RE: Velo16 Jun 2018 14:50
As you can see, this is my first post. I have been a member for many years, watching from the sidelines, and then mainly the lloy chat area. BT has been on my radar for some time from both a dividend and share growth perspective. I’ve bought in and sold from around £2.80 down to £2.30 getting out with a small profit or small loss; each time thinking can it go lower. I’m in now at £2.18 and £2.08 currently. I’ve very much enjoyed reading Velo’s comments, can I even say look forward to them, that must be the case, as I missed them for the last month or so. I’m convinced BT will come good and that debt is the issue. Now it’s easy for me to say when I’ve bought in at a lower level than many but I see a cut in dividend as being necessary to reduce debt; just good house keeping really. Whilst I know that I should not take advice from anything I read in the chat areas, I took some comfort from Velo’s analysis that not all is bad with BT. BT may be a legacy company but one I believe that has a very good future.