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@ Mulder - Chamberlain said 'Peace in our time", the reality is that the weak will be consumed by the strong (militarily), ever has been the case. Whilst it's great to be pacifist / liberal and turn the other cheek, did that ever stop the school bullies? It certainly didn't to me and I was brought up to believe in diplomacy and turning the other cheek, my father was a sniper in WW2. What I learnt from the school play ground was, there comes a time to square up to bullies (read Putin, XI etc) and now is that time, sadly. We need strong defence companies
Mulder, it's war. What do you expect? People die. Everybody understands the situation is messy, but your take is naive, short-sighted and cynical. BAE are a premier arms manufacturer absolutely essential to our security and defence. Without them, we would be a lot poorer (not just economically), but weaker too, less influential on the global stage, less powerful. The UK needs to be as strong as possible in today's volatile world.
Supplying arms to Israel who use these to kill innocent children and aid workers is fine is it?
😂😂😂😂😂
Don't be ridiculous. Bae sells a product. How that customer uses it is up to them. Like Ford sells a car, or BMW sells a car, doesn't stop someone deliberately mowing someone down on the road does it. Bae has given me a good retirement and hopefully everyone a great future for people employed there going forward
Mulder, just curious, are you a religious person, not trying to start such a detailed discussion here, but though I was 'brought up' a Catholic I wonder now, in my latter years, where is the so-called good, all knowing and compassionate God in all of this Earthly suffering by millions of innocent humans ?
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