BT share price woes

Pincher

grey_gym_sock wrote: »

IMHO, the basic investment case, if there is 1, is that it (the fixed line phone network) is a monopoly, so it doesn't matter if their website / customer service / whatever is rubbish.

Privatisation of national infrastructure is always difficult. British Rail/Rail Track/National Rail is a sterling lesson.

If Ofcom can get some vision together, and actually work with BT, as opposed to sulk and smash it up, we could get into a win/win for everybody, including the consumer.

When it's a dead cert and a cash cow, the share price will reflect it.
Buying at 305p is a recovery play, for people who feel lucky.

bowlhead99

Pincher wrote: »

Don't know why people go to casinos, I get better returns in property and stock market. I keep hearing you get free food in casinos, so I suppose I really should check it out.

Yes free food and drink, and all kinds of eccentric strangers with whom to ponder events of the day. Also casino winnings are tax free, and the house rake not too bad if you think of it as an entertainment fee rather than a loss.

I agree, hearing about what everyone else is doing and why is all good sport - and quite interesting, even if from time to time it's more like car crash TV which we're watching more for entertainment than advice

:beer:

Glen_Clark

Reminds me of when Tesco fell from about £4 to £3, and I bought in thinking I had done well to get them for less than Warren Buffet. Tesco seemed safe enough. But that didn't work out well. So now I hold my UK allocation mstly in FTSE100 ETF instead. People tell me that isn't diversified enough. But its a lot more diversified than I was before.

Pincher

Glen_Clark wrote: »

Reminds me of when Tesco fell from about £4 to £3, and I bought in thinking I had done well to get them for less than Warren Buffet. Tesco seemed safe enough. But that didn't work out well.

I moved some money from NS&I, earning 1% and paying 20% tax, to buy the extra BT.A . Provided the ~4% dividend holds up, I can wait.

Gadfium

I shifted some last week at £3.86...dodged a bullet I think!

There's more to come from this little fiasco.....lets see if Patterson manages to make it through. There's a LOT of people looking at Luis Alvarez at the moment...he sold £675K's worth in December. Possible insider trading?

economic

Gadfium wrote: »

I shifted some last week at £3.86...dodged a bullet I think!

There's more to come from this little fiasco.....lets see if Patterson manages to make it through. There's a LOT of people looking at Luis Alvarez at the moment...he sold £675K's worth in December. Possible insider trading?

Italians are usually very dodgy!

Gadfium

economic wrote: »

Italians are usually very dodgy!

Madam, your casual racism is showing......

BTW, Alvarez is Spanish.

Pincher

It's safer to blames the Catholics.

That's why Martin Luther can't stand them. Protestants Rule!

Bring back Quakers.