Member Info for fleccy

Epstein can't be Satoshi Nakamoto, because I am 🤥

Just more fake news for the gullible

https://www.youtube.com/watch?v=6rl1vm4UEE8

"My guess is they are aiming for may 20206 deliverable given the options expired by then"

20206 is probably a good guess, only 18,180 years to go 😜

Obelix you're still asleep, the alarm clock will go off soon, aren't dreams wonderful.

It has no connection with QBT as far as I can tell, Canaccord has initiated coverage of D-Wave Quantum Inc which has a ticker NYSE:QBTS and has nothing to do with QBT except for sharing three of the same letters in the tickers. Not sure if people are trying to muddy the waters by suggesting QBT has an association with Canaccord when it clearly doesn't.

https://www.google.com/finance/quote/QBTS:NYSE

"UserSteve, we invested for a long time, we are not like you WHO never invested and have been bashing the Company for your own benefit since day one"

Obelix haven't you invested well over £100,000 in QBT, how is your investment going?

Speaking for myself I've been critical of QBT's business plan a lot further back than 2024, It would appear that myself and Usersteve have been correct in being negative toward QBT's prospects. Nothing's certain in investing, but I'd suggest that QBT's chance of producing a commercially viable product recedes with each passing year; If we're talking probabilities, it could be argued that QBT's chance of success is less than 5% and that's being kind, personally I'd put it lower than 1%.

Somebody's making money out of QBT limping along year after year, clearly it isn't the long term long suffering shareholders.

I think they're a long way from an AI superintelligence, or singularity, Dan. I could imagine Telecom Network management/Operations might eventually be managed by AI; I've worked as a NOC Engineer and it's only a matter of time before software automatically takes care of things like remote software circuit provisioning and Network fault diagnosis, with Engineers likely still required for running fibres and doing installs.

I also imagine call centers will no longer be required at some future point, with AI taking calls and dealing with enquiries. Industry also seems to be on a path to take humans out of the workforce ASAP, dependent on how easy a job is to automate. If they can use software and robots to replace human workers in jobs, I've no doubt they'll do it. As far as timeline's are concerned it'll probably be spread over the next 20 years, but if they can do it tomorrow I'm sure they would.

My Son is a software developer at an international law firm and he's told me he can now complete projects in a fraction of the time using AI. He's even built a firewalled AI app to allow the company to use AI to process internal data without it being exposed to the cloud. There's no doubt that AI is revolutionary to automate software processes and increase productivity, it wont be too long before Agentic AI replaces jobs everywhere.

I like Clive Selley, he comes across as a nice and capable chap, I view him as comparable to Greg Jackson at Octopus who I also have a lot of respect for. BT international isn't as high profile as Openreach and might appear like a demotion for Selley, but I suspect he's been parachuted into international because of his skillset. Arguably Openreach is now approaching the end of the infrastructure build and only needs a steady hand on the tiller, whereas BT International is a far more challenging role. I would think Selley is a good choice to build up BT International.

I can only guess what strategy would be best, with the general Telecom environment possibly dictating how BT uses excess Cash Flow going forward. I would hope they'd use some to ensure financial debt doesn't increase from the current £16.4 billion, I believe the £4.5 billion in lease liabilities should reduce year on year anyway as 2031 approaches.

If the competition ramps up significantly, they may choose to reduce prices to compete meaningfully with the competition.

The dividend policy is currently reported as progressive, so I expect the dividends will increase anyway. The CAPEX reductions will also be incremental, dependent on things like Exchange clearances/closures and completion of rollouts, so the CAPEX reduction benefits should be viewed over a Five year timeline rather than just One year. Of course all this is my speculative opinion.

Anyone seen any Sunday headlines about a NexFibre/VMO2 takeover of Netomnia yet? I can't find any!

You'd think if there was any truth in this the media would be releasing regular updates.

Any views on how this will pan out? If it's anything like the 2022 VMO2/TalkTalk speculation, it'll just go quiet and fade into the ether.

Https://www.youtube.com/watch?v=3OxYz3JEDI8

"why does someone invest in a stock then constantly criticise the business they're invested in"

"I'm referring to a retail investor who posts on a forum that'll have no direct effect on the company in question

When a retail investor posts criticism on an anonymous forum like Reddit or Discord in 2026, where they know it has no impact on the company’s operations, the behaviour is usually driven by social-emotional validation and cognitive coping mechanisms rather than strategic activism.

1. Emotional Venting & Stress Relief

For many retail investors, forums serve as a "digital pressure valve".

Catharsis: Investing can be isolating and stressful. When a stock underperforms, venting to a community of like-minded people provides immediate emotional relief that selling the stock (and "admitting defeat") does not.

The "Great Exhaustion": In 2026, widespread economic unease and "financial burnout" have led many to use forums as spaces to express frustration with a system they feel trapped in, even if they continue to participate in it for potential gains.

2. Community & Echo Chambers

The primary goal often isn't to change the company, but to change the investor's own feelings through social reinforcement.

Validation seeking: Investors frequently seek "confirmation bias" by posting negative views to see if others agree, which helps them feel less alone in their poor investment choice.

Meme Culture & Identity: Some investors stay in a stock they hate because they identify with the "tribe" surrounding it (e.g., "Apes" or specific Discord communities). Criticising the management while holding the stock can be a way to maintain status within that subculture while distancing themselves from the company's failures.

3. Cognitive Dissonance & The Sunk Cost Fallacy

This behaviour is a classic example of internal conflict:

Dissonance Reduction: By publicly complaining, the investor can say, "I am smart enough to see the flaws, but I am staying for the eventual recovery." This protects their ego from the realization that they made a bad decision.

The Sunk Cost Trap: They may feel they have already invested too much time and money to leave, leading to a cycle where they remain "tethered" to the stock while becoming increasingly bitter towards it.

4. Low-Stakes Influence

While they know they can't change the company, they may believe they can influence other investors:

Sentiment Manipulation: Even on small forums, some investors post criticism to drive the price down further (to buy more cheaply) or to warn others away as a form of "social service".

Virtue Signalling: Criticising a company's ethics (e.g., high executive pay or environmental impact) while holding the stock allows the investor to signal their values without sacrificing the potential financial upside"

"Your last scenario is highly unlikely as much as it might double the price of oil and BP's SP. Both Israel and the US would annihilate Iran in a week or less"

Defeating a country in a full scale war isn't annihilation, unless you're suggesting they'll carpet bomb the entire 90 million population of Iran, who the US and Israeli politicians label as victims. Also the US doesn't want to get caught up in any more forever wars and to truly defeat the Iranian regime would require an invasion involving US casualties. The scenario I was suggesting was based on the theory of inflicting as much damage on everyone else, when they know their days are numbered. Clearly the US is weary of doing anything that'll affect the Oil price, since money and national self interest are the only things driving US foreign policy. The US will be far more weary of attacking Iran than they were with Venezuela, since they don't know the unintended consequences of further kinetic confrontation.

Something else to consider is that there are differences between the Venezuelan regime and the Iranian regime, one is motivated entirely by money and the other by ideology. Someone motivated by money doesn't care as long as they can maintain wealth, whereas an ideologue will blow up the world if he can't win.

As far as the oil price and associated company share prices are concerned, I suspect prices will initially rise should the US attack Iran and then rocket, no pun intended, should Iran respond by attacking Middle East oil infrastructure.

We get it Aus, any stick you think you can beat BT with you'll use. I don't know why you don't just come out and admit you despise BT for whatever reason?

"Short term I think Trump is hitting the pressure points to force Iran into positive moves as Iran cannot afford more of what took place last summer"

If the Iran regime fears it faces an existential threat from the US and Israel, it may decide the best way to hurt US interests is to target Middle East Oil infrastructure. If you corner a wounded animal it'll lash out in all directions, since it has nothing to lose. Imagine what would happen to the Oil price if Iran start blowing up Oil facilities in Saudi, UAE, Iraq and elsewhere, the Oil price would likely go stratospheric and Oil company share prices with it lol. It's a possibility if they thought their days were numbered anyway and they couldn't hurt the US directly, just burn the Oil house down.

Hmmm what shall we try on now?

https://www.youtube.com/watch?v=VjYy70HfueE

https://www.tiktok.com/@nostalgiawizard/video/7476795940658056471

"Detailed statistics on these losses include:

Annual Loss Rate: Openreach is currently losing more than 4% of its customer base annually.

Total Subscriber Decline: The network has lost more than 1.5 million subscribers in the past two years.

Quarterly Performance: In the final quarter of 2025 (Q3 FY25/26), Openreach reported a loss of 210,000 broadband lines. This was an improvement from the 242,000 lost in the previous quarter.

Full-Year Projections: BT Group currently projects a total loss of 850,000 fixed-line customers for the full 2025/26 financial year.

Competitive Impact: While Openreach's overall base is shrinking, it is aggressively overbuilding in areas where altnets are present to counter "churn" (customers leaving). Experts note that altnet penetration is typically lower (around 17%) in areas where they compete directly with Openreach compared to areas where they are the sole provider (around 23%)"

"As of February 2026, EE maintains its position as the UK's leading mobile network with approximately 25 million total customers"

"While specific numbers for customers moving directly from fixed-line to mobile-only are not explicitly published by BT Group, broader industry trends and EE’s specific growth data highlight this shift:

EE Mobile Growth: EE's post-paid mobile base grew by 55,000 customers in the most recent quarter (Q3 FY25/26), while its standalone 5G+ network now reaches 69% of the UK population.

Broadband-Only Households: Approximately 3% of UK households now rely solely on mobile data for their home internet, eschewing fixed lines entirely. An additional 21% of UK users report only accessing the internet through their smartphones"

"Market Share: EE currently holds a 26.2% share of the total UK mobile market. Applied to the 4.82 million dedicated mobile broadband lines (such as 4G/5G home routers and data-only SIMs for tablets), this equates to roughly 1.26 million subscriptions"

Abject I think I know what you're talking about. In August I started a thread called "It's a Mad mad mad world", where I stated that Palantir is overvalued by any metric

My post:

"The Palantir pre market share price has surged on the back of revenue exceeding a massive $1 billion, which might make sense if the P/E isn't already over 700 times!!! Palantir has a market cap of around $379 Billion, where the combined Market cap BT, Lloyds, Vodafone and BP has a market cap of around $206.38 Billion. BP's annual revenue alone, comes in at more than £140 Billion, I'm I wrong in thinking that US Tech valuations have gone mad?"

"Am I wrong in thinking that US Tech valuations have gone mad? 🫤"

You responded with:

"AbjectPerformer

Posts: 2,276

Price: 211.10

No Opinion

RE: It's a Mad mad mad world6 Aug 2025 06:27

No , the tech stocks are not mad. They’ve not even started replacing jobs and industries , yet."

"AbjectPerformer

Posts: 2,276

Price: 212.10

No Opinion

RE: It's a Mad mad mad world6 Aug 2025 23:53

Fleccy if it was over valued it wouldn’t be bought up by II’s . It’s not retail investors elevating the price.

I don’t know if it is over valued and nor do you.

PE for tech growth stocks isn’t a metric that indicates value like a Jurassic telco BT .."

Amazingly Aus agreed, in the thread, with my point of view about Palantir being overvalued and we hardly ever agree on anything.

Abject, I believe Omega-3, B vitamins (specifically B6, B9, and B12), Ginkgo biloba, Lion’s Mane mushroom, and Vitamin D are good for memory problems 👍🏻

What did I say with reference to ASML?

I've never denied that I only invest in UK stocks, or that I believe the NASDAQ is a bubble waiting to burst, but suggesting I said something about your ASML investment is just wrong. If you want to brag about the investments you've made in US stocks, don't make stuff up and use my name as some sort of point scoring tool.