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Arees, you may be right but we will only know if the SP stays down for the next couple of weeks . Only time will tell ,daily prices don’t mean much.
Reckless ? CEO of company with 33% ( hardly a monopoly) market share overstates the strength of his company and its ability to beat the competition . If Statements from BT CEOs were really that meaningful the share price would have been talked up to £10 instead of £1.40. This is all so much froth. If only Jansen’s aspirational comments did all magically translate into reality then the OFCOM words may make sense but long term shareholders know only too well what they forecast and what they do are often two very different things.
Interesting, I’ve never understood quite what OFCOM expects of BT . It’s OK for altnet backers with deep pockets to fund their roll outs with cheap money but somehow wrong for BT to say that they’ll vigorously compete for business. Can we expect BT to receive compensation if they lose share to Altnets? Of course not .It seems like governments expect BT to lead as the largest supplier but not expect to receive the benefits that should accrue from their massive investment. If BT decided to opt out and sell the business government would interfere as it’s a strategic asset. Does BT have any route to establish some independence? It appears not. Is there any other business in the UK subject to so much interference?
In the case of Motley…….Fool is the most appropriate part of the name.
Barclays target 230 Numis target 115.
Two major banks valuing the company running a large slice of the nations communications infrastructure differently isn’t a surprise doing so by a factor of two is mystifying.
I wonder why our financial press don’t do some in depth analysis on how these huge differences happen and whether there are any dodgy reasons behind them.
Probably because they’re all complicit in fudging the facts for the retail investors.
yes that's possible......this is the souce of the 220000
https://www.ispreview.co.uk/index.php/2022/05/full-fibre-uk-isp-trooli-grows-coverage-to-220000-premises.html
and re reading it I'd admit its a bit ambiguous
I’ve read they’ve got around 200000 connections . If those are valued at only £100 million it doesn’t bode well for Openreach’s value for 9.2 million users. Or am I missing the point?
Thanks Entreprenante….good advice to ignore in future.
Odd looking trade numbers on the summary today £51 m sells and £9 m buys but the price doesn’t move. Always wonder how accurate these numbers are on this site.Anyone throw any light on how accurate or not the trade numbers are?
Another non UK entity seeing value in UK telecoms that UK markets don’t see.
In a nutshell the protest against Equinox seems to be summarised as .” It’s not fair that we can’t charge customers more than we planned to “ .
Using the argument that Equinox is anti competitive when it’s encouraging everyone to move to lower customer pricing is weird.
You’re right it’s a mixed bag. Share price has declined and has done badly since the Italy accounting scandal which had a bigger impact than the numbers called for. Debt is affordable and as fleccy often points out is one third lease obligations reported outside of debt in some other listed companies. DT holds 12% and shows no sign of selling Drahi has bought 18 % and says it’s undervalued so apparent confidence in owners of a third of the equity. PE is about 8 against FTSE 100 av of 15+. business and consumers can’t live without internet and BT is the leading supplier of the means of access. Present market cap no bigger in real terms than what was paid for EE a few years back. Hmmmmmm indeed ,Why is it priced so low ? Who knows where will it be in a couple of years when it’s cost reduction programmes and the end of the fibre roll out doubles profits and FCF ? You pays your money and takes your choice…… I’m holding on.
Sunday Times Business section todays reports that altnet Trooli are sounding out potential buyers. Another good sign that the altnets are under pressure.
Thanks for the Morningstar link. Hopefully early signs of a change to attitude on BT. Still video sold short for two reasons I think. They mentioned the debt but didn’t mention Fleccy’s oft mentioned lease obligation in the debt. They also reckon the economic moat is narrow,I disagree and think the altnets huge investments to get a small market share are demonstrating that the BT moat is significant.
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.