We would love to hear your thoughts about our site and services, please take our survey here.
It's not so much the year end results that will be important, it's the guidance on how this year has started that'll make the difference. The current share price is way off analysts' forecasts, suggesting the market will play catch up on certainty... and the dividend yield.
I reckon the potential benefit to BAE of the UK joining the Asian version of NATO has been overlooked by the markets. If it goes ahead, it will involve commitments by the UK that should benefit BAE particularly, mainly because of its tech defence and unmanned capability... the stuff Biden also says he is also keen to fund/develop in the US...
If you double the capital value from here it's still only 66m. Double the share price and it over £1. However, if this closes above 55p, I think it's more likely to move quite quickly into that 70p-80p range I mentioned. Fingers crossed. I have a lot of these at an average of 32p.
Dartron, good call. I can't watch these things daily, so I tend to look long term. I was a big holder in Biff from a time after the float, but sold as it approached £3... mainly because of the debt. Now it seems to me that they didn't raise enough capital. They just don't generate enough cash at the moment. I would expect this to rise to 2.20ish before the long decline begins. Hope I'm wrong, but this seems to me to be a classic spiker. I'll look in again next year sometime.
PCI Pal®, the global provider of secure payment solutions, has been announced as a finalist in the 2020 Retail Systems Awards for its new PCI Pal Digital solution in the omnichannel solution of the year category.
The awards, which are in their 15th year, celebrate excellence and innovation in the retail sector and brings together the industry’s best for a notable occasion in the retail technology calendar. Winners will be announced at an awards ceremony on 19th October 2020.
Talking about the shortlisting, James Barham, CEO, PCI Pal said, “The market is experiencing a shift towards digital engagement and, as retailers add more digital solutions to their customer engagement strategies, it will be important to ensure adherence to increasingly stringent compliance and data privacy rules and regulations.
“Across our suite of solutions, including PCI Pal Digital, Agent Assist, and IVR, we enable a true omnichannel secure payments environment for retailers taking Cardholder Not Present payments – via any conversational channel across the globe. We are delighted to be shortlisted for the Retail Systems Awards and look forward to the winners being announced later this year.”
Excellent post. The only proviso I would add to that is, if they hold the dividend for this year then the low (if there is one) will come after the ex-date (perhaps that's what you meant and I mis-read). If held, it's worth 10p on this price immediately. So support on the downside should hold in that case. The threat of cancelling the dividend or lowering it, has been the stick with which they have beaten down the price. Once the certainty is there, that it's covered x2 and a 6% yield is available then the steady recovery will begin - at lease to 1.40. If I see sub £1 I will definitely be adding too for the long term. I want the income. I see JP Morgan are overweight for this stock now... 1.82, for what it's worth.
It occurred to me that (and I'm sure it has occurred to others already) by having Huawei integrated in the BT system it effectively gave BT protection from the US by making a US takeover (or merger with Sky) less likely - because it would be unpalatable to regulators over there. By being forced to strip Huawei out, BT has effectively been forced to make itself more attractive to Sky's parent company... especially in an atmosphere of industry merger. Maybe that's why BT is delaying the strip out as long as possible? I reckon, DT will soon need to watch its back, if it really is interested in BT. Like I said, just a thought.
According to the full article in the Sunday Times, Morgan Stanley think the full year dividend of 10.78 will be paid, B of A (BT broker) are expecting the full year dividend to be paid then cut afterwards. The size in the cut will indicate the board's confidence or lack of it. Anything above 7p for future dividends would put the shares on a very good yield in hard times and give the company cash. It'll be hard for the institutions to ignore the income.
BT has a track record of paying dividends when people don't expected them to. So if they do and pay that FY dividend. (or just about all of it) then cut it to 7p going forward, it will be a big shot in the arm for the share. That would give us a yield of 6% at current prices against a background of zero dividends from all major banks and major financials. Cutting future dividends will remove the elephant in the room (market's like certainty) and boost finances just when they need it. Should be an interesting week.
will be an interesting one... it's reported that they will only allow games to play behind closed doors. If that's the case there will be a lot of pent up demand and BT will benefit from that towards the end of the year. I'm not throwing in the family fortune, but I'm quietly buying again now for the turn around, hoping that this is about to outperform. Of course, I could be wrong. I'll know next week.
The more people talk about them, the more good it will do BT (assuming they pay one - which we'll know next week). As for Shell's cut - no one wants the stuff they produce any more. Technology is the new oil. Sooner or later the market will wake up to the fact that BT is in a prime position to benefit from the brave new world. Of course, I could be wrong. But then I don't only bet on one horse in a race!
The potential here is that you can buy a 6% yield today (assuming a cut of 50% in the dividend). Also, if they pay the final dividend, it's the equivalent of 11% on top. That's got to make it worth a punt at this price. Meaning there's a capital rise in it too. The game changer is the dividend. People are looking for dividends... and there aren't many about.