Tax Season is Here! Save 15% on H&R Block Online
iconAll times are GMT -4. The time now is 10:53 PM. | Search:

» StockRants Stock Forum » Public Stock Forums » Euro / UK Stock Picks » Buy: BT.A (BT Group Plc)

Thread Tools Search this Thread
Old 04-29-2009, 09:32 AM   Nav to Top  #1
Junior Trader
Robbo's Avatar
Join Date: Apr 2009
Location: London
Posts: 6
Favorites: YELL, KDD, ACU
Rep Power: 144
Reputation: 199
Robbo has a spectacular aura aboutRobbo has a spectacular aura about
Default BT.A (BT Group Plc)

Great long term play. Excellent 'safe' returns.

BT Group always offer annual dividends totalling 15p. at its previous price of 240 this equated to 6% however given the price drop (85-90) it now equates to 17% annual returns.

Okay so they are to reduce dividends for this year only (up to 60%) but that will still give the holder a 7% return this year and thereafter the 17% return will be attainable.

or alternatively once the dividend reaches normal limits the price will have to return to 'normality' as the pension funds will undoubtedly jump on board - so over the next year expect this price to at least double if not triple.

As some of you know i got in at avg less than 85 - but think at 90 it is still worth a look.

cheers and good luck
Robbo is offline   Rate this post Yes | No Reply With Quote

Similar Threads
Thread Thread Starter Forum Replies Last Post
Long: MWA: Mwana Africa Plc (GOLD / AIM LISTED) VicVan Euro / UK Stock Picks 9 06-19-2009 11:57 AM
AGaines here loving the group! AGaines Introductions 3 04-26-2009 01:05 AM
READ: LVS Group & New Users Miles StockRants Announcements 0 04-22-2009 05:59 PM

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On