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Hi Mary, I’ve been following all your comments. Very insightful. I was wondering if you would be able to advise me as to what you use in order to get alerts when a share price falls to desired level to save me checking every 5 mins :).
Also of your portfolio what stock are you most confident in for bounce back/ long term short term gain/ good entry price?!
Hi,
Just looking to know what everyone’s thoughts are on this stock, short term and long term?
Whats your price predictions?
Pros:
Nothing but good news comes out of company
Pays good dividend
Forecast for growth
Main concerns are around:
25% corp tax increase
America and uk may reduce defence spend
Will america bring in any taxes in their budget which will affect BAE going forward
General market bubble
Gbp to exchange rate could go higher.
Whats you guys thoughts. Specifically on the risks above? What price are you aiming for to sell? Whats your hold timeframe? What do you see the share price doing short term?
I called it in my post yesterday with the £4.80 drop. It’s due to still a lot of uncertainty
Div will pay 14p a share in June 2021 so it’s up to decide weather to hold
Cons - larger increased heavy debt.
Pound strengthing against dollar were majority of business is
Rumblings of UK defence budget decrease. As well as inenevitable decrease in US budget after this years contract is finished
2021 forecast from BAE is based on exchange rate of $1.35 when it is actually $1.42 today and expected to rise which would essentially wipe out any profit growth forecast for next year
Seen as a ‘Sin’ stock
What is you guys thoughts on this after results. Results okay but some cons
Cons - larger increased heavy debt.
Pound strengthing against dollar were majority of business is
Rumblings of UK defence budget decrease. As well as inenevitable decrease in US budget after this years contract is finished
2021 forecast from BAE is based on exchange rate of $1.35 when it is actually $1.42 today and expected to rise which would essentially wipe out any profit growth forecast for next year
Whats you thoughts short and long term. I think it will dip slightly maybe about 3% to £4.80 in the next week and then it’s anybody’s guess for the long term based on defence budgets and forex
Not yet. I was waiting to see if there was a dip but I guess I played a dangerous game too close to results time. Doubt there will be any scope to get in prior to results now. And I am looking to get in about £4.50 so unless the share price increase is more to do with expectation then it won’t fall til that level short term as you say. Yesterday was my day to get in. As you say 4.58 was a fine entry point but I waited for the dip to level off (it never did it just shot straight up). Any other time the dip would settle for a while but it never did due to lockdown announcements and expectations of results. Just unlucky with timing...
Hahaa I know! The reason for so many questions is that the market is so volitile. I recently sold Unilever as even this normally stable stock didn’t feel stable and I got out at the right time I believe. Looking to put the funds in to Bae, guess I’m just looking for the optimum time (which looked like yesterday or Monday) to do so! Thanks!
What you guys thinking for the results tomorrow? Better or worse than expected? Are you expecting an instant fall or rise in share price?
Honestly when is the best time to top up if i am going to? Straight away when results are announced or wait for the dip? When does the dip come? Like a week later?
Does lockdown help or hinder Unilever? Isnt consumer goods more in demand in supermarkets at this time? I guess my view is there is something the market doesnt like as it dropped 10% since Q4 update. Presumably there is a lot of investors waiting for the div to be paid to leave next week. I would have hoped for a 5% bounce pre ex div to mitigate the drop that’s coming ex date.