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

anyone following these? seem like good valu as an investment. Any views appreciated.

contract wins good news

http://moneyam.uk-wire.com/cgi-bin/articles/200912230701405953E.html

I thought this share had broken up and hold a few. I think worth a ponder although retrace today,

Present price about 275 and have a stop loss of 260p. Target price approx 380p


Has a yield of about 5% Covered 2+ PE 10.3

Fundamentals and projections seem reasonable BDYOH.



It has done quiet a few new deals over recent weeks.


12 January 2010


BALFOUR BEATTY AWARDED AMP 5 CONTRACTS

WORTH APPROXIMATELY 600 MILLION


Balfour Beatty, the international infrastructure group operating in construction services, professional services, support services and infrastructure investments, announces today that it has been awarded two AMP 5 capital programme contracts worth in the region of 600 million in total:


*

United Utilities has appointed Balfour Beatty for its AMP 5 infrastructure contract. The total value of the five-year contract is likely to be worth in the region of 500 million, covering capital delivery for United Utilities throughout North-West England as part of United Utilities' AMP 5 long-cycle contract.

*

Balfour Beatty has also secured a five-year extension, likely to be worth over 100 million in total, to its existing alliance partnership contract with Anglian Water. The extension is part of the @one Alliance 1 billion AMP 5 programme and covers the whole of Anglian Water's region in the East of England.

Commenting on these awards today, Balfour Beatty Chief Executive, Ian Tyler, said:


"We are delighted to have secured these AMP 5 capital programme contracts. We look forward to working closely with our customers and drawing on our skills and experience to deliver first-class customer service, excellent health and safety management and innovative ways of working."


The scope of the work for United Utilities involves the delivery of clean water and wastewater major projects and DG5 flood alleviation schemes.


The extension to the alliance with Anglian Water will add further to Balfour Beatty's already substantial capability in alliance working. The contract comprises design and construct operations, asset and mains renewal, service connections and the repair of sewerage infrastructure.


Both contracts will commence in April 2010.

This was 1 of 4 non AIM stocks I selected for this year, has done well so far (tipped @ 258.5p) but weak today (with the market). Good contract wins and I imagine these will be the first of many. I will look for around 350p sometime this year. Good luck all.
2517

They seem to be doing better and better.

Balfour Beatty reaches financial close on 450m BSF project
Business Financial Newswire
Infrastructure group Balfour Beatty has reached financial close for the 450m Blackburn with Darwen and Bolton Councils Building Schools for the Future programme.

The project involves the delivery of a major capital investment programme over a number of phases.

These comprise the extensive building, remodelling and operation of nine schools in Blackburn with Darwen by 2015 and the building, remodelling and operation of 15 schools, two special educational needs schools and seven pupil referral units in Bolton.

Balfour Beatty chief executive Ian Tyler said: "We are delighted to have reached financial close on this project.

"We look forward to utilising our previous experience, having already worked on nine major UK PPP education projects, to create new, first-class, learning environments as well as facilities that will be available to the whole community including leisure, learning, sports and ICT provision."

Balfour Beatty Education was appointed as preferred bidder for the scheme in October.

Balfour Beatty will invest equity of 2.6m into the 25-year PPP concession for the delivery of the first school, Pleckgate High School, with the potential for a total of up to 20m equity investment in the programme as a whole.

Construction work on Pleckgate High School is due to start imminently.


Story provided by Business Financial Newswire

BBY - OUTLOOK STATEMENT

"Our business has continued to perform well and finished the year with a strong order book of 14.1 billion.
We have created a high-quality business operating across the infrastructure lifecycle, which is uniquely placed in major markets to benefit from the long-term growth in investment in infrastructure.

The breadth of our portfolio, enhanced by the acquisition of Parsons Brinckerhoff, means our business is resilient. In spite of economic uncertainty, we remain confident about the prospects for the Group"

IMHO- this is positive and with cash in hand at 31 Dec 09 has gone up as well. SP will pick up now. Once it passes 300p, it will move very fast to 350.

HJS, Hope your last comment is correct.

I hold some of these and TW.

Sticking my neck out a little.

Increase in yield should help BBY

Fred

fingers crossed...

up 8 today and some good writeup in the press tomorrow should push this to 300.

This share shows no response to good news.

Recently tipped in IC

The below should improve profits, but will it effect the share price?

=================

PARSONS BRINCKERHOFF AWARDED US HIGH-SPEED RAIL CONTRACTS


Balfour Beatty, the international infrastructure group, announces today that Parsons Brinckerhoff (PB), its recently acquired professional services business, has been awarded three new contracts to manage high-speed and intercity passenger rail projects in Illinois, Ohio and Florida.



Commenting today, Balfour Beatty Chief Executive, Ian Tyler, said:



"We are delighted to have won these contracts. Building on PB's several decades of planning and analysis of high-speed rail in the US, and extensive experience of the design and management of high-speed rail projects in Asia, we are now a key player in implementing these important rail projects in the US."



The Illinois Department of Transportation has selected PB as programme manager for the high-speed rail, 284-mile signature route from Chicago to St. Louis, with US$1.1 billion in Federal high-speed rail funding targeted for this project.



The Ohio Department of Transport has selected a PB-led team to provide consultant services for the development of a new intercity passenger rail service on an existing rail freight corridor in the Cleveland-Columbus-Dayton-Cincinnati "3C" corridor, a distance of approximately 250 miles. PB will carry out environmental work for various components and design for the track and capacity improvements. The project has been awarded funding of US$400 million by the Federal Railroad Administration.



In Florida, PB will lead the consulting team selected by the Florida Department of Transportation to undertake the planning and design of a 230-mile high-speed rail line between Orlando and Miami. The project involves preliminary engineering and environmental analysis, which includes recommending the final alignment and train technology to be used.



PB is already leading the programme management team overseeing the implementation, from design to commissioning, of the California High-Speed Rail, an 800-mile-long system serving Sacramento, the San Francisco Bay Area, the Central Valley, Los Angeles, the Inland Empire, Orange County and San Diego. The system will use state-of-the-art electrified trains capable of speeds of up to 220 mph. The majority of the system will be at-grade alongside existing railroads, roads and highways. The project was recently allocated US$2.25 billion in Federal funding, which will help accelerate the building of the system.



This means that PB is managing projects accounting for a combined US$4 billion of the US$8 billion American Recovery and Reinvestment Act (ARRA) high-speed and intercity passenger rail grants awarded by the Federal Government in 2010.



PB has also been selected as one of several consultants for the Southern High-Speed Rail Commission, a three-state authority charged with planning implementation of high-speed rail in Atlanta, New Orleans and Houston.

BBY.

Worth considering.

Fundamentals impress me, with seemingly endless new large contracts.

Bought earlier and followed up after initial movement. My average price of holding is now 279p.

Probably, increase my holding later

I think the ROC will increase and I intend holding for long term unless there is a fall back.
Target price for me at the moment 340+p

16-Mar-10 Citigroup Buy 281.60p 344.00p - Reiteration
16-Mar-10 Finn Cap Buy 281.60p - - Reiteration
05-Mar-10 Citigroup Buy 287.50p 344.00p - Reiteration
===============================

Doing very well Fred, one of my picks for 2010 @ 258.5p, looking for 350p.
2517

Another contract.
2517

Make that two.
2517

Contract win.

Balfour Beatty, the international infrastructure group, announces today that, in joint venture, it has been selected for preconstruction and construction services for Dallas Fort Worth (DFW) International Airport's seven-year Terminal Development Programme.



The project, which is still in design and development, is expected to be worth approximately $900 million.

X-Dividend Interim 21/4/10,

Watch for slight wobble.

Hold S/bets. but have bought a few shares to-day, after dumping Xstrata for a little while.
(Not sure about X)

They are doing well for contracts.


Hope the results are transferred to the bottom line!

Balfour Beatty JV wins Dallas airport contract
Business Financial Newswire
A joint venture which includes infrastructure giant Balfour Beatty has been selected for preconstruction and construction services for Dallas Fort Worth International Airport's seven-year terminal development programme.

The project, which is still in design and development, is expected to be worth approximately $900m.

The joint venture, known as BARC, comprises Balfour Beatty, Azteca Enterprises, H.J. Russell & Co and CARCON Industries.

BARC is planned to be responsible for preconstruction and construction management services for the renovation of terminals A and C and the construction of a rail station to connect future routes, for the Dallas Area Rapid Transit (DART) and the Fort Worth Transportation Authority, to the airport.

Story provided by Business Financial Newswire

BALFOUR BEATTY AWARDED HARTLEPOOL BSF CONTRACT

Balfour Beatty, the international infrastructure group, announces today that it has been awarded the initial scheme of the 95 million Hartlepool Building Schools for the Future (BSF) programme by Hartlepool Borough Council.

The Hartlepool BSF programme involves the rebuilding and replacement of six schools over the next five years. Construction of the initial sample school, Dyke House Sports and Technology College, will begin this summer with completion by Christmas 2011.

BALFOUR BEATTY APPOINTED PREFERRED BIDDER FOR 300 MILLION

EALING BUILDING SCHOOLS FOR THE FUTURE PPP CONTRACT


Balfour Beatty, the international infrastructure group, announces today that it has been appointed as preferred bidder by Ealing Council for their 300 million PPP Building Schools for the Future (BSF) programme.

GAMMON AWARDED GBP353 MILLION AIR CARGO TERMINAL
CONSTRUCTION PROJECT IN HONG KONG

Gammon Construction Limited, a market-leading contractor in Hong Kong in which
Balfour Beatty has a 50% shareholding, has been awarded by Cathay Pacific
Services Ltd, a HK$4.2 billion (GBP353 million) air cargo terminal construction
contract, in joint venture with Hip Hing Construction Co Ltd.

The contract for the new terminal at Hong Kong International Airport, Chek Lap
Kok, will engage a workforce of over 1,000 at the peak of the project's
construction period.

Commenting today Balfour Beatty Chief Executive, Ian Tyler, said:

"We are delighted to have been awarded this contract to enhance Hong Kong's
status as an international airfreight hub. Along with our joint venture
partner, we are committed to the delivery of a terminal of the highest quality,
while maintaining excellent standards of safety."

The new terminal, which is approximately 280,000 square metres, is scheduled for
completion in 2013.

Balfour Beatty has been a major player in the development of Chek Lap Kok
Airport's infrastructure having been responsible, as part of a joint venture,
for the construction of an GBP800 million terminal building completed in 1998,
and the completion in 2004 of the GBP40 million East Hall expansion structures
and departure hall reconfiguration contract, both for the Hong Kong Airport
Authority.

This company has been piling up contracts at home and abroad.

Yet the Share price is not moving very much in response.

I understand the drop back yesterday due to X-Div, but wonder why the movement is sluggish.

Is there an expectancy that some of the British contracts will be torn up after the election in expected cut backs?