Bt Share Discussion Threads

[minerve] 13/5/2018 21:31

Buying a share just because it's cheap is a value trap. First, you have to establish where the growth is. All I can see is a minefield of players, potentially very large new entrants who can compete on content. BT will have to compete to maintain market share. Expensive. Other players will just buy wholesale and pick-off the tasty areas as when they like. Regulators will just screw BT and limit the take on the wholesale prices. So, even though ex-BT numpties want to ignore me, the question still is: where is the growth?

Don't forget, label me as a troll or not, I have called this share down since it was nearly five-pound. If some had listened to my rationale, I would have saved you some money.

Minerve - the money saving troll.

[minerve] 13/5/2018 21:24

BT were confused back then - like they are now. They pushed ISDN well into years TCP/IP was established and then had to play catch-up.

[minerve] 13/5/2018 21:22

"Given that the (domestic) internet delivery mechanism from the outset was the voice network, BT was always going to be a big player."

Never! WOW. What insight.

[diku] 13/5/2018 20:58

How is EE doing?...

[epo001] 13/5/2018 18:03

Given that the (domestic) internet delivery mechanism from the outset was the voice network, BT was always going to be a big player.

Sometime in the 90s (after the appearance of the web) I was told by a senior manager that data would be of growing interest but that it would 'probably never' exceed voice network volumes. I believe it did so within a year of that conversation.

[pvb] 13/5/2018 18:01

scobak 13 May '18 - 16:43 - 28177 of 28180

It was Beaty and the 'ology adverts, unless there was something earlier.

Bring back Buzby!

[careful] 13/5/2018 17:48

BT was privatised in 1984.
To think its main business was land lines and telephone boxes.
before the internet and widely used mobile.
the original company in its original form would never have survived.


Ironic that tens of thousands of pensioners are receiving generous indexed linked pensions from a company that would barely exist without the internet and mobile.

[epo001] 13/5/2018 17:35

Not sure whether it was used during privatisation but Buzby used to be the great irritant. On the site where I worked, there was a remote building which had a Buzby "Privatisation? No thanks!" sticker in a window years after the fact

[hamhamham1] 13/5/2018 16:51

Theres nothing the UK regulators like less than seeing a utility company doing well.
Talk about self flagellation.

[hamhamham1] 13/5/2018 16:25

careful. As the Sage of Omaha says, it's all about buying into a good company at the right price, then you just let compound interest (reinvesting divis) do the rest.

[diku] 13/5/2018 16:20

BT was nearer the Sid days...90's

[careful] 13/5/2018 16:16

Sid was British Gas but some of us remember that privatisation binge from Thatcher.
BT was the first big one I think.

Do you ever sell any shares?
I often wonder how I would have done if I had never sold any.
I seem to leave a lot on the table recently after selling.
No dealing charges, dividends, they mounts up over the years.

[diku] 13/5/2018 16:01

Have held BT since the Sid days...yes Sid days!...seen it go all the way to 1500p and down to 80p....

[hamhamham1] 13/5/2018 15:45

diku, time will tell, let's see what pans out over the next couple of years.
I am more than comfortable with my position.

[diku] 13/5/2018 15:42

You not the only one...a lot of punters bought below 220p on the initial dip Thursday and MM kept the price below 220p nearly all day on Friday...they are all locked in now...on T2...T5 & T10 coming...it might rise on some technical or takeover/merger speculation but think it will be short lived...think better to drip feed..

[hamhamham1] 13/5/2018 15:41

I know it's just a drop in the ocean, but here's another example of the B2B side of BT :

Eurocontrol together with 41 industry partners – primarily air navigation service providers (ANSPs) – have launched a new contract with BT for the provision and management of a secure and highly resilient New Pan-European Network Service (NewPENS).

The 10-year contract has an estimated total value of more than €50 million.

The new, ultra-resilient network will connect around 100 locations across 47 countries in the Eurocontrol area and neighbouring countries. It can be used by all air traffic management (ATM) stakeholders to transfer business-critical data reliably, securely and safely in a cost-efficient way.

It will be built on BT’s IP network with mission-critical connections running on a dual core infrastructure, offering parallel connectivity that is physically and logically separated in order to provide the highest levels of availability and resilience.

NewPENS is the successor to PENS, which was launched in December 2009. It is a major upgrade – in service management as well as network architecture – and the backbone for cross-border data and voice communications for the Network Manager, ANSPs and other ATM stakeholders.

[hamhamham1] 13/5/2018 15:34

I bought the other day after the price dropped sub 220p. I am more than happy with that price and the confident in the current/future prospects of BT. It's not like the current price is 500p or anything near?

[diku] 13/5/2018 15:24

monty...GP has a crystal ball predicting growth should resume 2020?...more like he is trying to talk up the company...eye off the ball and the market has lost some confidence in him ever since the Italian fiasco...bad news just keeps on coming...

[diku] 13/5/2018 15:18

It is all very well company saying 13,000 jobs to go....but does anybody really follow it up?....or is it just a publicity stunt hoping to please the market on cost cutting news!...always hear about lower down staff going but never at board level...which director is responsible for those 13,000?...

[pacemaker1000] 13/5/2018 15:17

Ei...totally agree and this is what I think the latest announcement was all about. All cards on the table BT has bent over backwards to appease ofcom resulting in the ultimate sacrifice of having to cut 13000 staff just to survive. Nothing else to give here, so ofcom Have to change if it really is serious about better UK broadband.

[essentialinvestor] 13/5/2018 15:00

There needs to be some resolution with the regulator on future
major investment. BT, understandably, want a decent return on
major capital deployed. Until there is more clarity on this, any significant
progress for the share price is going to be tough.
If you're an optimist, this uncertainty is already reflected in the share price

[montyhedge] 13/5/2018 14:45

Agree, 7% yield for two years, then as GP said growth should resume 2020.I can live with that.

[epo001] 13/5/2018 14:43

The thing is Minerve, no one cares what you think and still less can be bothered to convince you of anything. I try to concentrate on good investments, not bad ones. If I don't think something is worth buying I don't buy it and certainly don't frequent it's forums. Looking at your post history shows that you are nothing but a troll. Filtered.

You brought up a comparison with NG. Well, NG's PE is about twice that of BT (about 15 vs about 8) so as BT is very cheap there will be an eventual reversion to the mean and BT will settle at about a PE of 12 - 15 which will double the share price. BT isn't going bust any time soon, it's clearly not a growth share but is underpriced for a utility. I hold.