Bae Systems Share Discussion Threads

[neilyb675] 26/2/2024 13:50

1249.50 - 1250.00 (GBX) at 13:50:00
on Market (LSE)

[ribblewader] 26/2/2024 12:30

The UK Royal Air Force (RAF) is starting to assess its pilot training needs regarding the future Global Combat Air Programme (GCAP), having determined that its current BAE Systems Hawk T2s will not be suitable for the task.

A 28-strong fleet of Hawk T2s currently delivers advanced jet training in support of the RAF’s Eurofighter Typhoon and Lockheed Martin F-35B fleets.



Thats going to be a bit of a blow......

[phillis] 26/2/2024 12:18

Merely a mouthpiece

[actomox] 23/2/2024 10:04

Thanks Ribble wader for your always informative contributions.

[ribblewader] 23/2/2024 08:31

Malloy Aeronautics welcomed Minister for Defence Procurement, James Cartlidge and Commander of Strategic Command, General Sir Jim Hockenhull as they announced a new government strategy to support the development and deployment of uncrewed systems to the UK Armed Forces.
The UK Defence Drone Strategy will create a unified approach across all three military services and industry to enable the rapid experimentation, testing, evaluation and procurement of uncrewed platforms.

BAE Systems who recently announced the acquisition of Malloy Aeronautics have invested in uncrewed systems across land, sea and air domains for many years and the new strategy is an important next step.

The strategy will help academia and industry to build on the UK’s already world-renowned leadership in this technology and increase the pace at which we can identify opportunities and collaborate to deliver new capabilities across all domains.

[wad collector] 21/2/2024 18:23

Think you will have to ask Mr Starmer.

[s2lowner1] 21/2/2024 14:32

Hello, Is BAE currently involved, or likely to be involved, in trident or its successor in anyway ? Just wondering.
hxxps://www.politico.eu/article/uk-trident-nuclear-program/

[rech] 21/2/2024 14:16

anhar,

My holding's up four fold. It's now worth enough to buy a house. And to think that I recklessly sold some of it down, years ago, just to realise the annual CGT allowance. Tax tail wagged ignorant dog. There's a lesson there.

[anhar] 21/2/2024 11:17

Yeah my holding has well over trebled which is nice but I don't invest with gains as my aim. As I've said I'm only here for the divis and they've been good to me over the years.

Incidentally I find it fooling yourself a bit to consider the yield on cost. If I review my port and compare the holdings with a view to making some changes, it's the current yields that are important imo. I rarely sell though and esp. not a share like BA. with it's attractive long term increasing divi record.

[chiefbrody] 21/2/2024 11:07

Yield is now over 10% for those that have held shares for around a decade or so now. My cheapest buy was £2.63 back in 2011.Sadly only smaller chunks back then but for those with deeper pockets who have managed to hold onto them for the length of time. Bonanza!

[anhar] 21/2/2024 11:02

Current share price of over 1200p and the dividend of 30p isn’t inflation beating as the inflation is running over 5% at least! The dividend is only 2.4% if you are buying this over 1200p - you would be better.off investing in Barclays or Lloyd’s or NWG

As ohdear suggests, I think you misunderstand, confusing divi with yield. It is the divi increase of 11.1% that is inflation beating. I agree the yield is low but that's a different matter. As for being better off in other higher yielding shares, I do exactly that with BA. plus many other stocks in a widely diversified and very long term hold income port.

For an income investor it is crucial to diversify imo, to spread the risks. This inevitably means that some shares will be higher yielding than others when held for decades like me. That's not a problem because diversity trumps individual yield so an arms maker like BA. is welcome in my port and I've held it for many years. It's the overall port yield that matters to me.

[ohdearohdearohdear] 21/2/2024 10:31

Not sure you understand the concept of a dividend abbs.

Completely agree anhar - good for a continuing long term hold.

[abbs] 21/2/2024 10:29

Current share price of over 1200p and the dividend of 30p isn’t inflation beating as the inflation is running over 5% at least! The dividend is only 2.4% if you are buying this over 1200p - you would be better.off investing in Barclays or Lloyd’s or NWG

[anhar] 21/2/2024 09:33

Inflation beating divi increase of 11.1% for 2023 to 30.0p (2022 27.0p). As purely a long term income investor, this was very good news for me as is their fine long term divi record.

[squidsgone] 21/2/2024 09:28

Usual drop on results day, I expect the usual recovery past last nights close over the next couple of weeks as the results roadshow travels around the investor community.

[chiefbrody] 21/2/2024 08:48

Looks ok to me. Higher highs and higher lows. Bit of profit taking but won't be surprised if this isn't 13 quid in a few days.

[thamestrader] 21/2/2024 08:42

Hmmm, tempted to buy back the shares I sold.

[ribblewader] 21/2/2024 08:39

Header updated to reflect todays RNS

The Board has recommended a final dividend of 18.5p, bringing the total dividend in respect of 2023 to 30.0p. Subject to shareholder approval at the 2024 Annual General Meeting, the dividend will be paid on 3 June 2024 to shareholders on the share register on 19 April 2024.

[utyinv] 21/2/2024 08:08

18.5p final divi

[gurunostradamus] 21/2/2024 07:46

At the current share price, the annual dividend is equivalent to around 2.4%

[suetballs] 21/2/2024 07:38

A solid solid hold for me.
Well done everybody.
Suet

[bigbigdave] 21/2/2024 07:25

JPMORGAN RAISES BAE SYSTEMS PRICE TARGET TO 1400 (1300) PENCE - 'OVERWEIGHT'