RE: This share23 Sep 2022 20:47
BT had a re-rating as having growth potential, outperforming to £2 ish. Last Q results showed falling income from its business division, retail looks as though it may be chipped away by competition. Interest rates will have to increase to save the £, and so BT’s dividend looks less attractive and fragile. Takeover possibilities with a falling £ have been scuppered. BT needs a stable economy & supportive govt to perform, not happening atm. Plenty of other considerations mentioned on this board.