Bt Share Discussion Threads

[stockriser] 31/1/2017 14:48

Well that's not to be sniffed at ;-)

[luisfrg] 31/1/2017 14:39

30/01 diretor buys 70.000 shares at 3.02

[declan2] 31/1/2017 14:32

conoldation around £3 for a while.

Director purchase

[philanderer] 31/1/2017 13:51

And also now depends if Orange want to start dumping any of their 4% holding now they`re free to do so.

[harvester] 31/1/2017 11:09

Yes, strong resistance @ 310 but slight momentum upwards.
Such barriers eventually get broken when sentiment turns more favourable and sound fundamentals prevail ..
Ghost of Marconi not relevant.

[diku] 31/1/2017 10:09

Not Marconi again pls!....bad memories...

Brick wall at 310p...

[isis] 31/1/2017 09:38

BT is not a Marconi. BT did get caught up in the dotcom boom and overpaid for their 3G licence - Marconi bought loads of worthless Companies on a mad spree during those mad days and paid the price.
BT has fundamentally good businesses and guaranteed income.

Hopefully they will get over this hurdle and the share price should rise providing there are no more mishaps.

[nicksoj] 31/1/2017 09:29

Agreed Dynamic. All good things...

[dynamic2005] 31/1/2017 08:46

Added to portfolio at 307. The sentiment will turn as more investors start to re-appreciate the intrinsic value.Fully expect to see it transcend 400 before end of 2017.Good luck to all fellow investors.

[glenkaz] 31/1/2017 08:46

O look shorts! Another blue day as I predicted small rise every day! 🤒

[kmann] 31/1/2017 08:16

hitong 445, barcap 475 BUY

[montyhedge] 31/1/2017 08:04

Ridiculously cheap.

[mondaytuesday] 30/1/2017 21:03

brando69,

I don't know that Island but it sounds like something you could tell the board about in extensive detail. Is it humid and moist?

[spellbrook] 30/1/2017 20:59

BT bulls tip shares to rise 56%


By Lee Wild | Mon, 30th January 2017 - 17:04

BT bulls tip shares to rise 56%


Much has been written about BT (BT.A) since it warned last week that fraud at the Italian business would cost it over half-a-billion pounds. But, after crashing over 20%, shares in the once-mighty telecoms monopoly are one of the most heavily traded in London. Now, investors have two more opinions to consider before trading.

Barclays thought BT shares were worth 525p prior to the warning. However, even after the recent bloodbath, analyst Maurice Patrick still rates the shares 'overweight', and thinks the Italy issues and public sector slowdown are worth only a 10% downgrade to 475p, implying 56% potential upside from current levels.

He nips only a fraction off earnings per share (EPS) forecasts for 2016, still pencilling in a 1.6% increase to 31.8p. But estimates for 2017 drop by 8% to 28.9p, and by 11% for next year to a below-consensus 29p. Only in 2019 do profits increase significantly to 31.6p.

Downgrades are blamed on slowing revenues at the Global Services operations, which trims 2-3% off group sales, according to Barclays. Underlying pre-tax profit in 2018 is seen at £3.55 billion, down £433 million, or 11%, from previous estimates and little changed on 2017.

A commitment to dividend growth of "at least" 10% for the next two years is a confidence-builder. Implying a £1.8 billion cash outlay and factoring in £800 million of net pension costs, Barclays thinks it's affordable.

Estimated free cash flow of £3.4 billion in March 2019, suggests "£800 million of flex to offset potential further Enterprise weakness, higher content costs, adverse regulation or higher Fibre capex within a covered dividend".

BT shares also now trade on 11.4 times EPS estimates for 2018, a big discount to EU incumbent peers on 15 times. On an enterprise value/cash profit basis they're about equal at 6.1 times.

Over at Haitong Securities, analyst John Karidis has seen worse.

Yes, he admits BT's the warning was a "horrible shock", and he's cut forecasts to bring numbers in line with company guidance. But the fall has been dramatic and looks overdone.

"Prior to [the warning], we think the share price in part discounted Ofcom destroying significant value for BT," writes Karidis Monday. "At this level, we think the share price also expects BT not to recover any value in the areas that caused the group to profit warn.

"We believe BT's stock is very undervalued based on all our recent research on Ofcom, and on all BT said to explain the profit warning last week."

Haitong has also cut its perpetuity growth rate from 1% to 0% because BT's warning has damaged investors' confidence in the firm's ability to realise its good prospects.

This is why Haitong's fair value estimate drops from 560p to 445p, although it does reinstate its 'buy' rating given the recent slump.

"We think BT will claw back significant value in the areas that caused the profit warning," reckons Karidis. "First, BT is an accomplished cost cutter so we struggle to believe it will keep losing money in Italy after FY18." Demand in the US is also tipped to pick up, given Trump's pro-business approach.

[...]

[fez77] 30/1/2017 20:43

Since it's a BT thread, lets stick to BT!

[mondaytuesday] 30/1/2017 20:38

Let's hope Trump has an influence in the UK so that we can start banning immigrants ASAP. May as well get it done now because we're leaving the EU.

[minerve] 30/1/2017 20:23

Just in case some people - who may have come in from work - want to sign the Trump petition here is the link:



Almost 1.5 Million. Send the message and copy the link to friends etc..

[harvester] 30/1/2017 19:55

After the massive and seemingly excessive
drop some rebound was to be expected
but has not happened yet .
At least BT seems to have reached a floor level around 300 for the time being.
Hence a modest recovery of share price seems more likely than further
price drops. There are opportunities for patient long-term investors here as
well as for short-term traders.

[glenkaz] 30/1/2017 18:30

Knew it be blue! Gla holders! 🤒

[stockriser] 30/1/2017 16:19

Could be a surge at EOD

[mondaytuesday] 30/1/2017 16:16

STFU montyplank

[montyhedge] 30/1/2017 16:09

Forget daily movements, yield over 5% growing, p.e 9. Put in bottom draw.

[pacemaker1000] 30/1/2017 15:56

"lmao the desperation of longs here"

Same could be said for shorters....lol

Wouldn't want to be either, in the spread betting game at the moment

The winners will be the real investors who have no timescale and are happy to take the divi.👍

[kmann] 30/1/2017 15:45

Energis just ran out of CREDit