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BT
Inderpal Singh Khalsa
Posted: 14 April 2018 07:21:51(UTC)
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After a long while there have been some upward movements for BT

Share Price Changes - iwebshare dealing
Period Price Change Percent Change
1 week 234.55p +6.95p +2.96%
1 month 225.50p +16.00p +7.10%
3 months 274.90p -33.40p -12.15%
6 months 274.85p -33.35p -12.13%
1 year 313.10p -71.60p -22.87%
Additional BT Group Price Data

BT Group plc: Berenberg reiterates buy with a target price of 310p.

Is the dead Cat bouncing back?
Is there any hope of recovering the losses?
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Mr Helpful on 14/04/2018(UTC)
MartynC
Posted: 14 April 2018 07:49:57(UTC)
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A couple of my friends recently retired from BT at the age of 60 on very good Final Salary pensions. - I believe the legacy DB scheme will be a burden on the company for many years to come but I understand it was closed to new entrants (like many other DB pension schemes) in 2001.
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Mr Helpful on 14/04/2018(UTC)
Mr Helpful
Posted: 14 April 2018 07:59:19(UTC)
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Having recently added BT.A to the 'defensive side' Infrastructure holdings; rather than the more logical perhaps Risk/Growth side, am content to lie back and enjoy the dividends.
Think it a little early to conclude decisively that a bottom has formed, A few more fluctuations needed yet.
Then there is the matter of the impending results. What may they reveal?
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Inderpal Singh Khalsa on 14/04/2018(UTC)
Tyrion Lannister
Posted: 16 April 2018 00:05:01(UTC)
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Like lots of people, I bought BT shares primarily for the income and on paper I’ve lost significant money wrt share price.

However, in the medium term, I really don’t care about the share price. I do though care about dividend cover. At only 1.25, is this cause for concern?
King Lodos
Posted: 16 April 2018 00:38:36(UTC)
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I don't know BT's business in great detail ..

But what I do know is it's never been a good idea to buy a stock for the dividend .. If you want income: buy the bond, all day.

A company that destroys value to pay a dividend is just an expensive annuity, until it goes bankrupt .. I say this because I have to remind myself: When you buy a stock, you have to know enough about the business to know what you'd do if it fell 10, 20, 60% .. Doing nothing means we maximise our mistakes, and fail to capitalise on the market's – it means we didn't know enough about the business, and when you buy a stock: it's the business you're buying; not the income



Mr Helpful
Posted: 16 April 2018 07:57:21(UTC)
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Tyrion Lannister;60685 wrote:
However, in the medium term, I really don’t care about the share price. I do though care about dividend cover. At only 1.25, is this cause for concern?

The next set of results should illuminate somewhat?
In 2017 results it will be noted, there was a huge discrepancy between basic earnings and adjusted earnings (19.20p v 28.90p).
The half year results echoed.

P.S.Think it unlikely dividend growth will be in the double digits of old.
Flat, or in line with inflation, might be a more rational decision.
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Sara G on 16/04/2018(UTC)
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