Bt Share Discussion Threads

[netcurtains] 14/11/2023 08:14

Do you know what time DIPSO?

[dipso] 14/11/2023 07:54

Big rise coming this morning

[isis] 14/11/2023 07:36

Not a Pensions actuary but I would say that has to be a positive!

1. Funding position

1.1 Deficit at 30 June 2023

1.1.1 The funding deficit at 30 June 2023 is GBP3.70bn.

1.1.2 A summary of the funding position and principal assumptions is shown in the table below.


June 2020 June 2023
Assets (GBPbn) 57.32 37.22
---------- ----------
Liabilities (GBPbn) (65.30) (40.92)
---------- ----------
Deficit (GBPbn) (7.98) (3.70)
---------- ----------
Funding level 88% 91%
---------- ----------


Real discount rate (1.7)% 1.6%
Average RPI inflation 3.1% 3.6%
------- --------
Average CPI inflation 2.4% 3.2%(1)

[isis] 14/11/2023 07:31

I think so....well at least it hasn't gone up! :)
It's reducing and on track.

[suetballs] 14/11/2023 07:28

Good news?
Suet

[isis] 14/11/2023 07:20

£4billion less Pension Fund deficit?

1. The funding deficit at 30 June 2023 is GBP3.70bn, down from GBP7.98bn at the 2020 funding valuation following GBP4.36bn of deficit contributions

2. Annual contribution amounts remain unchanged, at GBP600m in each financial year until 31 March 2030, and a final payment of GBP490m before 30 April 2030. In addition, BT Group will continue to make payments of GBP180m each year under the asset-backed funding arrangement agreed at the 2020 valuation

[isis] 14/11/2023 07:17

That looks better! :)

[dipso] 14/11/2023 07:17

BT Group announces triennial pension valuation

BT Group and the BT Pension Scheme ("BTPS") have agreed the 30 June 2023 triennial funding valuation ("2023 valuation") and how the deficit will be addressed (the "recovery plan"):

1. The funding deficit at 30 June 2023 is GBP3.70bn, down from GBP7.98bn at the 2020 funding valuation following GBP4.36bn of deficit contributions

[diku] 11/11/2023 21:49

A bit of tweak here and there...and move/shuffle the icons...

[isis] 11/11/2023 18:40

It's clever marketing same as Apple. They could give you the whole lot in the first place but then you wouldn't buy the next version.

[diku] 11/11/2023 18:26

Why does Microsoft have to bring out new softwares...market cap approaching $3 trillion...would it work without Telco infrastructure...

[careful] 11/11/2023 16:27

AI and driverless cars

We shall look back and laugh at these scams.
Information and computer systems are not that important.
We waste so much time looking at computer screens.

We could manage quite well without them.

How do you build a house, grow food, care for the sick, cook our food, make clothes, cars or aeroplanes.

Quite the reverse, there will be a counter revolution.
Those living in Gaza will not be helped by AI. food medicine and shelter...the basics.

[action] 11/11/2023 12:50

The efficiency saving will pay for pension deficit. Also AI will replaced the head count. All positive apart from labour gov cloud who do not like profit and Prosperous UK PLC.

[action] 11/11/2023 12:47

I will buy on sny weakness. Ship has turned. Total three billion savings per year by 2025.

[1224saj] 11/11/2023 11:42

If Drahi wants out, he'll do a deal with the Germans at his stake money. They are seriously underwater with the price they paid for BT. Question is, why is only PI's that average down, what do billionaires and institutions know that we don't?

[action] 11/11/2023 10:25

Waiting for pull back to topup.

[action] 10/11/2023 11:13

If he sales to strong bidder look for 160p +

[isis] 10/11/2023 11:02

You simply could not sell such a large stake in the market, it won't happen.

At worst he would arrange an auction to sell some or all of his stake, which may even go for a higher price than the market price!

[action] 10/11/2023 10:58

If forced to sale bt stack look for 99p

[smurfy2001] 09/11/2023 16:35

It seems this dog is starting to scratch off the flees.

[careful] 09/11/2023 16:09

Just heard John Malone of Liberty on CNBC saying that some in the industry are over leveraged and could be in trouble.

He named a few including Drahi.

How will this effect BT?

[pierre oreilly] 09/11/2023 08:49

You trying to make a phone call net?