Bt Share Discussion Threads

[institutional investments] 03/4/2024 18:58

Don't know why so many think a director buy is always good. They signal just as many turns

[institutional investments] 03/4/2024 18:57

Institutional Investments - 06 Feb 2024 - 22:40:16 - 45635 of 49532
You would be surprised how many stocks that have tanked have director buys within 5-15% of that last high

[porsche1945] 03/4/2024 17:59

This dogshxt getting vaporised, free cash flow is going to be non existant, expect dividend cut, could seriously see these at .70. There’s a market sell off coming and all the U.K. dross shares, think banks/builders/financials/capital destructive dividend rubbish will get rekt. Ftse 100 uninvestable, buy 3 month treasuries, yield 5.40 and zero risk.

[stansmith1] 03/4/2024 17:43

So why are you buying/holding BT - whatever is or is not going on - it is not new.Well?

[wipo1] 03/4/2024 16:30

CEO should have waited before buying

[isis] 03/4/2024 16:09

A One Eyed, One Legged Dog can open a spreadbetting shorting account!

[isis] 03/4/2024 16:06

These are already one of the most shorted shares on the FTSE.
UBS are making alot of assumptions there that haven't been verified with the Company, clearly they are on the side of the Shorters for whatever reasons!

[institutional investments] 03/4/2024 15:41

Got to have been some serious shorting 110w

If not, then serious exits

I reckon a bit of both

[institutional investments] 03/4/2024 15:40

High 102s not looking tempting at the mo when arrives

70s coming

[davius] 03/4/2024 15:38

A “sell” stance on BT Group

UBS’ deep dive on BT prospects caused the shares to fall more than 4p to 105.6p, leaving the telecoms firm close to the bottom end of the 100p-200p range of the past five years.

On BT, the bank’s “anti-consensus” sell stance and 10p cut in target to 100p reflects fears that things will get worse before they get better in a story of many moving parts.

It thinks that new chief executive Allison Kirkby could use fourth-quarter results on 16 May to accelerate the existing strategy, a move that would put further pressure on cash flow and the dividend through higher capital expenditure and further restructuring.

The dividend was last cut in the 2020 financial year when BT suspended it for 18 months so that it could step up its full-fibre rollout and deal with the uncertainty of the pandemic.

It was reinstated from 2022 at half the prior level at 7.7p, representing a current payment of £759 million a year.

However, UBS estimates that free cash flow after taking into account costs from the TNT Sports joint venture and restructuring is £629 million and will fall below £300 million in the medium term.

In addition, the bank thinks broadband infrastructure competition is re-accelerating with Openreach broadband line losses likely to remain elevated for longer.

On a brighter note, UBS believes the risk of TalkTalk being acquired by Virgin Mobile O2 appears less likely in the near-term. TalkTalk spends over £850 million a year with Openreach and it would have represented a major client loss.

Sky is exclusively with Openreach but UBS said it would not rule out the longer-term diversification of some or all of its £950 million-a-year business.

[institutional investments] 03/4/2024 15:32

Must be a lot of yank firms shorting this even if under radar? Always gets affected into US even before that market sells

[soldi] 03/4/2024 15:30

There's many more buys than sells, and yet the MMs are walking this down! Why??

[isis] 03/4/2024 15:25

Market is a mess. Look at the Banks, almost uninvestable 6 months ago, now up 50% and booming dividends being paid!

[netcurtains] 03/4/2024 15:05

Court case rumours.
Let’s hope rumours are bit as bad as price suggests

[stansmith1] 03/4/2024 15:04

Stock goes up: Private investor - All is good I can pick winners.Stock goes down: Something is not right, shorters are trying to steal this, the markets are broken, shares are only meant to go up....---What you say might be true were it not true that at some point every board had people making the same accusations....

[thanatos abysss] 03/4/2024 14:50

120's coming. Fact

[institutional investments] 03/4/2024 14:10

Somebody always on the right side. In this instance it's shorters. Making sense to them anyway. Rational

[institutional investments] 03/4/2024 14:08

I don't know why the other thread says something stinks. Market never irrational really. Just either on right or wrong side of the deal.

[1224saj] 03/4/2024 14:04

Couldn't agree more. Something is not right here. CEO buys 50000.00 of shares at 1.09???

[smurfy2001] 03/4/2024 13:54

Something stinks here FCA needs to take a look.

[diku] 03/4/2024 13:49

Just hope no more Italian type scandal...

[diku] 03/4/2024 13:48

Post 507...as long as your belly is filled with money...