Member Info for NigeCo

Solley, ITV don't need a takeover to recover, ITV are cheap as chips. Next year advertising will recover with the football Euro's in the summer of 2021. I won't be jumping ship anytime soon, unless we receive a bid that could happen at anytime. But good luck Solley.

youliveyoulearn...... "UK Pension funds have been decimated by COVID which will probably result in a longer term recovery plan in terms of contributions etc. for most with deficits so the original plan set out by BT will certainly change once the June review is concluded."

Says the voice of doom and gloom, who's been a lse board member for less than a month. I wonder who this could be in disguise?

NDN,..... "A detailed financial health check of the Scheme, known as a valuation, is carried out every three years by the Scheme’s Actuary."

NDN, am I right in thinking that the current 3 year valuation of the pension that is currently underway won't be finished for 12 months from now? Also I'm sure that the very clever people who are running the pension scheme will be doing all that they can to hold on to the gains made in the pension over the past 12 months. As I understand the current pension holding percentages are the following.......

Government bonds 29%
Equities 22%
Investment grade credit 27%
Other growth assets 13%
Property 9%

Do you think NDN, that there is a case for the pension to go more defensive and allocate a larger percentage in to government bonds? Would this lock in the gains seen in the pension over the past 12 months? Or am I barking up the wrong tree?

Fawlty Towers 'don't mention the war' episode removed from BBC streaming service over 'racial slurs'

https://www.telegraph.co.uk/news/2020/06/12/fawlty-towers-dont-mention-war-episode-removed-bbc-streaming/

5eights........ "Like clockwork all the rampers over the last week have been silent today, oh well you know they'll be back once there's a bit of blue on our screens !"

Yes only to be replaced with derampers who claim to be experts, the boards are full of them. Best to ignore both and do your own research, that way you only have yourself to blame.

8 Jun, 08:49 BST 122.55 GBX +2.60 (2.17%)

A close above 120p today may be the start of a recovery.

"I am not a great enthusiast of Britbox but it will be marketed a lot more very soon and then we will see if it has merits . They ought to have been abl to set something like it up 10 years ago"

Agreed Solley, ITV are late arrivals to the party with Britbox, like you say we're 10 years too late I don't subscribe myself but I hear that there is a lot of content with Channel 4 & 5 now on board. Jury still out on whether it will be a success.

What Trupcard is referring to is GS who hold Liberty's ITV shareholding. GS have been accused of manipulation the share price on behalf of Liberty as it would be in Liberty's interest for a low ITV share price, in the event that Liberty was to make a move on ITV.

Tiger.... "Actually, it's amazing that STOB have found anyone willing to put money into the company, even at 40p.
IMO, this company is doomed. And deservedly so."

Tiger, why would you say "deservedly so"?
I sold out and took a small profit at 112p. Reason for this, I thought that STOB would have to raise cash with a RI. I made the right decision for once.

Cheers Solley.

Hi Solley, do you have the link mate?

"You should sell then, since you came on just to post a strong sell opinion. Personally i'll hold as long as it takes."

Here, here. The patient BT investor may have to show patience, this will be rewarded, too many investors want instant rewards. Slowly, slowly catchy monkey.

“It’s not realistic to just go out and create another Huawei or another Ericsson,” one source says. “It takes decades. The Government should be supporting the ability to quickly develop an alternative ecosystem. And what is feasible is to leverage the non-proprietary approach.”

Yet, that does not mean that telecom operators may not need some government support. In the discussions between ministers and telcos, there is talk of a potential “compensation”, should companies need to swap out Huawei equipment earlier than initially planned.

There are questions over whether firms will be allowed to keep Huawei equipment in their networks until they naturally need to be swapped out - in which case such “compensation” may not be necessary."

Compensation would be welcomed.

https://www.telegraph.co.uk/technology/2020/06/02/inside-talks-end-uks-reliance-huawei/

Poundashare, I've just Googled the next BT dividend and I enclose the link below. Yes this should give you the answer, yes the next ex-dividend date should be 30/12/2021, payment date 7 February 2022. Providing that BT do restart the dividend.

https://www.dividendmax.com/united-kingdom/london-stock-exchange/telecomms/bt-group/dividends

"We expect to resume dividend payments in 2021/22, rebased to 7.7p per share. The Board expects to continue with a progressive dividend policy from this re-based level for future years."

Poundashare, I take the above to be the February 2022 dividend should be the start of the dividend.

UncleBuck..... "Taylor Wimpy were £101.5 on April 3rd they are now selling for £1.54. That's a profit of 51.7%. On an investment in only 2 months. Who is going to buy BT at the moment when there are better investments providing a higher and quicker return for your money?"

I see great undervaluation in BT, yes other more riskier companies will outperform BT, like Taylor Wimpy, but I would rather be invested in BT than TW, with the housing market on the downturn with the biggest monthly drop in 11 years. Another big plus in my eyes is CEO Philip Jansen's share purchases totalling £6 million, his average price 150p. I believe that no one is better positioned than the CEO of a company. His actions speaks volumes. Jansen will double his money within 5 years. Just my opinion of cause.

BT: the case for slimming down

https://www.investorschronicle.co.uk/shares/2020/05/28/bt-the-case-for-slimming-down/

Fleccy...... "Whether it's a hard Brexit, soft Brexit, or Trade deal will make no difference after it's all finished, the world will still turn and life will go on and UK focused stocks will find fair value."

Best thing we did leave the EU, how much more would the UK have had to pay towards the cost of the Cornavirus had we still been a member of the EU? This virus has cost us enough.

Fleccy..... "I expect that Ofcom will be told to remove regulatory pressures on BT as FTTP roll out progresses"

I believe when Philip Jansen & Boris Johnson met in January of this year, they came out of the meeting all smiles. Reading between the lines I think that they have come to some agreement regarding lifting restrictions on BT going forward.

Then add on recent share purchases of £2 million from Jansen to add to his already £4 million pounds worth of shares he already holds, along with other director share purchases. It's good to know that BT have a CEO who has some skin in the game. This bodes well for BT in my opinion. No-one puts that kind of cash in without assurances. Jansen is no fool.