Bt Share Discussion Threads

[ianood] 26/5/2017 23:34

The DOW has been up and down since London's close and probably took BT ADRs with it. Also cable is moving around too. Your only probably talking a penny or so

[diku] 26/5/2017 23:26

colonelgrim..think you need to brush your teeth...your vocabulary might just improve...

[pacemaker1000] 26/5/2017 21:08

Thanks ianood that's exactly how I saw it, but they don't tie up?
Current conversion puts BTa at £3.158

[ianood] 26/5/2017 19:23

Pace FYI

An American Depositary Share (ADS) is a security which has been created to permit investors in the US to hold shares in non-US companies and trade them on the stock exchanges in the US. Like many other British companies, BT shares are listed on the New York Stock Exchange in the form of ADSs. Each BT ADS is equivalent to 5 ordinary shares.

Thus ADR price divided by 5 and divided by cable is

US 20.19 / 5 = USD 4.04 / 1.2800 = £3.15625

Trading the basis between London and US is called arbitrage.

[mornington crescent] 26/5/2017 19:11

BT is lokking more and nore like DFS
Every advert announces a "SALE" of some sort
They sound desperate to get nore customers

something is going wrong

[colonelgrim] 26/5/2017 17:04

Sorry pace, your question is too difficult for me to even attempt to answer, is it relevant to the broker manipulation here, coz if it is I'll get myself genned up over the weekend!

[smurfy2001] 26/5/2017 16:08

Struggling :(((

[pacemaker1000] 26/5/2017 15:44

Question guys...
Shouldn't ADR equal BTa x 5 at current exchange rate? And.vice versa?
And why doesn't it?

[diku] 26/5/2017 14:48

colonelgrim....you like yourself too much...

[eaaxs06] 26/5/2017 08:41

Thanks for that, Dr Biotech, I hadn't seen it.

The whole article seems to have been written a couple of years ago, even down to the picture of Joe Garner, who hasn't even worked for BT for the past 18 months.

[diku] 26/5/2017 08:28

Is that you aka monty?...

[colonelgrim] 26/5/2017 08:19

I’ll pre-empt mutleys next post shall I…



mutley180° 26th May '17 - 08:19 - 23918 of 23912

Bought back in yesterday at 310.5p, next stop 355

[dr biotech] 26/5/2017 08:07

I don't ever read a lot into brokers reports, but their view is as valid as anyone's

[eaaxs06] 26/5/2017 07:58

Let's hope so, kitbag. I've been quite encouraged by the price lately and the strength running into the close of day, even yesterday.

I've still not seen this Parisbas downgrade, as it's not published on the site's I use?

[kitbag1984] 26/5/2017 00:00

If it can stay above 3.12 then there is a chance for a retest at 3.40. Fingers crossed.

[excell1] 25/5/2017 18:00

Don't take a lot of notice of broker forecasts. The share didn't jump up a £1 when Barclays recently put a value on BT of £4.50 with an outperform forecast. As you say just an excuse for someone wanting in cheaper. About time though that BT came out with some good news and got this stock well away from the £3 odd level.

[kitbag1984] 25/5/2017 16:56

Yessss! Monty flip flop has flip flopped. Do the opposite of what he says and you will be quids in! ?

[diku] 25/5/2017 14:50

Sorry ADVFN playing up..

[diku] 25/5/2017 14:49

Downgrade is an opportunity for that broker clients to get in or out depending on their positions....and don't tell me this sort of mischief doesn't happen!....

[pacemaker1000] 25/5/2017 14:45

Panicked when I saw Monty talking about sub £3 again! Then realised how was out...lol

[pacemaker1000] 25/5/2017 14:45

Panicked when I saw Monty talking about sub £3 again! Then realised how was out...lol