Member Info for NigeCo

https://www.btimesonline.com/articles/136478/20200802/russia-plans-vaccinations-new-covid-19-vaccine-october.htm

Laptop..... "would you invest £5.5 million of your own cash into BT shares in the last 2 ywar if you thought it was risky?"

Laptop, I've just done a quick calculation regarding Jansen's purchased shares......
Purchased shares........... 4,220.940
Total cost of shares....... £6,465.945
Average price paid......... 153.187p

Free shares Jansen picked up....................... 1,520.477
This brings down his average price to .......... 112.62p

Not bad when you can claim free shares, unlike small investors to help him out of a hole.

"It's possible that BT Group is out of reach for any takeover, due to national infrastructure concerns and the Government having a say"

That's a good valid point Fleccy, maybe it would depend on the country in question. ie USA would be ok, whereas USSR no chance.

"The rumour claims that one of the Altice companies Drahi controls – perhaps Altice USA – has secured financial backing from heavyweight bankers at JP Morgan with a view to paying £20billion for the unit."

"But City gossips claim Drahi could even be weighing a hostile approach if BT isn't willing to negotiate."

We could be in for a bounce in the very weak share price if these rumours are to be believed. I wouldn't like to be short BT.

https://www.fool.co.uk/investing/2020/07/31/the-bt-share-price-looks-like-a-dirt-cheap-bargain-at-todays-price-heres-what-id-do-now/

https://www.fool.co.uk/investing/2020/07/30/5-reasons-id-buy-bt-shares-right-now/

NDN....... "BT may have realised that keeping OR in house will bring big benefits down the road rather than having to pay what a new owner or group with a large holding in OR , demand to keep the network up and running, basically BT could be held hostage to there demands. Keeping it in house may be a cause of the current situation, but there are blue sky’s down the road if it’s kept as a whole because that is where the revenue will be."

I agree NDN, Once Fibre is complete (if not before full completion) BT will become a cash cow again, even more so with the expected cost savings on completion, throwing off great dividend payments for it's shareholder. In the meantime I will ignore the negative comments on this thread, from people who have just appeared, who's agenda is to scare shareholders in to selling. I intend holding for as long as it takes for my paper loss to be a nice gain.

"I think Jansen has started to turn up the volume toward OFCOM and the Government with good reason."

Yes Jansen also said that he expects Openreach to be able to make a 10% to 12% return.

Velo........ "Leave you with this thought. Just imagine the actual Q1 net profit comes out the exact same for all 4 quarters and compare it to LAST Years full Net profit and you'll see it's a very substantial Increase over and above LAST YEAR'S net profit result!"

I've just done that Velo.

Q1 profit after tax £448M X4 = £1,792B.................. 2019 £1,734B............... Increase of £58M But who knows Q1 may be the worst quarter as you pointed out earlier Velo.

Webcast's just finished. BT has a lot of positives and no way deserves the market treatment it's receiving. There was a hint toward the end, about goodwill and fair play from the Government going forward.

I also listened to part of the webcast Fleccy, I will listen to all of it over the weekend. I think I'm right in saying that it said, once an area has 75% of FTTP then copper broadband can no longer be sold. Did you also hear that Fleccy?

"He obviously plucked it out of the ether, you're asking him a question that suggests he's a serious poster. I already pointed out the inconsistency in his last post. His only motive is to try and troll BT, but he's useless at it. He should take up a new line of work imo."

Best to just ignore him, he has no credibility whatsoever. Ignore the fool.

It's time for algo trading to be banned.

"Personally i don't believe analyst forecasts have anything to do with this mornings performance."

But wouldn't you agree Fleccy that a lot of people act on their analyst forecast that in turn moves the share price.

Velo........ "The analysts have a lot of explaining away to do as they wipe the egg from their faces."

Absolutely Velo, the so called experts can throw their future predictions in the bin and start from scratch.

"Outlook for 2020/21: adjusted1 revenue down 5% - 6%"

So BT have now given a forward prediction above. So I would ask the market, a worse case scenario revenue down 6%, so is a fall of around 70p in the share price justified? I think not. Time for a re-rating in the share price please Mr market maker.

I couldn't agree more Fleccy, BT clearly beat what all the so called experts predicted, and still they mark the share price down. I'm afraid that the market is corrupt to the core. I'm of the same opinion regarding my shareholdings, not just in BT. I will just have to hold for ever if needs be. I will either lose the lot, or in time recover it all. That is the gamble I face with the corrupt London stock market.

"Mean Net Profit is forecast for Q1 to come in at £301m
And Median Net Profit forecast is for £320m.
So taking a liberty to arrive at a handy do-it-all figure I'll just average the two and say the market expects circa £310m-ish for Net Profit tomorrow.
£310m Net Profit? - How good or bad is that?
Well just compare it to last years actual Q1 which was a very nice £505m!"

Profit after tax.......... £448m (2019 £505m) Down 11%

"Nigeco. Sorry I been busy all day. The cable above ground is not much its only what you see indiviual pair from pole to premises. The odd occasion when driving through Wales or Scotland you will see 20/50 pair aerial."

No problem Lostsoul, thanks for taking the time to reply. yes I've noticed that all new build houses are all underground. Cheers mate.

ITV ADR's closed up over 2% on London close. This bodes well for tomorrows start.

Thanks Lostsoul1, I suppose it would also depend on how much copper is below ground, compared to above? I would think the above is a lot easier to reclaim than below ground.

"With regards to the copper cabling, they estimate there's 184000 kilometres of it, be it ali or copper and majority is old and worth some money."

Thanks for your interesting post Lostsoul1, what ballpark value figure would you put on the above. Thanks.