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FT article. Part 1

News of a new chief executive at BT should have been cause for celebration for investors who have seen the UK telecoms group’s market value halve over the past two years. Yet the reaction to Philip Jansen’s appointment on Thursday as the replacement for Gavin Patterson was a 4 per cent slide in the share price. Shareholders — and activist investor Greenlight Capital — had sought to put a potential break-up of the compan y on the new chief executive’s agenda. But Jan du Plessis, who marked his first anniversary as BT chairman by appointing Mr Jansen, ruled out a clean break with the past when he said a full spin-off of the company’s Openreach network division or a dividend cut were off the table. Wilton Fry, an analyst at RBC, said the chairman’s comments “pour cold water” over hopes for a radical overhaul. Mr du Plessis argued instead that Mr Jansen would rapidly “get to grips” with the basics of getting the world’s oldest telecoms company into shape. Mr Jansen has been drafted in to pick up the pieces of the Patterson era, which has been broadly defined by a push into media — via expensive sports rights — at the expense of investment in faster fibre broadband networks. He will inherit his predecessor’s restructuring programme, which includes the plan to axe 13,000 staff.

BT cuts off investors calling for shake-up

Shares fall on Jansen appointment with chairman ruling out Openreach sale or dividend cut

https://www.ft.com/content/ce4a778e-d86e-11e8-ab8e-6be0dcf18713

Well at least we held on to 240p today closing @ 240.55p down 9.65p.

A bounce tomorrow would be nice. Any thoughts Velo?

there is nothing yet showing it's face to indicate BT will get severely punished.

Hi Velo,

I hope that you're right mate. BT are down 6.05p in two days. Let's hope tomorrow is a better day on the markets.

Is BT Group plc on course to reach 300p?

https://investomania.co.uk/2018/10/is-bt-group-plc-on-course-to-reach-300p/

Dallo,

I hope that you're right mate. A bid in the region of 220p would be most welcome.

I would agree with your comments Dallo, with the share price heading lower currently 154p ITV look vulnerable to a bid. However is they’re really a potential predator out there, or are we fooling ourselves?

https://seekingalpha.com/article/4210304-bt-group-strong-buy

ITV scraps plan to return to London headquarters - FT

Tue, 9th Oct 2018 10:03

Oct 9 (Reuters) - Britain's biggest free-to-air commercial broadcaster ITV has decided to sell its London headquarters instead of returning to it after a planned five-year redevelopment, the Financial

Times reported on Tuesday citing people familiar with the plans.

The report https://on.ft.com/2C4t3NA did not give any indication on how much ITV expects to get for the site, which it bought in 2013 and is located on London's south bank. (Reporting by Shashwat Awasthi in Bengalurul; Editing by Bernard Orr)

https://www.cnbc.com/2018/10/05/david-einhorn-dumps-apple-on-fear-of-chinese-retaliation-against-americas-trade-policies.html

3rd October 2018

ITV plc - Response to press speculation

In light of continued press speculation, ITV confirms that it has no current intention of making a bid for Endemol Shine Group.

Is a BT Group plc turnaround becoming increasingly likely?

https://investomania.co.uk/2018/10/is-a-bt-group-plc-turnaround-becoming-increasingly-likely/

When will the ITV plc share price return to 200p?

https://investomania.co.uk/2018/10/when-will-the-itv-plc-share-price-return-to-200p/

Yes, nice 5p move on 56m volume of shares traded. A nice spike in the ADR price in the US. Lets hope that we can see some follow through for the rest of the week.

https://www.fool.co.uk/investing/2018/09/07/1-ftse-100-dividend-stock-that-id-stay-away-from-and-1-that-id-happily-buy/

Taking the stage

I’d be much more content to choose Footsie broadcasting colossus ITV (LSE: ITV) instead.

Firstly, this stock boasts a lower prospective P/E ratio of 10.1 times. Secondly, last year’s 7.8p per share dividend is anticipated to jump to 8p in 2018 before rising to 8.2p next year, figures that result in giant yields of 5.1% and 5.2% respectively. And thirdly, while City brokers currently forecast a 3% earnings drop in 2018, conditions are becoming increasingly favourable for ITV as advertising spending recovers, a situation that could well push the business back into earnings expansion as early as next year.

Ad revenues rose 2% during the six months to June, but improving conditions in the ad world aren’t the only cause for celebration. I am particularly excited by the progress ITV Studios is making with revenues up by double-digit percentages in the first half. The broadcaster has pumped investment into its production arm of late and this is reflected in how popular its programming is increasingly becoming across the world. And the show pipeline looks strong, up 16% as of June to 263 new or recommissioned projects, offering ITV plenty of exceptional revenues opportunities now and in the years ahead.

In addition, its drive to become a truly multichannel broadcaster across its traditional television arena, as well as online, is setting it up nicely to latch onto the changing way we viewers absorb media. There’s plenty to celebrate at ITV right now, and I’d be happy to sell out of Kingfisher to stock up on its shares.

Liberty will soon (within the next 8 months) have £13 billion from the proceeds of the asset sale to Vodafone. I won’t rule Liberty out until after this outcome. The patient investor may well be rewarded.

I'm still holding on here Solley, waiting for Mr. Malone to make a move.

https://www.fool.co.uk/investing/2018/08/19/3-top-ftse-100-dividend-stocks-im-buying-right-now/

ITV (LSE: ITV) is the final dividend stock on my list. With a dividend yield of 5.1% at the time of writing, ITV, along with Glaxo and BP, supports one of the best dividend yields in the FTSE 100.

The shares also trade at an attractive multiple of 10.6 times forward earnings, even though City analysts have pencilled in EPS growth of 9% for 2018. In my opinion, this rate of growth deserves a mid-teens multiple at least.

It would appear investors are concerned about what the future holds for the broadcaster. Recently, the group’s new CEO, Carolyn McCall, announced plans to spend more on content in an attempt to take on US media giants such as Netflix.

Only time will tell if this strategy will pay off, but I believe it is the right choice for the group. Without spending more on content, ITV risks being left behind. By investing for the future, it will be able to guarantee its dividend for many years to come.

Velo et al, you could try moneyam for an up to date share prices. (Link enclosed below). Once registered for free you will have access to live trade prices that also includes UT closing price in real time, and a lot more besides. You may occasionally find that you have to refresh the page once timed out. Give it a try and let me know what you think.

https://www.moneyam.com/trades/?epic=BT.A&type=stream&timeFromDate=2018-05-25&timeFromTime=00%3A00&timeToDate=2018-05-25&timeToTime=23%3A59

My apologies Aus, my comment should have referred to an earlier post @ 17.08pm and not yours, I actually replied to the wrong thread, my mistake.