Balfour Beatty Share Discussion Threads

[dickbush] 09/12/2020 07:36

Excellent update. Talking about 2021 to be broadly in line with 2019, disposal of investments and a return of capital (£50mil to be spent on buying back shares after Jan 1st). £500mil in net cash. The only negative is the US situation but it looks like they are putting their hands up and, in any case, it will be a one-off cost, and no doubt treated as an exceptional item in 2021's P&L.

[essentialinvestor] 01/11/2020 19:00

Construction sites to remain open (at least for now) however it may be wise to expect some margin impact?, potential increases in staff sickness levels etc, needing to self-isolate if a family member falls ill.

[essentialinvestor] 29/10/2020 18:38

Another national lockdown might be incredibly expensive for BBY. As mentioned a few weeks ago was surprised the share price had not begun to react already.

[essentialinvestor] 13/10/2020 12:58

Will construction sites stay open?.

[essentialinvestor] 26/9/2020 15:48

BBY's owned infrastructure book is now valued at circa £1 billion - and will pay out cash returns year after year. So the market effectively values the rest of BBY at approx £525 million. Given that fixed priced construction projects now represent less than 30% of the current order book (a number that is continuing to fall) BBY looks a decent medium term investment near current share price levels imv.

[essentialinvestor] 25/9/2020 12:09

Added this AM.

[essentialinvestor] 23/9/2020 16:13

Had a small amount.

[essentialinvestor] 19/9/2020 10:35

Closed my small trade yesterday.

[essentialinvestor] 17/9/2020 13:58

Risk here is further lockdowns impacting margins.

[essentialinvestor] 03/9/2020 08:19

Bought a small amount this morning. Major potential (short term) risk is any further lock downs, which would prove very costly. Longer term the current price looks reasonable(ish). If wider equity markets were to sell off again, this can easily trade below £2 imv.

[essentialinvestor] 22/7/2020 11:41

They did not need to cut the dividend, perhaps a case of political expediency with so much work derived from HMG.

[nw99] 08/6/2020 06:20

Div gone ...

[badtime] 28/5/2020 11:33

Ex div on the bonds ..those early sellers getting above par?

[dekle] 28/5/2020 09:00

Why are bond holders selling when they should receive the repayment in a months time?

[florenceorbis] 15/4/2020 09:13

Vinci, Balfour Beatty JV Awarded Lots N1 and N2 of Main HS2 Civil Engineering Contract 15/04/2020 8:04am Dow Jones News Balfour Beatty (LSE:BBY) Intraday Stock Chart Today : Wednesday 15 April 2020 Click Here for more Balfour Beatty Charts. By Mauro Orru Vinci SA said Wednesday that it has been awarded a contract for lots N1 and N2 of HS2's main civil engineering works package in the U.K. in a 50:50 joint venture with U.K. builder Balfour Beatty PLC. The French construction and infrastructure company said the joint venture was awarded the contract on April 1, with the two lots valued around 5.75 billion euros ($6.29 billion). Vinci added that work should start in the summer of 2020 and last 74 months. Write to Mauro Orru at [e-mail]; @MauroOrru94 (END) Dow Jones Newswires April 15, 2020 02:49 ET (06:49 GMT)

[dekle] 20/3/2020 12:17

Are projects likely to be delayed because the government will no longer have the funds available?

[badtime] 20/3/2020 10:52

Ords recovered strongly from yesterday's intraday low

[badtime] 19/3/2020 13:50

Ords down heavily

[essentialinvestor] 12/3/2020 11:19

bad market? - we have entered abear market, there's a difference, Almost everything lower.

[bmwman3] 12/3/2020 07:57

Strong finish yesterday boded well for this morning even on a bad market in general da! Good luck all, buy and hold!

[bmwman3] 11/3/2020 16:04

Should be some great reading in the Nationals tomorrow!

[bmwman3] 11/3/2020 15:53

Great day and more tomorrow! This is a re rate I feel!

[pugugly] 11/3/2020 14:20

While budget delivered increase in infrastructure and housing the rise here seems to be company specific - most in the same sector have barely moved and some such as FORT- Bricks a key component have fallen.