Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Omicron while looking more transmissable, so far seems to be low risk. Despite the increase in cases, there have thus far been no fatalities and symptoms are mild.
Hopefully the markets will settle down, until the next one of course.
BA. should be a good defensive stock to hold in the current market, and looking at the market in general its not doing bad. I can only think that its the potential of supply chain issues, and the possibility of future political pressure to reduce defence budgets that is keeping this slightly down.
I can't believe there would be many shorting BA.
Unfortunately just like the markets, political unrest is unlikly to end anytime soon.
You are correct Paul2566 the markets will go on and share price will go up.
Next up for BAe will be any change to their contract with Tornado support in Saudi. From the last Interim Report 'negotiations on the next five-year Saudi British Defence Co-operation Programme Funding Arrangement have commenced between the UK and Saudi Arabian government' . Reading the report I understand that contract expires end of Dec 2021 so just weeks away now.
Perhaps there is a chance of something new contract wise, wringing out a few more extra millions before this old generation aircraft is eventually retired.
I have been holding out for a follow on Typhoon order but perhaps time is running out on that one due to German political issues. However, I read that Saudi is hosting a 'World Defense Show' in March 2022. Maybe if things change they might splash some cash at their own event!
I will be watching next week as it may provide a good opportunity to average down.
Whatever happens the world and the markets will go on.
1 case of Omicron (Botswana Variant) confirmed in Belgium.
Pfizer have stated they are confident that within 100 days they could have a vaccine ready for Omicron.
Early indications are Omicron would be around 4 times as contageous as the current Delta varient.
It has not however been confirmed to what degree, if any the protection offered by the current vaccine would be compromised.
I think a lot of the uncertainty regarding Covid had already been priced into the FTSE (Perhaps not in the US), and Fridays drops were a bit of an over reaction.
This does not in my opinion represent a 'Black Swan'.
Its holding up reasonably well in todays madness.
BAE is a solid defensive stock which has dependably paid dividends for the last 21 years, with the exception of 2003.
I think its a good stock to hole through good times and uncertain times alike, and well worth inclusion in a varied portfolio.
I am of course biased as the stock has been good to me over the years, and its hard not to like a stock that rewards investment.
It seems to be making small gains now, up 1.3% today so far.
Slow and steady.
I managed to get my order filled this morning at 550, which is within a whisker of the mid September low. I’m hoping that recent history repeats itself and we will soon see a fresh challenge of 600.
The vast majority of divi paying companies see their share price fall more than the actual divi.
Some investors like me who are holding for the income just ride it out whilst others prefer to sell their holding before the ex dividend date and look to buy back in cheaper.
Horses for courses.
Deagle, sp has fallen much more than the Div. I was aware of the technical 'double top' at 600p but decided to hold. It fell back quickly recently from there. Don't really believe in technicals because why shd a 'double top' influence the sp !! BA. is a good solid core holding, decent div and unlikely to go bust considering how uncertain the world's politics currently is, etc....
I haven't checked the price for a few days and was shocked to see the drop! Has anything changed or is this a nice chance for a cheap top up?