George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. 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.
just sold 1st tranche. lets see.
SP 50p - 70p, bound to be some more bad news they haven't yet announced.
Have to agree with rugs, 5 profit warnings in 15 months! Bad news keeps coming since the acquiistion of Aeroflex which cobham overpaid for. This has been a bad luck share for me over the years and tainted now. was tempted to jump in but cant see a short term rise personally.
It was a prime takeover target when I bought in at 170.... Got out this morning having lost nearly half my investment. It may come good but could well fall further. Good luck.
Bought some this morning
dont mind if it drops further as i will double up. This must now be a prime take over target at £1.
Im in yippee
im in , first tranche .
Is it worth buy now at this price?
Announcing further operational inefficiencies, costs and uncertainty around the KC contract. Probably another heavily negative market reaction incoming, I will be looking to buy this year as it turns more positive, but I think we could see the low hundreds in 2017 Sharpe as you mentioned!
http://www.lse.co.uk/sharecast-news-article.asp?ArticleCode=25551050&ArticleHeadline=uk_defence_spending_falls_short_of_nato_minimum_thinktank_says If NATO members step up to the 2% defence budget we should see some good news soon
Cob before purchasing a decent amount of these shares. In the long run this is one of the most stable companies out there. Ok - there are a few problems to address but senior management are tackling them. Sir Donald Trump is good for business.
Starting to look attractive to me now. short term support at 129.00.. but long term massive at 106.00.. i'll dip a toe in at 129 and go all in by 106... (trailing buys)
http://www.dailymail.co.uk/money/article-4197506/2-3m-share-scandal-rocks-defence-giant.html
...for sure. The company has to go through a period of reconstruction, but it will come good. The question is, at what point is a good price to buy in. The dip in April went down to around 130p before recovering, and October around 140p. With the lack of divi, I think it may go a bit lower, or hover around the 135p mark, but I doubt it will be a quick move up. Watching, buying finger at the ready.
Cancelling the dividend was forced on them, and that is not such good news, but given that it is a necessary action, what done is done. The real issue here is the uncertainty in some contracts and business going forward. At best, the stock will hold the current price (stagnant) until things improve. Alternatively, if you feel markets in general look bloated, then a general correction across the board will send it lower. Then it only a matter of picking in your buying point,.
I think your right. There guide of 250m is just 2% less than the guide previously and the dDivi is10p ish for the year or 7-8p final - so even discounting that your looking at a share price of 165 from the 175 upgrade yesterday. Technically this price before the fall was already factored in to the SP. Analysts were expecting another drop...good news scrapping the divi - shows promise. At these levels as well the COB has to be seen as a potential Bid target. I just bought 11500 for my sipp. GLA Id say a buy at these levels.....also as an aside look at laird - in the same boat and had a 20% plus drop recently after 2 previous drops. was back to the same price by the end of the say - and then moved past that within days. At this price im not worried.
Reckon we will see 150 again today It's overdone. I think dividend canceled is a good thing.
Weapons buying back in vogue..
A lot of this, could be from indecision within the business. It's easy to say 'where're going to do this', and don't have a viable, executable plan!
hope the dividend can be maintained, hm not good, this will go even lower over coming weeks. second profit warning shows how difficult is to make business these days.
..has this been maintained?
Well, you warned us......
Quite a few profit warnings being issued for the engineering firms.
Top class? How about criminal class?