Bt Share Discussion Threads

[winner31] 15/11/2017 08:13

Start closing those shorts or massive losses on the cards today

[montyhedge] 15/11/2017 07:01

I see Vodafone boss blasts BT and Openreach. They were good figures from Vodafone. http://www.thisismoney.co.uk/money/markets/article-5083345/Vodafone-blast-BT-broadband-rip-off.html

[spendalot] 15/11/2017 06:35

Pension issue will be resolved shortly,those in the schemes that matter appear to be quite content,and will receive that which they are entitled to, BT meanwhile will also score in reduce costs in wages within the next couple of years, meaning the decision that they (BT ) has taken means that overall the deal won't cost anything.

[joshondale] 15/11/2017 04:58

Does this stock only go one way?

[colonelgrim] 15/11/2017 04:57

You make it sound as though we bought the 'kings magic suit' tim, surely not!

[tim 3] 14/11/2017 23:52

Totally agree the premiership is not worth what we pay however there are other parties such as Amazon Netflix and others ready to pay if Sky/BT do not.

From BT's angle I suspect they have committed so much to it that they are embarrassed to admit that it was all a very costly mistake.It also begs the question how many more mistakes have they made in recent years,

Agree with you BT should have stuck to what they know but its a bit late now.

[essentialinvestor] 14/11/2017 23:41

Gavster gone within 6 months, my best guess.

[pacemaker1000] 14/11/2017 23:30

Sky are responsible for everything regarding football costs. They, and us, are now having to pay for what they started. Let’s be honest the premiership and all within especially footballers are in no way worth the amount this costs. Would it really hurt to cut the costs in half overnight? No!
Pity bt and Sky couldn’t get together and just refuse to pay!
Back to reality and I think TV was a step in the wrong direction and BT should have concentrated on what it knows, and got that right, before following another adventure that looks like it could be another Global Services fiasco. This is Gavs baby and with any luck will be thrown out with the bath water by the new chair..and GS
I remember when BB first started and us employees seeing its potential yet management had to be dragged kicking and screaming to the party.
Concentrate on what you know BT! You own the most important technology Of the day. Run it right!

[diku] 14/11/2017 23:17

Vod up today by a mile & BT goes down...not even a tiny sympathy rally in coat tails of VOD... shows how BT is totally disconnected from sector...

[tim 3] 14/11/2017 22:13

Exactly EI its getting silly Sky have to keep it as they gain much more subscribers than BT and its the core part of their business but BT should never have got involved as its nowhere near as important to their business as a whole imo.

[essentialinvestor] 14/11/2017 22:08

Tim, with the extraordinary price inflation for football rights
would think we are at an inflexion point re cost/benefit.
SKY as an example, will yet again need to pay significantly more to maintain pole position,
that cost needs to be recouped.

[tim 3] 14/11/2017 22:00

EI

Yes heard that too.

Problem is they have paid a mouth watering £960m for Premiership and Champions league football to gain customers if they stop showing some of that then they will likely start losing some of those customers it has cost them so much to get.How many will continue to subscribe at current rates is they lose the premiership games?Bit of a no win situation for them I fear.They have also just put many of their sports subs up be interesting to see churn rates would not be surprised if it foes negative.

[essentialinvestor] 14/11/2017 21:50

Had a listen to the results webcast, and the line was...we known how
much they are worth to us, there is an amount we will not bid over ..

Investing some of that money instead in to lowering mobile tariffs
may be the better future direction imv, and/or broadband pricing.

[tim 3] 14/11/2017 21:47

Pacemaker

What about football it looks like they will have to pay even more for premiership rights as viewing figures drop?

[essentialinvestor] 14/11/2017 21:45

Tim, wondered about the huge sports acquisition rights costs.
Would think BT see the benefit in lowering churn rates, not just customer acquisition.
pacemaker may have more insight in to this area.

They seem extortionate amounts to me, would much prefer that money invested
in mobile offers. Nearly everyone under 40 appears permanently attached to a
mobile device these days.

[pacemaker1000] 14/11/2017 21:31

Pension will be sorted very soon and for the better

[tim 3] 14/11/2017 21:30

For sure,at the end of the day its not so much cheapness that drives a share price up you usually need some good/better than expected news in my experience and not sure where thats gonna come from.

[essentialinvestor] 14/11/2017 21:24

Tim, I don't think I there is any rush, watching perhaps safer!.

[tim 3] 14/11/2017 20:54

Did a bit of research on this today as it has fallen a hell of a lot have held in the past and on the face of it they do look cheap.

The amount they are paying for football is staggering though and yet in the 3 months to September they only added 7000 viewers compared with 63000 the same time the previous year!

They are now pretty heavily committed in this area at a time when football viewing figures are dropping.

Pension issues and global issues seem to be another area of concern infact its quite hard to see what the positives that could drive the price up will come from.

I know most on here are well aware of these issues and know much more than me but to me it really does ask questions about the management of the company.So will continue to watch for now

Good luck all

[colonelgrim] 14/11/2017 20:44

Are you still here metalsguru(?), or have you capitulated your position, coz I'm sensing the brokers have won the day and might now just be looking for a change in direction for we longs, probably just wishful thinking on my part but .... yeh, we'll see...............

One thing I would say is, I would not be 'short' here for million pounds!

[essentialinvestor] 14/11/2017 20:23

There is news on the pension today, in case anyone is unaware.

The FT broke the story this afternoon. Unions urging members to
vote against the new proposals, if reports are accurate.

Some who post here work for BT so may have much clearer idea.
The headlines don't look good.

[careful] 14/11/2017 20:20

so market cap will reduce by about £8bn because of an additional pension fund deficit of £3bn spread over 30 years.

interesting numbers.

[jvin] 14/11/2017 20:05

So babyal how would you know if bad news is coming about the pension , me personally from what I know, it will be positive reaction. Let me just say the pension situation will be distant memory for all investors. I will leave it at that and say no more!

[babyal] 14/11/2017 17:00

Bad news coming regarding BT/openreach changes to pensions. Forecast of £1.61 by September 2018.