We would love to hear your thoughts about our site and services, please take our survey here.
Toff,
I am sorry that I have upset you.
I actually have about £350000 invested in various stocks therefore a £3000 investment is no more then a flutter.
Most people on here know that I have very little confidence in BT and been continuously bad mouthing BT over many years. The point I was trying to make that at this level I thought they are worth a flutter. I personally think that they will go even lower but still think they are a good gamble and I am thank god in a position that can afford the risk.
Fleccy,
I am what you would describe as a medium to long term investor mainly looking for capital growth. I judge success by looking at performance over 1 to 3 years. Over anytime zone that you look at BT over the last 5 years they have been a huge disaster. Lets first look at long term which is just over 3 years. If you had bought BT 3 years ago you would have lost 53% on your capital investment. In other words you would have paid circa 350p and in that time you would have received 47p in dividends. You are looking at a 125p loss. Now lets look at 1 year where BT has fallen 25%. On the 22/01/19 BT were 240p in that time you would have received 15.8p in dividends at today's price you would be nursing a massive 50p loss. That is a huge loss both over the medium and long term. Before we start arguing what is considered long or medium term I checked Wikepedia "In finance or financial operations of borrowing and investing, what is considered long-term is usually above 3 years, with medium-term usually between 1 and 3 years and short-term usually under 1 year."
H-hi,
Is it not time to change the record.
Sharon White is now leaving OFCOM. BT is now on record as welcoming OFCOMS new approach to encourage and reward new investment.
As we cant really blame OFCOM or the government anymore and we desperately need to find another scapegoat to blame. Maybe we should start blaming the wife or the mother in law.
Who is to blame for BT's demise and its gross under valuation.?
Lets first establish that it has nothing to do with poor management as we replaced the management and sacked the whole workforce after the Italian fiasco.
So lets be rational and decide who is to blame
Corbyn? Boris? OFCOM? Capitalists? Socialists? Communists? Brexit? Institutional investors? DT? Market Makers? FBI, CIA and Mossad? Meghan? immigrants ? Jews? Eastern Europeans? Chinese? Arabs? Trump?.
Have I forgot anyone.
Fleccy,
Lets get this straight There is nothing wrong with UK stocks. Where is your evidence that UK stocks at rock bottom !!!
The UK stockmarket has done very well the vast majority of stocks are doing very nicely. There are a few rubbish stocks te likes of BT who have gone against the trend but that is no reason to rubbish the whole UK market. Can I humbly suggest by all means keep some of your money invested in BT but maybe just consider that you sell some of your rubbish and invest the proceeds in good quality stocks. Yes I will admit are a few sectors like retail that are performing poorly but even there if you buy the likes of Greggs and Next you should be ok.
Fleccy,
I have waited 5 years for BT to recover.
Although the majority of my investments are not in contrarian. I do invest in them as well.
In the past year it has been the sector that has had the worst performance. I am now showing a small profit in Lloyds and Centrica but not in BT.
I would strongly suggest that no one should act on the advice they receive on a bulletin board. I could post my purchases on here but wouldn't you find that boring. I am not buying anything at the moment. My last purchases was real boring stuff like Iberdrolla, Ibstock Coca Cola (CCH) and Royal Dutch. My portfolio over the last year has performed reasonably well nothing spectacular and is up 17% over the last 12 months. Amongst my stocks I have Aveva, Next, JD Sports which went up dramatically and are continuing to do well but I also held BT, Centrica, Bab**** and Lloyds which have not performed well and are still very depressed. If I am honest if I would not have invested in BT, Centrica and Lloyds my portfolio would have been up 35%. I am still hoping that those shares will perform better in 2020 but not with great conviction.
In my experience it depends on the share. Good quality shares will actually rise post dividend. I recently bought Iberdrolla and it has risen substantially since its gone ex dividend. I never buy a share just for its dividend however if I have decided in buying a good quality share I might buy it immediately before or just after it s ex dividend date depending on its circumstances.
Never buy BT ahead of a dividend. They will always fall much more. Just a month ago the share price was 195. At the time they seemed a real bargain with a 4.8 dividend just a few weeks away. However the price is now 23 p lower that is nearly 5 x the dividend.
Deutsche Telekom,
Please do yourself an us all a favour and take BT over.
This must be in your interest you have already lost billions in just holding on to your 12.6% holding. Take us over and get rid of Openreach and with your management we will all recoup some of our losses.
What secret does the market know about BT that is pushing the price down so drastically.
In my limited experience the stock market does not lie. There is some bad news out there that is being suppressed.
It can not be the expected dividend cut as that has been long discounted. Unless the dividend cut is going to be much higher then expected. With a 20-30 % cut in would still yield a massive 5%. One can only hope that when the bad news is finally revealed the market will consider its fall an over reaction. Or is that just wishful thinking.