Member Info for expatwelsh

Thanks for the OFCOM announcement Casapinos, They seem not to see the irony of filling their release with saying how much they’re promoting competition when they are encouraging parasitic behaviour with the altnets living off the investment of BT. It’s fairly standard socialist methodology. Say you’re improving the averages by penalising the front runners rather than supporting success by having encouraging new entrants to innovate and stand on their own two feet.I had thought that the new BT were closer to government but to echo another poster why be an independent company? Is their another industry where in the name of competition incumbents are told to allow new entrants to use their assets? Will we be seeing Amazon using Royal Mail vehicles because Royal Mail had a van fleet before Amazon… of course not? It does make me wonder why this approach wasn’t contested in the courts when it started. Too late now!

Yes CZ she doesn't seem to respond but remember the grief she received when she made a comment about surprising shorts in her first results update. The last guy also got pounded by OFCOM when he dared to comment on likely outcome for some of BT's competitors as the inevitable consolidation occurred.

It's probably best for her if she just concentrates on delivering. If she can just show a small revenue increase in consumer or at least stop the decline and show signs of a Business division turnaround it would confound the analysts and make a breakout to £2 probable.

Share price recovers to 160 Friday and Barclays downgrades from 190 to 150 today.

Coincidence?

You beat me to it lunchbox. The proactive investor article is AI generated rubbish, the fact you point out is in the RNS.

It would be interesting to plot the progress of the price over a few years as it seems that when ever momentum is upwards a negative article or downgrade appears. It’s very noticeable that positive articles and upgrades have little effect other than the time AK gave the positive statement in her first quarterly update. I laugh at conspiracy theories but the way this share over the years does seem worthy of investigation.

Looks like Polo Tang has a new job at Citi 😄

Interesting, they didn’t generate over 60 billion dollars of revenue last year without doing a few things right. Surprisingly no one on the board seems to have an insight into what this is all about. 5% of the outstanding shares is significant so something must be happening. I guess us retail investors will be the last to know. Hope it’s positive for us but you can bet that someone somewhere is making money on the trades.

Anyone any knowledge why a buyer would do this with instruments rather than just buying the shares? Is it because it keeps price down? Could it be the Mexican planning to increase his stake from three to eight percent? Whatever the reason it’s surely good news.

Richox, I recommended your post because I thought it's reference to the regulator was spot on ,I then wondered if it were true but in the almost 40 years that BT has been listed it' been over £2 for just over half the time. Though not for five years of course!

There's hope for us yet !

Ratings are often rubbished on this board with good cause I think.

They do believe their own stories about how knowledgeable they are though.

This is out today:

JPMorgan cuts BT price target to 287 (290) pence - 'overweight'

A one percent reduction !

Insightful or Delusional about the analyst's abilities?

Not sure others in broadband have the size of cost base that BT has in terms of reducible spending, instead they have debt funding that isn’t adequately covered by revenues and as the update shows lower take up on new FPTP. I think the regular stories of altnets having financial issues supports that. I’d guess the price drop is a reaction to the headline revenue drop but that’s in the plan and the profits appear to be locked in by the end of the decade. I agree patience is required but I’m holding on as AK appears to be making progress and hopefully Labour’s rethink on regulation will make life easier for BT.

It’s logical if you believe BT just lets worst case scenario happen. I’ve held BT for a few years and Polo Tang the UBS analyst and no doubt author of that report has never said anything positive about BT . He is an outlier in the analyst community but who knows he may be right but given the choice of believing an analyst who’s been in the same job for the past few years or an Indian billionaire Risking 3 billion pounds on BT.a I’d go for the one with the best track record of success. It’s strange that despite Tangs opinions UBS is still holding BT shares, probably because their clients don’t all believe him either.

168.00

I’m not going insulted , that would be giving oxygen to the idiots. This used to be an interesting board but too many are into imaginary clever points scoring rather than information sharing . It’s become like a primary school breakfast club not an adult debate forum.

Hope you’re right, also hope this board loses the many idiots that frequent it but probably not as they take so much pride from their own idiocy whilst mocking Rod M/ fibrelad/whatever for his posts. More green but little lost as phatkatz and his followers never have anything useful to say.

QED !!

Your answer confirms my initial judgement.

It also lives up to your posting name.

Sorry little man.

Reported and blocked.

Abject, do you have no self awareness at all ??

Your most recent post talks about lack of balance and fairness.

The post before made snide comments about me smoking cheap cat turd cigars.

What have I done to deserve you insulting me?

I’ve never posted insults to any other poster.

Look in a mirror before you comment about other people’s intolerance because on the face of this evidence you come over as a thoroughly unpleasant little man happier with insults than grown up debate.

£1.3 billion was Patourels best case on his dodgy data. Could have been anything depending on court interpretation.

Abject….old news unless they appeal.

You make a good point. £300 m fine would have taken ten percent off at least.

It’s not really a surprise that UK markets underperform the rest of developed markets when they appear to treat events so irrationally.

Funding source

https://www.harbourlitigationfunding.com/about-us/

It’s a private equity house that specialises in class actions forget the name but it’s on google