Bt Share Discussion Threads

[toon1966] 31/10/2019 16:11

HL Research update -

[stokiematt] 31/10/2019 12:58

@mr_rooster, thanks for that. I thought that would be the case.

Interestingly, it makes it harder to determine if actual debt actual rose over the period.

[leedslad001] 31/10/2019 12:18

£2.50 is my first target price

[holly1000] 31/10/2019 10:59

As a BT employee I have noticed a culture change , much more focus on waste and customer satisfaction. You can go into any EE/BT store and get help with your phone whoevers network your on! Who else does that! the future looks bright and I'm increasing at every dip in share price .

[pineapple1] 31/10/2019 10:35

A useful article regarding IFRS16 .
Applies to BT as much as retailers and off balance sheet operating leases visible on the balance sheet appearing to show debt levels have increased.

[leedslad001] 31/10/2019 10:25

Brokers say whatever is best for their position never take any notice of them and have always done well!

[cautious7] 31/10/2019 10:07

Here

hxxps://www.youinvest.co.uk/articles/stockmarketwire/179982/broker-forecast-ubs-issues-broker-note-bt-group-plc


DYOR

C7

[cautious7] 31/10/2019 10:05

Hi

Some broker i think is prediciting 160p and i agree with them. Therefore think hard if to sell, add, or hold. if i was in here i'd sell 50% and hopefully buy at much lower prices

DYOR

C7

[mr_rooster] 31/10/2019 09:46

Stokiematt, thats because of moving to IFR16 accounting. You can find reasons for higher debt due to IFRS16 in the final report released earlier this year.

[stokiematt] 31/10/2019 09:30

Can anyone explain the jump in net?

Net debt(2) - 18,347 11,895

Looks like a rise of nearly 7 billion. The (2) doesn't really explain it.

[eaaxs06] 31/10/2019 08:31

I was fearing the worst just after the opening, when the shares were off nearly 5 to 197, but it now looks like a few investors are appearing, taking a longer view of the company’s prospects.

[waldron] 31/10/2019 07:50

proactive investors



Calum Muirhead

07:35 Thu 31 Oct 2019
viewBT Group PLC
BT reports flat profits in first half; maintains full-year guidance as cost cuts offset lower revenues

The FTSE 100 telecoms group reported a pre-tax profit of £1.3mln, the same as the prior year, while revenues fell 1% to £11.4mln
BT Group PLC - BT holds steady in first half; maintains full-year guidance
The group is targeting over £1.1bn in annualised cost savings

BT Group PLC (LON:BT.A) has held fast in its first half with flat profits as lower revenues and higher fees were offset by cost savings from its transformation programmes.

For the six months ended 30 September, the FTSE 100 telecoms group reported a pre-tax profit of £1.3mln, the same as the prior year, while revenues fell 1% to £11.4mln as a result of legacy products and a reduction in low margin business.
READ: BT sells fleet business to Aurelius Group in ongoing "transformation"

The interim dividend also held steady at 4.62p per share.

Looking ahead, BT’s chief executive Philip Jansen said the firm was “on track” to meet its full-year outlook and that the performance so far this year had been in line with expectations.

He added that the group had accelerated the rollout of its 5G and fibre internet products and was in talks with the government and regulators to “stimulate further investment in full fibre [internet]”.

Jensen also said the group would “continue to make progress” with its modernisation agenda, which is targeting over £1.1bn in annualised cost savings.

In early October, BT sold off its fleet management business to European investor Aurelius Group as part of its cost-cutting efforts.

[nige co] 31/10/2019 07:45

Slightly beat market expectations. My share price guess, shares up 8p @210p.

[spacecake] 31/10/2019 07:23

Little to get excited about from todays update.

[fhmktg] 31/10/2019 07:19

Thanks dipso, I panicked too soon!

[dipso] 31/10/2019 07:14

Interim divi is always fixed at 30% of previous full year.

[fhmktg] 31/10/2019 07:09

Not today.....divi cut.

[dipso] 31/10/2019 06:22

Yes you are right mr rooster, I'd forgotten about that rare event.
Let's hope it's repeated today.

[mr_rooster] 30/10/2019 18:38

DISPO, half year results Oct 2018, share price went up 11% on the day.

[dipso] 30/10/2019 17:24

I can't remember the last time BT shares went up on results day.

[nige co] 30/10/2019 17:15

Time will tell guys, I'm optimistic about the results tomorrow. He says with his fingers crossed.

[guss] 30/10/2019 16:33

BT always goes down after good figures and it goes down more after bad ones.

[mbmiah] 30/10/2019 16:27

Just looking at the 3 year chart - it's at that level where only very good figures can take it up. Could happen I suppose.

[nige co] 30/10/2019 14:44

With all the broker doom and gloom, BT are sure to go up then when they release results tomorrow.