Bae Systems Share Discussion Threads

[wad collector] 18/6/2015 08:34

472 limit filled. My take on the share price weakness it that , if you are looking for long term holds , then most of the undulations of share price are irrational and irrelevant . Good for traders though.

[ribblewader] 17/6/2015 12:24

BAE not at Paris this year, which may be a part of the reason for down turn. Eurofighter is not getting the orders hoped for but BAE are a partner and Typhoon (lack of) sales will not help. But then the Land and Sea businesses are not suffering as much as Air..... All IMHO

[alphahunter] 17/6/2015 11:58

I can't really see why the stock is (under/inline)performing the broader market given the defensive nature of the company, the high yield the stock offers and the USD exposure and the analysts' 2016 estimates have remained remarkably stable since September.

Any disappointing feedback from the Paris Air Show? Any issues surrounding the F35? Or Eurofighter Typhoon / Rafale competition?

All views welcome.

[wad collector] 17/6/2015 09:12

You maybe right . I only set a one day limit order by accident , so re-instated it today at a more ambitious 472.

[ribblewader] 16/6/2015 10:37

wad,
I suspect we will see the 450 mark over the next few weeks......
RW

[wad collector] 16/6/2015 09:38

Another buy order for 476 set. FTSE in a bit of a dip that I don't think will sustain whatever happens in Greece.

[fangorn2] 09/6/2015 14:00

@Waddy,

Tempted to buy back in myself at current levels...might wait a bit though.Expecting a bit more Greece related fallout.

[fangorn2] 03/6/2015 18:05

F35B


Quite an astonishing aircraft.

[fangorn2] 28/5/2015 22:51

UK and US military test F-35B Lightning II jets at sea

Watch as the Royal Navy and Royal Air Force join American colleagues by testing the latest F-35B Lightning II fast jets

[wad collector] 08/5/2015 10:10

Rather pleased with my 495 buyback yesterday. I think a Tory majority is a strong play for the defence sector even if a lot of BAE business is overseas. I don't think this has factored into the share price enough yet , currently 512.

I also just realised that I accidentally put in a double order (I had forgotten an old limit) so bought twice. Excellent!

[wad collector] 07/5/2015 10:16

Yesterday's AGM statement looked positive , but share price sinking today ?fears of an SNP related Trident decommission?

I will buy some more back soon I think.


Ian King, Chief Executive, will say: "Our business is making good progress in 2015. We continue to win new business, meet key milestones on our major programmes and develop technologies and skills that underpin our future success."

Other than for exchange translation, trading for the period has been consistent with management expectations at the time of the 2014 results announcement and the Group's outlook remains unchanged. The Group's underlying earnings per share are expected to be marginally higher than in 2014, including some reliance on anticipated naval and aircraft orders.

Following the strong performance in the first half of 2014 that resulted from good programme execution on the Typhoon programme, trading performance in 2015 is expected to have greater second half bias.

The results of voting at the AGM will be announced later today.

Key points in 2015 to date:

-- GBP112m extension to Typhoon Availability Service contract until early 2016;

-- GBP165m contract to deliver capability enhancements for the Eurofighter Typhoon, with an order value of GBP72m for BAE Systems;

-- GBP859m demonstration phase for the Royal Navy's Type 26 global combat ship programme;

-- Selected by Boeing to provide the Remote Electronic Units for the 777X aircraft, resulting in the Group developing the complete suite of flight control electronics for the aircraft's fly-by-wire system;

-- In 2014, BAE Systems was selected for the Enhanced Night Vision Goggle III and Family of Weapon Sight-Individual (ENVG III/FWS-I) programme. The awards, worth up to $434m over five years, were subsequently protested. The most recent protest has now been denied, enabling the contract to proceed.

-- Completion of disposal of 75% interest in Land Systems South Africa for a cash consideration of approximately GBP36m;

-- Strategic assessment initiated of manpower and services businesses within the US-managed Intelligence & Security sector;

-- BAE Systems continues to review the future shipbuilding outlook in its Australian business to assess the options to address an anticipated workload reduction later this year with the completion of the Landing Helicopter Dock programme:

-- BAE Systems 37.5% share of recent contracts signed in Egypt and Qatar by the MBDA guided weapons joint

[wad collector] 22/4/2015 12:00

Limit buybacks set 505 , 503 , 493. I think the share price weakness is irrational.

2 filled within the hour , not sure if the 493 will be reached this week?

[lateralam] 22/4/2015 08:49

All I can say is WTF!? I can't believe we haven't even recovered from the divi yet. A week ago the share price was bloody 532...

[lateralam] 16/4/2015 14:14

Don't forget too that a few stops may have been hit and MM's using today to stop hunt also. Be interesting to see the close tomorrow

[wad collector] 16/4/2015 12:40

It has had a good run , so a bit of profit taking also a factor I suspect. I sold half of mine averaging about 535 , so been looking for a re-entry .Looks like might be coming...

[fangorn2] 16/4/2015 11:56

"Shares in aerospace and defence group BAE Systems were trading lower on Thursday after the stock went ex-dividend, though UBS was providing further downwards pressure after cutting its rating from 'buy' to 'neutral'"

UBS Downgrade as well I see.

[chriswatts] 16/4/2015 08:40

Partly that. But dropped 20p on a 12p divi.

[pete123456] 16/4/2015 08:24

drop today because xd

[s2lowner] 20/3/2015 14:11

RW
well done with OXB I lost quite a lot on biotechs some years ago so haven't kept up with events, but health sector in general very strong at the moment recently went in GSK.

Know what you mean about retirement, I find I am as busy as when I worked

[ribblewader] 20/3/2015 13:39

s2,
Thanks for that. My SB is now Lloyds, but i do also have a residule (as in shares that have made too much of a loss) with HSBC. I see where you are coming from and need to find more time for this. Looks like i dont have as much time free in retirement as I was hoping for!...........P.S, one of those residule shares is OXB, held since 2002 and topped up (a lot) through to 2007. Take a look at them now, might not be such a loss leader very soon ;-)

[ribblewader] 20/3/2015 11:43

Wad, wish i knew how to do half the stuff you produce, I know its DYOR but I would not know where to start. Mine comes from market/sector knowledge and my on line bank shares research facility. Was all the above from a single web source?

[wad collector] 20/3/2015 11:05

The broker views go from 440p to 615p , which shows just how much they are guessing too!

18 Mar 15 Morgan Stanley Equal weight 545.75 515.00 570.00 Reiterates
24 Feb 15 Societe Generale Buy 545.75 485.00 600.00 Upgrades
23 Feb 15 Berenberg Hold 545.75 507.00 530.00 Reiterates
23 Feb 15 Citigroup Neutral 545.75 510.00 510.00 Reiterates
23 Feb 15 Espirito Santo Execution Noble Buy 545.75 585.00 615.00 Reiterates
23 Feb 15 Deutsche Bank Hold 545.75 495.00 495.00 Reiterates
23 Feb 15 Credit Suisse Outperform 545.75 500.00 610.00 Reiterates
20 Feb 15 RBC Capital Markets Outperform 545.75 570.00 570.00 Reiterates
20 Feb 15 Bank of America Merrill Lynch Buy 545.75 550.00 570.00 Reiterates
19 Feb 15 JP Morgan Cazenove Underweight 545.75 - - Reiterates
19 Feb 15 Investec Sell 545.75 440.00 440.00 Retains
19 Feb 15 Cantor Fitzgerald Buy 545.75 575.00 575.00 Reiterates
10 Feb 15 Espirito Santo Execution Noble Buy 545.75 570.00 585.00 Reiterates