Bt Share Discussion Threads

[nige co] 24/3/2020 14:43

Monty, my nieces husband is an Openreach engineer he's busy. BT will do just fine.

[montyhedge] 24/3/2020 12:08

Not what I'm hearing spoke to two Openreach guys, one last week and one today. Both very busy.

[jenny tulwought] 24/3/2020 11:17

montyhedge
24 Mar '20 - 10:30 - 34787 of 34788



Just spoke to Openreach guy at petrol station, I said you busy now everyone working from home, he said yes.
Forgot to ask if true if BT trying to entice ex by engineers out of retirement, to meet demand, don’t forget most retired at 55.

= = = =

If anything, the work is drying up. Apparently (and I'm only hearing this second hand), domestic installation orders from SPs, have been put back until June.

[jenny tulwought] 24/3/2020 11:15

montyhedge
23 Mar '20 - 15:53 - 34782 of 34787

Yes you did, perhaps your bidding for my title, lol

Give the guy some credit Monty!!

x

[montyhedge] 24/3/2020 10:30

Just spoke to Openreach guy at petrol station, I said you busy now everyone working from home, he said yes.Forgot to ask if true if BT trying to entice ex by engineers out of retirement, to meet demand, don't forget most retired at 55.

[the grumpy old men] 24/3/2020 10:29

Oliver Haill

09:57 Tue 24 Mar 2020

Follow Oliver on:
viewBT Group PLC
BT sells French business to Computacenter

In the last full year, BT's French arm generated revenue of around £104mln
BT Group PLC -

BT Group PLC (LON:BT.A) has agreed to sell its French business to Computacenter PLC (LON:CCC) by the end of the year, subject to coronavirus restrictions.

If the deal is accepted by works councils in France and regulatory approval, Computacenter will take over a business carrying out management and maintenance of IT and network infrastructure across France, along with networking and related services.

In the year to March 2019, BT's French operations generated revenue of around £104mln (roughly €118mln).

Computacenter said the acquisition will enable it to strengthen its position in the French networking market and increase the number of its major domestic customers in France, where it made revenues of €644.7mln last year.

For BT, the deal comes after the agreed sale of its Spanish business in December and is part of a process to sell off non-core businesses, as it looks to service its massive debt pile and roll out its fibre broadband network in the UK.

“With this agreement we are close to reaching another milestone in the execution of our strategy to make BT Global a more agile business focused on the growing requirements of our multinational customers,” said Bas Burger, chief executive of BT’s global segment.

ProactiveInvestors

[montyhedge] 24/3/2020 08:07

These should be 140p.

[younasm] 24/3/2020 07:42

Closed all my BT shorts yesterday - will wait for 130-140 level to sell couple of long positions.

[montyhedge] 23/3/2020 15:58

Blame passive funds, they are dumping anything liquid.

[montyhedge] 23/3/2020 15:53

Yes you did, perhaps your bidding for my title, lol

[diku] 23/3/2020 15:10

monty no;1...did I not tell you last week sell 135p and buy again below 120p...

[nige co] 23/3/2020 12:50

Further to add Hylas, I don't need any reminding regarding the Lloy share price, I was invested in Lloy back when Lloy had no choice but to bail out Halifax bank. there was nothing wrong with Lloy up until then.

[nige co] 23/3/2020 11:57

Hylas, don't shoot the messenger, I was only posting what the experts are saying. History backs up what they're saying. Once this virus has peaked and on the decline, most share prices will recover, the weak companies will fail. I believe BT will be fine.

[hylas] 23/3/2020 11:39

Nige Co

If you truly believe what was in your last post, go have a look at the long term chart for Lloyds Bank (FTSE : LLOY)

[montyhedge] 23/3/2020 08:29

Telecoms the sector to be in, in my opinion.

[careful] 23/3/2020 07:50

Why do sales people trying to get sucker investors never to sell come up with that old stupid argument.
It always fools them because they do not understand.

'if we had missed the best 20 days in the stock market we would be much poorer.'
They never say;
'if we had missed the worst 20 days in the stock market we would be massively richer.'

[montyhedge] 23/3/2020 07:45

The good, bad and ugly will all get hit at the start today, opening down 200.

[montyhedge] 23/3/2020 07:17

Up to 60% surge in use of broadband data BT said on BBC. Openreach said they can cope.Shorting hedgie Odey, turns bullish on telecom, his a smart cookie.

[diku] 22/3/2020 22:50

Hope monty is not listening...

[matchupitchu] 22/3/2020 22:47

In the market that is.....

[matchupitchu] 22/3/2020 22:47

Not sure about BT....but looks like a major downward movement for tomorrow.....

[nige co] 22/3/2020 20:44

Why long-term investors should never sell stocks in a panic

While it might seem counterintuitive to sit back and relax while stocks post swift and steep losses, for investors with longer-term time frames it typically pays to wait it out.

Looking at data going back to 1930, Bank of America found that if an investor missed the S&P 500's 10 best days in each decade, total returns would be just 91%, strikingly below the 14,962% return for investors who held steady throughout the ups and downs.

“Investors with longer-term investment horizons should remain invested in stocks,” Goldman Sachs said.

The adage “keep calm and carry on” might, in the end, be the best advice for investors to follow during times of extreme market volatility such as the present.

While it might seem counterintuitive to sit back and relax while stocks post swift and steep losses, for investors with longer-term time frames it typically pays to wait it out.

Looking at data going back to 1930, Bank of America found that if an investor missed the S&P 500's 10 best days in each decade, total returns would be just 91%, strikingly below the 14,962% return for investors who held steady throughout the ups and downs.

[careful] 22/3/2020 16:11

A 6 months close down causes the financial World to collapse.
How fragile.

Fantasy wealth.

We have to learn the obvious, saved money cannot be multiplied in value by everyone at the same time.
..and a 2% dividend yield is excellent.

[montyhedge] 22/3/2020 14:43

They would normally buy the sector if bullish on telecoms I would Imagine.For once I hope Odey is right, lol.

[action] 22/3/2020 13:26

Vodafone or Bt?