Bt Share Discussion Threads

[montyhedge] 11/4/2017 11:25

BT missing the FTSE100 rally. But BT will finish higher, is my view.

[excell1] 11/4/2017 10:22

Looks as though we may have a massive double bottom formation coming on the chart.

[montyhedge] 11/4/2017 10:06

Fallen 30% in 12 months, 335p next level after figures.

[montyhedge] 11/4/2017 10:04

DumAgree, finals I reckon quite good.

[dumspirospero] 11/4/2017 09:24

10% increase in 2017 & 2018 dividend was announced last year and I cannot see the Board damaging their reputation by breaking that 'promise'.The results should confirm majority of the business doing well and take away uncertainty about deeper Italianesq issues as if there was anything else they would have announced that quickly rather than drip feed it.The mobile business is likely to be ahead of expectations which will boost confidence.A higher range recognising intrinsic value and upside should be established after the results.Good luck all.

[colonelgrim] 11/4/2017 09:19

No not today mutley180, just sitting on my hands waiting for 345'ish before pressing the 'THANK YOU VERY MUCH' button!

Keep up the BTTT broker stooge jobby, volumes starting to dry up!

[kitbag1984] 11/4/2017 09:18

But Monty you were targeting 295. Never got any where near that. Some may say it was convenient that you revealed a short position after a drop. Others may say you are simply making it up as you go on.

[montyhedge] 11/4/2017 09:10

I'm looking for 10% increase in dividend with finals in a couple of weeks time. I would have thought if figures decent new trading range 335p - 345p. BT have fallen around 30% in the last 12 months. I prefer BT over Vod, just can't see them increasing their dividend. Any thoughts boys, sensible ones.

[montyhedge] 11/4/2017 08:11

Buying should continue as it did late yesterday, we will have to wait and see. BT over Vod I would say.

[montyhedge] 11/4/2017 08:06

The grim reaperYou on the late shift at McDonalds today? I bet you have 5 stars.

[montyhedge] 11/4/2017 08:03

KitbagKeep up with posts, closed short took a nice profit, long going into figures.

[hash tag thegrimreaper] 11/4/2017 06:51

Happy to be corrected here Sam my intention is not to deceive, merely to question!

"The Auction Period

When using the action mechanism, there are 8 possible pathways that can be used to determine the closing price. Admittedly, this is not easy to explain, nor is it important knowledge, but is is not widely covered, especially in understandable terms.

In brief, for SETSqx there are two board-stroke scenarios that encompass the 8 pathways. These are
1. With registered market makers, and, 2. Without registered market makers

1. If trades are submitted during the closing auction, the price will result from calculations to do with these. If no trades are submitted the closing price will be based on the mid of the best market maker bid offer price at the end of the closing auction.

2. If trades are submitted during the closing auction, the price will result from calculations to do with these. If no trades are submitted then the closing price will be determined by the stock's last automated trade

An auction consists of two phases; the Call Phase and the Price Determination Phase. During the call phase, orders can be entered, changed or cancelled, but no trades are completed. Essentially during the Call Phase, there is a call for orders. A preliminary indicative price is also found. The subsequent phase is the Price Determination phase. During this stage, no orders can be changed, entered or cancelled. An order-matching algorithm is run which seeks to find a price at which the executable volume is maximised. In other words, the price reached is the price at which the highest volume takes place. Other conditions are also sought after in the final price. A 'minimum surplus' and accurate 'market pressure' are two of these. The final auction price is displayed as an 'Uncrossing Trade' - UT. [1]

Reference: [1]

[kitbag1984] 11/4/2017 05:22

Monty what happened to 295? Are you now a bt Bull? You certainly seem to be full of Bull s. No 1 trading at its finest lol.

[4spiel] 11/4/2017 01:51

Openreach - Some people are trying to ramp this company's price in advance of the results. And good luck to them. But let it be clear Openreach whilst temporarily still within the BT Group be aware that the agreement gives them scope to make agreement with others including Private Equity to go towards becoming the UK National Grid of Telecom. Effectively leaving BT up the creek with the likes of Talk Talk simply narrow consumer businesses. So really despite what may be in the upcoming results that may in fact be a red herring - are BT in reality worth any more than the 190p - the current price of Talk Talk who maybe have more upside because they are a cheaper consumer option that gives you basically much the same if that all what most people need! There have been some buys recently that hiked the price and we have come back nearer somewhat to reality if 69p is certainly not as we got to in the financial crisis but with its Pension Deficit that the privatisation left BT with always remember the company and the equity ain't the same thing !!!!

[samsung7] 10/4/2017 21:37

Before you call others "chimp-boy" you need to be aware that the details that you posted were from the 12.00 auction and not the closing auction where the six million odd were traded.

How the auction works:
The process will be like that used in London Stock Exchange’s opening and closing auctions. At the commencement of the auction call at 12:00, all orders that have been submitted for that specific auction will be injected immediately. Orders may then be entered, modified and deleted during an auction call, but no automated execution occurs.

Throughout the entire period London Stock Exchange will only disseminate the most up to date indicative auction uncrossing price & size and not the full orderbook. This will be updated whenever orders are added, deleted or modified. At the end of the auction period, the balance of buy and sell orders will be used to calculate the uncrossing price and continuous trading will recommence.

By allowing large orders to be placed without their size being shown to the whole market, the auction enables institutional investors to input larger blocks of shares without revealing their position. In addition, the auction allows private investors to trade alongside professional fund managers at a fair market price.

[hash tag thegrimreaper] 10/4/2017 21:01

"The Auction Period

When using the action mechanism, there are 8 possible pathways that can be used to determine the closing price. Admittedly, this is not easy to explain, nor is it important knowledge, but is is not widely covered, especially in understandable terms.

In brief, for SETSqx there are two board-stroke scenarios that encompass the 8 pathways. These are
1. With registered market makers, and, 2. Without registered market makers

1. If trades are submitted during the closing auction, the price will result from calculations to do with these. If no trades are submitted the closing price will be based on the mid of the best market maker bid offer price at the end of the closing auction.

2. If trades are submitted during the closing auction, the price will result from calculations to do with these. If no trades are submitted then the closing price will be determined by the stock's last automated trade

An auction consists of two phases; the Call Phase and the Price Determination Phase. During the call phase, orders can be entered, changed or cancelled, but no trades are completed. Essentially during the Call Phase, there is a call for orders. A preliminary indicative price is also found. The subsequent phase is the Price Determination phase. During this stage, no orders can be changed, entered or cancelled. An order-matching algorithm is run which seeks to find a price at which the executable volume is maximised. In other words, the price reached is the price at which the highest volume takes place. Other conditions are also sought after in the final price. A 'minimum surplus' and accurate 'market pressure' are two of these. The final auction price is displayed as an 'Uncrossing Trade' - UT. [1]

Reference: [1]

[montyhedge] 10/4/2017 20:15

For those interested in income HL reckons yield for 2017/18 5.6% not to bad boys.

[montyhedge] 10/4/2017 20:11

Nearly 7m in Auction more buyers than sellers looking at the flow rate, will open 315p and push on tomorrow boys.The grim reaper as just finished he's burger flipping shift at McDonalds, welcome.

[hash tag thegrimreaper] 10/4/2017 19:37

Which “Big boys” would that be then mutley180(?), the 16,000 buy or the 237,430 sell !



Colonelgrim

[kiltrock] 10/4/2017 18:56

Hi Stock. Oh dear the share price is on the up, maybe I won't get my £2.00 odd now. 2.90 would have done me.

[dumspirospero] 10/4/2017 16:52

Maybe the big boys will help swap the 3 & the 5 by organising a bid :)

[montyhedge] 10/4/2017 16:35

Big boys came in last minute, bang, close 315p.

[montyhedge] 10/4/2017 16:28

After figures, I expect new trading range 335p to 345p.

[colonelgrim] 10/4/2017 16:11

I see
mutley180°
has come around to my way of thinking, as for short positions closing here, I suggest you have a little look at the volumes pal!