Bt Share Discussion Threads

[george stobart] 11/11/2021 13:51

detoxify your portfolio by selling BT

[diku] 11/11/2021 11:28

It is trading like an AIM share...

[dope007] 11/11/2021 11:15

BT is massively undervalued. Happy to tuck away in an ISA for the long term as BT has finally imho turned the corner

[1224saj] 11/11/2021 11:05

Chairman of Talk Talk just stated in a conference speech " BT undervalued, public markets don't get it "

[diku] 10/11/2021 18:29

There you have it...




diku10 Nov '21 - 08:39 - 42569 of 42573 Edit
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It is back to where it was before the new stakeholder and Director purchase news came out just few months ago...would like to see that 165p get taken out...

[george stobart] 10/11/2021 16:08

avoid this dividend scam. don't allows this toxic dividend to pollute your portfolio

[arees1969] 10/11/2021 10:58

More positive news in media

[diku] 10/11/2021 08:39

It is back to where it was before the new stakeholder and Director purchase news came out just few months ago...would like to see that 165p get taken out...

[diku] 10/11/2021 08:21

Exactly...they have their own agendas...and PI's get caught up in the sensationalist journo write ups...

[reviewwworld] 10/11/2021 08:04

I feel uncomfortable with all these upgrades as these were the people pushing the sell below 140p

[rathkum] 10/11/2021 07:54

From Citywire

Berenberg upgrades BT

Berenberg has upgraded BT (BT.A) as the broker believes there are positive catalysts at one of the FTSE 100’s worst-performing stocks.

Analyst Carl Murdock-Smith upgraded his recommendation from ‘hold’ to ‘buy’ and increased the target price from 175p to 200p on the stock, which closed up 2.7% at 163p on Tuesday.

‘Even after last week’s strength, BT remains the fourth worst-performing stock in the FTSE 100 in the second half of the year,’ he said.

‘However, since we downgraded BT in May, we believe there have been four positive developments in the investment case.’

The analyst said that, since May, billionaire businessman Patrick Drahi has become a 12.1% shareholder, and although his ‘motivations remain unclear, this creates the possibility of newsflow that could cause the share price to increase’. The BT pension deficit has also been reduced, capex is now expected to peak at £4.8bn, less than expected, and chief executive Philip Jansen has strengthened his tone with regards to guidance for 2022/23.

‘We believe a stock that in 2022/23 will grow revenue, Ebitda, adjusted earnings per share and normalised free cashflow should not be trading on 9x price/earnings,̵7; said Murdock-Smith.

[nige co] 09/11/2021 16:13

Agreed, BT will become a cash cow paying out very good dividends for years to come once FTTP is built. Drahi can also see value, even if he doesn't make a bid, his BT investment will more than likely double this decade.

[craftyspeculator] 09/11/2021 15:45

this is a nailed on hold. Will regain 200p just on the fundamentals alone, with the prospect of a two way bid war breaking out for excitement...and even if the bidders don't cause a spike to £2.50, the company will become a huge fat dividend payer in the second half of this decade with its 20% FCF yield

[diku] 09/11/2021 15:43

The upgrade is working today...

[g2theary] 09/11/2021 12:43

I think a revisit to 220p before the new year is on the cards here :) from the consolidation in the 90p-110p mark there's a clear upward trend with higher highs and lower lows. Great buy in the 140's :) I'll hold till towards the divi and scale back at 200p+ GLA

[rathkum] 09/11/2021 10:56

As we approach 10th December deadline for Drahi, we could run to 180p-190p hopefully.

[rathkum] 09/11/2021 10:50

Following JP Morgan upgrade
Berenberg upgrades BT to 'buy', shares rally

Berenberg upgraded BT to ‘buy’ from ‘hold’ on Tuesday, lifting the price target to 200p from 175p as it highlighted four positive developments in the investment case.

The bank noted that even after last week’s strength, BT remains the fourth worst-performing stock in the FTSE 100 in calendar H2.

However, since Berenberg downgraded it in May, there have been four positive developments in the investment case, relating to Patrick Drahi, the pension, capex and the strength of management’s tone on guidance.

Berenberg pointed out that since its downgrade of the stock to ‘hold’ in May, French billionaire and Altice owner Drahi became a 12.1% shareholder. In addition, the BT Pension Scheme published its annual report on 7 October, suggesting that the deficit had reduced to £4.6bn at June 2021.

BT said at its Q2 results last week that capex will now peak at around £4.8bn a year, which is less than the £5bn signalled in May. And finally, Berenberg said chief executive Philip Jansen’s tone strengthened at the second-quarter results with regards to 2022/23 guidance.

"Looking ahead, we believe a stock that in 2022/23 will grow revenue, EBITDA, adjusted EPS and normalised free cash (by 1%, 4%, 9% and 22% respectively) should not be trading on 9x price-to-earnings (calculated on the more punitive reported EPS basis)," Berenberg said, hence the upgrade.

At 1025 GMT, the shares were up 3.4% at 163.77p

[hasin] 09/11/2021 08:39

Type...... Ex-div date.... Payment date ......Amount
Interim * .30/12/2021..... 07/02/2022........ 2.31p

[smurfy2001] 08/11/2021 15:31

Thanks Nimbo.

[diku] 08/11/2021 08:26

Notice when the good articles resurface the share price struggles...

[nimbo1] 08/11/2021 06:39

Someone who writes good analysis

[smurfy2001] 08/11/2021 00:00

Who’s Phil?