Bt Share Discussion Threads

[redirect2] 16/5/2018 12:09

amazon tie up

[redirect2] 16/5/2018 12:07

new update looks good

[essentialinvestor] 16/5/2018 12:07

Pace, interesting feedback, and disappointing to hear.

[pacemaker1000] 16/5/2018 11:59

Careful minerve!
But if you are talking about those taken on in the last five or so years you’d be mostly correct unfortunately. Hence the need to just pile another 6000 in.
Experienced trained guys seen as a burden and got rid of. Recipe for disaster.

[hvs] 16/5/2018 11:56

Give them their BONUS

[minerve] 16/5/2018 11:55

BT engineers aren't really engineers in OpenReach. Just chimps taught a few party tricks.

[hamhamham1] 16/5/2018 11:52

Good ol' magic 8-ball... 202p still holding.

[pacemaker1000] 16/5/2018 11:49

TBH nothing much has changed, always been in 'turmoil' to a certain extent.
Engineers who do the work are not happy with the way they are treated and believe systems in place to drive performance are self defeating. So it is a downward spiral and the end result is they need more engineers, 6000 of them, when all they really needed to do is to let existing ones just do their job!
Sounds like the usual dig at management by na engineer i know but it is a fair conclusion.

[toon1966] 16/5/2018 11:42

I stand by original comments but I'm happy for careful to explain the following comment "If morale is not low, then the company is being mismanaged."

[essentialinvestor] 16/5/2018 11:21

I still miss the pick and mix.

BT is not in a debt spiral imv, although it may be giving that impression.

If you are brave, might be a reasonable buy point, somewhere around here.

[careful] 16/5/2018 11:18

epo
It has to be managed well I agree.
good staff need to be reassured, bad staff managed firmly.

Morale is bound to be low in a declining situation.
At Marconi, BHS and Woolworths,eventually everyone lost their jobs.
Firmer action in time may have saved those companies.

[minerve] 16/5/2018 11:17

I don't think careful means what we have interpreted. Perhaps he can clarify.

[toon1966] 16/5/2018 11:14

epo001 I couldn't agree more. I don't think there's a CEO or leader who would believe they could effectively run their organisation on low morale. I feel a little sorry for people like careful who must have worked in low morale organisations throughout their careers.

[eisler] 16/5/2018 10:57

Not sure why so many are convinced that 200ish is the floor. There is nothing at all to stop this falling another 10-15% - or more. With nothing but bad news over the last 2 years, BT is viewed as a toxic share, with major problems being kicked down the road to deal with on another day.

[epo001] 16/5/2018 10:54

careful, bizarre view. Low morale means that people will not be doing their best work for the company. Good staff will be looking for the exit and poor staff will be going through the motions. After the layoffs, the survivors will have more work to do with no illusion of being appreciated for their efforts. It can be a death spiral.

[the_boy_plunger] 16/5/2018 10:46

unfortunately morale is a major factor....

[excell1] 16/5/2018 10:45

The Berstein target didn't help.

[careful] 16/5/2018 10:42

There has to be turmoil within the company.
BT is not a charity.
The workforce must be ruthlessly trimmed or the whole ship will sink.

If morale is not low, then the company is being mismanaged.
It is a serious situation and these problems have to be tackled.
If handsome Gavin is not up to the task then he must go.

Popularity and a happy workforce is not an option.
BT is not a holiday camp or even a job creation scheme.
Workers must be told that those who work well have a better chance of survival.
Sad when jobs are lost, but it has to be done.

[meijiman] 16/5/2018 10:29

Simpson and Mayo -join the list with Fred Goodwin as the most reckless custodians of shareholders interests. All three should have ended up in prison.

[essentialinvestor] 16/5/2018 10:23

There are reports of turmoil with in the Company, understandable given
the scale of job losses in prospect.


Pace, if you are around, would turmoil be an apt description?.

[kmann] 16/5/2018 10:23

Its obvious so many waiting to buy in now. This is going to move the FTSE when the buying starts imo.

[brwo349] 16/5/2018 10:20

A 20% drop in 2 weeks. That's a fall of biblical proportions.

Anyone would have thought there had been a massive profit miss not a minor one.

[minerve] 16/5/2018 10:19

Good old Marconi. Nearly got a job with them in their marine division. Had their shares though. Couldn't sell my last tranche because the value was below the minimum trade charge for the broker. Caused their computer to wobble! LOL