The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Cheers Ash11 :)
Hi all,
Can someone confirm if it is Ex-Divi of 5.5p per share or Divi Impact of 2.3% tomorrow?
Thanks in advance.
@BTET: Have you just left BT recently? Or a long time ago?
I have a friend who left recently, and he said he paid extra into his Saveshare to ensure he could make whatever when it matured.
However, like you he never got an option to do anything other than see gains.
Anyway, long story short - he was told by EQUINITI - that those who recently left - you will be alloted your shares on 15th August or after (depending which tranche you fall into when they do the allotted share amounts).
Furthermore, not to be a bearer of bad news - but passing info. on from what I have been told - you do not qualify for the dividend if you have not been allotted those shares you have matured (as although it matured on the 1st Aug - and the XD date is 3rd Aug) - your not a owner of those shares until the 15th Aug or post that date.
Fingers crossed you will tell me that you left long time ago and not recently (ie. Past month or two ago).
Sure thing as long as you know what he meant :) Personally, I think the problem is the lack of financial literacy and education to know how to invest; with how to read balance sheets; interest rates; mortgages; how to start and run a business and other related real life financial topics that prevent people earning passively - as it is and was, never taught in school how to earn passively like what you say duncb via rentals or stocks as well as other methods. Only if someone is lucky enough to know or seen someone who does/done these things and they have passed that knowledge down would people know where to direct their ‘busyness’ efficiently to make more money. On different perspective some people just enjoy their job regardless of pay amount and job satisfaction is priority - not money. Each to their own :)
Ah ok thanks for clarifying and I understand now. Good luck with the money transfer and hope it works out for you.
@Saab93se : You will get your payout of £1670.
So you will make a few hundred pounds profit - as long as your remaining half you have left (after you mentioned you just sold a half) - that the shareprice does not go sub 105 - then you will make that gain - anything lower than 105 you will make a loss (ie. Your profit will be wiped out). However, you will make capital growth profit on your remaining half - if the sp is anything pass 120 mark (on top of your few hundred pound profit from dividend).
Hope that makes sense.
GL :)
Your choice Duncb - but what is that transfer fee of £350? Plus you never mentioned 0% for ‘about’ 20months. Thought you meant borrow £10K for interest of 3.5% - which is not a transfer fee, but what you will either every month or per annum.
So if you are getting 0% for about 20months good luck to you and hope you make more than you borrowed in 20 months (although, strange why it is 20months and not a year or two months - makes me question the loan as never seen for that in any type of borrowing?).
Furthermore, no disrespect to your dad - but we earn money to make money work for us so we dont have to make it ourselves - it then becomes passive….tell your dad that ;)
GL & ATB.
@Duncb - Dont do it matey - I know you’re about £3k in the hole atm but you’re divis from your 20000 share holding will bring the loss down to a 1/3 if price remains at current level (more if it declines and recover if it increases) - taking a loan out @3.5% for £10K is not a good idea! Esp. If that shareprice falls further you in the shiit and worse in debt to the bank. Just hope your 20000 shares you accumulated is your own money and not borrowed.
Play with what you can afford to lose (your money not others) - unless you’re a: gambler; trader; banker or investor for someone or something then wish you good luck.
Do any BT employees have shares maturing this month from saveshare? I seem to recall someone on here saying they did, but want to know if the price reverts back to what you bought it in for say 3 years ago - do you get your money back or you lose it if the share goes down (and vice versa) if it has matured?
Also, are there schemes open in BT to take advantage of the current low shareprice at the moment?
@1MSN: Take 5-6% off whatever the sp ends at CoP to account for XD tomorrow, and that will be the starting price tomorrow - will be 110 if it continues to drifts that way AFTER post XD date.
@Fleccy: Because that downgrade is a big deal which affects not only US. Furthermore, interests rates due to rise again this Thursday - which if so, down the market goes.
@BP - No worries matey….I mean she wont be remembered.
According to past records - She has done nothing to help Telia with their SP other than drive that to the ground (external and economical factors maybe a partial reason which has been considered ofc).
Also, same with Tele2 AB (2015-2018) and TDC Group (2018-2020) - she has done nothing to revive any market capitalisation to any of those telecoms company in Sweden and the Baltics under her tenure either and reversed them into decline (although Covid hit during the latter at TDC Group so that has been factored also).
So what is she going to do in BT, other than shuffle accounting numbers, and make the head counts and continue the Fibre rollout as her primary objective for her 3 years which is PJ’s strategy (as that seems to be her track record before moving), if she even lasts that long.
Sit, cover, move…..and cushty for her tbh as it’s all planned out for her esp. as she stated she has been away from her family for 10 years (perfect offer to bring her back to her family).
And even Adam Crozier, had little to say other than “she is a proven leader, with deep sector experience and a history of having transformed businesses” (not stipulating what she’s proved, or how she has transformed them to become what?)….other than stats show she’s transformed previous businesses to either all time low or lesser market capitalisation after leaving those firms.
I dont mean to be negative, but stating observation from factual information found (and should not judge past historic performance to current but at that level it is a must to be considered imho). I will be happy to be proven wrong - as PJ already set out the strategy - there will be nothing new here for her to do, or we do not already know.
I wonder if the market realise this….and are just letting BT rideout the plan(s), and see where it goes…in hope she dont mess up those plans that are in motion.
Yes, I absolutely believe she is the wrong candidate and most certainly this type of news is supposed to enthuse the market….but this news and big deal (usually to large firms) has done absolutely nothing than send the SP down closer to 1.2% at present time.
Only good thing of this news is sending it lower to pick up cheaper shares for XD next week.
@BluePete: Because PJ cut from different cloth to Allison - and although stated as retiring - they cant let someone with his rep be tarnished as a fall guy as his end story.
Telia already at ATL - so no different Allison comes and goes from BT….if you know what I mean.
Hence, why I think unless she can make a U-Turn for BT sp and reassurance and a difference…
Certainly seems like it is going that way Fleccy. Really suprised Marc didn’t get it - but have speculations why he may not have got it or even wanted it - and I guess not many have heard of Allison Kirkby - makes me think she is a fall person - ie. no one know one knows her coming in and same when she leaves - unless she’s a positive disruptor and actually makes a difference to BT will we see some actual movement.