Bt Share Discussion Threads

[dealy] 27/7/2023 07:21

already selling off. unbelievable

[diku] 26/7/2023 17:38

Maybe already leaked lunch time...

[dipso] 26/7/2023 14:50

Q1 results tomorrow.

[nige co] 26/7/2023 14:43

Oui tres bien, merci

[wendsworth] 26/7/2023 13:59

Nige: As Patrick Drahi would say.... 'Bon chance mon ami'!

[nige co] 26/7/2023 12:27

Wendsworth, I agree, Drahi will have edged his BT position and may well be behind the share price sell off, taking advantage of weak sellers. yes I think that I would sell in to any bid and not hang around, good advice mate.

I see a lot of value in BT assets and think that once FTTP is completed there will be massive cost savings going forward, but that is a long way down the road. I would rather a bid now than waiting until 2026.

[wendsworth] 26/7/2023 11:26

Nige: Who knows? As you rightly point up Drahi is well versed in making money . He will , in my view, have probably 'sailed close to the wind' on a number of occasions. His 'presence' on the BT register has filled me with unease. I have little doubt that the fall in BT's share price has not impacted on Drahi who will have taken steps to safeguard his position.

I see Drahi rather like I do Appollo Global Mangement who regularly make approaches and doubtless cash in on the resultant share price rise,whilst down the line finally withdraw. Having been a holder of Wood Group (WG.), and being wary, I sold out on 19/04 at 226.852 and lo and behold on 15/5 Appollo withdrew their 240p offer! Don't always get it right ...'cause I switched into VOD !!!

Could be that there will be some t/over approach for BT ....in which case my advice is take the money.

On the subject of BT ...I see there are reports of staff reductions / redeployment affecting around 11,000 roles at Martlesham?

[nige co] 26/7/2023 06:13

I don't believe that Drahi, a billionaire would invest billions in a company that he wasn't sure of the outcome. He's not here to lose money. He hasn't become a billionaire by being foolish. So that leads me to think that he will be a winner in the end, he's playing the long game, he's got something lined up, that he must be pretty sure of the outcome. Time will tell, hopefully.

Since Drahi started purchasing his BT shareholding, the share price briefly breached £2 in June 2021, I would guess based on his share purchasing, before falling back. He purchased more shares and the share price almost touched £2 again in July 2022, he's since purchased his last lot with no reaction to the share price, now down at a depressed 124p. How many more times can the BT tree be shaken of weak investors. Is managements hand weaker now that Jansen is resigning in regards defending a bid. I think so. Is Drahi building his stake to do a deal with DT, who have said previously that they could make a deal with BT.

All things considered, is it now or never for a takeover bid?

[action] 25/7/2023 21:54

If something happens to Altice, you are in for bargain of century as far as Bt share price is concerned.

[action] 25/7/2023 21:52

Drawing is over streached with debt on his company balance sheet. Same as BT pension deficit blackhole.

[careful] 25/7/2023 15:25

Drahi must know something.
Will he be part of a takeover?
With 30% any takeover is bound to succeed with his support.

As for the share price retreating to 100p, BT will be just as valuable irrespective of the market price.

Top up, play the long game.

[wendsworth] 25/7/2023 14:54

Thanks Nige. You are a respected poster.

[wendsworth] 24/7/2023 15:04

1224saj: BT has done me proud over the recent past from October 2020 through to February 2022 ( 101.754 to 199.90 ) ...Have monitored since and been tempted on more than one occasion ! ...but not for me at present. What with pension deficit,strikes, , an unhappy workforce, looming job losses, infrastructure roll-out costs , Jansen leaving, the Drahi 'situation' ....competition issues etc, etc. If the latest Drahi issues proliferate then see the share price retreating to 100p again. So not even tempted in for the divi.

[1224saj] 24/7/2023 12:06

The thing is, where is this going to go at ex div, sub 1.20???

[smurfy2001] 24/7/2023 10:16

He's seeing a bargain with 6.25% yield.

[wendsworth] 24/7/2023 10:11

SP up because of VOD's trading update?

Consider Drahi to be more of a problem than a positive for BT?

[diku] 24/7/2023 07:18

But surely they don't build stake sit on it only to see it get eroded...and somebody else is calling the shots (BOD)...

[nige co] 24/7/2023 06:02

You don't become a multi billionaire (Drahi) by being foolish, a fool and his money....
Drahi is probably building his stake to sell on to the real interested party's. JMO.

[action] 23/7/2023 22:03

Attack is best policy of defence. Does Draghi think he may be force to sell & hence roumers of increasing his stack in BT?

[covid 19 deal] 23/7/2023 13:59

You spot on...its all ponzy scheme..ultimately they will take it down setting the bet on..they dont loose..only small PI get burnt like moth...

[diku] 23/7/2023 07:58

desperate???...lost interest...when the going gets tough cheerio...





The Mail on Sunday revealed days earlier that Jansen was 'desperate' to leave the group, which he has led since early 2019 and navigated through the pandemic.

The 56-year-old recently set out his long-term vision for the firm – which employs 130,000 – staff – outlining plans to cut up to 55,000 jobs by 2030, with many to be taken over by artificial intelligence.

[nige co] 23/7/2023 07:05

LET THE BUN FIGHT COMMENCE....

French billionaire fancies a bigger stake in rocky BT

[wendsworth] 22/7/2023 17:40

Who knows what 'Caribbean shell companies' have been up to regarding BT?