Bt Share Discussion Threads

[arees1969] 19/2/2022 09:22

This was un response to Porche1975 comment

[diku] 19/2/2022 09:14

You mean brokers are tosh?...



Arees196918 Feb '22 - 11:12 - 377 of 379
0 1 0
Do you work for a broker by any chance, what utter tosh!

[stansmith3] 18/2/2022 12:24

bt was a pension company before the financial crisis/last major recessionsp recovered from 70p and rode the broadband wave to above 400p+same thing happening again with full fibre...

[arees1969] 18/2/2022 11:12

Do you work for a broker by any chance, what utter tosh!

[porsche1945] 18/2/2022 10:23

Was looking at the numbers for this, almost 700 mil a year just to service debt pile, its basically a giant pension deficit with a telecoms attached, has no real growth and is having its profits regulated away. The price at under two quid is there because of Drahi and the value of open reach which is 2 quid a share, the rest is more a liability than asset. I assume his idea is to break off open reach, if that can’t be done I’m guessing he’s out as I can’t see him hanging around to roll out fibre and these are then back to 130 a share. At a quid it was risk ( ish ) free, always chance of a capital raise but at 2 quid it’s fully valued. If you are up on these I’d dump them and buy amazon or Goog instead, ftse 100 now only 600 points above where it was 21 years ago, thank businesses like bt and self harming brexit for that. Dire.

[waldron] 18/2/2022 04:50

BT FONE HOME

[smurfy2001] 17/2/2022 12:58

One of Britain's most successful telecoms entrepreneurs has pulled off his latest transformational deal with the £210m purchase of rival XLN Telecom.


hxxps://news.sky.com/story/daisy-founder-riley-seals-210m-takeover-of-telecoms-rival-xln-12544005

[edward hopper] 16/2/2022 21:34

I like it when a plan comes together....

£2.50 from here .

[nige co] 16/2/2022 17:16

Thanks for the update Sid, always worth my time reading your knowledgeable comments. Thanks.

[eaaxs06] 16/2/2022 16:54

Great performance from BT today, with a new recent intra-day high of 201.0p and a close at 200.9p, the highest level it’s traded at for 7 months, since the end of June 2020.

Whilst there are no near term upper gaps to close out, there are still some levels to note. One is a 50% retrace, from the October low, at 202.3p (for all you Fibonacci fans out there) and then the intra-day of 206.6p and close of 205.6p from 15th June 2021.

If those levels can be bettered in the next few days, there is no good reason why we can’t move up to 250-260p level very quickly. Fingers crossed, here’s hoping.

Good luck everyone, Sid.

[eaaxs06] 16/2/2022 16:42

Keep looking.

[stewart_25] 16/2/2022 16:37

looks under 200p to me...

[eaaxs06] 16/2/2022 16:36

Cracking auction at the close; ends the day at 200.9p.

Good luck everyone, Sid.

[mjk99] 16/2/2022 10:01

Might re-visit 185 - 180 before next leg up, seems it is finding hard to break £2 ceiling

[diku] 16/2/2022 09:01

BT and Barc both stuck at bottle neck area...must be the letter B?...

[diku] 16/2/2022 08:44

BT is stuck at bottle neck level...

[edward hopper] 16/2/2022 08:43

Looks highly likely our £2 ceiling break is going to happen today .

[nige co] 16/2/2022 08:36

BT is underappreciated, says Berenberg

The inflationary tailwinds BT (BT.A) is enjoying are underappreciated by the market, says Berenberg.

Analyst Carl Murdock-Smith retained his ‘buy’ recommendation but increased the target price from 200p to 225p on the stock, which closed up 2.7% at 198p on Tuesday,

He said two-thirds of the telecoms giant’s revenue is inflation-linked and ‘combined with ongoing cost transformation and the growing benefits of its investment in fibre, we believe this positions BT to grow revenue, EBITDA, earnings per share, and normalised free cashflow in 2022/23’.

Murdock-Smith said the next two quarters should ‘strengthen investor faith in BT’s investment case by demonstrating mid-single digit EBITDA growth and the top line turning to c.2% growth in the first quarter’.

He admitted the stock was ‘expensive on cashflow’ but he expects the focus to shift to its price-to-earnings eatio as ‘evidence builds of capex driving growth’.

‘As BT turns to growth on the back of its higher investment, we believe more attention will be given to metrics that smooth out investment, like price/earnings, on which BT trades at 10x, [versus] telecoms incumbents [at] 18x.’

[grupo guitarlumber] 15/2/2022 17:06

BT is set to sign a 30 million-pound ($40.6 million) deal with startup Distributed to accelerate its modernization and transformation, The Times of London reports.

--The U.K. telecoms group will pay GBP10 million upfront for a minority stake, and the agreement will allow BT access to a wider pool of skilled technology professionals, helping it to manage a skills shortage, according to the Times.



Full story: [...]



Write to Kyle Morris at [e-mail]



(END) Dow Jones Newswires

February 15, 2022 11:05 ET (16:05 GMT)

[grupo guitarlumber] 15/2/2022 17:02

vodman1

15 Feb '22 - 15:46 - 1553 of 1553
0 0 0

As investors cool on big tech, they are warming to some faded stars of the dot-com era: telecommunications companies such as London-listed Vodafone. VOD 1.92% The bet has legs, particularly if European politicians decide that 5G networks are a higher priority than discount phone packages.

Telecommunications stocks have been among the rare gainers this year. The global sector has risen 3%, against a 6% decline in the wider MSCI World Index. Rising rates mechanically improve the appeal of dividend-paying companies relative to those that promise growth, but there are specific factors at play too, particularly in Europe. Vodafone is up 20% on news of investor activism and potential deals.

One hope is that the company, which used to own 45% of Verizon Communications and still has direct operations in 21 countries, might be able to merge some of its European units with local peers. Such deals would follow the example of the tie-up between T-Mobile and Sprint, which reduced the number of U.S. mobile operators from four to three.

The cost synergies latent in so-called “four-to-three” mergers could be a game changer for Europe’s entire telecommunications sector. For years the region’s network providers have been squeezed between the massive investments required to keep up with mushrooming data traffic and their inability to charge consumers more for better connectivity.


Just as in the U.S., though, such deals would be politically sensitive because of the possibility that operators would be freer to raise prices amid lower competition. A previous wave of merger hopes and share-price gains in 2014 and 2015 fizzled after antitrust regulators signaled staunch opposition.

A number of companies seem to think that this time is different. Last week, French telecommunications company Iliad gave the first official confirmation of a much-discussed potential deal between its Italian unit and that of Vodafone, which had rejected an €11.25 billion, equivalent to $12.72 billion, cash bid, Iliad noted.

Also last week, Spanish business newspaper Expansión reported talks between the Spanish unit of French giant Orange and its local rival MasMovil—a company previously linked to talks with Vodafone.

Antitrust regulation has become even more stringent since 2015, yet the first part of the pandemic also underlined the strategic importance of digital infrastructure. On a call with analysts this month, Vodafone Chief Executive Nick Read said the Covid-19 lockdowns “opened up a new stream of discussion” with governments, including about improving the sector’s low returns to attract investment.

The case for buying stocks such as Vodafone and Orange doesn’t rely wholly on contentious consumer-facing mergers.


A parallel effort to improve returns and valuations involves spinning tower and fiber-broadband assets off into separate companies that can be pitched to investors as high-value infrastructure. Last year, Vodafone held an initial public offering for its tower business, Vantage Towers, and could now merge it with equivalents at Orange or Germany’s Deutsche Telekom. Such transactions might achieve some of the benefits of broader tie-ups that prove too politically challenging.

However the deal game plays out, Vodafone now has Europe’s largest activist fund manager, Cevian Capital, on its back. Although it hasn’t publicly commented on its stake, Cevian typically calls for companies to slim down by selling noncore businesses. Vodafone’s 81% stake in Vantage, which even after this year’s market switcheroo trades at a far higher multiple of profits than its owner, seems an obvious place to start.

One way or another, European telecommunications companies are starting to look less like a value trap and more like a genuine bargain.

[rathkum] 15/2/2022 14:53

BT to benefit from accelerating inflation - Berenberg

bank Berenberg affirmed its 'buy' recommendation for BT on Tuesday, explaining the market has underestimated how the telecommunications company

[cyan] 15/2/2022 13:43

225p , that's reasonable. I see this in the range 210-230 in the relatively short term.

[nige co] 15/2/2022 12:10

Berenberg hikes target price on BT

"Analysts at Berenberg hiked their target price on telecommunications giant BT Group from 200.0p to 225.0p on Tuesday, stating certain inflationary tailwinds were currently underappreciated."

Link won't load. To read the full article Google.....Berenberg hikes target price on BT