Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
I’d ask Polo Tang to headhunt a replacement for Jansen, that way he might cast a little positivity BT’s way.
It’s ironic that HSBC is moving its HQ from Canary Wharf to BT’s old HQ at St Paul’s. 2 years prior to its lease in Docklands being up. Could have kept all the top notch connectivity there for the new tenants.
Agree Rod, we are currently in the season where no deals are done, the 55k of headcount savings was a massive for sale sign going up to say “four bedrooms, quiet cul-de-sac, good schools, excellent transport links into London………….” September/October will be very interesting. I’m buying on that basis now.
Indeed Rod, and of course the old chestnut, I’ll keep taking the divi’s, ………. Well that didn’t work out too well for yours truly for 18 months. Then upon their return, they slumped to half the previous amount. Then of course more speculation about the divi’s needing to halve again. I’ll feel like Black Adder without a cunning plan. Still I heard somebody say they will £5 again soon, and it wasn’t you Rod. Haha.
The BT share is like the film Fatal Attraction, each time the media have expelled as much bad news you thought possible and you’ve turned a corner or you thought you’ve laid Glenn Close to rest, she comes at you with a knife. I just want the film credits to come up.
“Leaders don't create followers, they create more leaders.” In the case of these two, we have a trail of carnage.
…..Which leads to a more interesting question. How much is new BT worth without OR. On a like for like basis on todays valuation it’s minus (£8b). That’s the moronic situation.
BP Wiki says, A hobgoblin is a household spirit, appearing in English folklore, once considered helpful, but which since the spread of Christianity has often been considered mischievous. Shakespeare identifies the character of Puck in his A Midsummer Night's Dream as a hobgoblin.
Or I say it’s a decent enough brew, from Wychwood, which they made famous by advertising “ What’s the matter lager boy, scared you might taste something”.
DYOR. Haha.
Hi Nige, apologies been out most of the the morning. My view is that a bid will be forthcoming, what happens there after is down to the HMG and M&MC and whether it’s approved or rejected. At the very least BT shareprice should increase to the level of the bid for a period of time. I should have made this clear at the time.
I think this share is screaming “takeover” my view is there will be a bid in September (easy Fleccy!). Just my view on prolonged depressed share which is back to the lows of the early days of lockdown, and we all know what happened with regards Mr Drahi building his share portfolio in the subsequent months of these shameless lows.
Death by a thousand excuses.
Let’s see what the shenanigans of Putin/Wagner Group and news of Mr Hunts pension reviews will impact on the FTSE next week.
It seems a ton of Copper fetches circa £7000. So at 200 tons we have a bonanza of £1.4m. Small beer for this year then.
So to all those (picket line lefties) who said Phil had a 32% pay rise in recent years, you can eat those words. The 32% increase was always a true up in the following year to a rather large salary sacrifice charity donation in the year of COVID. Believe the self serving unions at your peril.
I agree Rod, it’s fairly feasible both parties are working together, whether to gain different parts of BT once transacted. But let’s say they are not and it’s a game of indoor Cycle Sprint, where neither are willing to make a move until the time is right and then it’s an explosive race to the finish line. Of course Drahi says he’s not going to bid, so is locked out for 6 months, but that is wiped if another party changes the dynamics. Watch and see.
Oh! It seems to have happened.
From the Telegraph…….
Dame Sharon White loses crunch John Lewis staff vote
Pressure on chairman builds as workers revolt on partnership’s performance under her leadership.
Dame Sharon White is fighting to contain a backlash at John Lewis after losing a vote by its staff council on her management of the business.
The company chairman's authority suffered a blow on Wednesday when the 58-strong council said that it did not have confidence in John Lewis's performance under her leadership over the past year.
The council backed Dame Sharon's future strategy in a second vote, but analysts said that the results were nonetheless a significant public embarrassment.
Clive Black of Shore Capital dubbed the results a "self-inflicted wound".
John Lewis insisted that the vote on the future was the more important of the two and denied a rebellion had taken place.
It comes amid growing disquiet after John Lewis, which owns Waitrose as well as the eponymous department stores, posted an annual loss of £230m and scrapped its annual staff bonus for only the second time in 50 years.
On Wednesday, Dame Sharon told a biannual staff meeting at the company's Odney Club holiday retreat in Berkshire that John Lewis would emerge stronger.
It goes on…………
Obviously she and other members of the civil service thought she was a genius in acting in support of Dido Harding’s self promoting daily complaints against BT. Both got jobs in heading JLP and Track and Trace subsequently and were both found out. Message to the 77,000 JPL staff take this opportunity to move forward and save your company.
Yep, for once OFCOM could make itself useful.
I think we need a business beast, somebody who takes no prisoners and doesn’t care what people think of him (on the far end of that scale). I think Marc has that reputation.
But to be clear, telephone and broadband service are same price as residential, and I’m out of contract in April from a 2 year deal. This migration grab was sold at a 5 year lock-in with a review in 24 months. That’s not something I want to put pen to paper to (as you say).