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Babcock International

October 2008

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • BAB
  • Price:
  • 598p
Six years after originally being named provisional preferred bidder, defence support services firm Babcock has finally signed a 30 year contract worth a gross £3 bn. with the Royal School of Military Engineering. This public private partnership, which will be delivered by Holdfast Training Services, a joint venture between Babcock and Carillion, involves the provision of training and training support as well as various facilities management services.Babcock's share will be £1.5 bn. over this period,  which  will substantially bolster its order book thereby increasing the robustness of broker forecasts. Continue to hold. ...

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Babcock International - Huge order book for defence services firm (July 2008)
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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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