Bt Share Discussion Threads

[eaaxs06] 18/4/2017 11:28

8th June, Jen.

I blame Sturgeon.

[jenny tulwought] 18/4/2017 10:02

montyhedge17 Apr '17 - 20:45 - 23119 of 23123 0 0
Up tomorrow boys, telecoms on fire in US tonight.

====

Another gem.

[montyhedge] 18/4/2017 08:23

I wonder why BT never put out a rns on that contract win, worth £100m with Met Police. Every little helps, lol

[toon1966] 18/4/2017 07:58

Interesting comment zedder! I was thinking along the lines of Logan's Run....

[montyhedge] 18/4/2017 07:30

Nice contract win.http://www.eurocomms.com/industry-news/12241-bt-wins-100-million-met-police-tech-transformation-deal

[kazoom] 17/4/2017 23:47

Hi stewart64 - not sure if we're talking at cross purposes, but BT was floated without a deficit also. It has one now as a result of what has gone on in the last 30 years, but it is certainly not unsaleable!!

Toon - exactly what they are currently doing - the current pension payment plan is both affordable (to BT) and plausible. I personally do not think it is actually the major drag on the share price.

[montyhedge] 17/4/2017 20:45

Up tomorrow boys, telecoms on fire in US tonight.

[stewart64] 17/4/2017 18:23

Toon you said my suggestion of lowering dividends to hasten the decrease of the deficit naive. Possibly true because it would no doubt send the shares into a tailspin.

Meanwhile others suggest the problem is manageable and the stringent accounting standards are to blame, can't really argue with that either.

I still think a little more communication on the matter from the Board wouldn't go amiss. It rather leaves the door open for others to try and estimate a figure .....in October UBS came out with a figure of 14.2 billion...nearly half market cap.

[montyhedge] 17/4/2017 15:42

BT up in US.

[pacemaker1000] 17/4/2017 15:28

Don't worry so much about it.
Get the government to change how the deficit is worked out and allow better investment.
With a profitable company with no chance of folding the way the deficit is calculated is wrong. Far to safely thanks to Maxwell.

[zedder] 17/4/2017 13:06

Hire some hitmen?

[toon1966] 17/4/2017 12:37

So stewart64, Kazoom and Pace what recommendations would you make to the BT Group board and the Pensions Trustees for reducing the pension deficit?

[stewart64] 16/4/2017 21:48

Kazoom my point re. the pension deficit was that Royal Mail's pension deficit was removed prior to flotation...it was unsaleable otherwise.

I'm not suggesting that BT is in the same boat. The company has a strong viable growing business. I believe the last pension deficit was about a third of current Market cap or 9.9 billion? If the actual liability is shown to be coming down this summer that would be huge for the share price.

[pacemaker1000] 16/4/2017 17:41

If it comes to shafting the pensioners or the shareholders, who do you think will win?
Royal Mail announced Thursday that the scheme is closed and will no longer be supporting it so it now falls on the pensioners themselves! And they too have the crown guarantee!
Luckily BT took steps years ago and its payments are plausible.

[kazoom] 16/4/2017 16:38

"Remember its original stable mate Royal Mail started with a clean slate. This liability on the balance sheet just lingers on."

I think you'll find BT started with a clean slate too (ie a fully funded pension scheme). BT was one of many companies enjoying a "pensions holiday" back in the 90s.

As in most of these cases (including BHS) the pension deficit exists because pensioners money has already been given out to shareholders.

[smurfy2001] 16/4/2017 16:11

Won't BT be affected when 5G becomes prolific? 100mbits will be possible.

[pacemaker1000] 15/4/2017 11:23

Worse case scenario...
Bt folds, country looses its digital infrastructure, government pays for the pension and shareholders get £10 a share in assets.....lol...
Not only can't bt fail but it won't be allowed too!

[stewart64] 14/4/2017 19:25

4spiel......well I got castigated for raising the pension deficit issue on here and suggesting it dwarfed all other issues. Remember its original stable mate Royal Mail started with a clean slate. This liability on the balance sheet just lingers on.

Also I would like to separate this inherited issue from decades ago with a current business that is basically a good one.

Maybe its pockets are deep enough to sort this?

[colonelgrim] 13/4/2017 15:50

Grim 6 – mutley180 zero

[chiefbrody] 13/4/2017 15:22

Just had a game of golf here in Thailand. Highest round in the last 20 years but it was 35 degrees and using strange clubs lol. Too hot to worry about short term movements so I ain't looking at any SP's till I get back :-)Be a few bargains about then I think.

[wisteria2] 13/4/2017 15:18

Who knows Monty ...have a good knock! maybe £4.00 before xmas..GLA

[montyhedge] 13/4/2017 13:00

Volume very very low, markets gone to sleep ahead of the long weekend. Have a good weekend bulls and bears, off to play golf.

One thing bears know bulls probably won't buy before the 4 day weekend, so may just come off.

[montyhedge] 13/4/2017 11:57

Markets subdued going into a bank holiday weekend, fund managers on holidays, leaving their assistants who won't buy or sell, traders don't want to hold positions over a 4 day break, just in case Trump does something, lol.

[montyhedge] 13/4/2017 08:04

Diku
58p Lloyds I shall have a few.