Bt Share Discussion Threads

[eaaxs06] 16/8/2021 19:48

Not the best start to the week for BT, off just over 1% but only slightly worse than the FTSE, so no great disaster.

For what it’s worth, I fully expect today’s loss to be quickly reclaimed, possibly tomorrow and we’ll be nudging 180 within a day or two, even lining up the first opening gap of 183.95p from 28/7 before the end of the month.

Nothing to worry about here, just an off day on light summer volumes, so keep the faith.

Good luck everyone, Sid.

[smurfy2001] 16/8/2021 17:58

Sky News has learnt that Federated Hermes, the Pittsburgh-based group which bought 60% of Hermes in 2018, has agreed to pay the BT Pensions Scheme about £115m for a further 29.5% shareholding.

[netcurtains] 16/8/2021 10:28

Hopefully next step is to break 1.80p

[rathkum] 14/8/2021 09:05

BT share price pullback overdone, says Jefferies

The broker’s 12-month target price forecast is 260p. BT shares currently trade at 177p, up 0.1%.

The threat to BT Group PLC (LSE:BT.A)’s Openreach business from Virgin Media (NASDAQ:VMED) O2 has been overestimated, according to Jefferies, which has reiterated its BT ‘buy’ recommendation.

BT shares received a fillip in June when Altice, the telecoms group founded by French billionaire Patrick Drahi, has taken a 12.1% stake in the UK telecoms giant, since when the shares have declined by around 15%, which broker Jefferies puts down to concerns over Virgin Media O2’s (VMO2) announcement that it will upgrade 14.3mln homes to “fibre to the premises" (FTTP) by 2028.

This is seen as a wholesale threat and opportunity for VMO2 to attract co-investment from Sky but Jefferies thinks Sky would have more to gain (and less to lose) by getting into bed with BT’s Openreach instead.
READ BT under more pressure as Virgin Media O2 unveils fast-fibre plan

“With two large BB [broadband] operators committed, could a VMO2/Sky network attract an infra investor at a valuation that would unlock a lot of cash? We would not rule out LBTY/TEF [Liberty Global and Telefonica] prioritising such a scenario over the long-run prospects of a retail business that would be severely undermined by diversifying into w/sale but we see no logical incentive for Comcast (NASDAQ:CMCSA)/Sky to commit itself as a VMO2 anchor tenant,” the broker said.

“For Comcast, the security of Sky's increasingly streaming-focused retail activity is paramount and wholesale experiments create risk. Moreover, Openreach's FTTP overbuild of legacy cable – where Sky has just ~18% BB market share – creates a lower-risk retail opportunity,” it argued.

BT’s own commitment to ramp up FTTP, announced last May, presents the possibility of a squeeze on free cash flow (FCF), which might endanger the dividend.

“Our updated analysis shows BT should exit FY22/23 with £3.8bn tax losses to c/fwd, generating relief vs taxable profit for six years, protecting FCF through the whole FTTP build period,” Jefferies said.

It is forecasting a dividend of 7.7p for the current fiscal year (FY), to be held through to fiscal 2024.

The broker’s 12-month target price forecast is 260p.

[eaaxs06] 13/8/2021 15:38

A cracking auction at the close helped to make the day look a little better.

Can't really complain, as it's been a good steady week for BT.

Good luck everyone, have a great weekend and see you all on Monday, Sid.

[eaaxs06] 12/8/2021 07:28

A good start to the day for BT, hitting the highest level for a fortnight since that hit on results day, which hopefully bodes well for the end of the week. Let’s see if we can hold on to this gain (or even improve) on today’s good opening, which has been a continuation of steady increase for the last few sessions.

It would be nice to make inroads into close out that opening gap of 183.95p from Q1 result, and there another couple just above that, at 186.75p and 189.65p which could come into play within the next 5 weeks or so.

Good luck everyone, Sid.

[mercedes] 11/8/2021 15:41

Arees
Thanks for that................it all helps

[arees1969] 11/8/2021 14:42

Looking good..

[pdosullivan] 09/8/2021 08:50

Just giving my BT blog a final bump here - sets out the reasons why I think the stock could get a re-rating from the current level: https://tbifund.wordpress.com/2021/08/08/bt-bt-a-ln-a-value-stock-transitioning-into-a-growth-stock/

[diku] 08/8/2021 17:13

These guys are multi taskers...




bartram7 Aug '21 - 15:50 - 41504 of 41506
0 2 0
Isn't he also expected to stay on at Whitbread and Kantar - hope he's got time left to eat & sleep as well.

[pdosullivan] 08/8/2021 17:05

I have written a blog on BT, setting out the six reasons why I think the shares could re-rate from the current depressed level. Feedback welcome. https://tbifund.wordpress.com/2021/08/08/bt-bt-a-ln-a-value-stock-transitioning-into-a-growth-stock/

[porsche1945] 08/8/2021 13:55

Crozier a great hire for a dogsxxt company. May help save them altho i think it may be more about convincing the city not to back a full takeover.....for now anyway. Trouble is management has been so abysmal for so long (across whole of hopeless ftse 100) thats its just invited in the takeovers, thats not going to change and weak share prices are juiced by a pathetically poor sterling. Cheap to buy.

[bartram] 07/8/2021 14:50

Isn't he also expected to stay on at Whitbread and Kantar - hope he's got time left to eat & sleep as well.

[eaaxs06] 07/8/2021 09:50

He'll fit in very well, with plenty of experience at CEO and chairman of other FTSE companies. He's a bit of a shrinking violet who won't be seen much, very similar to Simon Louth our CFO, which will leave Phillip Jansen as the face and mouthpiece of BT.I've no problem with that, it's the right way to go and as soon as the summer lull is over I'd expect to see good progress in the share price. Good luck everyone, Sid.

[hades1] 07/8/2021 09:28

Adam Crozier new BT Chairman - report just out in The Times.Great appointment.

[diku] 05/8/2021 21:38

Every few weeks/months the Openreach story does the rounds...it is well due now...are journos on holidays?...

[netcurtains] 04/8/2021 11:34

Lets get this baby BLUE!!!!

Positivity people!

This is 5G'ing the entire UK. This is like the Great Western of the Victorian era.
We are the INTERNET.

Thats right, if you think the INTERNET is going places invest in BT we are the next Microsoft, even Microsoft think so (see latest press releases)

[smartie6] 03/8/2021 12:59

Had to buy in on the fall last week. For me definitely the next TO target. France or private equity for me.

[nige co] 03/8/2021 12:42

BT cannot get above 178p, yesterday and today we reached a day high of 177.95 before falling back.

[hades1] 03/8/2021 11:08

But as yesterday the rise drained away.

[netcurtains] 03/8/2021 07:55

BT opened nicely

[shanieboy01] 02/8/2021 12:17

I agree. Only a matter of time. Not sure it will be as high as 4 though

[netcurtains] 02/8/2021 09:14

Be nice to get back to the 180s

[netcurtains] 01/8/2021 10:50

I've got BT in this months stockchallenge so hope it has an up August (but not before 9am Monday).

[nige co] 01/8/2021 10:45

I'm not greedy, I will take 400p. Lol