Member Info for scallywag3

Andy Burnham has not outlined specific nationalization plans for BT, but he strongly opposes the privatization of essential national infrastructure and utilities. He has, however, developed a working partnership with BT’s infrastructure arm, Openreach.His general views on the privatization of key services include:Critique of 1980s Privatisation: Burnham frequently blasts the privatization of public utilities as a "disastrous policy" that enriched private interests while driving up costs and failing to invest in infrastructure.Advocacy for Public Control: He campaigns to bring "life’s essentials"—such as water, energy, and transport—back under stronger public control. He often cites his regional transport overhaul, the Bee Network, as a model for bringing fragmented, privatized services under public regulation.Partnership vs. Ownership: While his allies advocate for reversing decades of utility privatization, Burnham’s engagement with BT has focused on collaboration. He has publicly supported BT and Openreach in rolling out full-fiber broadband and digital infrastructure in Greater Manchester.

Cash is King

Take the Divi.

Looks like an end to the suppressed S.P. and its saved LGEN possibly as much as £10M on those purchased buy-backs during this time. If they're still buying back when it reaches £3 it's another 3.3 M of them to burn.

Thank you for the link.

I like to think of the buy backs As paying off the mortgage early. Ok ,so it takes a bit of money out ones pocket initially, over time, We start paying out less ( in Dividends without lowering them.) Capital Strength can go back to where it was and the company so much better off. As usual we see a very shortsighted view by accountants, who are only interested in the Now.

I'm in this for the dividend, when this goes to 300p I probably still wont sell.

Is 25% just the sold shares, or the sold and buy (combined ( less the lgen buy) ) either way, the end of day should result in a rising share price for a while.

Ridiculous drop. Who's driving the sheep this time. Began with the London Stock Exchange marking it down before even the first trade, then all followed. What a Buying Opertunity. I'm in.

SP drop is Great for LGEN's share buyback program, were all quids in with this.

Last sentence of that article, doesn't make sense to me. Perhaps the writer woke up in a purely negative mood of thought unable to balance anything, I imagine he fell over putting his shoes on.

" Legal & General Group faces the steepest headwinds. RBC forecasts the company’s closing CSM will sit 5% below consensus estimates for 2025, with pension transfers contributing more than half of core operating profit through 2029. The company’s shares trade at 265.10 pence, well below RBC’s 205 pence price target."

Trumps Early Years :

 Lead was ubiquitous in 1950s households and industrial products. 

Paint: Almost all homes built before 1960 contained lead-based paint, which degraded into toxic dust and flakes.

Plumbing: Lead pipes were still commonly used for home water supplies, causing contamination.

Toys and Household Items: Children’s toys, painted tin containers, and enamelware often contained high levels of lead.

Health Impacts

Lead: Neurological issues

A short while ago we had a committee from the B of E make a major decision on LGEN giving it the thimbs up. that no matter what happens it will survive any given crisses. the SP hardly moved.

Today we get news some snotty kid in the in a back room of a bank reading the Beano and picking his toe nails with a pen knife .

Thinks he better make a gesture that he has done some work in the last 6 months. gives a statement on behalf of the bank about LGEN

and Down WE go.

Must be on of Trumps long lost cousins from the out hebridies.

Will see 280p for Xmas

4th paragraph down. Not out of the wood yet.

https://www.bbc.co.uk/news/articles/cr437w9nr96o

Most of all this Fall in SP began around the time a major holder done some weird alteration to their holding a monyh ago . Any thoughts on that?

Lending out to shorters to bring the SP down . cheapen, before a takeover bid.

Yes I know about the Mexica holder. Not him.

Sounds like Sheldon in The Big Bang Theory, Brillian mathematician ( that only he understands) yet knows nothing of human nature.

Human nature sets the SP ( Chasing the buck) and often nothing to do with company performance.

When BT have excellent results the SP goes down. when they have Not so good results the SP goes down.

Already feeling dissapointed before the market even opens.

May well be beneficial. The follow the leader mentality of many investors / shorters, won't know who shirt tails to hang on to.

Yes ! I think I like the change.

With BT being so Undervalued and all this talk of a takeover. Reminds me of the 70's When companies were Bought up, Broken up, And sold off in bits.

Https://www.ispreview.co.uk/index.php/2025/10/bduk-switch-gigabit-broadband-contract-for-mid-west-shropshire-to-openreach.html

Snoopz. I looked for that statement again, and cant find it anywhere. I'll go with the 6th November, for any updates. Thanks.

The BT 1/4 (Balance Sheet) report is due on October 23, 2025,

3 weeks in the doldrums.