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

Anybody had there divi cheque today ?

Not so far

I've got a note in my diary that the divi is only due on the 17th Jan.

I think it's 7th of February? Any advance on that?
Thankfully, through laziness, I never did get round to selling these.
Technically they're now looking very strong so Im going t0 ride the wave.

Cheers all i thought it was the 7th of jan,i must be wrong.

I stand correct - the BT web site says 7th Feb.

A month to early never mind i can wait , cheers all.

Took my profits at 2.10, would advise others to do same. History of this stock shows it's about to peak, broadband market reaching saturation point, margins being eroded plus regulator squeezing the life out of it.

However - this stock continually gives a dividend, with increasing value. Worth holding long time imo. Personally, taking into account bonus payouts, dividends and demergers, I have made over 96% profit on BT since privitisation back in 92. Maybe not a great amount considering the time frame, but regular dividend cheques go a long way to paying my phone bills. I'm happy. :>)

Chart suggests its now in an uptrend , 280p target but needs to clear 220p resistance level before I add more

I would call support at 170-180p. Last three months have seen breakout above all three moving average indices. (I don't use them, but many do).

imo, dyor, hello, etc.

It must be all these ladies on the phone talking,thats driving it forward today ,sorry girls.

DD - We savvy girls don't use BT anymore :-)

Oh i mobile.





























only joking jj.

BT again beats expectations - and falls!

BT Group was pushed lower after brokers gave a mixed reaction to its third-quarter figures, despite better-than-expected profits.

Merrill Lynch reiterated its sell advice and 175p target, saying that the results do not change the fact that the UK telecoms market is facing long-running structural risks. Nomura stuck with its neutral stance on BT Group.

Forward earnings appear to be on the way towards 20p for 2005 which implies a divi of 12p - or a PE of 10 and yield of 6% - The PE, I believe, is quite a way below other European fixed line operators.

One for the pension fund I think?

Yep , thinking of adding some to my SIPP.

Does anyone any idea what ML mean by - "the UK telecoms market is facing long-running structural risks"?
We know that BT are loosing some historical fixed line business - Is there something else that ML are concentrating on? ADSL over mobile maybe?

Oh well onwards & upwards,5 million subscribers almost to,,& no i`am not one.

lol

brianboru
probably something to do with ofcom(telephone regulator)wanting to open the fixed line and broadband up to competition. hence the innumeral telephone sales and doorstep visits from other companies wanting you to sign with them for cheaper rate calls. these companies let you keep your bt number. they have no telephone lines or exchange routing equipment of their own and just pay bt for the line rental. i must have had at least 200 of these sales calls, many from abroad with accents ,lets say, a little difficult to understand. my partner has devised a way of dealing with them,just keep tapping the dial button for a while at the same time saying hello, hello and then hang up.