Bt Share Discussion Threads

[montyhedge] 06/5/2020 12:38

Yes totally agree, a lot of companies I feel using Coronavirus not to pay a dividend.

[eaaxs06] 06/5/2020 12:30

BT have a bit of a nasty habit of ‘all or nothing’ over the dividend.

Very often they seem to struggle on, and on, until there really isn’t any possible alternative; either a massive cut, or stopping payments completely, when their profits have been decimated and taken a severe battering.

I’d argue a good case for saying we haven’t yet hit that point, and it’s more a guess from the Board as to how much earnings have been (and will be) hit by the pandemic we’re all going through at present.

I’m just hoping they make their own mind up, based on BT Plc’s prospects, rather than follow the herd mentality of feeling obliged to do what others have done. For once it would be nice to see BT become a leader, not a follower.

[montyhedge] 06/5/2020 11:50

6.4 fav 50% cut my bet, might have a tenner at 33.1 unchanged, lol.

[colsmith] 06/5/2020 10:26

Not sure why BT so far down, this comment on Fibre Optic cables makes the point that BT et al are the 'Railroads of the future! Of course making the stuff no good unless someone (BT etc) stuff it in the ground. Does that mean the whole infrastructure of getting stuff like ZOOM and remote working is the engine of it all?
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EXTRACT
Now, as the coronavirus pandemic causes more people to work remotely and cloud-based applications such as Zoom Video Communications Inc. become a crucial part of the economy, demand for fiber-optic cables is increasing.

"These are literally the railroads of the future," said Marc Ganzi, chief executive officer-elect of investment firm Colony Capital Inc.

[nicholasblake] 06/5/2020 09:47

So what would the stated reason be for the cut? If not growth the price will be under pressure.

[guss] 06/5/2020 09:35

I was expecting a big rally as the insiders told all their friends and family what to buy. Of course, all the big boys can buy on delayed trades to make it look like they acted after the results were public.

[diku] 06/5/2020 09:17

monty...for me No dividend 3.1...not that I like it...but the stock could rally if the financial impact across the Group is not severely impacted so far...all will be in the statement wording...




If I was a bookie these are the odds I would offer on dividend tomorrow.

50% cut 6.4 fav
75% cut 2.1
35% cut 3.1
No dividend 3.1
Dividend unchanged 33.1

Place yer bets boys, lol.

[diku] 06/5/2020 08:40

If I was a Moodys...monty your no;1 position is under review...all will be clear tomorrow...

[sicker] 06/5/2020 08:25

If I were a punter I'd take that 33/1 every day of the week ;-)

[montyhedge] 06/5/2020 07:57

If I was a bookie these are the odds I would offer on dividend tomorrow.50% cut 6.4 fav75% cut 2.135% cut 3.1No dividend 3.1Dividend unchanged 33.1Place yer bets boys, lol.

[ianood] 05/5/2020 20:02

Nige Co - spot on, the workout terms will be adhered to by both sides.

[nige co] 05/5/2020 16:58

Provisions are already in place and agreed to tackle the pension deficit.
(My post above)

[wskill] 05/5/2020 16:45

Seems good to me 60% in bonds cannot see BT being affected much by the virus but the price action is saying something else.

still waiting to invest the other 50% of my cash to bring my holding to the required size in the case there is something bad which has not been flagged up in the results will see how the result is on Thursday.

[nige co] 05/5/2020 14:13

Courtesy of NDNIC00, over on LSE board. BT next update on the pension deficit won't be reported in this weeks results, it will be reported in June 2020. The BT pension holds the following.....
Government bonds 29%
Equities 22%
Investment grade credit 27%
Other growth assets 13%
Property 9%
Also BT is committed to paying in 2019 £2b and year 2020 £1.2b then £900m a year until 2030 therefore since the last report and the next the reduction should be in the region of £2-3b Bringing it to something like £6b maybe better.

[montyhedge] 05/5/2020 12:54

I bet BT pension fund own BT shares, if so BT won't shoot themselves in the foot by passing a dividend.

[ekuuleus] 05/5/2020 12:46

bt the company may be excellent.

bt the pension scheme. Where are we with that, given the other companies cancelling dividends?

[montyhedge] 05/5/2020 12:40

155p coming weeks if they only cut 35%. Great yield solid income stock if they do.Don't forget BT free cash flow is superb.Thursday all will be revealed.

[diku] 05/5/2020 10:52

Fair to say 100% they will not pay the 10.78p same as last year?...lower lower for a Brucie bonus....

[montyhedge] 05/5/2020 08:15

Yes I thought 50% cut, that would still be a good yield, 35% cut which is the rumour, even better, works out 7p final.But it's all guess work boys.

[1224saj] 04/5/2020 21:47

0.07p final, I can live with that. 0.1168p total :-)

[bargainbob] 04/5/2020 17:22

Or Monty number 1 trader.