Bae Systems Share Discussion Threads

[geckotheglorious] 25/6/2020 08:25

Dope,

Big question is how long the fat lady gargles for...FED has only so much firepower. Cant believe how much has been added to the Nat Debt US side(Or Japan for that matter)

Defence is going to be bigger business with all the wars hoving into view.

[dope007] 25/6/2020 08:20

Definately. I see US futures open so the FED is buying them..... Lols

[geckotheglorious] 25/6/2020 08:15

Very tempted sub 460p Book.
Plenty of be positive about going forward given the worlds hotspots..

[dope007] 25/6/2020 07:59

Yes I understand that and agree. Just thinking COVID reaction in the states may knock it a leg lower. It looks a good stock to buy to me. One of the few worth buying by the way

[bookbroker] 25/6/2020 07:55

These are good value irrespective, the Covid effect and the situation with commercial aerospace is having a bearing, but circa 10% of revenue, fallen a fair way and back at March levels, so is that fair?

[dope007] 25/6/2020 07:50

Tempted if this gets below 450p on Covid

[bookbroker] 25/6/2020 07:27

Be nice if closing that gap might give this a chance to rise again!

[geckotheglorious] 25/6/2020 07:23

Defence contractor BAE Systems said the Covid-19 pandemic has dented trading in the second quarter.

At its UK-based Air and Maritime sectors, second-quarter disruptions have particularly hit cost recoveries and sales volumes, offset somewhat by a strong underlying operational performance and cost-control measures. The US-based Controls and Avionics business "has been and is expected to be impacted for the near-term", especially in the commercial aftermarket and product delivery lines.

Demand remains high, though, with order intake in line with BAE's original expectations for the year.

Sales for the half-year are expected to be broadly stable year-on-year, but profit is expected to fall 15% due to cost under recoveries in the period, significantly reduced volumes in higher margin commercial work, and the sales mix.

"As we return towards full operational tempo we expect the business performance in the second half to be much stronger than in the first half, assuming no new significant Covid-19 related disruptions," said BAE.

The company added that it will provide an update alongside its interim results on its move to defer the decision on a 2019 final dividend.

[geckotheglorious] 25/6/2020 07:22

BAE Systems says H1 profit to fall but demand is high

[geckotheglorious] 25/6/2020 07:22

BAE Systems says H1 profit to fall but demand is high

[bookbroker] 25/6/2020 07:10

Rib. - I do find your posts interesting, it is important to see the nuts and bolts in terms of how and what BAE. does, I just find the share price and valuation dispiriting. This company has evolved considerably in terms of its intelligence side of things, maybe that will become more respected.

[geckotheglorious] 25/6/2020 07:04

Strangely no discussion of the news this morning, 15% fall in interim profits.

Plenty on bus power systems in NYC though I see!! Not sure the importance of such tbh.


Defence contractor BAE Systems said the Covid-19 pandemic has dented trading in the second quarter.

At its UK-based Air and Maritime sectors, second-quarter disruptions have particularly hit cost recoveries and sales volumes, offset somewhat by a strong underlying operational performance and cost-control measures. The US-based Controls and Avionics business "has been and is expected to be impacted for the near-term", especially in the commercial aftermarket and product delivery lines.

Demand remains high, though, with order intake in line with BAE's original expectations for the year.

Sales for the half-year are expected to be broadly stable year-on-year, but profit is expected to fall 15% due to cost under recoveries in the period, significantly reduced volumes in higher margin commercial work, and the sales mix.

"As we return towards full operational tempo we expect the business performance in the second half to be much stronger than in the first half, assuming no new significant Covid-19 related disruptions," said BAE.

The company added that it will provide an update alongside its interim results on its move to defer the decision on a 2019 final dividend.

[ribblewader] 25/6/2020 06:47

BAE Systems to power hundreds of buses in New York City with emission reducing electric power and propulsion systems.
BAE Systems has been selected to supply hundreds of electric hybrid power and propulsion systems for transit buses in New York City to help reduce transportation emissions.

BAE Systems, a world leader in electric propulsion systems, announced its selection by New York City Transit Authority to supply 435 electric hybrid power and propulsion systems for its new fleet of transit buses, reducing carbon emissions and fuel consumption.

[ribblewader] 25/6/2020 06:45

bb. I dont have a financial background but I can see your POV. If you see or find any of the financial news/guidance please let us know (I can then have a lead to the type of info you are looking for).

Looks like the UKDJ picked up on the BBC article......
BAE and Royal Navy provide first look at future autonomous sea boats

[bookbroker] 24/6/2020 19:19

Always interesting WC., informative, shame the investment community does not see the merits of holding a stock with Govt. revenue streams, i have thought they were pretty much rock-solid!

[geckotheglorious] 24/6/2020 17:34

Wad,

Rather he posted something important on time rather than 3 days after the event myself!!!!

See my last post, or the one before that.

[wad collector] 24/6/2020 15:55

Bookbroker, would you rather that RW posts his opinions rather than the news and broker updates?

[ribblewader] 24/6/2020 15:19

Perhaps your right bb, but any investment is the choice of the person doing it. Research is what matters. Financial reports, brokers recs, market forecasts etc are all very well but at some point you have to look at the companies business and what it produces for that market, in the case of BAE, globally.
Take todays BBC article, BAE are not the only company developing this idea but this is a BAE product, in the news and is the future.

Royal Navy's first crewless boat ready for testing

The team has worked in partnership with BAE Systems, which builds the Pacific 24 in Portsmouth.

[bookbroker] 24/6/2020 15:05

To a point, but what I need enlightening is where we are with this company as an investment, I’m thinking this company needs to look at a merger or a break-up. Seems very strong in cyber and electronic warfare, as for hardware that is a different matter, that is where projects like Trident and Land Systems seem to be lacking visibility beyond the current lifetime of existing projects.

[ribblewader] 24/6/2020 14:57

Are you saying company news is not relevant? Why the share price is where it is, is not something I have market experience with. Now engineering and or defence procurement thats another matter.....:-)

[bookbroker] 24/6/2020 14:47

Why do you not post something that is relevant, just repeating what is written in defense journals does little to justify why this valuation in this company is not higher.

[ribblewader] 24/6/2020 06:48

Hyper-realism in simulator training

[ribblewader] 23/6/2020 13:24

Defense planning takes a back seat in Britain’s struggle to shake the coronavirus

[ribblewader] 22/6/2020 16:08

Royal Air Force swarming drone project ‘exceeding expectations’

The Royal Air Force’s swarming drone project is understood to be “exceeding expectations”, with 216 Squadron preparing for the role of operating the RAF’s future fleet of network enabled drones.

[ribblewader] 22/6/2020 07:15

Typhoons Take Off as part of a UK-Qatari joint squadron

The UK's Royal Air Force and Qatar Emiri Air Force (QEAF) Typhoon Squadron, known as No.12 Squadron, have marked an important milestone as they commenced flying as a Joint Squadron.

Based at RAF Coningsby, No.12 Squadron is a unique initiative between the UK and Qatar and will provide the QEAF with valuable experience operating the Typhoon as they prepare to receive their first aircraft. With deliveries commencing in 2022, the aircraft are part of a £5.1 billion deal between BAE Systems and the Government of Qatar.