BT is in much better shape now then in 2022 |
It needs to break the November 22 1.60 ceiling |
Cracking month so far. Back in the black after years of doom and gloom. Will resist temptation to cash in and hold on a bit longer and see if this rise continues into the new year. So many negatives in the world right now though (not to mention our Country is a basket case). It's hard to make a case that says brighter times ahead lol. |
on the other hand it could have kept going down. in the last 10 years if you had tried to ride it out you would have seen your investment lose 2/3rds of its value |
Wonder how many shareholders got shaken out after the results?
One needs to be patient. |
Is the same thing happening to Pearson PSON? |
Is Barclays doing the pumping and dumping...and nothing else to pump... |
I guess they did... |
It looks like the market listened... :0) |
Barclays raises BT Group price target to 215 (205) pence - 'overweight' |
BT sees next-gen networks in UK as its future |
Food for thought..... just take with pinch of salt!
hxxps://www.ispreview.co.uk/index.php/2024/11/openreach-claim-full-fibre-broadband-to-boost-uk-economy-by-66bn.html |
https://www.ispreview.co.uk/index.php/2024/11/openreach-claim-full-fibre-broadband-to-boost-uk-economy-by-66bn.html |
Good to see we're making new highs for the year :)
One needs to be patient. |
 BT cuts annual revenue forecast – what's next for the telecoms giant?
BT has trimmed its sales forecast, but the overall outlook remains positive and big investors have bought in. Should you invest?
The “weak” performance of BT’s “problem child” business unit is still hampering CEO Allison Kirkby’s turnaround plan, says Jillian Deutsch on Bloomberg. BT was forced to cut its sales forecast for the year to 31 March 2025 by between 1% and 2% on 7 November. This was caused by a 6.8% adjusted revenue decline in the division serving business customers. As a result, overall second-quarter revenue fell 3% to £5.09 billion, below analysts’ expectations of £5.23 billion. BT’s shares promptly slipped by 5%.
It’s not surprising that BT’s business unit isn’t doing very well, says Hargreaves Lansdown’s Matt Britzman. Higher expenses and “a tough competitive landscape make it a tricky place to operate”. But investors can console themselves that profit and cash-flow guidance has been “left untouched”. What’s more, as the fibre rollout gathers pace, BP is not only “benefiting from higher prices and a more favourable mix of fibre versus older technology”, but also from the prospect of an end to the “massive investment” the rollout involves. Expect a major improvement” in areas such as cash flow.
Should investors buy BT?
Hopes that “once the digging has finished and 5G investment has been made”, BT can become a “strongly cash-generative provider of critical 21st-century infrastructure” will have been bolstered by Kirby’s determination to “rein in the foreign adventures and concentrate on the UK”, says Nils Pratley in The Guardian. While BT’s international operations comprise only a sixth of the company, they are a “sprawl” that spans 180 countries, and have been responsible for two destabilising profit warnings in 2008 and 2017. Still, selling these operations “won’t be easy”, with a series of “part-sales, partnerships and fiddly structures” a more likely option than “a neat sale of the whole shebang at a nice price”.
It’s certainly “easier to earmark disposals than to snuffle out buyers”, says Lex in the Financial Times. So BT may have to settle for raising “a few hundred million here and there” from sales over an extended period of time. But some companies may be interested in the unwanted elements of BT, including rivals and private equity. Partial sales such as joint ventures are another option. What’s more, shareholders should take heart from the fact that Kirkby does have form when it comes to such “complicated clear-outs”. She oversaw a similar process at Sweden’s Telia.
BT has reportedly hired bankers to sell financial services unit Radianz, says Rupert Neate in The Sunday Times. Overall, investors have been “impressed” by Kirkby, especially her progress on broadband, as well as her determination to push through a savings drive that could see 55,000 jobs go by the end of the decade. While many feel that markets are still “stubbornly” refusing to price in the full impact of future cash flows, the share price has soared 27% in her 10-month tenure, with prominent investors, such as Carlos Slim and Sunil Mittal, taking major stakes. |
All brokers should be called pokers as all they do is poke to move down or up. They're opinion is so burdened with bias, it puts them one above the beano :-) |
Berenberg 155p, JP Morgan 290p, UBS (from memory) 115p?
So, your best bet is to ignore them all and make your own mind up.
Good luck everyone, Sid. |
Anyone got a broker target for BT ? |
Overall up in both. |
I still have legendary investment in bt at 332p since 2017. |
Action, I hold both, at similar investments (in £).
On BT I'm up £9596.43
On VOD I'm down £5397.50
Funny game, investing. |
Bt market cap appx 15Bln. Voda appx 18Bln. Divi yield at bt 5.4% and voda 5.32%. |
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