the moment with a massive fall in gas prices, oil, wheat etc etc still to be factored into future inflation figures - unions know this and are trying their best to secure deals while inflation is at a peak - gov is holding on for lower inflation which they know full well is coming down the pipe - I expect some good results on the 2nd March - if the shorts concur they will reduce exposure over the next 4 weeks - lets see
gla dyor etc

All unravelling for the altnets - why would anyone want to actually invest in these now? - no revenue prospects, no scale and no hope left soon - BT will mop up the residue - adding even more customers to their books - as me old grandad used to say there is never an ill wind that doesn't blow some good -
gla dyor etc

Added some more here this morning on the back of the India equity debt conversion

https://www.reuters.com/business/media-telecom/indias-vodafone-idea-rises-after-order-convert-2-bln-govt-dues-into-equity-2023-02-06/
gla dyor etc

I said in a post a few weeks ago that the Equinox proposal would fly through with OFCOM - why would a Government body oppose a reduction to the monthly spend for Joe public at a time when everyone is scratching around trying to make ends meat - as an aside I love the way Jansen is being bullish re the current bt build being an unstoppable machine - the altnets will fall one by one as money dries up and BT will mop up the residue - bring it on - blue day again for me today - lets see
gla dyor etc

One has to ask oneself the question - without the capex, high inflation, high fuel costs, funding 85pct of staff with a very generous pay rise what would the profit have been here - we know fuel is coming down, we know inflation is coming down and eventually the capex will cease - markets are forward looking, always - think about it - when the dust has settled here BT goes higher much higher imo

gla dyor etc

"Some companies realise shareholder value without having to sell part or all of the business." - True but how long do you wait BE - you cannot wait forever, this is why ITV brought up the Studio sale in the first place, as they were sick and tired of the company not being valued properly as are most of the investors in ITV
gl dyor etc

B.E - The studios are worth 3B - that is a given on analysts estimates - on that basis the remainder of ITV is worth a minus at the moment as a separate entity or at best is worth zero - selling is the only way to realise the true value - either sell ITV studios or sell the whole company
dyor

The only way to realise the true value of ITV is to sell the studios - the estimate for it is 3B which is the current overall value of the whole of ITV atm - so sell it for 3B realise the value for the shareholders then when the sale goes through cash your shares in for a huge profit and move on - I have no sentimentality here, or with any share, I am here to make a substantial profit not hang onto the shares and wait for the fallout after the sale has gone through -
gla dyor etc

PSK - It is on the shortracker post I put on a few posts earlier - Naya is underneath the disclosed positions section - they reduced from 0.56pct to 0.40pct on the 25th Jan
gl

Can be read either way guys - the 0.40 Naya will not show as below 0.5 - the takeaway from here is it was at 1.44pct only a few days ago - that tells you all you need to know
gl dyor etc