Anybody trading in these shares? I just bought some @ 204.72

Deutsche Bank reiterates it's Hold TP reduced from 323p to 260p

UBS retains it's Neutral TP reduced from 295p to 260p

Profit warnings come in 3's don't they? If that's the case then be careful with this one.

I am tempted to buy, but will wait for a while.

Numis Buy Upgrade TP 297p

Looks like 235/6 was the time to get back in.
2517

If you ever got out!

Agree 2517, lets hope we can get back in below 240p on a retracement! H

Would be good sutherlh1, I've done quite well from BBY in the past, and I have been watching them since the profit warning, pays a good divi too. Also been watching MRW and think around 245p-250p as an entry point.
2517

I bought back in @236.5 - albeit fairly small and may add on momentum - as you say George, still a good yield (if held) at this level.

My gut feeling was that around that level BBY was a decent buy, well done skinny, BTW I see HFD got an upgrade today with a TP of 400p.
Also have to say I enjoy your pics on the various threads.
2517

Thanks George.

Ironically 2 of my best trades this year have been HFD and MTC - both (to me) seemed no brainers and both closed too soon!

Contract Win

Balfour Beatty, the global infrastructure group, is pleased to announce that it has been named as best value bidder, as part of a design-build joint venture with Fluor Corporation, to undertake the upgrades and replacements of river crossings in Dallas, Texas. The Texas Department of Transportation's (TxDOT) estimate for the design, construction, utilities and right of way for the project is approximately US$798 (£502) million.

Contract Win

Balfour Beatty, the international infrastructure group, has been awarded a long-term contract to manage and maintain major trunk roads in the South West of Scotland. The contract was awarded by the Scottish Ministers and has a total potential value in excess of £125 million.

Contract Win

Balfour Beatty, the global infrastructure Group, has been selected as preferred bidder to maintain Suffolk's highways in a contract worth £200 million over five years, with the possibility of an extension to 10 years. The decision for awarding the contract remains subject to formal legal procedures.

If approved, it will mean that Balfour Beatty Living Places will be responsible for the design and implementation of highway maintenance and improvement works, winter gritting, street lighting, traffic signals and bridge works throughout the county.

Finally starting to look up.

Contract Win

Balfour Beatty, the international infrastructure group, has been awarded two eight-year contracts with National Grid to upgrade the UK's gas distribution network.

The contracts, valued at £1.2 billion, involve the design and installation of modern polyethylene gas distribution mains to replace aging metal pipes, as part of a programme of work agreed between National Grid and the Health and Safety Executive. The new Gas Distribution Strategic Partnership contracts cover the North West and West Midlands and will replace Balfour Beatty's current gas contract in the North West. Balfour Beatty will invest £55 million of working capital in the contracts.

These contracts build on Balfour Beatty's existing electricity alliance contract with National Grid which involves the ongoing upgrade and refurbishment of the high voltage transmission network owned by National Grid across England and Wales.

Commenting on the announcement, Balfour Beatty Chief Executive, Ian Tyler, said: "National Grid is one of our longest held relationships and we are delighted to continue this partnership.

Great news, but falling share price! why?

Don't know.

Why was there a drop on 8/11/2012?

Was it due to broker projections?

Projected EPS and Yield seem reasonable.

P/E just below 10 and projected below 8 with div of 14-15

Not sure what I am missing.

Holding

Fred - see posts 124 & 129.