Member Info for Savage_KeyboardR

Abject - interesting approach! IMO BT is set to do a RR through this Autumn/Winter and into the Spring.

Many homes will be cutting back on their travel & leisure discretionary spend, as power bills head back upwards and as the impacts of sustained high mortgage + rents continues accumulating too (news that repossessions up 34% YoY - UK gov data released this morning).

Most households will pivot away from holidays and eating out and back towards data services, gaming, streaming etc to keep themselves entertained within the home. Many more handsets/tablets/TV's/consoles will be under this years Christmas Tree! I envisage BT/EE sales departments will be doing rather well from this imminent recession because FTTP & 5G has connected many more homes enabling lots of great value entertainment packages.

It's so obvious what AH is doing to CPI btw.... selling off the best profitable components... then he'll demand more money raising for his schemes... leaving you all with a huge stake in a shrinking & worthless business.

"recession proof" - words which may yet come to haunt you Trenners

UK Gov data just released shows mortgage repossessions hitting a five-year high (the more reliable 'year on year measure' too).

I did warn on here about major trouble brewing in the UK housing market, with falling prices for used homes in particular (imo data only shows prices rising because the proportion of sold homes is tilted to favour new build sales which all command a higher price premium). Lots of used homes are sitting stagnant with unsold volumes on sale accumulating rapidly now.... and yet still sellers are reluctant to lower prices, causing buyers to dig in for a bitter battle which will ultimately and inevitably force sellers into even greater price drops!

Decent 5.69p divi with the money landing in Sep!

Who on here is planning on divi reinvestment? I usually spend mine but... this time around 'm considering reinvesting them.

CPI is spending on AI and cost cutting precisely as a recession simultaneously arrives... Can CPI survive such a global squeeze? - The timing is certainly 'less than ideal'

£1 is looking a long way off from waaayyy down here 🙄

Below £4 possibly as looking at the Dow futures it's not looking as though US markets will support the FTSE & European stocks and selloff could pick up pace this afternoon perhaps?

US Markets struggling with holding positive territory. FTSE could well follow the US downwards over the next couple of days.

Looking to me as though safe haven assets (US Municipal Bonds, German & UK Gilts too) are being cautiously/gently sold off, presumably to fund speculative equity purchases?... The pace is slow though... mind you, as equities drift upwards many could well join the buying spree. Depends enough confidence accumulates though.

A useful site for tracking divi amounts:

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

Czql5v - you say "tomorrow ex-Div will dive around 2p." - Incorrect, it'll dive by 5.69p because that's the adjustment applied to reflect the award of the dividend.

Congratulations Aim 🎉 - you now own another 600,000 shares in a business that's smaller today than it was yesterday...

Tomorrow I'll be even smaller again... what a fab investment👌

🙄😬

Interesting reading about the staff cuts being championed...

Sure I get that AH has to deliver reductions in the outgoings for CPI because costs have got out of control. However, from here it looks like you'll all be owning shares in a much smaller business, with significantly reduced revenues and all the most profitable elements of the business having been sold off...

Is AH simply leading on a hollowing out exercise and leaving you all with a massive stake in the empty carcass which remains?

Oh... and I know a lot about what happened around the GFC with the Fed because I followed all of the info as it was happening (I was working in sales at the time). It was v.interesting reading/research esp. as I knew someday, once I'd built up enough knowledge I'd want to invest/trade in stocks.

Nice conspiracy theory nonsense there G but I'm just a small time PI and I don't have enough experience to take out short positions, far too risky for a minnow like myself.

NOFEAR - glad you caveated that with "you should seek your own professional guidance"... and it's somewhat disingenuous of some platforms providers to be putting out lots of content with a 'hold' or 'don't sell' narrative. It'd be better they explain the pro's and cons of different strategies because sometimes it can be advantageous to sell, sometimes to hold, and sometimes to buy... it completely depends on a variety of many factors, especially personal situation at the time.

128p and possibly a little lower, maybe 1.24p imo.

I'm picking up lots of sell signals... Brace for some turbulence, esp once the US markets open up at 2.30pm.

Here we go... Market looks to be heading downwards yet again.