Member Info for Milliethedog

Bought back in @999. So will average down soon.
15 minutes until Dow opens & futures show to drop 457 points.
Will just wait i think until after 2:30 as RDSB may drop further.....

Millie

"any surplus will likely go back to the company"
At c£50bn that would be great fleccy.
So, does that happen with the passing of the last pensioner?
If so that's a HUGE amount of money at BT market cap today.

Plus, someone mentioned part of OR could be 'given' to Pension Fund.
If you're correct that asset would eventually be returned to BT....

Still not totally convinced what happens to the £50bn in the end.....
£50bn given to a company valued at £10bn. Doesn't seem to add up to my basic thinking.

Thanks for replying

M

I don't know a great lot about how these huge pension schemes really work. But i'm hoping someone on here will be able to educate me.
I heard a little while ago that the pension scheme related to the old British Coal had amassed a valuation of c£50bn.
Now, as the pensioners slowly pass away, and eventually there are none left, what happens to the £50bn?

Sorry it's not BT related but there are some pretty switched on folks on this BB who might know the answer.
Maybe it does even have some relevance to BT's scheme, i don't know....

M

Next takeover rumour.....

Actually, don't say anything, but i've heard from 'a very good source' that Ant n Dec together with Irish pub band The Lepricorns are lining up a bid for EE....

Shhhhh......keep it quiet chaps.

M

Not sure i fully get you there NW. Do you mean short BT all the way from 60p down to 30p?
Or if you mean buy at 60p, why would you if you think the SP will drop all the way to 30p.

Isn't the main idea to buy sheep & sell deer?
What's your research behind this reasoning please?
M

Well done there Trek.
Have been predicting with some success price range movement over on ADVFN BT board.
Been getting slaughtered for my trouble too....lol; some people just don't get it
Sticking to my post here of last week.....
"Looking back at my notes; i bought @ 140.005p on 23 March
....anything 160 - 140 & i'll buy back in for a long term hold
GL all"

M

Isn't it about time we had another one of those weekend Pump n Dump takeover humours written by some hard up hack....??

M

Spoke too soon nick; off 2.5p now.....everything reacting to US indices

M

Bought back in @ 100.667p
May drop lower so have held a bit back
Anyone else considering £1 to buy in at?
M

Welcome back HK....

https://seekingalpha.com/news/3616499-hsbc-global-asset-management-pollination-to-launch-largest-natural-capital-manager?utm_source=investing.com&utm_medium=referral

Millie

Nick is correct; from 138 on 23 March to 215 on 26th. That's a 56% gain. Some bounce!
Does anyone have a view as to why we have dropped 25% over the last 6 weeks?
Guess it's the general market and not company specific.
Long @ 182.45
M

Apologies Nige, missed that part.
He's a very unpredictable man tho.....

Dash!....bounced off the 101.75 at 11:15 (104.2 now)
Patience is the game name here i think.....
M

NigeCo, re vaccine.
Yes, i think as soon as a vaccine is announced for this bl**dy disease it will also give stock markets a shot in the arm.
It's also possible Trump will announce something to coincide with the US election in November; the man will do anything to get re-elected imv. Am not saying it will be the 'golden bullet' but will be positive enough to assist getting him elected again.
Agree, no properly tested vaccine until mid/late 2021....

£1 this week?
M

Looking back at my notes; i bought @ 140.005p on 23 March
....anything 160 - 140 & i'll buy back in for a long term hold
GL all
M

Am just making the point that if Data fraud was a huge problem for the authorities before the Covid work from home changes, then it can only be more so with less security.
Everyone is talking about the cost savings of 'home working' over the expence of office space.
But perhaps in a few months we may see news items detailing a rise in this type of crime...

M
M

Ok NDN, thanks for replying.
But, you must be a very nieve person or/and very trusting....

Lets leave it there eh....
M

NDN,
In other words, very little security compared to a call centre environment. Anyone in that call centre/office is an employee that has a certain security clearance. I don't think the field operative would have the ability to pass you through security to access your private data anyway.
It is entirely down to the 'home worker'.
I, for one, won't be calling my Bank/Utility provider/ Credit Card provider unless i have no option.

If i'm thinking this way, you can bet the 'bad guy's' are well ahead of me...

M

To answer my second question myself....
Once your personal information is up on screen on the kitchen laptop there is absolutely no security whatsoever.
Your data is up for anyone who walks in

So we have moved from a secure environment, in an office/call centre, where all the people are vetted.
To the kitchen laptop.......
Where is the Data protection Act? Do we still have one?
M

Saito.....thank's for that reply

But what about security of who see's what on the screen?

M

Just a question that someone may know the answer to.
If someone works in an office, presumably on a secure network, when they work from home using their home broadband connection, is the security of the data they see compromised.
One, from a connection prespective; wifi to a laptop in the kitchen
Two, once you have been taken through security questions, who else may be looking at your private information on the screen in the kitchen

How does the Data Protection Act fit into this scenario?

Millie