Bt Share Discussion Threads

[gotnorolex] 18/5/2017 10:50

In cash only after the DJI spook! May be back on St Leger's.

[jenny tulwought] 18/5/2017 10:46

This is the 'copy & pasted' passage from the final results RNS:

Proposed final dividend of 10.55p, up 10%, giving a full year dividend of 15.40p, also up 10%. Dividend policy remains progressive but 2017/18 dividend growth to be lower than the 10% previously anticipated.

[abdullla] 18/5/2017 10:29

Agree that cutting dividend may not be in the print but it is between the lines and is being speculated as such!

[ascoyne] 18/5/2017 10:18

BT hasn't said that it will cut the dividend they have said they cannot increase the dividend at the same rate as this year (10%).

Admittedly they were foolish to promise 10% year on year increases for 2 years only a few months ago but they are not actually talking about cutting future dividends.

[jenny tulwought] 18/5/2017 10:14

Monty, you said (before your latest 180 degree flip) that bad news comes in threes. Italy was only one, the Ofcom fine and compo was the another. Presumably the third (as yet unspecified but foretold by yourself), is keeping the share price down.

[abdullla] 18/5/2017 10:04

Just to add,BT is cutting the future divi whereas Vodafone is doing the opposite! And on that note investors are switching between the two telcos in favour of Vodafone!

[abdullla] 18/5/2017 09:52

Half of Vodafone write down of £5 billion has been already taken out in the results and credited likewise in the books,after all these are just a paper losses !

[toon1966] 18/5/2017 09:48

Agree abdullla. Monty is conveniently forgetting all the baggage that BT are currently carrying which will live long in the memory of serious investors and hence lack of confidence in the company. VOD forward guidance was also very positive hence the rise in their share price

[montyhedge] 18/5/2017 09:33

This is what I want, Adam Crozier who built up ITV, to take over TV side of BT. The boss of that division as just left. Build up the TV sports etc, separate and float off. We all get shares in BT TV. Small note Crozier and Paterson live in the same town in Surrey, come on Gavin knock on he's door. Lol

[diku] 18/5/2017 09:20

Any possibility of BT bid by say a consortium of 2 bidders...the 2 bidders cherry pick the businesses they want & the rest is sold off...or is that too simple on paper but reality mission impossible as BT is tangled in knots...

[montyhedge] 18/5/2017 09:16

But Italy a one off, pre tax profit would have been £2.8 billion.Vod £6 billion lost.

[abdullla] 18/5/2017 09:11

After Italy ?? BT has lost credit worthiness in the markets whereas Vodafone is clean!

[montyhedge] 18/5/2017 08:25

DipsoYou know I go on about I feel Adam Crozier, who as just left ITV after seven years, would be nice in some form get involved in BT what a challenge for him it would be.Every company he as been involve with as gone up massively.

[montyhedge] 18/5/2017 08:03

BT £2.35 billion profit, divi up 10% we go up 2%.Vod £6 billion loss, divi up 2% shares up 10%, lol funny old game.

[pacemaker1000] 17/5/2017 20:16

Well said dumsy. A takeover is the only quick way to recover the share price

[dumspirospero] 17/5/2017 18:39

What we really need is AT&T to make a bid while the share price is still low and exchange rate is their favour.Given current state they could pick it up for £50bn which would be only just over £5 per share i.e. at a level they couldn't have considered it only a year or so ago.Others like NTT, Liberty Media, CT, SoftBank or even Vodafone etc also have a rare window to advance their global digital expansion vision at an attractive price level.Wouldn't be surprised to hear one of them make the move while the share price is still struggling.The future is digital and BT is a valuable enabler with unique underpinning infrastructure that can't be replicated without spending more than the value of the company.Could be exciting times ahead.Good luck all.

[pacemaker1000] 17/5/2017 18:35

Kazoom. Of course GS doesn't have 4000 staff doing nothing, sorry For misleading anyone, but it certainly was the case with GS sales. Sorry to bang on about it but this was totally down to Brexit. It is a shame those guys had to lose their jobs. I know Brexit is going forward but I am annoyed at the lack of publicity for the negative actions this decision made. It's like people are afraid to report it. Yes I mean you Gavin.

[dr biotech] 17/5/2017 17:20

Should have stopped typing after your first 6 words. :-)



montyhedge17 May '17 - 17:12 - 23786 of 23786 0 0
Yes perhaps, I should shut up about the CEO, lets see what he can do. But Italy he took he's eye off the ball.

[kazoom] 17/5/2017 17:20

@pacemaker1000

I don't believe there were 4,000 people in GS sitting around twiddling their thumbs.

What they have said is that they will refocus GS (not totally sure what the 'digital' bit really means); stopping doing some things that don't add so much value.

Over the recent past BT GS (especially in Europe) has been famous for contesting every bid even if the could not deliver or turn a profit. This then causes lots of problems downstream. (I would imagine it was a contributory factor to the Italian debacle and also was surely a factor in the previous BT GS scandal some years ago).

I would hope that this is one of the things they are going to refocus away from!

To be fair though it is not just BTGS, most of the other competitors have similar issues. It's been the case for at least two decades, the customers want the impossible and at unrealistic prices and all of the telcos/ITs addressing the global MNC space are so desperate for "momentum" that they pander to the wildest dreams of the customers - then fail to deliver.

BT would get slaughtered if they withdrew from the BTGS market space, but I would like to see them being much more discerning about what they bid for and at what price. The skill of patience does not come naturally to sales driven organisations, but when your competitors underbid you by 10% sometimes you just need to say "with the greatest of respect we do not believe the service you want can be delivered in a quality way at that price. Best of luck, and please come back and see us when it all goes TU!"

I'm probably being a little too hopeful to think they will actually go there, but I think if they do a proper review they will come to some-way towards that conclusion.

[montyhedge] 17/5/2017 17:12

Yes perhaps, I should shut up about the CEO, lets see what he can do. But Italy he took he's eye off the ball.

[dipso] 17/5/2017 17:09

Alright mutley180° don't ware it out!

[montyhedge] 17/5/2017 16:44

Shares have fallen from high 510p to 308p, ok dividend up 10%, but all this as happened on Gavin Patterson watch. He seems a nice guy, but I personally think get someone else in there. Adam Crozier my choice.

[spendalot] 17/5/2017 16:42

Problem with this share is the fact that it's a Political Share therefore regardless who becomes the new gaffer bearing in mind they tend to last 5yrs or so generally speaking, these won't always be flavour of the month unless they are allowed to have the shackles removed, along with any USO (Universal Service Obligations) which I believe though stand to be corrected that the other Telco's aren't obliged to have.

[colonelgrim] 17/5/2017 16:41

Alright mutley180° don't ware it out!

[pacemaker1000] 17/5/2017 16:40

Let's not forget Gavin was in charge through the ofcom debacle. Should he have caved in so easily? Regardless, the problem now is 'stimulus' and with the latest results doing nothing to improve this then something else has to happen. As BT are constantly telling its staff a company cannot afford to stand still..
Returning to Global Services as I've said before this has been hit massively by Brexit and has never been a good business. As for what the 4000 staff have been doing I can only speak for those I know who have been on gardening leave since Brexit except for those that have taken early retirement...
Stick to what you know and what makes the biggest profit. I'd like to see the new chairman come in with a new CEO and sell off GS along with other non profit making designs and use the cash to reduce the deficit