Member Info for CrystalBallBroke

That's an interesting angle SFH, by reducing the number of shares in issue, you effectively reduce the dividend cost overall, thus making it easier to maintain, certainly one take on possible reasoning.

yeah sounds like utter bull sh it, someone can register an objection, and request a delay, so they can "further investigate" what a crock of sh it.... doesn't even give good grounds for objection, other than we want to be a tawt to an opponent in the same field, and we'll use the government to slow them down...... of course the systems not broken!!

https://ttabvue.uspto.gov/ttabvue/v?pno=90511007&pty=EXT&eno=1

what's your take on it guys?

Initially it looks like Goldman Sachs has been tasked with a phase 1 repurchase of 150 million worth of shares, with phase 2 planned for the remaining 150mil.

It's been touted as, "the purpose of the buyback was to hand back excess capital to shareholders."

personally I call bs on this, because the SP is still in the toilet, we're going to struggle to make revenue targets and we've lost what, circa 40-45% of our SP value in the last 6 months alone? with zero light at the end of the tunnel.

would have been better off keeping that cash on the accounts or giving it back to us as a special-divi at least this way we'd see some return, right now, and i don't see it improving, reducing the shares in issue is going to have diddly-squat effect on SP or company value, in my eyes, pi.ss poor decision.

looks like things have slowed down again this morning, only a couple of trades, although that said it's not alone, it's not exactly a positive looking market this morning.

my target was way north of there, but i'd take 2.9

Correct Hoofer.

they can, they just don't want to because they want to mislead

despite what it says here, my live price on H&L is showing us up over 10%

no RNS i can see.... somethings afoot

I hope so, we're a long way from the highs of 2017

it's a fine line for sure Erik

as for the strikers, I don't think any one photo will ever be respective of the wider group, that said, there is this assumption that, as someone put it (lol) it's all the old dinosaurs that are striking, when in fact, if you think about it, that group are on the historically better pay and pension deal, that is in some ways protected from recent changes etc, so they are unlikely to be the ones rocking the boat so much so to speak., in my eyes bonus driven pay schemes are nothing more than a way of reducing pension liabilities and cost the workforce in the long run, that said, there does need to be a balance, because there comes a point where pensions burden in the future is unsustainable.

having a stake in something is different to owning it, they are nothing more than a shareholder unless i'm mistaken, and in crippling the business/company will see the sp fall and other shareholders leave, causing a downward spiral.

hiya tony, yeah, perhaps that was it's intention, however, priorities change, and also a government stepping in and dictating what a privately owned company can charge is over-reaching, new pm will have many things to deal with before they are ousted at the next election, as i can't see anyone voting for those 2 poor offerings.

they need to stop thinking of BT as a national asset, it's not, it's not theirs anymore, the infrastructure does not belong to the government

that is always a possibility, but, it's not just BT that increase prices, and if they rescind that, then they would have a pretty hard battle on their hands if they try to stop a private company increasing it's prices, when the rest of the sector is doing the same.

wouldn't surprise me {rolleyes}

yeah, slow steady climb, now at 6.60 but was over 7.15 when i first checked.

still nothing from H&L, no reply to my secure message, nothing showing in the account corporate actions

{sigh}

i'm not locked in by any means, but i did want money available for tomorrow as i think IAG will crash on their results and will be a good time to get some more.

perhaps fleccy, but it can't be denied, the dividend is not enough to justify holding for, not when you see the abusively high bonuses issued to themselves by the BoD, most of the results to me didn't look to bad, but i didn't like the look of the high Net financial debt and lease liabilities figures

yeah, and i'll drop 5% more on ex-divi day

yeah that's the standard letter she's been coughing out to everyone that asks, my last request has been completely ignored.

another phone call is obviously needed, but the corporate actions team are firewalled behind the customer service team and you never get to speak to them unless its via electronic message.... beginning to get ****ed off with H&Ln and considering looking elsewhere

no, it'll be in the 150's next week, knew i should have ditched this a couple of week ago