Babcock Share Discussion Threads

[suetballs] 16/7/2021 08:44

Seems pretty stable around £3.
Maybe this is the platform to go higher once the bad news is finally announced?
Suet

[drk1] 09/7/2021 08:42

1spotter - and you dont think that's already priced in to the share price following the last business update? I'd take a cautious, optimisitc view as in unless the've found even more skeletons in the cupboard, it's nigh impossible to say what's coming our way, end of the month. Still think that any signs of light could result in a postiive move.

[1spotter] 08/7/2021 21:44

Bad news coming in respect of the legacy profit taking and loss issues. Waiting for a warship build order that can be announced with the results to offset the share price impact. That simple.

[angeswar530] 07/7/2021 19:59

With no news yet on the date for publishing results it’s getting a bit nervous!

I hope the audit doesn’t find a big hole because of any fraud!

Will be relieved if they publish something.

[our haven] 29/6/2021 14:51

Thanks Drk1. Good to see that the narrative is turning more positive, or be it qualified.When the results are released, I think in my opinion that it will be very positive and I think that I am reading this correctly.

[ptonks] 24/6/2021 18:50

1spotter, its sad whats going to have to be covered up with this mess. Seems some people can be above the law.

[1spotter] 24/6/2021 18:09

I agree with ptonks completely. Look at the Marine business. The former regime took profits excessively and way prematurely across the piece. Prime example? Vanguard's refuelling refit at Devonport. It's going to go back into use 30, maybe 36 months late compared to plan. Enormous extra overhead costs incurred and a hole driven through the deterrent programme's deliverability. If the MoD doesn't do an AWE and take that yard and its revenue stream off them I'd be astounded. And that's just one example of legacy issues just waiting to bite ......

[our haven] 24/6/2021 16:41

Thanks for explaining your thoughts.I am however positive from this position that there's value to be had here. Agree that the past was a disaster, but that is the past and markets are only forward looking.

[pepepepe73] 24/6/2021 16:30

@ptonks, it's not about fanboys. It's about all the bad news are priced in and majority of shorts run away once Bab's CEO stated no shares issues were required.

It's a matter of time, institutional investors will back to the game and BAB share price rise to at least 600p.

You have the chance to be part of it. Take it or throw it.