Investors Chronicle article worth a read. 'IC TIP: Buy at 590.6p'
@RogueRiver, thanks for posting the link.
'Defence contractor Bab**** (BAB) could be on the verge of a real recovery having come through a cycle of earnings downgrades. The company’s combined order book and pipeline has reached its highest ever level and the group is also moving into new markets like Canada and Norway. We believe you should buy the shares. '
Do you have access to the whole article?
Doni - also sorry to hear you sold at a loss. Good luck to you going forwards. With a full order book and finance in place for many years to come I'm holding for long term dividend return same as Gerry65.
No-one likes to see the value of their investments go down. However, Bab**** has gone up by 8.88% in a week and by 23.62% over the last three months and to be honest with you, I don't see how the content of your posts fits in with this. Surely you'd see that it was going in the right direction and at that rate of increase you would soon recoup your 'losses'?
Even if your 'recent investment' was made a year ago you would be 15.24% down and so would have had to invest in excess of £340,000 to be n your position, which is unlikely for someone who is 'not a seasoned investor'.
And no, I don't think that making a loss gives you the right to make continual negative posts which read as though they're trying to drive the price down. This would be counterproductive for both yourself and other investors whom you profess to wish well.
People who continually knock a share are likely to want the price to go down, either because they are trying to trade between a range, get a lower buy in price or because they are short. Investors who are holding will usually want the price to go up and so tend not to make sweeping negative comments on a regular basis.
??????
Up 1.69% today.
Would you not also be pleased for yourself if you are wrong? Good luck with your strategy, whatever it is.
Yesterday's close price was 517.80. The price when you posted was 524.60 ie It would seem to have been 1.3% up when you posted.
Your observation of 12th Sept that Bab**** is a 'great company' is correct. Have faith in why you invested. Shares go up and down in value, so it might well go down tomorrow. Who knows? Fundamentals are key and this share will come good over time. Enjoy the 5.64% dividend and hold if you're able to.
Good to see a 'buy' broker rating today.
Bab**** up 2.67%. Not sure what you're looking at.
'Share prices tend to be more volatile in low volume trading so that smallish trades can cause disproportionate moves.'
Yet looking at the mining sector within UK Industry Sectors there seem to be many examples of low volume trading today where the share price has not moved disproportionately.
Genuinely sorry for your loss, Gurkie. Still think that Fortune's intervention was really important for turning things around today, so he should be applauded for that. If and when you have the funds, stick them in BMN asap because you will do very well as this is going places, IMHO. Good luck going forwards.
@princeofdarkness, I like your analogy. The trouble is that it looks like Mum is going to put on some kind of fuzzy version of Corrie and Eastenders combined, which no-one voted for and is virtually unwatchable for at least 10 years .