Bt Share Discussion Threads

[dipa11] 27/7/2023 15:22

hTTps://www.marketscreener.com/quote/stock/BT-GROUP-PLC-4003616/news/BT-Group-Backs-Guidance-as-First-Quarter-Earnings-Rose-44434306/

[isis] 27/7/2023 13:52

I wonder if the Algos walk the price down to get the stops out and let the shorts close their positions.
A lot of funny stuff going on.

[action] 27/7/2023 13:47

Bght twice so far. Could not resist divi.

[careful] 27/7/2023 11:40

Wandsworth.
Sometimes we forget that investment is a long term game.
These companies generate wealth over decades.

So many short term traders, high frequency traders, CFD shorters, momentum traders, the current share prices often lose touch will reality and fundamentals.

That said, we must get our entry point correct and have an exit strategy.
There prices seem to halve and double because of this casino behaviour.

[wendsworth] 27/7/2023 11:02

careful: Although no longer a holder Your policy is sound i.e.'stick with it'. Faced with a plethora of doomsters I bailed out of RR in the 80s ......now look at it's SP!!!

[scepticalinvestor] 27/7/2023 10:35

Being heavily shorted. Bght in now at just over 123

[careful] 27/7/2023 09:09

Set up well for the future.
Undrevalued, as is most of the UK market.

Really odd, wise capital spend on fast fibre, big takeup, good future earnings.
PE in single figures, hight dividend yield.

At some time in the future the pension issue will go away, even BT workers don'y live forever.

As Jansen said, going forward there will be a much smaller workforce.
A long term hold if ever there was one.

Crazy, I see Meta has risen well over 100% this year and after last nights impressive results the PE is down to about 40. so away she goes.
Dividend zero.

I will stick with BT

[dipso] 27/7/2023 09:05

Nothing wrong with the results, should rise in the next few days.

[dipso] 27/7/2023 08:38

First 10 minutes this morning marked up 2-3p then sell off started.

[dealy] 27/7/2023 08:21

already selling off. unbelievable

[diku] 26/7/2023 18:38

Maybe already leaked lunch time...

[dipso] 26/7/2023 15:50

Q1 results tomorrow.

[nige co] 26/7/2023 15:43

Oui tres bien, merci

[wendsworth] 26/7/2023 14:59

Nige: As Patrick Drahi would say.... 'Bon chance mon ami'!

[nige co] 26/7/2023 13:27

Wendsworth, I agree, Drahi will have edged his BT position and may well be behind the share price sell off, taking advantage of weak sellers. yes I think that I would sell in to any bid and not hang around, good advice mate.

I see a lot of value in BT assets and think that once FTTP is completed there will be massive cost savings going forward, but that is a long way down the road. I would rather a bid now than waiting until 2026.

[wendsworth] 26/7/2023 12:26

Nige: Who knows? As you rightly point up Drahi is well versed in making money . He will , in my view, have probably 'sailed close to the wind' on a number of occasions. His 'presence' on the BT register has filled me with unease. I have little doubt that the fall in BT's share price has not impacted on Drahi who will have taken steps to safeguard his position.

I see Drahi rather like I do Appollo Global Mangement who regularly make approaches and doubtless cash in on the resultant share price rise,whilst down the line finally withdraw. Having been a holder of Wood Group (WG.), and being wary, I sold out on 19/04 at 226.852 and lo and behold on 15/5 Appollo withdrew their 240p offer! Don't always get it right ...'cause I switched into VOD !!!

Could be that there will be some t/over approach for BT ....in which case my advice is take the money.

On the subject of BT ...I see there are reports of staff reductions / redeployment affecting around 11,000 roles at Martlesham?

[nige co] 26/7/2023 07:13

I don't believe that Drahi, a billionaire would invest billions in a company that he wasn't sure of the outcome. He's not here to lose money. He hasn't become a billionaire by being foolish. So that leads me to think that he will be a winner in the end, he's playing the long game, he's got something lined up, that he must be pretty sure of the outcome. Time will tell, hopefully.

Since Drahi started purchasing his BT shareholding, the share price briefly breached £2 in June 2021, I would guess based on his share purchasing, before falling back. He purchased more shares and the share price almost touched £2 again in July 2022, he's since purchased his last lot with no reaction to the share price, now down at a depressed 124p. How many more times can the BT tree be shaken of weak investors. Is managements hand weaker now that Jansen is resigning in regards defending a bid. I think so. Is Drahi building his stake to do a deal with DT, who have said previously that they could make a deal with BT.

All things considered, is it now or never for a takeover bid?

[action] 25/7/2023 22:54

If something happens to Altice, you are in for bargain of century as far as Bt share price is concerned.

[action] 25/7/2023 22:52

Drawing is over streached with debt on his company balance sheet. Same as BT pension deficit blackhole.

[careful] 25/7/2023 16:25

Drahi must know something.
Will he be part of a takeover?
With 30% any takeover is bound to succeed with his support.

As for the share price retreating to 100p, BT will be just as valuable irrespective of the market price.

Top up, play the long game.

[wendsworth] 25/7/2023 15:54

Thanks Nige. You are a respected poster.