Bt Share Discussion Threads

[isis] 04/12/2023 20:41

Pension fund ownership of UK stocks hits record low
4 December 2023 • 6:22pm


Insurance and pension funds’ proportions in UK quoted shares slumped to 4.2pc in 2022, according to the Office for National Statistics (ONS).

It was the lowest proportion jointly held by them on record. The proportion has been falling since 1997, when the combined ratio owned was 45.7pc of UK equities.

Pension funds alone held just 1.6pc, the lowest figure on record.

The ONS said the fall may be because companies are “expecting more profitable returns on overseas shares” as well as changes in pension fund regulations.

The data show that at the end of 2022, shares in quoted UK-based companies listed on the London Stock Exchange were worth a total of £2.42trillion.

The proportion of UK shares held by overseas investors increased to a record high of 57.7pc of the value of the UK stock market.

[netcurtains] 04/12/2023 20:30

You can get SKY Atlantic on BT TV via NOW TV

[isis] 04/12/2023 17:37

It probably wasn't wise for the Government to encourage more start ups for Broadband given the costs involved. Many millions have been spent and with costs flying upwards it's gonna end up with most of them going to the Wall like the old Cable Companies in the 80's and 90's.

[rathkum] 04/12/2023 17:28

BT Group PLC's (LSE:BT.A) share price could more than double, according to JPMorgan, which thinks 2024 could be a “break-outR21; year for European telcos.

The investment bank’s bullish sector stance is based on price increases which imply upside risk to consensus, EBITDA growth, free cash flow increases, “best-in-class" EPS growth, falling interest rates and prospects for further consolidation in the sector.

[smurfy2001] 04/12/2023 17:04

Ex-Dividend 28 Dec 2023
Payment date 2 Feb 2024

[holly1000] 04/12/2023 16:26

The Christmas rally has started BT always does well this time of year also Divided on 23rd I think ?

[diku] 04/12/2023 09:05

How the market narrative gets flipped and tossed around...first high rates were bad for technology shares...now high rates for longer is good for technology shares...until the next narrative flip and toss around...its a casino...end off...

[netcurtains] 04/12/2023 08:45

I have noticed, while in Scotland over the weekend, some of my mates are switching from VIRGIN to BT...

Are BT doing good deal at present?

[pdosullivan] 04/12/2023 08:07

I know the market prefers "show me do not tell me" stories so it will not pay up for BT today, but when the FTTP programme ends in 2026 and the cost savings programme is fully delivered the Group will be producing literally billions of pounds in extra annual free cash flow within a couple of years which will have people looking back in disbelief that this traded on 6x earnings in 2023.

[isis] 02/12/2023 17:46

The markets at some point correct themselves to the mean. The chances of overvalued shares with no dividend going down is far riskier than undervalued shares paying dividends going up!
The derisk of Pension Funds has been the main factor in many of our devaluations 50% to under 3% is a massive drop by any standards!!
BT take note - you are one of the main culprits!

[careful] 02/12/2023 17:38

We can buy overvalued USA shares or undervalued UK shares.

Not happy with either.
Apple at PE over 30 and yield of 0.5%.
Many UK shares with PE 10 yield 5%

No money going in here .

Liquidity rules all markets, but shares are not houses.
An identical property in Bradford is worth a fraction of one in Richmond, London.
..but rents are effective dividends, and much higher in London.

On balance I prefer undervalued shares paying good dividends.

[isis] 29/11/2023 08:49

Pension Funds need to be more diversified. With such big yields on FTSE stocks they should be holding alot more.
Hardly anything even trades at NAV!

[diku] 29/11/2023 08:43

FTSE needs reforms...what progress since Y2000?...

[cafc69] 28/11/2023 09:14

1 step forward 3 back

[stansmith1] 24/11/2023 11:22

There are many ways the can use it for their own purposes...the tories pledged to stop it falling into foreign hands...that limits things does it not?Labour will no doubt introduce lots of customer friendly profit limiting rules...

[isis] 24/11/2023 09:20

BT are doing the job of covering BB across the Country. Corbyn mooted privatisation but we all know he was a bit of a Nutter.
There's no need and it's too costly when it's being done anyway. BB could be given away free and paid for by Government but can't see it myself.

[isis] 24/11/2023 09:12

I personally don't think Starmer will be nationalising anything, let alone BT. It's pretty impossible to do now anyway.