Bt Share Discussion Threads

[eaaxs06] 11/5/2017 08:15

Relief rally? It's down 4 at 307, monty.

Good job the big boys liked it?

[kitbag1984] 11/5/2017 08:11

Monty are you and Jim black the same person? So as to make it less obvious when you next flip flop?

[montyhedge] 11/5/2017 08:10

I reckon after Paterson done the rounds, conference call later.I would not be surprise to see this up at the end of day.

[montyhedge] 11/5/2017 08:05

Big boys like it, relief rally, Gavin impressive on Bloomberg,Conference call 9am.

[boonboon] 11/5/2017 08:01

Pensions are a minefield, IMO the deficit is currently artificially high due to low gilt yields and overhyped life expectancy. It won't take much for the deficit to reduce dramatically. HTtps://www.pwc.co.uk/press-room/press-releases/310bn-could-be-wiped-off-uk-pension-deficit-by-life-expectancy-changes-according-to-pwcs-skyval-index.html

[jimblack513] 11/5/2017 07:58

The pension deficit has increased by £2.4 billion in 12 months. Hidden away in the notes. I wonder why they didn't put that in the headlines.

[jimblack513] 11/5/2017 07:56

Pensions (Note 5 to the condensed consolidated financial statements)

The IAS 19 net pension position at 31 March 2017 was a deficit of £7.6bn net of tax (£9.1bn gross of tax), compared with £5.2bn net of tax (£6.4bn gross of tax) at 31 March 2016. The increase is predominantly due to the fall in the real IAS 19
discount rate. Based on the position at 31 March 2017, the 2017/18 operating charge is expected to increase by around £100m year on year, impacting EBITDA, primarily reflecting the decline in market conditions, our re-assessment of the
demographic assumptions and the impact of membership experience adjustments. The higher deficit will also lead to an increase in the pension interest expense within specific items to c.£220m in 2017/18 from £209m this year.

[toon1966] 11/5/2017 07:55

4000 job cuts will cost £300Million over the next two years.

[eaaxs06] 11/5/2017 07:52

Looks like someone is getting worried, holding shorts over a results day.

[pagwarrior] 11/5/2017 07:47

BT Group plc (BT_A.L, BT) reported pretax profit of 2.35 billion pounds for the year to 31 March 2017, down 19 percent from 2.91 billion pounds a year ago. Earnings per share were 19.2 pence, down33 percent from 28.5 pence last year.

Adjusted pretax profit for the year increased 5 percent to 3.53 billion pounds, while adjusted earnings per share were 28.9 pence, a decrease of 9 percent over the prior year.

Adjusted EBITDA was 7.65 billion pounds, up 18 percent from last year.

Revenue for the year rose 27 percent to 24.06 billion pounds from 19.01 billion pounds a year ago. Adjusted revenue was 24.08 billion pounds, an increase of 28 percent from last year. Change in underlying revenue excluding transit was a decline of 0.2 percent.

[jimblack513] 11/5/2017 07:45

The regulators need to look at this company. With the pension deficit ballooning why are they paying ANY dividend at all? I rate these shares a strong sell.

[moretimeforlife] 11/5/2017 07:36

2-3% rise today would be a positive sign of institutional support.Good luck all.

[montyhedge] 11/5/2017 07:35

Yes Snapchat worth billions and reported revenue not profit of £150m. Companies would die for BT's free cash flow.

[dr biotech] 11/5/2017 07:33

Headline on CNBC is dividend disappoints. Looks like a down day 😟

[blueclyde] 11/5/2017 07:32

I will be buying more this morning. Look at the market cap of Netflix which makes no profit. You can buy the UK's entire telecoms infrastructure AND tv sports channel for 30 billion here and get a 5% yeild! Way too cheap! It's on a PE of 10 should be at least 15 imo.

[montyhedge] 11/5/2017 07:31

Interesting when guy on Bloomberg asked Gavin about a bid, is BT a target, he said you can never say never. Come on Deutsch Telecom cheap as chips, lol.

[moretimeforlife] 11/5/2017 07:28

Outlook should underpin higher support level.Our outlook for 2017/18 is now as follows: Change in underlying revenue2 excluding transitBroadly flatAdjusted3 EBITDA £7.5bn - £7.6bnNormalised free cash flow1 £2.7bn - £2.9bnDividend per shareProgressiveShare buyback c.£100m

[montyhedge] 11/5/2017 07:21

That's why shareprice fell from 455p to 310p. Surely all in the price 5% yield and growing dividend.

[younasm] 11/5/2017 07:21

The share price is already quite low, it should hold the support at 300p --- but I can't see anything for quick recovery to 400p.Probably close the day around 310p.

[careful] 11/5/2017 07:18

profit may be down 20% this year, but share price has fallen over 30%.

[montyhedge] 11/5/2017 07:18

Looks like 10% dividend this year, 10% next year, then 6% after that analyst forecast, that's ok boys.

[dipso] 11/5/2017 07:16

BT Group Chief Executive Gavin Patterson and outgoing Group Finance Director Tony Chanmugam will not receive a bonus for the 2016/17 financial year.

[dahhad] 11/5/2017 07:15

How much of this is reflected in sp? Dividend news may prompt initial fall IMO