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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Babcock International

June 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:
  • 834p
Engineering and defence services firm Babcock has announced the acquisition of Weir Strachan and Henshaw (S&H) from Weir Group, 941p, for £65m. S&H is a leading specialist engineering design, project manager and through-life support provider for the defence and nuclear industries with locations in the UK, Australia, Canada and the USA. In the year ended 31 December, it generated revenues of nearly £52m. Major customers include the Atomic Weapons Establishment and British Energy and it also supplies weapon launch systems for all of the UK's submarines as well as those operated by Australia and Spain. This acquisition adds valuable expertise to Babcock's nuclear activities ahead of the much anticipated start of the governm ...

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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.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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