Bt Share Discussion Threads

[essentialinvestor] 02/11/2017 08:36

Not sure I would trust the initial spike, better idea by mid morning imv.

[stockriser] 02/11/2017 08:33

Forget these results the market works well ahead - they know an interest rate (or two) is coming, and how that will be so significantly positive for BTs pension deficit

[colonelgrim] 02/11/2017 08:32

This will close RED (edit) 'today'

[dmf] 02/11/2017 08:31

Webcast stats at 9am.....will listen to some of it, particularly analysts questions

[montyhedge] 02/11/2017 08:29

Looks like a relief rally, or bear closing taking profits. Must I admit I thought down on these results.But hey it's not close of business yet.

[trader2] 02/11/2017 08:19

eaaxs06 - can't fathom reason for forward fix - but at 30%, your forward fix risk is obviously lower (that say 50%).

[colonelgrim] 02/11/2017 08:17

Brokers still looking for metalsguru then :@(

[dr biotech] 02/11/2017 08:17

GP on CNBC says Italian issues largely behind it

[montyhedge] 02/11/2017 08:15

Let's see what they are close of business, you always gets punters jump in for the first hour.

[eaaxs06] 02/11/2017 08:14

Why would any company fix the level of dividend payment to be distributed in February, 10 months early, in the previous April?

The stupidity of BT's board never ceases to amaze me.

[dr biotech] 02/11/2017 08:14

Another wrong call then monty....

[montyhedge] 02/11/2017 08:12

Will have to wait and see what analyst make of figures later.I'm surprised they are up, with EBITDA down and net cash flow down.

[dmf] 02/11/2017 08:04

Yes.....eaaxs06....that's my interretation

[colonelgrim] 02/11/2017 07:59

Nightmare Park more like!

[eaaxs06] 02/11/2017 07:59

The dividend won’t be a 30/70 split, as some have implied. The interim will be 30% of the previous full years’ payment, so that payment will be known 6 months before it’s actually announced.

Any changes will have to wait until the final payment, to confirm any increase/decrease, or suspension? Another stupid idea, where BT is committing to something, that might not be prudent to implement.

[charles clore] 02/11/2017 07:56

Sleeping beauty

[eaaxs06] 02/11/2017 07:49

On the face of it, nothing much in those figures to get excited (or worried) about, in line with previous guidance from the company. Not quite sure where the 20p+ movement is coming from, that Monty, our resident self acclaimed No 1 trader has assured everyone will happen today?

I’m a little dubious about this ‘new ‘ dividend policy - why mention it if it’s not going to happen until next year? It seems to imply they should have cut the interim to 4.62p, but good old BT will be paying 4.85p.

BT are always very reluctant to cut dividends and prefer to hold the payment, even when they know there are serious problems ahead. This is exactly what happened in 2000 and 2008, prior to the dividend was stopped or completely decimated. Just check for yourself if you don’t believe me.

[dipso] 02/11/2017 07:46

SP definately up at open

[davidbennett] 02/11/2017 07:44

BT 2Q Revenue Falls to GBP5.95 Billion vs Est GBP6 Billion
2017-11-02 07:07:55.953 GMT


By Rebecca Penty
(Bloomberg) -- Adjusted revenue down from TKGBP6.05 billion
in year-earlier period, co. says in statement.
* 2Q adj. EPS 6.4p vs est 6.3p
* 2Q adj Ebitda GBP1.81b vs. est GBP1.8b
* 2Q reported pretax profit GBP666m vs. est. GBP620m
* Pension review continues; expects to consult with workers on
proposed changes shortly
* Interim dividend 4.85 vs. est 5.24p; yr-ago (4.85p); interim
dividend for future years set at 30% of prior year’s full
dividend; progressive dividend policy unchanged
* Full year outlook unchanged
* NOTE: Estimates compiled by BT
* NOTE: PREVIEW BT 2Q: Consumer Unit in Focus as New Chairman
Starts

[montyhedge] 02/11/2017 07:44

Ebitda down 4% that's the figure I look at.

[stockriser] 02/11/2017 07:41

DMF - yes you are reading it right - it's a confirmation that the dividend will continue and not be removed as some speculated.

[dr biotech] 02/11/2017 07:38

DMF - no you are not. The dividend is being rebalanced so it will be paid 30:70 interim to final. The total amount will still be progressive, ie hopefully increasing

Edit -I guess it depends on what you think it meant

[wllmherk] 02/11/2017 07:36

yes DMF, but the overall dividend remains 'progressive', so the dividend will rise in the next couple of years,

wllm

[trader2] 02/11/2017 07:36

30% of prior full. Divi skew becoming the norm?

[stockriser] 02/11/2017 07:35

The market expected negative news which is why the share price is where it is - No negative news in there - blue day today AIMHO