Bt Share Discussion Threads

[netcurtains] 20/8/2024 17:56

Some idiot pulled the plug out.....

[davius] 20/8/2024 16:23

Closing market report from II:

Top of the fallers was BT, down 6.4%, after Sky and CityFibre agreed a long-term partnership that will see Sky launch broadband services on the CityFibre network.

Sky’s full fibre broadband is expected to be available on CityFibre’s full fibre network from next year, CityFibre said in a statement.

The deal sparked concerns that BT's Openreach could face a loss of market share, with Sky a key customer of the London-based telecommunications provider.

But AJ Bell's Danni Hewson thinks CityFibre’s "modest scale and focus on rural areas suggest it shouldn’t be a huge issue".

[smurfy2001] 20/8/2024 16:01

diku, the only share i'm managing to do that on is CCL very tradeable via charts.

[smurfy2001] 20/8/2024 15:47

Why it could be the right time to bet on BT: As two of the world's richest men buy in... its 'misunderstood' stock is moving upwards



They fell back today on the news that TV company Sky plans to launch its broadband services on CityFibre’s network, rather than BT’s Openreach.

This was unwelcome news for BT as Sky’s existing partner. However, analysts believe the financial impact on the telecoms giant is manageable and that Sky will continue to have a relationship with Openreach.

[jetstar23] 20/8/2024 15:34

Plenty of orders on the buy side in the closing auction so I'm not concerned. Up day tomorrow I'm sure!

[diku] 20/8/2024 14:03

smurfy...my point being...sell and buy back cheaper when opportunity presents...you are still in the share...hindsight yes but telcos is not a racy sector...

[djnzloop] 20/8/2024 14:01

picking a price at any point in time and saying why isn't it now more than that is meaningless. it's more to do with the expectations from right now. I expect it to climb to around 220ish

[davius] 20/8/2024 13:59

Not complaining really, sold 5000 (half my holding) on Friday at 144.8p, bought 5000 just now at 134.6p, it brings the average down.

A rather silly over-reaction in the share price It might take a while to recover, I'm in no hurry.

[diku] 20/8/2024 13:56

2016 share price 500p...today share price xyz?...

[smurfy2001] 20/8/2024 13:55

diku, if i'd have thought like that l wouldn't be sitting on 180% gains on Natwest or 452% on Rolls Royce. Takes time to brew the chaii.

[djnzloop] 20/8/2024 13:53

160 isn't infinity :)

[diku] 20/8/2024 13:16

Forget about the yield...just imagine if sold around 145p - 146p yesterday and lucky enough to get the divi you actually would have sold at 150p+...today 134p to buy....morale of story hanging around for jam tomorrow or to infinity not working...

[lanarkian] 20/8/2024 12:43

I know I cancelled TNT Sports on BT because I can get it cheaper from Sky but this does seem an overreaction.

[smurfy2001] 20/8/2024 12:22

Someone must have spat their chaii this morning.

[action] 20/8/2024 11:55

Bt yield was 5.49% as at yesterday. Today drop of 7.42% is more than one year divi yield.

[1224saj] 20/8/2024 11:54

Now fickle we are to a hacks spin :-(

[scemer] 20/8/2024 11:05

Careful have to agree,storm in a tea cup, but we all know how the market works onwards and upwards

[diku] 20/8/2024 10:56

SKY is aggressive in doing deals...BT is sleepy giant...

[diku] 20/8/2024 10:56

Dug up???...and somebody has to pay for it...who...

[davemac3] 20/8/2024 10:21

More fibre providers means more roads and pavements dug up. Does every network have to dig up the roads? We’ve just had that with Gigaclear.

[djnzloop] 20/8/2024 10:14

Any excuse for some profit taking. it's been a while since there's been any perceived negatives. wouldn't be surprised if this fall climbs back halfway this afternoon

[redike1] 20/8/2024 10:00

"The BT impact is through its Openreach business, which has Sky as its biggest external partner," explained Matt Britzman, senior equity analyst at Hargreaves Lansdown."There are genuine concerns about its reliance on a single customer, but a deal with Cityfibre is unlikely to have a major impact on the current relationship."Briztman added: "Cityfibre is a struggling business, desperate to show its lenders that it has something tangible in the works, it's also more focused on rural areas where the likes of Openreach aren't building out fibre networks – so there's likely limited cannibalisation of Openreach's existing business with Sky."

[saltaire111] 20/8/2024 09:47

Why the 7% drop today?