Agree with previous poster that fully or part selling OR would tie Ofcoms hands. BT would be less responsible and I�d love to see ofcom try telling a new investor it HAS to spend more cash...lol
Sad but unfortunately inevitable given the manipulated low SP. Maybe DT has shot them selves in the foot of another investor beats them to the prize?
So OR is valued up to �24bn which can�t include assets as copper alone worth �50bn or maybe BT keeps that. EE is worth at least �12bn and BT itself must be worth something. Yet current SP has the company as a whole at only �20bn!
BT Group Plc, the former phone monopoly under pressure to return to growth, is considering options for its U.K. fixed network after getting informal interest from private equity and infrastructure investors, according to people familiar with the matter. https://www.bloomberg.com/news/articles/2018-05-24/bt-is-said-to-draw-interest-in-u-k-fixed-network-openreach
I’m hoping the shear audacity of the pay and bonus means an announcement soon with good news to excuse it!
In the top ten fallers....again!
Yep, I�ve said it before. The scrap value of BT for all assets including copper is FAR in excess of its current SP indicates. If it happened even after paying off debts and pension we would all get about �6 a share. Perhaps Gav should threaten to do so...lol
All this good news and virtually no movement in SP?
Mmm...IG is basically a gambling site, where someone commented recently, nearly all stakes are now long on BT. So here is their report warning of fall in SP? Bit sceptical here...lol
Just reading an old article pre EE where it is highly indicated a buyout in 2019 was coming I noticed this... 'Given the three year post EE acquisition moratorium that must be observed before DT can buy any more than an extra three per cent of BT shares, jv's, strategic alliances and partnerships will have to be the order of the day.' So has DT bought that 3%? Have not heard of it myself, or they worried it would push up the SP and make a takeover more expensive?
FTSE losers that is Wonder if we would have still stayed above 200 if the FTSE had not been up today?
Down at end of play today. Hopefully shorters last push, though they cannot complain after the run they have had! Hope they now all turn around and make as much in the other direction...gla
City accepts Gavins new policy and sp rises. City rejects Sp drops, Gavin goes then sp rises City rejects sp drops, Gavin stays and takeover bid comes in then sp rises
https://www.telegraph.co.uk/business/2018/02/19/bt-puts-cable-making-business-block/
All very frustrating so why hasn�t,/doesn�t BT attack her publicly? Is it unBritish or is there a plan to succeed by just gong along with things?
I really don�t get the premis of paying to watch adverts? I mean does anybody still watch them anymore. I don�t! Record and fast forward over them or Watch Netflix or Amazon. That�s why I�d never buy shares in ITV, got to end soon with on demand content. Pity BT bothered with TV.
C3PO, thanks for putting Aus straight. We as shareholders did not inherit anything we bought it fair and square! The fact ofcom treats it like it was free and can still control it is beyond belief and needs to be challenged! Don�t know what Gavin is up to but he doesn�t fight anything?
Just a thought going around employees at the moment. Make the government responsible for the infrastructure and let BT sell its products like every other SP. And take their share of pension liabilities of transfered staff
It�s been a long way down to �2, the price BT shares were 30 years ago, and Maureen Lipman was telling us to pick up the phone. The dire performance is a grim verdict on the succession of chief executives at what should be the core of the internet revolution. Now it seems that Gavin Patterson, the current CEO, has had a brilliant idea. Why not put BT and EE together? Furthermore, this astonishing insight is to be called BT Plus! Never mind the Italian fraud, the hubristic foray into footie on telly, the failure to grapple with the pension deficit, the customer service, the snail-paced rollout of fibre, Mr Patterson sees a glad, confident morning, although not for the 13,000 staff he now says he can do without. As Nic Fildes, the Financial Times�s telecoms correspondent, pointed out last week, many think he should head the list. The star analyst here is Saeed Baradar of brokers Louis Capital, whose somewhat over-excited prose style contained a devastating demolition of BT�s prospects two years ago when the price was twice today�s 203p. Had Mr Patterson listened, he might have faced reality rather earlier. The new strategy makes sense but he is not the man to implement it.
Damn spell check.. We're fed up.....lol