Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
That’s true Longish , good point.
a) SP 170 or less tomorrow
b) Sterling at its lowest against Euro/USD
c) Big divi payout to DT
d) Bojo’s ambition to rollout fibre broadband and likely to relax some hurdles.
Are these encouraging enough to trigger a cheap hostile takeover offer for a company that makes good profit?
The article doesn’t take into account reduction of pension contribution from £2B in FY19 to £1.2B in FY20 and 0.9B from FY21 onward. Also doesn’t take into account year on year price increase. Adding these up you get more than the £1.5B needed to cover dividend. Remember, dividend rate was increased due to the share price going down.
Deutsche Bank going to exit equity market, seems like they did not get it right for themselves, ditching €288B leveraged assets to bad bank. Any how they still keep the research arm ! “DB has unveiled one of the most radical banking overhauls since the financial crisis, closing swaths of its trading unit and hiving off €74bn of assets as the struggling German lender calls time on its 20-year attempt to break into the top ranks of Wall Street”
The DB analysts loosely says CAPEX increase which is obvious but doesn’t say by how many percent or £mil, as it may well be under control. However, they then today in a separate note rated Vodafone as buy with 240p target price, almost 100% price rise. BT and Vod have their own issues and strengths but it is not like that one is broke and the other is a shining star. Good luck to anyone invest based on such broker notes.
I want to belive the Deutsche Bank but it changes its price traget on BT more often than their shirt. This is the bank transferred €300 M to Lehman Bro on the day of its collapse.
FTSE 100 becomes more and more like AIM, share price drop no matter what, 6% drop on today’s update !!
Exdiv is 27th and is for £0.5075 per share every quarter
An analyst found the answer to fall ! ( text is copy pasted)
In corporate news, British American Tobacco was the worst performer on the top-flight index even as it reaffirmed full-year expectations with constant currency revenue growth in the mid-upper half of long-term guidance range of 3-5%.
https://www.bbc.co.uk/news/av/technology-48458282/rory-s-first-5g-live-broadcast
Came across an article in Telegraph published last year about DT not in favor of BT fiber rollout. Does anyone know why?
Here is the text...
“DT is BT’s biggest shareholder with a 12% stake and, according to the rumour mill, wants BT to pedal as slowly as possible on fibre investment in the UK. Höttges is a non-executive director of BT. ”
Thank you Velo, always enjoy reading your posts.
Being first 5G provider, I think is good. Those who are lookimg forwad to 5G will sign up, which will be tided to at least a year contract, pay £5 premium and have to upgrade their handset.
All businesses have their down time occasionally but do you know any better provider than EE in the UK?
EE has battled to be the first to launch 5G networks against Vodafone which goes live in July. EE will charge a premium for the faster network of around £5 and has partnered with Google and Niantic, the company behind Pokémon Go which has developed a Harry Potter-themed game, for the launch.
FT news:
EE, part of BT, unveiled its plan to launch 5G services next week with phones from Samsung and OnePlus. It had planned to offer Huawei phones but decided to exclude them due to the uncertainty following Google's decision.
Simple risk/reward going to 200 means 14p loss, to 300 is 86p gain. All volatility seems like smoke and mirrors than anything real. A broker spaculated divi cut and suddenly BT sp crashed. Avrohom, are you crowned as the new village idiot?
Telecom Italia Bids for BT Unit Hit by Scandal
https://uk.finance.yahoo.com/news/telecom-italia-bids-bt-unit-103017850.html
FT headline: Blacktock offices in Getmany raided for tax fraud.
Q3 sales up 35%, YTD sales up 97% yet PE is 4.6 ! Cant understand why sp is below £1.
Accounts looks very good, I guess the hesitations are around sudden leave of CFO and the consequences on the balance sheet.