Arsenal, I was sarcastic in my post, responding to earlier post by some professional traders. Anyhow my naive assessment came from, MC minus £12.5B paid for EE which leaves leas than £5B for the rest. IMO BT is either seriously undervalued or there are some news kept away from public.
a) SP 170 or less tomorrow b) Sterling at its lowest against Euro/USD c) Big divi payout to DT d) Bojo’s ambition to rollout fibre broadband and likely to relax some hurdles. Are these encouraging enough to trigger a cheap hostile takeover offer for a company that makes good profit?
RE: "Free Cash Flow" media reports07 Jul 2019 22:23
The article doesn’t take into account reduction of pension contribution from £2B in FY19 to £1.2B in FY20 and 0.9B from FY21 onward. Also doesn’t take into account year on year price increase. Adding these up you get more than the £1.5B needed to cover dividend. Remember, dividend rate was increased due to the share price going down.
RE: Deutsche Bank have they got it right?07 Jul 2019 17:12
Deutsche Bank going to exit equity market, seems like they did not get it right for themselves, ditching €288B leveraged assets to bad bank. Any how they still keep the research arm ! “DB has unveiled one of the most radical banking overhauls since the financial crisis, closing swaths of its trading unit and hiving off €74bn of assets as the struggling German lender calls time on its 20-year attempt to break into the top ranks of Wall Street”
RE: SP back at level of 3 weeks ago24 Jun 2019 17:59
The DB analysts loosely says CAPEX increase which is obvious but doesn’t say by how many percent or £mil, as it may well be under control. However, they then today in a separate note rated Vodafone as buy with 240p target price, almost 100% price rise. BT and Vod have their own issues and strengths but it is not like that one is broke and the other is a shining star. Good luck to anyone invest based on such broker notes.
An analyst found the answer to fall ! ( text is copy pasted) In corporate news, British American Tobacco was the worst performer on the top-flight index even as it reaffirmed full-year expectations with constant currency revenue growth in the mid-upper half of long-term guidance range of 3-5%.
Being first 5G provider, I think is good. Those who are lookimg forwad to 5G will sign up, which will be tided to at least a year contract, pay £5 premium and have to upgrade their handset. All businesses have their down time occasionally but do you know any better provider than EE in the UK?
EE has battled to be the first to launch 5G networks against Vodafone which goes live in July. EE will charge a premium for the faster network of around £5 and has partnered with Google and Niantic, the company behind Pokémon Go which has developed a Harry Potter-themed game, for the launch.
FT news: EE, part of BT, unveiled its plan to launch 5G services next week with phones from Samsung and OnePlus. It had planned to offer Huawei phones but decided to exclude them due to the uncertainty following Google's decision.
Simple risk/reward going to 200 means 14p loss, to 300 is 86p gain. All volatility seems like smoke and mirrors than anything real. A broker spaculated divi cut and suddenly BT sp crashed. Avrohom, are you crowned as the new village idiot?