Member Info for NigeCo

Virgin Media O2 owners to build wholesale UK fibre network

Fri, 29th Jul 2022 11:02

LONDON, July 29 (Reuters) - The owners of British cable group Virgin Media have joined forces with an investment firm to plough around 4.5 billion pounds ($5.5 billion)into a new fibre broadband joint venture that will pass 7 million premises, in direct competition with BT.

Virgin's owners Liberty Global and Spain's Telefonica, plus InfraVia Capital Partners, said the network would also offer wholesale access to other broadband providers.

Shares in BT were down 1.2%. ($1 = 0.8232 pounds) (Reporting by Paul Sandle; writing by Kate Holton; editing by David Milliken)

S4 Capital plc (LON:SFOR) Receives GBX 623 Consensus Price Target from Brokerages

Shares of S4 Capital plc (LON:SFOR – Get Rating) have been assigned an average rating of “Buy” from the six brokerages that are covering the firm, MarketBeat Ratings reports. Six research analysts have rated the stock with a buy rating. The average twelve-month target price among brokers that have covered the stock in the last year is GBX 623 ($7.51).

A number of equities research analysts have weighed in on SFOR shares. Numis Securities decreased their target price on shares of S4 Capital from GBX 450 ($5.42) to GBX 215 ($2.59) and set a “buy” rating for the company in a research note on Tuesday. Morgan Stanley reiterated an “overweight” rating on shares of S4 Capital in a research note on Wednesday, May 11th. Barclays decreased their target price on shares of S4 Capital from GBX 550 ($6.63) to GBX 360 ($4.34) and set an “overweight” rating for the company in a research note on Friday, July 22nd. Finally, Citigroup reissued a “buy” rating and set a GBX 640 ($7.71) price objective on shares of S4 Capital in a research report on Wednesday, June 1st.

https://www.defenseworld.net/2022/07/29/s4-capital-plc-lonsfor-receives-gbx-623-consensus-price-target-from-brokerages.html

Poorinvester, I'm not sure about in a few days mate, but I would happy to be wrong. I would be happy if we were to get back to £2 by H1 results in September.

BT boss says pay deal is ‘history’ ahead of two-day strike action

Telecoms group’s chief Philip Jansen insists there will be no change to £1,500 rise offered to frontline staff

https://www.ft.com/content/0271a267-19cf-46c6-a29c-3e99021e77da

"There was Stock on loan on euroclear up to 4.36% at end June 22"

Shorter will have to close/buy back at some point. Another nice close today, + 5.60p 4.68% @125.20p.

"The money BT is investing in FTTP and 5G isn't money down the drain, it's building valuable infrastructure the market seems to be ignoring."

Exactly, the current market is too short sighted. I wish that BT still had a USA listing, maybe this would stop the clear market manipulation that's going on here. Share price currently down 8% for no good reason.

Lovelosses, you may also find this video of interest too, regarding the valuation S4 could receive if it was traded in USA.

https://www.youtube.com/watch?v=PtJFdfSHg5k

Massive over reaction to S4's profit warning IMO. I would recommend watching this youtube take on things.

https://www.youtube.com/watch?v=Kehi3HYt9R0

Nothing more important than the water we drink.

Five months ago Martin Sorrell thought a USA listing would help, maybe he's right.

"Sorrell, in an interview with the newspaper highlighted the company's poor performance on the London Stock Exchange and said that a New York-listing "would probably get a better valuation".

https://www.reuters.com/business/martin-sorrell-considers-new-york-listing-s4-capital-times-2022-02-20/

deficit

The way I look at the manipulation with the BT share price is let the market play their games for now. Once BT compleates FTTP in a few years the market will not be playing games then when we start to see big redundancies, debt come down, no pension defecit. Then BT will become a cash cow paying out large dividend yields.

Fleccy.......... "A lot of BT employee's are probably shareholders too, but the unions talk about shareholders as if they don't deserve returns on their investments. You might have big players like Drahi and Deutsche Telekom as shareholder's, but the majority of shareholder's are people like me who invest to supplement their pension, so I resent the rhetoric coming from Union leaders toward shareholders.
Dave Ward, General Secretary of the CWU, apparently earned £143,000 in the year ending December 2019, that's nearly 3 times the annual salary I was earning at the end of my career, would you agree socialism pays well?"

Well said, Wards comments regarding shareholders receiving dividend payments also got by back up.

Aus, I agree.

Sadly there clearly is the need of food banks. I can assure you that I'm all for food banks and the right people getting the help that they need. I just hate it if some people are using food banks that don't need to, that would be taking the food out of the mouths of people that need it. I accept that I don't know the full facts regarding the woman who turned up in a BMW, this just didn't sit well with me when I watched it happen. I will take your word regarding people have to be referred to food banks. I hope that this is true and the right people get the help they need.

"You are saying you want to see people in need starve"

Come on Aus, I have not said the above.

No I don't know the full fact, just like you don't, yet you will defend it all the same. If I was in need of food from a food bank I would not turn up driving a car. This gives off the wrong impression IMO, but if you want to defend this Aus go ahead. End of conversation from myself.

"For the one person you’ve seen driving away from a food bank in a BMW, you do understand these things are regularly manipulated? Did you manage to check if was her bosses car or borrowed from someone else? Or stolen ? (Might have been mine)"

Aus, no it would be almost impossible for myself to check on such things. She managed to turn up in a car, she didn't walk there or catch a bus, she managed to drive away no problem. She must have felt embarrassed being filmed getting in to a car.

We have to learn in this country that we cannot take on the worlds problems, we have enough of our own. This is what I mean when I say charity begins at home.

Don't get me wrong I sympathies strongly with Ukraine and it's people, what's happened to Ukraine is terrible.

Before the pandemic I was watching the national news on tv, a woman was comming out of the food bank loaded up, she had a brief word with the news repoter before jumping in to her BMW car, so please don't tell me that this isn't happening. No doub't there will be many unfortunate geniune people that have to rely on food banks, these people I feel sorry for, but I feel that some people are taking advantage of this situation. Maybe we should stop giving away our tax payers money to foreign countries. Like currently £2.3 billion towards the Ukraine war, while our own people are starving. Charity should begin at home.