The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Let's get real here. The building of the pilot plant, the testing and the attempts to get it running have been beyond farcical.
Does anyone disagree?
In the beginning this was a great buy, so much potential and lots of profit to be made. That train left the station at 1p.
I'd be absolutely astounded if this plant ever attains its intended targets. Sorry to say.
Comment bt Fleccy
"BT staff have amazing terms & conditions"
They did have, some are getting £40k per year for working as a desk based controller. Others were getting the same for being a C3, a bit like a kind of supervisor type role.
Now they want all these people to accept a wage drop and they gave the new starts £23k p.a and a crap pension and ten hours unpaid travel time per week.
I wish I joined BT 30 years ago when it was the land of milk and honey - Nowadays, they actually want you to work hard for your money, which is paltry when compared to the old 'living the dream' contracts.
Fair enough Velo, you're right I could've bought at 104 or even 109, but I still thought it would go back down.
It's the only upswing I've missed in three months, so it's not all bad.
Do you think this is the beginning of it's rise to it's real value of between 180p and 200p..?
I do think in three to five years time it'll be back at 300p to 500p, so all is not lost.
"No, don't buy the BT stock just now, wait until we see all the bad news that's to be released from the weekend...."
Be more specific, what bad news?
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I was being sarcastic.
We were told there would be bad news about BT stock, because some of the data was being hidden or held back. The SP was 100p at the time, so I didn't buy. Then it shoots straight up 20%. FML.
I'm never taking anying on here serious from now on, it's all just guesswork.
"Openreach now taking 15k orders for FTTP per week which at this level is around 720k per year . It may get like a snowball and increase of course but no garantees. It will take a while me thinks to complete 20M plus end users but by end 2025 maybe over 10 Million will have it as many will be happy with FTTC..maybe around this time they can think about massive staff reductions"
Most of the FTTP build is being done by contractors - BT has just paid them £12Bn to get cracking all over the UK.
The FTTP build is ahead of scheldule and it's getting faster as time goes on.
The shares will be £5 by 2025
If BT shares are not worth more than £3 each in three years time, I will eat my hat.
BT is severely undervalued.
Once the revenue starts to roll in from the FTTP build and the spend goes from £12Bn to a fraction of that, then we will see the real value of this national blue chip company.