Bt Share Discussion Threads

[garycook] 22/1/2020 01:44

160p coming,next Thursday 30th,after Q3 figures announced !

[holly1000] 21/1/2020 21:28

I know what you mean ? keep the faith! I know BT from the inside and the last year things have changed I'm investing as I know it will fly soon?

[diku] 21/1/2020 20:29

For somehow BT is the only company in the whole wide World that has a pension issue...never hear about any other company with pension issue...it is like a permanently virus attached to BT only...

[boytoy] 21/1/2020 19:15

FFS, you need to understand that BT is embarking on the biggest build in the history of telecoms.....
And it ain’t going to finish any time soon, in fact it’s going cost upwards of 30billon bucks.
So rocky times ahead............

[bargainbob] 21/1/2020 18:59

Monty you. Still holding

[gilesy] 21/1/2020 15:35

sold my last chunk today at 1.79 as cant see any good future due to massive debt position and pension deficit is staggering

[essentialinvestor] 21/1/2020 15:25

When BT have paid dividends, CAPEX and payments towards the pension
recovery plan it more than uses up cash flow generated - which is why
Net debt is increasing. It also helps explain the current share price

FY 2015 their net debt was a little over £5 billion.
FY 2019 that had increased to over £11 billion (not including lease liabilities).
Neither of those figures include the pension deficit.

[toon1966] 21/1/2020 14:59

Still waiting on that FCF question.

[essentialinvestor] 21/1/2020 13:53

The BT pension recovery plan and CAPEX are eating up their cash flow.

There may be confusion about this as some articles on BT Exclude the pension
payments when looking at cash flow.


For anyone particularly interested:

[george stobbart] 21/1/2020 13:44

The only possibility of BT surviving a default, is a 2024 Labour government with Starmer bailing out existing shareholders by giving them Gilts.

In 2024, price of BT will be 30p.

[diku] 20/1/2020 19:07

If life has become too comfy why would they leave...




Moreover, none of his executive committee have left since he started, the analysts added in a note to clients.

[dmf] 20/1/2020 16:28

I think BT FCF around £2bn!

[toon1966] 20/1/2020 14:44

Essential - could you please elaborate further on your 'free cash flow' comments?

[essentialinvestor] 20/1/2020 14:17

Future free cash flow is how you usually value a business, as BT is not
generating free cash flow currently (which is why debt is rising)
it's not possible to value atm imv.

[toon1966] 20/1/2020 14:09

BT’s quarterly update to be “uneventful221;, says Berenberg -

BT Group PLC (LON:BT.A) is to release an “uneventful221; update on 31 January, analysts at Berenberg believe, although they expressed their support of the work so far of the telecom group's chief executive, Philip Jansen as he approaches the first anniversary of having taken the helm.
The German investment bank's analysts expect BT's revenue and underlying earnings (EBITDA) for the third quarter to decline by 1.7% and 3.7% respectively.
February 1 will mark Jansen's first year of tenure, and the analysts said they think he has been “very visible, energetic”, but believe he could have gone “further and faster in taking control of the narrative around fibre”.
The analysts noted that Jansen increased employee engagement by giving every member of staff £500 in shares and positively navigated the UK political turmoil last year by engaging with both the Conservatives and Labour.
Moreover, none of his executive committee have left since he started, the analysts added in a note to clients.
However, they think the FTSE 100-listed firm could have made a larger, longer-term commitment to Ofcom’s regulatory framework for full-fibre broadband after the March consultation.
The analysts noted that a new meeting this month will provide further clarity, and BT could take a stance in its full-year results in May even though it would hit the group's share price.
Berenberg reiterated a ‘hold’ rating on BT with a 220p price target. The shares were trading 2% lower at 181.28p on Monday.

[dmf] 20/1/2020 13:36

Likely to 'test' 2019 low.....160 likely !

[nige co] 20/1/2020 07:46

SR, BT are undervalued to the extent of being very cheap.

My reasons for holding BT are 1) Dividend yield. 2) Assets worth more than the market are valuing them right now. 3) Good long-term growth potential with Fibre broadband.

Time will tell who is proved right, I have time on my side and willing to wait for the market to realise the true valuation of BT. JMHO of cause.

[sentimentrules] 19/1/2020 15:47

Well BT has only one chance left. The fixed line sector is at a local double bottom. A weak two day support where can only see telecom plus and helios really benefiting if a real bounce

BT hit a local double bottom same time so .. looking at data, don't think it's gonna stick . The others are very small cap in comparison so don't know if it's sector driving the BT two day bounce of other way around or both

If it's BT double bottom driving it it's just retail. Won't last

[bargainbob] 17/1/2020 22:08

Thats why i invested number 1trader.

[montyhedge] 17/1/2020 16:36

Your be waiting a long time, BT best punt on the FTSE.

[bargainbob] 17/1/2020 15:08

Everyone waiting on the sidelines until Monty goes negative 🛀

[essentialinvestor] 17/1/2020 14:59

Realise that post perhaps sounds a bit glib, however the share price tells a similar tale.
If BT rebased the payout, which would remove uncertainty, would be a decent
starting point.

[diku] 17/1/2020 14:49

monty...please don't forget to ring the bell for the buy case...




EssentialInvestor
17 Jan '20 - 12:25 - 33814 of 33815
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For a sustained share price recovery there needs to be a buy case, I can't see it.

[montyhedge] 17/1/2020 12:33

BT missing the FTSE 100 party these should be a lot higher in my view.

[essentialinvestor] 17/1/2020 12:25

For a sustained share price recovery there needs to be a buy case, I can't see it.