The BT share price is up 6%+ in a week. Could this be BT’s big comeback?

first_img Image source: BT Cliff D’Arcy | Tuesday, 4th May, 2021 | More on: BT-A We think that when a company’s CEO owns 12.1% of its stock, that’s usually a very good sign.But with this opportunity it could get even better.Still only 55 years old, he sees the chance for a new “Uber-style” technology.And this is not a tiny tech startup full of empty promises.This extraordinary company is already one of the largest in its industry.Last year, revenues hit a whopping £1.132 billion.The board recently announced a 10% dividend hike.And it has been a superb Motley Fool income pick for 9 years running!But even so, we believe there could still be huge upside ahead.Clearly, this company’s founder and CEO agrees. The BT share price is up 6%+ in a week. Could this be BT’s big comeback? Last week produced a rare ray of sunshine for BT Group (LSE: BT.A) shareholders. The BT share price rose steadily all week and continued rising on Tuesday. Over the past week, BT shares are the fifth-best performer in the FTSE 100 index. Could this be the start of a long-awaited comeback for the stock?BT shares surge since MarchIn late February, the BT share price was sagging. On 26 February, it closed at 123.55p. As I write, the shares trade at 168.35p. That’s an increase of 44.8p — more than a third (36.3%) — in just over two months. This was a much-needed shot in the arm for BT.A, which has pretty much been in free-fall since 2015.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Since Tuesday, 27 April, the BT share price has gained 9.75p (6.1%). Also, the stock is up over one month (+6.6%), three months (+27.9%), six months (+62.7%), and one year (+42.1%). However, as with many other FTSE 100 stocks, BT shares plunged in 2020 as Covid-19 spread.The BT share price has bombed since 2016The BT share price has soared since Halloween 2020, but has been a long-term dog for shareholders. Over two years, BT stock is down 28%; it has lost 33.9% over three years. Over five years, the loss is a gruesome 62%. Up until 2020, I’d need a gun to my head to get me to buy BT stock. But in 2020–21, I see long-awaited recovery potential for BT shares, so I’ve changed my mind.BT returns to its rootsThe BT share price hit its post-2000 peak above £5 in late 2015, but that’s long ago. Recently, BT’s corporate story has been one of managed decline. Its revenues and net income have been shrinking since 2017. But I’m genuinely optimistic that the telecoms giant might stage something of a comeback.One interesting development came last week: BT is considering selling its BT Sport arm to a rival media corporation. In these early-stage discussions, big names in the frame include The Walt Disney Company and Amazon. I’ve long been wary of BT’s foray into sports broadcasting, given the sheer financial firepower of rivals such as Sky. Ditching its sports division could free up well over £1bn a year to invest in BT’s core businesses. By returning to its roots in telephony and broadband, the company has a decent chance of boosting the future BT share price.Would I buy BT.A today?In common with many FTSE 100 firms, BT suspended its dividend in 2020. Even without Covid-19 to blame, this cash pay-out needed trimming. This cutback will free up valuable cash to support future growth (especially in Openreach, BT’s highly profitable infrastructure division). Also, higher cash flow could help tackle BT’s £17bn of net debt and strengthen its balance sheet.Would I buy today with the BT share price at just over 168p, for a market value of £16.4bn? I think so, although I would probably wait to see the full-year results due on 13 May. Also, given BT’s recent chequered history, I’d tread carefully. For BT stock to really captivate me, I’d like to see free cash flow of £1bn to £1.5bn. However, if yearly capital expenditure soars beyond £3bn as BT Openreach rolls out UK-wide full-fibre broadband, then I’d certainly think twice about holding BT shares! I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Learn how you can grab this ‘Top Income Stock’ Report now John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Cliffdarcy has no position in any of the shares mentioned. The Motley Fool UK owns shares of and has recommended Amazon and Walt Disney and recommends the following options: long January 2022 $1920 calls on Amazon and short January 2022 $1940 calls on Amazon. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.center_img Our 6 ‘Best Buys Now’ Shares Enter Your Email Address Simply click below to discover how you can take advantage of this. The Motley Fool UK’s Top Income Stock… See all posts by Cliff D’Arcy Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee.last_img read more

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Pasadena Host Lions Club to Host the 82nd Annual Student Speaker Contest

first_img Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Name (required)  Mail (required) (not be published)  Website  8 recommendedShareShareTweetSharePin it EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Photo taken from previous year’s Student Speaker ContestThe Pasadena Host Lions Club will host the 82nd Annual Student Speaker Contest on Tuesday, February 12 at 6:00 p.m. The contest will be held at The Salvation Army Tabernacle inside Fellowship Hall at 960 E. Walnut Street in Pasadena.This year’s topic is Freedom of the Press: What does it mean? Join the future leaders of America as they compete in rhetoric for a cash prize. This multi-level contest will continue into the Spring and the overall winner receives $21,000.00 US dollars in scholarship money to be used in college, trade, or technical school after high school graduation.The purpose of the contest is providing an opportunity for competitive public speaking among students on a subject of vital interest to the American people. The Lions Clubs encourage self-expression and independent thinking; therefore, it is important to present to the public, through the student speakers contest, the problems surrounding the maintenance of this country as a free nation and to consider the means at our disposal of solving world problems.In support, Pasadena Councilmember Andy Wilson of District 7 will be a judge, as well as Eremita Miranda, the Education Chair of the Institute of Electrical and Electronics Engineers (IEEE), Nicholas Everett, Attorney at Primuth, Driskell & Terzian, LLP, in addition to Kurt Graf of National Geographic Learning.For information contact, Lion Kerstin Brucki at (213) 410-6130 or email [email protected] Community News Subscribe Business News faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Herbeauty10 Most Influential Women In HistoryHerbeautyHerbeautyHerbeauty7 Most Startling Movie Moments We Didn’t Realize Were InsensitiveHerbeautyHerbeautyHerbeautyThese Are 15 Great Style Tips From Asian WomenHerbeautyHerbeautyHerbeauty6 Strong Female TV Characters Who Deserve To Have A SpinoffHerbeautyHerbeautyHerbeautyIs It Bad To Give Your Boyfriend An Ultimatum?HerbeautyHerbeautyHerbeautyYou Can’t Go Past Our Healthy Quick RecipesHerbeautyHerbeauty Top of the News center_img Community News Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Make a comment First Heatwave Expected Next Week Your email address will not be published. Required fields are marked * Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. More Cool Stuff Uncategorized Pasadena Host Lions Club to Host the 82nd Annual Student Speaker Contest From STAFF REPORTS Published on Tuesday, February 5, 2019 | 8:20 pm Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadenalast_img read more

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Donegal roads the 3rd most dangerous in the country

first_img Pinterest RELATED ARTICLESMORE FROM AUTHOR Andrew McGinley says his children are getting him through life Facebook By News Highland – June 30, 2014 Google+ WhatsApp New figures show Donegal to be the third most dangerous county in the country to drive in.The Road Safety Authority figures, which are based on population rank Donegal the third most dangerous behind Kerry and Cork.The figures show that the national average of deaths on Irish roads per county last year was 41 per one million people.Donegal is much higher than the average, with the equivalent of 81 deaths per one million people, twice the national average.The figures have led to concerns that the reduction in deaths and serious injuries on Irish roads in recent years are in danger of being lost.The RSA has also released figures on drivers disqualified for have 12 points or more on their license. In 2012, 7 drivers lost their license in Donegal, that fell to 2 last year. Google+ Lárionad Acmhainní Nádúrtha CTR to take part in new research project Gardai investigate deaths of two horses on the N56 Newscenter_img Pinterest WhatsApp Donegal retains 14 Blue Flags, Lisfannon is not restored Donegal roads the 3rd most dangerous in the country Facebook Twitter LUH still not ready to restore IT systems Previous articleDonegal man escapes jail for posting on ex-girlfriend’s FB pageNext articleGillick follows O’Rourke into retirement News Highland Twitter Gardai investigate Castlefinn burglarylast_img read more

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