Member Info for JJSTEV

Me misreading the post 🫣

I suppose the difference in values relates to community fibre seen as having growing numbers of customers and actually owning infrastructure where as talk talk is seen as a company in trouble, losing customers and a reseller rather than owning fibre infrastructure.

Does that warrant a £1.8 billion difference? the valuers obviously think so.

This article has it at a lower price

https://www.cityam.com/vodafonethree-enters-race-for-talktalk-customers-with-takeover-bid/

Could be this

https://www.proactiveinvestors.co.uk/companies/news/1093658/is-the-bt-group-s-investment-case-flattered-by-high-hopes-1093658.html

Https://archive.is/20260113214810/https://www.telegraph.co.uk/business/2026/01/13/vulture-fund-london-broadband-provider-administration/

I’ve sold half my holding.

I’m in profit as I bought some at 104 back in 2024 ( before the quote by Alison on shorters) I did do some panic buying/selling over the last year and it generally never went in my favour. My mentally was to try and increase my number of shares but hey ho it didn’t always turn out that way.

With regards the H2 results if everything is flat I think we’ll see the usual drop then recovery, however the BT share price does have an habit of doing the opposite of what you think

Someone posted this on here a while ago, it works for the FT article.

If the link doesn’t take you to the ft article put the url in the search window at the top of the screen on this link

https://archive.ph/O66kN

Https://www.tipranks.com/stocks/ch:bt/forecast

This is the only thing I’ve found with a downgrade and hold target of 225

I don’t know when the DB scheme closed to new starters at BT but at a guess I would say early mid 2000’s. So assume the youngest are mid to late 40’s you are looking at payments for another 40 years or so but they will have a massively reduced DB pension as they won’t have paid in for long, let’s say 10 years if they are lucky. They will get approx 1/6 of the 60th’s you then factor in the career average part and it will be even lower so it will be a tapering down of payments over the years. The unknown is how many of the BTPS members are actually taking their pension and their start dates in the scheme.

Yes, BTPS sections A,B & C are all defined benefit schemes, used to be final salary then changed to career average around 2008 eventually ceasing in 2018. All benefits accrued up to the dates of changing and closer are ‘safe’.

From 2018 the BTRSS and BTRSS/hybrid schemes were the only ones available. BTRSS is defined contribution so effectively a saving/investment scheme and the hybrid was a mix of the old BTPS and BTRSS available to team members only (if the wanted to go on it rather than full BTRSS) who were on the old BTPS scheme at the time of closure.

I’m a long time lurker.

With regards the crown guarantee the way I read it is that members will still get benefits.

The Crown Guarantee

When BT was privatised in 1984, the Government provided the BTPS with a special protection in the form of a guarantee. This provides that, in the unlikely event of a winding up of BT Plc, most ongoing contribution obligations of BT Plc to the BTPS would be met by the Government (known as the "Crown Guarantee"). As such, the Crown Guarantee doesn't cover the benefits of individual members but rather enhances the security of member benefits in the BTPS overall.

It is important to emphasise that the Crown Guarantee is only relevant in the unlikely event of a winding up of BT plc and, in such circumstances, would enable the Scheme to receive ongoing contributions, if needed, to fund the payment of benefits.

Any protection that may be provided by the Crown Guarantee won't apply to you if you choose to transfer your benefits out of the BTPS into a different pension scheme. So, you should consider this and other factors before deciding to transfer. The Trustee therefore recommends you take independent financial advice before transferring.