Bt Share Discussion Threads

[chapchip] 10/5/2018 08:10

FFS..how is 10% down justified!!!!!!

bet it climbs during the day

[hamhamham1] 10/5/2018 08:10

Just bought in at 217p.

[veryniceperson] 10/5/2018 08:06

Well down, shame.

[smurfy2001] 10/5/2018 08:06

Well congrats to the ceo he can celebrate the share price today

[eaaxs06] 10/5/2018 08:06

Edit - take that back!

[eaaxs06] 10/5/2018 08:05

Taking some time to get out of the pre market auction?

Hopefully a good sign.

[toon1966] 10/5/2018 08:01

Not sure what to make of the results, but at first view could have been a lot worse. Hiring of people to support network deployment will hopefully appease Ofcom, Interesting to see they are looking to move out of Newgate Street, they thought about doing that in the early noughties if memory serves me. Let's see what the City makes of all this!!

[longshanks] 10/5/2018 08:00

Sales to wholesale and global services are still struggling. It is good to see that the company is shaping itself to better compete in these markets, but I suspect the ongoing decline in sales will encourage some bears to maintain a negative long term view.

[dipso] 10/5/2018 07:51

Telecoms giant BT is to cut 13,000 jobs over three years as it seeks to slim down its management and back-office roles.
BT said that the job cuts and other measures would help it achieve a cost reduction of £1.5bn.
It added that it would be hiring about 6,000 employees "to support network deployment and customer service".
BT also intends to move its headquarters out of central London to a site yet to be announced.
The announcements came as BT disclosed that its annual pre-tax profits rose 11% to £2.6bn in the year to March.
The firm also announced a 13-year plan to plug its £11.3bn pension fund deficit, including regular payments into the scheme and a bond issue.

[careful] 10/5/2018 07:49

We have a 6.5% dividend, well covered with good prospects over the long term.
Great value in a world where safe investments yield about 1%.

[eaaxs06] 10/5/2018 07:45

So all the doom-mongers called it wrong, with the best pre tax profit and earnings per share for the last 2 years. With a p/e of 11.6 that doesn't look too expensive to me.

Good news also on the pension deficit, £11.3b isn't as bad as the £13b being touted in the press, with plans on tackling it in place very welcommed. The 13,000 job losses sounds like the thinning down and reorganising in lots of areas, hopefully making things a lot leaner.

A little disappointed by only holding the dividend, I hardly call that 'progressive' but overall I'm reasonably happy with the announcement. It should put minds to rest and take away the uncertainty that overhangs the share price, so I'd expect it to build from here.

Good luck, everybody.

[wllmherk] 10/5/2018 07:31

Just time for a cursory read through before heading into the office, but, my initial reaction these are a mildly positive set of results. Whether the share price rises or not I don't know, most of my largest holdings, (these being 3rd biggest), have fallen on results recently so a positive start would be most welcome, but who knows.

wllm

[toon1966] 10/5/2018 07:25

Results can be found here

[longshanks] 10/5/2018 07:23

Share price: up, down or no change?

[careful] 10/5/2018 07:18

divi held final 10.55p.
pension deficit £11.3bn.
next year will be similar.

nothing to worry about, nothing to get excited about.
BT is at last beginning to look like a boring utility.

[careful] 09/5/2018 17:00

The results, dividend, pension details and guidance are important tomorrow.
The reaction of this crazy rigged market is not.
But it would be good if the market has a good reaction to good results.

[toon1966] 09/5/2018 15:45

Still waiting winner31.....be a 'man' and provide your source!

[knowing] 09/5/2018 15:24

Blockchain



Even the bad broker views are in excess of current prices

[clair_voyant] 09/5/2018 15:04

Just checked, half year results on Nov. 2nd it was, opened 267p from 260.5 closed 253.6 that day. Crazy!

[clair_voyant] 09/5/2018 14:56

I remember one qtr results last year when the share price opened up 7p and proceeded to lose that throughout the day and finished up closing down 7p. Hope that's not the case tomorrow as I'm in for £2,000/pt

[toon1966] 09/5/2018 14:52

winner31 - be a good chap and let us all know where you read this, better still post a link to where you read this.....

[essentialinvestor] 09/5/2018 14:27

Charles, oh, that's a big call. Possibly maybe ).