Babcock Share Discussion Threads

[katsy] 30/9/2011 01:49

Very quite thread for such a strong trading company. Especially with an excellent trading statement just given!

[edwardt] 19/9/2011 16:00

so much for your break out theory angelica

[mechanical trader] 17/5/2011 08:41

BAB Heres last 3 Broker Buy recommendations............

Date #ADVFN $205

[e-boffin] 13/5/2011 08:49

Just went long on these. Seems to be a breakout. The 650 resistance is broken so up we go!

[mechanical trader] 03/5/2011 13:00

Interesting to note as we have gotten nearer resistance on the chart above the amount of stock on loan , ie a proxy for shorting has increased. Obviously other chartists are taking short posiions here in anticipation off a fall in the share price ......

[mechanical trader] 03/5/2011 09:22

Looks to me like this ones hit a top for the time being and I can see it falling back as it has done historicaly 150 points to around the 520p/500p support.

Must say had a good run out of it, But TA pointing to weakness now.

[weevie1978] 29/3/2011 14:05

Apologies if already seen ...

ATB Weevie

[alter ego] 24/3/2011 14:12

"results at the end of the month !!!!!"

not quite, it's the end of their financial year and there's a pre close update due on 29/3 but results won't be announced until mid May

[squash90] 24/3/2011 13:10

results at the end of the month !!!!!

[nellie1973] 16/3/2011 14:55

Broker upgrade

[mechanical trader] 03/3/2011 13:25

Currently trading on a P/E of around 11 where as in the past the historical P/E is around 17 to 18 so we have a fair way to go and the stock is way undervalued imo.

Heres Brokers share price targets going back to December......

Date Broker name New Price Old price target New price target Broker change

02-Mar-11 Panmure Gordon Buy 558.00p 750.00p - Reiteration
11-Feb-11 Seymour Pierce Buy 571.00p 670.00p - Reiteration
02-Feb-11 Arden Partners Buy 567.00p - - Reiteration
25-Jan-11 Seymour Pierce Buy 579.00p 670.00p - Reiteration
21-Jan-11 Panmure Gordon Buy 560.00p 750.00p - Reiteration
11-Jan-11 Arden Partners Buy 590.00p - - Reiteration
10-Jan-11 Panmure Gordon Buy 570.50p 750.00p - Reiteration
02-Dec-10 Royal Bank of Scotland Buy 550.50p - 620.00p New Coverage

Some pretty impressive targets their.

[rogerrail] 18/2/2011 19:33

I agree, it has a solid order book with benefits from the merger with VT coming on stream, any revenue lost through the csr should be more than balanced by government aims to improve efficeny by outsourcing more support contracts and I expect higher revenue in energy, nuclear and rail indsutstries to come due to increasing activity in these areas. Also overseas contracts look very secure. the price has not really moved for along while so for me its a good time to buy relative to the rest of the market.

[killieboy] 17/2/2011 21:01

Nothing to worry about here - good company with strong order book.