Bt Share Discussion Threads

[alphorn] 11/5/2017 10:28

kazoom - was quoting off jimblack's post. Will check and post back.

[rogerrail] 11/5/2017 10:23

Alphorn, refer boonboon's post above, I think it will happen a lot quicker , no point making financial plans on current figures.

[colonelgrim] 11/5/2017 10:21

Brilliant bit of manipulation here, how many times "I DON'T USE STOPS" :@)

[kazoom] 11/5/2017 10:19

Read back Alphorn - the pension deficit has DECREASED by £1.9 billion in 6 months.

[alphorn] 11/5/2017 10:09

"The pension deficit has increased by £2.4 billion in 12 months".

They are planning to take 24 years to make up this extra deficit. Sounds a nonsense to me.

[montyhedge] 11/5/2017 10:02

Sharebuy backs £100m still every little helps.

[moretimeforlife] 11/5/2017 10:00

Not the reaction I was expecting to better than anticipated news re. Dividend promise kept, no more bad news, cost reduction actions, outlook in line with previous guidance, progressive dividend plan, improving systems and management team improvement actions......maybe sense will return soon. GLA

[pagwarrior] 11/5/2017 09:55

I see over 3 million pounds worth of shares were sold in one trade earlier.Wow.

Good time to buy imho.

[toon1966] 11/5/2017 09:48

GP must be doing a good sales pitch on the conference call share price close to 3% down....

[smurfy2001] 11/5/2017 09:37

Terrible customer service it's what lets this company down.

Line checker raises a fault support tell me there's nothing wrong. So why does the line checker raise a fault then???

[kazoom] 11/5/2017 09:25

No great surprises - largely as expected.


Interesting pension numbers though :

The IAS19 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 ) at 31 March 2016.

2017/18 operating charge is expected to increase by around £100m YoY impacting EBITDA, .....

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.

So a 50%+ increase in the deficit over the year with a drag on future performance.

But,but,but look at the quarterly reported figures :

31-Mar-16 5.2Bn (6.4Bn)
30-Jun-16 6.2Bn (7.6Bn)
30-sep-16 9.5Bn (11.5Bn)
31-Dec-16 9.2Bn (11.5Bn)
31-Mar-17 7.6Bn (9.1Bn)

Deficit down over the last six months.

The next 3 year review is based on this July and will be reported early next calendar. Early days yet for the turnaround of the metrics and assumptions but I would think by the 2020 review the deficit will be insignificant, if not gone altogether.

[colonelgrim] 11/5/2017 09:23

Intraday suggests a very good time to have a LONG look!

(NO RECOMMENDATION INTENDED HERE)

[montyhedge] 11/5/2017 09:20

Gavin on conference.

[dr biotech] 11/5/2017 08:51

Which trust jim?

[montyhedge] 11/5/2017 08:48

JimYou get no capital growth investment trust, have you 5% for ever.BT growing dividend up 10%, next year 6% and there after.Capital growth, 20% at least coming, I think. But everyone different.

[pacemaker1000] 11/5/2017 08:40

The main worries prior to today were:
Divi to be cut...
More bad news...
Huge pension deficit increase...
None of these has happened. In fact the opposite!..
Hopefully after initial flatline and those selling due to no initial bump it will increase...
Gavins city chat live at 900 could convince the big boys...
Given the current low share price the divi is excellent given future possibilities.

[montyhedge] 11/5/2017 08:37

My guess this will finish blue, look at the free cash flow.

[montyhedge] 11/5/2017 08:31

Of course sellers, whatever the results they would sell.They are getting scalped by the market makers, I would not be surprised when analyst sharpen their pencils shareprice gets better. Yield 5%

[moretimeforlife] 11/5/2017 08:29

Seems like short-term traders are selling out and I expect longer-term investors looking at 5%+ yield will sweep up the sales at some stage. Would not be surprised to see this turning positive later today.Good luck all.

[montyhedge] 11/5/2017 08:27

EaaxWait, Gavin doing the rounds, it opened 312.5p, show the market makers thought results ok. The punters selling, mm just scalping them, lets see what they close end of day. Divi up 10% that's the big one.

[montyhedge] 11/5/2017 08:23

Sit back collect 5% and wait for recovery, still better rate than a bank, lol

[bigboots] 11/5/2017 08:19

Dead money from here

[excell1] 11/5/2017 08:17

Well certainly better results than I was expecting.Bought a few more at £3.07.Roll on Divi time.