Babcock Share Discussion Threads

[pally12] 30/4/2021 09:24

Fear this is heading back to 2.40

[pally12] 29/4/2021 09:33

Broker upgrades share price dropping just goes to show what these broker recommendations are worth not the paper they are written on these are UKs best brokers lol

[pally12] 27/4/2021 12:45

Thing is it's fine upgrading once the price has gone up lol

[dr knowledge] 20/4/2021 11:43

Interestingly enough Bruford (as per the chart analysis above), predicted the very same for another stock I hold - MCRO and what he saw in the chart is coming to fruition as we speak. As with BAB the initial upwards spike was sharp & followed by a lull, before slowly but surely continuing the upwards trend. Again, like MCRO, any snippet of good news now should act as rocket fuel for the share price BAB is probably the last of the former FTSE 250 biggies that remains off radar - plenty of upside in the share price if you believe the turnaround will be successful & are willing to be patient. ;-)

[pally12] 15/4/2021 15:19

Way this is going could drop back down to 2.40

[kelso29] 15/4/2021 12:57

So last Friday when the FT announced that the write downs would be £700m, Blackrock increased their short from 0.49% to 0.69% taking the share price down to 220p then Gladstone reduced their short from 0.68% to 0.40% making the share price rise so by the end of the day the share price was only slightly down. Not the smartest investment by Blackrock lol
Similarly the analyst at Barclays is looking pretty stupid now, after they said on 27 Jan (giving a target price of 145p) to avoid the share given the contract/write down review

[dogwalker] 15/4/2021 09:25

Yes, when it gets back to 11 that'll be great.

[woland1] 14/4/2021 15:23

Thanks imastu

[woland1] 13/4/2021 18:13

Not IVs but rather PIs.

[woland1] 13/4/2021 18:02

Minerve does raise a good point, how have PwC and Deloitte got to such different figures? Murky environment for IVs. I've been averaging down for years now, books have looked good during most of that time but it's still managed to fall from the 800ish in when I got in originally as a nice low risk dividend bet.

[dr knowledge] 13/4/2021 17:59

JPMORGAN just raised BAB TO 'OVERWEIGHT' ('NEUTRAL') with a revised price target of 350p(270). Conservative, but others will follow.

[bb123] 13/4/2021 15:21

What is the guess of the share price in 4 weeks??