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Mulder - quite the most ridiculous argument and nothing to do with the merits of owning share in this company. If you want to live in a cotton wool world, please do so. I am actually rather grateful for the defence afforded to me when commuting to school in Aden with armed guards on the bus in the 1960's. Yes, came under fire once in 2 years but a girl was killed when a grenade was thrown into the cinema during a screening of Bambi - only saw the first 10 minutes so no idea what happened after that.
You carry on in a fantasy world where everyone is nice and kind and gentle, makes finding shares a little tricky to find as more likely than not some child is exploited, farmland ravaged, big holes dug in the ground or animals are exposed to chemicals
Reader61, I suspect current pullback is to take some profits and reallocate to Oil and Gas, Airplane Travel and Gold/Resources stocks as these latter three seem to be trending higher now.
Pressure is mounting on UK and Europe to spend more on Defence per Sky News article today, recent commentaries on being in a "pre-war status" and Putin's continued and escalating anti-NATO rhetoric.
Crikey Mulder, or maybe I should say Crimey Mulder ? So being invested here, and in other stocks connected with weaponry capable of killing humans (maybe kitchen knives, hammers, baseball bats ?!!) is the Perfect Crime !! Maybe also Tobacco stocks for the slow death ?!! Thank you Mulder, never thought I'd find the Perfect Crime !!
Hopeyou have your nuclear bunker ready ?!!
Sliding today because Mulder sold all six of his shares.
What it means is each and every one of you invested here are morally corrupt and complicit in murder and genocide. Blood money.
Any thoughts, I believed we would be on the ramp towards divvy date, instead a near 2% fall today?
Whilst I agree with the sentiment Mulder, I also agree with Alas_Smith. My question to you, why are you here if you feel that way? I could make money with say Chinese stocks but don't I choose not to invest there because I don't agree with their world take over view.
Whether you like it or not, the primary duty of a Government is to ensure the protection of its citizens, lands and borders. Defence.
Frankly it doesn't matter to me what a company does provided that it is a good investment. You are probably going to be on a hiding to nothing with your comment. If you can explain why BAE is a poor investment I would be delighted to learn and might discover information that I may have missed in my research on the investment case to own shares in this company.
Mind boggling. Profiting from wars, the murder and killing of others.
Oddly enough, there is argument to use the simplest of technical analysis to provide clue on future share price direction and set limits and targets. If using this approach, probably a good starting point is the 12 month chart.
As far as I can tell it has been not only heading northwards, but, from the low in July was in a pretty rough trend with sharp movements to the up and downside. This was bounded by 2 parallel lines, but earlier this month, the upper band seems to have been broken. The share price is climbing at a decent pave without the sharp movements.
I’ve no idea what target price could be, so would look at the 5 year chart for inspiration. Well, that is not much help as we are pushing new boundaries. The 5 year chart does show the trend to be up and showing no sign of falling. I’d go with that until something changes, probably politically.
EVOSTI, what you do depends on your circumstances and what your perceived opportunity cost is. I have significant BAB and RR so have already sold some BAE (bought at 400p in Oct2020) and bought some other stocks which I feel will double within 3 years.
So if you have no other Defence type stocks, perceive enough growth for BAE over next few years v other perceived opportunities, don't need the cash for other things, then I'd certainly hold and maybe buy more if no other perceived better opportunities.
I've given a Strong Buy also !!
Here's one way to look at it: profits are expected to improve. The freecashflow yield on BA is 6.8%, which is greater than the risk-free rate of 5.2%.
Run your profits and cut your losses. Of course, this is not investment advice but it is never wrong to take money off the table from time to time. Besides, a profit that is banked is real, whereas a paper one is at the mercy of the market.
There is a more compelling case to buy shares in BAE than there is to sell them at the moment based on the committments that Governments around the world have made to defence spending. I had hoped that now, in the 21st century that countries would not engage in war and that the only reason for a defence policy and arms was in response to terrorism and isolated events. Naive of me as Ukraine, Gaza and Haiti demonstrate to the world.
Hold, unless you need the money. Otherwise, wait and watch – this will double within 4 years.
I up 168% with BAE ,do I sell or hold?
It is clear that the bridging finance used to fund the BAE purchase of Ball will have been at higher rates than the 5.00-5.50 for the "new " money , successfully getting the offer away will be a positive for BAE. At those levels a few basis points saved are worth quite a lot . In addition the positive signal of being able to raise that sum illustrates the debt market's confidence (which I share).
In other news "OZ" has confirmed today that BAE will build the AUKUS subs and work has been committed in SA and WA and funding includes £2.4bn between BAE and RR in the UK. See
https://uk.investing.com/news/stock-market-news/australia-earmarks-billions-for-naval-infrastructure-as-bae-wins-aukus-submarine-work-3394992
FWIW, although I am at the end of my working life and at the point when journalists and others of influence suggest a 60/40 portfolio of bonds/equities, my portfolio remains firmly aligned with 100% exposure to equities.
Since there is no expiry date in my birth certificate and I fully expect to last for the next 30 years, there is absolutely no reason why my portfolio should not target capital growth and with my risk at HIGH, a potentially greater return can be expected.
Unless a bond is priced to yield at least 13.25%, from a blue chip, I am not interested. Could I be tempted at 9%? No. What about 6%? Well, plenty of funds will want that sort of return.
Thanks for the quick reply , not sure weather to dive in now or wait for a dip ! Anybody got any opinion on RTX corp
19 Mar 2024, 03:07 AM IST
(Bloomberg) -- UK defense company BAE Systems Plc is sounding out investors for a corporate bond sale that could top $4 billion to help refinance a bridge loan it used to acquire Ball Aerospace, according to people familiar with the matter.
The firm agreed to buy Ball Aerospace in August in a $5.6 billion deal as a way to reach into space, a frontier the company predicts will become increasingly important in warfare. It marked the biggest purchase in the firm’s history. The final size of the bond offering will be determined on the day of the sale.
The bond sale will refinance a $4 billion facility taken out by the company in August. It’s the latest in a slew of deals earmarked for mergers and acquisition financings after the worst year in a decade for buyout funding.
BAE Systems and Bank of America Corp., which coordinated investor calls for the sale Monday, did not immediately reply to requests for comment.
https://www.livemint.com/news/bae-systems-eyes-at-least-4-billion-to-fund-ball-aerospace-purchase-11710797857178.html
You have hit the nail on the head Nondeplume - the Saudi's now have all the cards in their hands. Let us in on future aircraft or we might go elsewhere. A situation which may never have arisen if the Germans had not banned the sale of parts to build new aircraft. So we wait for the Typhoon order but if the Rafaele also get's in that is still a blow to BAe who considered Saudi as a home market.
45% over one year, and is in constant climb mode; should exceed analysts predictions. "The 19 analysts offering 12 month price targets for BAE Systems plc have a median target of 1,360.00, with a high estimate of 1,450.00 and a low estimate of 1,180.00. The median estimate represents a 4.21% increase from the last price of 1,305.00."
The Germans have lifted the embargo on sale of Typhoons to the Saudis. However, while the Germans were debating this, the French jumped in and offered the Rafaele [ Macron made a personal approach]. As DB pointed out it is still up in the air. Once again DB makes a valid point that the Saudis want a more active role/participation in the future projects. Depending on the how the current consortium of UK, German and Italy [Typhoon] and future consortium of UK, Japan and Italy [Tempest] react to this demand, I believe this will not only effect the sale of the 48 Typhoon but also future Tempest orders.
Can someone please tell me the position of the Typhoon sale to the Saudi's , am i right in thinking the German's have now OK'ed the sale.
Many Thanks
BP
Totally agree about FOMO.
Good to see Bae closed above £13. RR struggling with £4, needs some new impetus before heading to £4.20+ and RM just around 4% away from Eur500, which might prove a barrier for now.
Wednesday UK CPI might provide a small boost if inflation falls, however, looks like all Central Banks [BoE, FED & ECB] unlikely to cut before June. Are we due a sideways or minor correction move?