RE: Buybacks1 Sep 2020 11:31
Fleecy “buy back program”
Totally agree!!
Big issue with UK is there doesn’t seem to be any UK agenda. The rest of the world has COVID to deal with, we have Brexit on top of that.
We are like sitting ducks waiting for someone else to take the lead so we can tag along! A company like BT should never be speculated for takeover by any foreign or domestic PE firm!
I jumped on this given the speculation as I thought it was possible takeover would occur, given that its vital to UK infrastructure and very cheap!
Unless a source of direction comes from within the UK, with a strong pro-UK business agenda then I think most FTSE companies will struggle to regain value, particularly a company like BT were most, if not all operations are in the UK.