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

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.

Cheers decking! When a friend of mine gets one of those calls he asks them if they're wearing underwear! So far none have either answered his question nor continued the sales patter ;-)

I've read the paper comments below;

http://www.thisismoney.co.uk/news/article.html?in_article_id=397912&in_page_id=2

http://www.guardian.co.uk/business/story/0,3604,1410469,00.html

http://news.independent.co.uk/business/news/story.jsp?story=609932

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2005/02/11/cnbt11.xml&menuId=242&sSheet=/money/2005/02/11/ixcity.html


and am more than happy to continue to hold or buy more near to 2.00

Read the FT in the library (public not the one in my castle!) and they were quite kind to BT - However they did mention that they're more popular with the general public than analysts - I've no idea whether that's good or bad?

Some things none of the reports mention are the tremendous cash flow BT has, leading to the reduction in debt, it's great dividend growth and it's share buy back policy. I always read that strong cash flow = very good but the analysts seem to ignore it!

I doubt it will happen but a takeover would be self financing with BT's cash flow so I heard. It'd be nice business for all the institutions who strive hard to keep the share price so low!

I stuck some in the SIPP today.

Upgrade for BT
MoneyAM
BT Group has been upgraded to 'in-line' from 'underperform' by Goldman Sachs following Q3 results.

In Goldman's view, BT's underlying revenue performance is enjoying a mini-renaissance driven by strong demand for broadband and market share gains in Information and Communications Technology (ICT).

Moreover, the broker said downward pressure on core voice revenues appears stable with no signs of an acceleration in the next two or three quarters.

In addition, Goldman noted BT's International Financial Reporting Standards (IFRS) presentation in March should provide greater clarity on the size of any adjustments to net debt required to restate for the 2.4bn property sale and lease back. In Goldman's opinion, this is likely to renew focus on the scope for re-leveraging the balance sheet.

There are a range of issues that Goldman believes BT's board will be considering in relation to its medium-term gearing and its ability to release more cash to shareholders. Goldman said it thinks these include: balance sheet strength to support continued expansion in the ICT market, M&A opportunities, opportunities in mobile, pension funding requirements and the impact of IFRS.

However, Goldman noted that despite the current relative strength in BT's revenue performance, its forecasts continue to reflect a fairly cautious outlook for the group. Medium term, Goldman said it still sees significant structural pressures from mobile substitution and Local Loop Unbundling-based competitors.

Come on bt.

BT are also now offering a free upgrade for those on 1Mb Broadband to 2Mb as the same cost,a very good deal.

Big volume for midday !

MMO2 rose rose 2 per cent to 124.5p as Deutsche Bank advised investors to switch into the mobile operator from BT Group, off 0.5 per cent at 206p.

Deutsche said negative regulatory newsflow was about to start flowing for BT with a consultation on the valuation of the copper network due on March 15.



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