Bae Systems Share Discussion Threads

[northernhills] 24/11/2020 08:52

squids, its just a theory I have. Yes, I know it went ex divi in Oct.

[squidsgone] 24/11/2020 08:37

NorthernHills ... Good news for you, this is the cash payment of the divi, the shares went ex-divi (where they would fall because of the proposed divi) a good while back.

[northernhills] 24/11/2020 08:31

grahamburn. Working on the theory that the share price will fall by the amount of the divi payment (for a short time). If it does, i will still be in profit! :-)

[chiefbrody] 23/11/2020 18:22

Well given the choice the price would rocket after reinvestment.Not that many will complain if it happens before!

[carpingtris] 23/11/2020 18:00

Surely you'd want price to go down so your reinvested divis buy more.

[grahamburn] 23/11/2020 17:38

Northern Hills. Not sure why you link the rise to the dividend payment next Monday - the shares went ex-dividend on 22 October, so no relevance whatsoever.

Much more to do with the rising defence budget.

[ribblewader] 23/11/2020 11:46

It'll Do Northern, maybe even break the £6 earlier than I thought!

[northernhills] 23/11/2020 08:36

Looking at a good rise before divi payment next week. Started the week off well!

[ribblewader] 21/11/2020 08:54

Royal Navy to add more frigates to fleet

The new Type 32 Frigate will be built in addition to the Type 26 and Type 31 Frigates in the hopes of bringing the escort fleet up to 24 vessels from its current 19.

[poikka] 20/11/2020 12:42

Considering that this was at 650p pre-lockdown AND pre defence spending review, with a yield of over 4%, this is not really a share to be out of.

[poikka] 20/11/2020 12:39

Thanks, Ribble, good article.

[ribblewader] 20/11/2020 10:17

What the extra defence spending means and where it will go

This week’s announcement by the Prime Minister of an additional ‘£16.5bn’ for defence spending over the next four-five years is a welcome development for the Ministry of Defence, coming in the wake of financial uncertainty regarding the Chancellor’s delayed autumn spending review, where defence was viewed dimly by number ten.

In the end, the combined political weight of the Prime Minister, the Defence Secretary Ben Wallace, and the former Downing Street special adviser Dominic Cummings was enough to ensure that this financial uplift represents the largest investment into the British armed forces in 30 years, setting the scene for a UK defence strategy in a post-Brexit age..........

[owenski] 20/11/2020 09:07

"make decisions"
"take action"

oxymorons???? lol

[wad collector] 20/11/2020 09:04

Yep, the EU having a master strategy on crossing a main road would be an achievement...

I do like the look of the share price graph today ; does rather make the drop to £4 a month ago look even more bizarre.

[geckotheglorious] 20/11/2020 09:04

Poikka,

There's a fabulous Putin meme doing the rounds in this regard.

Along the lines of "What's that,no British Army,just the Italians..Why am I asking, oh no reason"

Very funny.

[poikka] 20/11/2020 08:33

"The European Union aims to draw up a master military strategy document to define future threats, goals and ambitions in defence..."

The whole idea of that coming to fruition, not to mention the new defence force being able to make decisions and take action, is challenging my imagination, severely.

[carpingtris] 19/11/2020 20:46

Yep.. doubt I'll see my 480p average anytime soon.. oh well onwards and upwards :)

[pander45] 19/11/2020 18:16

Good exposure on BBC news tonight. This company is going places.

[ribblewader] 19/11/2020 15:21

U.S. Navy awards $76.3 million contract for USS Stout's maintenance

BAE Systems has received a $76.3 million contract from the U.S. Navy to drydock and perform maintenance and modernization work aboard the guided-missile destroyer USS Stout (DDG 55).

[geckotheglorious] 19/11/2020 15:15

New Details Emerge About China's Super Secret "JH-XX" Stealth Bomber

Called the "JH-XX," the stealth bomber remains somewhat of a mystery, though The National Interest points out through a recent edition of the Chinese magazine "Aerospace Knowledge," a possible rendering of the plane was displayed.

[ribblewader] 19/11/2020 08:12

Airbus and Germany submit Eurofighter offer to Switzerland

[ribblewader] 19/11/2020 08:07

Nice to see us back over £5, chippy tea in the making?

BAE Systems awarded life-extension contract for Swiss CV90 combat vehicles

BAE Systems Hägglunds has received a contract from the Swiss Federal Office for Defense Procurement (armasuisse) for the life-extension of the Swiss Army’s CV9030, known as the “Schützenpanzer 2000.”
The life-extension program of the CV9030 will keep the 186 vehicle fleet in service until 2040 and significantly improve the platform’s ability in certain areas.

[chiefbrody] 19/11/2020 06:53

https://www.bbc.co.uk/news/uk-54988870

[dope007] 18/11/2020 22:52

Alot of very good news this week for BAE. Very happy to hold with an average around 470p excludingthe last to dividend payments into my spreadbet account. Also more than happy to add on weakness