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Balfour Beatty Share Discussion Threads
Showing 3351 to 3371 of 3375 messages
|in the advfn portfolio there are 2 NRN but when you click at them nothing is coming out so it looks like some thing is being held back.|
|Here is that link in usable format. Too small to account for the rise.
|been searching since morning and finally found it and here is the news for the rise.
|Let's hope so. I've not heard good things about their UK business. It's the US business and investments that are keeping me in these.|
|Sudden rise here this morning - bid rumours perhaps. IMO more than likely that a US bidder will strike this year.|
|recommended in the Times|
|I would guess the share price tendency to crash has killed the interest of many private investors.
350p in 2011, 215p in 2013, back over 300p in 2014 to half that within 6 months.
A bumpy ride indeed and no divi until the miniscule return re-started a little while back.
Anyway there's all that infrastructure to be built here and US. If they bid right (ie not just low enough to secure the work but on terms where you actually make a profit) then the dream could be back on.
It got a good write up in the Telegraph in December
|Numis have £95m and 12.9p for year to Dec 2017, 2016 was £60m and 7.1p so recover plan under Leo Quinn appears to be baring fruit...But at 266p it is 20.6x ...Caught between 50 and 200 day moving averages..
In hold territory for now after a strong Brexit recovery last year..|
|Thanks, I'll have a look.|
|Interesting you should ask that, I have just revisited this thread for the first time in a long while...Need to find out more but whilst in W H Smith earlier today picked up a copy of the Week Magazine who mention that BBY had been recommended in the press, can't remember who by...Hoped to find a bit more here but it seems more than a little quiet!|
|Has anyone posted since Nov. last year?Many thanks.|
|Good results from Carllion today bodes well for BBY|
|Quite right SKYSHIP. I didn't dare even peek at the market this morning.
And of course we meet again: BB seems to be recovering from a few bad years, long may it etc.
I bought into FORTERRA (FORT) earlier this year, they have US operations, now about this wall on the border...
OT: I'm buying my late neighbours house and garden, however the local Commune has sent a 'lawyer's letter' stating that they intend to expropriate it should I go ahead with the purchase. You know a decent lawyer experienced in this stuff?
Otherwise trust all well. D|
|Interesting moves this AM post Trump victory. Down 3.5% on the open, then buyers emerge - now up 1%.
BBY of course has a major US presence, so should be a big gainer from the promised massive boost to infrastructure expenditure across the water...|
|Why is BBY slipping?|
|Bought this looks very good for a turnaround|
|Tipped in the ST - according to the DM (from which the below is copied).
Edit:- but seems to be a back-handed tip. Lol
The Inside the City column believes now may be the time to jump into Balfour Beatty.
It noted that shares in the construction and engineering giant have fallen by a third since March, when it unveiled its annual results. Since then it has announced two shock profit warnings.
The first which came in May and cost former chief executive Andrew McNaughton his job was mostly due to a few dozen contracts in its mechanical and engineering services business that were poorly handled and over budget. The second, which the company announced last Thursday, knocked the stock again.
Executive chairman Steve Marshall launched a search for a new boss and stepped into the breach left by Mr McNaughton in the meantime.
The paper said Mr Marshall appears to have grasped the nettle, and most of the troublesome contracts are short-term deals that run out by the end of the year.
But if history is any guide, it added, things could get worse, as profit warnings often beget more profit warnings - Mr Marshall may well have rooted out all the problems, or he may find more.
The paper pointed out, however, that Balfour is certainly vulnerable to a takeover, with rumours having bubbled up that private equity, in partnership with an industry rival, could team up for an opportunistic bid for the company and break it up.
The column concluded that if you are a risk-taker and believe Balfour has hit bottom, now is the time to pounce.
|Interims 12th August last year...|
|I've always considered it likely that BBY would fall to a US takeover at some stage this year. At the start of the year BBY were @ c270p, now they are at c224p - a full 17% lower - a full 24% lower taking the currency change into account. BBY could now be a very tempting target.
Being such a major infrastructure player, Theresa May may not approve; however with the right promises/commitments, surely a bidder, if planning to act, should act sooner rather than later.
One to follow...|
|[hd] re jumbo|
|Balfour Beatty retains faith in turnround drive as losses narrow