Babcock Share Discussion Threads

[minerve 2] 17/9/2020 15:27

Wash, rinse and repeat (by moving on).

A much easier way to earn £20/£30 million without having to put real effort into growing a company properly.

Most of these modern executives haven't the foggiest idea of how to grow a company properly, creating real shareholder value rather than the cheap tricks they use today that any spanner monkey thrown in to the works could do. Then they go home thinking they are clever. Sorry, no.

[minerve 2] 17/9/2020 15:23

Makes you wonder whether the executive will just allow it to fall so it becomes a sitting duck for a takeover. I wonder if Serco is in their minds? Another executive windfall for doing FA.

[ajlsc] 17/9/2020 13:36

hxxps://www.plymouthherald.co.uk/news/plymouth-news/small-outbreak-coronavirus-confirmed-devonport-4524470

Just keeps getting better !

[fitton] 17/9/2020 13:11

Just decided to take a £30k hit.Still holding a way to many but am now averaged down to £2.59.Will need £3.25 just to break even after the loss.Could take some time!

[jdh1602] 17/9/2020 12:58

Well the chairman has been buying in all year (about 170K total) since march, for whatever that's worth. My position is screwed, bought just before the crash, now 50% down! Awful timing. But looking at the monthly chart, this really looks due a bounce in the next few months, and analysts' estimates (if you even value them) are way higher than the current share price

[minerve 2] 16/9/2020 14:59

fitton

Personally I would be patient rather than average down. When a clearer future is known you will have every opportunity to add later if you wish - I wouldn't try and time the bottom.

:)

[fitton] 16/9/2020 14:16

Agreed.Any information is better than nothing.I’m uncertain as to whether to average down at these levels or is it going to go a lot lower.I had considered there was reasonable value at £3 but with the lack of any kind of guidance who knows.Multi year intra day low was yesterday at £2.235.So far today it’s hovering above that level but not looking very good at the moment

[poikka] 16/9/2020 14:10

Someone thought it worth a gamble at 10.00 buying over 800k.

[suetballs] 16/9/2020 10:43

Either way let's have an update from the new boy. Even if he just says he's counted the petty cash.
This drip drip fall in the share price is so frustrating.
There must be value in bab at this level - surely???
Suet

[zeek] 14/9/2020 10:55

I sold at a 10% loss, painful but it's gone down further since I got out last week. Hard to know where the bottom is now and whether there is something nasty going to come out?

[poikka] 14/9/2020 09:43

Something seriously wrong here. Forward financials indicating, @236p, MCap of just 4 x PTP; P/E 5.5, which, if they returned to previously profitability would indicate a yield of 12.5%.

And no sign of any buying interest. I get, therefore, why some reckon that there's a RI on the way, but I don't know why they'd need one.

[part timer7] 12/9/2020 10:22

I really hope this company can be put in the right direction as a small share holder
and for the workers as well .some really good comments on here.

[poikka] 12/9/2020 09:18

Why do you believe that there'll be a RI?

[pyemckay] 11/9/2020 12:17

Rights issue is a near certainty here.

[salpara111] 11/9/2020 11:56

The issue here is that the new CEO will engage in a "kitchen Sink" exercise and possibly a rights issue, it will take 3 months before that will come out.
I used to have this on my watch list and it has just shown up again in my screening but I'm going to sit on my hands until we get the first major update from the new guy.

[russ1983] 11/9/2020 10:34

just have to hope for a takeover bid...

[suetballs] 11/9/2020 08:17

Daily falls are now relentless. Could easily go below £2.
What a mess.
Suet

[fitton] 09/9/2020 07:23

1spotter - Excellent post