Babcock Share Discussion Threads

[dgwinterbottom] 21/7/2017 10:40

My thoughts exactly!!

[dgwinterbottom] 21/7/2017 10:40

My thoughts exactly!!

[my retirement fund] 21/7/2017 09:54

Hoping this is turning now

[yump] 20/7/2017 16:00

DGW

Much prefer to buy low, rather than averaging down. Thinking about averaging down usually means I've got the assessment of company and/or market wrong in the first place earlier on, which doesn't bode well for current assessment however low the share price is.

Its a bit like expecting people to manage their eating for weight loss, when they've already demonstrated that they can't, by getting overweight in the first place. Help is needed.

Easiest buy imo is a low on a rising trendline, assuming company forecasts are OK.

[unclelen] 20/7/2017 14:14

Thanks for that.

[dgwinterbottom] 20/7/2017 14:13

Given Contrarian Joe's statement that there is a danger of ejection from the ftse 100 that would be a major blow to the image, could one expect therefore a possibility that the Co may start to try and talk things up. Secondly given the sinking price raises the dividend yield would that not encourage increase in buying somewhat.

[essentialinvestor] 20/7/2017 14:02

I don't mind going against consensus, often prefer to.
However on BAB not sure there is much upside medium term.
That view may be hopelessly wrong.
Sentiment is so shocking ATM would expect some at least temporary
bounce, from what level is the difficult bit.

[minerve] 20/7/2017 13:40

ACTION

Buying to average down for just the sake of averaging down is an unsound principle yet you find it commonplace throughout PIs and on this website.

What you should be doing is asking yourself the question: "With the information I now have about the company is it worth buying today?" What you previously paid for it is completely irrelevant.

I tend to buy more when I am showing profit on previous tranches BECAUSE prospects remain good - given current conditions - or are getting better.

Buying to average down without new company info - all because the share price is lower - will catch you out and burn you big-time one day. You will then have to realise a large loss, expose more money/risk to break-even, or remain locked in a stagnant investment for years waiting for it to get back in the black.

[minerve] 20/7/2017 13:32

If you Google "FT BAB" (search for FT with BAB as the argument) it gives you BAB summary information. Short-selling activity is marked as low.

I don't see shorters risking their money here. This is not a Tesco or Carrillion.

[unclelen] 20/7/2017 13:02

Hi I just registered here because I have 10k BAB bought in Jan at 957 when I think 12 brokers had 'Buys' between 1075 & 1400(!) - & they still seem positive,ish, trading news has been, Corbyn's utopian pacifism apart, generally optimistic and I gather the order book is full, p/e undemanding, divi raised etc, all good. But I've read both Tesco & Carrillion were shorted for months and seen their price drip relentlessly lower despite CEO comfort statements and fundamentals not looking that bad, so, guess what, I'm uneasy. Excuse my ignorance but presumably short orders are on record somewhere; would someone give me a link?

[contrarian joe] 20/7/2017 11:46

Demotion from ftse100 a chance, mkt cap £4.2bn.

[action] 20/7/2017 11:43

I will wait for morning move to buy this

[action] 20/7/2017 11:42

I top up to average down....

[minerve] 20/7/2017 11:23

ACTION

I don't think Neil trades in and out. He either tops up or sells out or leaves as is. He has to keep a lid on trade costs and it isn't part of his DNA.

As far 800, who knows? The movement in share price is purely market driven as the company is delivering to expectation.

I would top up but I am already at the % limit I allow in a single stock. Also, I generally tend to add to stocks showing me profit rather than the otherway around.

[action] 20/7/2017 10:56

Plus i reckon Neil must be trading in n out ad well to boost return for his funds

[action] 20/7/2017 10:55

MinervaMany Thanks. Do you see 800?

[action] 20/7/2017 10:48

R we look g for 800 as a support? Anyone pls?

[action] 20/7/2017 10:22

Neil is interested in financial stocks I.e Lloydsbank , legal n general.

[dgwinterbottom] 19/7/2017 11:46

I wonder if Neil Woodford will top up?

[dgwinterbottom] 19/7/2017 07:56

Yes, exactly what I was thinking, well below its normal circa 870 support level. if its not being shorted, and with very optimistic broker forecasts why?

[topdoc] 18/7/2017 23:18

7 year lows.unbelievable

[philanderer] 18/7/2017 09:50

18th july Liberum buy tp 1100p

reiterates.


Still on the watchlist , tempted :-)