Bt Share Discussion Threads

[toon1966] 15/2/2018 10:34

From 'Seeking Alpha' - BT Group: Higher Interest Rates Will Help Reduce The Pension Deficit -

[dmf] 15/2/2018 08:13

This can easily reach 200

[dmf] 15/2/2018 08:07

BT needs to invest in telecoms infrastructure not sports

[dmf] 15/2/2018 08:02

Pressure on management to turn this 'boat' around will accelerate

[dmf] 15/2/2018 07:54

Hopefully BT does not secure any of the last two auctions...article in mail ...GP blew £5bn on sports...nice one

[tradejunkie2] 14/2/2018 19:56

Montyhedge, class clown

[isis] 14/2/2018 18:04

BskyB paid less than last time for their games but BT paid a bit more? They must have wanted those slots much more than the others I assume?:-

hxxps://uk.webfg.com/news/news-and-announcements/sky-and-bt-cut-spending-on-premier-league-football-tv-rights--3133530.html

[pacemaker1000] 14/2/2018 17:32

in fairness Toon, Monty is right. no cpi change until RPI is no longer produced. i assume hence the Whitepaper, which questions why BT bothered in the first place?

[toon1966] 14/2/2018 16:22

As well as being the self proclaimed No.1 Trader, Monty now seems to be the No.1 Legal Guru. Anyway here is a link to a summary of the High Court ruling hxxps://www.clydeco.com/blog/the-hive/article/pension-increases-high-court-rules-that-bt-pensions-scheme-cannot-switch-to

[anony mous] 14/2/2018 16:13

Didnt stay in blue for long as expected.

[toon1966] 14/2/2018 16:13

The Gov also use the RPI measure. Mark Carney criticised them stating RPI was a discredited measure. Court of Appeal update from BT website - "BT has now been granted permission to appeal the High Court judgment and the case will be considered by the Court of Appeal. Timing of the hearing is not yet known but it is likely to be within the next year." The pain is going to continue for sometime yet.....

[montyhedge] 14/2/2018 16:11

No chance.

[ianood] 14/2/2018 16:05

When the Govt itself now uses CPI for inflation and pension measurement, then I think the Court of appeal could very easily overturn this decision.

[montyhedge] 14/2/2018 15:12

In my view I don't think so, but thats what makes a market bulls and bears. My target is 185p.

[meb123] 14/2/2018 15:11

Basically I am not defending Bt . There are obviously issues but the question I am asking myself is . Has the bad news been priced in already :)

[toon1966] 14/2/2018 15:09

Nothing new in that article, timed nicely to coincide with the auction news. Are we going to end up in the 'red' today......?

[montyhedge] 14/2/2018 14:55

Meb
Apart from Pensions. What about Ofcom no let up there.

[meb123] 14/2/2018 14:11

They have got decades to sort out the pension deficit . Bt is at a 5 year low . It's moved on from where it was 5 years ago . It's making good profits etc and they have said divs will be maintained . I think it's a great entry point

[montyhedge] 14/2/2018 13:54

Meb
Pension is a massive problem, the appeal is a waste of money in my view, no judge will go against the BT pensioners.
Is this move higher today, going to be a dead cat bounce.

[pacemaker1000] 14/2/2018 13:45

You could be right. Having failed in the cpi case they’ll probably try and screw the other ongoing pension changes even more...lol

[meb123] 14/2/2018 13:44

Apologise for the question marks in my text . Not sure where they are coming from !

[meb123] 14/2/2018 13:38

bt has a track record of finding solutions . Even if the appeal fails doesn't necessarily mean a sharp and continuing fall in the share price . If any thing as yesterday's news shows , it removes the uncertainty which is good for the share price . Don't know about others but I would be worrying if I was shorted.

[pacemaker1000] 14/2/2018 12:59

At the moment legislation dictates the ONS has to continue producing the 'legacy' RPI index as it is used by companies in contracts etc....
Unless this changes Bt Has no chance no the courts have ruled on it as contractual for pension C members imho
Never thought they would fail though

[montyhedge] 14/2/2018 12:35

1224
No chance what so ever the pension appeal will be successful, is my view.