Member Info for wetherboy

Has it been mentioned anywhere what BT Sport is likely to be worth in its entirety?

I have to say the story on my link makes it sound much worse than yours. Hopefully a different journalist just trying to dramatise a little.

Having said that if I knew the retrace was mainly due to this I would be quite happy as I don’t intend to cash in for at least two years. Of course there will be a completely new crisis by then though!!!

Is it this sir?

https://www.telecomtv.com/content/digital-platforms-services/global-chip-shortage-to-impact-telecoms-until-2023-report-42298/

So if Drahi buys the 12.06B off DT what is likely to happen next? Does Drahi need to buy the other 500M to get him up to 30% of the company or will he just be content with a holding of just over 25% which would give him quite a bit of power?

At least the fool consider BT a buy. Anything over £2 would suit me just fine.

New consensus today. And would you believe it - it's an exact copy of the last two..

Are we looking at a minimum offer in the region of £1.80 based on rule 9 (below)?
Requirement for a mandatory offer: Where a bidder is interested in shares carrying 30% or more of the target’s voting share rights, the bidder must make a mandatory offer in cash at no less than the highest price paid during the preceding 12 months (often referred to as a "Rule 9 offer"). Mandatory offers can only be conditional on the bidder receiving acceptances that, together with any shares already held or acquired during the offer, would give the bidder and its concert parties more than 50% of the voting rights. As such, bidders cannot rely on other conditions to protect themselves.

Hi Fleccy, I took a look and it's an exact copy of the consensus from 13th August. Guess the analysts are all on vacation..

‘If goes red by the end of the day I blame you for pointing it out :0‘

Phew!!!! Seems like I got away with it….

It’s been a while and I’ve forgotten. What does it mean when the share price is not shown in red?

Just checked for consensus and it’s out. Friday the 13th.

“So assuming Drahi gets the financing in place, and makes a bid of £3 a share”.

Maybe naive if me but could DT possibly be happy with £3 a share when the share price in 2015 was about 50% higher? Or would the divi’s over the years and the trading Velo talked about offset that loss? Or alternatively would they have no choice in the matter assuming Drahi has shed loads more shares than them anyway?

Just for fun. Monday closing price predictions. 182p from me

Why was the charge only in Q1 or will all quarters be as bad? If it's only in Q1 was this to get the bad news out of the way so the only way from here is up?

https://www.thetimes.co.uk/article/a-takeover-bid-for-battered-bt-is-only-a-matter-of-time-3bzlt8d92

Can anyone post to entire article here? Thanks in advance...

I for one am a big fan of Sharon White. Without the likes of her I would have never got into BT shares at £1 a pop!

Which Friday exactly?

Closing price today was

183.95 0.74% (1.35)
BT.AORD 5P

To be honest I'm so terrified I'll not be up until the afternoon.

Having said that I'll take advantage of any dip if it lasts until pay day on Friday.

So they’ve put in a fair bit of cash on the expectation that the price will rise. That’s good for us.

Also, you could argue that if they hadn’t been buying the price drop could have been much worse.