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

Good turnaround. I think many short positions have to be closed with loss.

Anyone got a 5 year chart handy for these ... moneyams is still bust.

Cheers

Dil,

I will speak to James again today and get him to update you.

Ian

my prediction of 280p from a year ago is looking great.

Ian .... chart still knackered ?

Dil,

James is still waiting for a reply from our suppliers about the missing historical data. As soon as he has one I will let you know. You have my apologies for the delay in getting this resolved.

Ian

Any help:



By the way, from MoneyAM

Yeah I can do that starfrog but try going back further to get the full picture !

Cheers Ian but it does appear that your supplier couldn't give a toss :-)

Dil - you originally asked for a 5 year chart (post 82). I don't mean to be picky, but this is a 5 year chart. LOL

But here's an all-time chart for you.

Lol , ta StarFrog but it feels like 3 years ago I asked for the 5 year chart :-)

Cheers

And it still aint fixed !!!

Me first :P

If they would give me the suppliers number then I would get it fixed for them choccie.

Demand a refund Ian your being ripped off , this is not the only company where the data has been truncated either !

I am a long term holder of bt but, around 70% of my holding was purchased around the 220p level as a recovery play. I had confidence in the new management to turn the situation around. The shares now stand at around the 327p level but, I remain bullish. I tend to take into account the many guides to investment but, I seek opinions on the present chart outlook. I am not a chartist myself but get a feeling that now the price is above 320p they look to be in for a further favourable move. Your views will be appreciated.

Interesting comment about BT today on page 15 of Shares magazine (Vol 9 Issue 22). Company bought further shares yesterday at 330p . sp currently 333p and seem well underpinned at present by prospect of increasing dividends and the buy back program. I think institutions will appreciate its defensive merits in what could become a volatile market over the next few months.

BT is very much a winner now ..... 70% of the broadband market ,,,, 845 847 890 etc numbers ? 5 by the year end Gus.

Yes tipton11 very much on an upgrade and, network and consultation services for companies worldwide another bullish aspect. Hope you are right about 500p by year end although I would be happy to see 400p. I am sure the Board would like to see the price higher to help avert any ominous stake build up.

Gus - Nice to find a Board that realises the way to increase share value is by paying better dividends not with buy backs which only tend to hide a firms' lack of performance and incidently make a take over easier and more productive ... with Directors like Boots any firm would go to the wall.

Perhaps I was too optimistic about BT but why not?

I agree tipton11 that dividend increases can enhance or at least underpin a share price, assuming a company can afford to do so. In BT's case the dividend is covered and future earnings prospects look good. BT have also been buying back shares as well, from around 200p and above. Infact, it may even have been below 200p. I think the Board believed they looked good value at lower levels but when the shares were around 220p, the Chairman seemed bemused that the sp remained so low. Buy backs helped boost the price while keeping loose stock in less aggressive hands from BT's veiwpoint. Buybacks are only helpful if earnings can be enhanced to the benefit of shareholders. Marks and Spencer would be a good example. I agree that they are not advisable in all cases.