Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investors. Watch the full 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.
Do I sell now or wait to see what happens?
BRIEF – Balfour Beatty to review John Laing Fund's proposal once received 01 Dec 2014 - 12:02 Dec 1 (Reuters) – Balfour Beatty Plc Response to jlif announcement Notes announcement by john laing infrastructure fund ltd ("jlif") that it intends to make a non-binding proposal for balfour beatty's ppp portfolio Will review proposal once received from jlif. A further announcement will be made in due course, as appropriate Source text for Eikon: ... Further company coverage: BALF.L
Will Balfour Beatty expect to get involved with new £15bn road construction announced by Chancellor today?
<b>John Laing fund prepares £1bn bid for Balfour assets John Laing Infrastructure Fund wants to buy the private public partnership portfolio of struggling construction firm Balfour Beatty.</b> by Gavin Lumsden on Dec 01, 2014 at 08:34 John Laing Infrastructure Fund (JLIF + ) is making a £1 billion bid for the private public partnership portfolio of struggling construction firm Balfour Beatty. Following weekend reports the investment arm of John Laing, a rival construction firm, confirmed this morning that subject to due diligence it was making a non-binding proposal to buy the PPP assets in cash. Balfour Beatty (BALF + ) shares jumped 9p, or 5%, to 192p but after a string of profits warnings have lost about a third of their value this year. After resisting a takeover bid by Carillion in the summer it replaced all its senior management. JLIF shed 3p to 120.5p. According to reports the PPP portfolio has previously been valued at £1.1 billion and includes contracts to run student and military accommodation, roads and hospitals. This is a similar mix of assets JLIF already runs. The Guernsey-based investment company was spun off and separately listed on the London Stock Exchange in 2010, As with previous acquisitions, JLIF said it would finance the purchase by issuing shares to investors. Launched four years ago, JLIF is managed by David Marshall and Andrew Charlesworth. At 5.2% it is the highest yielding of four social infrastructure investment companies. It has generated a 13.5% total return for shareholders over three years.
UPDATE 1 – John Laing Fund makes 1 bln stg offer for Balfour assets 01 Dec 2014 - 07:52 (Adds background, Kier Group in talks with Mouchel) LONDON, Dec 1 (Reuters) – John Laing Infrastructure Fund on Monday offered to buy Balfour Beatty's portfolio of public-private partnership assets, operating in sectors like education and health, for 1 billion pounds ($1.6 billion) in cash. JLIF said it would fund the deal by issuing shares. The group is one of Europe's largest listed infrastructure funds which partners with public sector groups across the world to deliver local and national infrastructure projects. John Laing's swoop for the assets comes after a troubled couple of years for Balfour Beatty, during which it has issued a string of profit warnings and fended off takeover approaches from rival Carillion . The infrastructure group has appointed turnaround specialist Leo Quinn from defence firm Qinetiq as its new chief executive, tasked with leading a strategic review of the group when he joins on Jan. 1. ...
Balfour Beatty set to receive £1 billion offer for investment arm: Balfour Beatty is expected to receive a £1 billion offer for its investment arm this week in a development that could lead to an eventual break-up of the construction company.
My prediction is 215 close on monday
Share is going north tomorrow any prediction on highest price tomorrow?
BBY Balfour Beatty on verge of breaking into a gap and proceeding up to 220p in quick order. Rec stock and TO Target. https://pbs.twimg.com/media/B3iAHtSIcAAt7cK.jpg
<b>Balfour Beatty boosted by hopes of revival or new bid, while FTSE drifts higher Troubled construction group could be on road to recovery, say Merrill Lynch analysts</b> 26/11/2014 <img src="http://static.guim.co.uk/sys-images/Guardian/Pix/pictures/2014/11/25/1416935084682/056cb06b-e23c-417f-8b6a-4e4e6857721c-460x276.jpeg"> Balfour Beatty has been through the mire recently, with several profit warnings, changes of top executives and a failed bid from Carillion. But it looked brighter after a positive note from Bank of America Merrill Lynch, which moved from neutral to buy albeit with a target price cut from 250p to 230p, based on a recovery at the business and the prospect of Carillion taking another tilt at the company come next February. Merrill analyst Marcin Wojtal said: <i>Five profit warnings in UK construction in the past two years have led to significant underperformance versus the sector and the stock is down 50% from its highs in February 2014. However, the balance sheet is now solid (£200m estimated net cash in December 2014) post the sale of Parsons Brinckerhoff, and most businesses (notably public private partnerships and US construction) are performing well. KPMG’s review of contracts in UK construction is due by year-end and creates certain overhang. However, this looks priced in, as to justify the current share price based on a sum of the price, we would have to assume UK construction is worth a negative £500m. We think [Balfour] retains significant M&A appeal for a player looking for a back door to its portfolio of PPP assets and willing to take a 2-3 year view, before potential UK restructuring starts bearing fruit. Under UK takeover rules, Carillion cannot make a hostile bid for Balfour Beatty for six months, ie, until February 2015. Both companies could also hypothetically re- engage in tie-up talks (ie after expiry of three months lock-up post the rejection in 19 August 2014).</i> Its shares closed 13.7p or more than 8% higher at 176.8p.
26 Nov 2014 Balfour Beatty PLC BBY Liberum Capital Buy 178.25 176.80 250.00 250.00 Reiterates SP Target 250p
i was thinking the same but i thought it was bit to early to go for STAN.
25 Nov 2014 Balfour Beatty PLC BBY Canaccord Genuity Hold 170.20 163.10 - 185.00 Initiates/Starts
BBY Balfour Beatty looks to have formed a base on the chart. Last results last week had no nasties 190p then 220p aim SP targets on chart. https://pbs.twimg.com/media/B3RnFlnIQAAbPnI.jpg
Anyone know what's happening with the share buy back from the big sell in October?
Kept the freebies...now for some STAN
TD showed no change to yesterdays close, while others were showing it up to 165.8.......TD wouldn't trade until after 0805 hrs, and then the price was......163.9.....must send them an email !
Can it? 8.2p rise in one day...how much of that is day traders diving in hoping for a quick profit on current 164
Up 7.2p....4.56%.....good start to the day
So price goes up 4p....makes it harder to get to that 100..."force" a smile though... lol
Trading statement looks good - strong buy
Never take notice of Broker's rating....shares generally go the other way..
Their target price is a bit of a joke...115
Think its got a bit to drop yet Robbo before recovery starts....might just head into the 140's again, so its bite the bullet time for those who are in at current (154.90 -3.80 (-2.39%) ) or higher levels. Divvy should soften the blow a bit. Will probably top up about Christmas time when the fun money comes in with the seasonal greeting cards.
Looks like BBY is cutting out the dead wood and realigning its home base....short term kick in the teeth, long term good move