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And people question that BT is overvalued.
Investors need to realise you have the biggest organisations in the country all the internet, telephones is BT. price was down because
* Partnership scare because of merger between Virgin and O2(you got to laugh they will never come close to BT)
* and not paying dividends for 2020. Well most companies you'll find aren't paying dividends.
This is the cheapest price you will find for BT before normality starts.
V-Cube USA Inc. Partnership With BT Group plc Highlights Crucial Live Streaming Services During COVID-19
Well, very pleasing performance today that ticks all the boxes (2 resistance pivot points demolished :) And ends the week on a bullish high note.
I'm so pleased I didn't act on my inner 'feelings/voice' and held discipline to pre-determined strategy and kept my holding intact, and thus the bullish short term trend held up its end of the bargain too, and performed marvellously today.
That Candlestick close tonight, is singing of promises and sunny uplands to come, but that's just candlesticks; make of that what you will - but I love it.
Best of all, the momentum was enough to swing the small move back from bearishness in the Ultra Short term trend yesterday, that it's back to being bullish tonight - but that trend on it's own can not be used for investment decisions - used only as an initial heads-up only, alert.
SP Short term - I'm happy - are you?
(Obviously not longer term SP - it's still to be recovered - 5 years and counting)
BT currently -
Price to 200 day ma trend . .= Bearish!
Long term trends . . . . . . . .= Bearish
Medium term trends . . . . . = Bearish
Short term trends . . . . . . . = BULLISH
Ultra-short term trends . . . = BULLISH
At present if a customer changes BB provider on a copper or FTTC service then BT have to convert the service in the local exchange, so a cost to BT, the same for the ISP to have there hardware sent to the customer, a cost to the ISP. BT then receive revenue From the ISP but have the cost of maintaining the copper element of the service should if go faulty which is inherent in the copper network, so some of BTs revenue goes towards that cost should it go faulty, which compared to other delivery methods is reasonably likely in a given time frame.
With FTTP, when fully rolled out, it is in theory possible to deliver all ISPs wavelength to every premises in the UK all the time, weather the end user uses, A or B or C etc. In other words with the right kit on the end it will work to whichever ISP you use or change to, as all ISPs would be present at the end of every fibre. So no cost to BT to change ISP at the exchange, a saving, but a cost to the ISP to send the kit out, almost no maintenance costs to BT to have to cover as fibre is far more resilient, so another saving for BT. All this also means a reduction in staff numbers in BT, a saving, and a lower wage bill as many of the staff used would be at the lower end of the pay scale compared to now.
That’s just residential BB not to mention all the other services mentioned earlier will also see a reduction in costs hence a chance for more profit. Service providers will still have costs to cover for each service, BT could well be in a position where they just have the income from SPs and very little costs if they only have to provide the glass in the ground and no hardware...
NDN this conversation isn’t about short term prospects, we are discussing medium to long term pressures and trends rather than 1 off exceptional trading environments. But if we were talking short term then BT should ride this wave better than most. Still leave the overriding question of how will BT Generate new money. How are they going to generate rising income online with the companies who will leverage their network. On one side it’s the likes of talk talk who operate with so low costs it limits what Bt can charge to stay competitive, whilst on the other side we have over the top services who drive Drive BT’s out going expenses without generating income in relation to the increased use
I think most come here to share their opinions. Obviously any bullish post or bearish post here on this BB is not going to have impact on the SP.
I usually bail out with mid caps and small caps when I see 10% loss but BT being FTSE 100 I thought I will hold and see and now left holding this since I bought in December at £2.06 :-( only good thing that I have done is not topped up since then as I thought there might a better lower price to avg down but now at 1.20 am seeing staggering 50% loss. Although I made this 50% loss in other stocks so not sure if I should exit now and use the rest 50% to invest into another FTSE 100 that is steaming ahead in the current bull run?
I think CEO is just sleeping and not worried about the shareholders. Big IIs should mount pressure on him and the BOD to lift BT from the current crisis. Why not sell EE business to 30% loss and use the remaining 70% out of that sale to invest into something else?
Clearing CEO is happy with the pay he gets. We need someone like TESCO CEO.
Had to express my frustration so took opportunity to write. GLA
True Aus. But, there a lot of UK blue chip companies that at present have little or no revenue. How are they going to look at the end of the year revenue wise compared to the telecom network companies, and others that CV19 is not having an impact on at present. In the last few weeks we have seen, airlines, travel companies, car makers, leisure and hospitality and other sectors in a position to lay off staff and seek new rental deals to survive.
"Fleccy £22bln & declining year on year"
At the moment yes, but with Net profit increasing and i'd suggest that there's a limit that revenue wont drop below, although i have no idea what level that might occur at.
Nobody on here can predict anything but many believe they can .
Whether you say sp going up or down
Whether sp is bullish or bearish
Whether bt will crash out
It's all just that persons perception / opinion
You have to follow your own views
Fleccy £22bln & declining year on year......
"Netflix makes the money because they can use BTs infrastructure for their needs in return bt gets some alms."
Companies like Netflix do have network costs and are at risk of Network providers throttling their streaming services, irrespective of Net Neutrality. I also think you underestimate the UK core capacity and will also find that bottlenecks don't occur on the Core, but on intercontinental and subsea links for content providers who don't lease their own capacity. BT pull in £22 Billion a year in revenue, does that seem like a company that "provide the infrastructure for more or less free"?
Businesses that get get the best bandwidth capability are the ones that pay for it and with Quality of Service capability monetised over the networks, it's easy to see that content providers don't get a free ride.
Why should they do well ? They are just the modern slaves that are there to provide the infrastructure for more or less free. This is politically intended as it is the basis for the e-commerce and economy.
Netflix makes the money because they can use BTs infrastructure for their needs in return bt gets some alms. Same with any other business like iot, e-commerce and so on. Government wants that the infrastructure is available at lowest cost possible which is good for the economy in general but leaves the telcos doomed to bleed out over the time.
If BT were in the USA, then the SP would be 5 times this pathetic £1 plus a few pence.
The opportunities in telecommunications and data communications have rarely been so open and vast.
Driven by the streaming video market, the commercial and business market, the new smartphone market, the Internet of Things market, electric vehicle market. Low cost satellites, 5G, ever improving microeconomics and AI technology.
The technologies and opportunities have never been better.
The same in UK and Europe as USA.
Which means, BT are getting moving in this opportunity bubble OR the whole BoD and Upper Management should be replaced.
In USA they are chas
Whoops..... wrong BB. Apologies :)
With no divi, global recession and COVID still very much on the agenda has the rise been overdone, great to see it but is sustainable? Surely Barc can't rise further than this?
ThJones, your completely wrong in your view. Telecoms are one of the industries that are guaranteed to do well in the future. You come across as desperate to reinforce your view and suggesting that Telecoms companies are in a death spiral is just ridiculous.
Has to be good for bt pension deficit too.
Yes 6G is far away, but 4G was also far away when BT invested tens of billions in 3G to pay for infrastructure and frequency auctions. Same with 5G later on.
Fact is that the Telcos are in a death spiral of huge investments on technology, collapsing prices on all fronts, political pressure and regulation and short technology cycles.
The cost for 3G and 4G has caused the stockprice to collapse, the cost for 5G has caused the dividend to be cancelled till kingdom come, and 6G will cause the company to be nationalized again.
"Millimeter-wave 5G will never scale beyond dense urban areas, T-Mobile says"
"You are not right unfortunately. 6G will provide download rates of 1TB/second. And politicians will force BT to provide 6G area-wide, if it makes sence or not does not make a difference. Its a political thing not a economical this is BTs issue."
ThJones to get terrabit transmission you need to use mm wave, or even lower Wavelengths, Frequency is inversely proportional to Wavelength, so the lower the wavelength the higher the Frequency. The truth is 6G will be at the lower Wavelengths of the mm wave range, so will primarily be used for indoor high population areas and possibly open air stadiums and events like Glastonbury. If you're in your house, you will use the lower frequency 5G service, or a micro cell connected to your WiFi.
"mmWave doesn’t penetrate walls
This is perhaps the most common issue cited with upcoming 5G networks and it’s true to some extent. Most building materials, such as cement and brick, attenuate and reflect very high-frequency signals with a big enough loss you’re unlikely to receive a very useful signal moving from inside to outside. Even the air produces signal loss, which limits frequencies above 28GHz to about a kilometer anyway. Wood and glass attenuate high-frequency signals to a smaller degree, so you’ll likely still be able to use 5G mmWave next to a window."
I used to work on point to point microwave links at 13, 23, and 50Ghz, so i know the effects obstacles and atmospheric conditions have on high Frequency signals.
Thjones. We are a long way off 6g, the rollout of 5g is only just underway, will probably take another 3-5 years before full UK coverage is in place. 6g if it arrives in the current theoretical model is at least 10 years away from real world trials. In the meantime this model ma well change adding time perhaps to any rollout. Talking about the impact of 6g now is pointless unless it is in regard to the theory of the model, it at present has no relation to how BT, or any other network owners, share price acts. There are still locations in the UK that have only just got 4g, a good 7-8 years after the start of its rollout...
ThJones, I agree you make a valid point about the relationship between BT, Ofcom and the government with regard to the SP. The only way that the SP can realise it's true potential is if BT is treated more favourably, especially as it's supposed to have been a private enterprise since 1984. Other companies have had considerable help from the goverment via Ofcom over the years. This now needs to be relaxed to allow a level playing field. But as I have said before don't expect anything from Boris and his bunch of sheep. Incompetant does not do them justice!
You are not right unfortunately.
6G will provide download rates of 1TB/second. And politicians will force BT to provide 6G area-wide, if it makes sence or not does not make a difference. Its a political thing not a economical this is BTs issue.
"Leased line ( private services ) for secure networks for companies, secure connectivity For emergency services government and military, broadcast networks for TV and radio, network management for energy providers."
Indeed, business practises are changing now and most businesses are outsourcing their I.T. infrastructure to the cloud. They still need links, but instead of interconnecting premises, the links feed into server farms with applications running on the cloud, which also allows more home working using secure VPN. The market seems to ignore the business side of things though and just focus on residential. The narrative will change big time, i'm just going to sit and wait.
"Now they invest billions on 5G, but instead of then earning money on this it will be old worthless stuff and politicians will force BT to invest heavily on 6G."
It's all hype around 6G, 6G will complement 5G not replace it. People should read up on the technology and not buy into the market hype. As i've mentioned in previous posts, 6G is likely to use mm wave and Far-Infrared, meaning that it will mainly be used in line of sight, high bandwidth, covered areas like shopping centres, Railway stations, etc. 6G wont replace 5G it will be like Wifi for shopping centres.