Bt Share Discussion Threads

[meb123] 09/6/2018 19:19

I think a lot of the decline in the share price is due to the fact that the telecom sector is out of favour for now . Just look at Vodafone's share price and that is a solid company . Things go in cycles and I suspect we will see a turnaround soon but 80p target is a ridiculous assertion

[diku] 09/6/2018 19:19

Hope monty is not reading all that!...

[neilrich] 09/6/2018 19:12

EE alone contributed £1.353 billion to operating profit.

The Fool pundit suggesting 80p a share...that would put BT Market Cap down at approximately £8 billion.

BT has issues, but nothing compared to the Banks, this is not the next RBS.

[meb123] 09/6/2018 18:53

Where do they get these so called experts from motley fool?Bt is a bit different from where it was in 2009. We had a recession then also .

[pacemaker1000] 09/6/2018 18:25

Completely opposite Fool article to the last one?
Sats if divi drops share price could go back to 80p while others say divi drop will be good for share price
Can’t all be right

[dmf] 09/6/2018 15:05

Is the BT share price heading for 80p again?

[montyhedge] 09/6/2018 12:49

He should pay back bonuses from the last three years.The new man important, right person shares will start rising nicely. Closed 207p last night US, yanks like it.

[dmf] 09/6/2018 12:09

There is media comment that he will lose a £3.5m bonus ........think he lost £3m bonus last year

[toon1966] 09/6/2018 06:56

From the Guardian@ "Patterson will continue to be paid his usual monthly salary until his successor is appointed, after which point he will be entitled to up to 12 monthly payments covering his basic salary, benefits and bonus.
Based on current projections, that means he could walk away with about £2.3m, in line with his salary and bonus last year."

[pacemaker1000] 09/6/2018 00:18

As I can’t sell at these prices I rely on the divi so don’t want it cut. Especially now Plessis has signed off on retaining current level for two years. Relaxation by ofcom or hmc agreement/investment in fibre is needed and tbh the public need to step up too and pay more. Prices at the moment are at bargain levels especially compared to the other utilities. Something for nothing doesn’t work that’s been proved BT isn’t a charity. Wouldnt surprise me if a secret deal has already been made with ofcom hence the new CEO as GP burnt his bridges.
Why should shareholders pay for fibre? £3 could soon arrive reducing the divi to a less attractive 5% and back to standard FTSE levels anyway
Door now open for Bt, ofcom and hmc To all save face and give the country what it needs.
Ps Sharron White would make an excellent choice for CEO ...lol

[nige co] 08/6/2018 21:44

ADR closed equivalent to 207p.

[nicholasblake] 08/6/2018 21:10

Based on most recent HSBC figures I've seem forecast normalised NPAT for 2019 is expected to be around £2.9bn. On that basis div cover just under 2x, which is quite robust. Companies with sizable pension schemes/deficits need to tread warily before cutting divs much -- because of pension contribution affordability rules most schemes will have their hands out for anything not required for shareholders.
Compared to other FTSE regulated entities BT's combined debt/pension liability is not particularly high, so debt repayment unlikely to be value accretive.
The 'game' is really the fibre rollout. The government is long on pronouncements, many of them fatuous. However, the reality is that if it wants the pace of rollout to step up more it needs the regulator to allow attractive rates of return to be available on the INCREMENTAL expenditure. Bear in mind all the players are prioritising the low hanging fruit.
Were such a development to occur (i.e. compelling rates of return on extra investment required for faster rollout) I'd expect a temporary div cut, but the market to react very positively owing to the implicit growth expected.

[nw99] 08/6/2018 20:42

Good for BT safe haven defensive stock

[davidbennett] 08/6/2018 19:46

Thanks Monty

[hamhamham1] 08/6/2018 19:30

Off topi. All those incentives to buy could come back to bite people...

[montyhedge] 08/6/2018 19:30

About 207.5p at the moment I worked out.

[montyhedge] 08/6/2018 19:27

1 BT ADR share equal 5 BT ordinary shares. Then of course exchange rate.

[davidbennett] 08/6/2018 19:21

Pacemaker1000

How do you calculate the sterling equivalent of the ADR please?

Cheers
DB

[eaaxs06] 08/6/2018 19:00

What the hell is BT doing, keeping Gavin Patterson on until they find a replacement CEO? Have they completely lost the plot?

The man has been sacked; he’s obviously bitter about it and won’t give a stuff what happens to BT now, as he won’t be working for them in 6 months time. Who in their right mind would leave any sacked man working for any company, but as CEO? It’s unbelievable.

Get him out straight away; appoint an acting CEO, someone who will still be working for the firm by the end of the year. At least they will have a vested interest in doing their best for the company to further their career in it.

[pacemaker1000] 08/6/2018 17:56

ADR now 207 so aftermarket trades must be encouraging?

[montyhedge] 08/6/2018 17:54

11th July AGM shame not in London, I would attend and say good riddance GP, he's a Liverpool supporter I knew he would drop the ball, just like their goalie in the Champions Leaque Final, lol

[andycapp1] 08/6/2018 17:45

Chairman owns business plan, ceo executes it.

[andycapp1] 08/6/2018 17:44

What exactly are you expecting? It’s about right. Until mkt knows the new plan it’ll tread water.