Babcock Share Discussion Threads

[dave whitby] 11/11/2020 17:25

Does anyone have the ability to change LSE:BAB's Sector on this thread from "Support

Services" to Aeronautics and Defence Sector?

[dave whitby] 11/11/2020 17:19

Latest Shorter to cash in their chips since 28/10/20

[suetballs] 29/10/2020 19:45

Surely PWC know what they are doing - and in the current climate will be especially cautious / prudent.
Suet

[fitton] 29/10/2020 19:30

So are we saying that David Lockwoods recent purchase of 156,000 shares costing £417,000 may have been made not understanding the financial position of the company? If so all investors should be very worried about the future of the company

[1spotter] 29/10/2020 18:59

Quite so. The company's position is the equivalent of Tesco being owned and controlled by the Spar corner shop. The senior team is low calibre and doesn't understand.

[1spotter] 29/10/2020 18:19

Waiting to see when the company comes clean on how its performance has damaged the sustainability of the nation's strategic deterrent capability and how it has failed so far to declare a mega-loss on its Devonport submarine program of work, related in particular to the Vanguard overhaul, escapes me. Must be a £100 million operating loss any day of the week if properly declared. The eventual question should focus on the competence of the audit company as much as the Main Board. Target price late November, given the pensions deficits, 140 pence.

[our haven] 21/10/2020 19:59

Obviously good news that tug boats are now warships

[fitton] 14/10/2020 14:29

Being played down again, no major sales or purchases, no major volume.

[woland1] 10/10/2020 20:41

Type 31 on schedule/budget, details about production. https://www.savetheroyalnavy.org/type-31-frigate-project-on-schedule-despite-challenges-of-the-pandemic/

[1spotter] 08/10/2020 17:14

Third Division Chief Exec and his pal as F.D. Share price climbing. Does anyone know which company or P.E. group has caused this? Is it Carlyle, who offered a sensible price for Devonport at about 60% of the Peter Roger's take-out price back in 2007?

[essentialinvestor] 06/10/2020 11:07

Since the ill fated Avincis acquisition it's been a multi year decline.

Extraordinary wealth destruction.

[jdh1602] 30/9/2020 14:22

Yes, it's difficult to go below rock-bottom, where the rock is granite!

[suetballs] 30/9/2020 13:38

Yes - good news indeed.
I think lows might have been reached here.
Suet

[davwal] 30/9/2020 12:56

A healthy stock acquisition by Mellor...

[suetballs] 30/9/2020 09:21

New FD now.
And the share price perks up slightly.
Hopefully a meaningful update prior to Xmas.
Suet