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Guess the SP
Today 177
Tomorrow 184
My youngest will be delighted the teletubbies are back.
"Yes Ally, Nige & Co is one of Fleecy's desperados, or even maybe Fleecy himself."
Bandymandy Ally,Nige & Co adds up to more than one desperado, so you should learn to count, and it's spelt Fleccy, so you should also learn to spell.
Yes Ally, Nige & Co is one of Fleecy's desperados, or even maybe Fleecy himself. They're all singing from the same hymn sheet. That said, the monetising of Openreach will come to fruition sooner rather than later, thanks to Mr. Drahi. For any union members who don't understand long words, please apply to yours truly for explanations. Handy Mandy is ready to service you. LOL
This article is 3rd June 2020?
RWC partner Ian Lance insists that value investment is not dead and highlights five stocks he believes can help turn around the performance in his struggling fund.
BT’s Openreach division generates £2.6bn of earnings before interest, tax, depreciation and amortisation (EBITDA) which we have valued at £22bn.
This represents a multiple of just over 8x historic Ebitda which compares favourably with other utilities and therefore ought to be achievable.
The enterprise value of the entire group is currently £31bn meaning that all the other businesses are being valued at £9bn, which is only three times their historic cash Ebitda of £2.8bn.
Rumours surfaced in a recent Financial Times piece that BT might be about to monetise a stake in Openreach.
https://citywire.com/wealth-manager/news/a-value-managers-lonely-battle-rwcs-lance-five-great-buys/a1363138/print?section=wealth-manager
Share price will probably be up 15p then decline back to 185p range where it’ll sit until drahi announcements and ex divi. I’m buying a few shares tomorrow or Wednesday and then a few after Thursday
Be interesting to see what news BT gives on the pension as an update, I don’t expect much news on BT Sport beyond what was given some months ago. Fibre Rollout numbers will be favourable hopefully, cost savings should be on track or better. Only concerns are the usual revenue and bottom line numbers which market have used as a beating stick to punish share price, in recent years. I will be pleasantly amazed if share price increases on Thursday.
It’s likely that the market will react badly to the results whether they are good or bad. SP will tread water until Drahi declares his intentions.
Could be a flying Thursday for BT.
My interpretation of fairly large drops just before results with volumes that are not untoward is that results will be very good with a significant upturn on results day. If Wednesdays close is in the 170p range or lower I predict prices in the 200p range by close on Friday. DYOR etc. Prices can go up as well as down etc. Historical performance has no bearing on future performance etc.
Hello everyone. Bt is a fantastic business with a terrible share price . It has a great future, dividends will ramp up and the debt is all in hand .
I shall be scooping up more shares this week, cheeky little buys! I am not bothered whether they dip or not because at these prices it’s relatively safe accumulating territory . That’s why pat and Phil both bought in at 170p!
Get yourselves onboard the gravy train with a few cheeky shares! You cheeky board boys!
"Court case ruling against BT today won't help the SP"
The way the price under performed, over the last couple of days, I suspect some had already been given the heads up on the decision. It will now go to court, with all the evidence presented. It isn't over until it's over, and personally I can't see what BT has done wrong. We don't even use a landline anymore, we have mobiles. How can you have market dominance when cheaper alternatives are available? If BT loses this case it will create a precedent, opening the floodgates for cases against other companies.
Court case ruling against BT today won't help the SP
"Don’t disagree with your post Fleccy. Just seems the market doesn’t concur. So you are really suggesting that there is a conspiracy against the share with no hope of an upturn."
I wouldn't use the word conspiracy, I just believe Telecoms in general are being played down, with a view to some big players mopping up shares on the cheap. They can't target companies like CityFibre, or VMO2, since they aren't publicly traded, but they're potentially used to drive down the price of BT where possible. The reason I believe Telecoms companies are being targetted, is because of their future potential. The market's forward looking, and Telecoms will be one of the most important industries in years to come. IOT alone is forecast to use 24.1 billion devices by 2030, generating revenue of more than $1.5 trillion. In a fully connected World, Telecoms tentacles will reach into everything and generate massive amounts of revenue. Between AI, IOT, and fully secure networks/communications , just imagine the amount of cash Telecoms will generate in years to come; And imagine the newer opportunities for localised geographic data harvesting, utilising predictive algorithms; You'll be stood at a bus shelter and tailored adverts will appear, or look through a shop window and products you've been browsing might appear in a visual display with pricing; It might not go that far, but the potential's there, and Telecom companies will supply all the connectivity to allow that to work. BT have already made Cloud deals with Google and AWS, it isn't too difficult to see where everything's headed.
Don’t disagree with your post Fleccy. Just seems the market doesn’t concur. So you are really suggesting that there is a conspiracy against the share with no hope of an upturn.
I for one am very confused that the consensus on openreach is generally positive in the market and it’s value is thought to be worth more than BT in its entirety.
Guess I don’t understand markets !
"4% drop ? On what news ?"
You'll always read the same things in the articles, they pump up the likes of CityFibre and VMO2, and would have us believe that they'll march in and BT will be finished. The articles will brush over the targetted £2 billion annual savings by 2024/25, but emphasise the debt and the pension deficit. As far as I can tell, one third of the £18 Billion debt is lease liabilities, so around £12 Billion financial debt. The pension deficit is in hand, and will likely become a surplus in years to come, at which point the BTPS will be subject to an insurance buyout by the trustees. The lease liabilities will reduce as the properties are handed back to Telereal Trillium, with BT getting a cut of the profits from subsequent sales.
I don't see the threat from the likes of CityFibre, since Openreach/BT have an established Wholesale business which will be hard to replicate, or compete with.
From the articles, you'd think that Openreach was the only string in BT's bow, but BT have a large portfolio of other products like encryption/secure communications, Mobile, Business products, etc, and scale others are lacking. BT is a safe, well established, profitable business, not the basket case implied by the various vested interest media articles.
Much is made of VMO2, but they're starting out with as much debt as BT, and requiring partners to achieve their stated goals. Usually in the days leading up to BT's results, articles hit the internet stating how VMO2 are doing this, that, and the other, and BT better watch out, no doubt see the same this time with the share price taking the usual hit as a result.
Closed at 175.7 ie down 6.6p or 3.62% - 9.66m shares traded
U/T 175.7 10.7m
Total Vol 20.4m
Anyone care to explain what is going on?
4% drop ? On what news ?
We were at this level 5 days ago
My trading platform shows 6,2m shares been traded
Obviously lots more going on behind walls to make SP move this much
Watch out for large UT
" we will win " we will never win while the ai brain power of the auto algos are allowed to trade with no regulation ,the fca dont care , but if a group of us got together and spoofed at the same rate and speed/volume as algos we would be ousted
Reckon the share price fall is due to the fact that BT will post better than predicted results next week. Don't believe the MMs, who want you to sell up while they buy up. Either way, Drahi will speak his intentions in June or thereabouts. And we'll all get a final divi later in the year regardless. Don't fall at the last post guys. Don't let them play with the mind. A little paranoia gives you the edge. Too much drives you over it! Stay focused. We will win.
Another drop today i wonder if they know about next weeks financials
Or somebody picking up shedloads before results?
Another drop today i wonder if they know about next weeks financials