Member Info for expatwelsh

No,that was £14 million

Let’s hope whoever did the 16.37 p.m. buy of £6 million knows something we don’t and better times are on the way.

That was the uncrossing trade.

I’d say never defend or dispel rather than rarely. In fact as a long term shareholder I wonder why Crozier and Jansen don’t show any sign at all of being concerned about the massive loss of shareholder value in recent years. Anyone know if share price is included in their bonus plan?

Sorry Handy ,I’ve Got an assorted nutters filter on but in fairness to other posters. I’ll try and resist anything that may increase the ongoing flood of flatulence that these people produce……Ooops! Must try harder……

that’s good news ….does that mean the union nutters will leave this site? We can only hope.

Hi Casapinos, yes I understand that Equinox 2 is about pricing to wholesale customers. Those wholesale customers are , I think, all resellers-to end users. The input price to them from BT will surely be a major determinant of their end user pricing. Any of the altnets could offer geography based deals to the wholesalers but as you say none could offer the breadth that BT does. I’d say that the strategy must have had an eye on both retaining the wholesalers and enabling them to compete hard for end user customers against the altnets. I’d say that OFCOM has to accept that forbidding BT to price to win is in itself anti competitive and damaging to customers. If they wish to dictate their view of “fair” pricing then we end up with caps like utilities for all end users which would mean windfall profits for some providers and disaster for others. They just need to stop even think of trying to tinker and let the market work. it’ll be interesting to see how the appeals go but I agree with whoever it was that said it wouldn’t be a good move to legislate for higher prices in the current climate.

Predatory is debatable. Yes they are the largest player but I’m renewing my contract at present and every other supplier from people like Sky and Talk Talk to newbies like ZZoom and Truli are quoting cheaper contracts than BT.
Perhaps providing competition and protecting long term provision of what government ministers have described as a national asset to be protected is a fairer description given the environment BT has to operate in.
OFCOM and government surely cannot threaten interference if ownership of BT is in question when it is underperforming in the market and in the next breath shackle it with more interference when it takes measures to protect it’s revenues.

I agree with others,Customer service is good.My contract is ending and I’ve called a few times and got through quickly each time. The move to bring most telephone contact back to UK from India also improved the service/fault response. What I don’t understand is the unwillingness to discount renewals. I’ve been a customer for decades and I’m going to move as the new customer price is significantly below what I’m being offered. The most likely choice will be Plusnet which of course is still BT but two thirds the price!

Share price hit because of strike.
Share price hit because strike resolved.
Hate to see a major increase in profits as the share price would half over night.

Agree, Beats me why the admins don’t bar them they’ve been reported often enough.I’ve barred all of them but this board isn’t what it was.
Pathetic that they think their ravings on an investment board will make any difference at all to their dispute.
Sad people.

I’ve worked for a couple of companies that wasted cash on buybacks that made no difference to share price. Is there any hard evidence that they work?
If they have spare cash it would be better spent paying down debt.

To be of concern or not to be of concern?

Today’s Sunday Times business section has articles predicting that OFCOM are planning supplier of last resort arrangements to take on customers of failed altnets.
The scheme will be modelled on the one used in the energy sector.
No surprise that the likely Supplier is BT.
Having undermined BT for years OFCOM by allowing over 100 altnets to chase the same market the building of duplicate networks in the same areas looks to be leaving many altnets in danger of failure. The article forecasts as many as two thirds of altnets looking in exit the market in the next couple of years.
What will this mean for BT?

Thanks,that does answer the question perfectly clearly.

Thanks for that, I did train as an accountant many years ago but obviously the wrong sort!
I guess it's an actuary we need but your stab at it seems sensible except as you say there are some unknowns in terms of impact. It's certainly a black art. I see the drop has made the front page of the FT today so it is seen as a significant hit but as the stock price hasn't moved much it seems that those who do understand these things don't appear to be worried too much. Having said all that I do wonder if questions need to be asked of the Trustees as having an investment policy that allows a twenty five % loss of asset values due to a single shock makes me think that they're not as cautious as they should be. If the scheme had benefitted from the various things you describe and investment policy was such that the loss had been halved the scheme would have been in a significant surplus I would assume.

Could anyone please explain how the asset base goes down 11billion due to gilts crashing but the funding improves.

Thanks

I know nothing about fashion but would assume that to a large extent much of the loss of volume amongst younger generations may be compensated by slightly older consumers trading down and using ASOS when in better off times they’d have gone elsewhere.

Am I missing something?

Saw this on another share I follow….some familiar things in it i thought.

https://www.griproom.com/fun/10-signs-your-company-is-about-to-be-acquired

To be honest I don’t think the size of any bid is that important, this share has been stuck since the Italian Accounting mess. Market perception of BT is fickle.One moment BT is a critical element of the nation’s future building the infrastructure that will help make UK successful and must be protected at all costs. The next moment it’s a slow moving debt laden shambles off a company led by people who know nothing .A week later it’s a rapacious corporate villain abusing employees and ripping off customers to fatten up overpaid execs and undeserving shareholders.
A serious bid of any level may be just what is needed to crystallise a clearer view of what BT is really worth and why.