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

Good piece on BT..... http://www.tradinghelpdesk.com

PCM
you got verbal/posting diarrhoea? i shant take a look as i have no wish to be influenced.
regards
jkd

I said it was a good piece. I mean't articulate. Obviously I don't care whether or not you buy or sell. It's a FTSE 100 stock and I am not going to move it am I? I was just trying to help. Get over yourself.

Are you being paid to ramp that site PCM ?

have a rally in progress, from being in nice profit now find myself playing defensive once again, what a game.
regards
jkd

i was stopped out of my short today.tiny loss.stop too close maybe but that was the plan. it didnt work unfortunately. fortunately no harm done.
regards
jkd

From the Blue Index blog

BT Group and the Global Services Millstone
May 14th, 2009

The mauling of BT Group (BT.A) on fundamentals continues unabated after the UK fixed line telecommunications group announced further impairment charges from its disastrous Global Services division of GBP280m for Q4, along with an increase in the pension deficit to GBP2.9bn.

BT this morning reported overall Q4 losses of GBP977m against profits of GBP426m last time, although revenues rose 1% to GBP5.5bn, while EBITDA fell 14% to GBP1.35bn. However the group reported better-than-expected performances for BT Retail, where EBITDA rose 11% to GBP435m compared to consensus at GBP420m, and Openreach, where EBITDA rose 3% to GBP512m against a consensus of GBP496m.

Full transcript here
http://blog.blueindex.co.uk/2009/05/bt-group-and-the-global-services-millstone/

Bt on a bit of a run this morning.

The only news I can find is this - Rivals fail to back BT over challenge to online video

some interest at the moment .... looking for 120 when I will cut my losses .... not a good investment.

BT up again today - Digital Britain report due later today.

BT AGM Statement





TIDMBT.A

RNS Number : 6947V
BT Group PLC
15 July 2009

?


July 15, 2009


CHAIRMAN SAYS BT WILL EMERGE FROM RECESSION STRONGER


BT expects to deliver well over GBP1billion of cost *reductions in the current
financial year, whilst improving customer service, investing in a fibre future
and aiming to improve free cash flow** by over a third. This message was
delivered by BT's Chairman Sir Michael Rake, addressing shareholders at the
company's annual general meeting at the Barbican Centre in London today.
Sir Michael acknowledged that the company's 2008/09 financial year had been a
difficult one. Whilst three of the company's four market facing divisions (BT
Retail, BT Wholesale and Openreach) had delivered well, the performance of BT
Global Services had been unacceptable and led to the company making a number of
substantial charges. Sir Michael said that improving the performance of BT
Global Services was a key priority.
Turning to regulation, Sir Michael committed BT to fighting for fairer markets.
He said that BT must be able to invest and compete in any other country in the
same unrestricted manner in which non-UK companies can invest and compete here.
In the UK he reminded shareholders that BT has invested billions of pounds in
its network, which it makes available to all communications providers on a fair
and equal basis. He said it was vital that others also share their assets on a
fair and equal basis. In particular, he welcomed Ofcom's proposals to address
distortions in the Pay TV market but called on the regulator to act swiftly to
enforce fair access to premium TV content.
Speaking about the full year dividend of 6.5p Sir Michael said: "The Board is
committed to delivering attractive returns for shareholders. We believe that
operational improvements in the business will generate sufficient cash flow to
allow the dividend to grow at the same time as we invest in the business, reduce
debt and support the pension scheme".
Sir Michael said that by building a better business through focus on customer
service, cost transformation and investing in next generation networks, the
company will emerge stronger from the recession.


* capital expenditure and operating costs
** before pension deficit payments

Result of AGM

Worth a watch if you are a python fan or hold BT :-)

LOL skinny - Not as good as the original - but a worthy spoof.

If you are into that sort of thing, try this one.

http://www.youtube.com/watch?v=luVjkTEIoJc&feature=PlayList&p=7E6FFD3680B5736A&playnext=1&playnext_from=PL&index=2

BT & Vodafone in strategic partnership.

15% + in July

Yep. and I'm thinking of getting out to spread some risk. The only inherited share I kept (apart from RBS which I don't talk about). As you say a nice recent rise from it's low of around 70p.

Perhaps it's time to pull the plug.

I closed half of my positions in PSN LLOY RBS & BT yesterday as I thought things were getting too frothy. Suffice to say that all are up today!

I think you've done a wise thing. This rise has been running out of gas for a few days now. This is the first day I haven't played the miners. I suspect their run is over for the moment.