Babcock Share Discussion Threads

[marsdenxjohn] 14/11/2017 07:40

A nervous opening... dead cat, or in to the abyss?

[bend1pa] 13/11/2017 16:22

BAB shares now at a 5 1/2 year low. Chart still not looking like it's about to reverse its fall anytime soon. The fall began in Feb 14 and it's been trending down ever since. Although one can expect a small dead cat bounce from here, the trend looks still firmly south.

[games] 13/11/2017 16:12

A few days old. Thoughts? hxxp://www.plymouthherald.co.uk/news/plymouth-news/talks-over-major-devonport-dockyard-714944

[chutes01] 13/11/2017 16:05

Death cross

[essentialinvestor] 13/11/2017 16:05

M, thanks. Lost my password for the Woodford site.

[alter ego] 13/11/2017 15:54

comments here relating to Ultra Electronics US business being the reason for BAB's drop seem wide of the mark. It's more likely IMO that this comment in todays trading update is the cause "There are mounting pressures in the funding of UK defence programmes and this has resulted in the UK MoD pausing, cancelling or delaying numerous programmes. Within the last few weeks a number of our UK orders budgeted for 2017 have been affected.

[brain smiley] 13/11/2017 15:43

UK hasn't Brexited yet.Take your loss and stop yapping.

[yump] 13/11/2017 15:40

Perhaps I should have expanded the point, which is that it should be rising because of Brexit, if you go by the Brexiteers arguments about the wonderful opportunities out there with the rest of the world, where many countries are forecast to expand their economies. What explanation have you got ?

[minerve] 13/11/2017 15:02

As far as the latest update a few weeks ago. However, there have been some large trades 'booked' as sales today.

[essentialinvestor] 13/11/2017 14:57

Is Woodford still holding?.

[action] 13/11/2017 13:48

It is year low. Further down from here...

[minerve] 13/11/2017 13:13

If it goes down further I will add more. Scary death cross or no scary death cross.

[minerve] 13/11/2017 13:06

Big Foot Cheesy Grin on BAB.

[minerve] 13/11/2017 13:06

Death cross - oooohh. Scary! LOL I am adding here today.

[topdoc] 13/11/2017 12:56

7 year lows

[chutes01] 13/11/2017 12:54

Death cross on BAB

[yump] 13/11/2017 11:40

Perhaps shareholders should be emailing some Brexiteers (both Tory and Labour) to find out why, if there are massive opportunities outside the EU, the share prices of quite a few multinationals are very low at the moment. Clearly a majority of potential shareholders don't think so, otherwise the share prices would be rising.

[essentialinvestor] 13/11/2017 10:19

Results next week, no position atm.

[dogwalker] 13/11/2017 09:51

Their may be a case for us now buying ULE, & hence our drop.

[minerve] 13/11/2017 09:45

I am not totally convinced by that Ultra statement and I don't see why anyone should automatically read across.