Member Info for Jt2020

Has anyone seen Jeremy Grantham interview today?

This has been my thinking for a long time but more recently I've seen more and more instances of the opposite. I hope you are correct as it would mean we r turning a corner.

Too many people are getting emotional when it drops. Look at the days trading. Yet another day of more than 1m more buys than sells. Theres a whale buying up everything. It's being dropped to fill the order.

The news last week wasn't great but if this was sitting at £3 to £3.50 I would be worrying of it dropping but a company with an order book worth 17bn and that's made 202m to date. Yes it won't make 350m for the full year as predicted but its still heavily in profit. Something that can't be said for a lot of other shares on here.

Baring in mind it's market cap is just over 1bn. This is scarily cheap atm. Hence why the directors and whales are buying it up!

Ide love to be bullish. It will go up. Just not as quick as people think. It's not gona fly up in a day. It'll take weeks perhaps a couple months.

Truthfully I don't think this is what has caused this dip. I feel with the overall drop in the market it has allowed a big buyers order to be filled. Wait till after hours and you'll see. I don't think all the people at 198 have sold off. There were 10m + shares bought then. And only 0. 5m have changed hands today.

Hopefully restore some confidence.

I contacted investor relations this morning to get clarity and ask if they were going to announce anything in the short term.

I have a phone call with them at some point this week. But they are not going to give another update until May.

So after a bit of a downer of a day. Do we see the sp falling lower or do we think it has reached its bottom?

I think a lot of stop losses got triggered at £2

Watching this continue to fall despite the volume of buys is becoming very depressing.

I am genuinely considering cutting my losses here, (quite substantial)and just putting it down to bad timing. I did not expect it to drop as far and keep dropping.

There is a lot of negativity about this share but there must be something bigger at play here. I've no idea why the price keeps dropping. Consistently of the last few trading days the buys have outweighed the sells.

https://www.google.com/amp/s/news.sky.com/story/amp/boris-johnson-vows-to-make-uk-foremost-naval-power-in-europe-with-boost-to-defence-budget-12136302

It's just gona take a few weeks until people start to read into things and start putting big money in. It's just being traded atm. I expect a repeat of Friday afternoon.

I agree sage.

There are aspects of the company which could come to light. And not in our favour but as you have said. If he plans a clean slate and to rebuild then for a long term hold. Having a company with over 36k employees with government contracts, esp with a government that always like to keep big companies happy. Then the sp may just hover here for a long time but once the slate is wiped and the company turns the corner we should see good returns.

Tbh I err on the side of optimism that simply the cfo and ceo have already factored in the bad press so to speak now. And come may they may announce BTW. It was nowhere near as bad as we thought. Things are sustainable and covid is on the way out. Here we go.

Well said.
And before I go on some more I want to totally admit I'm invested heavily and I'm by no means a ramper/deramper. I'm a p.i wanting to make money.

If this stock goes down I lose a lot but I won't sell as this will turn a corner.

I've seen comments of this stock is going to 1 pound. If it did you'de have people buying this full company for 500million and making their money back in 2 years then the own a company making 250m profit and they have their original investment back. Crazier things have happened.

But this is an investors (not traders) dream. Put ur money in. Wait a year and watch it double maybe more.

This isn't a retail stock depending on public uptake. Its a solid company with long contracts and one of few in the game at this level.

Plus let's not forget, if at any point any idea of war or bad times start to occur between countries you'll see this head north fast.

I wish everyone invested good luck. And let's hope for a strong opening. If no so be it. Its time to not watch and come back in a few months. Covid will be over by the summer and every company will be recovering and suddenly investors or traders will look at companies that aren't laden with debt and that make money. There far to much hype around retails stocks at the moment for this to recover to levels like pre covid. Once that subsides then it is lift off.

Final point is this. Everyone is talking about a stock market crash. Typically defense stocks do well in a crash as gov plug money into the companies to get the economy moving. And if a crash happens let's think how much further this will fall. Not a lot. 30% max with a 300% upside.

Anyway. I hope that helps anyone who reads and is unsure if this is a sound investment. Remember it's an investment. Not a trade. U won't see much higher returns that 10-20% for a good few months.

i have followed bab**** shares for a while never actually buying any, looking at the numbers and the plan going forward, from this price all looks positive, thats not to say it wont drop another 10% but im willing to take the 10% drop vs a very large upside. some say 200%, personally i dont see that anytime soon.

yesterdays announcement about accounting is not great but i feel that people have read far too much into it. a company this size should be on top of there figures but with all the up and down happening at present its no wonder why they would hold back. i think this is a bold move rather tham promising the world and not delivering i feel the quality investors will slowly feed in at this price and then when decent numbers are announced in may then we will all see a good return.

being realistic from £2.20 a share i can see it slowly creep up over then next few weeks and sit around £2.50 which is still a decent 14% rise. then a major catalyst will take this to £3. possibly more. but i think we have to be realistic that it will swing up and down but this is a massive company, no where near as much debt as most other companys thast sp is going up, they are making money during all of this.

as a side note im happy to be in the defensive sector esp at this time as we could see a lot of friction arise in the coming months.

What do you mean by this?

I don't know if anyone else is having the same issue. But I cannot seem to buy any more shares on trading 212. It lines up the order then it disappears.

Thank you sensetalka.
I'm always willing to take on anyone's guidance and I very much appreciate it.

I have a small holding now but I'm wondering whether to increase this. What I don't want to do is have cash sitting when it could be invested. However, if this retraces then it gives me a chance to average down. But I genuinely am wondering if it will retrace.

I have taken a quick scan through the documents and links.

It definetely looks to be the future in the medium term. However the net zero target of 2035 does seem a long way away.

I take it everyone here is buying now to basically sit on these share for a good 10+ years?

After the quick exponential uplift from 4p to 11p, I lm unsure if it would continue to grow as fast or am I wrong in saying that?

This company from the face of it seems to have good fundamentals. But realistically where do we see this heading.