Babcock Share Discussion Threads

[dondee] 27/11/2017 17:19

2 directors today bought over 25,000 shares between them. A good sign.

[smcni1968] 27/11/2017 14:21

The CEO bought 14,868 shares @£6.6729

[unclelen] 27/11/2017 07:34

Yes, the budget pledge is one of the major reasons I'm so heavily in, but the front page of this morning's Telegraph re-iterates the Times story. I'm not engineer enough to know how much of BAB's pipeline is truly 'non-discretionary' but, excuse my ignorance, doesn't 'order book' mean just that, ie orders, contracted commitments to pay during and on satisfactory completion etc, as in definite, not probable, future income? As we've seen, over-reaction is the new norm, so not relishing this am opening.

[philanderer] 27/11/2017 00:00

'No more cash for British Armed Forces as funding shifts to fighting cyber-attacks'

Army and royal marine troops are set to be cut.

[minerve] 26/11/2017 21:37

OK. So I admit, I haven't been following politics as much as I should. Certain events make me feel a little apathetic.

But are we saying that this budget (link below) set by the current government is no longer valid? If so, can someone post a link to say when this was ditched.

This budget confirms a rising defence spend and commitment through to 2020/21.



So what is going on here?

[stewart64] 25/11/2017 20:43

All over the news today about the Tory's lack of commitment to defence and even the possibility of axing a couple of ships. Next week haven't got a clue can't read the omens from 666.

[essentialinvestor] 25/11/2017 11:20

The stock market has been good to me over the years, it's also my main source
of income, from dividends and short term trades. However I've made plenty of
individual miscalculations, mentioned GSK as an example.
I was tempted with BAB yesterday but held off. Not one single director buy
even at these levels might be worth noting. Will have another look next week.
There is likely to be a nice tradable bounce, timing is the more difficult bit.

[woodhawk] 25/11/2017 09:57

Each to their own. I have a higher aptitude for risk and full confidence in my own judgement; that is what I have found most profitable. Should the price fall further here, I will average down. I suspect that in the fullness of time current purchases of GSK at averages below 1300p and BAB below 700p will prove to be very profitable trades.

[vulgaris] 25/11/2017 09:24

IC tipped early last month at 823p, on fundamentals. Now it's 666p.

I'll be happy to buy if I see a break in trend and a 10% rise to 730p.....

Or, if it dips to 600p I'll be happy to buy on a rise of 660p.

Till then I'm happy to sit on my hands and let cleverer and braver people try to call the precise turn.

[minerve] 25/11/2017 08:38

Here is a question: If there was a £10Bn contract on Monday, is the chart going to predict that on Sunday night?

[woodhawk] 25/11/2017 06:45

Good for you, Vulgaris.... don't forget to let us all know when you've found the "serious evidence". I've always found it more infinitely more profitable to make my own decisions rather than follow the herd.

[vulgaris] 25/11/2017 04:11

The fundamentals keep saying 'buy', but the chart remains a stinker.... I won't touch till I see serious evidence that it has turned.

[alanr1] 24/11/2017 21:42

:-) Perhaps a near death experience then :-)

[essentialinvestor] 24/11/2017 21:37

A trip to heaven usually involes death first, be careful what you wish for!.

[stewart64] 24/11/2017 18:23

Just Eat the future innit bro...now sing after me "I love my chicken balls and chow mein" Or maybe not.

[smcni1968] 24/11/2017 16:56

For what it's worth I just read an estimate that getting dropped from the FTSE100 index would lead to 7.5mm shares to be sold by tracker funds

[philanderer] 24/11/2017 16:46

Walking around, head down, with a starbucks in one hand and an iphone in the other ;-)

[bend1pa] 24/11/2017 16:27

Shares now at a 6 year low and still dropping like a stone.

[essentialinvestor] 24/11/2017 16:19

UKX reshuffle next week, SMDS will also be promoted imv.

BAB look out, barring something miraculous.

[dondee] 24/11/2017 16:10

So if the MOD have to find 20- billion of savings, does that mean more repairs/servicing/re-furbishment rather than new equipment?