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

Aug 24 for this year's final dividend which was paid on Sept 7. XD for the interims last year was Christmas Eve.

i was stopped out of my short on these this morning(:-. good luck with your holding S and all others.
regards
jkd

My target is also 180p imo.gl.

RESULTS FOR THE THIRD QUARTER AND NINE MONTHS TO 31 DECEMBER 2009

Key points:

Revenue of 5,198m, down 4%

Adjusted EBITDA1 of 1,444m, up 11% largely due to improvement in BT Global Services

Total underlying costs2 down 13% in the quarter, savings of 1.6bn achieved in the nine months

Adjusted earnings per share1 of 4.6p, up 53%, reported earnings per share up 188%

Improvement in free cash flow3 to 305m inflow compared with an outflow of 32m last year

Pension deficit payment of 525m made in the quarter

Net debt4 down nearly 1bn compared with last year to 10.1bn

Expect to deliver adjusted EBITDA1 of around 5.7bn and free cash flow3 of around 1.7bn for the full year

Cash cow.

Been hammered leading into and after results. Down another 4% today.

Yes - looking rather sick! - I still have the ones in the ISA and am still in profit atm.
I took a spread bet last week @123 and out @118. Now just watching!

Looks oversold to me but it doesn't mean it isn't going to fall some more.

just a small pension pot problem?! lol

worse than i realised... Pension worries continue to dog telecoms company BT, which is under the cosh today after ratings agency Standard & Poors (S&P) cut its rating on the groups debt to BBB-, barely above junk st atus. S&P said the need to pay hundreds of millions of pounds each year into the pension pot could constrain the financial flexibility of the group over the medium to long term in terms of shareholder returns and capital expenditures. no lol this time

HI gib//YOU STILL TAKE NOTICE OF(S&P)AS YOU SAY BARELY A RATINGS AGENCY????Ithink they taken to using a monkey to do their picks/

At 120p, BT still looks expensive, considering its pension issue remains a BIG problem.

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BT turns tables on Virgin in cable ducts fight

BT is demanding that Virgin Media opens its network of underground pipes to rivals.

The telecoms group wants to use Virgins network as part of its plans to upgrade its infrastructure and will put pressure on Ofcom to allow it access.

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I don't agree. The dive in sp after the pension figures was well overdone. Look at the date of the pension deficit valuation and look at the state of the market on that date. Now look at the state of the market and tell me what has happened to the pension deficit. The deficit is shrinking daily! I reckon BT is still fair value up to 150p.

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Looking likely to close the gap to 130?

Back on the up.

I'm still in skinny and happy to keep holding.