Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
I’m on the side of a bid, it won’t come till the Spring, and it will be shot down in flames. BUT we will enter into an era where more of the true worth of BT will be shown in its shareprice. What happens after that is down to a Labour government and how much of a majority it has.
DYOR
I’d go far as to say it’s a horror movie Raymondo. I’d be happy with a “Mary Poppins” increase in the share price.
With Drahi’s debt position, I read into either he finds a wholesale buyer, so it’s a lift and shift ownership to AN Other. Or his long term strategy will need to executed much sooner, and unlocking the hidden value in BT, that is if he has designs on owning BT, his 25% may have slumped but so has the other 75%. I’ll quite happily take 250p - 285p a share that’s down from north of 300p a year ago.
Did anybody buy into BT on the back of Drahi investing, really?
Microsoft and Amazon face probe over cloud computing concerns
Tech giants using tactics to protect their hold on £7.5bn market, report finds.
Amazon and Microsoft’s grip on the cloud computing industry will be investigated by competition authorities after a study found the two companies were potentially stifling rivals.
The Competition and Markets Authority (CMA) said it would launch the investigation following findings from Ofcom which revealed the US tech giants are using tactics to prevent customers from switching to other providers.
Amazon and Microsoft dominate the market for cloud computing – in which companies store data and run software in massive data centres owned by the providers and access them over the internet.
Ofcom found they have as much as 80pc of the UK market between them, and said it was concerned about potentially anti-competitive tactics.
The Computer & Communications Industry Association, a US lobby group which has members including Amazon, warned that the inquiry could harm innovation.
“There is no case for a broad inquiry that could undermine the flexibility that allows cloud providers to constantly innovate with new services and new commercial offers. The CMA needs to show restraint,” it said.
Ofcom concerns
In a 254-page report into cloud computing, Ofcom said it was “particularly concerned” about Amazon and Microsoft’s position.…………
About time Ofcom challenged the world of cloud computing.
Fleccy, nobody mentioned a reducing pool of shares nor any buyback, you’ve read my question and decided to answer it with a blanket macro reply. My question was directed at the individual investor.
Wouldn’t it have made more financial sense to take the divi in a cool period of reassessment and if buying more BT shares was really the big ticket dream, then to buy now at 112p or less in the coming weeks, cash is king as they say. Just a counter view to the divi reinvestment ideology.
The technical business term is called churn, also the customers a business loses offset against new business customers is sometimes called net churn. Having a positive nett churn is perfectly dandy.
Would that be a football match governed by VAR, Fleccy. You never know then.
In short the appetite might be there but the ability to achieve may be slight. In contrast, DT would have the opposite parameters. Maybe a joint effort would achieve something for both DT and Altice. For DT, money and Altice, assets in an empire construction.
TalkTalk boss Tristia Harrison steps down amid break-up of telecoms company
The company is facing a turbulent period as it struggles under a £1.1bn debt pile.
TalkTalk boss Tristia Harrison is stepping down after six years in the role as the troubled telecoms company braces for a break-up.
Ms Harrison, who took over the top job in 2017, will leave her role as chief executive early next year amid a plan to split the business into three.
She will lead a new transition board that will oversee the process of carving TalkTalk into separate consumer, business and wholesale divisions.
The break-up is expected to be completed by March, when Ms Harrison will take up a seat on the board of the wholesale unit – dubbed Platform X.
Her departure underscores a turbulent period for TalkTalk, which was spun off from Carphone Warehouse by founder Sir Charles Dunstone in 2010.
The company is struggling under a £1.1bn debt pile and its bond yields have surged to distressed levels as a costly refinancing looms early next year.
TalkTalk has already put its business-to-business division up for sale in a bid to raise more capital. Analysts believe the sale could raise £150m.
However, the process suffered a setback after late-stage talks with Sky broke down. Daisy Group, a B2B provider founded by entrepreneur Matthew Riley, is now thought to be the frontrunner.
TalkTalk is racing to complete the sale by the end of the year, while it may explore a similar deal or investment for its consumer division and sell a stake in the wholesale platform.…………
When you operate on ultra thin margins, guess what. I guess they’ll be gone within a year.
The trend would indicate the divi payment for reinvestment would be less than 119p based on the reducing shareprice from one divi payment date to the next.
Chicken in a basket with chips, now you’re talking.
Fairly logical Fleccy, or invest in something else or at least diversify.
UK set to clear Microsoft’s deal to buy Call of Duty maker Activision Blizzard
The $69bn acquisition is expected to go ahead as revised proposal addresses regulator’s concerns.
I remember hearing that as the above wasn’t palatable with M&C then what would, and certainly BT wouldn’t be a goer. Watch this space for BT sooner rather than later.
Frankly all this missing the point, is pointless. Delays on 5G won’t change the share price on the short term media messaging.
BT chief and former ITV boss approached for BBC chairman role
Philip Jansen and Sir Peter Bazalgette join list of candidates to replace Richard Sharp.
The departing chief executive of BT and former boss of ITV have been approached for the BBC chairman role as the Government tries to plug the gap at the top of the public service broadcaster.
Philip Jansen, who is due to step down from the telecoms giant in the coming months, has been contacted by headhunters for the top job.
The Telegraph has learnt Sir Peter Bazalgette, a veteran media executive who was chairman of ITV until last year, has also been contacted about the role, as has Mr Jansen’s predecessor at BT, Gavin Patterson.
Mr Jansen, whose involvement was first reported by The Times, announced in July he would step down from BT at an “appropriate moment” over the next 12 months.
But sources close to the telecoms boss suggested he was unlikely to take the job and was planning to take a break after leaving BT.……………..
They could go for S White and totally kill off the Beeb.
Yes the line in the sand is June 23, for the triennial review. This won’t be reported till the mid point of 2024. I do think this is a fairly long time, given the trustees have all the data to use their updated criteria, metrics and assumptions to assess the value of assets and the liabilities of an investment pot. I know financial modelling is fairly dynamic these days, more so as the pension has been closed to new members for several years and closed to contributions for at least 6 years. So this process is more about the story telling and less about the data output.
As an aside what do you think the deficit will do, reduce or increase and by how much?
Is Fleccy really AI in its full glory. The program gets activated after every Mandy message.
Phat, one years pay on voluntary redundancy terms is still a hell of an offer. Given some of the demographics of the CWU, this could be Game, Set and Snatch.