Avy you mss the point of my post. BT has introduced a lot of measures that could make cutting the divi irrelevant. Hence it’s a possibility not a done thing like you think. We’ll be in a pretty bad state if after all the proposed changes we’re still languishing under 200 with an 8% divi end of next year
I think divi if cut it would be only 10% There’s a lot going on with staff reductions , downsizing and selling off departments which is why there 'may' be a divi cut not a definite one. A lot can change in a year and it’s no coincidence that the forecast reductions in wages within this time is £1.5bn, miraculously exactly the same as the divi cost
Almost too nervous to write this ...lol Been a lot of negative announcements recently with DB and I think at least one other downgrade, plus possibly reducing the divi. SP has bounced around the low 190’s but appears to be steadying .. hope it’s a good sign :-)
RE: How long before the damn bursts?10 Jul 2019 18:11
Why no buyout? It’s no secret DT was interested. Combine the SP drop, pound drop, pension deficit drop and the fact BT now encompasses their own EE (which they were paid handsomely for, and BT is now a mere fraction of its value three years ago. And what’s actually changed? BT didn’t get an expected £500m form Italy but everything else is not that much different . BT isn’t a mining company whose seam has run dry, it’s a profitable business that’s demand for it’s prod will only increase . Hence, something has to give and maybe it’s rose tinted glasses but I think it will be soon
Seriously, this is like waiting for a stretched elastic band to snap. Enough pussy footing around and do something drastic. Buyout or bust, I really don’t care anymore but this ‘limbo’ can’t go on like the CEO just said in his pathetic speech. What will happen when the divi hits 10%? Looks like DB had a heads up on todays no new news. Has the CEO just painted the way for a selloff? it is what he's know for afterall Would anyone really be surprised to wake up one morning to a sp of £4?
RE: BT TO INCREASE DEBT AND CUT DIVIDEND.10 Jul 2019 16:32
Avy, Of course it’s to do with Ofcom and Brexit! BT is being held by the throat by Ofcom whose business model is to give BT's profits away to leeching other companies and prevent investment. Why should we shareholders have to pay for investment in this ridiculous scenario? Sod em lets fold the business and share the £8 a share proceeds
And as for Brexit, I said before colleagues lost their jobs and BT lost millions in business the day after the wreckorendum so don’t give me that bull.
RE: Orange sold remaining stake in BT01 Jul 2019 18:55
Avy. DT were wrong as they had BT as a sell in the 200's yet they rose to £5. Not good or even correct advice ...simples As said they’ve always been negative so bound to be right 50% of the time and just lucky? Or more like just trying to influence
RE: Orange sold remaining stake in BT28 Jun 2019 07:56
Mmmm. I wonder how many DT bought? Could explain the sell recommendation by their partners DB to lower the SP for today’s deal. Grassy knoll or just usual greed ? You decide, but I believe DB is as straight as a horse shoe
We all knew you meant Deutsche Bank but I have to disagree..partly. Was it chicken or the egg? Did DB call it or was it’s constant BT bashing also responsible or just lucky? I say this as having checked , DB has always been negative even when it was rising all the way up to £5. So there is more to DB than we know and it has, I believe , an agenda which may even be crooked
RE: SP back at level of 3 weeks ago24 Jun 2019 17:12
Just checked and Deutsche Bank has NEVER had BT as a buy, even on their way up to past highs....mmm? Did they call the drop right or were they complicit in its fall? We’ll know when DB puts its almost inevitable bid in maybe the near future.