Member Info for fleccy

"Spain’s socialist prime minister derails £1bn UK broadband deal"

"However, Liberty Global said it has now paused the sale process while Telefonica carries out a strategic review. NetCo was originally slated to launch in the first half of the year, but this has now been delayed"

https://www.msn.com/en-gb/money/other/spain-s-socialist-prime-minister-derails-1bn-uk-broadband-deal/ar-AA1E3QMV?ocid=msedgntp&pc=LCTS&cvid=c8d51ee473a74d3fb174bc6bdd7b364c&ei=45

"Why Are BT’s Shares Rallying?"

https://www.morningstar.co.uk/uk/news/264318/stock-of-the-week-why-are-bts-shares-rallying.aspx

"why the day before Q1 - you could have already have made a sale at the 74p level"

We did, but we're in a new tax year now and still have some offsetting of gains against losses to do, within the standard share dealing account, with a reallocation of cash into our ISA's.

There are a lot of people sitting on big Lloyds gains, as of one minute ago we're showing a gain on our Lloyds stock of £72,194.84, and every day we think about locking in a portion of that gain. Had the share price gone over 74p today, we'd have seriously considered what to do with Q1 results due tomorrow; There'll be plenty of investors in the same position who decide to wait until today to sell, because their instincts get the better of them.

There are a range of reasons stocks rise and fall, who's to say Lloyds fall this morning wasn't worse due to provision expectations in tomorrow's results, and NWG's decline isn't for other reasons? Had Lloyds gone up this morning rather than falling, we would have seriously considered reducing our Lloyds holdings this afternoon.

"Barc and Nwg well down"

Ok so is Standard Chartered and as far as I know they have no UK housing exposure, the banking sector in general is down today. It'd be surprising if a body of Lloyds investors aren't selling today, due to worries over a possible car finance provision announcement tomorrow, it doesn't have to be just one thing driving selling, I thought about selling some Lloyds before Q1 tomorrow, but decided it isn't the right time.

Todays fall is probably due to the 2025 Q1 results due out tomorrow. A body of investors will likely be looking to lock in profits rather than risk any bad news tomorrow. The Motor Finance issues and some recent bank related negative media narratives added to this morning's fall. For traders in profit it's a no brainer to sell today, for long term holders it's neither here nor there.

Not really surprising with policies targeting 2nd home owners and Landlords, I believe we're seeing a flushing out of weak hands. House prices in the UK wont crash while demand far exceeds supply, there are economic reasons why UK house prices are as high as they are. My own view is that the UK's house prices are driven by overpopulation, the only thing that'd drive down UK house prices is massive building programs causing supply to exceed demand.

What has Gardin's qualifications got to do with the success or failure of QBT? None that I can see. For QBT to succeed they need to commercialise one of their products, everything else is meaningless. Generally, Billions are spent on research every year that goes nowhere and since the early days of BTC, Engineers, Mathematicians and dare I say Physicists, have been trying unlock the alchemy that'll give them an advantage over conventional brute force bitcoin mining, without success. QBT have a couple of problems, first one being cash available for research and secondly the miners have a lot more cash on hand to research their own bespoke methods of enhancing their chances of winning. My personal view is, had there been any chance of shortcutting Brute Force mining then the big miners will already be implementing it and keeping it secret. Metaphorically speaking, QBT are climbing a sheer rock face of a very high mountain, with minimal equipment and no safety rope.

"Some are in big trouble and need more than a helping hand and are in big danger of going to the wall"

Some Altnet assets will always be worth something, like the Fibre's CityFibre have installed in their own ducts, Fibre assets using Openreach/BT infrastructure will have little value if the Altnet goes bust. My reasoning for that statement is that Fibre carried via Openreach will be subject to rental charges even if unused, or the Altnet goes bust, and in my opinion it would make assets utilising PIA much harder to sell on. The old cable companies went bust, but the assets still had value because they used their own infrastructure, with the ducts/buildings/etc still being used today by VMO2.

"If people want solar panels or a heat pump. let them have them but they should not be subsidised by other tax payers,the individual should pay the full cost"

I agree, but only after I have my heat pump fitted in a couple of weeks😉As far as Solar and batteries are concerned, they aren't subsidised; There's a VAT holiday on Solar and Battery installs, but the Government have done similar types of tax holidays with other things, like the stamp duty holiday on house purchases. My battery and solar have completely powered my house over March and April, generating over 1 Megawatt hours of Electricity and exporting over 500Kwh's to the Grid at 15p per Kwh. I'd recommend anyone to have solar and batteries installed, mine's a 4.5Kw peak PV roof system with a 6.5Kwh Battery.

"18 million premises passed by Openreach full fibre network"

https://www.thinkbroadband.com/news/10640-18-million-premises-passed-by-openreach-full-fibre-network

Yes it would have registered as a buy if it had registered at 14:40 on London South East, but London South East didn't register the trade until after 15:29 so their system logged it as Unknown due to late publication. A trade is just a trade, whether it's logged as a buy or a sell is automatic and purely down to where it sits within the spread.

"There is a black trade of 3million shares just popped up, it looks like it was a few minutes before the 1.5 million buy and is the same price. Why is it showing as black though when it has to be a buy"

Because it's been flagged as a delayed publication, they've labelled it as unknown because they're unsure of the mid spread price when the trade went through.

"0.67 is a buy but showing as a sell"

Nope it's logged as a sell because it's below the spread mid price of 0.675. The spread is currently 0.65/0.70.

"This thread was to show that there seems to be some worked buys going through"

What's a worked buy and what's the context?

A completed trade where ownership is transferred might be referred to as a worked trade, but I'm not sure about the term a worked buy.

Out of hours trades are usually off book trades made during trading hours, but reported after the close.

"BT is losing market share,fleccy I would be last person to advise you,but l am selling my 6 figure bt shares"

Well Bob, it's your money and your choice. We're keeping our six figure BT investment in play, irrespective of the results, I've always seen BT as a long term investment. As I've said on many occasions, BT should achieve massive cost savings due to FTTP/5G Capex reduction, Exchange closures/PSTN switch off, staff reductions and convergence. BT consumes around 1% of the UK's total electricity consumption, around 2TWh annually, but that'll reduce hugely with Passive Optical Networks (FTTP) and a more efficient core network. I don't read much in the media about BT's potential to cut costs and increase efficiencies, but I've been banging on about it for years. Reductions in market share due to regulation have been obvious for years, anyone who follows BT should know that. Incidentally we have a 6 figure investment in Vodafone too, so I'm not saying any of this as a put down of Vodafone, since I also view Vodafone as being cheap as chips too.

I'm looking forward to the nice chunky BT dividend in September Bob, will you?

"Nonsense - BT is losing market share with each iteration of results, and it has lots control of costs"

Savage you've been consistently wrong on BT. After you sold out in the 140's, predicting BT would go to 130p, you've bashed BT at every opportunity and talked up VOD since investing here. Had you stayed with BT you'd be up at least 14% on where you sold out.

I'm invested in both BT and VOD and can see BT as being the easiest investment case, since BT's journey to higher Net income and cash flow is much clearer. BT was always going to lose customers to Altnets and I've said as much over the last 5 years. I've always argued that BT isn't a growth play, it's a cost cutting play. BT are closing 4,500 exchanges after 2030 and PSTN is being switched off next year, the move to 5G and FTTP will see capex and operating costs drop massively over the next 6 years. If OFCOM let BT off the leash, BT could wipe the floor with the competition, that's a fact. While BT is cutting costs and reducing capex, Altnets are struggling under a big debt burden and having to compete on pricing, reducing their margins. You either didn't understand the investment case when you invested in BT, or you're ignoring a big part of the picture.

Https://archive.is/Ky9ZP

Obelix I don't know how you can call anyone an idiot, how many QBT shares have you bought? Going off your previous posts I'm guessing well over £100,000 worth; It's likely comparable to betting on a three legged horse in the Epsom Derby.