Bt Share Discussion Threads

[dynamic2005] 20/2/2017 08:04

This is more like it.Enjoying the ride back up towards where it belongs, i.e. 400+Good luck all.

[montyhedge] 20/2/2017 08:02

If we break 325p and hold this week, next trading range will be 350p - 360p.Even then still ridiculous cheap.

[blueball] 20/2/2017 07:46

Probably not.

[oakville] 20/2/2017 07:29

Does Trump know? !!!!

[blueball] 20/2/2017 07:21

Wall St closed today.

[fez77] 19/2/2017 17:56

British Bulls:-
BT GROUP
Last Signal:STAY LONG
Last Pattern:NO PATTERN
Last Close:316.1000 Change:+3.6000 Percent change+1.15% Signal Update Our system’s recommendation today is to STAY LONG. The previous BUY signal was issued on 03/02/2017, 14 days ago, when the stock price was 307.1400. Since then BT-A.L has risen by +2.92%.Market Outlook The market is not rosy but our bullish bet is still valid.

Financial Times:-
As of Feb 18, 2017, the consensus forecast amongst 23 polled investment analysts covering BT Group plc advises that the company will outperform the market. This has been the consensus forecast since the sentiment of investment analysts improved on Jan 25, 2017. The previous consensus forecast advised investors to hold their position in BT Group plc.
The 23 analysts offering 12 month price targets for BT Group plc have a median target of 400.00, with a high estimate of 580.00 and a low estimate of 270.00. The median estimate represents a 26.54% increase from the last price of 316.10.

[nasdaqpat] 19/2/2017 15:44

harvester, fair comment generally apart from the old chestnut about selling shares and buying back after future price drops if one has a strong and firm belief that recent gains will soon be reversed...that approach is a recipe for frequent frustration & disappointment and suggests an insight that no ordinary investor possesses. No, people should Buy shares hoping - but not expecting - the share price will go Up and Add to their holding if the price becomes more attractive and the investment case still stacks up.

Also, why do people continually refer to the Italian debacle when the main reason for the BT.A share price weakness, IMHO, was the accompanying profit warning given by Gavin Patterson within the 24 Jan announcement:-
"Looking ahead, however, the outlook for UK public sector and international corporate markets has deteriorated. 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 EE."

[longshanks] 19/2/2017 11:54

Oakville - don't be so ingenuous.For some time you kept on posting bearish posts predicting catastrophic ruin. You now only post positive claptrap.You must be really dim to think that the market in BT.A shares moves to your tune and that your posts aided you in "getting the best price". It is either that, or as Brando suggests, you have a bipolar disorder with a damaged reality.

[harvester] 19/2/2017 10:49

Youna: your option trading strategy generates a lot of trading activity with
multiple trading costs. I like to keep it simple .

Nasdaq:
re 943: in my recent posts I acknowledged that recent gains are moderate in comparison to the dramatic price drop following the Italian debacle disclosure.
However, the relatively small gains were achieved in high volume trading and have established a small but consistent upward trend after weeks of narrow range gyrations.
You are entitled to express your bearish views as much as I my more bullish ones. We all like to hear opinions which reinforce and support our own beliefs, even more so when it aligns with our financials interests but expressions of contrary views make for a more balanced discussion.
If you hold BT shares but have a strong & firm belief that recent gains will soon be reversed , then the obvious action is to sell at current prices and buy back after future price drops or even trade derivatives which give leverage to benefit from such expected drops !
My recent share buys and option derivative trades back up my mildly bullish beliefs. As said, I also feel encouraged by the multiple BT director share buys. They clearly feel there is scope for recovery and upward revision .

[oakville] 19/2/2017 09:25

Why you ask Brando, because I get frustrated at the slow response to BT moving back to decent levels, but giving the impression I want them to go down? Lol I hold 6300 shares at an average of £3.09 so clearly want them to go up, but frustrated when they don't.

[stoxx67] 19/2/2017 09:17

markets are all about opinions.. hence two way pull on price..

my own position is that BT is a buy on both a fundamental and technical standpoint...as such, i am happy long.

[bridgecottagedancer] 19/2/2017 08:59

Bloomberg reckon BT is now way under valued. Should be trading around £3.80 !!

[brando69] 18/2/2017 22:38

oakville, are you bipolar?

[pierre oreilly] 18/2/2017 17:03

943

A pessimistic shareholder. When it goes up a few p, it's no good because it's going to go down again. Just what are you invested here for Pat if everything is so gloomy? Do you invest in shares you think are going down in price? (Tat's rhetorical, you have stated indirectly that you do).

You talk about 'waves'. Well usually analysis of data suspected of having wave components is frequently done with a basic Fourier analysis to easily show all sinusoidal components. I wonder if you, or in fact any chartists mulling over 'waves' have done such basic analysis?

[younasm] 18/2/2017 16:55

Harv, I generally buy spare cover before short selling calls / puts --- i then wait for the right price to sell against them --- makes sense for me to short 320 calls to recover my outlay and make small profit at expiry.Unfortunately I am not that good with my predictions-- been trading long enough to know that's shares will go in both directions over the 1-3 month period.

[nasdaqpat] 18/2/2017 13:05

What breakout!

People are deluded if they think a few pence rise for BT.A shares constitutes a significant turn in share price performance. All that has happened is that it has now advanced 6.2% from the 25 Jan low of 297.8p (intraday) to yesterdays 316.35p intraday high. Virtually every share (including those going down) will regularly put in such an advance and odds are it will turn out to be what I call a Phantom wave only to be followed by a lower low in a few days/weeks time.

As a holder, I hope I'm wrong but some of you guys are taking glass half full to ridiculous lengths. If it puts in a decent size wave, say 12% and reaches 333.50p+ then there may be some cause for optimism.

[harvester] 18/2/2017 10:40

Youna:
I hope your call calendars have a net long position which now seems the safer option.
You don't want to stand in the way of the galloping herd, even if in the BT case it still is a slow gallop. I am not sure where the new support level lies but my guess is around 310/313 after the breakout . After yesterdays strong performance on a significant day (Friday & option/future expiry) it is likely that 320 will be reached in the not too distant future (February/March) .
While volatility is low & the premiums not great, the risk/reward seems to favour written BT puts since , as you know, there is no up-front outlay and time value works in favour of OTM& ATM sold puts .
I find the substantial directors buys(quite a few at or near market price) significant. I have rarely seen such concerted directors buys. Most of the times you see directors buying via subsidised share options .
With respect to my sold Dec 300 put options (25.15 premium) : if I was "forced" to buy ,I would be happy to add BT shares @ net 275 in the unlikely event that the option buyer exercises against me .

[oakville] 18/2/2017 06:07

Going short? Mega gamble !

[younasm] 17/2/2017 19:21

Harv, I bought back Feb 310 calls and sold to close march 300p calls --- reducing my long positions gradually.Will be going short of March 320 calls next week if sp=320+Good luck.

[oakville] 17/2/2017 18:29

Decent week in the end.

[ny boy] 17/2/2017 18:28

Stockriser.. oh yeah forgot about PVR, holding many in my portfolio.

This one needs to close above 325/330p to get back into the channel again.

Looking good today, another one that is on the overseas predator list. I think many overseas predators are waiting for 110/115 against the $US or parity against the Euro, it may come later this year.

Potential for a nice run up after the Italian accountancy debacle

[fhmktg] 17/2/2017 17:28

EE director buys as well 30k+

[blueball] 17/2/2017 17:18

stay long.

[harvester] 17/2/2017 16:44

Breakout from previous narrow trading range now seems confirmed .
Very slow but steady recovery from earlier dramatic price drop.
Share buys below 320 will reap rewards for long-term investors. Forced closures of short-sell positions hopefully will add to the momentum.