Home
Strategies
Long Term Holding
Short Term Holding
CFDs & Leverage
The AIM
Long Term - Trackers
Tools
Case Studies
Commentary
Company Commentaries
Big News Commentaries
Should I Buy Shares In...
Case Studies
Misc
....For Dummies
2020 Dip
Historic Pricing
Feedback
Show Feedback
Add Feedback
Create User Name
GDPR
Menu
Home
Please see site map
Long Term Holding
Short Term Holding
Company Commentaries
Should I Buy Shares In...
BT Group (lon:bt.a)
Is BT's Price Too Dependent On Football
BT Group Financials
Item
Current Period
Previous Period
Year
N/A
N/A
Period
Revenue
Earnings
Adjusted Earnings
EBITDA
Adjusted EBITDA
Statutory Profit
Adjusted Profit
Total Debt
Net Debt
BT Group Share Price
Grade:
No grade has been assigned to this company
Title:
Is BT's Price Too Dependent On Football
Company:
BT.A - BT Group
Share Price Then:
290p
Author:
Ian Smith
Date:
Tue 11 Jul 2017
Comments:
The BT share price has been on a gradual decline since the start of 2016 where it peaked at 500p and it seemed that 350p may have been a natural level after a bubble inspired by selling Broadband on the back of Premier League football.
This possible adjustment was scuppered in Jan 2017 when there were some accounting issues in Italy, although the actual costs of the mis-accounting were significant at £530m, this was about 3 months profits so was hardly business threatening.
This scandal seems to have encouraged a neagtive view and the gradual decline has returned with the share price currently at around the pre 2008 crash level.
So If prices at around 300p reflects BTs value as a telecoms provider rather than telecoms provider plus hype related football is it due to fall further before people realise that is is over sold?
The dividend for 206/2017 was 15p which is 5% at the current share price and no talk of cancelling dividends.
Net debt is £9bn which is roughtly 4 years profits which doesn't seem too much
Read Count:
99
Buy/No Buy In A Nutshell
Negatives
Positives
Initial Review Price
0p
Last Review Price
0p
Last Review Date
Navigation & Details
Pages
Home
Home.
Commentaries
Select Commentaries.
My Grades
Clarification
Share Commentaries, their purpose.
Clarification of the intent of these commentaries.
Previous Commentaries On BT Group
There are no previous commentaries for this company.