Bt Share Discussion Threads

[toon1966] 16/5/2018 15:57

A brutal week? Are you telling me that the traders on your floor only trade BT stock?

[brwo349] 16/5/2018 15:30

It's been a brutal week. Just casting my eye around some of the traders and most are ashen faced, with glazed faraway looks in their eyes. Some look resigned. Some look like they've been rogered by an elephant.

[action] 16/5/2018 15:23

I have enough for now. Will wait for better entry levels

[brightontrader] 16/5/2018 15:23

There is something in the 5g tie up making fibre less important, i ditched bt broadband for ee4g data router, it was £75 a month for 100gb, not enough and had to buy more each month. When i started it was getting 40mbs, dropped to around 16mbs, up and down.Finally got copper to infinity supposedly 38mbs but is off 10% and only 19mbs but unlimited....so cheaper but actually not as good as then4g service as it drops out daily several times. 5g would have to be sold as unlimited to rural areas and match fibre prices, not something in EEs DNA....but needs must. Copper to fibre is pretty useless but connecting rural area with fibre would be hugley costly. I got a quote to do it myself 1500metres £11k!

[montyhedge] 16/5/2018 15:21

Like the Motley Fool said FTSE 100 most hated stock.

[montyhedge] 16/5/2018 15:20

Down 15% since figures seems overdone.

[carer] 16/5/2018 15:13

BT is one of the icon of British industry. The company will be here for a long time to come, though there is a possibility it will get bought by China who will manage it much better. The share price has been punished too severely, considering the company is doing the right things with a new strategy. Usually we would see price up when there are lay offs.

[kmann] 16/5/2018 15:09

iTS OBVIOUSLY BEEN MANIPULATED FOR THOSE OPTIONS.

aLL OVER THE PRESS TODAY, and from the FT, "EE has 30m mobile phone users" you can see where the growth is coming from.


BT presses button on deeper integration of consumer arm with EE
Telecoms group makes push in latest bid to reframe company after a torrid few months

BT is to press the button on further integration of its consumer arm with EE, the mobile phone company it acquired two years ago, in the latest bid to move the company on from a torrid period that has seen its share price tumble and will see it cut 13,000 jobs in the coming months.

The telecoms company is relaunching its consumer arm in a push towards “convergence”, whereby consumers buy multiple products, from broadband and mobile to pay television services, as part of a single package.

Gavin Patterson, BT chief executive, said last week that convergence would be key to the group’s recovery when it revealed the job cuts to free up cash to invest in 5G and full-fibre networks.

BT has 10m broadband and pay-television customers, while EE has 30m mobile phone users, making it the UK’s largest consumer company. The company argues that this makes it well-placed to drive convergence, which has been slower to take hold in the UK than in other European markets including Spain and France.

The new offering will be launched under a new brand called BT Plus.

BT calculates that 13m homes in the UK do not use BT or EE services, providing it with a growth opportunity if it can offer consumers something more compelling than key rivals Vodafone, O2, Sky and TalkTalk.

The company also committed to building a new core network that will better link traditional fixed and mobile networks, which should mean consumers will be able to better roam between 4G and WiFi without noticing any difference.

BT also made dozens of announcements about enhancements to its consumer proposition for EE, Plusnet, the broadband network, and BT customers.

These include the launch by EE of a hybrid “two network box” next year that BT says will boost signals in the home by as much as 20 per cent. Similar products have already been launched in Germany and Belgium and could improve in-home broadband and speeds in rural areas, where 4G is often stronger than existing fixed internet services.

The company has also said it would bring all customer service work back to the UK from sites in India by 2020. The move is not expected to factor into BT’s wider job reduction plan.

Consolidation has been a key driver of cost savings across the UK telecoms market. About 8,000 jobs were cut after the merger of Orange and T-Mobile to form “Everything Everywhere”, which became EE. BT’s move to cut 13,000 jobs is equivalent to the entire workforce of the mobile phone company it acquired. The losses will largely come from the existing BT units with EE executives taking most of the key management positions at the combined company.

BT shares slumped on Wednesday to 203p by midday trading in London, having lost more than a third of their value over the past year. The last time the stock was below 200p was at the start of 2012.

[meb123] 16/5/2018 14:56

Go for it ice . It will support the price if nothing else lol

[tradejunkie2] 16/5/2018 14:51

What do these 13,000 managers do?

Managers are the biggest waste of cash for any company most useless of roles that generates no output for the company.

[1224saj] 16/5/2018 14:49

steady on now, GP just took some options ( 858 Shares) to try and keep the price up

[iceman82] 16/5/2018 14:49

my finger is hovering above the buy button ..... i promised myself to buy 199 but is tempting now what you reckon chaps , is it worth waiting another day?

[berny3] 16/5/2018 14:08

Be interesting to see if recent trend reverses next week. This Friday is third Friday 18/May and therefore option expiry.

There has been an increasing number of Put contracts being placed this week with fair heavy trading during the day. However today things are much more quiet on the option market today with only 10 contracts traded (all Puts) Open interest on option contracts are 37,017 Put and 29,435 Calls. Giving a Put/Call ratio of 1.26

Interesting to watch whether the price reverses from here and changes direction post Friday and there is a shift in the Put/Call ratio.

[kmann] 16/5/2018 14:07

I mentioned the convergence trend yesterday



Its al over the news today ...

hxxps://www.theregister.co.uk/2018/05/16/bt_bets_farm_on_consumer_announces_one_network_to_rule_them_all/

“The move to support Amazon Prime video positions BT TV as an aggregator of content services,” said Pescatore. “We believe that this will turn around its fortunes given that BT TV has recorded losses for the last two quarters and subscriber growth over the last couple of years has been lacklustre.

[hamhamham1] 16/5/2018 13:46

It could be why Deutsche Telecom (BTs biggest shareholder) has been rumored about not wanting BT to do too much fibre roll out in the UK. Maybe it's because they see leveraging the existing 4G network (and soon 5G) potential of EE in the UK as the future of home internet connectivity?

"DT is BT’s biggest shareholder with a 12% stake and, according to the rumour mill, wants BT to pedal as slowly as possible on fibre investment in the UK. Höttges is a non-executive director of BT. Is he on board with the UK’s fibre rollout ambitions or not?"
from..

[the_boy_plunger] 16/5/2018 13:42

EE

good they improving coverage, had few friends who got very little for an standing order?!

[careful] 16/5/2018 13:33

toon
I was not saying that low morale at BT should be a management objective.
But every worker will be aware of the situation.

[dipso] 16/5/2018 13:25

This news is not shown on ADVFN, is there an RNS

[hamhamham1] 16/5/2018 13:22

If it is the case, then buying EE makes huge sense.
"It is the largest mobile network operator in the UK, with 29.6 million customers and the largest operator of 4G services in Europe."

[toon1966] 16/5/2018 13:17

Pace - good point about the boxes. I'd like to see something along the lines of the Sky Q box which is superior to the Virgin TIVO.

[kmann] 16/5/2018 13:10

its all here, if you care to read it

"A year 3 cash cost reduction of £1.5 billion with costs to achieve of £800 million and 2 year payback;"

[hamhamham1] 16/5/2018 13:10

could be interesting in the daily chart after todays close...