Hi Chrisatbirdies, Happy to be disagreed with. There are no figures except those plucked from thin air. Unless or until the first fertiliser is sold then this is speculative even setting aside the tunnel build. Once this is productive then we can talk figures.
The way that the environment is heading with wildly varying weather it isn't even certain what needs agriculture will have to implement in 5,6,7 or more years time.
However I have money in this share as a gamble so am committed in that respect, but am horrified by the sheer volume of nonsense posted with all the theories. No one with a nervous disposition should be within a country mile of any share let alone a known speculative one.
Nobody knows where the share price can or will go and anyone who guesses correctly has done just that ,guessed.
Isn't all this speculation what got some people into what appears to be over their heads wildly expecting riches beyond avarice.
This is a hugely speculative share regardless of funding given the nature of the tunnel alone. Assuming the funding is obtained the chances are very high that there will be further funding when costs escalate as they always do on these type of projects.
This share should be a bit of nonsense for a punt on the company coming good eventually. Not betting the house on a pony.
BT as a virtual monopoly has destroyed its value over years and now due to inept BoD not forward thinking but only thinking of their own rewards the share price sits at a previous unimaginable low.
When the divi is cut the share will sink again from whatever range it trades at for a period. Almost certainly a given now.
I struggle to understand all the sniping and insults about who is clever and made this profit or that loss on BT or other shares. If registration on these forums/chit chat sites used the same money laundering ID requirements (real names and location) the gobsh*tes (cue gobsh*tes) wouldn't say boo to a goose and perhaps there would be fewer but more level headed posts, but also it would be pretty thinned out as well.
I'm sure my post won't make much difference to those throwing insults at each other ,but many of us who visit this forum prefer some genuine news or ideas about the share price. I just don't get the constant score settling. Perhaps not having enough to occupy might be part of the reason.
No one, repeat, no one knows. Make your own number up as that is all anyone can do anyway. It is complete conjecture and bears no relation to reality. Bit like booking forward "profits".
By the time this ever gets on a crop 100 things could change any guesses today.
Sure, there has been the India and China intent to buy one day, but how much will King Edward pots be selling at in 5,6,7 years time.
I'm invested so this is not a knock, but how many of the shares have been given as opposed to bought with cold hard cash by CF. Not sure that should be the benchmark for the guarantee of funding.
de Niro? Are you kidding. This is the tool whose father (a director) got him started and he has been playing the same part ever since. Trouble with these egos is that they start to believe their own publicists b/s. At least Trump was elected.
The Trump phoney trade war making some turn into hysterics won't be to blame for this share price. That would mean that all those shares that will be unaffected are also down to Trump then or is he only to blame , like Brexit, for anything that people don't like.
Trump may be clumsy, but it wasn't Trump who gave the keys of the hen house to China over the past 25 years.
I don't understand why so many spend so much time argueing with people who either genuinely or for underhand purposes feel the share has had it which begs the question why the critics still hold or need to tell the world as surely they have sold out or never held in the first place and moved on which suggests they are simply looking to cause trouble and wind people up as if I was so clever I could not spare time from my private island to wind people up on this forum.
It's a no brainer. Sell if you think the company will disappear under current ownership or hold or buy more if you believe it will carry on successfully and actually produce fertiliser at profit.
Is there any genuine news on funding? No. Is anyone aware of the BoD throwing in the towel? No. Do we know journalists get paid to fill pages of blank sheets or nowadays computer screen mostly just regurgitating official announcements? Yes.
I think you may be right about the raising the share price as when vod rumour mill tower sell off into separate company was mooted. How long vod sp stays higher remains to be seen.
Would an Openreach rumour have such an affect on the BT share price though. In fairness, I would also probably flog my BT shares if they spiked significantly higher,but are there still too many drags on the company anyway. Plus if they did somehow remain between £2-3 with a divi at 4% or more that might be an attractive hold.
TLWilliams, trouble is that everything now has an affect on share prices. The most puerile social media musings, FT comment, bizarre analyst comments or US/China spate or central bank not guaranteeing a free lunch any longer creates mayhem.
If the world cannot over consume on credit, pollute the world or destroy our environment then instant gratification is not achieved.
The crazy low interest rates to sustain the indebted and companies borrowing to buy back shares to make the bottom line look good.
It is built on a bed of sand.
Even at full production I never imagined that we would see £1. I'm down but holding at a paper loss of 27%
I'd be disappointed if it lost me my entire holding but it wouldn't affect me financially just prevent me buying such a risky share again. But what currently isn't a risky share.I always knew it was ambitious but believe in the product given the hunger for effective fertiliser to feed a burgeoning world population.
The length of the tunnel was the one real concern and what it would take to get it completed.
But who would make a bid in reality? I mean a genuine and bona fide bid and not some ramping share spike nonsense that fizzled as quickly as it started.
What would be the attraction? The pension deficit, the infrastructure commitment...…Every advantage that BT has had has been wasted.
If we look back to the dotcom bubble, but unfair perhaps then this share is a mess aside from the divi.
If it was taken over what happens re: divi? Presumably suspended due to current malaise driving the sp down after a spike.
Personally, I would be delighted to see BT between £2-3 with a divi of 4%-5%.
Would BT be so affected by any real downturn/hysterical Brexit armageddon scenario. How many need or use broadband and that needs a landline for a reliable cost effective service. People aren't simply going to disconnect their phone lines to lose the broadband.
The DB nonsense was self fulfilling but certainly the share price couldn't have been affected by people like us. However it does spook many people.
Who would buy BT in reality. A foreign buyer is almost certainly out of the question given the nature of some of the work that BT does so leaves domestic buyer. What would they be buying in real terms; a pension deficit, a committment to achieve broadband infrastructure/service levels.....
It is no comfort I know to those who are worried about the funding etc and all the conspiracy theories, but rule No1 of shares is to only use money you can really afford to lose. Same as betting.
All the angst can't influence a thing.
The funds will or won't be obtained and the project will or won't materialise to the point it actually produces fertiliser at a profit.
If anyone knew more then they wouldn't be on here, myself included.
If on the balance of probabilities you believe the project is doomed under current funding issues then sell at a loss(assuming you bought above current levels) ,but assuming that no one here really believed that the government or a sovereign fund owes us a living then stay invested with the absolutely known risks associated with that decision.
Deutsche Bank's cyrstal ball?
Aside from the natural ex divi price drop and the jitters about a divi cut this all seems to be about achieving a self fulfilling analysts prophecy to see the sp lower.
People buy into this nonsense evidenced by the current sp and convince themselves that to match their own outlook. The bigger sells which of course have a correlating buyer eventually drives this along with the game players.
This is like Vod to a degree in my opinion. SP drops and then on a rumour of flogging masts (which can only be done once) the sp jumps.
BT has all the means to drive the sp higher(whether they get their act together is another thing) eventually ,but only if Deutsche Bank says so apparently.
Sounds pretty good to me.
If people didn't/don't know the risks associated with this company then it begs the question what did they think they were buying.
I'm never sure what it is posters expect others to tell them to make things better when a decline happens. Shares mostly are a gamble as if you went to the bookies and placed an each way on a horse.
How many have seen the pharma cash burn time and time again. SXX is going to burn plenty of cash to get to production stage. The difference is that the product is actually there and is supposed to work to help feed the billions.
If you believe this is going to the dogs then get out with whatever you can salvage,but if you still believe that this will actually get the product to market under current investor steam then hold. It surely is no more complicated than that.