Member Info for Savage_KeyboardR

0% GDP growth for UK in April (services 0.2%)... it was very obvious this would happen! I cannot see how the CPI announcement tomorrow can be anything but bad news as a stagnant economy will offer no support to this stock.

Tories have failed the nation spectacularly and they cannot leave office soon enough... time for a new grow up Government to take power and sort out the royal mess they've left us all with.

USA economy is doing great right now whereas UK economy is very sick indeed. CPI can only grow once there are supportive macroeconomic conditions.

I don't take short positions as I don't have enough trading experience to take those kind of risks... GoCPI, by all means short BT if you wish - I like many others will keep on buying more BT stock whenever its SP dips.

It looks inevitable CPI is set to post further revenue reductions and probably some more losses too... the sick patient is still bleeding and little has been done to directly remedy this. Yes, headcount reductions have been deployed but ultimately sales are falling and cuts have been made but the turnaround will be a long road yet!

Trisor - You're utterly delusional... Tory party has been the most far right Gov the UK has had in modern times. It's undertaken policies of migrant bashing, says that multi-culturalism has failed, has tried to ban right to protest, has embarked on protectionist trade by installing barriers to trade with the EU and now it wants to impose national service when the nation is not at war...

Anyway Trisor, its you who shall suffer from the negatives more than I, as you've already watched your investments plummet in value, your taxes hiked up, and you'll also be needing to access the decrepit NHS for your elderly care too - long waits and treatment in the back of an ambulance, a storage room or in a corridor awaits. You reap what you sow, yet you seem unable to connect up the dots... from your vote to support those current incumbents to the terrible state of the services you'll need to access.

CPI will keep on falling too, as the shorters swoop in from Monday onwards and the next set of terrible news lands.

US dollar rallying... investors conclude today’s strong jobs report makes early cut to US interest rates less likely.

$ strength is really going to start to hurt the £ in the months ahead... The moment BoE trims the rate then inflation will pop back up but if BoE holds rates then it'll further damage UK business & household finances.

JG68 - "It's so f-----g tedious investing in this country, every step forward there are always 2 back."

Well yes, obvs because we have a hard right Tory incumbent gov that's far more interested in paying the Rwandan Gov half a billion, wasting cash on pointless migrant barges and undertaking divisive culture wars than it is on directing effort on the things that truly matter to all citizens.

Current Gov has not been widely supportive to UK business, including CPI here.

That's correct basher, but... I only buy £500-£1500 tranches at a time. Although I've now accumulated quite a substantial holding (I sold some other equities I was previously invested in to further boost the qty of BT I could buy up). Also I've still held some cash back for a few more buys yet. However, reason I have gone big here (I am not 'all in') is by my reckoning BT is going to be one of the top, possibly the top, performing stocks this financial year. DYOR and all imo.

Fleccy, exactly why I'm continuing to buy up tranches on dips (I'm selling none of them). This short squeeze is only growing in strength!

We should easily close above £1.35 today - A decent ROI for this stock given annual Divi alone pays out a 5.93% at that price point!

I'm not sure there's a compelling argument to sell up here for a few reasons, as briefly as possible I see the main ones being:

1. Oil prices just fell substantially, this should have supportive effect i.e. buying/transporting raw input materials.

2. Travel is booming; frantic summer getaways are just beginning to get started.

3. UK should soon have a Lab Gov, assuming a new budget is quickly deployed and timing wise it falls close to a widely anticipated BoE rate cut, or two, there should be some support coming for working class spending. Notably 'On the beach' said in their latest interim results "The value market remains more challenging, reflecting ongoing cost of living pressures, with 1% TTV growth YOY" - Growing passenger volumes for leisure travel should give SSPG a much larger customer base.

4. The heavy investment SSPG has made into US markets should pay off nicely, USA economy is doing rather well indeed.

5. Elevated inflation has supported revenue growth, arguably it's best to spend on making investments during periods of high inflation, as the revenues required to service those debts follow later on.

6. As interest rates taper down from being elevated, it becomes possible to refinance a proportion of the debts (if necessary) at those lower rates.

SSPG went bold with it's spending to invest... imo those advocating a debt purist ideology (aka cold turkey, avoiding taking on new debts due to fear) might well find their bold competitors have completely outflanked them with huge growth comparatively. Sometimes it pays to read the whole macroeconomic landscape and adopt an aggressive investment for growth strategy. DYOR, all imo.

Basher - I've never worked for BT and I know zilch about telecoms engineering. I briefly worked for telecoms business a long time ago and their engineers constantly complained about slow BT pace... fortunately those days are behind it seems and the FTTP & 5G rollouts are rolling out rather well! Good times ahead for BT imo!

Speaking of rantings of a diseased mind: Nige Farage has just thrown his hat into the ring announcing he's now leader of Reform party... just what the nation needs... 4 and half weeks of Nigel's incessant bilge about how migrants are the cause of all the UK's ills (forgetting his and the ancestors of us all were migrants too).

Czql5v - The official UK Government rules for Tax when you sell shares can be found here:

https://www.gov.uk/tax-sell-shares

Regarding Dividends... they're classed as income.

Becoming clear these recent results + announcements by AK look to have permanently strengthened BT SP. Yes, there's bound to be fluctuations on global events but... the Dividend and news on peak capex especially appears to have been received well e.g. broker upratings and large buying volumes. Bound to be a few wobbles on the way up but I think it'll not be too long before we hit £1.60-65p and perhaps a little bit beyond as bank rate reductions drop into the mix in the coming months ahead.

Https://www.theguardian.com/business/article/2024/may/31/spain-fines-budget-airlines-abusive-cabin-bag-seat-charges-easyjet-ryanair

JG68 - do enlighten us... how much profit is CPI currently netting?

"unless the shooters believe a £2.6bn revenue business is going bust?"

"Capita works both sides of the coin"

Capita revenues were nearly £5bn back in 2015-16... every year since then revenue has been falling, as have profits. Plus the losses have increased and growth has turned negative too.

"It'll be over by Christmas" - now... where have we all heard that one before?!

Squeeze!

I disagree MaryBr190 - 110p is too low, the moment BT drops below 120p the divi alone will represent an annual ROI of 6.667% - a hefty return on a household name & safe stock. The buying pressure would suddenly give BT a sharp upward lift!