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The probable reason BT don't issue more guidance, is because anything they say is jumped upon by Ofcom or other CP's. Look at the regular slighting aimed at BT by the Altnets, with nothing said, and look at the what happened with Jansen when he made his "end in tears" comment. As a regulated entity BT have to keep their cards close to their chest, since any comment they make is used as a stick to beat them with.
As far as BT's plan with reference to cost savings, FTTP/5G rollouts, building closures, etc, I think they've been as clear and upfront as they can be.
The real bit of any note, within it is....
"JPM argued that BT's new chief executive should consider providing mid-term guidance.
JPM noted that it will be several years before we have clear line-of-sight on BT's fibre returns and said mid-term targets would bridge the duration gap. In addition, it pointed out that most telcos (70%) now provide mid-term outlooks.
"BT is a rare exception - unhelpful for such a controversial stock, and a factor behind its wide consensus forecast range," it said."
Which probably translates to mean that if BT provided better guidance then JPM would be more likely to buy the shares ....
MaryBr, generally agree on all brokers but whether we believe it or not at least JPM provides a logical explanation for their view. Not something all brokers do especially UBS at the other end of the spectrum on share price expectations.
BT Group shares ripe for a re-rating, says JPMorgan, Looks like JPM has been taking Rods advice, perhaps time may prove him correct, pity he has stopped posting as he brightened every ones day.
These brokers note - the guys must be strumming both tired strings.
Is it - dividend cut and downgrade or extremely undervalued ?
Both brokers are imposters with their fingers in the air.
"Shares of BT Group appear heavily undervalued and "ripe for a major re-rating", JPMorgan Cazenove said in a note on Thursday.
The bank, which rates the stock at 'overweight' with a 290p price target, said BT's equity story remains intensely debated."
https://www.lse.co.uk/news/BT.A/bt-group-shares-ripe-for-a-re-rating-says-jpmorgan-cyzvdetrjgndurx.html
Unfortunately yes I do have a landline,but that’s only because I live in a small village and the mobile signal is unreliable, i would suspect that this applies to quite a few people.
Trick there is to throw the Alexa out too, preferably along with the remaining landline too ;-)
"Does anyone still have a landline? We got rid of the landline in 2009! 15yrs without an annoying landline phone going off at random times of the day & annoying everyone in the whole house with the ringing!"
We have a landline (elderly relatives still us them), but it rarely annoys as not many people ring it anymore!
Instead, progress has given us Alexa drop ins and announcements for the whole house to now be annoyed by.
Simples way to eliminate the market for analogue... switch it off haha!
We don't use a landline in our house, we use Mobiles and wont be bothering with Digital Voice either when we move from FTTC onto FTTP. There appears to still be a market for analogue lines, both politically and financially, so I expect it'll still be available for a number of years post PSTN switch off.
Does anyone still have a landline? We got rid of the landline in 2009! 15yrs without an annoying landline phone going off at random times of the day & annoying everyone in the whole house with the ringing!
Why not switch off all copper wires and therefore their connected landline telephones and instead hand out many hundreds of thousands or a few million free refurbished PAYG mobiles as like for like replacements?
I must admit I was surprised by the announcement and I watch out for BT headlines a lot, but I suspect the various CP's saw this coming for the last year. BT have developed, and are currently trialing, a product called SOTAP for Analogue so I don't see this pushing back the date of the PSTN switch off, and may even add additional revenue from this product.
https://www.ispreview.co.uk/index.php/2023/11/openreach-prep-alternative-uk-analogue-style-phone-product.html
I would guess there'd be nothing stopping someone having a SOTAP and FTTP connection simultaneously during the transitional period, but they'd have to pay separately for the individual services. If I'm understanding things correctly I don't see this adding extra costs for BT/Openreach.
Don’t other markets already outlaw shorting?
Pathetic petition by people who have no understanding of how markets operate ....
they don't realise that the big share buyers and sellers would all walk away if the transparency disappeared ...and the liquidity in the market would disappear too
a very silly idea
I cant see the technology getting improved to the point where it wont need power.
Is there any evidence to show that shorting a share makes a price drop, anymore than not buying a share makes the price drop?
Shorting is now an industry as opposed to an investment option risk, it will never get banned as 'big money' and politicians are all involved. The scale of it, the number of hedge funds now compared to 50 years ago and comparisons with other countries is easily 'googled'.
The bigger question is were shorts taken out before or after certain world events, no that would be an eye opener.
Well it looks like the MM,s failed again to get BT under £1. I do hope their shorts are smoldering. No doubt they will try again.
Benefits of short selling:
https://www.investopedia.com/ask/answers/012815/how-does-short-selling-help-market-and-investors.asp#:~:text=Facilitates%20price%20discovery,on%20supply%20and%20demand%20dynamics.
Moronic petition... without shorting ability there would be much less ability to punish junk and underperforming stocks... I personally don't place any short trades as I'm not experienced enough to manage the risks of placing short trades... short traders help keep the market healthy and can prevent ridiculous equity bubbles from forming.
Average rating still over 181
Could this be right?
Assume BT costs will increase here?
https://www.thisismoney.co.uk/money/bills/article-13264829/amp/BT-pauses-digital-phone-line-rollout-including-thousands-vulnerable-households.html
Isn't the UT the days unmatched shares, so a mixture of buys and sells, just goes through as a buy or sell based on which were the most, so not really either?