Bae Systems Share Discussion Threads

[ribblewader] 25/2/2019 14:22

Defence Secretary Gavin Williamson has announced the name of a new Dreadnought class submarine, HMS Warspite.

[wbecki] 23/2/2019 09:48

"Hopefuldave
22 Feb '19 - 11:22 - 1765 of 1766
0 0 0
Wow, you’re all so knowledgeable,as I was shocked by the huge drop yesterday .now I know, it’s Because of Germany."


The german news was actually out 3-4 days before BAe announced their results fyi Hopeful. FT article

[hopefuldave] 22/2/2019 11:22

Wow, you're all so knowledgeable,as I was shocked by the huge drop yesterday .now I know, it's Because of Germany.

[vikingwarrier] 22/2/2019 10:26

BAE are looking for alternate providers.

[wbecki] 22/2/2019 10:16

DZ BANK CUTS BAE SYSTEMS FAIR VALUE TO 550 (560) PENCE - 'BUY'
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JPMORGAN CUTS BAE SYSTEMS PRICE TARGET TO 530 (545) PENCE - 'NEUTRAL'
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CREDIT SUISSE CUTS BAE SYSTEMS PRICE TARGET TO 600 (635) PENCE - 'OUTPERFORM'


Have to be a buyer myself at these levels..

Might come a bit cheaper whilst the "German question" remains

[bookbroker] 22/2/2019 10:02

Does wonders for their pharmaceutical industry!

[luderitz] 22/2/2019 09:35

A German ban on arms exports to Saudi Arabia over the Jamal Khashoggi scandal could blow a £2.5 billion hole in the accounts of BAE Systems and scupper a £5 billion order for 48 Eurofighter Typhoons, potentially putting thousands of jobs at risk. Shares in the British defence company fell nearly 8 per cent yesterday, taking them close to 3½-year lows, because of concerns over contracts with Saudi Arabia, its largest customer after the British and US governments. - The Times

[bookbroker] 22/2/2019 08:51

In many ways I imagine a political problem in Germany as a result of their commitment in recent years to allow considerable numbers of refugees and the like into Germany from North Africa and Syria, when Austria, Hungary stating no more. They see Yemen becoming the next place from where migrants and the suffering will be seeking new homes, the Stockholm agreement regarding the ceasefire or truce is delicate, so we will see.

[bookbroker] 22/2/2019 08:46

I appreciate what you say, but what we do know is the German stance on new orders, and its contribution in supplying support and components for the weapons systems for the Typhoon, this will have a bearing on the MOU as regards the potential £10bln. contract due to be agreed upon in the near future. As stated it is not critical currently, as they are attempting to mitigate the effects, but at some point it could become very difficult to undertake the contract, this appears why the company suffered y’day!

[ribblewader] 22/2/2019 08:03

Just to help you do a bit of research, take a look at what BAE SYSTEMS does. Germany has no, or little control over company exports.

[bookbroker] 21/2/2019 22:01

Kinda depends somewhat on the March 9th review by Germans whether to allow export permits to Saudi Arabia.

[mj19] 21/2/2019 21:50

How much further will it fall is the question

[wad collector] 21/2/2019 19:17

Just gotta be cool about it ; it will bounce back. Look upon it as a buying opportunity if you can , a short term blip if you can't. I won't lose sleep over my large holding.(Plenty of other holdings to worry about!)

[bookbroker] 21/2/2019 18:28

Sources from Goldman Sachs, but then what does it matter, it is just frustrating when you hold the stock, flagged earnings yet the market treats the results with contempt.

[squidsgone] 21/2/2019 16:58

Well, would you look at that, it does!

[ribblewader] 21/2/2019 16:57

Worked for me squids!

[squidsgone] 21/2/2019 16:56

Never used the filter button on this board before, wonder if it works ... ?

[northernhills] 21/2/2019 16:55

This took a battering today, on fairly good results too.

[ribblewader] 21/2/2019 16:52

This made me smile....

Britain’s new F-35 fighter jets fitted with super-boosted ejector seats because RAF pilots are heavier

[ribblewader] 21/2/2019 16:44

Contracts are still rolling in

[wbecki] 21/2/2019 16:43

BA.L 463.90 -40.50 -8.03%

Ouch some fall on what were reasonable results imo.

[ribblewader] 21/2/2019 16:43

Also. Regarding sp, its how quickly it recovers to £5 plus that matters.