It has been quite a fall from grace for NYSE:BT which has just gone from one controversy to the other, one of which was questionable accounting, one of the deadly sins for any stock. Despite been a cash making monopoly, profits have gradually dropped lower and lower while In the 2017-18 accounting year, the CEO was awarded a £1.2million bonus while the stock had plunged 30%, he agreed to a 50% cut in 2018-19, but that did not ease the unrest amongst investors. He later resigned and left the restructuring job to former NYSE:WP CEO Philip Jansen.
Mr Jansen has to tackle many key issues, and very quickly
Huge pension deficit
Increased competition
Job cuts
Brexit
Poor investor relations, which also hampers cutting the very large dividend.
5G implementation
Bt has so many similarities to
GE
, but is not in such a dier position yet, it still is profitable, has cah at hand, owns the communication infrastructure, has diversified businesses worldwide and has a treasure chest in 5G that needs unlocking.
The current stock position is very low and completely oversold, currently sitting on support from 2011, it could provide a GREAT REVERSAL BOTTOM FEEDING OPPORTUNITY. Keep on watch for signs of buyers returning, which the will soon.
AVERAGE ANALYSTS PRICE TARGET $17.91
AVERAGE ANALYSTS RECOMMENDATION OVERWEIGHT
10 BUY
6 HOLD
P/E RATIO 8.98
YIELD 7.37%
COMPANY PROFILE
BT Group plc provides communications products and services in the United Kingdom, Europe, the Middle East, Africa, the Americas, the Asia Pacific, and internationally. It operates in four segments: Consumer, Enterprise, Global Services, and Openreach. The Consumer segment offers mobile, broadband, home phone, and TV services under the BT, EE and Plusnet brands. The Enterprise segment sells communications and IT services to businesses and public sector organizations; and provides network products and services to communications providers. Its services include fixed voice, mobile, converged connectivity, and networked IT. The Global Services segment offers enterprise communications services, including managed network and IT infrastructure services to enterprise customers.
Mr Jansen has to tackle many key issues, and very quickly
Huge pension deficit
Increased competition
Job cuts
Brexit
Poor investor relations, which also hampers cutting the very large dividend.
5G implementation
Bt has so many similarities to
GE
, but is not in such a dier position yet, it still is profitable, has cah at hand, owns the communication infrastructure, has diversified businesses worldwide and has a treasure chest in 5G that needs unlocking. The current stock position is very low and completely oversold, currently sitting on support from 2011, it could provide a GREAT REVERSAL BOTTOM FEEDING OPPORTUNITY. Keep on watch for signs of buyers returning, which the will soon.
AVERAGE ANALYSTS PRICE TARGET $17.91
AVERAGE ANALYSTS RECOMMENDATION OVERWEIGHT
10 BUY
6 HOLD
P/E RATIO 8.98
YIELD 7.37%
COMPANY PROFILE
BT Group plc provides communications products and services in the United Kingdom, Europe, the Middle East, Africa, the Americas, the Asia Pacific, and internationally. It operates in four segments: Consumer, Enterprise, Global Services, and Openreach. The Consumer segment offers mobile, broadband, home phone, and TV services under the BT, EE and Plusnet brands. The Enterprise segment sells communications and IT services to businesses and public sector organizations; and provides network products and services to communications providers. Its services include fixed voice, mobile, converged connectivity, and networked IT. The Global Services segment offers enterprise communications services, including managed network and IT infrastructure services to enterprise customers.