Bt Share Discussion Threads

[institutional investments] 16/5/2024 11:06

Martha, the dark side will always know you

[younasm] 16/5/2024 11:04

I've sold a few but still hold too many at 120p average.Going short at 128p for a short term profit (maybe). At least we won't be crashing back 100p again with these results that met expectations.Good luck

[institutional investments] 16/5/2024 11:03

Well, i know the Dark Verse work all around the world with highly intelligent people, many within the industry itself.

i reckon they just pop in here to see Martha because that wouldnt be tolerated in a serious business environment haha

[isis] 16/5/2024 10:59

Positive write up

[isis] 16/5/2024 10:55

Pallo Tang is one of them from UBS. Seems to have a hidden agenda, bit like half the posters on these threads! ;-))

[justiceforthemany] 16/5/2024 10:52

Analysts were warning of a dividend cut. Instead it was increased and is covered 2x.
Who are these analysts?
Shame.

[davius] 16/5/2024 10:51

BT Group +11.93%

BT Group reported full-year adjusted EBITDA up 2% to £8.1 billion, roughly in line with analysts’ estimates for £8.125 billion on revenues up 1% to £20.79 billion, also largely matching estimates for £20.87 billion. Free cash flow beat analysts’ expectations and the FTSE 100 telecoms giant is increasing its dividend by 3.9% to 8p per share, sending shares soaring today. BT is on track or its biggest one-day gain since November 2021.

Also boosting the stock, BT provided new upbeat guidance for significantly increased fresh cash flow. It is aiming to more than double its normalised free cash flow over the next five years. Plus, it plans to achieve a further £3 billion of gross annualised cost savings by the end of FY29.

BT struck a positive tone towards the broadband market, saying it will recover over the medium term. BT also said it enjoyed strong Openreach customer demand for FTTP (fibre to the premises) in the fourth quarter.

Allison Kirkby took to the helm as CEO in February 2024 and appears to be trying to win over shareholders, attempting to boost its struggling share price with a better-than-expected free cash flow performance, a focus on cost savings, and by increasing the company’s dividend payout. She’s been facing a tough battle since a lot of major investors have been shorting the stock – investors placed a record £300 million bet against BT, according to an FT report this week, which will be getting squeezed today.

Her strategy appears to be focusing on the UK by investing £15 billion in its full-fibre UK broadband rollout, revitalising its lacklustre business division, and continuing with its major cost cutting programme. Kirkby said she’s exploring a number of options for all of BT’s international footprint – one option is to consider partnering opportunities.

However, high levels of spending and borrowing as well as stiff competition in the sector from alternative network providers have punished BT’s share price, which is down by around 18% year-on-year. There are also concerns about the potential merger between Vodafone and Three, which would hurt BT’s consumer brand EE.

[isis] 16/5/2024 10:50

Definitely too Cold for Shorts today! :))

[institutional investments] 16/5/2024 10:49

investors, are none of you intrigued with working out what happened Martha's mind when a kid?

We are still working on 2 scenarios

fruit loop DNA

Or a bad 'step' uncle