Member Info for Faultsman

I personally don't think the rise is anything to do with Apple/BT talks, however the dumping of Apple stock by Greenlight Capital and investment in BT is just a coincidence, you think? well Greenlight are buying the BT shares because they state there cheap,(yep thats as good as it gets, there cheap) and are also talking about the possible sale of Openreach being a good thing for the share price. However Greenlight in my own opinion seem a little desperate at the moment,

For those that are still struggling BT own the approx £60 Billion pounds worth of copper cables, they will not be giving that away anytime soon, Openreach are the engineering side of the company, the people that install and maintain the network for over 600 companys that all effectivly rent the lines from BT and sell them to you, these line renting middlemen take a massive chunk of profit and contribute nothing to the upkeep of the copper network.

Something very big is missing here, if BT sell Openreach how will the engineers earn there money? I mean who pays the bill for them coming to repair your line (the service provider, including BT?) and then who pays for the new copper cable thats needed when it needs replacing (split the cost between every service provider who's customers lines are on that cable?)

Rumours I heard from middle of last week mention the sale of Openreach, thats what I though the Duke of Velo was alluding to

Apple putting an app on a EE iPhone is hardly big share price moving news is it? after all I have the BT sport app for free as a BT BB customer, and its nothing special, there is enough shite on the box as it is. don't matter who you rent it from its all the same Football BS, Laurel and Hardy, Dangerous Deep Sea Fishing, Chitty Chitty Bang Bang crap. Movies? any body seen a good film recently?

Im interested to hear anybodys views on how a newspaper report about the same old app on a iphone and yet another tv box can be whats tickled the investors taste buds, is it really just that or what? I say Nay.

Super exciting champagne times ahead now the new phone app and TV box have been announced REALLY?

Loopy, I can't fit all my bitter twisted disappointing shite in if I use paragraphs.

Offload a 11 billion pound debt, hows that work Huh?. The BT pension scheme is closed, finished, finito, but all those deferred pension payouts are going to be drawn out soon, along with those that are already drawing theirs and continue to be paid until all those members eventually sadly pass away, then their are the dependants and next of kin pensions to factor in, the debt issue is going to be an issue because nobody is contributing to the BT pension anymore. The current employees now pay in to the BT retirement saving scheme which is a Standard Life product, notice how the word pension has now disappeared entirely! I wonder how many of the new savings club contributors realise that there is now a very good chance that they will get back less than they actually pay in, especially in the short term, you will not make a bean if you have 5 to 10 years until retirement, only the tax savings, and then their are the charges they make for them taking your money and gambling it on the stock market. And now they want to squeeze them even more with the cpi rpi, blame the staff and make them pay after all its there fault....as usual, nothing to do with management and poor decisions eh?. Still that's the positives out the way at least the share price has increa......oh hang on a minute. Why does a pension scheme that is closed need a new CEO? and how much of the pension scheme will be used to pay his salary, still not to worry, and that's not my concern as a shareholder, shares that was paid for through hard work and not handed to me by the 40 yard skip load for free for halving a blue chip company's share price. Bitter? Me?

Thats an interesting link, the very last paragraph that states that BT is a good investment with the potential spin off of Openreach, I am reading that as a sale of Openreach which sort of ties in with my own personal thoughts of what the next big news will be, and explains the rushed and crude looking new van logos, much easier to peal off and stick on the new Chinese owners company logos is what I thought as soon as a saw them.

However I have read that over and not only is it rather poor English in my head it almost sounds like a woman's way of talking, ie, whats said has 1001 ways of being interpreted and which ever way you do interpret it its always, always wrong.

Aus they control wholesale and retail, they control the minimum prices the company can charge for retail, put simply if they didn't BT could close the others down over night.

NDNIC, I do personally have an understanding of what goes on at Openreach, but can you see the issue for the majority that don't, its a downside having a brand that has no worthwhile identity with consumers, in fact it really doesn't need a brand or advertising because it doesn't sell anything, it just continuously consumes BT's money.

My Italian Accountant said it was only two years to pay off the debt.

Yep your right, it is 12, knew it was 12, my fat twitchy finger disagreed, the 1 and 2 numbers are right next to each other on my keyboard.

All I am looking for is some real and true positive news from the company, sweeping away a CEO while sweeping the negative news of a pension closure at the cost of billions of pounds under the carpet, is not positive news for anybody, shareholders or the unfortunate staff that have been financially affected, its not a problem that has been solved its just been pushed out of site, the fact is the problem is there for much longer than ten years, from what I have read its going to keep getting paid off until at least 2030, which is 22 years not 10. Nothing wrong with getting your house in order, hopefully once it is in order the company can stop making mistakes and plan further ahead. I view the separation of Openreach and BT as a good thing, but for how long? whats going to happen when Ofcom get there teeth in to who is earning money for who exactly, and when will Openreach become self sufficient and actually get to pull the strings when it comes time to build a new network, when are other licensed operators going to contact Openreach rather than BT and pay them directly to install their new networks for them? it seems like they are the last choice rather than first, it appears to be lots of smaller company's employing contractors that are dancing round getting in quick and making a killing in easy areas. Its 2018 and you and I still cant telephone or contact Openreach directly to speak to them for any reason, everything is directed back to your service provider or BT, makes people think they are a law unto themselves, whats the point in rebranding when people still dont know who Openreach are and what they do, I am sure that the people that drive the new Openreach branded vehicles don't know either. So BT and Openreach are legally separated, BT own the network, Openreach only work on the BT owned network, the only network they work on belongs to BT, BT want to be a TV station, I smell a rat, the rat being the fact that BT no longer want to own the network or pay people to maintain it, how much longer until BT start complaining to Ofcom and Government about how much it costs to try and run their business and also maintain the 600 other service providers that dont own, contribute to, or maintain the network but still demand there customers are given priority over the other 599, its spiralling out of control isn't it? . You could say that every person in the UK who is not a BT customer has caused this issue! The issue being that Ofcom decide what BT are allowed to charge their customers, and there is the problem, remove that from the equation and BT could be competitive to the point of closing those 600 other company's down overnight by undercutting them all by £1.00. Does Ofcom really think BT is still a monopoly today?, I think the 600 other operators have the monopoly and Ofcom needs to start throwing its misery toward them. Just want some good old fashioned "True" and "Positiive" news that means I can laugh at the 600.

Ascoyne, is the strategy and the big bold plan one and the same? cutbacks and streamlining isn't much of a plan to make a song and dance about, I guess when the company you has run out of ideas and can no longer come up with anything original then convergence will do, however, its sounding like they are banking on making coin by becoming a bit player with a TV station, isn't that along the lines of if you cant beat them join them?

Velo, your talking about investing, I am invested, substantially, going round the houses with long words to look cool is not my thing but as you believe you see some burgeoning opportunities for a more positive future in this share price then that's OK with me, However, I cant see whats wrong with my expectation and desire (AKA Hope) that the share price rises. If you can see the future in your mystical charts and wordplay then please let us know now what day, or to be a bit fairer, week, no, hang on, lets make it easier, year, the share price is going to reach £5.00 please.

Your post can be condensed as follows.

"I hope the share price rises"

My condensed reply is,

"Like you, I also hope the share price rises"

I keep hearing talk of the company's new strategy and big bold plan, have the company released any news to the public or shareholders about what the strategy and big bold plan is? apart from the obvious sacking the CEO and getting rid of 13000 staff.

What part of this Strategy and big bold plan is the part that would make me happy as a shareholder? streamlining or getting rid of "dead wood" should be something that goes on every day, not announced as part of a strategy or plan.

What do you shareholders think the real agenda is with this "New strategy and Big Bold Plan" strap line? What do you think the real plan is? get a new CEO and kitchen sink it? announce more job cuts and sell assets?

I know its an age related thing but I have been noticing lots of what I can only describe as young spotty looking children, bum fluff boys and pony tailed girls driving round in brand new vehicles, they seem to go around in convoys of 4-6 vans and just stand around talking and smoking electronic cigarettes, do they think there day glow orange Hi Viz makes them invisible? What is there contribution to my investment?

Positive sentiment? maybe for a couple of weeks of the new CEO telling you about how they are going to revolutionise the industry while they quietly sack the staff and sell assets in the background, preaching about how excited they are and looking forward to the exciting times ahead, whoever the new CEO will be, nothing will change and it will be the same stale, old and boring business as usual. The new CEO will need to be a snake with two heads, one to convince the government to pay for a Full UK fibre network, and the other to close down Ofcoms interfering/ interest in BT and its corrupt board of anti competition leeches. I am unsure that the current Government is capable of anything at the moment, its full of bickering old people that have nothing to say.

The sort of place where one man at the bottom thinks of and designs a outstanding piece of equipment that can revolutionise Broadband using the electrical supply to your house, and it only costs £4.99 to buy, however the other 3,999 scientists above him all have to have their say and claim it as there own all push the price up to £40,000.000.000 by the time its finished.

Clicked through it and it states

Today it’s where our 4000 scientists, IT experts, engineers and collaboration partners are pushing the boundaries of innovation, coming up with new ideas and developing technologies that continue to change how we live and work.

It sounds like a exciting, extra exciting and challenging and exciting and super place to work, doesn't it.

NDN, http://atadastral.co.uk/ take a look, its money well spent as they had 1,100 vips host last year, money well spent on reality tv stars and such.

Good to see that company that sell peoples information is on board, I wonder what the total output of those 3000 people achieved for me and my investment last year?

There is a competition you can take part in as well, my entry is for a router that connects to my stove to tell me when to put another log in.

According to your reply there are at least 3000 employees that could be trained up to install fibre as R & D is non existent. Think of the money that could be saved, if the R & D department shut down and the 3000 staff was made redundant would anybody notice?

So copper is being phased out and fibre is here, but all you lot are talking about is wireless 5g is the future, but are you sure?, BT must have noticed by now that consumers couldn't care less where there BB comes from, as long as its cheap, fast and reliable, once they realise that and find a solution then bobs your uncle, they announced they are shutting copper down but are trying to get as many people as they can connected to it, does that make any sense?, its going to be very messy in the near future with copper, half copper and full fibre combined with patchy 4g and eventually 5g in certain areas, what is BTs core business?, why not concentrate on one product and finish and refine that before moving forward. BT is still a pension provider that happens to dabble in telecoms. What does BT want to actually put its mind to instead of fixed lines, or BB via whatever means, where is the innovation in just doing what everybody else is already doing or done?. Its time they actually got those bods at Martlesham to actually come up with something, rather than just copying China, come on BT let us all know whats really going on, you have 3000 staff working on research week in week out, apart from telling engineers to spray the network with WD40 when it rains what else are you doing ?

Rodmitchell, you taking over for Lamtree ?, try and add some originality to your posts, they tend to come across as boring and blunt in a attention seeking way. Stick to Bookface and Twatter for your showing off and being outrageous.

I don't think the dividend will be cut to pay the pension deficit, the repayment plan is already in place and agreed by the trustees. Best to stick with whats already been put in place.

NDNICOO, correct about my location, however the fault wasn't lightning it was rain water in a metal lidded box in the road, the cable had no closure except a piece of white cloth and black electrical tape, the chaps pointed it out to me, the solution was to lift it up and secure it up and out of the water and replace the soaked rag with a new dry one. I worked for a company that prided itself on its ISO 9000 Quality Management Systems, the chaps there was very pleasant, and so was the guys the next day, and the day after that, "its drying out mate don't worry about it, I am not even supposed to go in this box because its too dangerous" is exactly what the last chap said. Took the dog on a different route last couple of days.

Rodmitchell, your messiah has had his day, jacked in before he was pushed. His "turnaround" as you call it counts for nothing, the share price is increasing because he is going, new CEO will set the new path, and good luck to him or her. And please stop the petty name calling.