Bt Share Discussion Threads

[montyhedge] 07/5/2020 07:35

What do you reckon guessed boys 85p open.

[dipso] 07/5/2020 07:35

Stop panicking everyone!
The share price is already down to half it was at last years results.
The bad news is already buit in.

[keith95] 07/5/2020 07:34

"EBTIDA just under 8 billion superb, but no dividend, can’t work that one out."

People will have cancelled sporting packages .... while the ongoing cost is?

[milliethedog] 07/5/2020 07:34

IMB next to cut imo.......

[montyhedge] 07/5/2020 07:34

Funny enough figures were good, no dividend, surprised. Unless they got a bid lined up for someone.

[eaaxs06] 07/5/2020 07:33

The only good news I can see from those figures is the talk of diverting the dividend money into establishing a FTTP and 5G network, then embarking on a 5 year modernisation programme.

I can’t see that will save the share price at 8 O’clock.

[careful] 07/5/2020 07:32

no divi.

But eps 17.35p
pre tax profit £2.353 bn.
cost control programme.

Investing for the future big time.
If it falls today we should fill our boots for the long term.

Stupidly cheap.

[tornado12] 07/5/2020 07:31

This will drop 10% , but not sure I will buy more when other shares more lucrative for next 2 yrs. in any case I have a decent holding in BT and when divi restarts (maybe) gives me 5% return. I do think medium term BT will transform but need at least these 2 yrs to make it happen.

[wskill] 07/5/2020 07:27

Something has to be done about this idiotic managment being given free money( our money) for this disgraceful action one of the very few business that covid 19 will have very little effect on ,and these incompetent nincompoops'fail to pay a dividend .

they should be removed from office as soon as possible they are as good at running a company as a chocolate fire guard is at shielding you from a fire.

[sr2day] 07/5/2020 07:27

think it will test 103p again today.

[montyhedge] 07/5/2020 07:26

EBTIDA just under 8 billion superb, but no dividend, can't work that one out.

[unastubbs] 07/5/2020 07:26

this has probably been done with a view to getting some kind of assistance from HMG. business rates relief for example or a less stringent regulatory framework perhaps. paying a dividend simultaneously would have been politically impossible. long term investors (who don't need the income today or next year) will be ok here. i might even buy more if we go under £1.

might...

[dipso] 07/5/2020 07:22

The bad news is already in the SP

[montyhedge] 07/5/2020 07:22

Opening calls what do you reckon,85p ?

[wapper] 07/5/2020 07:21

Oh dear.But not all bad news...investing in future is good for shareholders too. Markets do often surprise us all with response to announcements too. Any serious dip this morning will be met with serious buying too IMO. Keep calm and keep the faith is what I'll be doing.BT Board are taking the gifted opportunity to rebalance dividend policy and to be fair this type of announcement has been in the majority these past 6 weeks. Very brave to state new intentions on dividend going forwards. No point dwelling on it : long term BT are still a screaming buy and we may yet see a relief factor pushing us forwards once market has digested this RNS. DYOR please and GLA.

[amaretto1] 07/5/2020 07:21

It will be hammered

[tornado12] 07/5/2020 07:20

Follows a lot of corporate trends we have seen for divi cut and suspensions. It’s been a gruelling year for us divi investors. Mine are cut by 50% and that really hurts. A good learning point for the future that’s it’s so easy to lose your income when a catastrophic event like crono closed the world markets for at least 6 months.

[amaretto1] 07/5/2020 07:20

The results are bad anyway

[toon1966] 07/5/2020 07:20

Amaretto BT’s share price has been performing poorly for a few years now, so can’t blame divi suspension. Will be interesting to see how market reacts.

[neilrich] 07/5/2020 07:20

Virgin Media and O2 seal £31bn merger
The broadband network and mobile phone company will form Britain's biggest telecoms provider with more customers than BT

[amaretto1] 07/5/2020 07:19

It's a disaster for income investors

[leadersoffice] 07/5/2020 07:19

Shocking news

[unastubbs] 07/5/2020 07:18

i agree owenga, these will get beaten down today and over the next month or so...but then will be the time to buy for the long term. in my view the cut is good news for the company, bad news for me as an income investor...

[montyhedge] 07/5/2020 07:17

Free cash flow over 2 billion and they don't pay a dividend, strange.I thought 50% cut.