Bt Share Discussion Threads

[knowing] 22/5/2018 08:58

Divis are the way to go if you are a long term investor. The yield here is excellent at current price. There are hidden Gems out there like TXH and RBN too which can yield 7%+ with greater potential for upside capital growth.

[montyhedge] 22/5/2018 08:56

If they sell the Mobile Mask division inherited from EE purchase for around 1.5 billion, like the Telegraph said 235p is my forecast.10.55p dividend on its way is a bonus.

[mbmiah] 22/5/2018 08:54

Dudley and Lewis came after a crisis - Patterson should go tbh

[toon1966] 22/5/2018 08:21

Let's hope Patterson can do what Dudley has done for BP and Lewis has done for Tesco. Personally I'm not 100% convinced, hope I'm wrong!

[montyhedge] 22/5/2018 08:13

Even the bears know it's good value, lol. Don't be short and caught.

[hamhamham1] 22/5/2018 08:03

Steady looking 5 day chart now, hopefully the first small step in the recovery. And the one month chart has flattened
nicely. Time will tell.

[toon1966] 22/5/2018 07:52

Depends on the type of investor you are Diku. Admittedly the BP dividend has not grown in the past few years but there was a hint in the last trading update about further returns to investors. We shall see.

[diku] 22/5/2018 07:25

toon...so would you buy BP now if one is not invested there after a good run just because of the divi attraction?...

[encarter] 22/5/2018 07:20

Why, what % is BP divi?

[toon1966] 22/5/2018 06:58

Diku - BP's dividend is far more attractive.

[minerve] 21/5/2018 23:37

Hey, hey, hey
Here I go now
Here I go into new days
Hey, hey, hey
Here I go now
Here I go into new days
I'm pain, I'm hope, I'm suffer
Yeah, hey, hey, hey, yeah, yeah
Here I go into new days

Hey, hey, hey
Ain't no mercy
Ain't no mercy there for me
Hey, hey, hey
Ain't no mercy
Ain't no mercy there for me
I'm pain, I'm hope, I'm suffer
Yeah, yeah, hey, hey no mercy
Ain't no mercy there for me

Do you bury me when I'm gone
Do you teach me while I'm here
Just as soon as I belong
Then it's time I disappear

[minerve] 21/5/2018 22:55

I'm back! I'm back! I'm back! I'm back! I'm back!

Get up offa that thing,
And dance 'till you feel better,
Get up offa that thing,
And dance 'sing it now!
Get up offa that thing,
And dance 'till you feel better,
Get up offa that thing,
And try to release that pressure!



Ha!
Good God!

[chiefbrody] 21/5/2018 21:46

Topped up. Even the coming final div alone is worth 5%.Long term no brainer.

[diku] 21/5/2018 21:40

Just over 2 years ago BP was trading around 350p...look at it today...so anybody who bought then is still holding has a good opportunity to sell BP and buy into BT...No Advice Intended... notice the correlation between BP & BT...(Oil & telecom sector)...when BP was trading at multi year lows BT was at multi tear highs...now vice versa..

[iceman82] 21/5/2018 21:34

once i can sell cna i will be toping up here

[diku] 21/5/2018 21:32

199.9p?...

[mbmiah] 21/5/2018 18:41

Supposed to say momentarily. Apologies.

[toon1966] 21/5/2018 17:11

'Momentous'? How momentous do you expect the dip under 200p to be??

[mbmiah] 21/5/2018 17:05

Think I'll buy on the bounce. Typically, the mms run the share price down when ppl think it can't. It can and it may well dip momentous below 200.

[montyhedge] 21/5/2018 15:51

235p short term on a run back up. 10.55p divi still to come.

[toon1966] 21/5/2018 15:18

Thanks kmann. Let's hope BT can meet/exceed those EBITDA forecasts!

[kmann] 21/5/2018 14:58

Berenberg repeated a ‘buy’ rating on BT but cut its target price to 260p from 310p and downgraded its underlying earnings (EBITDA) and revenue forecasts.

The broker lowered estimates for 2019 and 2020 by 2% and 4% for EBITDA and by 2% and 3% for revenues, respectively. Normalised free cash flow guidance was reduced by 13% for 2019 and by 22% for 2020.

Berenberg said the downgrade to earnings reflects higher operating expenditure expected at the Openreach network arm.

The broker forecasts underlying earnings (EBITDA) to fall to £7.33bn in 2019 from £7.51bn a year ago. EBITDA is expected to be flat in 2020 before rising to £7.47bn in 2021.

“Part of our Buy case was based on a return to EBITDA growth in 2019/20, which we do not now expect until 2020/21: investors will have to be patient,” Berenberg said.

Openreach costs are forecast to rise as BT invests in upgrading the UK’s broadband infrastructure by replacing aging copper lines with fibre optics to improve internet speeds.

BT plans to roll out fibre to three million premises by 2020.
Financials in decline but valuation appears cheap

Berenberg also noted that BT has faced “significant headwinds” in recent years with public sector contracts ending, accounting fraud in Italy, tightening regulation, slowing consumer telecoms pricing and a pension scheme deficit.

“As a result, its financials are now in decline, rather than growing, causing a de-rating,” the broker said.

However, Berenberg added: “BT’s valuation now appears cheap versus peers, while we see a path to the company returning to growth in revenue, EBITDA and normalised FCF in the medium term.”
Investment case clearer

Its investment case is also clearer as the market now knows the outcome of BT’s pension review, the auction for 4G and 5G spectrum, the Premier League auction and Ofcom’s review into the prices Openreach charges broadband providers, Berenberg said.

“Looking ahead, the investment case is now derisked with the only major events in the next 18 months being the government’s Future Telecoms Infrastructure Review, the 700MHz spectrum auction and Ofcom’s Business Connectivity Market review,” it said.

[montyhedge] 21/5/2018 14:20

Getting paid over 7% while you wait as well.