Member Info for NigeCo

MPO818,

BT assets are worth considerably more that what the current BT market cap is. EE is on its own is worth more than the current market cap. IMO

Coronation.... "For those who missed it DT our potential buyers …….. raised their profits expectations this morning for a second time now at €41 billion ……… more than enough to put in a decent bid for the 88% they do not own."

A 300p per share offer would cost DT.......

Bid @300p = £28,042,779 Minus the 12% that DT already own = £24,677,645 Bln

Net Debt, minus lease liabilities currently £13,497,000 Bln

TOTAL........ £38,174,645 Bln + 300p per share.

I think that DT would get more than 90% of BT shareholders votes needed with a takeover offer priced at 300p per share. They could even offer part cash & part DT shares. They would just need to convince our government.

Krok..... "Selling by directors in this share price environment would be a capitulation. They should be buying like hell. If not now, then when?"

As I said in my earlier post. The directors have plenty of skin in the S4 Capital game. Directors own 11.35% Employee's own 8.26%. The BoD & employee's already have the incentive they need owning almost 20% of the company.

Someone purchased over a million shares yesterday after market closed, taking advantage of weak holders.

17:49:37........1,067,018 @100.10p

https://uk.advfn.com/p.php?pid=trades&btn=trades&symbol=&symbol=&dt_select=1691564400&symbol=L%5ESFOR&the_datepicker=10%2F08%2F2023&trade_set=recent&symbol=LSE%3ASFOR

Maybe some action soon then if Drahi needs to raise some much needed cash? Step forward Deutsche Telekom.

Although I don't see Drahi as being a distressed seller of his BT shares, he may well be open to a lower offer for his 24.5%. 200p maybe.

More importantly there are no directors sells. S4 directors already have plenty of skin in the game.

Let's put things in to perspective, the latest analysts earnings forecasts predict that S4 Capital will move in to profit next year 2024, reducing Net Debt considerably after all M&A payments to be paid for in this financial year 2023, the reason behind expected increase in Net Debt.

By YE 2025 S4 predicted to be debt free, in a net cash position. Unless S4 management move in to an aggressive share buyback program. If the analysts are proved right I doubt that the S4 Capital share price will be priced at today's bargain 100p, probably closer to my target price of 400p. Time will tell.

2 large off book trades, reported as buys.......

14:02 980K @114.8p

14:35 490K @114.8p

@200p its a 56% premium

@250p its a 76% premium

Could be £2 by next week, if we get a bid, but I might add, it's a big IF.

"We could be better off if Drahi has to sell up"

Hopefully DT are willing buyers. Drahi will be happy making a nice profit @200p-250p, with DT making a bid for BT.

"Openreach goal is 25 million premises in 2026, but based on the build rates, we can see this is looking like it will be reached in the first half of 2028"

I hope that this isn't a thing of whats to come, 2028.

Pyroplastic, join the club mate, 6 years and counting. Just waiting on the bid that was promised by plonker Rodney. I won't hold my breath.

Its laughable. Ramping or indeed de-ramping will not move the share price of a FTSE100 company. Nothing anyone says on this discussion board IMO will make any difference to the share price. How many people read this board? And how many are shareholders? Not many.

"drahi bids one and only bid £4 take it or leave it,government is still ok and no interference. I will be quids in hurrah. Here’s hopping."

While I wish that Drahi would make a bid, I very much doubt that he could afford to buy BT. I don't think that he's telling porkies when he says that he has no intentions of making a bid, and for this reason the share price isn't reacting to his stakebuilding. I believe that he will either sell his holdings to DT and they make a bid, or like some other posters on here think, or Drahi will just wait until FTTP is completed and then hopefully BT is re-rated £2-£3 per share.

Thanks Fleccy, interesting.

Our system’s recommendation today is to BUY. The BULLISH MEETING LINE pattern finally received a confirmation because the prices crossed above the confirmation level which was at 101.90, and our valid average buying price stands now at 104.20. The previous SELL signal was issued on 21/07/2023, 13 days ago, when the stock price was 141.12. Since then SFOR.L has fallen by -26.16%.

We may be at a market bottom or at the start of a reaction rally. Let’s jump on our white horses and go for a bullish ride. Today’s candlestick has a white body and its close is above the confirmation level. The bullish pattern that was previously identified is finally confirmed and a BUY signal is generated. Most probably, it is the right time to participate in bullish fervor. The market is telling you about a new profit. Do not miss this bullish opportunity.

This pattern occurs during a downtrend. The first day’s black candlestick is followed by a white candlestick that opens sharply lower and closes at the same level as the prior session’s close. It is similar to the Piercing Line pattern. However, the amount the second day rebounds is different. The Piercing Line’s second day closes above the midpoint of the first day’s body, while the second day the Bullish Meeting Line closes the same as the first day. Consequently, the Piercing Line is a more significant bottom reversal. Nonetheless, the Bullish Meeting Line deserves due respect as well.

https://www.britishbulls.com/SignalPage.aspx?lang=en&Ticker=SFOR.L

I make it debt free by late 2025 mate.

Fleccy, thanks for the chart.

The dates that Drahi announced his BT shareholdings........

10/6/2021.......12.1%

26/5/2022.......18.0%

22/5/2023.......24.5%

Dates of the large spikes in daily volumes of shares traded are.......

11/6/2021

17/12/2021

26/5/2023

03/8/2023

I was hoping that there may have been large spikes in volumes prior to Drahi's announcements, but sadly there wasn't.

Fleccy, do you have a graph of a few months before Drahi started acquiring his BT holdings, up to present date. Maybe there is a pattern emerging? ie large spikes in volume before a RNS announcement of his BT shareholding increases.