The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
I think there is going to be disappointment in the dividend I’m sure there is going to be an acquisition before we get to the February finals to beef up there wealth management business which would not be a bad thing.
Well slowly turning into a down hill run.Court case starts 19th October results 4th November if this keeps dropping and court case gets thrown out and where down to the 120 area I’ll be averaging back in I’m sure most off the negative news will be priced in by then I’m hoping.
This Fleccy is off ii article .
The view of UBS on BT is much more pessimistic ahead of the telecoms company reporting second quarter results on 4 November. Analyst Polo Tang's anti-consensus “sell” rating is based on rising infrastructure competition for the Openreach division.
He also doubts whether the upward trend for gilt yields will be as supportive for BT's share price as many assume. There's been a relatively close correlation between the two in the past three years, but going forward the company's actuarial pension deficit is likely to be less sensitive to gilt yields due to other moving parts in calculations.
Every 110 basis point increase in gilt yields is now only a £200 million reduction in the actuarial deficit, whereas every 0.7% increase in the rate of inflation is a £1.6 billion rise in the deficit.
UBS expects BT to report weakening financials quarter-on-quarter and mixed operational trends in the Q2 results, leading to a consensus forecast showing earnings 3% lower.
There might be an update on BT's previously announced suggestion to consider a full-fibre joint venture allowing Openreach to connect up to five million more homes. The division is currently working on its own plan to spend £15 billion on upgrading 25 million homes and businesses from copper phone networks.
Seems to me ubs has valid points why they come up with £1.30 price target .The pension deficit seems to be never ending hangover a £1.6 billion increase per 0.7 inflation increase seems to depend on where you sit on inflation.For me a few interest rate rises along with significant drop in oil gas commodities prices as we come out winter will tame inflation.Think next results are going to disappoint and lack of news updates we have been waiting on .But think will give braver buyers opportunity with lower price entry with surly some corporate action to follow.Any one heard any news on the 600million court case?
Yea cheap think the forward earning PE was just over 5 on ubs numbers I no prices go up and down even if we just stick around 70/80 for years to come these are good value.
Think a close today above 81$ will be new support lvl still bullish on oil gas going forward .OPEC are going to keep supply tight even demand does drop they need this price lvl.Going to see sustained prices especially if cold winter and expecting to see other surge in demand for travel come spring .
I was lucky sold out last week on news off court case going ahead thought better safe than sorry for a small profit this time.Seems down to £1.46 was a bit over reaction this morning but I think this will definitely be in play by Christmas.So I’ll sit back again and watch from side lines till already court case out off the way
This is not going down anywhere soon constantly high oil gas coal copper prices are here to stay would need to see substantial global down turn to stop.China economy slowing due to lack of resources this is on going every where countries still relaxing restrictions flights cruises travel all still ramping up this is going to run.25% my portfolio in RDSA BP GLEN and can see me not needing to change this for a long time.Predicition for me is for them to go up 25% before years out.Good luck all.
Last time oil was at 80$ in 2018 shell was at around £27
I think people are just not thinking off the huge potential off long term benefits off shifting 60% of the business to wind solar hydrogen charging networks.It’s true BP is loss making in these areas for now scaling up these overtime and uptake by people switching over will turn to reliable profits.The value of these investments will probably only ever go up once you run out off wind farm space there’s no more competition location is key to all these new investments.Think these uk /euro oil majors are going to do really well and will no doubt as these investments become profitable can see them splitting the oil gas from renewables.
The rumours off larger beer cider shortages must be true to some point. My son works at one and been telling me for weeks they keep selling out due to not enough supply.Today says been very quiet telling customers before they enter there out of beer and larger.Also been having trouble with some food supplies but it’s mainly alcohol.On the plus side when they have a had supply been very busy so there is still demand out there for people who want to have a life.I don’t own any shares here but at some point I may still think JD has a good brand.