Member Info for Mylovelyhorse

Truespeed now, still a shame for the people losing jobs. Apologies if already posted not looked on here for a bit.

https://www.ispreview.co.uk/index.php/2023/08/job-losses-strike-uk-full-fibre-isp-truespeed-as-build-expected-to-slow.html

When did DISRESPECT become a Verb???? I mean I axe ya!!🤷

Inevitable

https://www.bbc.co.uk/news/business-66298892

I believe anyone who becomes incredibly wealthy must at some point have been as bent as a nine bob note 🤔

https://www.reuters.com/business/media-telecom/altice-suspends-some-employees-amid-portuguese-corruption-probe-2023-07-19/

Bozza’s old rag has joined the party 🤔

https://www.spectator.co.uk/article/would-a-german-takeover-of-bt-be-so-bad/

Given the potentially eye watering sums involved I think a stock and cash combination maybe involved to make a pan European telecoms powerhouse.

All smoke and mirrors of course.

https://www.thisismoney.co.uk/money/markets/article-10248943/Private-equity-firms-send-value-BT-cable-arm-40BN.html

Well EE cost £12bn and Openreaxh was valued as much as £40bn heaven knows how they value it. 11 million homes passed with FTTP?

Jansen was always in a rush I believe he may have got the heads up on a takeover and decided to exit. He invested many millions of his own cash to buy BT shares so a takeover will be a big win for him a bit like Worldpay. Crozier said they hope to have a new CEO in place by the summer...........They may not need one by then😉

This is all pure conjecture of course.

Will be interesting to see what effect this has on the share price tomorrow.

Https://uk.finance.yahoo.com/news/bt-high-alert-german-takeover-180000286.html

SVT - not the basket case just yet 😉

Regulatory Gearing at 60%, below sector average.

Outlook - Earnings: We anticipate strong earnings per share growth in 2023/24 as a result of a 15-20% reduction in interest charge. We expect a further step up in 2024/25 as lower energy costs and

inflation-linked tariff increases flow through to operational earnings.

Expected 2024/25 RCV £12.8bn up from £9.4bn in 20/21.

https://www.severntrent.com/content/dam/stw-plc/investors/fy-results-2023/full-year-results-presentation-2023.pdf

Vague

Makes me wonder why you invested in such a company? I only invest in companies i believe in and SVT is one of those companies.

Much obliged for the spellcheck me ole son, gotta admire a double hard keyboard warrior.

I bet you've killed a 100 men with your bare hands 👊👊, respect!

He briefly spoke about the reduced pension deficit, l shall be interested to see what Jansen says about this on Thursday. The pension has been a milestone around BT’s neck for a considerable amount of time.

O dear, should have stuck as a regulator berating business rather than being in business. Dross rises to the top.

https://www.theguardian.com/business/2023/may/09/john-lewis-staff-to-vote-on-ending-partnership-model-in-bid-to-stem-losses

I suppose the cynical part of me thinks it’s not in Lloyds Banks interest to be upbeat about their guidance and to be the bearers of doom. 1) because there’s a share buyback going on. 2) If they say they’re going to make honking great loads of money it’ll only get taken off them by the government. It’s a fine balancing act they have to play until we’re out of the cost of living mess to even say the P word…Profit.

https://www.ft.com/content/c9533569-1035-4134-8455-069de2fe6f8c

I think Jeffries pulled that pension deficit figure out of their ar$e tbf. I agree that the pension will be in focus though. Roll on results day.