Bt Share Discussion Threads

[sr2day] 03/11/2017 08:55

divs maintained,should outperform from here.

[dr biotech] 03/11/2017 08:53

This has got to be amongst the most stupid posts I have ever read on one of these BBs. Monty take a bow.


montyhedge3 Nov '17 - 08:26 - 25990 of 25993 1 0
I see one spreadbetter clients who have positions in BT 94% are long positions. To me that’s says massive stale bull position in BT. Everyone it’s seems wants to catch what they think is the low. Good luck bulls.

[kmann] 03/11/2017 08:44

Lets face it, this has just been a "technical" decline. If its not going bust, its going UP ... eventualy.

Staggered BUY for growth

[23blade] 03/11/2017 08:39

And Numis reiterate 390

[dmf] 03/11/2017 08:38

DB sell target price 265 reiteration

[montyhedge] 03/11/2017 08:26

I see one spreadbetter clients who have positions in BT 94% are long positions. To me that's says massive stale bull position in BT. Everyone it's seems wants to catch what they think is the low. Good luck bulls.

[23blade] 03/11/2017 08:23

Great posts from 'Velo' on LSE:

The Relative Strength Index on Wedensday night lay at RSi26 and in previous posts the other day on Tueday evening I pointed out how there had been only 7 occasions over the past 5 years with RSi falls greater than that. (Below RSi30 is the mandatory cut-off point for designating a share as having breached and entered "oversold" condition).

Below 30 the share will usually find a point (usually quite quickly in days/weeks - but months only rarely) where outright Seller Exhaustion occurs where all those who want to sell, have sold and thus the slightest buying sends the MM's /SETS scrambling raising the price for non-available shares, as all the sellers become exhausted.

In BT's case the worst of the past 5 years drop in RSi values occured in January of this year where it fell to approx RSi20 - all the others hit their own floor before RSi20 and rebounded but way after Wedensday's close of RSi26

Tonight after the falling, the share price sunk the RSi to 19 briefly before it came to rest at close at RSi21

Should the share price fall just a smidgen tomorrow, then I'm wondering if it can beat the worst speedy fall of them all in the last 5 years and take top place as the largest of all (now 8) and close tomorrow below RSi20. I've seen literally thousands of RSi in the single digits so don't go thinking RSi 20 is some kind of stockmarket record - it isn't; but in isolatoin for BT alone - it is!

Repeat: of the 7/ 8 falls over the entire last 5 years that fell below 30 ( I went back to end of 2012) January's was the deepest at RSi20 and here tonight it sits at RSi21 And they ALL reacted the same - all snapping back up in a mini rally within roughly a week.

So, question - will it drop and close tomorrow, below BT's infamous RSi20, or take longer, or is that as far as it goes?

Either way, for all, and I do mean all the past 7 falls, the "snap-back" happened rapidly in each case. Am I entitled to hold the opinion why should this time be any different to the others?

If so, then I'd fully expect the share price to meander back up somewhat (30/40p's worth??? the others did) within DAYS, baed on previous data.

Nothing to do with the market reappraising the update, nothing to do with interest rates.
Nothing to do with market conditions. In each case it was an over reaction to runaway bearish sentiment. That's what the Relative Strength Index exsists for - to measure sentiment, nothing else. Also it does not measure the ultimate floor - it only shows a spring-back from a seller exhaustion - back to equilberium. And has nothing whatsoever to do with updates anbd everything to do with investor emotions. And that's when you'll know they're back :)

Right, neck extended out to maximum. Gulp!

[dr biotech] 03/11/2017 08:05

Nah, its just a trade. Have closed it just now 253.40 - not a huge win, but pays for my firework party.

[wllmherk] 03/11/2017 08:04

oakville, what % of stock is on loan ?


wllm

[oakville] 03/11/2017 05:19

Shorts are increasing daily.

[eisler] 03/11/2017 00:46

When I say take the divi, I meant reinvest the divi at a deliciously attractive lower share price BT will come good in time - but don't hold your breath. Any buys between 200-250 will prove to be a very good medium to long term investment.

[careful] 02/11/2017 18:58

A forward PE of 10 and a yield of over 5% should support this.
Just hoping that the management do a good job.
Sentiment is poor at the moment so share price could go lower.
Hoping that they resolve pension issues quickly.

A long haul.

[smurfy2001] 02/11/2017 18:20

@Skinny - nice one ;)

[essentialinvestor] 02/11/2017 18:13

£2 on the surface looks low to me, however we are at 7.5K + on the UKX.
If wider markets sold off heavily and longer term rates head lower,
with a subsequent hit to the pension deficit, that £2 figure may look more plausible imv.

[younasm] 02/11/2017 17:20

I think BT might hold their own in a general equities sell-off. I bought more today, recycled money from oil sector.

[toon1966] 02/11/2017 16:44

LoonieToone eh kmann, that's nearly funny!! You may want to keep looking out the window for the men in the 'white coats' if you thought these share would fly on todays results.

[tim 3] 02/11/2017 16:29

Good chart Skinny 220 or even 200 coming?

[kmann] 02/11/2017 16:12

LoonieToone! Not great but no worse than expected. This IS BT were talking about, they always make their money back .. and a bit more!

[ny boy] 02/11/2017 15:52

Worth remembering the non exc Director bought 100k’s worth @ @282p in June of this year!

[ny boy] 02/11/2017 15:37

Catch a falling knife here, no idea where the bottom is but if we ever see 200p area, I will buy a large quantity. Let’s see how this plays out.

[toon1966] 02/11/2017 15:36

Very optimistic kMann, I hope you're right!! Today's results were in line with expectations but to be honest they weren't very good!