Member Info for EMMJANE

Thxgbizzle

Wow there’s a lot to read. Anyone who can summarise it please say

No takin - I do agree today’s move was the 5G news together with some speculation of good ofcom report, but do think the ofcom report has more upside if fair to bt

Does anyone know the time the ofcom report published tomorrow?

Great day and last couple weeks.

Hopefully tomorrow gives us good day too. There may be a danger that the ofcom report is very good and the shares rally again only to be sold as it could be near overbought territory for short term.

But a short term retracement if it happened after the rally would be a healthy move to buy into for lot higher.

Not saying there may be a retracement back but after such a good few days for bt it could happen.

7.50 would be amazing. Got to admit I think I’d have probably sold mine by then. But if I had the discipline to wait till 7.50 then the ice creams definitely on me lol

Anyone sold any on this rally before ofcom tomorrow

I haven’t sold a bean as feel the fair value of this company is between £3 and £5 on all financial metrics compared to historic avge metrics

150 breaking should see 200 in next few months. Next resistance level up there. But yes a minor resistance at 158

I think Janson is no fool. He makes sure the bet/price paid is worthwhile on future returns. He’s proved that with his stance about the investment into fttp and the upcoming ofcom review. He will walk away from the investment if it’s not viable

Tbh the news of the return is not new news on ofcom allowing fair return, as that was well flagged, a couple months ago, however the critical part is the detail that Janson wants ofcom to put down ie the length of the return and many other factors as highlighted in his last quarter earnings and podcast.

So the detail on Thursday will be the big mover and shaker in bt share price, but wouldn’t be surprised more detail being leaked a little before

Evening all.

Big week next week. Massive rallies tonight this week in us mkt as every household in us about to receive this weekend at least usd1400 of stimulus/helicopter money in their bank account, together with some other state help stimulus too, adding up to a whopping usd1.9 trillion, which the value mkts (Dow have exploded upwards this week, to finish at 32800 from start of week 31400 area.

Same time ftse crept up, but futures tonight suggesting a volatile gap up next week, together with Citibank saying today uk mkt is by far the cheapest mkt out their to it’s investors.

Same time the us stimulus usd1.9 trillion money, a lot is expected to go straight into global stock mkts as it’s gone to every household and the middle classes are already awash with saved income during the pandemic, so much will be directed straight
to stock market.

Us mkt in my opinion this week especially already ramped price of their equity mkt on expectation of all this cash, but some will be finding its way to ftse too as us funds finds homes for all these income flows.

Also next week I see the funds hedging some inflows into bt at this price as ofcom report nears, together with pension valuation.

Next week is going to be a very volatile week and I see us starting Monday heading back towards 143, with rest of week to play for with some big moves thereafter for couple weeks

Place your bets ?

Shares take no notice of cwu ballot shares open slightly up in line with ftse rise

When same thing was happening with rmg last year shares didn’t go down at all even on announcement of yes vote at ballot.

Look at rmg shares now.

Cwu have a history of messing up ballots and making them illegal. Look at their ballots with rmg last year

Interesting comments from ceo Ian Wilson of land g on uk mkt today

The U.K. can expect a surge in deals activity this year as companies are still “incredibly” undervalued, according to the head of the country’s largest life insurer and investment manager.

Legal & General Group Plc Chief Executive Officer Nigel Wilson, a long-term champion of investing aggressively in parts of the U.K. that have fallen behind, urged firms to get behind a push for more local corporate spending.

“There is going to be a lot more M&A in the U.K., because U.K. companies look very cheap,” Wilson said in a Bloomberg Television interview on Wednesday. That’s despite the pound rising more than 7% against the U.S. dollar over the past 12 months.

Wilson encouraged the government to move ahead with plans to change rules for initial public offerings, saying the country could not be “putting our head in the sand” on how to attract top technology and biotech companies.

He was speaking after Legal & General reported a 3% fall in operating profit to 2.2 billion pounds ($3 billion) and an unchanged dividend for 2020. It had already warned investors in November of a “pause year” with payouts likely to be in line with 2019.

Contd

. The hunt for a new chairman will be led by former Centrica boss Iain Conn. Ian Cheshire, the former Barclays UK chairman and retailer who took over as chair of Spire Healthcare last week, is vying for the role. BT’s stock dipped 3 per cent on Monday having staged a recovery over the past month, with news of du Plessis’ retirement having raised hopes of a more radical restructuring. The government’s introduction of tax relief for companies investing in infrastructure also boosted shares as this could provide short-term benefit to the company’s fibre build plan.

FYI just in the ft

Philip Jansen, the chief executive of BT, has come under pressure from the company’s independent board directors after he threatened to resign unless Jan du Plessis, chairman, retired. The telecoms group on Monday took the unusual step of issuing a statement in response to a media report by Sky News, published three days earlier, over Jansen’s ultimatum. A week ago BT announced that du Plessis would depart. The FTSE 100 group said du Plessis “demonstrated strong leadership of the company [and has] been extremely supportive of management and any suggestion that he has impeded the transformation of BT is without foundation”. The company added there was “no misalignment” between the board and the executive management over strategy. One person with knowledge of the situation said a number of the non-executive board members were “extremely annoyed” about the implication that the board and its chairman were a roadblock to a faster turnround of BT. “There’s been a lot of phone calls over the weekend,” the person said. One board member said the Jansen’s move was seen as an assassination and that was proving “hard to swallow”. Another person on the board said it was “ridiculous” to suggest the chairman had held the company back but said Jansen’s job is not at risk despite the public fallout. One large shareholder in BT said the statement was a “non-denial denial” of a boardroom rift. They added “it is bad for [Jansen] to be seen to be wielding the knife,” and expressed concern that recriminations over the change in chairman could undermine the chief executive’s position. “He can take BT where it needs to get to. This needed to happen,” he said. Du Plessis appointed Jansen, the former Worldpay chief executive, to replace Gavin Patterson as chief executive in 2018 but the move did little to halt the slide in the company’s share price which ticked down to a 11-year low last year. Jansen, described by his colleagues as an “assertive” chief executive, has held talks over the past year with du Plessis about making the group’s board quicker to react to improve BT’s fortunes but has been frustrated by his more conservative chairman, according to multiple people with direct knowledge of the situation. Recommended LexBT Group Plc UK budget/BT: deductive logic Premium Du Plessis declined to comment. Senior BT staff said they were “perplexed” by the abrupt move to change chairman only days ahead of a major regulatory overhaul of the telecoms market by Ofcom. The company faces a critical three month period during which time it will also participate in a 5G spectrum auction, a Premier League rights auction and a new funding arrangement for its pension scheme. BT has said it wants to appoint a chairman with a technology background to replace du Plessis. The board already contains tech veterans including Mike Inglis, a former Arm executive, and Matthew Key, the former head of O2 and Telefónica’s digital operation. The hunt for a new chairman will b

Tan ubs is a perma bear. See by resuming upward momentum tomorrow

Additionally raising debt in last month as got more expensive and hence why you seeing the tech sector in us selling off. So there is definitely credibility in selling a stake in openreach if used for growth and investment to gain at least 12 per cent return pa on the investment.

I’m sure shareholders don’t fancy a rights issue at current levels to raise the cash snd dilute their shareholding’s. I’d personally prefer with new rac break they don’t pay shareholders any dividends for 2 years and pay for the investment through sum of that money as shareholders dividends would be invested for a 12 per cent return pa. not bad return.

It would also create growth in the sp as assets go up considerably without increasing debt too much

I guess that if a small part of openreach is sold, the investment would be funded by that means and bt wouldn’t need to raise debt to take the risk of the investment. Additionally it doesn’t have to tap shareholders with a rights issue if it doesn’t want to go down additional debt route. Whereas selling a stake in openreach shares the risk a little whilst the investment is funded too, to allow the growth of by and openreach

You can’t beat the little woods pools man Larry