Bt Share Discussion Threads

[hamhamham1] 18/5/2018 16:08

Well I bought in recently and am very happy.
Will be interesting to look at the share price in 18 months time.

[orinocor] 18/5/2018 15:56

“And it comes at a staggering cash cost of £1.27bn for fiscal years 2018/19- 20/21 versus our previous estimates of £420mln.”;

Why are BT paying a dividend at all given their debt mountain and an expected massive capital expenditure in the coming years. Madness.

[hamhamham1] 18/5/2018 15:55

A few slides on the proposed method of event management on the new 5G network, enjoy...

[orinocor] 18/5/2018 15:53

[...]

BT will have 'inadequate dividend cash cover'
Bernstein also expects BT will have “inadequate dividend cash cover” between fiscal years 2020/21 and 2021/22 as it invests in the roll-out of fibre broadband and 5G networks.

The broker said the “accelerated path” to 5G will yield “mid-teens capital expenditure intensity for the foreseeable future”, versus its previous estimates of 11.5-12%.

“We are expecting these levels a full three years later, i.e starting 2021/22,” it said.

Bernstein also sees an “incremental cash drag” from BT’s restructuring plans.

BT has been trying to bring down costs amid concerns about its big spending on sports rights, customer service improvements, pension schemes and dividends.

“The attempt to reset the cost base by £1.5bn per annum by fiscal year 20/21 is belated,” Bernstein said.

“We expect cost inflation, margin compression and other step-ups to leave adjusted EBTIDA broadly flat after three years.

“And it comes at a staggering cash cost of £1.27bn for fiscal years 2018/19- 20/21 versus our previous estimates of £420mln.”;

[cock_ring] 18/5/2018 15:32

Last chance to buy at these prices, next week it will take off.

[toon1966] 18/5/2018 15:26

What odds do you think the bookies would give on Monty's "I bet this finishes up today" prediction? He did something similar last Friday predicting the share price would rise on the opening of the US markets, the cavalry failed to materialise. A bookies dream!

[kmann] 18/5/2018 14:59

In my experience, the more longterm/hidden value something has, the more it gets manipulated down. Problem is with the manipulators, is they can only drop the price so far until it become obvious. Are we there yet?

[hamhamham1] 18/5/2018 14:31

Yep I get what you are saying, mine was a general dig at society rather than individuals here, am not sure that's sounds any better though :)

[toon1966] 18/5/2018 14:26

...or maybe 'some' people....we're not all the same thanks.

[hamhamham1] 18/5/2018 14:21

Toon. I guess I meant to say the word "expect" rather than "want".
We all want it.
My bad, taxi for ham.

[toon1966] 18/5/2018 14:17

"People today want instant gratification...." just out of interest which 'people' are you referring to. I trust it's not yourself?!

[montyhedge] 18/5/2018 13:12

I bet this finishes up today. Seems to have steadied, bears have exhausted themselves it seems. Bulls turn coming shortly.

[montyhedge] 18/5/2018 13:01

You do a lot of ROFLMAO you must have a bad back.

[hamhamham1] 18/5/2018 12:55

People today want instant gratification.
This seems to apply in share dealing as well, people hop from one share to another and want rewards within days, weeks or months.
It's just not that simple. Timing like that is hard to get right and shares usually drop quickly and climb slowly.
Unless you are day trading then surely you are looking to buy a share at a price you are happy with and then hold onto it for the medium term and wait for a good profit, whilst pocketing (or ideally reinvesting) any dividends along the way?

[smurfy2001] 18/5/2018 12:53

When there's fear you buy not sell.

[orinocor] 18/5/2018 12:46

No sign of any kind of bounce. Even after such a massive sell off the shares are only treading water. If shorts do not close before end of play then it bodes ill for next week.

STRONG SELL.

[pvb] 18/5/2018 12:44

epo001 17 May '18 - 19:45 - 28598 of 28629

codhead, The letter is a bit opaque, no doubt written by a lawyer. My understanding is that my pension (I am one of those affected) is unchanged, the argument being whether HMG or BT pay the GMP rise element, I don't know why just BT, I can only assume they are suggesting that some of these pensioners (not me!) were at one time state employees and so BT inherited this liability after the fact of privatization. The lawyers have been asked for the court documents, I'm scared of a van full of boxes turning up.

Not sure if this helps but:

With the 'old' State Pension - 'Basic share price + Additional Pension' - if you were contracted out of SERPS and it's successor components of the Additional SP, by being in a contracted out Defined Benefit Pension scheme (the BTPS being one such), it originally was always the case that the share price accounted for some of the index related increases. The exact components of your DB pension scheme indexed via the share price and which via the company contracted out DB pension and at what rate depend on the state of legislation at the time of your earning your pension entitlement ('Pre 88 GMP' 'Post 88 GMP, 'Pre 97 Excess', 'Post 97 Excess' etc. etc.)

I won't pretend it's very simple or can be easily understood off the page without background information...

Also, I really do not know the details of your letter.

[essentialinvestor] 18/5/2018 12:43

BOD not exactly falling over themselves to buy at this level?,
would have expected to see a few chunky non exec buys
given the 7% yield on offer.

I mean, we all know that dividend is sustainable ).

[investorgirl] 18/5/2018 12:42

I'm not daft, my fella is the chef ;)

[minerve] 18/5/2018 12:37

"This women's lib will never happen! Not whilst I'm in the kitchen!"

ROFLMAO!

[pete123456] 18/5/2018 12:29

The new advert and the current share price have one thing in common. Madness

[tradejunkie2] 18/5/2018 12:12

Get back in the kitchen love.

[investorgirl] 18/5/2018 12:09

Looking at these in much the same way as the poster schofip. I don't like the chart though as it indicates more downside. I want to invest in this for the yield but not ready yet.