Bae Systems Share Discussion Threads

[fangorn2] 02/8/2013 10:12

More PDMR disposals...




No surprise given the stock's superb run...

[fangorn2] 01/8/2013 18:18

Ian King, a PDMR, exercised an option over 272,388 ordinary shares of 2.5 pence each in BAE Systems plc under the BAE Systems Executive Share Option Plan at an option price of 201 pence per share on 1 August 2013 and subsequently disposed of 204,419 of those shares at a price of 451.2 pence per share to cover the option price and tax withholdings.

Philip Bramwell, a Person Discharging Managerial Responsibilities (PDMR) disposed of 45,000 ordinary shares of 2.5 pence each in BAE Systems plc at a price of 455.4 pence per share on 1 August 2013.

[miata] 01/8/2013 12:11

Investigation into KPMG audits of BAe terminated.

[wad collector] 01/8/2013 09:45

MIATA , doesn't look like you will need your stops today. I am grimly holding for a fiver for my trading stock.

[squidsgone] 01/8/2013 08:59

£1.8bn Saudi order for future support ... significant not just for its value.

[fangorn2] 01/8/2013 08:09

Interims out....



Outlook
Group
In aggregate, including both the benefit from the share repurchase programme and downside arising from reductions to US defence budgets, double-digit growth in underlying earnings4 per share is anticipated for 2013. This outlook assumes the satisfactory conclusion to Salam pricing negotiations this year.

Notwithstanding cash inflows from an anticipated Salam price escalation settlement, significant cash utilisation is expected in 2013. This includes an expected high level of utilisation against the advances, received in 2012, on the Saudi trainer aircraft and Omani Typhoon and Hawk contracts and advances consumed on the European Typhoon production contracts.

[miata] 31/7/2013 09:25

EADS posts 14% leap in Q2 profits, becomes Airbus.

Airbus group is to restructure and merge its defence units "to strengthen defence to be more successful in international markets".

[miata] 30/7/2013 09:04

Stops are in.

[wad collector] 30/7/2013 08:50

But is it worse to let paper gains fall away ?
All a gamble ultimately , but it is a solid pension fund share and a reasonable chance of seeing a fiver before too long. Indecision reigns for the moment!

[fabius1] 29/7/2013 19:15

Wad. For what it's worth, I had a shufty at the technicals which are looking a little 'warm' but decided to stick for the moment with a market yield around 4.44%. Don't like tampering with divi stocks in case they just keep on going and I'm left high and dry looking too smart by half (unless it's dead cert). Made that mistake before so watching closely in case the market gets bored with it.

F1

[wad collector] 29/7/2013 16:27

I am always less inclined to trade these high yielders , and seem to be gradually accumulating. Perhaps I should sell some . Are you jumping?

[miata] 29/7/2013 09:10

"Sit on hands" or jump?
Consider what has happened every time the RSI gets this high.

[wad collector] 29/7/2013 08:36

It does look plausible that the 2008 highs will be challenged soon ; this is steadily rising again and still looks undervalued to me compared to the FTSE100 averages. Sit on hands time again.

[miata] 22/7/2013 11:51

BAE Systems Plc produces the F-35's aft section including the assembly of horizontal and vertical tails for the aircraft. More than 500 UK companies are involved in the
F-35 program, building 15 per cent of each aircraft produced.

[wad collector] 15/7/2013 18:16

The clever analysts don't publish their recommendations , just tell their clients.

[losos] 09/7/2013 12:00

Bscuit - "I have become very cynical about analysts recommendations"

You and me and many others. I do subscribe to the IC but I am very careful on their tips and always do a lot of research before following them and most of the time I do not invest. I find their articles more interesting, especially Mr. Bearbull, but again I only very occassionaly invest in shares that he writes about.

[bscuit] 08/7/2013 18:39

Pardon my frustration. I have held these for years. I bought in 1998 approx. when a "golden cross" was identified. I didn't sell in 2007, when it nearly achieved the cost price--£4.865. The income is ok and it is only a small percentage of the ISA.

I have become very cynical about analysts .recommendations. I have held ICAP for about the same period and earlier this year IC @320 approx. said SELL, but it is up to over 400.

Pays your monies and take your chances!

[squidsgone] 04/7/2013 21:27

Weaker £ on consolidation of US profits .... but underlying encouraging export opportunities to UAE, Qatar, Saudi .... Bahrain, Kuwait .... more Oman. Saudi more than probable? UAE clears the pitch tho?

[gucci] 04/7/2013 13:32

heading back to 430p

[fangorn2] 05/6/2013 10:02

Bae Terrier

http://www.telegraph.co.uk/news/uknews/defence/10098379/British-soldiers-to-get-new-multi-purpose-combat-vehicle-dubbed-Swiss-Army-Knife.html

A bulldozer, crane, mine clearer and armoured vehicle rolled into one, the 32-ton Terrier is designed to be able to dig trenches and clear roads in the "most demanding battlefield conditions", according to manufacturers BAE Systems.

Can be operated by remote control as well! Whatever next.

[losos] 04/6/2013 12:54

MIATA - "fired 10 times and scored 10 direct hits on single and multiple maritime targets -- stationary and moving small boats"

That's a pretty impressive hit rate, I am guessing this is against those pirates, anyway a nice 'feather in the cap' for BAE.

Apologies for late reply as I don't often get time to look in here.

[levr] 29/5/2013 12:35

For anyone interested I've posted my Elliott Wave interpretation of the BA. chart on the HEW thread.

[fangorn2] 29/5/2013 09:51

Doubtful Dafrog.
Some things are pretty predictable.

[dafrog] 29/5/2013 09:40

So UK Gove gives contract to maintain our subs and T45s to a French company. Wonder if we can get a contract to maintain their subs and carriers?

[wad collector] 23/5/2013 12:14

Bought back my quarter holding at 415p - didn't expect this to turn into a trading stock.