Bt Share Discussion Threads

[essentialinvestor] 25/1/2017 17:40

Just hope the ..wider review across the Group... does not uncover
anything else.

[mj19] 25/1/2017 17:38

He is also saidBT also spooked investors with a cautious trading update in today's announcement, saying "the outlook for UK public sector and international corporate markets has deteriorated."The group added: "For Business and Public Sector, this means we now expect a double-digit year on year percentage decline in Q4 underlying EBITDA adjusted for the acquisition of (mobile phones provider) EE."

[jenny tulwought] 25/1/2017 17:29

Message to the troops from Gavin Patterson:




To: Everyone in BT
From: Gavin Patterson, chief executive officer BT Group
Status: For information

Yesterday was a difficult day for all of us. It created headlines that none of us are proud of and I’m extremely disappointed as I know you are too.
As I’ve said, the announcement about our Italian business was a result of inappropriate behaviour by a few, which we have acted on. Rest assured we’ve taken immediate steps to strengthen the financial processes and controls in our Italian operation and people have left the business as a consequence. We’re also conducting a wider review across the Group to do everything we can to prevent this happening again.
We know the vast majority of our people want and will do the right thing, but this highlights the necessity for us all to work in an ethical way at all times.
Our business though, despite these findings, remains fundamentally sound and as you will hear from me on Friday when we announce our Q3 results, we’ve performed well in a number of areas of the business. Excluding the financial impact of the Italian investigation we still expect our Q3 results to be broadly in line with market expectations.
The situation in Italy, which we are taking very seriously, is in reality an isolated issue and we should not allow this to distract us from delivering what we’ve set out to do as a business - which is to deliver for our customers and grow sustainable, profitable revenue. I’m confident we can do this by staying focused on delivering against the priorities we’ve already set out.
Together let’s make this business one we can continue to be proud of.

Gavin.


Sent by Group Corporate Affairs | Enquiries: [e-mail]

[teamwork1] 25/1/2017 17:28

They said not going to cut

[mj19] 25/1/2017 17:20

Reporting on Friday hope they don't cut divi

[diku] 25/1/2017 15:45

Shareholders don't own the company...only the paper with a number!...insiders own the company!...

[wipo1] 25/1/2017 15:43

Like Max Keiser says, you're buying paper who knows what it's worth!

[wipo1] 25/1/2017 15:32

Who cares Portside, the stock market is a casino, you pay your money you take your chances.

[montyhedge] 25/1/2017 15:23

If Paterson survives this I will be amazed and I like him, £8 billion loss of value in a day, incredible. Fund managers want answers.

[mbmiah] 25/1/2017 15:19

You don't get it, Patterson didn't know the Italian side existed lol

[srpactive] 25/1/2017 15:15

All listed bosses should be made to buy
options every single year to give a balanced
situation. Only giving them the option to exercise
when all goes well and the chance to walk away
unscathed if all goes wrong is not right.

[srpactive] 25/1/2017 15:12

Due to all ftse bosses getting paid for failure,
how massive will BT's ceo pay packet be this year,
obviously that will include a golden goodbye?

[montyhedge] 25/1/2017 15:10

A blue chip company cannot lose £8 billion in one day and no heads roll.

[essentialinvestor] 25/1/2017 15:05

Also my fist name, would expect his balance is bigger than mine.

[minerve] 25/1/2017 15:01

Nice hair do though and a cute bank balance. LOL

[montyhedge] 25/1/2017 14:56

Gavin Paterson took he's eye off the ball. If not sorted out he is a dead man walking.

[montyhedge] 25/1/2017 14:54

Yes Gavin.

[srpactive] 25/1/2017 14:52

Did the dead cat have a name?

[minerve] 25/1/2017 14:46

GOING DOWN!

NEXT STOP SUB 300.

290 - is my guess.

Happy New Year from Gavin! LOL

[philanderer] 25/1/2017 14:37

BT Group plc could now offer an opportunity that's too good to miss

[brando69] 25/1/2017 14:36

this notion of wall street creating a spike... bunkum. usa opens just brings new wave of sellers