Bt Share Discussion Threads

[alphorn] 17/5/2018 16:09

Berny - a meal for little risk is fine, £200 and £300 pay a few beers for doing nothing.

Once the calls expire next month I may open a few puts at the current level. The premium is a discount on the cost price if the option is called. But I am sure that you know that. (My writing range is usually out 6mths fwiw).

[hamhamham1] 17/5/2018 15:41

last 5G post today... honest ;).......

BT and EE could be the first companies in the UK and Europe to have a live 5G network, as they might launch one as soon as next year.

Gavin Patterson, CEO, BT, told analysts that the company would launch 5G services within 18 months at a strategy and earnings presentation last week. That would mean a launch by late 2019, ahead of the dates for commercial launches set by European operators including Telefonica and Deutsche Telekom, who have publicly committed to launching their 5G services in 2020.

BT’s launch next year would also be ahead of the UK government’s projected commercial roll-out for 5G in the UK, which also aims for 2020, but it should not come as a complete surprise to those who’ve been paying attention.

In March, BT and Huawei announced they would deepen their collaboration, with an agreement to conduct live trials of 5G New Radio (where the standards are finalised) and the joint development of core 5G network technology and customer premises equipment. Many analysts see Huawei’s 5G technology as the most advanced on the market.

Previously, in February at Mobile World Congress, Marc Allera, Chief Executive Officer of EE, BT’s biggest mobile business unit, said 5G would arrive within 18 months – and he is well-placed to comment. EE has the UK’s widest 4G coverage as well as the most spectrum suited to 5G.

Every advantage
EE maintained its lead after the 5G spectrum auction at the beginning of April, when it picked up 40MHz of 3.4GHz spectrum, adding to its existing 255Mhz for a total of 295MHz of spectrum. So in other words BT is well positioned and prepared for a rapid 5G roll out.

It also has the advantage of having the most extensive fixed network in the UK, which will provide backhaul for 5G traffic – that is moving traffic off the radio network onto the fibre optic infrastructure. BT has said it will invest £3.7 billion in capital expenditure this fiscal year, up from £3.5 billion in the last one, as it boosts its fixed and mobile infrastructure.

So it looks like we could see a repeat of the 4G launch, with EE (and this time BT backing it) out ahead of the pack. On the other hand, rival networks may not want to let that happen, so don’t be surprised if BT and EE aren’t the only companies with live 5G networks in 2019.

And it’s consumers who should initially benefit from all this spectrum and a speedy 5G launch, as although 5G holds great promise to businesses because it will be able to support innovative new business and operational models, BT has said that in the first instance, it will focus on improving mobile broadband.

[iceman82] 17/5/2018 15:36

price is holding nicely .... i might accidentally catch the bottom by buying at 2.02 on wednesday:)

[berny3] 17/5/2018 15:35

Which I think is bullish.

Very little money in writing Puts at £2 (which is good)

Not sure how many you have written at £2.60 but I would imagine you will be able to buy a beer with the proceeds on Friday.

Not so sure if you have to wait until September.

[alphorn] 17/5/2018 14:23

Berny - thx. So skewed to pretty high strikes and to September.

I would have thought that writing puts at a 200p strike may be attractive?


edit: my open naked calls are at 260p strike actually. Look pretty safe!!!

[kmann] 17/5/2018 14:09

94% of IG client accounts with open positions in this market expect the price to rise

Up from yesterday!!!

[1corrado] 17/5/2018 14:07

the answer is NO.

[smurfy2001] 17/5/2018 13:56

Will it go below 200p that is the question.

[the_boy_plunger] 17/5/2018 13:47

slightly off pivot low....ideally break 2.15 for starts
appears likely lower?!

furthermore, matey with mm read this bb.......they dont need to, just share price reflects pain of investors (ie financial loss)? and the inside mob who drove n sold the top, likely had shorts on to.......

fire the management.....

[pacemaker1000] 17/5/2018 13:38

Brexit will make it a lot cheaper too when the pound crashes even more!

[hamhamham1] 17/5/2018 13:37

I think the new EE 5G network will obviously need very wide bandwidth for the backhaul connectivity from the edge cells back to the core network. This is where BT fits nicely.

When the EE 5G cells are connected via some BT chunky uplinks to BTs large bandwidth core infrastructure and all gets switched via e.g MPLS then this shows the real value in the marriage of EE and BT, which will hopefully prove a dominant winner.

IMO the bandwidth of the BT backhaul network will prove vital as there is no point having a super fast EE edge network but a slow core network.

[essentialinvestor] 17/5/2018 13:36

Berny, could you translate that for the rest of us, thanks.

[berny3] 17/5/2018 13:34

Alph

Price 260/280

260 balanced slightly weighted towards calls Calls Jun 19 Puts Sept 18

280 Dominated calls Jun 2018

[hamhamham1] 17/5/2018 12:57

It's gonna be interesting few years as new technology is rolled out, exciting times.

[montyhedge] 17/5/2018 12:55

Deutsche Telecom holding a big stake, so next January they can bid if they want to. The weak pound to makes it a near certainty they will do something merged or bid.Collect 7% yield while we wait. No brainer at this price.

[kmann] 17/5/2018 12:48

Downgrade, err 8p higher than current. The market knew this yesterday hence the sell off, but should settle between high and low forcasts going foward imo. Theyve done their worst, now do your best !

[gemlotte55] 17/5/2018 12:44

Thanks monty

[minerve] 17/5/2018 12:44

I don't really know enough Essential but for me I would choose VOD.

I don't know why I am hanging around here. Perhaps I am a troll! LOL

[minerve] 17/5/2018 12:42

Trading up then bang downgrade from UBS.


ROFLMAO!

[essentialinvestor] 17/5/2018 12:42

VOD or BT?, Any thoughts.

[nige co] 17/5/2018 12:41

I agree Monty, the patient investor will be handsomely rewarded.

[montyhedge] 17/5/2018 12:32

Numis 325p target, UBS 210pRBC 400p take your picks chaps. To me all seem useless. Getting paid 7% to wait for recovery 2020 then growth resumes.But next January Deutsche Telecom can bid. Just as recovery underway.

[gemlotte55] 17/5/2018 12:30

What's ubs forecast please

[montyhedge] 17/5/2018 12:12

Trading up then bang downgrade from UBS.

[minerve] 17/5/2018 11:48

I respect WEB, but, like with anyone else, I don't take what they say as read.