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Good share price performance by BT today.
The only one of my shares that is up today.
Sorry I am still not following your logic.
In regards to BT's performance we are not talking about short term blips. "
Avro, we've discussed this before. Algo's can be set up to hit individual, or sector stocks more than other's in an index. BT is hit worse whenever unconnected negative news is aired and markets drop, like the Coronavirus. In my mind a pandemic should be good for telecoms stocks, as more people will work from home and call/data volumes will increase dramatically.
Another topic recently discussed was Deutsche Telekom's stake in BT. It's my opinion that the big market players are either looking at obtaining that stake at a bargain basement valuation. I believe that should DT unload their stake, there would be a rapid re-rating of the stock and it would climb dramatically.
Because i believe that the DT stake is the reason for the low share price and i'm more interested in dividends these days, BT is at the top of my list for adding.
pacemaker, was there really a 2m buy? What site do you use?
Fleccy, who knows if there really is a problem. Probably Trump kicking off as Huwaiai are Chinese.
Fleccy - the Huawei argument based on spying is for dummies. This is about a perceived threat of a foreign power being able to apply leverage through its ability to disrupt a host countries well being, in this case using 5G networks to disrupt U.K. infrastructure.
The perceived threat is something else, is it Trump and his un trust worthy team or is it real?
Does an ally threaten sanctions on its friends and neighbours in public ?
This is a mess. In peer made through previous decisions to save money. China is perusing a policy of influence around the world with ports, transport & other infrastructure projects, reaping the benefits of ownership when their loans are defaulted on
The U.K. is already accepting too much of this, America has filled its boots too. 5G is probably a nautical extension of this policy
"In regards to BT's performance we are not talking about short term blips. BT has now been falling relentlessly for nearly 5 years."
I suppose it all depends on when investors bought into BT. I made my first investment in May 2018 @217p and topped up in November 2019 at a shade under 196p, and again today @168.53p. Bringing down my average to 202.92p. If I include dividends received, this brings my average down further to 187.49p. So I'm down with a paper loss at the moment, but believe that I will make a good profit in BT. So like any share, it all depends on the purchase price.
Sorry I am still not following your logic.
In regards to BT's performance we are not talking about short term blips. BT has now been falling relentlessly for nearly 5 years. Directors and their wives have bought shares in the past. If anything BT being a boring defensive stock should have gone up today. I guess it could have been worse the rest of my portfolio has performed even worse.
BT has been using huawei for many many years already. And yes some is in the core network. So what are they saying? The top techies employed by the FBI are incapable of identifying spyware? And that that’s the ONLY way to get information? ??????
It’s a ploy to get one over on China by trump and nothing else!
£2m buy at 11.05!
"Fleccy - this has pretty much been decided hasn't it? Thought Huawei were being allowed access to non core stuff?"
I believe the decision's been made to allow Huawei on non core parts of the networks, but it's not set in stone until tomorrow and the US are ramping up the pressure to ditch Huawei altogether.
Personally i'm not sure where the issues are. We are living in an age when IP traffic can be encrypted and encapsulated within VPN's. External equipment's can used to Bandwidth manage the data and any date originating within the Huawei equipment can be detected and dealt with. When you consider that Gigabits of data will be traversing the network equipment's in real time, how would the Huawei equipment know what to sniff off? How would they transport that data back to process it and any secure date will be super encrypted.
Even if they targeted certain cells and transmitted the data using RF, it would only be the same as parking up in the area and capturing the targeted data as it enters the cell. The telecoms companies are well versed in detecting back door access to equipment's and GCHQ will be among the best in the world, so is there really a problem?
The great man...Warren Buffett/Quotes
We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
Price is what you pay. Value is what you get.
Someone's sitting in the shade today because someone planted a tree a long time ago.
I think Captain Nemo has spent less time underwater than BT,Nige.
"BT's CFO Simon Lowth purchasing 425,057 shares @204p on 19th December 2019."
Nice dividend pick up of 4.62p = £19,637.63p
Yes he's underwater for now.
It's the Huawei decision tomorrow, so that is likely weighing on the price and the markets are down anyway.
Fleccy - this has pretty much been decided hasn't it? Thought Huawei were being allowed access to non core stuff?
Re "BT is unlikely to go bust", I'd go as far to say it's almost impossible for them to go bust. Buying EE was a huge plus, every Tom, Dick and Harry is glued to his/her phone. That said, you won't find growth in BT as you would with other shares but it's as safe as you get.
"What gives me confidence is BT's CFO Simon Lowth purchasing 425,057 shares @204p on 19th December 2019."
The CFO cannot control the stock markets, or BT's share price. He's let his money do his talking.
It's already been stated that the CFO will know the long term prospects of BT, not a short term blip in the price. Ie, the election out the way, OFCOM easing regulations etc.
"I must be thick. This should be every reason to lose confidence. Yes Lowth buying those shares at 204p just a month ago speaks volumes. It speaks volumes of his complete lack of judgment of where the share price is going."
Avro as was stated earlier. no individual has control over the price, so people make a judgement on the information available at the time they make their decision. It's not poor judgement as he wouldn't have the luxury of a crystal ball. He made his decision on the information he had available at the time and his insider knowledge gave him the confidence to buy. How do you know it wont pay off for him in a couple of years time, unless you have access to a crystal ball.
Also worth remembering BT will not be the only telecoms provider affected by the decision.
"What gives me confidence is BT's CFO Simon Lowth purchasing 425,057 shares @204p on 19th December 2019.
This speaks volumes. "
I must be thick. This should be every reason to lose confidence. Yes Lowth buying those shares at 204p just a month ago speaks volumes. It speaks volumes of his complete lack of judgment of where the share price is going. It has fallen nearly every single day. If it wouldnt have been for Xmas, Boxing day and the New Year the share price would be even lower. It has now fallen well over 20% and falling between 1-3% every single day and shows no signs of even pausing..
It's the Huawei decision tomorrow, so that is likely weighing on the price and the markets are down anyway. As i've stated many times, BT is as safe an investment as you can get on a long term hold basis. BT is unlikely to go bust, they pay dividends and are out of favour. The algo's appear to putting a bigger downward weighting on BT than other stocks, so i view BT as an opportunity for the contrarian investor. I just don't buy into this negative narrative being built around the stock and the sector. I'm just going to build my stake at every opportunity, so i'll be buying more BT in Feb, when my dividends come through and more again when i top up our ISA'a after April.
TLWilliams, who knows. If anyone was lucky enough to buy in at 158 last year, the share price jumped 30 per cent in 2 months.
The sellers havent given up on BT, I suspect. They merely seek to profit by buying back at a lower price and as such increasing their shareholding, when they do.
No one can control the share price.
There are several factors which impact on the MCap of companies to various degrees - positively and negatively. Currently, the BT Group share price has been (mostly) subjected to significant daily downgrades, irrespective of external factors.
Today the share price fell below the most recent Deutsche Bank valuation. It is worth paying close attention to DB's BT Group forecasts, their predictions, which seem to be unrealistic at first are invariably reached.
Even if there is good news to follow, this week, it will take considerable time for the share price to aspire towards last month's highs. (Think of a fast downward elevator, but a slow upward climb, a few steps at a time with breaks in-between).