Member Info for ianfm

I got 5k at 130.5 just before lunch. Happy to sit and wait semi LT. Frustrating with what is happening tho.

is now the 2nd worst performing on the 350.

And a load more buys than sells, given some degree of overlap. Crazy.
Guess a lot of investors are getting bored and selling for only a few pence rise.

Need to get back to the days of +10-15p swings

Why would it not if they have the approval? Im sure that if INA backed out there would be some sort of recompense

Can we see a blue day today?

The div is paid on monday, so doesn't make much sense to buy back in before then considering he sold today haha :)

Great few days pushing here, bought a load more today as well. Let's hope it continues.

IMO once the rollout is nearing completion or complete, and those things are done they will return to profitability. Consumer which is the driving force of the business will rake in more on fibre fee's without the need for expensive maintainance.
The consolidation of the 2 LoB units, will also aim to remove redundant middle managers, and have the right person doing the right job compared to 2 people doing half a job. There is a lot of overlap between the 2 business units currently, so the merging is a no brainer, but also aids cross selling and upselling.
The FTTP capex is the single largest cost right now, once the investment drops to normal levels, the profits will return and allow BT to put fingers in more pies with weight like they used to compared to a few mill here and there.

Just briefly hit 130 again.

Cityfiber have just announced job cuts down from 2000, to 1600.
not sure how they expect to achieve 25% coverage with a workforce that small.

I know there have been rumours before, but it really does feel like this could be being primed for a takeover. It would explain the lack of director buys, no institutional transactions (buy or sell) and the drop being caused by potential purchasers doing all they can to drive down prices and get this on the cheap.

Exactly why I've speculated in a few previous posts that I think there could be a buy incoming.

https://www.shiftingshares.com/what-is-an-uncrossing-trade/

If you mean
31-Jan-23 16:35:04 68.50 1,571,416 Buy* 68.00 68.20 1m UT
that was the UT, not a buy.

Its BT, it always drops on results day, every 6 months for at least the past 5 years its dropped.

IAG, the runt of the airlines again lol. Wow

And down we go, didn't last long did it, still at least it sets the upward trend for our results.

7mil mcap, so £10mil for an established tournament winning esports team with room to grow. Bargain for someone like sky, pennies from the sofa if it were ever to happen

172.3 now a short breather.

Weatherspoon sales surge but costs remain high
JD Wetherspoon has revealed its sales at the end of 2022 were far higher than the previous year, but still lagging slightly behind pre-pandemic levels.

The pub chain said like-for-like sales surged by nearly 18pc over the last three months of 2022, compared with the same period in 2021, but remained 2pc lower than the pre-pandemic period in 2019.

Costs in the hospitality sector were far higher than before Covid-19, Wetherspoon stressed, especially for labour, food, energy and maintenance, which has weighed heavily on pub and restaurant groups.

Still got legs, just need to see through this rough patch.

Wetherspoons update.

The group's chairman, Tim Martin, stressed he felt the biggest threat to the hospitality industry is pubs and restaurants being "overtaxed", while supermarkets pay no VAT on food sales.

Wetherspoon's net debt was £745m in late January, around £60m lower than it reported in the same stage in early 2020.