Member Info for Marty130

There is no shortage of demand for BAE Systems’ services, with the firm enjoying a record order backlog of almost £78bn, three times its 2024 sales figures, which stood at £28.3bn. For 2025, this figure is forecast to rise to £30bn.

Mr Mould adds: “That sort of visibility may appeal to investors, during these uncertain times, whether the shares have already done well or not. But BAE’s shares now trade at nearly 19 times forward earnings for 2025. That is a premium of more than 30pc to the FTSE 100, so investors are having to pay up for the backlog and visibility of earnings.

“As such, the easy money may have been made by those who bought when ESG investing meant BAE was beyond the pale for many, but the manner in which share price gains and British and European strategic announcements may flush out a bid for Chemring suggests there could still be opportunities for investors to research.”

I read that.

True

With the price dropping rapidly, would indicate Bains' offer may have been withdrawn.

Agreed

Another tree shake today.. Smaller volumes.

Sky said Bain Capital is preparing a second offer, although it is unclear whether it had been submitted to the company's board.

Https://www.thisismoney.co.uk/money/markets/article-14476239/British-defence-giants-ready-war-footing.html

Neither can I. Monday should be revealing.

MMs are struggling to fill order books, presumably.

Do stock buybacks help prevent a company from a hostile takeover?

Yes. But what matters is not the stock coming in the door, it’s the cash going out.

Holding any unused resource makes a company a more attractive takeover target. The acquirer can sell off the unused assets, or use the spare borrowing capacity, to help pay for the takeover.

The buying in of shares makes a takeover easier, by reducing the outlay necessary to buy out the remaining shareholders. But the reduction in assets available to the acquirer—especially that most liquid of assets, cash—more than offsets that effect.

There are indirect effects as well. Shareholders who tender in buybacks are likely to be the least committed to the company, and thus the first to tender to an acquirer and pressure the board to sell. Getting rid of them is good, as is making the remaining shareholders happier.

She's only sold a small portion, she still has a holding of 200,000 plus

Https://www.fool.co.uk/2025/03/04/see-what-10k-invested-in-this-high-flying-ftse-250-defence-stock-1-month-ago-is-worth-now/

Yes.. Your point! The US military forms one of Chemrings largest customer's.

BAE Systems benefited a lot from there US arm.. So will Chemring..

BlackRock have a very successful team, if they invest in a company is a vote of confidence.

Early profit taking has brought the price down.

They won't stop the takeover, the government stands to make a fortune.

They won't stop the takeover, the government stands to make a fortune.

I imagine you are in the ballpark, with 75p.