Member Info for Savage_KeyboardR

Indeed he did so... because what with USA + USSR being the major superpowers at the time there was a clear need for UK to join up into a union with large enough clout to compete economically with those superpowers on the global stage - i.e. the EC (later EU) was born out of a necessity to co-operate.

That's a really curious approach and perhaps you were correct Mike, maybe their systems cannot handle it so they've had to outsource the solution and go ahead of the pack to ensure it processes correctly/orderly from them and their clients perspective.

If we're set to head back in time to 1970 that'll be most interesting because that GE led to Ed Heath commencing the negotiations for UK becoming EC member state... Gosh some of you on here really need to scrub up on your history.

Divi will be held imo... obvs DYOR... but reason I think it will be held is much more to do with inflation... holding the divi is actually a real terms cut for the recipient stock holder because there's more cash out there in the system overall from QE (the bulk of the reason we have persistent/elevated inflation levels, along with higher import costs due to weaker £ and extra trade paperwork costs too from brexit fallout)... the ample revenue generation (supported by inflation) flowing into BT's coffers will easily support holding divi this year. With a currently low SP holding the divi gives bonus of maintaining the motive to hold/buy the stock too. I cannot fathom a scenario in which the Divi is not held.

Mas/Mike... what's also unclear is if Halifax goes early and sells its clients holdings on LSE, to move them over to Frankfurt, perhaps simultaneously allowing its clients to commence trading on the Frankfurt exchange, then what impact will that have on the SP for the remainder held on LSE? With trading set to continue on LSE could there be a price adjustment? Or will the qty of shares being taken out of circulation on LSE mean there's no SP adjustment (as simultaneously there would also be fewer shares in circulation too?)... Lots needs clarifying here imo and I agree with you there mike, It may be well worth putting in a call to Halifax. I'd be working on basis there's something in this for Halifax, charges to move clients holdings/exchange fees/trading fees for those who get concerned and just sell up?.. It's all quite odd! HL should be easy as they already permit trading on the key global stock exchanges and more.

Cheers for clarifying that Stupmy - as I wasn't 100% sure and I've spotted the occasional 0.47, .48, .49 - can only assume these appear on some sites due to rounding, perhaps?

Stupmy - "If those positions are forced to close, then it would likely create a short squeeze that could bump the BT price up." - That's what I am counting on! As I'm continuing to buy up small tranches, irregularly whenever the SP hits my price targets.

ElDoctore - almost... my understanding is there's only a requirement to make positive declaration when the shorter in question is above 0.5% of the stock in circulation (please correct me if I am wrong). So in addition to the short % positions listed on here there can be many other smaller short positions out there too (and it can also be true there may be very few other smaller short positions out there - as it's just not a requirement to share them).

I find the Halifax approach a tad strange... Glad I'm not with them tbh! HL here.

I suggest with liabilities leading there will need to be tax hikes, to control exposure to risk and re-assure markets until the presumed growth begins to land and pick up the slack.

Good point on the balance sheet... and yes, agree that looks to be a plan of using contract renewal points in phased/gradual approach over time... additions to the balance sheet may be spun as net positive in the long term and the approach looks hinged upon a model of rising customer base and then subsequent growth on top accumulating over time. What looks clear is it'll be liabilities leading the way, with presumed income to later follow and service those liabilities.

Mas... so anyone wishing to sell after May 15th gets blocked from doing so on the Halifax platforms?

RR - I think you should go back and re-read what I initially posted, your posts and my replies.

Rail is the better target if next Gov is serious about progress towards CO2 emissions goals... Could have damaging impact for the car industry?... i.e. if rail sees big investment, fayre subsidies and strategic priority... since within easier ticket system (where you don’t have to book 12 weeks in advance to get best deals) and cheaper Rail travel overall it'll tempt some car drivers to switch. As for capita... with any new public system they'd get opportunities to tender just like any other business would.

Halifax look to be washing their hands of the delisting? Almost reads (and I'm not with Halifax, I don't have copy of their words) as if they're setting the earlier date on May 15th to make it easier for themselves? They may be banking on vast majority of clients reading the info and selling up?

RR... a defender of this failing Gov to the bitter end it seems... even when widespread evidence points to mass scale economic mismanagement of UK PLC, including knock on effects to CPI, of which he has huge holdings of. It seems you put CPI's failings down to the company itself but... then you proceed to go on and say they won't get better under Labour and may get worse?

So... How can it be that recent terrible past performance is squarely due to CPI itself... yet you say in future the bad performance will be down to a Lab Gov?...

Reminder: you also previously said "we might see a lot more 'insourcing', once Labour get into government. It is yet another risk factor for Capita."

It's a most curious position you're conveying here.

RogueRiver - your comments are a most Curious wonder... The psychology behind your decision to stick rigidly defending blatantly poor performance that is... I suppose it's far easier to fool someone than it is to help someone understand they've been fooled eh?!

RogueRiver... You stated "bashing Capita is unlikely to be a vote loser for a new Labour government seeking ‘fresh’ ideas."

Do you ever take a moment to pause and consider that right now Capita looks as though it's been given a thoroughly monstrous bashing by the current illustrious Tory Government?

Wackwack... oh yes, DIY is required and that's because many homeowners have been incredibly lazy, with assuming ever cumulative paper gains on their homes while simultaneously putting zilch into them to genuinely lift their value (obviously sweeping generalisation, some have taken very good care and have added extensions/renovations) but... the sheer quantity of poorly maintained property stock out there is shocking... particularly so for a strong and wealthy developed nation the UK is portrayed by many as being... people are really going to get a shock when this realisation comes to bear little fruit.

As for Tui... yes, I think it'll drop some more yet... 540p perhaps not outside of the possible? Longer term TUI will do very nicely indeed, travel will benefit hugely from the recoiling back in of work from home (as Gov loses the battle to get workers back into the office)... that spare disposable cash will be spent on leisure and that's a good thing.

Thanks OTC - Fair comment, although reading the press would have the majority believing that offers have to be at or above asking prices to secure purchases right now... There's widespread attempts to ramp/pressure buyers into significantly overpaying imo. Agents and sellers certainly trying it on, and no doubt occasionally getting away with it too! Cheers for the congrats and I think pushing harder may have possibly opened us up to risk of seller pulling the plug (in the event of another buyer falling under the spell of the rhetoric)... 9% drop is ample for us, we hit our target so best to just do the deal imo!