Bt Share Discussion Threads

[bookwormrobert] 24/1/2017 16:35

Today has been a massive over-reaction to a smallish piece of bad news. It never justified a 21% loss on the day. So, why?

[minerve] 24/1/2017 16:31

Didn't buy today.

More research and wait and see what tomorrow brings.

[philanderer] 24/1/2017 16:29

Not much evidence of shorts closing today

[blueball] 24/1/2017 16:29

I doubt it dear 303p was the bottom.

[montyhedge] 24/1/2017 16:26

I see below 300 tomorrow.

[tony baloney] 24/1/2017 16:18

This might not just be a 'foreign' issue. Remember all those outsourcing contracts with councils which went sour? There were some 'difficult to comprehend' deals undertaken in some of those - watch the news for Liverpool and Lancashire councils, might be further issues emerging with their historical work with BT.

[blueball] 24/1/2017 16:08

Supermarkets to be the next to fall including Sainsburys.

[hubshank] 24/1/2017 16:08

Forecast
Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Mar-17 24,160.45 3,526.07 29.86p 12.8 -1.3 -10% 15.36p 4.0%
31-Mar-18 24,386.24 3,817.03 32.07p 11.9 1.6 7% 16.95p 4.4%
31-Mar-19 24,643.40 4,076.39 33.96p 11.5 2.0 6% 18.65p 4.8%
Current 1 week ago 1 month ago 3 months ago 6 months ago 1 year ago
Revenue (£m)
31-Mar-17 24,160.45 24,117.16 n/a 23,991.99 23,935.76 24,137.33
31-Mar-18 24,386.24 24,219.14 n/a 24,134.61 24,084.75 n/a
31-Mar-19 24,643.40 24,630.99 n/a n/a n/a n/a
Earning
31-Mar-17 29.86p 30.11p n/a 29.38p 29.64p 32.51p
31-Mar-18 32.07p 32.03p n/a 31.92p 32.11p n/a
31-Mar-19 33.96p 34.78p n/a n/a n/a n/a
Dividend
31-Mar-17 15.36p 15.33p n/a 15.46p 15.53p 15.39p
31-Mar-18 16.95p 16.95p n/a 17.13p 17.33p n/a
31-Mar-19 18.65p 18.67p n/a n/a n/a n/a
Recommendations
Strong Buy 10 10 n/a 11 12 8
Buy 3 3 n/a 3 3 2
Neutral 7 7 n/a 6 8 5
Sell 0 0 n/a 0 0 0
Strong Sell 2 2 n/a 3 3 4
No. of Brokers 32 32 n/a 34 38 27
Average Rec 4.92 4.92 n/a 4.78 4.80 4.44
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BT Group Market Data
Currency UK Pounds
Share Price 305.25p
Time 16:05 24/01/17
Change Today -77.30p
% Change -20.21%
Volume 160,387,216
52 Week High 496.00p
52 Week Low 346.70p
Shares Issued 9,958.77m
Market Cap £30,399.13m
Beta 1.13
RiskGrade 107

[essentialinvestor] 24/1/2017 16:00

The dividend funds are usually the big holders here, if Friday's statement
looks OK you may see some of the value funds taking or increasing positions.

[srpactive] 24/1/2017 16:00

Diku

The gold miners rally hasn't even started yet.

ITV surging now, no rush here, BT will be in the doldrums for
months, it will be a traders paradise up until fiscal year
end.

dyor

regards

active

[hubshank] 24/1/2017 16:00

European boss been axed!

[diku] 24/1/2017 15:58

How many people signed off the books/figures without looking?...

[hubshank] 24/1/2017 15:56

books over cooked. Alludes to fact much may have come out of last year's accounts.

27th update one would hope the numbers to be fairly accurate as they say they have already appointed KPMG and that they have done much of the work. Hope I am not being overly optimistic.

[diku] 24/1/2017 15:55

Think BT won't be the last....few more profit warnings to come from FTSE...think Miners could be on the list with such pumped up prices...but the reality might be different..

[essentialinvestor] 24/1/2017 15:55

The question it unfortunately raises is how effective are financial controls
elsewhere in the group.

That at least partly explains the degree of today's fall.

[garyjonesltd] 24/1/2017 15:50

over cooked, inflated figures

[diku] 24/1/2017 15:49

Is it cash that has disappeared or the books just over cooked?...

[suetballs] 24/1/2017 15:49

Heads must roll.
Suet

[diku] 24/1/2017 15:47

Has some of the money out of BT & into AAL & Co?...those Miners have had a ridiculous rally since Feb 2016 & Brexit....

[srpactive] 24/1/2017 15:45

EI

They smell another BP.

[hubshank] 24/1/2017 15:44

BT Group plc had revenues for the full year 2016 of 18.91bn. This was 5.93% above the prior year's results.

so knock of 500m and we are still looking at 18.4bn that is somewhere between last year and 2015 results.

[alphorn] 24/1/2017 15:42

A June 300p put is giving 16p. Tempting?

Harvester - I saw that you posted - any interest?

[essentialinvestor] 24/1/2017 15:38

Those doodle dandies put the L in to litigious.

[philanderer] 24/1/2017 15:30

The ambulance chasers are out already...



SAN DIEGO, Jan. 24, 2017 /PRNewswire/ -- Shareholder rights law firm Johnson & Weaver, LLP has commenced an investigation into whether BT Group plc (NYSE: BT) violated federal securities laws.

On January 24, 2017, BT cut its revenue, earnings and free cash flow forecasts for 2017 and 2018 after finding that inappropriate accounting behavior in its Italian business went far deeper than earlier thought. In October 2016, BT had revealed an initial investigation into historical accounting practices in Italy. Consequently, the size of the write-down on the business has more than doubled.

BT stated that revenue will now not grow for the next two years and earnings guidance was significantly reduced."We are deeply disappointed with the improper practices which we have found in our Italian business," Chief Executive Gavin Patterson said.

If you have information that could assist in this investigation, or if you are a BT shareholder and are interested in learning more about the investigation or your legal rights and remedies, please contact Jim Baker ([e-mail]) by email or by phone at 619-814-4471.