I’m up for it.Don’t get me started on shares! I am invested in lots and have traded loads but the current market is shot. If you want to be added to an investors WA group let me know.
Interesting. Why are you avoiding dividend stocks out of interest?
Shares for most of the large defence companies have bounced around quite a bit in the last few years, and BAE is no exception; they may have room for growth on the back of the projects you mention, but past performance in that sector has been hampered by engineering and political baggage. Will a stable 5 year government improve things?Having spent the last 31 years working for BAE SYSTEMS (Defence) in some pretty senior procurement roles ( but now retired) , I would be looking to buy more shares in BAES. They are winning an awful lot of new business just now across all sectors (Air, Land and Sea) and much more to come on the back of the F35 fighter aircraft programme through Lockheed Martin, Type45 and Type26 ships...plus more orders for Typhoon coming, then certainly one to watch! But just my view by the way. Others may have a different opinion.
You sound like you’re well informed to me and I agree with your views. Im also in capital preservation mode. What’s your views on the current economic state of play, central bank intervention, Fed repo etcDividend payout ratios are at a record high (not just since the last crisis but in general). A lot of corporates have been undertaking share buyback programmes funded by debt issuance (101: bad idea). Corporates need all the cash they can have to pay down debt, not finance dividend payouts to maintain high share prices and having management options in-the-money.
VOD is a perfect example of a reasonably levered stock with high dividends realizing it needed to cut dividends to sate debt repayment - its share price has halved in 18 months. Its dividend yield is still high because of the massive share price drop since cutting the dividend!
Any company that's not especially asset rich (for receovery proceeds/securing debt) should not be above a 2.5x EBITDA/Debt ratio, at the very most.
We are in capital preservation mode.
IMHO they should have never tried all this apparently clever quantitive easing and printing money mullarkey. Maybe once or twice in severe extreme cases and for not as much. It certainly shouldn't be a blase common regular tool to use every fiv minutes.As far as I’m concerned the minute the Fed tries to normalise its monetary policy this whole thing falls apart.....globally- like Nov 2018!
Seems some bast4rd has done $4700 on the Mrs credit card overnight. Usual stuff, Xbox etc.
A pox on them.
Agreed, once, extraordinary emergency money policy- has become standard practice.IMHO they should have never tried all this apparently clever quantitive easing and printing money mullarkey. Maybe once or twice in severe extreme cases and for not as much. It certainly shouldn't be a blase common regular tool to use every fiv minutes.
Whose bright idea was it? What did they think was going to happen long term if they kept using it?
They should have just let the pain ensue and let the market correct itself.
Sorry to hear that. I'm guessing the cc company will deal with it correctly?
Any ideas on how or where the card might have been compromised?
I think it will and a Govt who actually sees the need for defence spending unlike some other political parties I could mention. Right now It's been recommended as a 'buy' stock by several city analysts.Shares for most of the large defence companies have bounced around quite a bit in the last few years, and BAE is no exception; they may have room for growth on the back of the projects you mention, but past performance in that sector has been hampered by engineering and political baggage. Will a stable 5 year government improve things?
PH