Babcock Share Discussion Threads

[our haven] 06/8/2020 16:15

I think that if you reverse your thinking then you may have a point. Serco more exposed than ever to a takeover.

[rogerrail] 06/8/2020 12:22

Although they would need to reinstate divi before they do , share price has taken a hammering because they suspended it.

[rogerrail] 06/8/2020 11:57

Nailed on takeover target, would be gobsmacked if Serco don't make another bid :"Serco has soared 8.4% to 2.2p as the outsourced services provider announced revenue grew by 24% to £1.8bn in the first half and profits also rose.Its results were boosted by contract wins in 2019 and the acquisition of the Naval Systems Business Unit of Alion last August, while COVID-19 had 'little effect' on profits".

[our haven] 06/8/2020 09:58

Back beyond where we were two days ago.

[merie] 05/8/2020 11:25

Yup, they were definitely trying it on yesterday morning!Seeing blue this morning is a vision worth savouring!

[our haven] 05/8/2020 10:06

And a few shorters this morning!

[jias] 04/8/2020 15:36

What a stinker this company is. There must be a few dockyardies crying into their cups of tea.

[senator] 04/8/2020 14:45

20k+ UK deaths were in Care Homes.

Government policy of clearing out the OAPs from hospitals and into care....oh my...they didn't realise that they may be carriers of the virus and would unleash hell into the Social Care system.

If anything comes out of this Covid-19 story then it has to be the tragic decision to not test OAPs on moving them out of hospital into Care Homes.

[minerve 2] 04/8/2020 14:42

These Nightingale Hospitals were a PR exercise, so far. They knew they didn't have the staff or equipment even if they had the space and the beds. So what do they do? They get thousands of foreign immigrants - you know, the ones Brexiters want to limit - to build the internals of convention centres to look like hospitals. This is bread-and-butter work for these guys as they are building attractive looking trade stand shows week-in-week-out. A few placards and a photo opportunity and job done. Ignorant public convinced.

Real strategy - shift them into OAP and care homes and let them die naturally. This is the real sinister and sick policy mastered by Cummings et al.

Notice how paramedics had to be screamed and shouted at by thousands to get their loved ones into hospital? Most didn't make it. Too late. Not the paramedics fault but you could see senior NHS instruction using its heavy hand.

Now the billions are coming but notice where it is going? Into Nightingale Hospitals and PRIVATE HOSPITAL capacity. Me being the professional cynic, expects most of those billions to find its way into private health care under the COVID umbrella. The Nightingale Hospitals are 'a front', a facade.

If people don't believe me, give me the facts that disprove this.

[estienne] 04/8/2020 14:28

Good point Minerve

[rogerrail] 04/8/2020 13:25

Whilst not wishing to knock the heroic efforts of front line NHS staff, is it not surprising to you that despite the high mortality rate, the NHS capacity never once was under pressure even given the low number of ventilators? Doesn't that raise alarm bells about the policies adopted? Even France at one stage had to send patients to Germany. If you look carefully at the stats you will see that France consistently had about 10,000 or so more covid hospital patients than the UK throughout their lockdown period and yet had about 10,000 (?) fewer hospital deaths as well as fewer deaths in the community. You can draw your own conclusions.

[minerve 2] 04/8/2020 11:48

I only blame myself for the things I could have foreseen.

[suetballs] 04/8/2020 11:45

I blame myself for investing in this company.
That's where the blame really lies! Simples.
Suet

[dope007] 04/8/2020 11:17

Agree entirely prokartrace. I bought BAE at 490p after their update which was very positive after waiting. I will do the same hear and wait for newsflow to show signs of a turn. You may not catch the bottom, but you aren't sinking capital into something and waiting/hoping

[salpara111] 04/8/2020 10:55

It was a poor move to cancel the divi in its entirety, every company that has done so has not recovered as income funds have to dump their holdings. They should have just cut it in half.

[prokartace] 04/8/2020 10:21

I just love how people are so quick to blame the government. Oh yes, of course it was they who caused the outbreak of covid wasn't it! I particularly don't understand why everyone expected any different to the update we got today.
Anyone can see that this business is going to get badly hit during the lockdown period and thereafter social distancing and above all the current state of aviation. With a business that runs a high debt to EBITA ratio as a matter of course it leaves them particularly vulnerable to any interuption of the business.
It will take many years(assuming no further interruptions) before this business fully recovers.
I repeat what I said when the share was £3, there is no point in trying to catch the bottom. Far better to wait to see good news filtering through and even if you miss the bottom, at least you will then be onto a winner. Don't let yourselves feel that you need to be invested all the time. Sometimes cash IS king.
As for 'building a position' I never heard such rubbish. Only big funds need to do that. There is no P.I. here that couldn't buy what they want to buy in this company in one or two purchases!!

[the canadian mounted] 04/8/2020 09:09

Let’s see what I can earn from this today

[chrisdgb] 04/8/2020 09:00

Right to be cautious and establish a beatable bar.........

[suetballs] 04/8/2020 08:54

Yep ceo and fd first in the lifeboat. A lovely pension too.
What a way to end a career.
Enough from me now.
Suet

[fitton] 04/8/2020 08:51

Very disappointing update.I have been buying to average down but still averaging £2.78.Hopefully the tide will turn but to give no guidance at all is not the best