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Hi Chaps, if anyone is citing current weakness in price on EU's decision, BAE's main markets are the UK and USA, Saudi Arabia along with Australia and India... the latter two growing quickly through the threat of China. THe following link provides the top 10 orders https://executivebiz.com/articles/what-are-the-top-10-bae-systems-government-contracts/
EU and Trump are no different. Trump got pilloried by the EU for saying America First. EU has been practicing these policies for a long time through ... agricultural and more recently content of EV cars and now defence. The only difference is they don't say it openly like Trump.
Rheinmetal_fan, how dare you refer to me as "poor old Clueless". That is a personal slight and there is no place for such insults on this forum. I was simply commenting on AgentB's Mar 6th 9:36 post and my response to the content of that was reasonable. I do not for one second believe that the UK would be materially excluded from any Europe v Russia conflict.
In an unusual intervention urging the Prime Minister to increase defence spending to 2.5% of gdp. Increased government spending on defence is inevitable in the current climate.
BAE has a massive order book and in the current climate is going to be very busy indeed. I see a lot more value coming our way from a top notch company. I’ve increased my holding this week and taken advantage of the slight dip.
Stating the obvious there… Guardian shouldn’t be publishing anything like this - not a fan of the Saudis by a long shot but it does us no favours. Bad enough the Palestinian brigade is protesting at BAE sites - should be banned outright and sympathisers jailed. French and Yanks know how to deal with this kind of scum.
First, this refers to something that hapenned 5 or more years ago, second markets are pretty flat accross Europe in advance of the jobless figures due to be released in USA. Third, a 1.5% change in share price is not out of the ordinary or unusual. Really not sure what point you are trying to make.
If you listened to the State of the Union address, you would have heard Mr Biden comment on the importance of NATO. I am not convinced that Mr Biden will be returned and investors need to be prepared for the return of Mr Trump. In the event of Trump re-elected, NATO is in a very perilous place. The UK has a big problem now with numbers of trained forces at worrying level, ships that are being mothballed and a defence budget that needs to be boosted substantially.
Realistic levels of funding for NATO currently should be in the region of 2% GDP. If US is removed, then this will have to increase to at least 2.4%. This level of funding maintains things as they are and does not address the decline in combat readiness. Increase the spend to 2.7% and it begins to nibble back to have a defence that is more appropriate to todays geopolitical climate and at 2.8% it will start to provide some future proofing.
Seems to me very sensible to strengthen portfolio holdings that are doing well adding when there are down days.
Https://www.theguardian.com/world/2024/mar/08/mod-paid-millions-into-saudi-account-amid-bae-corruption-scandal
No sh*t. What good is this to anyone?
I've added another tranche of shares to a SIPP today. Time will determine the wisdom or folly.
It's the ethical left wing warriors that find investing in something so dirty as an arms manufacturer, until their freedoms are taken away
Rheinmetal- The US and the UK would never turn down $ or £ if the EU wanted the military kit
AgentB, the Daily Mail has a reputation of whipping up emotion for those whose political opinion seems to be slightly right of Attila with its sniping comments that have some truth but conveniently omit facts that provide a complete picture. Modern warfare as we have seen in every battle and war since the end of WW2 has been with conventional weaponry.
During this time there has been much standardisation, particularly where callibres are concerned. NATO has the supply chain that is not reliant on one manufacturer or country but accross many countries and defence suppliers. Whether we like it or not, NATO is not completely dependent on the USA nor is it completely capable of providing defence without USA. Rheinmetal, BAE Systems, Babc0ck, Thales, Lockheed, Qinetiq, Boeing and many others spring to mind.
Canada, Italy, UK, Australia, Finland, Sweden, Norway and the Netherlands supply the US with some of their defence needs - there is a global reliance on each other, and that has helped preserve peaceful times for the vast majority of the developed world for decades.
Remember when Airbus threatened to cancel contracts with BAe as a result of Brexit and then had to backtrack when it turned out that we had watertight patents for the production of the wings?
AgentB, doesn't Europe think it needs UK at all in the event of a Russia conflict against Europe ?!!! I find this extraordinary if it doesn't. Has Europe forgotten 1939-1945 ?!!
It makes more sense for EU countries to secure the best weaponry they can to defend their nations. Protectionism just makes everyone worse off.
Time to invest in broomsticks instead. I understand that’s how Ursula van der Leyen equipped the German military while she was head of the Defence Ministry. Good to see the most incompetent politicians failing upwards, leading us all to the brink of WW3!
The European Union has threatened to cut off weapons to the UK and keep arms within the bloc - in new plans announced to prepare for a potential conflict with Russia.
The EU's industry commissioner Thierry Breton announced the overhaul to the bloc's military strategy yesterday, saying that the union had to look after itself in a 'security crisis'.
The plans would also see EU countries forced to limit the amount of weapons they could buy from UK-based firms, including BAE systems, if they wanted to receive extra funds from the bloc's budget allocation.
https://www.dailymail.co.uk/news/article-13161869/EU-cut-Britain-weapon-supply-war-Putin-russia-ukraine.html
November 5th this year will be pivotal – either way the share price will rocket. Whether Trump wins or not, the SP should skirt around the £15 mark at the very least. I don't see why not – BAE has an immaculate balance sheet, huge, steady backlog of orders... every precursor for success is evident. Personally, this is a LTH, a SP of £20 is not far off in my opinion.
Shareholders seem to be in a bit of a "Goldilocks" situation where the share price is rising steadily and without any staccato movement. For me, this is just the way I like things, but at some point things will probably flatten off. We know that the company cannot fall into foreign hands from the Government's golden share and we also know that the primary role of Government is sovereign security.
My reading of the prospects for BAE are to see the shares continue to climb in reflection of the support that is being provided to Ukraine through the replacement of arms used and the requirement for sufficient munitions should the UK need to defend our territories or assist NATO members.
I am also mindful that should Mr Trump return to office, NATO will need to step up spending on defence not just on weapons and infrastructure but more importantly in basic combat trained personnel. Broker opinion seems locked on having BAE on their buy lists where most analyst target price seems to have been reached already.
The share chart for the last 5 years seem to betray that momentum is with us and 1400p is not out of the question over the next few months to align with the research from JP Morgan Cazanove. I cannot pretend for a moment to have a target price that will induce me to sell and I remain happy to buy at current prices.
I appreciate the discussion, not sure this is the right forum. My opinion, yes.
Anyone invested in what's termed 'unethical' stocks can't really comment, yes we're making gains from the misery in this world, ever has been the case. When you have strong willed people with different views at the top, insistent that theirs is the correct view, peace in this world is very fragile. Only by balancing arms on both (all) sides can we hope for a form of peace, hence investing in security in this form.
I write only because personally I'm here for investment views, not politics or discussions on other investments unless there's a link.
Alas-Smith, "Sadly, I find your post disturbing in that it is somewhat incendiary, certainly political and lacking in humanity."
I'm sorry you find my post disturbing, etc .., but I do have humanity - I do state my concern - but what can I really do about it, eg Protest and rant on the streets ?
My intention is not incendiary, but simply to state things as they are. Hamas started this current situation on Oct 7 last year. Yes, c.1,200 living in Israel were killed by them and hundreds more taken hostage. Hamas are the stated government of the Gaza peoples and their responsibility is to them. By Nov it was obvious to everyone that Israel would agressively pursue the policies that Netanyahu wants and that many Palestinians would die. I accept that you have more knowledge about the cultures in that area, as you lived there, but there are accepted principles for living that apply to all cultures. Hamas has effectively left it's own people to be slaughtered by the IDF as Hamas should have surrendered early on in order to save their 'own' people. What would a parent do to save their own child ? I cannot understand tbh how the IDF have killed so many Palestians because they have a very advanced military capability with great accuracy, etc... The reported unnecesary shootings by the IDF begars belief. I have some military training and no way would I shoot to kill the way the IDF has.
US VP Harris's call for an immediate ceasefire in Gaza and Israeli 'opposition' leader Gantz going to Washington DC for meetings this week is a veiled threat to Netanyahu that the US can become much more active re Gaza if it wants to. Netanyahu is destroying the goodwill towards Israelis everywhere.
I have NO INTENTION to be incendiary or lack Humanity. Yes, my post is Political, but I write as I see things and have no intention to offend.
Sadly, I find your post disturbing in that it is somewhat incendiary, certainly political and lacking in humanity.
NATO these days is reactionary and has a supportive role. That has been so for about 40 years.
Ukraine is the focus where European supplies are badly needed for Sovereign protection. It allplies to ALL European defences that are providing aid to that country. Palestine, Gaza, Israel conflict has potential for expansion which South Yemeni rebels are exploiting.
Having lived in Aden and attending school there during the troubles from 1964-66, subject to curfew and armed guard, the current footage of towns and environs show that little has changed physically. Rebels then only differ these days in the technology and weaponry. Mountains provide myriad of opportunity for isolated units.
Peace is always fragile wherever there is extreme wealth and extreme poverty.
For some reason, all my Capital letters were changed to lower case when I posted my last post, also probably this post. As a stickler for grammar and spelling, it is very annoying. Does someone know how to fix this please ?
i'm glad to be making gains from ba., especially from the actions of uncivilised thugs like the houthis who can't take responsibility for their own actions (see the sky post below), but i am very concerned for the innocent people of gaza. hamas should all surrender, and should have done last nov when it was obvious that thousands of ordinary gaza citizens would die, but it is evident that they are cowards and do not care about their own people. it is curious that none of the main media have said the latter !! the usa should also tell the israelis that usa are taking over and deliver food, etc..., and destroy hamas and their tunnels in a much lower mortality way. biden is so weak !! i am not ****** against the israelis but if a god (if there is one at all !!) still assigns the 'promised people' tag to the israeli nation then we all have a lot more to worry about for when we die !! netanyahu has destroyed the goodwill of israel and israelis will be viewed negatively for generations to come. has any western nation even sanctioned imports to them from israel ?!!
"houthis: 'sunak can recover sunken ship if he gets aid into gaza'
a senior houthi leader says he holds rishi sunak responsible for the sinking of the rubymar cargo ship.
mohammed ali al houthi said the prime minister has "a chance recover the rubymar" by allowing aid trucks into gaza."