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Nige, got it thanks, not sure where that leaves DT or BT at the moment, thats a big chunk of money to lose, bit of a catch 22 at the moment with the B word looming ever closer, get out while the goings good and lick your wounds, carry on regardless and ride it out..... or start sabre rattling and making some positive noises to push the price up, then fold!
Nigeco. I read that as a in depth positive review, the new CEO has a lot of big decisions to make. We he add value quickly, and release a statement of intent very early to help stabilise the company's position?, my hopes are for a change of direction with this G-Fast copper based product and go with what the consumers and the hidden dictators of Government that have being steering the ship demand, fibre direct to the premise on a national scale, I guess my hopes may be a little high?
That news about Deutsche being concerned about a FTTP roll out is propaganda, if you want Fibre to your premises you go ahead and order it and pay for it then wait for it to be done, not many can afford it so it rarely gets done, and if you do get it done what you have personally paid for is then used to supply everybody else who wants it after they find out you have it. I think what Deutsche are really saying is, who is going to supply fibre to the entire UK and then be prepared to rent it out to other service providers for a pittance.
The timing for this Deutsche interest and concern is impeccable what with the government in a stalemate stagnant situation and the never ending rumour of a foreign buy out, probably nothing more than a well conceived tittle tattle to upset the share price.
The way I see it is there is zero logical business case to roll out FTTP for the foreseeable future, and BTs stance seems to be good luck to those that like to entertain the idea. Sort of sticking two fingers up, however I feel that cant go on much longer. BT are sticking to the use of legacy copper and giving the masses a service today, as I said before what happens when the company's that have invested in fibre offer more speed and lower the rental price, it could finish off this new offering from BT overnight.
New CEO has got to sort it out, start doing as well as saying! , my fear is the current cost cutting and cull thats going on spreads over to the actual people that do the work that makes the money.
Do you use on line review sites such as these?, I looked up a few bits and pieces before Christmas, and it sort of spoilt all my choices, and put me off. Are these only used by people that are awfully unlucky or just like attention seeking?
I am sure someone could make a killing by having a site that only shows positive reviews but as far as I can see that market is already covered.
TLW I take note that previous patient long-term patient BT investors no longer contribute to this board. They come and go, its all exciting at first but the prophecy's don't go there way and they disappear ,I have been holding patiently since 1986, sold lots, made lots and now sitting on lots as bought at the wrong price before the accounting error, my hopes are for the new chair to save the day, who knows.
Pacey, you have a blinkered view, how would having to sell part of your company to recoup losses from a massive scandal improve your share price?, it just serves to keep the failure fresh in peoples minds.
NDN, I agree in principal about contract situation, however, you realise that that the separation of Openreach from BT has already begun, its an effective way to save money in the future, slowly slowly catchy monkey.
And before the usual hooligans climb all over my post, I am not anti BT in any way shape or form, I am just questioning what is there to sell, and who would buy it? . Microsoft wouldn't go looking to buy experts in Dos or Windows95 would they? .Now if Openreach was divided in two, ie copper and fibre then which one would be worth investing in? Old boys on copper and spotty lightweights on the fibre perhaps, with the old boys taking home a lot more than the spotty lightweights and not being replaced as they leave. Keep Openreach for legacy and contract out the fibre so they can carry on without ofcom having their neck in a choke hold 24/7.
What is Openreach? how can you sell it and what assets are there to sell? . Openreach are a group of engineers that repair and maintain BTs networks, they dont own the network, buildings, tools, vans, BT own all that. Hard to see how you would sell them as "Openreach" as such, I can see them being TUPED, and possibly sold down the river, but at what price, a token gesture perhaps?, wouldn't it just be easier to let them go and join a different contracted out company and do the same work for less money and more hours with no pension or paid holidays. Long term copper work is currently flogging a dead horse, where as the young gig economy workers on fibre would be grateful for the opportunity. How about MJ Quinn to takeover the failing or loss leading ex BT state monopoly "Openreach" engineering department as a headline? Openreach will not be sold with 50 Billion quids worth of copper network thrown in for free, what you get is 30000 stressed out people that have had their pensions closed and zero motivation, half of which know what they are doing and the other half just doing whatever they want.
All I have learned from this Brexit Debacle is that Nazi is the new "N" word, not sure anybody, including everyone on this forum has any understanding of what Brexit or no Brexit means.
If I put a X in this box it must mean this, or if if I put a x in this box it must mean that.
Trying to come across as understanding whats going in is confusing the people that suggested it, and those that voted for it. https://www.youtube.com/watch?v=8L5LNIi5bAs
I know I may be wrong but does anybody else think that BT may be trying to tonce there house up, fix a few leaks, and paper over a few cracks, you know, like making it a little more appealing to a potential buyer? Has anybody any idea what would happen to the SP if it is found to be the case?