Babcock Share Discussion Threads

[salpara111] 21/11/2017 11:55

Well, after reading the results this morning I was certain I would be buying but have to confess to being somewhat mystified at the reaction.

[minerve] 21/11/2017 11:50

bend1pa OK. But they expect that will even out as a 1st half/second half issue on working capital requirements???

[bend1pa] 21/11/2017 11:39

Big drop in yoy operating cash flow, £81 (£181). For free cash flow after pension contributions, £33m (£127.5m). Seems that is what spooked the market. Nothing like enough cash made in period to cover divs £112.8m. They had to raise a loan of £121m mainly to pay it. So not so great.

[penycae] 21/11/2017 10:03

I think the fall here might just be due to short positions taken on low volume. From a chart perspective that intraday June low just had to be taken out. If they did it once they could do it again. This time they've put in a lower low on the spike down. If that's not the floor, we could be in trouble.

[yump] 21/11/2017 09:53

I wonder if this is just heading for the 700p round number on a purely technical basis, powered by automatic selling. 700p ish is the support on the long term chart.

[unclelen] 21/11/2017 08:55

Me too. Very relieved & validated to read the overview of the half-year figures n then checked live price. I realise I understand nothing about the market these days. I did well last year ducking n diving with lightweight speccy shares and in January thought I'd better settle with a couple of non-volatile solid divi payers, inc BAB at £9, and hold - both have tanked, for no discernable, to me, reason. I give up.

[unclelen] 21/11/2017 08:54

Me too. Very relieved & validated to read the overview of the half-year figures n then checked live price. I realise I understand nothing about the market these days. I did well last year ducking n diving with lightweight speccy shares and in January thought I'd better settle with a couple of non-volatile solid divi payers, inc BAB at £9, and hold - both have tanked, for no discernable, to me, reason. I give up.

[richard98765] 21/11/2017 08:36

The drop could only be done to order book reduction. However the bid pipeline is higher so this could convert to on par orders. Good results I'll add today

[suetballs] 21/11/2017 08:35

I give up. Suet

[lab305] 21/11/2017 08:30

Poor reaction to good solid results.

[suetballs] 21/11/2017 07:22

Half year results are good - no surprises. The market has surely got the share price wrong? What do they have to do? Suet

[barney8000] 16/11/2017 14:31

Up 2.5 %: come to momma!

[barney8000] 16/11/2017 14:30

RAF contract - link please?

[smcni1968] 16/11/2017 14:27

New RAF contract

[andyj] 15/11/2017 23:56

They do look very interesting at this price, but then again so does most of the sector. A fall through support rarely results in a quick return.

[minerve] 14/11/2017 14:26

I am not nervous here. Not in the slightest. I would like to buy more but I have reached my self-imposed limitations on stock ownership.

[dr_smith] 14/11/2017 14:07

I wasn't nervous.. until you mention opinions of asset managers! ;-)

[marsdenxjohn] 14/11/2017 07:40

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