Bt Share Discussion Threads

[nick159357] 12/8/2024 07:29

Where are you getting this price of 150p for 841m shares from ? I can't find anything.

[isis] 12/8/2024 07:28

Drahi probably didn't want to sell but he's Companies are in a distressed state with debt and fraud allegations. Also they are leveraged too high and could collapse completely. In the circumstances he got a good price.

[diku] 12/8/2024 07:27

Like shift the call centre to India?...


Perhaps they will get BT a really lucrative Indian contract....

[action] 12/8/2024 07:24

My target is around 150p . I still have stack at 323p cost.

[netcurtains] 12/8/2024 07:20

Action why would you sell at £1.50?
Surely if a big buyer buys in at £1.50, they are going for more...
Either takeover or massive recovery play....

They know more about BT than we do....

Perhaps they will get BT a really lucrative Indian contract....
Who knows their plans....

[smurfy2001] 12/8/2024 07:20

Well that’s the dividend paid for.

[action] 12/8/2024 07:18

They could have my shares at 150p

[isis] 12/8/2024 07:17

Well at least Drahi got a fair price given the circumstances. I don't think he's troubles are over by any stretch.

[isis] 12/8/2024 07:14

Canadian Pension Fund are still short 0.8% since 100p - I wonder when they'll get the message!? lol

[diku] 12/8/2024 07:08

Indians are buying stakes from distressed sellers...

[isis] 12/8/2024 07:03

10-20p rise imo

[suetballs] 12/8/2024 06:58

Happy Monday then.
Suet

[isis] 12/8/2024 06:54

They paid 150p for 841m shares - shorters will be Toasted!

20p above mkt price.

[netcurtains] 12/8/2024 06:49

I told you so...

No one sells without someone else buying....

Its not rocket science.

[isis] 12/8/2024 06:39

I'd be surprised if that doesn't add 5-10p on the shares:-

[isis] 12/8/2024 06:27

Drahi is in a mess. Also sold a stake in Sotheby's last Week.
That kind of debt now that rates have risen is unsustainable.

[suetballs] 12/8/2024 06:26

I wonder what they paid.
But good business - Drahi not so happy!
Suet

[isis] 12/8/2024 06:25

The irony is BT once owned 21% of Barhti Airtel - that would be worth around $20billon now! Probably less with dilutions etc.

[isis] 12/8/2024 06:22

500m customers that dwarf's BT!

[isis] 12/8/2024 06:21

That has to be a riser. They are a much more credible bidder than Drahi as they are already massive in Telecoms.
I know it's the Investment part but it is all connected.

[isis] 12/8/2024 06:19

Market cap: $104.28 Billion
As of August 2024 Bharti Airtel has a market cap of $104.28 Billion. This makes Bharti Airtel the world's 144th most valuable company by market cap according to our data.

[dipso] 12/8/2024 06:18

BT Group notes that Bharti Global has reached agreement to acquire c24.5% of the issued share capital of BT Group from Altice UK.

Allison Kirkby, Chief Executive, said "We welcome investors who recognise the long-term value of our business, and this scale of investment from Bharti Global is a great vote of confidence in the future of BT Group and our strategy.

BT has enjoyed a long association with Bharti Enterprises, and I'm pleased that they share our ambition and vision for the future of our business. They have a strong track record of success in the sector, and I look forward to ongoing and positive engagement with them in the months and years to come."

[isis] 12/8/2024 06:14

Drahi is not in a good position. $60billion of debt is unsustainable and I'm pretty sure he has taken a hit on his BT stake.

[hamhamham1] 12/8/2024 06:12

Bharti Global, the international investment arm of Bharti Enterprises (Bharti), a leading Indian business group with world-class companies in telecoms, digital infrastructure and space communications, has reached an agreement to acquire an interest in c.24.5% of the issued share capital of BT Group plc from Altice UK S.à r.l (Altice UK).