Bt Share Discussion Threads

[scepticalinvestor] 31/7/2023 13:19

Punters piling in now - taken a few myself

[dipa11] 31/7/2023 08:33

hTtps://www.proactiveinvestors.co.uk/companies/news/1015730/bt-s-biggest-shareholder-altice-raises-stake-to-24-5-1015730.html#:~:text=BT%20Group%20PLC%20(LSE%3ABT,a%20bid%20for%20the%20firm.

[dipa11] 31/7/2023 08:31

hTTps://www.tipranks.com/stocks/gb:bt.a/dividends"BT Group plc's upcoming ex-dividend date is on Aug 02, 2023. BT Group plc shareholders who own GB:BT. A stock before this date will receive BT Group plc's next dividend payment of 5.39p per share on Sep 12, 2023"Good morning

[diku] 31/7/2023 08:11

Insider appointee...


Kirkby--who has been a non-executive director at BT Group since 2019--will earn a salary of 1.1 million pounds ($1.41 million) annually and benefits in line with BT Group's remuneration policy.

[diku] 31/7/2023 07:22

BT Group announces the appointment of Allison Kirkby as Chief Executive

BT Group plc ("BT Group") today announces the appointment of Allison Kirkby as Chief Executive. She will take over from Philip Jansen as Chief Executive around the end of January 2024 at the latest.

Allison has been President & CEO of Telia Company since early 2020. Telia, headquartered in Sweden, is the market leading digital communications and telecommunications provider to 25 million customers across the Nordic and Baltic region. She moved into the TMT sector in 2010, initially joining Virgin Media, and was most recently President & CEO of TDC (2018-2020), the largest telecommunications company in Denmark, and President & CEO of Tele2 AB (2015-2018) the largest challenger telecommunications company in Sweden and the Baltics.

[diku] 30/7/2023 08:48

In other words it is snookered...

[pj84] 28/7/2023 23:08

BT - price rises give performance a boost

Matt Britzman | 27 July 2023 | A A A
No recommendation
No news or research item is a personal recommendation to deal. All investments can fall as well as rise in value so you could get back less than you invest.

BT Group plc Ordinary 5p
Sell: 124.20 | Buy: 124.30 | Change 0.25 (0.20%)
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BT reported first-quarter underlying revenue of £5.2bn, a rise of 4%. Openreach was the standout, where higher prices and a growing fibre footprint helped deliver 8% growth.

Openreach is now 44% of the way through its full fibre build, expanding to 11m premises. First-quarter fibre orders were up 34%, but the overall broadband base was down as the shift away from copper lines continues.

Underlying cash profit (EBITDA) was up 5% to £2.0bn as higher revenue and cost controls were able to more than offset cost inflation.

Full year remains intact, which looks for growth in revenue and cash profit, as well as underlying free cash flow of £1.0-£1.2bn.

The shares fell 1.9% in early trading.

VIEW THE LATEST BT SHARE PRICE AND HOW TO DEAL

Our view
First quarter trading benefited from recent price hikes, and it was pleasing to see full year guidance was reiterated, pointing to growth in the top and bottom line. Management hasn't put any figures on that, but consensus is looking for a little over 1% on both, so nothing to shoot the lights out.

Cost cuts were in focus back at full-year results, led by the news that the workforce is planned to drop by up to 42% by 2030. Job cuts are hardly surprising, but the plans' scale surprised markets and pointed to many of the issues BT's been facing.

Costs have been a bugbear, and the £2.1bn in savings already delivered has undoubtedly helped. But once the fibre and 5G infrastructure is built and adopted, a much leaner operation is needed to generate long-term growth.

The wider strategy involves significantly modernising and simplifying operations and product line. This includes digitising customer journeys and moving customers onto the new 5G and fibre broadband networks, which have lower running costs than legacy infrastructure.

The real workhorse for this is the group's infrastructure arm, Openreach, which is responsible for maintaining and building out the new fibre networks. It hopes to reach 25m premises by 2026 and spending's set to ramp up even further as BT looks to take advantage of government tax breaks. This technical-heavy business is unique and higher margin, and an asset to the business.

However, substantial improvements aren't free. Constant investment is one of the realities of the telecoms business, as infrastructure needs to be maintained and upgraded. We worry that despite the progress and the goal of reducing spend once infrastructure's in place, BT will have to keep shelling out to keep itself on the cutting edge. It doesn't help that telecoms is an inherently difficult sector to try and deliver attractive margins. Both regulators and customers will always want more for less.

Another drain on cash is BT's large pension deficit. The current payment plan cost just shy of £1bn last year, and we're expecting details on the latest review shortly. There's the potential for a write-down on the some of the assets, increasing the deficit. That won't necessarily mean higher payments, but at the very least it'll extend their duration. Add to that the debt pile, especially in the current higher-interest rate, and the demands on cash are considerable.

BT has its attractions. Its mobile networks are broad and generally high quality, while Openreach is unique and higher margin. But it needs to leverage all of its advantages if it's to satisfy the never-ending investment demands and return to sustained dividend growth.

BT key facts
Forward price/earnings ratio (next 12 months): 6.9
Ten year average forward price/earnings ratio: 10.0
Prospective dividend yield (next 12 months): 5.9%
Ten year average prospective dividend yield: 5.0%

[diku] 28/7/2023 22:17

Just no momentum last few trading days...

[scepticalinvestor] 28/7/2023 15:30

I reckon the huns are getting ready to make an offer

[dipa11] 28/7/2023 15:01

Someone is confident and collecting @ 123.85 pence fixed rate maybe mutual understanding.

[scepticalinvestor] 28/7/2023 14:33

Some rather large large trades today

[holly1000] 28/7/2023 12:38

Buying for dividend and growth over the next couple of years this should climb slowly up from here .

[isis] 28/7/2023 12:37

If it drops to around 120pish on ex date I'm pretty hopeful it will attract some buying interest, not least Drahi.
Although he may not be able to make a bid he sure can have some sway with the board as the largest shareholder.

[dipa11] 28/7/2023 10:45

Ex dividend date is round the corner. Bought few more today as FOMO and price. DYOR Good morning

[isis] 28/7/2023 09:04

UK retail investors have little interest in the Stock Market. The last time there was a big Bull market was in the late 90's and many got stung. I've always been an advocate of the Stock Market but with constant crashes It's probably better for most to get High interest Bonds, Gilts or Bank Accounts.
You talk to anyone from the States and most have a good idea what the markets are doing and hold shares in some form, but they have a different attitude to risk and go for it.
Just look at Apple worth more than the whole UK stock market on it's own!

[careful] 28/7/2023 08:56

No volume in the UK market.
Poor sentiment.
Not helped by the good returns that we can get risk free in the bond markets.

The real upward price spike will come when inflation, interest rates and bond yield fall.
That will cause a big rotation when bondholders cash in their capital gains and get back into depressed shares.
The double whammy that helps comes because the cost of servicing corporate debt gets cheaper and at the same time the typical consumer gets more to spend.

[isis] 28/7/2023 08:48

Most UK stocks are in the doldrums. When the turn comes it's usually so fast that you miss out. My guess is it will turn around November, which is historically a better time for stocks after the faffing around with October crash Anniversaries.

[redike1] 28/7/2023 08:43

Almost like someone has a vested interest in keeping the share price low

[isis] 28/7/2023 08:32

With these Algo's it is difficult/impossible to know which way they want the price to go. Level 2 is pointless to get any direction and I've all but given up trying to guess which way a stock will go.
If it looks cheap on fundamentals as many UK stocks are then buy Dividend stocks and be patient until it Flies in the right direction. These were around 160p a few months ago and figures were slightly ahead this time.
The shorters on here are spreadbetters and I don't think they have any say in the matter, although many think they do that's why they spout alot of nonsense on most of these boards.
They may as well go down the Dog Track and start calling the other Dogs names in the hope their Dog will win.
Lunatics.

[scepticalinvestor] 28/7/2023 08:19

These shorters are relentless...every rise is sold into

[diku] 27/7/2023 20:42

wendsworth...44707...RR. is in a sector league of its own...unlike BT and VOD the dog sector since 2016...more often holding to infinity also not working...

[isis] 27/7/2023 15:34

Jeeezz spinning like a Roulette Wheel!!

Someone's having a Larf!