Tom Rodgers | Tuesday, 30th March, 2021 | More on: BT-A Image source: Getty Images Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! These cheap FTSE 100 shares are at bargain prices — should I buy? 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. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. TomRodgers has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. 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. 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. “This Stock Could Be Like Buying Amazon in 1997” Enter Your Email Address With US growth shares selling off heavily, my thoughts are turning to cheap FTSE 100 shares for their income potential. Today I’ll consider BT (LSE:BT). It’s a FTSE 100 blue chip that could offer me tidy capital gains from share price growth, along with healthy income yield when dividends return.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…BT nowThe seismic shifts towards greater home working and online shopping and gaming in the wake of Covid-19 have underscored BT’s relevance. Its telecoms operations span the globe and it owns one of the UK’s fastest 5G mobile operators in EE. EE, incidentally, has made some significant 5G spectrum purchases. In January 2021 it made superfast mobile data speeds available in 13 more UK towns. Keeping up with rivals like O2 is not cheap, however. In its most recent financial results, BT reported that in the nine months to 31 December 2020, revenue dipped 7% and pretax profits were down 17% to £1.6bn. In the same time frame, capital expenditure was up 5%, due to the necessity of investing in its mobile and broadband networks to fight off growing competition. Cheap FTSE 100 shares?I could see such investment as a long-term boost to the BT share price. Rising costs do mean lower profits, though, so that’s a risk to consider. But using the traditional value investing measurement, the price-to-earnings ratio, we can see one important thing. BT definitely falls into the basket of cheap FTSE 100 shares. The telecoms blue chip trades on a P/E ratio today of 6.9 times earnings. And forecasts show that in the next 12 months to March 2022 that P/E ratio is only slated to rise to 7.6 times earnings. When we consider that the FTSE 100 index has an average P/E ratio of 21 times earnings, the bargain price here becomes clear. BT shares have already climbed a whopping 54% in the past six months, jumping above 150p for the first time since February 2020. So is there more value to be had here? DividendsBT hurt a lot of its fans when it cancelled its 2020 full-year dividend. To those that rely on that income, it didn’t matter that these were cheap FTSE 100 shares. But there is more optimism on the horizon. CEO Philip Jansen has said his objective is to restart shareholder payouts in the next financial year to March 2022. Jansen believes BT can also afford a progressive policy — where dividends increase every year — beginning with a 7.7p per share payment. That would give me a yield on today’s share price of 5.1%. I’d have to wait until next year before it starts, and there is a risk that profits won’t improve enough in that timeframe to get my payback for investing here. Long investmentWhen I invest for income, I try not to look at day-to-day or even month-to-month share price movements. I attempt to think with at least five-year time horizons in mind. Zooming out, I can see that the BT share price has been in steady, long-term decline. In May 2016 the shares were trading at 450p, 65% above where they are now. Full-year 2021 results due out on 5 May 2021. And those figures will probably give me more insight into whether these are truly cheap FTSE 100 shares or whether BT is a value trap. I don’t mind waiting. Simply click below to discover how you can take advantage of this. Our 6 ‘Best Buys Now’ Shares See all posts by Tom Rodgers
Organisation Reporters Without Borders has protested at the decision of the UN to refuse accreditation to journalists from Taiwan applying to cover the World Health Organisation (WHO) meeting in Geneva from 22-27 May 2006 and has called on it to reconsider. News RSF_en Help by sharing this information May 18, 2006 – Updated on January 25, 2016 UN refuses to accredit Taiwanese journalists to cover World Health Organisation meeting The WHO justifies its refusal by the fact that Taiwan is not recognised as a member state by the UN General Assembly and that Taiwanese journalists cannot therefore be accredited.“This is an obstruction of press freedom and the right to information. Taiwanese journalists are being made victims of a political measure,” the organisation said.It is the third consecutive year that journalists from Taiwan have been refused accreditation.