Member Info for MadMat

I remember holding BT shares from £5 all the way down to about £1.5... all the time thinking it will start going up again soon. When new lows are made each week then who's know where the bottom is...

I bailed on VOD yesterday, and put the money into BT, mainly because I understand BT's plan and can see them working towards it. With VOD I can't even see what the plan is.

So in terms of turning big ships around, BT is further down the road... or so it seems to me.

Delusional horrible vile individual

"The simple reason for this is that inclusion in a major index means that a lot of large funds have to buy the recently added shares."

... and those large funds wont be buying a share or two... they will start building sizable positions

Good point Hammer, thanks for the insight.

Surely rumours of a bid would push the price up

Wonder if those 2 x 3,000,000 trades were buys or sells

Even when the conflict does ease... who's gona wana go there?

It used to be billed as a holiday destination... it will take a generation to rebuild that image.

The profit warning was given in the half year results, 22nd Nov… so the market reaction to the reiteration of this in the recent trading update, was a massive over reaction in my view.

Whilst it’s a shame to see the gains of recent months wiped out in a day, I can see that the company is investing heavily and transforming, the Velocity programme, the drive to net zero, the BnQ partnership… and I expect the benefits of this to be realised over the coming quarters.

Agree with all that Fleccy, BT's pretty much doing all the right things, but it will take a little longer before the real benefits of the massive transformation are seen.

Sorry! Can someone please explain the RNS in English.

"Non-Executive Director, transferred 1,200,000 of the Company's guaranteed senior unsecured unrated convertible bonds due 2026 ("Convertible Bonds") on 14 December 2023, at 97 pence per Convertible Bond, to The MCMLXIII Fund, an FCA authorised fund, in exchange for shares in that fund."

So has he swapped his shares, or company debt... or something.... for a stake in a managed fund?

If yes, then so what?

thanks

M

Shorts also reduced (according to this site) from 1.69 to 1.1

Shame the article doesn't explain why, or whether an improved offer is expected

What with Brexit, Covid, a disastrous mini-budget, and looming election; there is little confidence in the government with anyone… particularly with overseas investors. As such the UK equities market is at bargain basement prices….

Good time for those with enough nerve to be building strong diverse portfolios

See it doesn't like the 'less than' symbol

Holdings in company

======================================

When/Who Before After %Change

--------------------------------------

GAM Investment 5.21 4.67 -0.54

Jupiter Fund 4.88 8.05 3.17

FIL Limited less than5% 5.25 5.25

Lombard Odier 2.85 3.24 0.39

Schroders Plc 11.99 10.89 -1.1

GAM Investment none 5.21 5.21

Schroders Plc 12.99 11.99 -1

Martin Currie none 5.03 5.03

Schroders Plc 13.00 12.99 -0.01

16.4 total

=========================================

Holdings in company

======================================

When/Who Before After %Change

--------------------------------------

GAM Investment 5.21 4.67 -0.54

Jupiter Fund 4.88 8.05 3.17

FIL Limited

Looking at the Holdings in Company RNSs over about 6 months... it seems whilst Schroders is reducing their huge position, for the most part the big boys are buying.

Holdings in company

======================================

When/Who Before After %Change

--------------------------------------

GAM Investment 5.21 4.67 -0.54

Jupiter Fund 4.88 8.05 3.17

FIL Limited

Does anyone have anything to say about the RNS?

For example:

"in the third quarter, we secured over £40m of annualised revenue from new multi-year contracts. These contracts represent attractive growth opportunities but have taken longer to mobilise, due to contract specific delays. Therefore, new contract revenues will have only marginal benefit in FY24 with the full effect coming in FY25"

What the stock market taketh away the stock market giveth back again

Fingers cross for some good numbers on Thursday, indicating the continued recovery.

https://www.iata.org/en/iata-repository/publications/economic-reports/air-passenger-market-analysis---november-2023/

Clearly this is well past the 'idea' stage. Proof of Concept, prototyping etc will have already been done.