Bae Systems Share Discussion Threads

[silverstone1] 01/8/2020 10:43

GECKOTHEGLORIOUS, EVEN GOLDMAN SACHS PRICE TARGET IS ABOVE THE CURRENT SHARE PRICE, BUT BARCLAYS, BERENBERG BANK, CITIGROUP, CREDIT SUISSE, DEUTSCH BANK, JEFFERIES, JP MORGAN CAZENOVE AND MORGAN STANLEY PRICE TARGETS ARE ALL SUBSTANTIALLY ABOVE THE CURRENT SHARE PRICE BECAUSE BAE SYSTEMS ARE 100% SAFE! HOW MANY OTHER INVESTMENTS CAN YOU NAME THAT ARE 100% SAFE FOR BOTH INCOME AND GROWTH?

[hardm] 01/8/2020 10:05

dalep, did you watch the video presentation from BAE Directors, their view is not the same as yours re: defense spending and the order book is secure for years to come

[carpingtris] 01/8/2020 09:45

I don't see governments making massive cuts on defence spending.

You've only got to look at the tensions between nations which if anything might get worse over the next few years!

US vs China
India vs China
Australia vs China

Then we've still got Russian interference, Iran much like N.Korea are unstable.

Only the other week wasn't a satellite destroyed? Space race would lead to yet more tech and spending.

[hardm] 01/8/2020 08:56

Goldman was issued before the half year reports, as was UBS, so let's see if/when they update their advice

[dalep716] 31/7/2020 21:43

Good to see the dividend. So how do investors see defence spending going over the next couple of years? For me it's rock-bottom, also drones less profitable than Typhoons, so share price pegged around 500, not a climb to 600, but I've been wrong before!

[geckotheglorious] 31/7/2020 19:24

Silverstone1
Post 3007
"YES AS A RETIRED STOCKBROKER MY PRICE TARGET IS 675P WITHIN 12 MONTHS! JP MORGAN CAZENOVE TODAY REAFFIRMS ITS OVERWEIGHT RATING ON BAE SYSTEMS PLC (LON:BA.) AND CUT ITS PRICE TARGET TO 750P (FROM 765P)"


Strange then, if you're a retired stockbroker, that you missed

"Goldman cuts BAE TP to 505p(514p)"Neutral"

Second rate stockbroker then such as Peel Hunt, Berenberg or one of the other bucket shops??

[silverstone1] 31/7/2020 14:52

IT'S YOUR LOSS BECAUSE MY POSTS HAVE BEEN ACCURATE SO FAR!

[redips2] 31/7/2020 14:33

I learned many years ago that empty vessels make the most noise.... best to filter me thinks.

[silverstone1] 31/7/2020 13:17

I LEARNT A LONG TIME AGO THAT MORE CLIENTS FOLLOWED MY ADVICE WHEN WRITTEN IN CAPITAL LETTERS!

[ccraig69] 31/7/2020 12:35

as a retiree you have a lot of time to investigate the use of caps lock

[hardm] 31/7/2020 12:15

Everyone seems to agree, but the price went down today. Absolutely no idea why!?

[silverstone1] 31/7/2020 12:08

YES AS A RETIRED STOCKBROKER MY PRICE TARGET IS 675P WITHIN 12 MONTHS! JP MORGAN CAZENOVE TODAY REAFFIRMS ITS OVERWEIGHT RATING ON BAE SYSTEMS PLC (LON:BA.) AND CUT ITS PRICE TARGET TO 750P (FROM 765P).

[geckotheglorious] 31/7/2020 11:27

YOURS Silver.

[silverstone1] 31/7/2020 10:20

675P WITHIN 12 MONTHS!

[northernhills] 31/7/2020 08:08

h, nice ambition! Great if it does, but I cannot see £6+ before 2022

[hardm] 30/7/2020 18:14

Very good day, especially considering the heavy fall in the FTSE.

Germany mentioned in terms of Typhoons, so the deal must be close. Additionally, Saudi backlog also mentioned.

Should be increases all the way back to 600's now, hopefully climbing further.

General FTSE induced climb of 10%
Typhoon deal 10%
Completion of takeover deal 5%
Saudi information/backlog - 5%

I reckon 675 within 6 months.

[ribblewader] 30/7/2020 16:33

Nice end to the day

[charlie_324] 30/7/2020 12:20

Maintaining the divi is better than I was expecting!

[ribblewader] 30/7/2020 11:44

Ah well, for a short while £5+

[dope007] 30/7/2020 11:29

So buy today for yield of 4.7% up to 23rd Oct 2020. Looks good to me. Gonna watch this one very closely now. Hope it drifts lower and will now buy in tranches, starting today

[suetballs] 30/7/2020 08:40

Got it totally wrong on the dividend - yippee.
Happy days are here again.
Suet

[ribblewader] 30/7/2020 08:30

Header updated.
SP through £5!

[ribblewader] 30/7/2020 08:17

From todays half year report

Dividend

The directors have declared an interim dividend of 13.8p per share in respect of the year ended 31 December 2019, payable in September, being the value of the dividend proposed but subsequently deferred earlier in the year.

- In addition, the directors have also declared an interim dividend of 9.4p per share in respect of the half year ended 30 June 2020. This dividend will be payable in November assuming that there are no major additional or unforeseen pandemic-related disruptions.

[carpingtris] 30/7/2020 07:10

Looks like the Divi is back :)