Babcock Share Discussion Threads

[medieval blacksmith] 11/8/2021 10:39

If you look at the alterations in reporting, although welcome of course, seem to be a deliberate attempt to attract bidders IMO. I wonder if Serco is renewing interest.

[rogerrail] 10/8/2021 17:10

Bab share price has now recovered its losses since results on comparitively low volume. That can only mean one thing, someone has got wind of something. That I suspect is either the award of an export order or a takeover.

[dandrew12] 10/8/2021 13:27

Spotter1, so you admit you were wrong it was the MKV,s that were built for Iran and not the Type 21. When in a hole stop digging.

[drk1] 10/8/2021 08:33

Anyone panicked into selling/closing on results day must now be somewhat miffed to say the least! Any positive news now could really see this old, battered Phoenix start to fly again. ;-)

[1spotter] 08/8/2021 16:54

dandrew12. VT's Mk5 design that was built for export and sold to Iran and Iraq (at a profit) was the basis for the Type 21. I know the hull forms and much else. I don't need to "try again". Search Alvand Class. If a person has worked on building both classes of ships don't criticise them. Or did were you part of my team?

[our haven] 08/8/2021 13:39

They are working on 5 potential sales opportunities on the Type 31 for export. Could see some news shortly apparently.

[dandrew12] 06/8/2021 20:47

VT type 21 export, not true try again!

[scemer] 05/8/2021 14:17

Have to agree drk1 the market new the loss was coming he told us so it will be back to its previous range very soon they always mark down on bad news it's what makes a market

[drk1] 04/8/2021 17:32

Either way - when they do come (the disposals that is) and they will, the market will will react positively to anything that's cash generative. This is why I think we haven't slumped further (quite the opposite in fact), as news could come at anytime. ;-)

[maywillow] 03/8/2021 22:52

expect any spare cash to be used to pay down debt

[1spotter] 03/8/2021 20:14

1. Pension fund top-ups!
2. Name a UK company that made real money building warships over the years since Vosper T exported Type 21's in the 1970's.
3. Major nuclear infrastructure upgrades at Devonport to execute - not exactly a doddle. Good revenue pipeline impact, yes. Profit, no, Risk, yes.

[1spotter] 03/8/2021 20:09

1. Pension fund top-ups!
2. Name a UK company that made real money building warships over the years since Vosper T exported Type 21's in the 1970's.
3. Major nuclear infrastructure upgrades at Devonport to execute - not exactly a doddle. Good revenue pipeline impact, yes. Profit, no, Risk, yes.

[ariane] 03/8/2021 20:04

Thanks Drks

Out of interest and in your opinion are those disposals being sold at more than book value

Would they be from assets and or intangibles and thereby affect future cashflows


if so when

any links regarding the sterling 400 million

[drk1] 03/8/2021 19:42

Ariane - the one factor those predicted cashflows cannot account for nor inlcude, are disposals. And as we already know, the company has informed the market that over £400m are planned. If that comes off, the cashflows will look a lot different. ;-)

[dogwalker] 03/8/2021 17:53

'283.10p'....? Interesting Ariane, thank you. But where is the significance of that specific number, please? I don't see it.