Member Info for NigeCo

While I would welcome a takeover bid, preferably in the region of 350p - 400p per share, what I consider BT valuation should be. I just don't see the government allowing it to happen. Drahi isn't a foolish man, after all he's not a billionaire for nothing. So why would he try? What's on his side is he's purchased 18.1% of BT at what can only be described as very good value. Anything below 200p per share will look good once FTTP is completed in 2025. I will be disappointed if the BT share price isn't above 300p by year end 2025. Then we have Deutsche Telekom who have said that they are open to doing something with regards their 12% of BT this year. I can only think that they intend disposing of their BT holding. If Drahi was to purchase DT's shares this would take Drahi over the 30% threshold, so he would have to make a full takeover bid. Interesting times ahead, who knows what will happen in the months ahead.

Coronation.... "Five million pound buy at 15:37 . Someone stake building."

That's nothing mate compared to the 38 million off book trade reported on Friday. Maybe Drahi is hoovering up shares.

Biden and Putin agree in principle to meet if Russia does not invade Ukraine

"Final decision hinges on outcome of scheduled talks between U.S. Secretary of State Antony Blinken and Russian Foreign Minister Sergey Lavrov."

https://www.nbcnews.com/politics/us-intel-shows-russian-military-officials-order-proceed-invasion-ukrai-rcna17002

Agreed Sharkz, the internet is full of nutters.

If Russia does invade Ukraine, history tells us that it won't end well for Putin. Its the innocent people that will suffer.

Yes agreed, markets recover given time, markets hate uncertainty.

A large off-book trade went thorough today @13.13pm for 38 million shares.
Daily average volume is 32.8 million. Today's volume is currently 57.4 million.

You do make a tit of yourself Tom, the whole market is down you plum.

Tom.... "A share with 0 dividends and falling SP just aint going to cut it.
According to the Fools at Motley Oil and Gas is the place to ride out the effects of inflation"

ITV will be announcing a 3.3p dividend in less than 2 weeks time, also announcing a growing dividend of no less than 5p per year. Nice work Carolyn. Tom taking investment advice from Motley and his Fools. Priceless.

Robs60..... "B..mouth Tom, pity that posh school didn't teach you better grammar. As a schoolboy you were very lucky to have an account and to be able to trade commodities."

And manners I might add. I don't believe a word of it Rob, a teenager gambling on the stock market and teachers encouraging it, what a load of codswallop. It would be more than the teachers jobs worth. The lies rolls off of Toms tongue, he has a very active imagination does our Frenchman.

Tom, my largest holding is BT where I'm in profit. Yes ITV haven't been my best investment to date, but I stand by what I have said previously, that I won't make a loss in ITV. I'm a value investor, no one can say that ITV aren't good value at today's price, not even you.

Before I purchased ITV I was invested in VOD for 5 years and made a 6 figure gain, doubling my investment. So I can stand my ITV loss if I was to sell. I've been investing for far longer than you TOM, and far more successful with the sounds of things.

Tom.... "I am 30p a share down in MKS"

Now we all know that that is a big fat lie Tom. Your original MKS shareholding breakeven price was 250p, you said this on the MKS discussion board. You then were boasting when MKS share price was at 255p that you had acquired a further £100k worth. I hate liars.

Tom, I've told you before that I only have 30% of my wealth invested in shares, my largest holding is BT. The majority of the rest is invested in property. My shares are a hobby, it's a bit of fun.

Sharkz.... "Jesus lol. He gets more and more frantic by the day. He must have lost big money to be this broken, I think I’m actually starting to feel a bit sorry for Tom."

Yes he must have it bad to waste 4 years of his life on a discussion board that reminds him of his ITV losses.

Tom.... "Nige bought ITV at £2+. Five years sat on huge losses and all those missed opportunities elsewhere."

Looks like I touched a nerve Tom? No I purchased ITV in July 2017 @177p. Including dividends already banked my average price stands at 160p, this will fall further when ITV announce a 3.3p dividend next month.

My paper losses are a fraction of your £50,000 MKS losses. So with you being down 70p per share I will put the same stupid question that you put to me Tom when I was around 70p per share down in ITV. Are you going to sell MKS and go chasing your losses elsewhere?

Tom, a very quick calculation of your £100,000 investment in MKS @260p, current valuation share price @188p, a paper loss of £28,000, not to mention your breakeven price of your original MKS shareholding @250p. I guess that your sat on a £40k to £50k loss. Don't you use stop losses Tom? Do you have the balls to hold on Tom? You could have made money in ITV. Lol

Tom.... "This share could only manage to climb back out of its hole for one day. Sliding back down again. No way this will get back to pre covid levels of £1.50 anytime soon.
It is underperforming, badly managed. The CEO has no faith in the company and ditches all her free shares.
VALUE TRAP and overvalued."

You do make me LOL Tom, take a look at the link enclosed regarding the performance the year of ITV, MKS & FTSE100 index.

FTSE100 index up 1.00%
ITV up 6.76%
MKS down 20.88%

You can't half pick them Tom. PMSL

https://www.google.com/finance/quote/ITV:LON?sa=X&ved=2ahUKEwixx5CKpoT2AhUaiFwKHakzCwEQ3ecFegQIBRAW&window=YTD&comparison=INDEXFTSE%3AUKX%2CLON%3AMKS

That must be a first that our resident troll Tom has gone a whole day without commenting on ITV. He should be more concerned with his own dog of a share in MKS than ITV.

BT is underappreciated, says Berenberg

The inflationary tailwinds BT (BT.A) is enjoying are underappreciated by the market, says Berenberg.

Analyst Carl Murdock-Smith retained his ‘buy’ recommendation but increased the target price from 200p to 225p on the stock, which closed up 2.7% at 198p on Tuesday,

He said two-thirds of the telecoms giant’s revenue is inflation-linked and ‘combined with ongoing cost transformation and the growing benefits of its investment in fibre, we believe this positions BT to grow revenue, EBITDA, earnings per share, and normalised free cashflow in 2022/23’.

Murdock-Smith said the next two quarters should ‘strengthen investor faith in BT’s investment case by demonstrating mid-single digit EBITDA growth and the top line turning to c.2% growth in the first quarter’.

He admitted the stock was ‘expensive on cashflow’ but he expects the focus to shift to its price-to-earnings eatio as ‘evidence builds of capex driving growth’.

‘As BT turns to growth on the back of its higher investment, we believe more attention will be given to metrics that smooth out investment, like price/earnings, on which BT trades at 10x, [versus] telecoms incumbents [at] 18x.’

Larry beat me to it Notakin.

If Drahi is indeed after Openreach he would have to obtain the whole of BT to achieve this IMO. Unless he's playing the long game. I agree with you that the BOD have no intentions of splitting off Openreach at this moment in time. Although, Jansen has said that he's not against this idea in future, once FTTP is completed. Maybe this is Drahi's intentions to play the long game.

"Analysts at Berenberg hiked their target price on telecommunications giant BT Group from 200.0p to 225.0p on Tuesday, stating certain inflationary tailwinds were currently underappreciated."

https://www.sharecast.com/news/broker-recommendations/berenberg-hikes-target-price-on-bt--9222986.html

Sharkz.... "Nicely ticking upwards here, 2 weeks till results"

A nice steady rise up to results on 3/3/22 to around 130p would be most welcome. Confirmation of the anticipated strong financial results, along with the predicted 3.3p final dividend would be viewed favourably by the market I feel.