Member Info for EMMJANE

Us mkts (Dow snp and nasdaq all flying today)

Ftse and bt going to have further gains this week. 170p on cards now for next week imho

Tuesday not Monday should read

Also April in last 8 years has been up months for global stock markets. Hopefully this April it carries on. Us non farm payrolls exceeded all expectations of 900k new jobs created for month compared to 600 odd k expectation (in normal times 200k was seen good) so mkt sending us futures and ftse futures higher today.
Looking for a very good positive open for Monday as growth expectations on the reopen actually seeing signs of being exceeded to drive mkts higher.

Us snp500 hits all time high off 4000 for first time, it ftse 100 had same valuation metrics it would be 9500.

Uk mkt so under valued

Value is definitely the new momentum trade, as passive funds have to follow momentum

Quite shockwaves going through mkts and banks from this hedge fund needing to close positions and hitting some banks for massive losses as so leveraged.

Hopefully he’s short bt that he needs to unwind too.

“Us mkt abd ftse futures pointing to very strong start for Monday. Ig weekend futures pointing even higher, after boris confirming the road map looks on course.

So I see minimum 1.52 on Monday”

152 high already. Hopefully more later

It certainly has given false hopes in last year or two. But think we definitely fundamentally on the upward trend now, with important critical good news from offcom and a underweight uk and value stocks that is starting to turn favourable to overseas investors and bt falls top of the pack in those picks

https://www.google.co.uk/amp/s/www.telegraph.co.uk/business/2021/03/28/sir-ian-cheshire-ex-barclays-boss-eyeing-bts-chairman-role/amp/

Us mkt abd ftse futures pointing to very strong start for Monday. Ig weekend futures pointing even higher, after boris confirming the road map looks on course.

So I see minimum 1.52 on Monday

Strong late us rally again sending ftse futures higher again for Monday. Should be another positive day Monday if ftse futures anything to go by.

Strike is pretty irrelevant in long term of bt share price as it was at rmg on its share price. Even the pandemic which is much bigger than any strike can’t keep this share down anymore from these ridiculous levels

That 149.5 area been very resistant all week. However on technical basis, feel we may have chance to take it out tomorrow on its 4th attempt this week after the consolidation phase , which negates now the overbought status, which we have seen since recent rise.

Us mkts closing very strong to give ftse futures and bt good positive open into tomorrow

I agree carrington the cost of £88.5million for the one off bonus is great way to reward the workers and passing on some of the good news bt received last week and help workers feel the company looks after them as they carpet Britain with fttp. This can be a win win for everyone.

I always thought as a side issue all doctors and nurses should also be rewarded with a one off pandemic bonus too, with a one time small tax charge to partly for it. I’m sure it would be unanimously popular small tax to pay by public.

https://www.google.co.uk/amp/s/www.telegraph.co.uk/business/2021/03/24/bt-dials-bonus-frontline-workers/amp/

Velo - the bid is good for couple weeks just in case. I honestly don’t think we will see it either.

I personally thought today’s range trading was just absorbing the quadruple witching hour selling on Friday, with the uptrend resuming for the rest of the week, which is fine as invested overweight here anyhow and would go more overweight if price gifted us below 140.

But us mkts continuing higher tonight, so hopefully uk mkts and bt can retake the 150 and close above in next couple days.

I can see the pension review seeing bt contribute much less per annum than all analysts expect apart from bereberg who also think analysts to high on that too

Below is the actual link uk government published. Friday

It looks like they talking to star link for the extreme remote areas as highlighted In the government dossier.

Lots of tenders to be won by openreach in their too. They also note at end of article the tax rebate on investment. Reads very positive to me

https://www.gov.uk/government/news/government-launches-new-5bn-project-gigabit

Interesting g article

https://www.cnbc.com/2021/03/22/elon-musks-spacex-starlink-in-talks-with-uks-project-gigabit.html?__source=sharebar%7Ctwitter&par=sharebar

I’m in at decent levels here from 9mth ago, but I’ve also left bids between 136.5 and 138.50 just in case it has a last silly technical move lower to fill the gap that is left from the 5g spectrum news area last week.

Don’t expect to see that level again (but is chance on technical move) but will definitely add there to existing position.

After the very good news delivered this week, if the sp falls back into the 130’s I’ll definitely be adding more new money as clearly with the news favourable to bt for long term earnings snd the pe so low, it is now even more of a bargain with this favourable offcom report and savings on 5G licences, than what it was at £1 with those uncertainties hanging over bt. (But even with those uncertainties bt was and is just miles miles too cheap on all valuation basis.

I expect if any further dips below 140, there will be a lot of buyers now.

Only couple of outstanding issues to find out is bt pension deficit in upcoming report, the £1.5 bln govt rural investment details that is due imminently and the remsining 5g licence auction and the 3 yearly football sports rights auction. But notwithstanding those few items. This should be around £2 already.

I’ll definitely be adding though if I see below 140.

It was apparently triple witching day today in mkts with lots of volume and volatility. Which created the ftse and Dow volatility today

Expect to see onwards and upwards next week. Monday May spend day absorbing all trade for today but bt still has positive momentum