Bt Share Discussion Threads

[spacecake] 29/7/2021 07:12

I agree with your view on divi obsessions but the uk shareholder expects them and the uk BoD's around the UK keep paying them to the point of breaking the finances.
I can only assume they don't know how to get off the addiction of paying them nor the uk investor for looking for them.
Dividends need to be sustainable and very well covered to be worth doing at all IMV.
Share buy backs always seem to be activated ahead of debt reduction.

[diku] 29/7/2021 07:09

It was overly pumped up in that stake build up news...market got all excited...then came the dump...

[netcurtains] 29/7/2021 07:08

Huge fall.
Ouch.
Gutted.

[zigzagindex] 29/7/2021 07:07

buy, buy! bought back everything and even more. haha

[teamwork1] 29/7/2021 07:03

I did say few weeks ago , it would drop, it always does on results day

[eaaxs06] 29/7/2021 06:59

Why is everyone so obsessed with the dividend, they’ve already stated that dividends are expected to resume at 7.7p for 2021/22, with an expected one third/two thirds split between half and full year. Why would anything have to change on that score?

I’m surprised posters here are being so vocal in calling for dividends to be restored, given the favourable tax conditions for capital expenditure in the next couple of years, surely this has to be a more efficient use of cash at present to greatly improve company finances in the coming years.

Yes, I know that people used to invest in BT for income, but that’s never a good idea when there’s no share price growth (in excess of the divi) so it merely erodes your capital. For those who rely on the income, what’s wrong with selling a few shares, it’s quite simple to do and makes no difference if you hold 1,000 shares @ £1.80, or 900 @ £2.00.

Let’s hope the market likes the figures, but that revenue miss might be troublesome

Good luck everyone, Sid.

[dipso] 29/7/2021 06:46

Nothing on dividend policy?

That means the policy stays the same.
7.7p/share starting this year

[fhmktg] 29/7/2021 06:29

Nothing on dividend policy?

[ayl30] 29/7/2021 06:20

So?. (Even allowing for your poor English )

[teamwork1] 29/7/2021 06:11

Revenue were down

[smurfy2001] 28/7/2021 20:21

Let's hope of news of a dividend they need one.

[nige co] 28/7/2021 20:17

ITV confirms talks to partner BT Sport, but not a takeover

[adrian j boris] 28/7/2021 13:25

Market Report
Market Preview
Proactive

12:48 Wed 28 Jul 2021
BT Group, Lloyds, and Shell in spotlight for Thursday

BT Group, Lloyds and Shell are among the notable names in the diary for Thursday.
BT Group PLC - BT Group, Lloyds, and Royal Dutch Shell Plc in spotlight for Thursday

BT Group PLC (LSE:BT.A) (LON:BT.A) is due to deliver a trading update on Thursday as investors keep a wary eye on the telecom giant’s operating trends amid the pressures of the pandemic, competition and regulatory changes.

For the first quarter, analysts at UBS are expecting some improvement for the firm as the effects of the pandemic reduce, although they added that revenues are likely to remain under pressure.

Despite this, analysts said they expected earnings to be helped by cost savings and accounting effects, predicting earnings (EBITDA) of £1.8bn for the quarter and revenues of £5.15bn.
Investors eyes peeled for Lloyds dividend

Retail investors’ favourite Lloyds Banking Group Plc (LSE:LLOY) PLC is expected to post a second-quarter adjusted profit before tax of £1.45bn and a CET1 of 16.6%.

In the past, the company has been a favourite of income investors and shareholders would probably like at least a nod and a wink as to how high the dividend is likely to be and how soon Lloyds can return to the ranks of the FTSE 100’s top dividend payers, but it has been suggested that with Charlie Nunn not having been in the chief executive’s role for long he will be reluctant to change too much too soon.
Shell to be confirmed most profitable major

At Royal Dutch Shell Plc (LSE:RDSA) there's plenty of talking and planning around ‘transition217; and carbon reduction.

At the same time, it is arguably positioned best to capitalise on recently strong oil prices.

Indeed, in a preview note, UBS called it the “most profitable of the majors”.

UBS - which rates Shell as a ‘buy’ with a 1,860p - expects the oiler to report US$5.5bn of net income which would mark a 28% improvement quarter-on-quarter.

“We expect Shell to retain its position as the most profitable of the majors,” the Swiss bank said in the note. “Whether it is also the most cash generative is likely to be dependent on the level of working capital build this quarter but we fully expect underlying CFFO generation to be the best as well.”
Thursday July 29

[eaaxs06] 28/7/2021 11:10

This is still the way I think Drahi built his stake, by beg/borrow/steal on options, promises and loaning-in stock. What I can’t work out why it hasn’t ever been officially announced on an rns of what his actual holding is.

I’m sure there will be a few more announcements of holdings in the coming days, which might throw more light on the Drahi/Morgan Stanley position. This is all starting to get a bit like the GlaxoSmithKline situation, where Elliott Management claims a substantial stake, but no official notification has been published.

Whatever happens, it makes for exciting days ahead and maybe we’ll find out more tomorrow.

Good luck everyone, Sid.

[eaaxs06] 28/7/2021 11:00

I’m utterly confused by it all, astorcourt, from the last couple of rns announcements yesterday and today.

On the face of it, Morgan Stanley managed to build a 5%+ stake of nearly 500m shares by 22/7, then got rid of all of them the very next day? They certainly didn’t buy/sell them in the market, so where did they get them from and where have they gone?

My best guess is they were all held in call options on BT stock, where the 3% threshold was breached on 22/7 and either transferred to another party, or closed on 23/7.

Good luck everyone, Sid.

[astorcourt] 28/7/2021 10:54

has morgan stanley purchased 1% of the company?

[netcurtains] 26/7/2021 13:59

BT and GSK both struggling awaiting news (I guess this week).
No one wants to be holding the baby when the music stops.

[hades1] 24/7/2021 12:57

No impact just late declared trades.

Incidentally most of FTSE stocks including BT were marked down in the closing auction.
Likely no one wanted to be caught out after last Monday’s sell off and so sold into the weekend - Likely buy back if Monday doesn’t crash again!
Fingers crossed.

[chrishodgey] 23/7/2021 18:31

I've noticed there were a couple off big sell offs after hours, do these normally effect the price when the market next opens?

[nige co] 23/7/2021 15:59

Good recovery after Monday's wobble on the market when BT closed down 8.60p. BT were robbed in the auction today taking 1.10p off us to close up 2.65p. Over the week BT were down 2p. BT have dropped for the past 4 consecutive weeks. We are due an up week. Looking forward to next Thursdays Q1 results. Fingers crossed for an up week in the share price, a recovery back above 200p would be nice.

[nige co] 23/7/2021 14:37

Lol, yes Sid, little things please little minds.