Bt Share Discussion Threads

[montyhedge] 11/5/2018 15:32

Ess
The day they get a share right, I will be amazed, lol.

Rather go with Morning Star analyst 4 star 360p target, then some young journalist.

[essentialinvestor] 11/5/2018 15:29

IC have given it a Sell, which in fairness can be a positive contra indicator.

[montyhedge] 11/5/2018 15:18

Here it is, interesting.http://www.morningstar.co.uk/uk/news/167354/bt-still-undervalued-say-analysts.aspx

[smurfy2001] 11/5/2018 15:17

Monty, VED is also another of my tips as well as RBS.

[montyhedge] 11/5/2018 15:15

Great write up MorningStar by analyst 360p target 4 star rating undervalued is the comment.
Google it chaps, interesting out today.

[hamhamham1] 11/5/2018 15:11

As I said the other day, IMO, the sum of the parts is far greater than the current market cap.

[toon1966] 11/5/2018 14:54

hamhamham1 - BT stated quite clearly yesterday that the 13,000 redundancies will come from back-office and mid management roles. The 6000 new roles will come in 'engineering' and customer services roles.

[hamhamham1] 11/5/2018 14:34

I don't think the bulk of the redundancies will be engineering or frontline technical staff. A lot of them will be back office and middle level management. I also have worked there before (as a contractor - network engineer) and did feel IMHO there was a lot of staff in those back office and mgmt areas compared to other private sector companies I have worked in. I have watched this company's shares for several years and now am putting my money where my mouth is :)

[epo001] 11/5/2018 14:23

Monty, they've been shedding staff for years and years and years, generally picking those just before retirement age. Where I was, a lot of the redundant staff were back in as contractors (at very high daily rates) within 3 months because that's where the organisational knowledge and expertise was.

This is a bean counter driven exercise and will be akin to someone trying to lose weight by lopping off a leg.

[diku] 11/5/2018 14:05

monty..it took them 10 years to listen!!....it is never board level fault...always outside factors...this is how they keep their luxurious lifestyle going...

[montyhedge] 11/5/2018 13:52

epo
First time in 10 years BT now tackling the problem, good news for shareholders.

Moving from London HQ, shows they been told by the big funds, cut costs, good for us.

[hamhamham1] 11/5/2018 13:50

I am not too bothered about a bit of fluctuation post yesterday's announcements. Tackling the costs and focus is all I needed to hear to buy in at these prices.
Patience is the key now.

[epo001] 11/5/2018 13:34

(ex-BT employee, left in '99) The 13K shed may indeed be dead wood being swapped for lower paid useful staff but it is also likely to be shedding/freezing future pension entitlements.

[montyhedge] 11/5/2018 13:22

I expect the yanks to come in at 2.30pm they oversold the adrs yesterday in my view.
Should finish blue today.

[essentialinvestor] 11/5/2018 13:16

Kaz, ironic may be very kind.


Has not got much attention from yesterday's statement - BT TV lost 16,000 subscribers in Q4.

[samartin] 11/5/2018 13:07

Not even a dead cat bounce!

[kazoom] 11/5/2018 11:28

IRONIC?


7-April-2018

"Business leaders from giant firms ­including ..... and BT are embarking on a new campaign to boost Britain’s weak productivity growth by mentoring less productive companies and giving ­advice on training and investment.



(thanks toon for originally highlighting that in post 27791)

10-May-2018

'Oh by the way, we have 13% more staff than we actually need, although we do need an additional 6% to do some useful things.'

Could you really make it up?

[toon1966] 11/5/2018 11:23

BT have already backtracked on their dividend policy, but then they would not be the first or last to do this!!

[smurfy2001] 11/5/2018 11:15

Monty, RBS is going to be a good trading share 330p a cert on a dividend announcement.

[montyhedge] 11/5/2018 11:09

Sensible not increasing dividend for 2 years, GP said growth should resume 2020.
So ok 7% for two years, then hopefully increase. I can live that.

[veryniceperson] 11/5/2018 11:05

Dividend cover of 1.25. You could be right toon. But they shouldn't say it going back on it.

[tim 3] 11/5/2018 10:39

From what I have read free cash flow will not cover the 2019 dividend.

[meijiman] 11/5/2018 10:19

RBC are as bad as Liberium's when it comes to getting it wrong on recommendations/price targets.

[toon1966] 11/5/2018 09:55

So the dividend is safe is it Monty? Anyone like to provide me with a 'guarantee' on that....?