Member Info for SippLord

One time post from

i caught the falling knife of buying into BT on the cheap after Italian accounting fraud ( around 300p), since then have managed continuous loss and just now break even after taking 400k punt at 1.05; selling out at 1.30. The logic for BT is there; how can it not do well as major provider of most essential service? But there's the debt, a regulatory with a prime purpose to destroy and strip profit, and BT capacity to trip up eg this new thing with exit charges ( not the small fine, the refunds) and the court case will be something (min 250 million? ) unaccounted for?

I would happily go back in for BT but its speculative and no more than 1.05 again.

Just see it for what it is, speculative

Thanks to GS for the upgrade today, made the recovery today and should set the tone for next few weeks. GS are wonderful, enabling efficient capital direction and utilisation

that this is it, a bit of stability today; everyone sold who needs to sell and take it from there

and SB Dave who was 5000 a point around 300; not sure what his stop was

Good luck to Saitoman and anyone who can go early. Are you reckoning on taking early retirement from a company scheme (BT) at 50?? I thought this was made illegal some years ago, or subject to at least 55% tax surcharge, with new minimum age of 55.

I bought a chunk of this at what now looks like a stupid price on the basis that it had not yet flown compared to HSBC and other financials. So that was stupid. Apart from having a fox in charge of the chicken shed, what are the realistic chances of decent, at least 10%, sp gain over next 12 months?

10% intraday drop already this morning ......deja vu and not good

******, maybe a fat boss will get the heave-ho in the morning

Them kids can go without free milk for a couple of years

So Capita have done a most excellent job and assume deeply embedded.... and they renew at a discount to the original 5 year contract. It's time to price hike not cut your own throat.

massive cahunas needed to hold over £100k in CPI. Any profit for this basket case is brilliant. Toughing it out to claw back a bit more of current losses

it can be complete stress to hold CPI (unless you are Woodford scale) as it tends to find new reasons to sink, so nice to see current uptick. Expecting to take long time to claw back losses; was down £12k, now just £6k. GL and hunker down for recovery