We would love to hear your thoughts about our site and services, please take our survey here.
NIge,
"I think that these kind of posters are there to make themselves look good at the expense of other posters", Does it ever dawn on you that if you had listened you might have benefited. Am I and Lamtree to blame that and we got it right and most of you got it wrong. I just express what I really believe and does not merit all this abusive response.
Fleccy,
Do not get me wrong I do believe that the likes of Vodafone, Lloyds and BT should be part of a broad portfolio. I have them all. I just disagree about them being the central part of an investment strategy.
NDNIC00,
I take your point about selling. Very few investors would consider 10 years as a reasonable time span. People have different investment time strategies Short, Medium or long term. " 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. " (Wikipedia)
One thing is sure about BT is that they are being consistent over the short, medium and the long term.
1 week
5.89%
1 month
16.38%
3 months
21.39%
1 year
30.76%
2 years
37.01%
3 years
47.04%
5 years
62.50
It is clear that it can not carry on going down forever. Is now the time its going to change. I thought so 10 days ago but did I get it wrong!!! Having said this I will have another flutter at 150!!!
The market would have to break through significant resistance to hit 124p, especially if the dividend is maintained. Even if the dividend is cut, the market may take it as a positive. I posted, a while back, comparing Amazon share price to the combined prices of a multitude of the top FTSE 100 companies, to highlight the dysfunctional way companies are valued. My personal opinion is that VOD should be a least £2 and like many FTSE companies, as you alluded to earlier, is undervalued relative to other markets. I've had discussions on the BT board around valuations and my view is dividend stocks will soon come back into fashion. Once the inevitable sector rotation occurs, income stocks will shine and rise to the top.
Fleccy,
We don't have to wait till next year. Just let me remind you 18 months ago ago you predicted that Lloyds would be 90 Vodafone above 200 BT at £3. You told us the same 2 and 3 years ago. What has changed?. You have got it wrong 4 times out of 4. I guess there is a chance you might get it right this time. Even gamblers get it right 20% of the time.
Thank you Velo.
I have found the most recent which shows BT as below average but not the worst. Although BT subsidiary Plusnet is amongst the worst
https://www.ofcom.org.uk/research-and-data/multi-sector-research/telecoms-complaints-data
Check it out here.
BT is below average and the second worst performer. Talk Talk the worst performer is marginally worse.
https://www.ofcom.org.uk/about-ofcom/latest/features-and-news/best-worst-telecoms-providers
I never said a month in fact I am down 3% on the month.
I said a year.
I am quite happy to share with you some of my FTSE holdings Taylor Wimpey, Next, SSE, Diageo, Aveva, BT, Vodafone, Lloyds, Barclays, National Grid and easyjet, BP, British Land, Astra Zeneca, Bats and Land securities. I made a £3000 investment on Fevertree on an intuitive feeling only time will tell if it was right or wrong.
Toff and Poker,
I never claimed to get it always right. Yes my whole portfolio did take a beating I am now down to £341000 and my £3000 investment in BT is now only worth £2700.
I personally buy for capital growth and look at dividends as an added bonus. Only half of my holdings are in the FTSE 100 the rest of my investments are in the FTSE 250, USA and Europe. I disagree about your comments of capital growth in the ftse 100 by them not retaining their value. My FTSE 100 shares have risen 13% last year. Of course I get it wrong sometimes. However I have got it right more times then getting it wrong. I do look at other areas and I have just bought a share called Fevertree purely as a result of a intuitive feeling.
I came to the conclusion by looking at the recent third quarter results
Revenue. EBIDTA and cash flow were all down. And to top it all debt has rose substantially and is showing no chance of slowing.
Fleccy,
I guess if you have huge Nads you are more likely to get a urine infection.
As many of you have correctly pointed out I am not the greatest of analysts. I am an intuitive investor and base my decisions at whats going on around me after doing due diligence and a little research. (That is why I bought Next and Britvic 18 months ago ) It is something that has worked for me. On most of my holdings I am showing good profits. (not all of them!!!) It is that same intuitive feeling that I have about BT. Its a feeling that their best years are very much behind them. Yes I agree that they are not going to go bust. But imho they have total lack of ambition and year after year they will continue lose market share and become less and less profitable. No I do not have all the figures to back it up but I just know its happening and obviously it is quite clear it is what the market feels.
Fleccy,
Saying that I was not happy to incurring a £200 loss does not mean I am agonising. The rest of my shares along with the rest of the market have gone down in the last week. The difference is that I am still up 14% over the year compared to being up nearly 17% a month ago. I am therefore fairly optimistic that my diversified holdings will do reasonably well over the medium term. However I can not say the same about BT a stock that has fallen 6 x more then then the rest of the market. T
NDNI00,
It was only for a very short period of time they were around 70p it was a time when they were not paying a dividend at all.
The fact is since November 2010 there have been very few rare occasions that the share price has been as low as now. Another indisputable fact is that in the last 5 years the share price has been on a continuous downward trend. This trend would result in the vast majority of investors buying at one level and then selling at a later date at a much much lower level.
Toff,
My point is that 3 years ago when the share price fell to just over £3 there were many people who were saying exactly what you are saying now. They were saying ignore the recent fall BT is a good long term share. All I am asking what is different now from 3 years ago.
Pokerchips,
You are 100% right. Yes MM are in a position to manipulate prices - but only for a very limited time. To suggest that MM's have artificially kept the price of BT falling for 5 years shows a complete ignorance the way the stock market works.