Member Info for Scad

Now that I'm a shareholder again ... to those on strike ... get back to work ha ha ha

Patience is a virtue after all. However with a long term view on this one and the progressive dividend approach, just got back into BT today to hopefully lock in a juicy 6% yield.

Well who knew that the price was heading south?

Think I might reinvest my dividends now its almost a 15% discount from recent highs

Its been a helluva few years but feels like we're on the right path. To fellow shareholders, enjoy your dividends today however you choose to use them, you definitely deserve them.

I'll raise a glass later tonight to the shareholders that have stood strong throughout the testing times and to many more prosperous dividend days ahead.

In Rose We Trust

I think we'll see the share price continue to head north until Thursday night and will go down on Friday.

Call me a cynic but I'm all too familiar with this manipulation of share price as we head towards the pay out of dividends where a lot of investors reinvest their dividends at what effect tively is the closing price on Thursday. The reinvestors basically get trapped in at the higher price, before the price falls off in the following days or so.

I've chosen to take my dividends in cash this year for this reason and also that we are at 5 year highs so the risk/reward ratio isn't worth it for me.

I hope I'm wrong and we continue to head onwards and upwards in the coming months though.

As others have said, fingers crossed the government see now is the time to speeding up their disposal of their shares and we head closer to no government ownership

Seeing the share price tick down is starting to refresh my interest in BT.

I think the cost of living crisis might be neutral for BT as although people want to peg back their spending, internet, TV and phone are viewed as basic human rights these days.

Only major worry for me in this environment is base rate increases when you look at the debt that BT carries and whether that could become a weight around it's neck.

If we go into the 130s I think I'll start to buy them back again

First off, CMU makes sense. Honestly I had no idea about either acronym.

Second off, genuine question but what would anyone from the CMU benefit from being on here with either a negative or positive attitude? Do you mean for them to push down the price? I wouldn't have thought that a messageboard that appears to have less than maybe 10 contributors would have much sway in moving the share price. I maybe think myself a whale in my house but a buy/sell order of a couple of thousand shares in BT ain't going to move the price even a fraction of a penny. If you think that me asking my previous question of this board is also going to move the share price, I genuinely think you need to get outside and get yourself some fresh air, you're at risk of driving yourself insane looking for ulterior motives in everything you read. Chill out.

Sorry to show my ignorance but what is a CWO Interloper?

Putting aside I don't know what it is. I would love to be seen as an influencer in any way but I don't actually think I offered any opinions, more just stated facts, both positive and negative I hasten to add.

As I said in my previous post i was actually just trying to work out the reasons why other posters on the board were buying or selling in case I had missed anything in my research.

I think you might need to put your tinfoil hat back on before I steal your thoughts without your consent :-)

I was a holder of BT for a while (bought at 137p and sold at 185p) and just came back to consider debuting again (buying to hold as a passive income from dividends). However, I'm pretty underwhelmed by a lot of what I see.

On the positives I see a good quality service at a fair price, the reintroduction of dividends and an unlikely takeover prospect.

However there appears to be so much negative things like flagging customer numbers, increasing debt, unhappy workforce that are striking, this pensions deficit and it's not clear to me that BT can afford to continue to pay these kinds dividends with the other pressures.

It's a difficult one because I do genuinely live the share, the history and the potential it could be but I kind of feel they need to get some of those negatives right before they start sending out dividends to shareholders.

Interested to know if others are buying or selling just now and why?

If everyone bands together we can easily get CINE back to the top again. We need a concerted two prong attack.

1. We need to get knocking on our neighbours doors and get them to buy the shares. We all know these things are going to make them rich so why not spread the good news.

2. We need to get down the cinema with our friends, families and neighbours this weekend. Buy as many tickets as you can afford. Give out early Christmas gifts to people of Cineworld vouchers. Upgrade those drinks and popcorn to Large. Buy your children the large ice blasts they deserve. Just have a jolly good knees up.

Next week these bankruptcy concerns will feel a long way away and we'll be back dancing in the streets again.

Who is with me??

Word on the street is that Elon is sniffing around, looking to build his foothold in the cinematic world. Makes sense given he can give himself free advertising in front of captivated audiences

What do you hold your women with because its surely not those paper hands?!

So based on the information I have seen, the reason for the consolidation is it is a quicker and cheaper way of facilitating the share buybacks that they have been doing over the last couple of years.

The cynic in me also thinks that the Executives have bonuses resting on getting to a certain target because it does seem odd that there is a screaming urgency to pick up the pace on the share buybacks and reducing the outstanding shares.

Separately we have to remember that the Government is meant to step away by 2026 and in order to do that we need buyers to step in and buy their shares without collapsing the share price. They need large blue chip institutions to buy and buy big. Some are likely only to consider this when the price gets to a certain level.

You for buying it ya fanny

People may attack me for calling out this is dropping like a stone but they have to vent somewhere as it's easier than looking in the mirror and realising their investment choices are awful.

Anyway, down we go, another 5% today

Another day, another painful drop.

Ah well the relief rally was nice while it lasted. Hope some were able to make a few bucks flipping it. At the moment, nothing yo suggest that we're not heading back to the levels seen pre-trading update unfortunately:-(

The potential rate hikes is an absolute must though as inflation is running away at the moment. The thing that slightly annoys me is that governments will happily blame it on the war in Ukraine, the truth has very little to do with that but instead has been coming down the track for a long time. Yes oil has gone up as a result of supply but the gas and energy prices have been on the cards a lot longer than the Ukraine crisis.

The base rate should've been raised a lot higher a long time ago (pre-Covid) and those in control have absolutely been sleeping at the wheel. Not being able to drop it means that one of the key financial levers in the bad times has been rendered completely useless.

NWG bought the ex-dividend dip yesterday in the share buybacks scooping up almost 10mil in a single day at a discounted price.

So expect a reasonable pullback within 24 hours.

Looking forward to the dividend cheque landing, it's a good one for what is in my opinion a rock solid share.

Does anyone have limit buys set for BOO where you hope it might wick down to load up on more?

And if not, why not? Is it a nervousness that we're not close to bottom yet?