||EPS - Basic
||Market Cap (m)
|Construction & Materials
Balfour Beatty Share Discussion Threads
Showing 3326 to 3346 of 3350 messages
|Good results from Carllion today bodes well for BBY|
|Quite right SKYSHIP. I didn't dare even peek at the market this morning.
And of course we meet again: BB seems to be recovering from a few bad years, long may it etc.
I bought into FORTERRA (FORT) earlier this year, they have US operations, now about this wall on the border...
OT: I'm buying my late neighbours house and garden, however the local Commune has sent a 'lawyer's letter' stating that they intend to expropriate it should I go ahead with the purchase. You know a decent lawyer experienced in this stuff?
Otherwise trust all well. D|
|Interesting moves this AM post Trump victory. Down 3.5% on the open, then buyers emerge - now up 1%.
BBY of course has a major US presence, so should be a big gainer from the promised massive boost to infrastructure expenditure across the water...|
|Why is BBY slipping?|
|Bought this looks very good for a turnaround|
|Tipped in the ST - according to the DM (from which the below is copied).
Edit:- but seems to be a back-handed tip. Lol
The Inside the City column believes now may be the time to jump into Balfour Beatty.
It noted that shares in the construction and engineering giant have fallen by a third since March, when it unveiled its annual results. Since then it has announced two shock profit warnings.
The first which came in May and cost former chief executive Andrew McNaughton his job was mostly due to a few dozen contracts in its mechanical and engineering services business that were poorly handled and over budget. The second, which the company announced last Thursday, knocked the stock again.
Executive chairman Steve Marshall launched a search for a new boss and stepped into the breach left by Mr McNaughton in the meantime.
The paper said Mr Marshall appears to have grasped the nettle, and most of the troublesome contracts are short-term deals that run out by the end of the year.
But if history is any guide, it added, things could get worse, as profit warnings often beget more profit warnings - Mr Marshall may well have rooted out all the problems, or he may find more.
The paper pointed out, however, that Balfour is certainly vulnerable to a takeover, with rumours having bubbled up that private equity, in partnership with an industry rival, could team up for an opportunistic bid for the company and break it up.
The column concluded that if you are a risk-taker and believe Balfour has hit bottom, now is the time to pounce.
|Interims 12th August last year...|
|I've always considered it likely that BBY would fall to a US takeover at some stage this year. At the start of the year BBY were @ c270p, now they are at c224p - a full 17% lower - a full 24% lower taking the currency change into account. BBY could now be a very tempting target.
Being such a major infrastructure player, Theresa May may not approve; however with the right promises/commitments, surely a bidder, if planning to act, should act sooner rather than later.
One to follow...|
|[hd] re jumbo|
|Balfour Beatty retains faith in turnround drive as losses narrow
|Results out Tuesday|
|Unfortunately didn't buy at that 220p support level I referred to....now UP 20%!|
|Expecting results soon, perhaps the recent lift in price is an indication they are going to be okay|
|Down 4% @ 238p today!!! Looks as thought these are headed down to test the 220p support level again. Surprised. Happily not holding; but getting seriously tempted.|
|I expected this to be more resilient.|
|have you been asleep and not noticed the whole market is down lately?|
|What's happening here?|
|What's happening here?|
|It's an ill wind (and rain) that blows nobody any good. You would think BBY might be able to capitalise on some of the rebuilding work after the flood devastation. Some older links below.
"Over the next three years, Balfour Beatty will be installing 325,000 tonnes of rock onto the beach.
Sheet steel piling works are now taking place at Anchorsholme forming the bottom of the new defences there and they will be capped with a concrete beam providing further defences.
The infrastructure company has extensive experience in delivering coastal defence schemes including locally the recent £75 million Blackpool Central Area Coast Protection Scheme and the £19 million Cleveleys Coastal Defence & Improvements Phases 2, 3 & 4. Nationally, Balfour Beatty has delivered the £5 million River Mersey Flood Defence Scheme and the £2.7 million Humber Coastal Defence scheme."
"Infrastructure firm Balfour Beatty has been signed up to help strengthen London’s flood defences as part of the 10-year Thames Estuary asset management programme."
|What are the better opportunities i your opinion?|
|I sold my holding today at the year high. I think BBY is a good medium/long but there are better opportunities in the market currently. I may return on any retrace to a reasonable buying level.|