Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Handy ,you are right all except Allera and Mehta were for tax.
I missed Allera, that’ll teach me to read to the bottom. That raises the same question I asked about Mehta and I think it unlikely that they will both be for the chop.If anything it’s even more of a concern that someone in Allera’s position shows so little confidence in BT share price growth prospects.
Hmmm...That would explain it.
Maybe but a restricted stock award when exercised will be taxed as income so she won't net that £295k. I'm sure she must also have extensive assets to use for a purchase looking at her background. If she'd sold enough to cover the tax that would have been more understandable, as it is I think it shows a lack of confidence from someone who joined to drive rapid change and I assume improved profits and consequently higher share price and so more money for her. Hanging on until they reached £2 would have paid a good chunk of her tax liability............if she thought they were going to hit £2.
It's all supposition so only time will tell but It's nice when senior management display confidence in the company.
Looks like the Digital and Innovation Officer doesn't have a lot of confidence in BT.
186K shares given under the restricted option plan and immediately sold.
Maybe she could tell us something we don't know!
And every other sector is increasing prices.
HM Government can’t put constraints on who owns BT, swear that BT is essential UK infrastructure, key to UK security and also undermine it’s continuing success at every turn.
If they are to limit private companies price increases the place to start I’d have thought is Energy.
I just checked again and it is still on page 106 of today’s digital edition of the Telegraph in a section headed Telecommunications using the original headline. It’s on their website under the different headline and complete with photo of said cowboy.
Fleccy…Hi, I’m a Telegraph subscriber and as you say it’s behind a paywall. I just googled the headline which I either mis read or has been changed ,it worked without a sign in, try this : ‘Cable cowboy’ takes on BT broadband with £4.5 bn rival network.
NDN, yes I stand corrected it is Trooli and we too have coils on every telegraph pole!
Another Telegraph article with VM02 propaganda in today’s edition.Includes inference that SKY will look at leaving BT and go to VM as wholesaler. It’s another old news and guesswork article but why bother? Definitely an agenda here. I wonder why BT bothers to have a PR department and also pay external consultants.As things stand all they do is stand by and watch so called news that’s obviously designed to rubbish BT be spread around media and refreshed every month or so. Time BT started to blow their own trumpet and highlight the challenge VM02 will have to get even close as a provider and exactly how much debt they’re going to end up with. In the area I live Zoom and Truly have both taken fibre to every house in the past year but I’ve not heard of a single household taking up a contract. The barriers to success for new providers are enormous but BT just sits there and allows all and sundry to take pot shots at their business model regardless of the fact that their strength as a leading existing supplier is enormous. Wake up Mr Jansen and do your shareholders a favour.
The Daily Telegraph chooses today to publish an article titled “BT to sting customers with a £53 increase in broadband package price rise” the article restates customer contract terms of inflation plus 3.9% and guesses inflation for next years price rise. It also reports on Jansen’s 32% increase and re runs the strike story. The whole article is non news regurgitated from numerous other articles in the past. Is it a coincidence that its come out today when the share price is in free fall despite OK results? I’m always dubious about claims of market manipulation but today I’m wondering if Fleccy is correct in his assertions of black arts in play.
I just wonder why regulators never look into a share that always goes down on news whether it’s good,bad or indifferent.
Good idea.
Workers reps would certainly grow costs and reduce revenue……..oops!
Would that help?
On foreign ownership……..today’s papers report that the satellite company the UK government have a share in as the result of a rescue is up for sale to Eutelsat. A French owned company.This company is presently providing broadband to parts of Russia.
Double standards?
I wonder if the CWU and striking workers think at all of the irony of their attacks on BT being announced on the same day as the competition steps up its search for a better way to challenge BT in the market. If those that are striking feel hard done by now just wait until BT is in a price war with a resurgent VMO2.
CWU do have contempt for shareholders but they do seem to want to be treated equally with shareholders.
Perhaps BT should adjust their offer to strikers to reflect shareholder returns over the past five years, that would show they are listening and also save loads of cash !
Looks like the union trolls are out again.
Strike pay is also tax free as HMRC says payments are not earnings……..even though they are income……..and the name of the tax is Income Tax ??
Is an imposition now defined as something one doesn’t agree with?
Hi Fleccy, I hadn’t realised that all holdings through a broker were on the register under their name. I suspect you’ve mentioned the culprit though,I only use this site Trustnet and Simply Wall Street referencing BT so probably time to update passwords. I remain perplexed as to the payoff for the people who called me but they’re organised for a reason. Interested to see if any of the other users on this board get a call from Jessica B.
Hi Ww,I also hold my shares through one of the large platforms and can’t fathom the scam.However they knew I held shares ,they knew my name and they were trying to get information and when challenged with fact they hung up. In my experience if it looks like a duck and quacks like a duck it’s normally a duck :-)
Just a warning to watch out for some rip off merchants apparently targeting BT shareholders in this time of potential bids.
I've just had a call from a person calling themselves Jessica Brown apparently representing a firm called Powell Associates.
My number is ex directory so who knows how they got my number but she said that I had been contacted because I am a BT shareholder.
She said her firm was representing a (UK) multi national mounting a hostile bid for BT having secured support from institutions covering 43% of shares issued and was making a first come first served offer to individual investors with a minimum price of £5 and maximum of £15 to secure the remaining 8%..
She said the precise detail of any offer would be available when I had given an e-mail address to receive details of the offer and in return provided details of my holdings for "verification".
When I pointed out that what she proposed didn't appear to comply with Stock exchange take over rules she hung up on me.
I must assume that they accessed my name from the shareholder register so I'm sure they are trying this on to hundreds or thousands of investors with ,I presume, the objective of somehow gathering enough information on a shareholding and shareholder to somehow con a third party into paying them for shares that they don't actually own.
I don't have a clue exactly what is going on but I do smell a large Rat !!