Bt Share Discussion Threads

[younasm] 03/2/2022 16:41

184-186p was a good guess at closing price

[pierre oreilly] 03/2/2022 16:29

Damn, I thought this would go up forever.

[1liam] 03/2/2022 16:25

Discovery UP in USA on BT JV.

[colinf63] 03/2/2022 16:11

i think the fact that they still don't have a deal for BT sport signed and sealed after a year of announcements that they are close points too the ikelihood they have terrible contracts in place for rights, and the staff and production and that it is an awful bag of proverbial, and nobody will take it off their hands, reality bites, and this was always Gavin Pattterson's vanity/ego project so he could feel good hanging out with footballers, and all shareholders, pensioners and employees are paying the price for it. BT cant even give it away despite a year of trying.

[boix] 03/2/2022 15:26

Happy with VOD recovery but BT failing!
Looks like it's now VODs turn to lead the pack.
Maybe BT will come back tomorrow?
Let's hope so.
Best to all

[vas007] 03/2/2022 12:32

Just seen the BT share price drop 10p ,do you think we share holders can get rid of highly payed top level managers who don't perform?

[frontdoor bull] 03/2/2022 11:54

Bt is too expensive a product.

[s2lowner1] 03/2/2022 11:36

Just received a call from an overseas call centre claiming to be from BT openreach saying my internet is going down in the next 24 hours 01179116873. I assumed it was a scam as BT would never be that customer focused to forewarn of taking down the service. You would think BT would be able to shut these people down

[tornado12] 03/2/2022 11:36

Seems to me the YoY same with drip down in revenues and profits. The game here is for potential long term benefits (2023-24) or a takeover to accelerate the true value. I am holding for one of these 2 outcomes, hoping the latter can accelerate the transformation. I stay in the game for now , but is not a short term stella performer

[holly1000] 03/2/2022 11:35

Bargain prices today I have increased my holding by 3.6% and think this will soon be over £2 happy to hold for another year.Investors moving back in to value stocks with dividends rotating out of high-growth as inflation creeps up.

[chapchip] 03/2/2022 11:26

hmmm..that was a sharp tick down and bounce back

[the grumpy old men] 03/2/2022 10:52

Outlook

As a result of the ongoing impact of Covid-19 and supply chain issues, we now expect Group adjusted(1) revenue for FY22 to decline by around 2% compared with the prior year. All other outlook metrics remain unchanged.


FY22 outlook FY23 outlook
================= ============
Change in adjusted(1) revenue Down c.2% Growth
Adjusted(1) EBITDA GBP7.5bn-GBP7.7bn > GBP7.9bn
Capital expenditure(1,2) c.GBP4.9bn <= GBP4.8bn
Normalised free cash flow(1) GBP1.1bn-GBP1.3bn -
============================= ================= ============


We remain confident in the delivery of long-term normalised free cash flow growth; by the end of the decade we expect an expansion of at least GBP1.5bn in normalised free cash flow compared to FY22, solely from lower capex and operating costs as we move towards an all-fibre, all-IP network, before any benefits of increased revenue and further transformation efficiencies, net of tax.

[diku] 03/2/2022 10:42

Is it just me or BT has a habit of always falling on trading updates or results...

[the grumpy old men] 03/2/2022 09:27

cheers

was only showing Arees he needed to use capital H for link

[scemer] 03/2/2022 09:25

Grumpy bit too late he's announced discovery won

[netcurtains] 03/2/2022 09:18

I sold, I did not want to take risk of losing by good profit.
I have no idea if going up or down.
So the safest thing to do is walk away for a while.

[boix] 03/2/2022 09:18

Agreed although I suspect BT and Open Reach are reliant on imported chip based techology for their full fibre roll out?

Having fallen through 190p with gap down to 188.8p at open it's struggling to get above?
Fingers crossed

[fhmktg] 03/2/2022 09:12

Could still be sold if a link with Discovery is of interest to DAZN?

[diku] 03/2/2022 09:11

The supply chain issue is being taken for granted at every opportunity as an easy sell...

[the grumpy old men] 03/2/2022 09:08

Arees1969
1 Feb '22 - 20:54 - 348 of 349
0 1 0
Update on BT sport sale

[the grumpy old men] 03/2/2022 09:07

Telecoms
Proactive

08:23 Thu 03 Feb 2022

BT downgrades full-year revenue guidance as pandemic and supply chain issues continue to bite

The group expects adjusted revenue for the year to end-March 2022 to be 2% lower than in the prior year
BT Group PLC -

BT Group PLC (LSE:BT.A) announced a downgrade to its guidance for full-year revenue as it continues to be impacted by COVID-19 and supply chain issues.

The group now expects adjusted revenue for the year to end-March 2022 to be 2% lower than in the prior year.

It reaffirmed its full-year guidance for underlying profit in the £7.5bn-£7.7bn range.

Revenue for the third quarter to 31 December 2021 came in at £5.36bn, down 2% on the same period in the year before and below consensus forecasts for £5.39bn.

Underlying profits (adjusted EBITDA) for the third quarter grew by 4% to £1.96bn, beating market expectations of £1.91bn.

Revenue in first nine months to end-December fell by 3% to £15.67bn, with declines in the Global and Enterprise businesses partly offset by growth in Openreach, BT said.

Nine-months adjusted EBITDA rose by 2% to £5.7bn. BT attributed the improvement to tight cost management, lower indirect commissions and higher revenue from Ethernet and fibre-enabled products, although these factors were partly offset by falls in Global and Enterprise revenues.

Higher finance costs were behind a 3% drop in pre-tax profit to £1.53bn.

BT said its Openreach business is now more than a quarter of the way through its 25mln Fibre to the building (FTTP) target after it delivered an FTTP build of 662,000 in the third quarter at an average rate of over 50,000 per week.

The group has over 1.5mln FTTP end-customers following a rise of 244,000 in the third quarter accelerated by Equinox.

Openreach EBITDA grew by 6% to £807mln in the third quarter on revenue up 4% to £1.36bn.

BT chief executive Philip Jansen commented: "We had another record-breaking quarter on our full fibre build and a pleasing 37% increase in FTTP connections following the launch of Openreach's wholesale pricing offer."

He added that the group's 5G build is also on track and now covers over 40% of the UK population.

In the Enterprise unit, EBITDA fell 8% and revenue was down 6% in the third quarter due to continued declines in legacy products and contracts.

The Global business saw a 4% drop in revenue in the three-month period, while EBITDA plummeted 25% as market conditions remained challenging with negative foreign exchange movements and a fall in order intake.

Net debt was £17.7bn at 31 December 2021, £0.1bn lower than at 31 March 2021.

Shares fell 3.45% to 188.75p in early trade.

[boix] 03/2/2022 09:07

Bloomberg reporting BT down on 2022 revenue downgrade due supply chain issues.
They see Discovery tie up as possitive as it will give BT customers access to new Discovery streaming services & reduce BT Sport costs.

[xbtfollower] 03/2/2022 09:02

The long term is still positive, loads of people will go once the fibre build nears completion

[diku] 03/2/2022 08:43

Is the build like fury still in play or kaput?...buy on rumour sell on the news...