Bt Share Discussion Threads

[pierre oreilly] 24/1/2017 17:41

In its trading statement, the U.K.'s former monopoly operator said it still expects to increase its yearly dividend by 10%, while fiscal third-quarter earnings were in line with market expectations after stripping out the impact of the write-down.

Wisteria, where do you get the reduced divi payments from?

Although 400 mill is a large amount, it isn't really a large amount relative to their turnover or profit, and it's a one off (well a two off, taken over two years). The main thing to me seems to be the knock to sentiment rather than any big financial effect on the company. Seems to me there's no financial reason to stop the highly increasing divi rate, which i hope will get the price back over the coming weeks and months.

[isis] 24/1/2017 17:16

monty - the lower profits are mainly because of the Italian writedowns. Donut.

[wisteria2] 24/1/2017 17:12

Sharp fall in the share price is the underlying worries in regards to future dividend payments!! growth has been eroded for the next couple of years with the knock on of reduced spending re brexit, and rising costs re infrastructure in bt. But all being well should recover from the over reaction re the share price. that's my bet...GLA holders

[griffinred] 24/1/2017 17:00

With no idea of the details, you call for Gavin's resignation. Daft.

[montyhedge] 24/1/2017 16:47

I see they waited until the jolly boys outing in Davos had finished.Sack the board.

[hubshank] 24/1/2017 16:38

All a load of baloney. Perhaps BT reinvested in themselves to add to pension fund deficit.

[montyhedge] 24/1/2017 16:37

BookwormIt's not just Italy read the trading update, it's a profit warning.

[montyhedge] 24/1/2017 16:36

Surely Gavin Patterson will have to fall on his sword.

[bookwormrobert] 24/1/2017 16:35

Today has been a massive over-reaction to a smallish piece of bad news. It never justified a 21% loss on the day. So, why?

[minerve] 24/1/2017 16:31

Didn't buy today.

More research and wait and see what tomorrow brings.

[philanderer] 24/1/2017 16:29

Not much evidence of shorts closing today

[blueball] 24/1/2017 16:29

I doubt it dear 303p was the bottom.

[montyhedge] 24/1/2017 16:26

I see below 300 tomorrow.

[tony baloney] 24/1/2017 16:18

This might not just be a 'foreign' issue. Remember all those outsourcing contracts with councils which went sour? There were some 'difficult to comprehend' deals undertaken in some of those - watch the news for Liverpool and Lancashire councils, might be further issues emerging with their historical work with BT.

[blueball] 24/1/2017 16:08

Supermarkets to be the next to fall including Sainsburys.

[hubshank] 24/1/2017 16:08

Forecast
Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Mar-17 24,160.45 3,526.07 29.86p 12.8 -1.3 -10% 15.36p 4.0%
31-Mar-18 24,386.24 3,817.03 32.07p 11.9 1.6 7% 16.95p 4.4%
31-Mar-19 24,643.40 4,076.39 33.96p 11.5 2.0 6% 18.65p 4.8%
Current 1 week ago 1 month ago 3 months ago 6 months ago 1 year ago
Revenue (£m)
31-Mar-17 24,160.45 24,117.16 n/a 23,991.99 23,935.76 24,137.33
31-Mar-18 24,386.24 24,219.14 n/a 24,134.61 24,084.75 n/a
31-Mar-19 24,643.40 24,630.99 n/a n/a n/a n/a
Earning
31-Mar-17 29.86p 30.11p n/a 29.38p 29.64p 32.51p
31-Mar-18 32.07p 32.03p n/a 31.92p 32.11p n/a
31-Mar-19 33.96p 34.78p n/a n/a n/a n/a
Dividend
31-Mar-17 15.36p 15.33p n/a 15.46p 15.53p 15.39p
31-Mar-18 16.95p 16.95p n/a 17.13p 17.33p n/a
31-Mar-19 18.65p 18.67p n/a n/a n/a n/a
Recommendations
Strong Buy 10 10 n/a 11 12 8
Buy 3 3 n/a 3 3 2
Neutral 7 7 n/a 6 8 5
Sell 0 0 n/a 0 0 0
Strong Sell 2 2 n/a 3 3 4
No. of Brokers 32 32 n/a 34 38 27
Average Rec 4.92 4.92 n/a 4.78 4.80 4.44
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BT Group Market Data
Currency UK Pounds
Share Price 305.25p
Time 16:05 24/01/17
Change Today -77.30p
% Change -20.21%
Volume 160,387,216
52 Week High 496.00p
52 Week Low 346.70p
Shares Issued 9,958.77m
Market Cap £30,399.13m
Beta 1.13
RiskGrade 107

[essentialinvestor] 24/1/2017 16:00

The dividend funds are usually the big holders here, if Friday's statement
looks OK you may see some of the value funds taking or increasing positions.

[srpactive] 24/1/2017 16:00

Diku

The gold miners rally hasn't even started yet.

ITV surging now, no rush here, BT will be in the doldrums for
months, it will be a traders paradise up until fiscal year
end.

dyor

regards

active

[hubshank] 24/1/2017 16:00

European boss been axed!

[diku] 24/1/2017 15:58

How many people signed off the books/figures without looking?...

[hubshank] 24/1/2017 15:56

books over cooked. Alludes to fact much may have come out of last year's accounts.

27th update one would hope the numbers to be fairly accurate as they say they have already appointed KPMG and that they have done much of the work. Hope I am not being overly optimistic.

[diku] 24/1/2017 15:55

Think BT won't be the last....few more profit warnings to come from FTSE...think Miners could be on the list with such pumped up prices...but the reality might be different..

[essentialinvestor] 24/1/2017 15:55

The question it unfortunately raises is how effective are financial controls
elsewhere in the group.

That at least partly explains the degree of today's fall.