Member Info for expatwelsh

Fair comment, also to be fair to AK the losses were expected and normally little lower than worst case. As long as government stifles competition in the name of competition BT is limited in what it can do.

The question is why? Is the block on further Bharti investment enough to cause a drop of 17% from recent highs? Market cap down £ 4 billion pounds. For what? OK results ,improved focus on growth, capital spending ramping down. Every day recently a rise in price gets reversed. Can’t see much logic to it. If Bharti backed out possibly a sign of a long term loss of confidence would justify it but below £2 when AK has yet to fail to meet expectations doesn’t make a lot of sense.

Any thoughts?

As ever it depends what you ask. I asked if the assets could be transferred to Openreach before a sale. This is the answer:-

yes, it is entirely feasible to transfer the assets into Openreach and sell the combined infrastructure-and-operations business as a single entity. The difficulty is not whether it can be done, but whether regulators, investors, lenders, and BT's shareholders would agree that it is the best structure.

Again, the belief that today’s structure is eternally set in stone is for the birds.

Probably won’t happen but it’s naive to believe that the financial transactions aren’t possible.

The only thing that stops any change is the last sentence of the AI response and that is getting all the stakeholders or enough of them to agree would be difficult.

Doing the accounting would be the least of the problem.

We all like a bit of confirmation bias when we get our questions. Answered but The truth is absolutely that what ever the Board of Bt wished to sell could be parcelled up financially to be sold. It’s not impossible by any means at all.

The fact that Openreach don’t own the assets now means nothing. It’s just accounting to switch the BT assets to an entity including OpenReach. There are many reasons why Openreach won’t be sold but shifting assets from one place to another isn’t one of them.

Bidboy, nice theory but if they won’t allow an increase to 29.9 would a bid reach be feasible? Your point about DT leading is a good one. When KS is cosying up to Brussels it would be harder to say no.

Bidboy, nice theory but if they won’t allow an increase to 29.9 would a bid reach be feasible? Your point about DT leading is a good one. When KS is cosying up to Brussels it would be harder to say no.

Good find fleccy,What a load of rubbish. Talk of national resilience when they would have no more control than now but by the increase in inward investment would show both confidence in BT and the economy.

Talk of resilience is set aside when the government’s agent OFCOM actively undermines the company with its continued restraints on competition.

As long as this bunch of student politicians are in control at Westminster we are in trouble.

Another case of saying they want strong performance but doing everything they can to stop it.☹️

It’s a mystery.

Another mystery is why the price drops 2.5% when the trade this morning is so very thin.

I think a lot of it is computer automated selling.

reports come out with words like revenue down, customers lost, cost savings increased and the systems wet themselves as it sounds like trouble is coming.

real people will take control and prices will change, BT isn't worth 5% less because of the update or the meeting this morning.

Doesn’t that also mean that someone also bought 550000 ?

Aus , are you an adult? You seem incapable of discussing differing views without resorting to name calling. Grow up fellah.

Barred again

His employer UBS asset management own £431 million worth of BT shares on behalf of clients. Looks like they don’t listen to the UBS in house “ expert “ on BT ! I see he’s raised the price to 170 perhaps he’s changing gradually to save face 😀

The share price has moved though. It’s 50% up from the 52 week low. Isn’t that because of perception by the market of movement in the fundamentals?

At the end of the day it’s the share price that counts isn’t it?

Good article, thanks. I do find it extraordinary that the UK tax payer is funding an altnet ( Gigaclear) through the National Wealth Fund which competes with BT. At the same time they drive OFCOM to keep the lid on BT competitive activity. This board has often discussed the illogical nature of the altnets business plans with regard to investment and challenges they have to achieve a payback and service their debts. It says something about the clever analysts that this self evident fact is only just dawning on them after years of forecasting the demise of BT.

26 million shares sold at 16.38 Friday off book trade.

second time in a couple of weeks very large off book sales have occurred.

Is something afoot?

Four years plus at £700 k our Chair is also Chair of Experian so now , with Whitbread,thats three companies.

I don’t recollect any public actions of note or media work to support BT or improve its relationship with government and its agencies.

Does anyone know what value this expensive person has brought to BT since he has been in post?

I recollect his predecessors were much more visible.

At 15.13.34 off book today

Love “ iron chicken mouth”

Thanks , I will use that elsewhere 😀

Reasonable argument except that 75% of FTSE 100 companies revenues are achieved outside UK. All around the world so valuation won’t necessarily be hit in the way described.

Just shows how AI sometimes isn’t. A tiny Romanian investment into a few pilot geographies sparks a 1.2 billion drop in the UKs leading telco . Unlikely, I find it’s worth challenging ChatGPT answers and it very often comes up with a different one !

It’s more likely catching up with market falls and some shorter games.