Member Info for expatwelsh

Interest in bids surely More likely as dollar reaches parity. Will also help DT and Drahi if they are interested in growing their stake.
Would assume bids from USA would pass security tests easier than some others.

Oops ….delete last line of that post!

Thanks to those that recommended my earlier post asking those on this site who think it’s a vehicle to boost the CWU case against the management and shareholders of BT to desist and use it instead for its original purpose of discussing BT as an investment.

From the gormless response I got from BEETEE I was obviously wasting my time .

I’ve now filtered BEETEE,heavy,smasher,bottom_feeder and oracleofoldham and I suggest all regular users do the same.

Denying these nutters the oxygen of publicity is the only way to stop them taking this site over to push their pro strike agenda.

It’s apparent from the response I got from BEETEE that

What’s happening to this board?
Its purpose is to exchange views and information on BT as an investment not to moralise and spout about morals,values, ethics and whether or not investors and management have good ones or indeed any at all.
Like it or not shareholders do have a voice , admittedly institutional investors have the real say but at the end of the day if the norm becomes that shareholders views don’t matter then goodbye British business.
A large part of so called institutional money is actually ordinary peoples money through pensions, insurance investments and group savings plans in ISA s and much more. If anyone thinks those in control of those funds e..g pension trustees investment managers would let their money stay in companies and investment groups that accepted some of the views on this board that shareholders are bottom of the pecking order they are deluded.
Employees implement the work deemed necessary to achieve the company’s objectives which in turn are set out to support the strategic direction agreed by the Board which in turn is responsible to shareholders.
It’s clearly common sense to look after employees and reward adequately commensurate with how the company is progressing but they have no rights or precedence over shareholders.
If these basic truths were to change by some government edict no company will ever be able to raise new capital in the UK,existing share values will decline to such a level that the world’s asset strippers will acquire and destroy British companies and with them the jobs.
We can exchange insults and views on the fairness or otherwise of how things work until the cows come home but this little board isn’t going to change a thing.
Can we please get back to Posts on BT as an investment and only things related to that.
No one is going to convert people who think differently so the workers versus shareholders posts are just a waste of time.

I wouldn’t read too much into supposed analyst assumptions. I say that because the article says they update their DCF projections every day. If they’re doing that I suspect a set of algorithms prepares 98 % plus of the “analysis “ unless they have legions of analysts which seems unlikely to me.

Just repeating the words on the RNS. Where there were sales on the other people the words “principally for tax purposes” followed the info on the sale. For those two there were no such qualifying words to explain the sale.

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 !