If Bt has bought back 2million 5 thousand shares to day. How come it shows on trades as a sell?

most of the people in openreach are the bt pension fund also if bt sold openreach what would bt have left ???

I am e employee of BT If bt want to sell there to just solve BT'S pension problem then all BT'S current and past employees should buy BT because net work it self worth lot more then todays value.(bt.a scrape coupper may be worth 4 times then to day bt values)

Told you so..

hello q..?

BT down to 115p -27p, not a good trading update but not a disaster either. We might see a over-reaction today, so I will look to buy at about 102p.

Yeah, 100p would be a fairer price...


BT to miss forecasts, Global Services boss quits - AFX


LONDON, Oct 31 (Reuters) - Britain's BT Group will miss earnings forecasts for its second quarter due to a poor performance of its Global Services unit and the boss of that division has now resigned, the company said on Friday.

'For the second quarter we expect to report that group revenue will be ahead of expectations but that EBITDA and earnings per share will be slightly below expectations,' it said.

It expects its BT Retail, BT Wholesale, Openreach and other activities to deliver results in line with or ahead of expectations but said the performance of the Global Services division had been poor.

Global services provides outsourced IT, telephone and network services to large companies.

BT said the division was now expected to produce an earnings margin in the range of 7 to 8 percent for the current financial year, which will knock group EBITDA into a small decline compared to last year.

Global Services had a medium-term EBITDA margin of 15 percent.

'We expect revenue growth in this division will remain strong, up 15 per cent year on year, but EBITDA of around 120 million pounds ($198.2 million) will be significantly below expectations,' the group said.

The fall in EBITDA was due to slower than anticipated delivery of efficiency savings and the continued decline in higher margin UK business.

The Global Services boss Francois Barrault will be replaced by group Finance Director Hanif Lalani.

The main consideration will be what sort of dividend will be paid long term as this is one of the supposed defensive income stocks as far as I understand

Justyi (Hlyeo) Perahps you can enlighten the board as to why 100p would be a fairer price? You know, do some of that fundamental analysis stuff? I won't hold my breath ;-)

They have said they will hold Q2 dividends at 5.4p the same as last year. So sticking at this time, but with a yield at about 13%, they have room to manoeuvre if they need to.

Sub 100p before I buy.

471271 - 23 Oct 2008 10:33 - 154 of 161
I am e employee of BT If bt want to sell there to just solve BT'S pension problem then all BT'S current and past employees should buy BT because net work it self worth lot more then todays value.(bt.a scrape coupper may be worth 4 times then to day bt values)

..........

No wonder the price is crashing... wouldn't be surprised if he's one of the directors too.

What happened to GS's 215p forecast.

Blood in the water hedgies biting

Lol Brian my thoughts exactly.

Societe Generale analyst Saeed Baradar says: 'Except the pension fund, which was the main area of concern, the stock has just seen its engine of growth (Global Services division) go into contraction, and its earnings and cash-flow are set to deteriorate.'

'It is now hard to see any bottom for the stock.'

No bottom for the stock ! A bit excessive ? Strange but I seem to remember experts on TV just a few weeks ago saying what a good defensive investment BT was (and Vodafone).

replay to ........ if this is way goes before we know bt. will own by other country.
If i was in board bt will be in around 10 mark

this will do a marconi...heading for half a p

lol , who's gonna listen to you after blowing your stash and ending up homeless maestro.

Your full of crap.

i am gonna be a big buyer of these at some point...divi cover is very good...one for the SIPP me thinks......maestro...stick to getting penny AIM shares compleetely wrong

If a black dog crosses your path tonight maestro you know what it means..?

I was unlucky with this one I bought at 1.6860, put a stop loss at 1.60 and got closed out at the lowest price of the day. they are now trading at 1.78 after hours do you think they will drop back down on monday.