Bt Share Discussion Threads

[loganair] 25/8/2019 10:50

The whole US, China trade spat is really about technology and which country will be the technological superpower over the next 50 years.

[loganair] 25/8/2019 10:40

If the dividend is cut to 10p will still mean yielding 6%, better than any savings account where they call 1.5% as a top notch rate of interest.

[ariane] 25/8/2019 10:30

STOCK WATCH: Is BT about to cut its dividend? Recruiter Hays set to report amid possible jobs slump while Peppa Pig owner could see counter bid

By Jamie Nimmo For The Mail On Sunday

Published: 09:54 BST, 25 August 2019 | Updated: 09:54 BST, 25 August 2019

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It's been the year of the dividend cut for some of Britain’s best-known blue-chip companies.



British Gas owner Centrica, Marks & Spencer and Vodafone have all given their shareholder payouts a trim this year.

Are we about to see BT follow suit? Speculation is mounting in the City that the former state-owned telecoms giant will do just that.

Analysts at UBS predicted that BT’s chief executive Philip Jansen would cut the dividend by a third.


Analysts at UBS predicted that BT’s chief executive Philip Jansen would cut the dividend by a third.

And analysts at UBS added to that on Friday when they predicted that BT’s chief executive Philip Jansen would cut the dividend by a third.

Jansen, who took over from Gavin Patterson earlier this year with a repair job on his hands, pledged to hold the dividend for this year and next at 15.4p a share, which is worth £1.5 billion, but did warn he could reduce it to fund his plan to connect 15 million homes and businesses in the UK to superfast broadband by the mid-2020s.


UBS analyst Polo Tang reckons the dividend will drop to 10p per share in 2021, saving BT around £500 million.

That spare change will come in handy when BT splashes the cash to fund Jansen’s ambitious full-fibre plan.



Hays

Recruiter Hays is set to report its annual results on Thursday, and they will make for interesting reading after signs of a slump in the jobs market.

It’s not so much the results that investors will hone in on – they shouldn’t throw up too many nasty shocks along the way – but the outlook they will focus on.

Analysts will want to know whether the recent slide seen by the employment sector has got worse, which will shed light on the state of the economy as a whole.

A pick-up since Hays reported on trading six weeks ago could also boost the recruiter’s shares, which have suffered since then.
Peppa Pig

Entertainment One, the film and TV production company behind Peppa Pig, became the latest listed company to reveal that it will fall into the hands of foreign buyers last week as it agreed to a £3.3 billion takeover by American toy maker Hasbro.

The deal to buy out Entertainment One’s shares at £5.60 each in cash helped the share price spike 31 per cent on Friday.

However, they ended the day at £5.82, which is comfortably higher than the offer price.

This suggests that investors feel a bidding war for the company could yet break out.

Could a rival bidder come out of the woodwork this week?
Pernod Ricard

Pernod Ricard may be a French spirits maker listed in Paris, but investors in London should keep an eye on its annual results this week.

That’s because the performance of the company usually moves shares in Diageo, the London-listed firm behind Johnnie Walker whisky and Smirnoff vodka.

Earlier this year, it was rumoured that Diageo was weighing up a takeover of Pernod Ricard, whose tipples include Jameson Irish whiskey.

Speculation has died down in recent months, but if Diageo is interested, any fall in Pernod Ricard’s shares after this Thursday’s results will make a takeover cheaper.

[maywillow] 25/8/2019 09:34

Beating expectations

FTSE 100 telecoms giant BT (LSE: BT.A) has also not been having a good year with its share price down by 32%. Given that the company is now exceeding analysts’ expectations and has a new CEO, I think this fall looks overdone. Analysts at Jefferies have a price target of 325p on the shares against a current price which is near to half of that.

With a P/E of only six, I think expectations for BT are extremely low. That creates a situation where if the fairly new CEO can turn things around, then there could be a lot of upside for investors. For example, 5G creates an opportunity for EE – which BT owns – to increase revenues and profits and the company has successfully launched the UK’s first 5G mobile network in six cities.

The FTSE 100-listed company reported profit before tax of £642m for the three-month period ended 30 June, this was down 9% against the same period last year. But the telecoms company is on course to meet its full-year targets and the profit was greater than was expected – even though it fell.

Although I still have some concern that a dividend cut may be just around the corner at BT, overall I think it’s starting to look too cheap to ignore, as shown by the low P/E.


THE MOTELY FOOL

[diku] 24/8/2019 22:33

It is as though company and share price are 2 different entities...and they only marry together on results day...day after they fall apart again...




careful
24 Aug '19 - 10:49 - 32899 of 32900
0   0  0



Companies used to be valued on a present day value discounted cash flow analysis.

Now trend following high frequency trading has nibble, about 1 million times a day on the way down.
A gain of 0.5% after the days work is a stellar performance.

They do not need to even know what the company does or what are its prospects.
The trend curve will do, direction doesn't matter.

Long term investors should do well out of this.
What will be the total return of BT over 10 years?

Much better that the property market for certain.

[mercedes] 24/8/2019 10:58

At this price I do not think anything is certain. Unbelievably undervalued in my opinion but hey I’m down over 20k on this stock? Good for the long term just hope I’m still around to see it???

[careful] 24/8/2019 10:49

Companies used to be valued on a present day value discounted cash flow analysis.

Now trend following high frequency trading has nibble, about 1 million times a day on the way down.
A gain of 0.5% after the days work is a stellar performance.

They do not need to even know what the company does or what are its prospects.
The trend curve will do, direction doesn't matter.

Long term investors should do well out of this.
What will be the total return of BT over 10 years?

Much better that the property market for certain.

[amadeus888] 24/8/2019 08:24

Didn't think this one would sink so far below 200p.

[loganair] 23/8/2019 23:37

At that price and assuming a 50% cut in the dividend will give a yield of 5%.

[diku] 23/8/2019 23:28

If you guys remember when it first hit 202p in May 2018...it then rallied to 268p by Nov 2018...the gain of 66p...now that the price has gone below the initial 202p lows if you deduct that 66p from 202p you get 136p...I have heard this sort of workings done by chartist few years ago...is this how Bloomberg chartist figure of 136p stacks up?...




oakville
23 Aug '19 - 16:47 - 32890 of 32895
0   0  0



Bloomgerg calling BT bottom at around £1.36 so getting closer.

[boytoy] 23/8/2019 20:52

Yey, well let’s hope it Openreach then soon and double your holdings....

[dipso] 23/8/2019 19:25

one for one shares allocated in O2 when it was floated.
they were taken over at £2 a share a few years later, so original holders (myself included) got all their money back plus a profit.

[loganair] 23/8/2019 18:01

In the latest Which? survey for Customer Services BT came near the bottom.

[careful] 23/8/2019 16:59

A staggering collapse from £5 in under 4 years.
So much for a buy and hold strategy.

Interesting 10 year investment compered to risk free gilt returns.
Or a 20 year annuity.

The valuation rules are being re written. no one takes a long term view.
Stupidly undervalued, we should be filling our boots here.

I suppose Bloombergs 136p is from studying the curve.
Trend is down.

[oakville] 23/8/2019 16:47

Bloomgerg calling BT bottom at around £1.36 so getting closer.

[sr2day] 23/8/2019 14:59

if ftse retrace to 6600 I can see share price at 130p.too much debt and pension commitments.

[mbmiah] 23/8/2019 14:41

Somebody is dumping stock.....DT??!!!

[the_boy_plunger] 23/8/2019 09:10

BT to hold 1.58-1.60 for pot. reversal?!

[diku] 22/8/2019 21:57

Some of these FTSE shares are a soft touch shorters paradise from across the pond...

[justiceforthemany] 22/8/2019 15:41

Highly suspicious intra-day swing to the downside again...FCA are you watching?

& why is BT Group not even listed on the FCA short tracker?
In US showing 2% short.

[careful] 21/8/2019 15:54

Share price evaluations are arbitrary, defy analysis.

If BT pay a 5%+ dividend for the next 10 years we should all be pleased.
Some long term government bonds are negative.

[the_man_with_the_pink_gun] 21/8/2019 15:45

STRONG SELL


TARGET £1.47P