Bt Shares

[kylesmum]

They are on the up.
BT appear to have turned it round big style lately by acknowledging they had to diversify, so far they have done well.
I have shares, a substantial amount, I am itching to turn them in but I have a hunch they will take a hike when the Champions League starts, given BT Sports have bought the lions share of the viewing rights.
Anyone else who has BT shares dithering and what do you think?

[ubasses]

We are sitting tight at the moment. Whether that turns out to be right is anybody's guess. If you do decide to sell do not forget CGT, with a substantial holding it may be best to look at selling over a couple of tax years or more.

[kylesmum]

Thank you Ubasses. I've decided to sit tight as well , it could go either way but I'm going to take a chance !

[ukbod2015]

It's my guess they are upping because they are finally getting fibre into many previously underpowered areas I and pretty much all my neighbours changed over.

[alavahalf]

There were a lot of BT shares sloshing around as they recently bought back up to £160m worth from their employees who contributed to BT's share save scheme.
All this action will raise the price.
http://www.iii.co.uk/stockmarketwire/244808/bt-confirms-details-share-buyback-programme

Remember hunches can make you richer .... or poorer.
Good Luck !