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Aminatidi
Posted: 29 May 2018 08:36:19(UTC)
#22

Joined: 29/01/2018(UTC)
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I'm sure I read something that described current BT as a pension fund with a telco hanging off it.

I don't know how to read the books, but it does strike me nobody uses BT because they want to, they do so because they have to, which isn't a kind of moat I'm a fan of.
1 user thanked Aminatidi for this post.
john_r on 29/05/2018(UTC)
john_r
Posted: 29 May 2018 10:07:17(UTC)
#21

Joined: 18/06/2010(UTC)
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Alan Selwood;63055 wrote:
I have issues with BT, M&S, Next and Vodaphone........
.......Next has better skills at retail marketing, but the quality of the clothing leaves much to be desired, so I don't see it as a long-term winner.



Do they sell clothes? I look at them ..er.... as a bank.

If I was only looking for long term winners then I would stick to Investment Trusts. When I buy individual stocks then I keep a watchful eye on them with a finger ready to press the sell button as soon as I think the time is right.
I learned this lesson from BP.
alan simmons
Posted: 29 May 2018 12:08:08(UTC)
#23

Joined: 29/05/2018(UTC)
Posts: 5

Before the disaster, Barclays had sold $31 billion worth of mortgages to investors, half of which were later defaulted on, the DOJ said
Mr Helpful
Posted: 08 June 2018 17:49:47(UTC)
#24

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At last !!!

http://citywire.co.uk/mo...y-shooting-gallery-list

Where now?
Back to basics?
Difficult to evaluate until we discern future shape of business.
The Jewel in the Crown IMHO is OpenReach, where noted above, various parties are presently tabling bids.
Without OpenReach, BT would have little appeal for this investor.
With OpenReach and less of the temporary fashionable junk, BT could be tucked away in the Infrastructure Asset Class for the long-term.
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Sara G on 08/06/2018(UTC)
Sara G
Posted: 08 June 2018 18:40:42(UTC)
#25

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I wonder if they could offload the sport to Amazon?!...

I suspect there might be another round of bad news once the new incumbent arrives - s/he will have the advantage of not being blamed. Possibly the dividend may be cut - which I would regard positively if it means they are strengthening their finances and getting things in order.



2 users thanked Sara G for this post.
Mr Helpful on 09/06/2018(UTC), Tim D on 09/06/2018(UTC)
Tyrion Lannister
Posted: 10 June 2018 21:49:45(UTC)
#26

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I’ve given up on BT. I’ll hold onto the shares I have purely for the dividend but have no intention of topping up, no matter how low price falls.

If the dividend is cut, that’ll be the time for me to sell up and take the loss.
Jim Thompson
Posted: 11 June 2018 07:11:33(UTC)
#27

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I remember someone on this forum some time ago mentioning that its no use buying a share for an apparent long term hefty dividend if the company is fundamentally badly run. That thought echoed in my head not long after I joined the BT euphoria after the accounting scandal, when the price dropped sharply to around £3, I pressed the sell button after some reflection with a £20 loss.

BT may be a badly run company. An opinion not based on financial figures I would add, or trends on a graph, but what I hear users of their service say. The BT business is like a legacy product trying to be top dog, and in my opinion has a dwindling market heavily weighted towards retirees who still think they are better off with a name they recognise.

For the sake of balance I would add that Virgin Media is the only company I have ever had to write two letters of complaint to.
Tony Peterson
Posted: 11 June 2018 10:30:49(UTC)
#28

Joined: 10/08/2009(UTC)
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Historically, BT has been our most profitable investment. Held from launch until 1999 and 2004 until the present.

Dividends and realised gains have paid for our investment about twice over. All this and a great telephone and internet service too. An essential business for me.

I defer to your collective wisdom and confess to yet another investment mistake by ignoring the impatience, disappointments, and critical analysis on this thread. Taking more short term profits from miners' pharma, and utilities, I have just boosted our holding further.

I hope the sp now continues its downward path until the Centrica dividend pops into our ISAs in a couple of weeks. It might help rebuild our BT holding above its previous maximum. Not there yet, though.
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Sara G on 11/06/2018(UTC)
Jim Thompson
Posted: 11 June 2018 14:00:09(UTC)
#29

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Fair comments Mr P, I can't fault your long term commitment.

As a new entrant, it didn't sit right, and on reflection I didn't want to invest in anything I didn't 'believe in'.

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Aminatidi on 11/06/2018(UTC)
Tony Peterson
Posted: 12 June 2018 12:57:39(UTC)
#30

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Happy to note that I seemed to catch a local minimum with BT yesterday, so (since sentiment affects whole sectors at a time) I would like to think that the extra VOD top-up I made this morning at 188 (sacrificing a bit of a 20% profit in GSK since March) to repurchase the VOD shares we last sold at 239 in January might also turn out to be a local min.

But if not we can always top up further.



Mr Helpful
Posted: 12 June 2018 13:08:47(UTC)
#31

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By some fluke made a quick flip slender profit on BT.A in April/May.
Decided to stand to one side before the Annual Report.
That proved a blessing.

Having exited at 236, re-entered today at 208.54.
If OpenReach retained, then BT.A can qualify for inclusion alongside other portfolio Infrastructure Assets.
With Fundamentals so problematic, leaning to some degree on Technicals.
Trying not to take the polarised view (BT.A or no BT.A); rather how much BT.A ???
Buying on a scale.
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Tim D on 12/06/2018(UTC)
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