Babcock Share Discussion Threads

[macansy77] 04/1/2009 17:40

gioscouk - i'm looking to exit at about 400 which will make us both happy ;-)

as for the Times "experts" - looking at their tips for 2008 and how they fared (down 40% on average with the biggest gainer being 5% and the biggest faller 90%) i'm more than happy they've tipped BAB. Quite how they thought 2008 was gonna be a good year for housebuilders/property and the like i'll never know!

[giuscouk] 04/1/2009 14:47

macansy77: yes, maybe we have not seen the bottom yet; my point is that BAB, at the moment, appears to be a bit pricey and quite solid (apart of the 350m debt with facility secured at 600m for next 4 years to come), when compared with the large part of the stocks around. In a medium term perspective (second half of 2009 onwards), I'm still monitoring this share, willing to entry at about 400, in the case. Cheers.

[macansy77] 04/1/2009 11:57

GiusCoUK - you could well be right, i've got around 450 as support so looking at a break below that. Many analysts seem to be coming out of the woodwork at the moment calling last November the bottom of the market. I think they're wrong, though very short term looks like there will be good opps in the market on the long side...

[grantley] 04/1/2009 10:14

Tipped again - share of the year for 2009 by S.Times writer. 10 S.Times business journalists each tip one share for 2009.

[giuscouk] 03/1/2009 17:39

macansy77: there are a few stocks in FTSE 250 (and FTSE 100) going cyclic since the bottom last october; FTSE 100 at 4560 could be surely corrected towards 4000 this month, but, even the case, I can't see a freefall at BAB: the old support at 390-400 should do the rest. This company appears to be a solid punt, probably overpriced but not a disaster zone at all.

[macansy77] 01/1/2009 16:28

happy new year Redd - looking forward to getting back into action, i'm bored ridged ;-)


thanks masurenguy, just going on technicals rather than fundamentals on BAB. Would like to think i'm genuine, as for intelligent though - that's another matter!

[masurenguy] 01/1/2009 14:57

macansy77 is not a deramper - I'm not endorsing his view on BAB, since this is not a share that I've extensively researched, but he is an intelligent and genuine poster.

[redd] 01/1/2009 14:27

Not another deramper;-)

Happy New Year mac!

[macansy77] 01/1/2009 13:54

shame the Times doesn't take into account short term technical factors - that chart is showing the stock over bought and extremely over-extended. The stock may well prove a winner over 12 months but over the next one to two months it's surely a cracking short, if it breaks 450 it'll likely freefall...

[grantley] 01/1/2009 10:33

Tipped in The Times 10 to buy for 2009 Tempus column.

[manrobert] 29/12/2008 10:06

yep someone has just pulled the correct lever.they did have a very strong rise on xmas eve.

[masurenguy] 29/12/2008 09:53

I think that you're right - Christmas Eve close was 490.5p so current price of 500p is an increase of just under 2%.

[manrobert] 29/12/2008 09:46

think they are only up 8p on previos close.advfn starting prces not correct.

[masurenguy] 29/12/2008 08:55

A 10% rise on no news and less than 100,000 share volume - what's going on ?

[manrobert] 19/12/2008 14:11

that might explain the last two days selling but stock now recovering probably on basis that no worse news.they are probably a safer buy now.imo.

[manrobert] 19/12/2008 11:46

thanks for that. i have traded the stock a few times lately and it went well.the order book looks good.only worry is if mod cuts back.

[themoreiseeyou] 19/12/2008 11:30

Bought in yesterday at £4.72 and again at £4.67. I feel the same way. Bought because directors bought last month and the chart is in a definite upward trend. Here's hoping.

[manrobert] 19/12/2008 11:11

huge amount of volatilityin this share.recovered a lot of yesterdays fall.down by 40 at one stage today.considering buying but a little unerved by the way its moving.any thoughts?

[peteship] 10/12/2008 09:32

That's more like it!!!

[peteship] 09/12/2008 17:56

Hopefully consolidating before the next leg up.

[alter ego] 09/12/2008 13:12

probably just that BAB are not a cheap as some so that's where the buying is concentrated

[manrobert] 09/12/2008 13:04

any ideas why this share is again undrperforming the market?

[manrobert] 08/12/2008 16:40

bit of a disappointing day closing at their low of the day.

[peteship] 03/12/2008 13:03

Got some of these yeaterday at 469. Look good for 550 imho. Director buys, strong order book etc.