RE: BAE/Competitor - Think about it from a different angle!26 Jan 2023 09:29
If BAe PE is 15, then i would suggest that it would be willing to pay a PE 0f 10 to get rid of a prime competitor ie HARL from winning future defence contracts. I believe that the delayed contracts from last year will easily put HARL at a break even point this coming financial year. FSS margin on revenue will be pure profit.