Bt Share Discussion Threads

[toon1966] 31/10/2017 14:34

Surely the No.1 Trader knows, please put us mere mortals out of our misery....

[montyhedge] 31/10/2017 14:24

Can't wait until Thursday, up 15p or down 15p. Whats the guess ?

Must admit if I was Metalguru on BT cfd £5000 a point long position, I would be having sleepless nights.

[smurfy2001] 31/10/2017 13:17

Small add reduced average down to 282.45. Leaving enough on the table to average further down in case the worst happens.

[dmf] 31/10/2017 11:27

GP may be on list of disposals......not sure if could be regarded as an asset

[dmf] 31/10/2017 11:24

We may have some news on disposal of some assets....during result announcement

[jenny tulwought] 31/10/2017 11:05

No, don't bother.

[toon1966] 31/10/2017 10:51

Which is it to be then Montyhedge, up or down? Given you're the No.1 Trader please enlighten us all....

[montyhedge] 31/10/2017 10:45

Thursday, I reckon 245p or 285p, 20p swing either way. I know which one I think nearer.

[pacemaker1000] 31/10/2017 10:45

Well said christh

[toon1966] 31/10/2017 10:42

Thanks for the update Philanderer. Although (as mentioned) Tesco halved their deficit with some analyst's pointing to an upside to the Tesco SP, this has failed to materialise! Hopefully we will see BT's pension deficit coming down and so reducing the need to increase pension contributions. Should help free cash flow!!

[montyhedge] 31/10/2017 10:37

Ofcom objective is to weaken BT hold, thats why they let them keep Openreach, control BT.

[philanderer] 31/10/2017 10:11

UBS sees pension upside at BT

UBS believes there is up to 40p per share upside from a potential reduction in BT’s (BT) pension deficit, which stood at £9.1 billion at the end of June, according to the IAS19 accounting measure.

Analyst Polo Tang estimated that figure could now have fallen to £8.4 billion, explaining that every 10 basis points increase in yield reduced the deficit by up to £800 million, with a corresponding increase in inflation raising it by up to £700 million.

A much bigger reduction could come from a change in the mortality tables used to calculate the deficit, which helped to reduce the pension liabilities at supermarket Tesco.

‘Applying the new tables to the BT pension scheme could reduce the actuarial deficit at BT by £3 billion… and would theoretically add 30p to the valuation for BT. However, this change would require the agreement of the BT pension trustees and could be offset by more prudent assumptions elsewhere,’ he said.

A further £1 billion reduction in the deficit would come from a court victory in BT’s legal big to change the terms for a minority of members from linkage to consumer price inflation from the higher retail price inflation.

Tang has a ‘neutral’ rating and a 310p target price on the shares, which were flat at 262.8p yesterday.

[toon1966] 31/10/2017 09:58

Careful are you putting yourself in the frame for BT's next CEO?

[pacemaker1000] 31/10/2017 09:51

hxxps://investomania.co.uk/2017/10/will-catalyst-push-bt-group-plc-higher-7-decline/

[essentialinvestor] 31/10/2017 09:45

Might be worth noting in the US the sector is very weak.
Look at how AT&T has sold off since recent results.

[careful] 31/10/2017 09:43

with more than 100,000 employees and 300,000 in the pension scheme it must be a difficult company to manage.
In 2 days we shall get an insight into the strategic revue.
The opportunity here is the fact that it is such an unmanageable monster.
Plenty of scope for efficiencies and cost savings.

With regard to the pension deficit, life expectancy is a key factor, as are interest rates.
The sensitivity of the deficit to these factors can result in huge swings with slight variations in assumptions.
300,000 scheme members now, but sadly, in 10 years many will no longer be with us.

It must be possible to streamline the workforce and get a leaner, more efficient outfit.
Much to go at.
Looking forward to Thursday, I expect something radical.

[orinocor] 31/10/2017 08:33

Hubshank30 Oct '17 - 14:17 - 25804 of 25810 2 0
I will do the opposite of whatever Monty does! ;-)


Very wise. I've followed this strategy for a number of years and I've made a lot of money.

[stockriser] 31/10/2017 08:02

No need I'm already in :-)

[dipso] 31/10/2017 07:28

Get in quick

[careful] 30/10/2017 16:16

Optimistic about Thursdays result.
expecting a pop.
puzzled that some guess there is more downfside to come on Thursday.
pension ruling shortly will also effect sentiment.

With luck and a calming statement Thursday, Hopefully better news on pensions we could be in for a good run until year end.

[blueball] 30/10/2017 16:01

My target price 255p coming soon.

[hubshank] 30/10/2017 14:43

Thankfully not - I have been out a while but actually not tempted as yet to jump back in! :-)

[montyhedge] 30/10/2017 14:22

Hub
I hope you did not, I called this from 315p to 265p. You would have loss money.