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Savings/Investments

Morning all!

Back with another advice article, well more of a discussion/debate.

Ive been lucky (in the poorest sense of the word) through COVID that ive managed to save up and clear down all my debt and am now in the lucky position of having expendable income to save/invest/etc.

I know the bitcoin bubble is way out my reach now as i only have around £2-300 a month to play with and just wondering if anybody has had any luck going down more conventional routes e.g. Stock/Shares Isas etc , more into pension fund, etc etc..

posted on 31/3/21

comment by Magnum. (The big man on here, The Chief, The Head Honcho, The Big Tamale, The Sheriff, The Main Man, The Guv'nor for the Danny Dyer types, WTF are you looking at?) (U22391)
posted 58 minutes ago
comment by Zico 💚 (U21900)
posted 7 minutes ago
BT GROUP PLC ORD 5P with EPIC code (LON:BT-A) have now 19 analysts covering the company

The target price ranges between £3.60 and £2.35 with the average target price sitting at £2.85.

With the shares previous close at £1.48 this indicates there is a potential upside of 92.2%.

Jump on and make some money folks
----------------------------------------------------------------------
What do you think would be a reasonable timescale to expect to meet that return?
----------------------------------------------------------------------

I'm no fortune teller or financial type, but I would say maybe two to four years.

Re the Market Cap, it's false... BT have just Invested £12Bn to provide Fibre to 20 billion homes, once that's done it's just about collecting the profits.

posted on 31/3/21

*20 Million homes

posted on 31/3/21

comment by Zico 💚 (U21900)
posted 25 minutes ago
comment by Magnum. (The big man on here, The Chief, The Head Honcho, The Big Tamale, The Sheriff, The Main Man, The Guv'nor for the Danny Dyer types, WTF are you looking at?) (U22391)
posted 58 minutes ago
comment by Zico 💚 (U21900)
posted 7 minutes ago
BT GROUP PLC ORD 5P with EPIC code (LON:BT-A) have now 19 analysts covering the company

The target price ranges between £3.60 and £2.35 with the average target price sitting at £2.85.

With the shares previous close at £1.48 this indicates there is a potential upside of 92.2%.

Jump on and make some money folks
----------------------------------------------------------------------
What do you think would be a reasonable timescale to expect to meet that return?
----------------------------------------------------------------------

I'm no fortune teller or financial type, but I would say maybe two to four years.

Re the Market Cap, it's false... BT have just Invested £12Bn to provide Fibre to 20 billion homes, once that's done it's just about collecting the profits.
----------------------------------------------------------------------
That's what I thought. Cheers

Doubling your money in a fairly safe way over a two year period is big. I suppose the only significant risk if the bubble bursts in a big way and everything goes south. In which case most of us would be fecked anyway.

It's probably worth a sizeable punt.

posted on 31/3/21

BT is massively undervalued, good luck, although I'm certain you won't need it.

comment by lauders (U9757)

posted on 31/3/21

We'd have free 5g everywhere if we hadn't have privatised BT.

Lagging (literally) behind France. How embarrassing,
France.

comment by Silver (U6112)

posted on 31/3/21

BT have a £5bn (last time I looked) deficit on their £65bn pension liabilities - biggest in the country. Whilst it is not catastrophic it is what has held the share price back. They can't close the gap without raiding dividends which would tank the sp. Profits after tax c. £2bn. A fine balancing act especially as the bulk of their pension fund assets with be in bonds that have been propped up by government quantitative easing as I mentioned earlier. If bonds collapse so will BT.

They have struggled for growth forever. Reinstating the 7% divi will merely underline that they are not a growth stock. Fine if you need that balance in your portfolio though I can think of safer options and BT could be just another value trap. DYOR.

posted on 31/3/21

comment by Silver (U6112)
posted 8 minutes ago
BT have a £5bn (last time I looked) deficit on their £65bn pension liabilities - biggest in the country. Whilst it is not catastrophic it is what has held the share price back. They can't close the gap without raiding dividends which would tank the sp. Profits after tax c. £2bn. A fine balancing act especially as the bulk of their pension fund assets with be in bonds that have been propped up by government quantitative easing as I mentioned earlier. If bonds collapse so will BT.

They have struggled for growth forever. Reinstating the 7% divi will merely underline that they are not a growth stock. Fine if you need that balance in your portfolio though I can think of safer options and BT could be just another value trap. DYOR.
----------------------------------------------------------------------
I remember that now.from memory the other issue with that is that a lot of the liability sits in DB schemes so there's very limited room for manoeuvre.

I knew there was a shortfall (they're not the only ones) but hadn't realised it was that big. Its basically a giant ponzi but the chicken will come home to roost as some point.

posted on 31/3/21

comment by lauders 55 (U9757)
posted 29 minutes ago
We'd have free 5g everywhere if we hadn't have privatised BT.

Lagging (literally) behind France. How embarrassing,
France.
----------------------------------------------------------------------
We'd have had a full fibre network in the 1980s if Thatcher handn't kyboshed the idea.

Now we play catchup with the rest of the world.

posted on 31/3/21

comment by Magnum. (The big man on here, The Chief, The Head Honcho, The Big Tamale, The Sheriff, The Main Man, The Guv'nor for the Danny Dyer types, WTF are you looking at?) (U22391)
posted 24 minutes ago
comment by Silver (U6112)
posted 8 minutes ago
BT have a £5bn (last time I looked) deficit on their £65bn pension liabilities - biggest in the country. Whilst it is not catastrophic it is what has held the share price back. They can't close the gap without raiding dividends which would tank the sp. Profits after tax c. £2bn. A fine balancing act especially as the bulk of their pension fund assets with be in bonds that have been propped up by government quantitative easing as I mentioned earlier. If bonds collapse so will BT.

They have struggled for growth forever. Reinstating the 7% divi will merely underline that they are not a growth stock. Fine if you need that balance in your portfolio though I can think of safer options and BT could be just another value trap. DYOR.
----------------------------------------------------------------------
I remember that now.from memory the other issue with that is that a lot of the liability sits in DB schemes so there's very limited room for manoeuvre.

I knew there was a shortfall (they're not the only ones) but hadn't realised it was that big. Its basically a giant ponzi but the chicken will come home to roost as some point.
----------------------------------------------------------------------

The share price was 95p six months ago, it's now 155p.
Lots of money made shorting it.

Despite the pension issue, I believe BT will be at least £2 this year and maybe double that a couple of years later.

The pensions and payoffs BT have given it's employees are eyewatering, they have been streamling for the past three years and continue to be more competitive.

posted on 31/3/21

Hedera

https://youtu.be/VSmANwwaOxU

🚀🚀🚀

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