Bt Share Discussion Threads

[milliethedog] 07/5/2020 11:23

Thanks....
Really got to pay for Level 2 & see the bigger picture sometime....

Some resistance @103?
DOW futures now 300+ so hopefully FTSE will give support into PM

Watch n wait.....

[colonelgrim] 07/5/2020 11:20

Don't like doing it but I will have to go with 'BUY ON BAD NEWS' and this is bad news indeed!

[eaaxs06] 07/5/2020 11:17

23m/57m approx.

That's from advfn trades, so a fair bit of guesswork involved.

[milliethedog] 07/5/2020 11:13

Would one of those with Level 2 kindly tell me the ratio of buys to sells plaese?
Many thanks
M

[colonelgrim] 07/5/2020 11:11

What you recon here Monty, hit the bottom yet have we?

[porsche1945] 07/5/2020 11:05

Ftse 350 is uninvestable, as is U.K. in general, hardest hit out of all indexes, was reeling anyway thanks to the brexit fiasco and now doing a worse job with covid than anywhere else on the planet, the only reason to invest in the U.K. was dividends and they have gone, zero growth basket case with terminal problems, taking a loss and dumping this sxxt.

[loganair] 07/5/2020 11:04

The biggest problem I see with the Privatised companies such as BT, British Airways, British Steel, Royal Mail etc is their massive pension liabilities due to these companies being way too over staffed and thereby inefficient when they were in 'Public' ownership and their need to reduce staffing levels by often as much as 50%.

Currently BT is carrying way too much debt and needs massive amounts of capital expenditure each year to keep up with the new technologies.

As soon as BT have got their 5G fully up and running, 6G will come a long that will require another £10bln or so of spending to get up and running and so on and so on, seems to be never ending.

[poikka] 07/5/2020 10:53

As a rider to loganair's copy and paste, above, £6bn or so of the net debt is due to IFRS 16, which, as everyone knows, includes leases.

[poikka] 07/5/2020 10:48

On top of:

"Cancelling divi saves £1.5bn this year, and £750m next year - £2.25bn.

65% of debt is due 5 years + out."

There's £5bn+ net cost savings estimated by 2025, with £2bn/an thereafter.

BBC Sport suffering this year, but up and running by next year.

My target remains at 150p within a year.

[montyhedge] 07/5/2020 10:34

EBITDA 8 billion, free cash flow 2 billion, companies would die for that. But no dividend for shareholders, unbelievable.

[holly1000] 07/5/2020 10:31

Sold yesterday at 115 bought back today 9.5% lower! so have my dividends this year and now waiting for recovery over next year, BT is a good mid term investment going forward.

[hhhold2] 07/5/2020 10:17

Might be worth a look when this drops below 70p,

this hot potato has got a ways to fall yet.

[salpara111] 07/5/2020 10:14

The problem with cancelling the div this year and next is that BT used to be a cornerstone investment holding for Income funds but they will now have to dump.
Like most I was expecting a 50-60% divi cut, difficult investment case now.

[washbear] 07/5/2020 10:14

I say..Warren Buffet advises. .HMG to make a Takeover bid cica 85 p...but the Pension deficietNot to be part of deal.Shrewd cat.

[pt725] 07/5/2020 10:07

Based on o2 valuation in merger, EE is worth 12 billion. Therefore rest of BT is in valuation for free.Property must be worth 5 billion on its own

[newkid] 07/5/2020 10:06

OFCOM are responsible for much of BT's problems IMO. Had BT in handcuffs since privatisation.

[poikka] 07/5/2020 09:19

Cancelling divi saves £1.5bn this year, and £750m next year - £2.25bn.

65% of debt is due 5 years + out.

[guss] 07/5/2020 09:15

DIPSO, yes but they were competing with each other not sharing assets and cutting costs as they will now.

[dipso] 07/5/2020 09:08

GUSS
The competitors were already here, just individually

[buywell3] 07/5/2020 09:06

net debt is net debt

no matter how you cut it BT.A have 18 Billion of it

Lucky if this stays at 99p IMO today

USA drops now 10% plus as many are saying and this could slide to 80p

buywell thinks there will be a bigger slide in the USA as another wave hits due to releasing lockdowns too quick

Possible riots could follow in some states if second lockdowns get applied

boris needs to pay attention cos it could happen here to in London for one.

USA drop of 30% coming up IMO when the merde frappe le fan

50p for this in such a scenario is buywells call

IMO dyor

[milliethedog] 07/5/2020 09:06

Is anyone else looking to top up around the £1 mark?

[guss] 07/5/2020 09:01

I think it will drift down from here as more consider their options and find a better place for their money over the next 5 years. If divis start in 2 years, could be from a lower level. A big competitor just arrived as well plus must be really in line for a take over, if allowed. Up or down who knows.

[dipso] 07/5/2020 08:56

Expect it might end the day blue

[dipso] 07/5/2020 08:54

As I said an hour ago
Bad news already built in SP