Bt Share Discussion Threads

[glenkaz] 26/1/2017 23:31

£53k in ast! Blimey will they get to 8p again! What a year! Have to say this! On aim you can't allways sell when ya want by is different bird! I wanna sell all I press a button it's done like Glencore! Wish ya luck and kinda love to see ast in double figs! Be carefull though sim is a sh/t hole! 🤒

[pacemaker1000] 26/1/2017 23:21

I don't think youd get anybody to say that this weeks drop was proportionate!

[brando69] 26/1/2017 23:18

... but I know where that one is going...

[brando69] 26/1/2017 23:17

you must be very wealthy to stake £260k on BT.A at the moment. That's high risk. Mind you I have £53K in AST...

[glenkaz] 26/1/2017 23:11

I have £260k in at £305! It stays! Divi yum yum and big blue yum yum! A gift waz given for us to take! Lth boooom and AV down of ya can! Drop has allready hit bottom IMO! Gla! Hang on I can smell 💩 Silly me it's a shorter! 😋

[ny boy] 26/1/2017 23:00

Who cares if they go up 20/30p or down 20/30p, look at them next year, they will be much higher.

[adyfc] 26/1/2017 22:36

Profit warnings always come in three's. Better pucker up.

[montyhedge] 26/1/2017 22:32

Moody's downgraded tonight, but these will be up tomorrow.

[greg the grinch] 26/1/2017 22:25

glen

I'm not short. I almost bought today but decided I did not have a clue if tomorrow was up or down.

Good luck.

[glenkaz] 26/1/2017 22:15

£530mil to £80 billion loss!! Mmm! F off! U shorting stinking flies round 💩 Short d/cks! Do you actually think the likes of you and me can trash bt 🤔W/ankers!

[greg the grinch] 26/1/2017 22:05

greg the grinch
26 Jan '17 - 17:00 - 21187 of 21221 0 0 Edit
Hmm ... the chart is saying something the insiders know and mere mortals do not?

GLA


########################


Seems recent buyers got shafted?

GLA

[pacemaker1000] 26/1/2017 21:48

Moody's very timed announcement. Too well timed?
Something beginning to smell and murdoch will be very happy. Deutsche Bank suddenly positive?
Even if results good tomorrow I think we could go down. Some big player pulling the strings.
Grassy knoll time 😀

[diku] 26/1/2017 21:33

Think if there is a bounce then it goes upto 320p & sellers come out again..

[spoole5] 26/1/2017 21:16

Think tomorrow will be all about the results and the mobile broadband and consumer business. Are they performing strongly enough to get some sort of bounce out of the shares.

[redartbmud] 26/1/2017 21:06

I know that it will not happen, but wouldn't it be good if the share price rose tomorrow, to the levels pre-Italian announcement. What would the smart lawyers do then?
Undoubtedly they would claim that their clients sold multi trillions of shares at a big loss, and the corrupt US Courts would still enforce the claims.
Just a hypothesis.

[smurfy2001] 26/1/2017 21:06

BT scandal joins VW and Tesco in crosshairs of shareholder legal action specialists

[smurfy2001] 26/1/2017 21:02

Fears over BT debt pile as ratings agency warns of negative outlook in wake of accounting scandal

BT is at risk of having its credit rating cut over fears that the heavy blow to profits from its accounting scandal in Italy and a slump in big contracts will slow effort to reduce its debt pile.

The ratings agency Moody’s has changed its outlook on BT from stable to negative in the wake of the company’s profit warning earlier this week.

A negative outlook indicates that BT is in danger of losing its Baa1 rating, considered a lower-medium investment grade. Lower credit ratings make it more expensive for companies to borrow as lenders view them as riskier.

Moody’s said BT, which is due to issue its third quarter financial update tomorrow, was already more indebted than it would normally allow for a Baa1 rating.

The agency said it had maintained the rating on expectations of improving underlying profits, which have taken a £400m hit for this year and next as a result of improper account in Italy and slowing corporate and public sector business.

At its last financial update BT’s net debt stood at £9.6bn. The company also bears the weight of a multi billion-pound deficit in its pension fund, the UK’s largest private retirement pot. At the last count in October the deficit was £11.5bn, up from £7.6bn in June. BT has agreed to make massive top-up payments over the next few years.

Moody’s analyst Laura Perez said: "Changing BT's outlook to negative reflects the company's weaker expectations for operating performance over the medium term, which further weighs on BT's financial profile from an already stretched level for the Baa1 rating, following the surge in the company's reported pension deficit in the first half of 2016.”

"The profit warning will further delay the deleveraging that we had anticipated.”

BT’s debts are now expected to be 3.5 times its underlying earnings this year and 3.4 times next year. The normal upper limit for a Baa1 rating is 2.8 times.

Moody’s added that the scandal in Italy, the result of improper sales, purchase, factoring and leasing transactions, showed BT had “less than adequate operational controls”.

The senior management of BT Italia left the company in autumn, before a forensic audit by KPMG revealed the full extent of the problems.

Prosecutors in Milan have launched a criminal investigation. PWC, BT’s auditor for more than 30 years, faces an accelerated review of its contract as the board attempt to uncover what went wrong.

BT sources confirmed the company is poised to appoint Andrea Giovanni Bono, current leader of its Swiss, Scandinavian and Russian businesses, to run BT Italia. The impending appointment was first reported by Bloomberg News.

[smurfy2001] 26/1/2017 21:01

A leading ratings agency has cut the outlook of telecoms giant BT after revealing its patience had run out.

On the eve of BT revealing its third quarter trading figures, Moody's changed the group's outlook from stable to negative.

The news comes as another blow to the FTSE 100 firm after it revealed on Tuesday a £530m accounting black hole in its Italian arm and issued a profit warning after poorer than expected trading from some of its core operations.

hxxp://www.cityam.com/257911/moodys-unable-tolerate-bts-weaker-operating-trading

[spoole5] 26/1/2017 20:40

Moodys downgrade stable to negative.

[glenkaz] 26/1/2017 20:37

Mr spoole! I'll take that tommorow £3.25 😋 What w/nkers they are! Tin hat in the bin! It's what to do with tommorows profit! 🤗💷

[philanderer] 26/1/2017 20:21

Citywire:


The only positive investors can draw upon is that BT's dividend appears intact, with the company reaffirming a commitment to growth of at least 10% in 2017 and 2018.

Should that result in dividends of 15.5p for this year and 17.1p in 2018, as per Berenberg estimates, it leaves the stock trading on respective yields of 5.1% and 5.7%.

That could attract new income investors to the stock and, according to Haitong analyst John Karidis, is one of the reasons why Tuesday's spectacular slide was an overreaction.

'Based on our experience of BT and our work on the company to date, we think management has chosen to reflect the causes of [Tuesday's] profit warning onto revised 2017 and 2018 guidance, but not the continuing good performance of other BT divisions,' he said. 'As ever, BT always errs heavily on the side of caution.'

[spoole5] 26/1/2017 20:19

Most recent deutsche bank rec i can find is from Jan 5th sell with 325 target.

[glenkaz] 26/1/2017 20:15

Any positive news and all negs out of the way watch the biggest rise you've ever seen! 8 billion wiped out for a poxy few mill! Tut tut tut! Each the panick buys come flooding in! Peeps love their divis! My reputation is on this now!! Buy buy buy! ....o you can't! See ya at 8% open! 🤗🍷 cheers