Bae Systems Share Discussion Threads

[fangorn2] 10/10/2013 13:20

Decent trading IMS

"Trading for the period has been consistent with management expectations at the time of the half-year results announcement on 1 August and the outlook remains unchanged."

Salaam pricing still to be agreed.

[darias] 07/10/2013 10:39

Out this morning.

[miata] 27/9/2013 10:09

As the previous posts have detailed, there is a reason behind this move.

I shall wait for a red blob to appear on the header RSI graph.

[wad collector] 27/9/2013 09:59

New highs today. Time to top slice , or sit on hands time?

[miata] 26/9/2013 09:40

UBS issued a buy note and raised its price target from 450p to 490p on talk of a UAE contract. Analyst Charles Armitage said: 'We understand that the bid for up to 60 Typhoons (plus unmanned aerial vehicles and technology sharing) has been submitted – the timing of a decision is always very difficult to forecast, but we estimate a win could be worth about 30p per share on a net present value basis – we have put a 50% (win) on this to give 15p additional value to our price target'.

UBS also believed that a long awaited deal relating to extra payment for the first tranche of Typhoons supplied to Saudi Arabia - due in part to changing requirements - could be signed in the second half; 'Given that this was first hoped for before the end of 2011 and then before the end of 2012, we believe that signature must reduce the risk'.

BAE Systems is unique in our defence coverage in that it has a large enough growth market in the middle east (mainly Saudi Arabia) to offset the decline in the US defence.

[lateralam] 26/9/2013 07:45

BAE SYSTEMS : The aerospace engineer has formally submitted a bid to build 60 Eurofighter Typhoon jets for the United Arab Emirates (UAE), stepping up its attempt to strike a deal that could support thousands of UK jobs and is vital for the company's prospects, writes the Telegraph.

[fangorn2] 25/9/2013 10:56

UBS "Buy" TP 490p fyg probably behind the upward move.

hxxp://sharecast.com/news/broker-snap-ubs-lifts-bae-systems-target-on-middle-east-potential/21180340.html?

[wad collector] 25/9/2013 10:21

Looking like a breakout this morning..

[yogi] 24/9/2013 23:45

If you ever are in Seoul worth a visit to the DMZ as it's then you fully grasp the ROK dependence on the US and it's products...

[miata] 24/9/2013 19:20

Boeing reveal first flights of F-16 fighters without occupants.

[miata] 24/9/2013 12:23

Wouldn't be much point if they didn't. Interesting to note that control of ROK's 640,000 army is still with the USA, transfers to ROK in 2015.

[squidsgone] 24/9/2013 12:05

I suppose the question is whether it will adjusted enough to meet F35's

[miata] 24/9/2013 11:27

The ROK DAPA said it would take around one year to complete the new tender round.
The F-15SE may still be considered. The budget for the jet fighter project will also be adjusted, the procurement office said in a statement.

[squidsgone] 24/9/2013 11:00

Confirms Boeing was the 'wrong answer'

[yogi] 24/9/2013 09:18

Re ROK not surprising really - decision timescales spect well into next year?

[fangorn2] 24/9/2013 08:45

South Korea fails to make a decision.
Looking to re open the tender.

Boeing the only company to tender within budget guidance apparently.

[wad collector] 20/9/2013 09:47

450 was too much to resist this morning ; just topsliced as I have an unhealthily large holding here.
Hard to think of a better place to put the money though - perhaps I should just spend it.

[yogi] 19/9/2013 20:09

Quite possible, wouldn't want to bet on an outcome just yet...

[squidsgone] 19/9/2013 09:34

A matter of saving face by finding why the Boeing offering doesn't fit so competition can be reset?

[yogi] 18/9/2013 20:22

ROK already has F-15K's from earlier buy so was always likely to be cheaper option, but may be hard to stomach politically when Japan has selected F 35. Interesting to see where it ends up...

[miata] 18/9/2013 17:06

18 Sep 2013 BAE Systems Plc BA. Investec Buy 444.00 443.00 450.00 485.00 Upgrades



Will Boeing get the S Korea fighter contract? (BAe makes parts for the F-35 which may lose out on cost grounds).

[ryanandbethanjones] 13/9/2013 15:53

Wad. I'm doing all right. Currently the divis pay for a nice all exclusive 2 weeks every year. And they are growing year on year

[wad collector] 09/9/2013 12:46

Ryan..etc. Is that how you sell them too? Your broker must love you.

[fabius1] 07/9/2013 10:06

Ryanetc. Don't entirely agree there, hence the question on this particular occasion but thanks for the advice.

[ryanandbethanjones] 07/9/2013 08:20

trying to time purchases is a mugs game. Drip feed cash in and wait for the divi and share price appreciation