Member Info for fleccy

"wouldn't be 'together' with idiots making loads of posts, and also as I have already mentioned, there could be many hundreds of posts after my closing an SB, so I am not going to go scroll back hundreds of posts to pick up the last SB post. "

Actually LTI you're wrong. If you post them all as part of the same thread, then all that's required to view the full fistory is a click on the reply button. By clliccking the Reply button, all the entries are grouped below the dialogue box, and you can just come out without actually replying if you wish.
There may be other ways of doing it, but that's what I use and it's easy.

From October 2020.

"BT worked with Toshiba Europe on what they say is the UK’s first industrial deployment of a quantum-secure network. The NCC is a “world-leading composite research and development facility”, according to the press statement, while the CFMS is a not-for-profit research organisation that pioneers digital engineering capabilities."

https://www.mobileeurope.co.uk/bt-installs-uk-s-first-quantum-secured-industrial-network/

"BT and Toshiba first announced their commitment to creating a trial network in October 2021. Although the official launch date of the trial with EY has just been announced, the network has been running since early April 2022 and will operate for an initial period of up to three years."

https://www.computerweekly.com/news/252516398/BT-Toshiba-team-on-first-commercial-trial-of-quantum-secured-network-with-EY

This technology will interest Financial services companies, Government agencies, and any company involved in sensitive research and development. It's possible this will generate a lot of revenue for BT, until other's move into the same space. I assume BT have a head start, within the UK on this.

"That is from £7978 million down to £4050 million. This was down to payments by BT and better returns from the schemes assets."

Good news. I wonder if they're talking about the actuarial deficit, or the IAS 19 deficit. The IAS 19 deficit has always been the lower of the two, does it say on the letter?
Once the pension goes into surplus, the trustees want to arrange an insurance buyout.

"Openreach and VMO2 are overbuilding and undermining competition – says CityFibre CEO"

https://www.mobileeurope.co.uk/openreach-and-vmo2-are-overbuilding-and-undermining-competition-says-cityfibre-ceo/

"If BT feel they need to be seen to be doing something to alleviate the pressures of two major holders, then such a break up provides management with a plan, spins off a long-term winner in Openreach and creates an entity which can generate cash for the fibre build-out ."

They may well eventually IPO Openreach, I just don't see it until the FTTP rollout is completed, and BTPS is in good enough order for a pension buyout by the trustees.

"Am I overthinking in wondering whether a breakup is coming??"

EE was already in consumer, so all they're planning to do is put the whole consumer product range under the EE brand. It looks as though they're going to start pushing more converged products, like unbreakable broadband, maybe 4G/5G broadband routers in rural locations where FTTP is a long way away, we can only guess. I think it makes sense, Openreach will be the local loop, with EE their customer for consumer products. No doubt we'll get a lot more detail over the next 6 months.

https://www.mobilenewscwp.co.uk/News/article/bt-adopts-ee-create-flagship-brand-consumers

"CEO of BT Consumer Marc Allera revealed the news in a blog post and told readers that nothing will change for BT customers, and that BT will be the flagship brand for Enterprise and Global units.

He says BT customers believe EE offers the best mobile connectivity and that it is steadily gaining popularity in the broadband market.

Allera said: “Having both BT and EE in an already crowded consumer market means we must have two of everything, and that makes life harder for our customers and our people.

“Two accounts, two apps, two product roadmaps, and multiple systems- we need to simplify things, for everyone.

“While EE’s rural mobile coverage spreads further than any other operator, EE is also favoured by customers in our towns and cities – which is where there is an overwhelming demand for multiple services beyond fixed lines.”

More details will be shared over the coming months."

"i think the berlingo 60 litres of diesel door to door [just] is still the way for me"

ICE vehicles will stop being sold in the UK from 2030, and since I run my cars into the ground, I'll wait for the affprdable EV's. The Government, and councils, will tax the remaining Diesels/Petrol Engine cars off the road post 2030, and it's likely they will be unsellable by then anyway. Unless you need to change cars soon, it wont be worth buying ICE vehicles, and I suspect contract lease cars will start pricing that in aswell. I suspect the motor industry will pull out all the stops to get ahead of legislation, and move to EV production, petrol heads beware.

I'm currently driving a Diesel car, and my Wife's is Petrol, but the plan is to run both cars as long as possible until decent affordable electrics are available. I'm seeing quite a few EV's when I'm out and about. I was walking down my road today, and a Renault Arkana Hybrid drove past, presumably running on its batteries as there was no Engine noise.

"Looks like LLOY share price is starting to tank, as news sinks in about the extra bad-debt provision for the rest of 2022. The forward guidance is a bit shaky."

Another negative statement from Skier. Your posts are like encyclopedia of BS, and it seems that no subject is out of bounds of your negative diatribe lol.

"yes was waiting for it go to 80p, yes for 5 minutes! i blinked and missed it. like i said before this share is NO investment you can only spread bet it. Some say it got to 47p today, but again i blinked and missed it.

fleccy "in years to come" i don't have years left. None of us do. Those of us that even reach old age what's the point in having cash too old and frail by then to enjoy it. Very few have health in old age."

A more appropriate username, for you, would be Drama Queen. I'm not being funny, but income is the most important thing in old age. I'm retired and drawing my pensions, admittedly I'm a long way off the state pension lol, but I understand what's important for the retired. You talk as though you're desperate to make a capital gain, and that's your overiding aim in investing, so maybe Lloyds isn't right for you, but may be right for the retired patient ones amongst us.

https://time.com/6095843/learning-patience/

"Well your in luck it's been low for 9 long fecking years expect another 9 to come. Good job your immortal."

That would depend on the price threshold you define as being low, and the fact you use the word low suggests you think Lloyds is undervalued.
In 2015, Lloyds was over 80p, and that was only 7 years ago.
Pre-Pandemic/Pre Brexit completion it was ranging 60p to 65p, so I'd guess that was around the price the market was willing to allow at the time.
The Pandemic is all but over, Brexit will fade into memory, and even the Ukraine war will diminish in importance as far as the market's getting used to it.
My guess is that many of the UK stocks, hammered over the last 7 years, will see 2015 prices again in years to come, what with the wheel of time, history repeating itself, and all that.

Anyone know why BT underperformed today? It feels as though the market decided to bring it down, for no other reason than bringing it in line with VOD.

https://www.google.com/finance/quote/BT.A:LON?window=5D&comparison=LON%3AVOD

The downer is that the Halifax charge £25.00 dealing commission for phone, against £9.50 for online. No wonder they don't charge re-purchase commission for buying in the ISA. So the Bed & ISA will cost you an extra £6 over the cost of online dealing using two seperate trades.

https://www.halifax.co.uk/assets/pdf/filestore/costandcharges.pdf

"fleccy - the answer is clear - MOVE FROM HALIFAX, those dates are ridiculous!"

Casapinos, I wouldn't Bed & ISA using their service anyway, I'd just buy the stock in the ISA, and await a higher price before selling in the standard account. I'm not sure if you read far enough into the link, but Halifax do offer an instant service, if I'm understanding it correctly, but over the phone.

"Moving investments into a ISA by phone (bed-and-ISA)
Step 1 - Sell your shares by calling us on 03457 22 55 25 (Calls will be monitored and recorded. Call costs may vary depending on your service provider).
Step 2 - We will automatically transfer the sale proceeds into your Halifax Stocks and Shares ISA.
Step 3 - You can then invest in any ISA eligible stock over the phone (we don’t charge you dealing commission for your re-purchase)."

https://www.halifax.co.uk/investing/help-and-guidance/existing-customer/understanding-an-isa.html

"For those who want to move a holding from a share account to an ISA the best means is a "Bed and ISA" transfer, most brokers offer it and as the sale and purchase are "bundled""

This is what the Halifax offers.

https://www.halifax.co.uk/investing/help-and-guidance/existing-customer/understanding-an-isa.html

At least you don't have to buy tomorrow, if the price goes up.

"I can transfer the money? Not much help as I wanted the money available to invest tomorrow in the expectation that the SP will fall somewhat after Q1 results announced?"

Good luck on that, it's a gamble that could go either way. A good few years ago I had the same idea with Vodafone shares; It was an afternoon, the day before the results, and I pressed the sell button, but for some reason the trade failed and didn't go through; Instead of trying again, I thought the Univesrse might be telling me something, so I waited until the next day and it payed off with the price going up significantly. I still sold the next day, making a much larger profit, and thanking my lucky stars the trade had failed the day before.

"Yup, that 4% divvy will offset the 80-90% collapse in the share price ;-)"

Skier, are you one of the unfortunate investors who bought in the 80+p's, thinking it would go to £1? Don't be bitter, it will reach that level again, and look at the opportunities you've had to top up at sub 30p/40p/50p.