Bt Share Discussion Threads

[toon1966] 27/3/2018 07:46

Good point Pace, just wish I had a crystal ball....

[pacemaker1000] 26/3/2018 23:52

technically you missed Italy, but we’ll let you off...lol
Thing is, nearly all were there when we were at £5. But one really shouldn’t still be and that’s Patterson.
Anybody want to venture a guess as to his departure date and corresponding share price rise?

[eisler] 26/3/2018 18:02

Yup - you have got it about right. Except for Steve Smith - but I am sure that some connection can be made. Leave it with me.

[toon1966] 26/3/2018 17:55

So 'careful','eisler', DMF et al, let me attempt to summarise posters reasons of blame for the demise of BT and more importantly it's share price Let's start with the CWU, their members, BT employees, BT culture, BTPS, BTPS members, pensioners in general, pensioners living too long, life expectancy rates, CPI, RPI, Gavin Patterson, BT Group Board, Sharon White, Ofcom, BT Openreach, BT Global Services, EE, Sky, Vodafone, TT, competitors, the Government, Conservatives, Labour, LibDems(?),nationalisation, crooked brokers, LSE, Donald Trump, Brexit, EU countries and of course Steve Smith, cheating Australian captain.

[eisler] 26/3/2018 16:48

The union and its members won't be happy until they have destroyed the company - or a Labour government renationalises it.

[careful] 26/3/2018 16:44

The trouble with BT is its culture.
Used to be state owned, takes many decades to change attitudes.
Those over generous redundancy and pension packages of the past are really biting now.
Hard to see a way out, CWU impossible deal with.
Capitulation to unions here as with RMG.

Looks like a slow death.

[essentialinvestor] 26/3/2018 16:38

DMF, a bid would not be allowed, strategic asset.
Other companies can take a stake, as with DT, nothing stopping that.

[careful] 26/3/2018 16:35

What a mess.
BT under pressure to invest millions in upgrading fast broadband.
If not it will be taken away from them.
But they can't afford it, they have 300,000 pensioners from the past to support.

[dmf] 26/3/2018 16:29

Is a bid for BT out of the question ?

Perhaps may not be rejected on national security grounds if BT is 'broken-up' sum of the parts worth more than the whole - IPO Openreach - sell EE - dispose of Global Services !

[eisler] 26/3/2018 16:24

sub 200 nailed on - the question is how much under 200 it will go. Latest probability stats are:

180 - 93%
160 - 52%
150 - 44%

But please remember that 72% of all stats are made up.

[dmf] 26/3/2018 16:21

Momentum to the downside unrelenting.......180 is possibly on the horizon or lower !

[toon1966] 26/3/2018 16:07

Not sure what you mean by 'break new ground' but it certainly is following the rapid declines of the FTSE, DAX and CAC this afternoon.

[eisler] 26/3/2018 16:01

This is definitley a share that continues to break new ground - just in the wrong direction...

[edjge2] 26/3/2018 12:43

toon yep and FTSE up for a change so likely BT up a bit.

[pacemaker1000] 24/3/2018 10:47

That’s the end of reducing rpi to cpi then!
So why didn’t BT wait for this rather than waste money on the court case?

[toon1966] 24/3/2018 08:47

Victory for pensioners as Government rules out trimming 'final salary' schemes

[toon1966] 24/3/2018 08:41

...and to rub it in "To further sweeten the pill, workers will also receive a 3 per cent pay rise in April 2018, and another 3 per cent in April 2019." (From the Register). Good old GP always looking after his employees!

[jomac2412] 24/3/2018 07:26

The mere worker that you bleat about Boytoy will suffer in the long run after this 'result' ! I mean what investor could resist investing in a company that pays out a huge chunk of its earnings to coffin dodgers !

[eisler] 23/3/2018 23:01

I agree. To help rebalance things, I hope that we see some ambitious efficiencies and a good old clear out.

[oakville] 23/3/2018 21:19

People were shocked when this went under £3 could it go below £2?

[careful] 23/3/2018 20:51

If the pension fund weakens the company then it is the current employees that suffer most.
Jobs will be lost.
Many previous examples.

We all want the workers to be fairly treated. But for a company to commit themselves to inflation linked uplifts can be suicidal.
Pensioners have won what is called a Pyrrhan victory.

[boytoy] 23/3/2018 20:41

Yes so sad that the mere worker has had a result and the shareholder has suffered, ohh my heart bleeds for you.
And yes I am a shareholder too .....

[eisler] 23/3/2018 18:52

Agreed - measures with pension issue watered down and management should have taken the union on more forcefully. Not a satisfactory outcome for shareholders and will continue to drag on share price Disappointing.

[dahhad] 23/3/2018 17:04

A blue day!! Great to get a temporary respite (at least until next week!)

[jomac2412] 23/3/2018 16:31

Require CWU members to pay a lot more into it than they presently do , I believe that was the original plan but management backed down from that to give a watered down version which will only ensure that the deficit remains a drag on BT , BT should have taken the CWU on instead of the easy option , imo CWU members wouldn't have had the stomach for a fight , one thing shouting their mouths off about taking industrial action but quite another when the reality of what taking industrial action means and the resultant loss of wages .