Babcock Share Discussion Threads

[rogerrail] 19/1/2021 14:04

Cheap as chips at £1billion mkt cap despite current issues, problems are fixable. This is a highly profitable company with some high quality revenue streams, its not in the same low margin business bkt as your Carillion, Kier and Interserve.

[schroedar] 19/1/2021 13:30

Minerve

Yup

£400k

[imastu pidgitaswell] 19/1/2021 13:29

Very good points.

Particularly the penultimate sentence - far too common in plc life these days - but he has signed the contract and will be quids in regardless.

[minerve 2] 19/1/2021 13:27

"200,000"

£400K?

[schroedar] 19/1/2021 13:18

Fortunes are made when going against the herd. I have bought 200,000 shares today on a medium term view. Sentiment is bad but there is a decent fixable company in here, cheap as chips when it comes to the rear view mirror in a year

[devilliers] 19/1/2021 12:52

Bought into this at 224 yesterday. Looks like I got fooled . Another disaster trade to add to my list

[pepepepe73] 19/1/2021 12:04

26 May 2021 - Full Year Results for the year ending 31 March 2021

So much more pain ahead until that date.

[pepepepe73] 19/1/2021 11:42

@sooty snipes, it depends on how dilutive could be a potential shares issuing.

[sooty snipes] 19/1/2021 11:11

This may drop further but on a five year view it's a no brainer imo

[terminator101] 19/1/2021 11:08

That's the 200 level broken, support needs to hold. No chance that they would contemplate a servo takeover, simply not going to happen. Can't see a rights issue either. Still bad news to come out here as they are challenged in all areas. Depends how much they can offload the costs back onto the MOD and claim covid relief.

[goblin99] 19/1/2021 10:42

A good recovery play, post Covid. Not to say this will not drop further - but the patient will be rewarded for their patience. The wise man waits for the dust to settle and walks away with their pickings.

[pepepepe73] 19/1/2021 07:03

Takeover from Serco at these price levels make no sense.

All BAB’s shareholders would be screw up.

[pepepepe73] 18/1/2021 20:52

We will address almost 3 months of uncertainty in regards to: NAV and profitability.

I do not get why the CEO is having this behavior. It is a clear weakness for the stock

[davidbennett] 18/1/2021 20:47

Ultimately there’s a big opportunity here, it’s just a case of waiting until total transparency is available. Maybe the CEO will add to his holding as he did buying 100k’s worth at £2.12 last year

[pepepepe73] 18/1/2021 19:18

Yeah the point is you do not have incentive enough to buy BAB shares right now as BAB management has put a big black cloud above its stock price: uncertainty (NAV vs profitability vs net debt).

I think that new CEO is gonna hurt very badly the current shareholders base.

Typically this the way of doing when a new CEO arrives to a company with many hurdles and try to build up a turnaround story with a huge buffer (more capital from shareholders pockets)

[terminator101] 18/1/2021 19:07

If support breaks down, it could lead to a really big fall. You need nerves of steel, betting against the downtrend of the last 5 years.

[jotoha2] 18/1/2021 17:41

Its right on support , they have hinted at a further profit warning , so expect slaughter time here , £1 and possibly below will be reached with ease , don't forget the algo boys are very good at destroying problem companies.

[essentialinvestor] 18/1/2021 16:54

Where are the assets?, the main 'value' of the business is in the contracts.

And BAB has just informed the market a wholesale review of contract
profitability is underway.

[netcurtains] 18/1/2021 16:25

sooty snipes: that is the same as me now.
Alas I was out taking the dog for a walk when BAB reached my original sell price and by the time I got back it had broken my "stop loss"...
Just one of those things. Made lots this year so have to expect one or two things to go wrong.
When I say "stop loss" I dont mean one that I have set on the computer I just mean when I begin to panic that I've made a mistake.
Anyway, I'll keep my mouth shut now - it seems to do better if no one says a word.
LOL
Cheers Net