Bt Share Discussion Threads

[hamhamham1] 24/7/2018 07:41

A couple of discount RNSs out today. Should make Ofcom happy and now they can let BT get on with the job in hand hopefully.
The worm is definitely turning here for investors :)

[hamhamham1] 24/7/2018 06:05

Gigaclear specialise in rural community connections, they got bought out by investment company and now gone private. They will do a bit. But if the gov give any funding then they will demand it is opened up with wholesale access for all. GC won't like that.
But like I say, I think the true answer in the really rural areas is pure 5G. And in rural communities then run fibre to the centre of the community as a hub point and spoke out 5G around it to cover the surrounding area.

[spendalot] 23/7/2018 22:17

can't wait to see Sky,Talk Talk, Vodafone, Virgin & city fibre etc etc build a network in the middle of nowhere, but of course they won't touch it with a barge pole and leave BT / Openreach to get hammered from Ofcom, gov & joe public with ref to BT getting all the funding then complaining they're not going quick enough.
unfortunatley BT will be dictated to and won't be able to refuse!.

[hamhamham1] 23/7/2018 17:56

Buying EE to provide the 5G capability hopefully will prove invaluable. I said before that in some instances that 5G could be a more logical answer than running fibre.
The report today also says that over the longer term it says is expecting to see a more converged telecoms sector — so it’s leaving itself some ‘last mile’ wiggle room on the ‘full fiber’ push, for example by pointing out that: “Fixed fibre networks and 5G are complementary technologies, and 5G will require dense fibre networks. In some places, 5G may provide a more cost-effective way of providing ultra-fast connectivity to homes and businesses.”

[hamhamham1] 23/7/2018 17:43

Ahh. Couldn't see the trade type from my phone looking at the lse site

[montyhedge] 23/7/2018 17:29

Ham
Its a UT trade, you should google it to find out what it means, nothing to get excited about.

[hamhamham1] 23/7/2018 17:23

Maybe Monty increased his stake during the day (on top of the 30m shares buy earlier), this showed up after the bell.

16:35:10
Buy
Price 222.25p
Qty 7,039,976
Value 15.646m

[hamhamham1] 23/7/2018 16:55

On reading more details, the gov say they are going to put £3-5bn of public money in to help finance some of the hard to reach areas...

Full fibre connectivity for all through an ‘outside in’ approach to deployment
Those areas that are likely to be unviable commercially for full fibre deployment will require
additional funding of some kind. We estimate this will include around 10% of premises across the UK. These, often rural, areas must not be forced to wait until the rest of the country has connectivity before they can access full fibre networks. Widespread connectivity creates opportunities for small businesses to tap into a global customer base and for people to work more efficiently. We will pursue an ‘outside in’ strategy, meaning that while network competition serves the commercially feasible areas, the Government will support investment in the most difficult to reach areas at the same time.
The additional funding from whatever source is likely to be region of c.£3 billion to c.£5 billion.
...
135. Our current analysis suggests that the additional funding requirement – i.e. in excess of the
level of investment in commercially viable areas – for the c.10% of premises not likely to attract commercial roll out of FTTP could be in the range of £3 billion to £5 billion. We have already identified around £200 million within the existing Superfast programme that can further the delivery of full fibre networks. The Government will determine the longer-term options for funding rural connectivity as part of the forthcoming Spending Review process.

[montyhedge] 23/7/2018 15:58

IAG I think you mean, it is at the moment until figures 3rd August.

[hamhamham1] 23/7/2018 15:54

Monty. Is AIG in that barrel?
Oops - yes IAG.

[montyhedge] 23/7/2018 15:23

Yes going to be like shooting fish in a barrel.

[hamhamham1] 23/7/2018 14:39

Well we can't all be professionals, like yourself, eh?

[mbmiah] 23/7/2018 14:25

I smell amateur blood here.

[hamhamham1] 23/7/2018 13:46

I think a 'no real bad news' update would be a good start :)

[montyhedge] 23/7/2018 13:44

Friday interesting day. The way shareprice going investors made up they mind it's good news.

[hamhamham1] 23/7/2018 13:29

I wonder at what point the gov will force all the other fibre installers to open their connections up to wholesale market and allow access for all other broadband ISPs? (ie not just over Openreach).
It's got to happen soon I think, that really creates a more open market - which is right up Ofcoms street!

Really they need to force Virgin, Cityfibre and Gigaclear to all open up their networks, I think if the gov award any funding for the rural fibre roll outs, then that will definitely be one of the clauses.



Under the Modified Greenfield approach, we also take account of telecoms providers offering retail services using the upstream access products regulated under the WLA review (e.g. Sky, TalkTalk and Vodafone) and telecoms providers offering retail broadband services entirely over their own networks (e.g. BT and Virgin Media). We consider that the retail services of both types of telecoms provider will be substitutes to retail services provided using WBA products and therefore will act as an indirect constraint at the wholesale level.

[peter2164] 23/7/2018 13:11

News that has been expected no spin required of Openreach httpx://news.sky.com/story/full-fibre-broadband-for-every-uk-home-by-2033-under-government-proposals-11446106

[dmf] 23/7/2018 12:51

Montyhedge....it will not reach 192......there will be positive news Friday !

[hamhamham1] 23/7/2018 12:35

Monty. True. But if it is say 225p to 235p day before ex-divi date.
Then even after ex-divi date and if you took out 10p, that still would be 215p to 225p on the morning of day of ex-divi date.
I just think that an additional 10% to 15% drop on top of that is unlikely?
Time will tell.
But I do like the fact that you are a trader and see BT as a share to earn from on a rising share price in the near future :)
(we just don't agree the entry point)

[montyhedge] 23/7/2018 11:28

ham
After ex div I will may dip a toe at 192p. Of course investors buying for the 10.55p dividend but ex it will fall further than 10.55p swings and roundabouts.

[sicker] 23/7/2018 11:24

An anagram of No.1 trader comes to mind:-)
Starts with an 'r' and ends with a 'd'
note well, no offence implied, just a bit of fun.

[hamhamham1] 23/7/2018 10:57

Maybe Monty has just bought back in today?...

10:19:59
Buy
Price 222.45p
Qty. 30,000,000
Value. £66.735m

[toon1966] 23/7/2018 10:21

So Monty is outing people as 'idiots' for buying for dividend. Well...…..

montyhedge said on 1 Jul '18 - 08:39 - 29823 of 30233 "Once psychology level and pivotal point of 220p, is broken and holds at close, then I really think next trading range 235p -240p. Don't forget ex div couple of weeks time 10.55p getting paid why we wait, lol.""


LOL......

[hamhamham1] 23/7/2018 09:44

Will be interesting to compare BT and IAG price rises and falls over the next few months and years.