Bt Share Discussion Threads

[willoicc] 06/9/2023 15:34

Dividends can only be paid from retained profits which implies that free cash flow has been earned.

Considering BT is investing huge amounts of money in the fibre roll out, it is a bit OTT to say that dividends are being financed from debt.

Capex year to 31.3.2023 £5307 million

Cash dividend year to 31.3.2023 £ 751 million

Free cash flow year to 31.3.2023 £1339 million

Reference should be made to BT's published accounts to check the accuracy of these figures.

[diku] 06/9/2023 13:22

2023 or 2024?...

[scepticalinvestor] 06/9/2023 12:32

Patience old boy. Takes a little intelligence and patience. Will be a different story by Dec

[isis] 06/9/2023 10:52

You would be hard pushed to find any shares going up at the moment.
We are now in the Sept/Oct mega volatility Bermuda Triangle - I wouldn't even bother with a Life Jacket!

[carlos014] 06/9/2023 09:52

This share is appalling, symbolic of the UK in general!

[nemesis6] 04/9/2023 15:46

Hes only 46

[essentialinvestor] 04/9/2023 12:32

Dividends are effectively funded from increasing net debt,
it's the logic of Alice in Wonderland.

[scepticalinvestor] 04/9/2023 12:16

Patience old boy. Surprised at your age that you seem to lack any

[porsche1945] 04/9/2023 11:31

What utter garbage this share is.

[wendsworth] 02/9/2023 18:12

SP on the turn? Divi due to be paid on 13/09. Half Year Results 2/11.

[maxplus2] 25/8/2023 12:53

I take your point. But we should also realise thst main wealth is now in US and the far east. Hence companies listed in US are more in favourable than European and UK companies.

[isis] 25/8/2023 10:41

A Non Exec bought 70k but in Dollars for some reason?

Description of the ORDINARY SHARES IN BT GROUP PLC OF
financial instrument, 5P EACH
type of instrument ISIN: GB0030913577

Identification code
-------------------------- ----------------------------------------
b) Nature of the transaction PURCHASE OF 70,000 BT GROUP PLC SHARES.
-------------------------- ----------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
US$1.42 70,000

[nige co] 24/8/2023 14:45

I enclose below a post taken from LSE discussion board from a knowledgeable poster.

Drahi extended his holding in May with a spike in Off-Book Volumes. Off-Book Volumes are currently in an upward trajectory starting last month, and are on target to be somewhat higher than On Exchange volumes this month. Is stock being accumulated?

[apollocreed1] 23/8/2023 17:11

@isis- Good point about the herd mentality. Americans seem to be very excitable with regards to stocks which is why you see large caps that can move up or down 10-30% on earnings releases, whereas such volatility is much rarer in Europe.

[isis] 23/8/2023 12:22

I think it's the very fact that US investors aren't that bright that keeps them going. They are Herd investors and can drive up anything to anywhere.

A friend bought some AMC shares and was convinced they would go up to $500 because of the Dark Web shorting and asked me how much I thought they were worth. I said $5-$10 max because of all the debt but they still shot up to $70 as a meme stock, I don't think they sold and now they are back to $3 with a dfd share effort added of $2 making $5.

[diku] 23/8/2023 08:36

Money needs to come out of those so called magnificent 7 mega US tech companies and into beaten down old economy shares...the market set up is too skewed towards those tech companies...has the game become too easy for US punters...

[nige co] 23/8/2023 07:42

Two large off-book trades reported yesterday morning 22/8/23 total cost £52m x2.

46,321.482 x2 @112.30p

[isis] 21/8/2023 12:21

Loads of shares at lows atm. FTSE best value on the Planet paying the highest dividends too.

[action] 21/8/2023 11:17

Still struggling to go up. May be need to wait divi to be paid on 13.09.23 b4 it goes up.

[stansmith1] 18/8/2023 16:36

lol because buying at 110 is so much better than 111..i am sure he will tell us he buys by shares in the millions....

[smurfy2001] 18/8/2023 14:59

Come 110p to papa smurf.

[diku] 18/8/2023 13:56

Are we there yet...I mean 110p?...

[scepticalinvestor] 18/8/2023 13:10

Well i am loading up here - bargain