Member Info for Fusion98

Rolls Royce is a growth market as airlines go for less polluting engines, they have a reciprocal market. BT Doesn't.

Rolls got hit hard by covid as airlines stopped, they had to recover before buying any new planes, thats now happening hence the recovery for RR. Its not comparable.

BT sells phone calls, mobiles and internet to a non expanding market, its got no planned growth for the next 3 years.

300p, keep looking for that crack pipe.

Fusion98

@Fleccy

am i saying BT isnt worth 300p, sure am.

Share price =112p, debt = £20 Billion = market cap of £31B

How much do you think BT is worth exactly?

Fusion98

The market likes certainty and currently we have a dead CEO taking cash and a new one who hasn’t started. The unknown of the new CEO plans is (1) reason for the low price. The (2) is the debt, the (3) is world economics, (4) is the lack of growth in current plans (see 1 for more) and (5) is the fact stock markets always fall in summer as the traders take their holidays.

Buy, hold and sell later as BT is not going bust anytime soon, also DT is not buying BT the UK Gov wouldn’t allow it and 300p per share… stop smoking crack.

As you were

Fusion98

You have just listed a few things from the top of your head that do not exist.

The market is not interested in what could be, should be, may be in 3 years time.

It looks at the realistic view of today, 18.9B debt pile and stagnant performance at best for the next 2 years.

BT NEEDS to get rid of the debt and stop trying to be something it isn't.

Fusion98

Dividend payments of 7.5p are now covered 2.4 times by anticipated earnings.

Net Debt stood at £18.9bn at the end of March 2023

BT current market cap is £11.1bn but any take over will take the debt into account so making it 31B at a price of 111p

Sale price (assuming it passed UK.GOV which it wont) 130p - 145p

lets hope the new CEO taking over in January can make some good choices, TV Football rights isn't one of them.

Fusion98

I see people complaining about the div of shell and i agree its not great.

so instead of holding on forever buy around 2200 - 2230 and sell around 2400 - 2430

rise and repeat several times a year and rake it in, holding wont make you any money

Fusion98

Resistance levels 163, 168, 198

support 141, 132, 114, 98

Its because there are strong indicators that the UK is heading for a recession, so banks which have leant huge sums in mortgages in the last 10 years are under the spot light for now. Give it three months and this will be blown over as there will be something else in the world to draw the markets attention.

Barclays is well funded, not about to go bust and on condition it doesn't do any more stupid schemes or fixing another money market then the share price will recover.

185p for my exit.

Fusion98

This will never happen for many reasons (1) NO BT CEO wants to remove the golden goose (2) Open reach has access to too many secure areas of communication from Government to Army (3) Its the largest UK telecommunications network which is critical to the running of the country, no foreign company / entity would be allowed near it.
Fusion98
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I think Drahi wants Openreach

results are out on May 4th which is why the price is holding up
Its also Ex-Div shortly afterwards which always helps.

Fusion98

all the miners know that electric cars are going to be the next big thing and all require large quantities of nickle and copper both of which are owned and mined by Teck. Buy the competition to gain market share. Personally i think the price is too high and the initial take over offer put a target on Tecks back who want to split the company into two easy to digest chunks.
I would pull out of the bidding and if Tech survives to split, pick up the bit you want for cheaper or choose another competitor
This seems like buying at the top of the market and over the price of top doller to me, bad move considering Glen have just paid all their debt off and are cash rich but the CEO needs something to put on his CV i guess.
Fusion98

shares tend to drop by the value of the payout but last time it only did this on the day of the payout not ex-div day
staying put personally

NAVs arepointless. its the value of the company at that point in time, however if those parts were put up for sale it would be because they have to in which distressed state their value would be worth far less.. Think firesale of 2008.
Ignore the NAV, Ignore the broker ratings and you will sleep easier.
Fusion98

by the sounds of it your looking for a mortgage deal.. well so is everyone else which is why you cant get an appointment. All lenders are in the same boat, I'm just glad i don't have a mortgage any more.
Its not specific to Barclays and your not that important, that isn't poor service its supply and demand.

ex div date it will, then tends to fall right after

Just when it shows signs of recovery and gets to 3620 it takes a dive back to 3540
Come on DGE 3800 is wanted before xmas

sold on the back of BP results
Expect a pull back shortly even after div later next week
will re-enter sub 2200
Fusion98

Are you on crack?
They made climate predictions in the 1970's when the oil companies already knew what was occuring. The predictions from the 1970 is spot on with what we are experiencing right now. Go look at them and see what they predict for 2050, i'm glad i live on top of a hill.

are you Gordon Brown with a magic money tree? read your statement below again, cash is a finite resource
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bt should work towards giving worker better wages not only beating inflation but exceed it.
but increment cannot come at the expense of shareholders profit.

The company has done sweet FA for years, the price of oil is at an all time high and even then the company doesnt have enough money as a going concern so is asking people to stump up more... Just close it because this isnt a company its a liability and the board are just milking you for all they can.