ranaweeram
- 10 Sep 2003 18:30
Fred1new
- 04 Mar 2010 11:12
- 20 of 424
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
hjs
- 04 Mar 2010 13:26
- 21 of 424
Fred
fingers crossed...
up 8 today and some good writeup in the press tomorrow should push this to 300.
Fred1new
- 16 Mar 2010 13:58
- 22 of 424
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.
Fred1new
- 27 Mar 2010 17:04
- 23 of 424
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
===============================

2517GEORGE
- 27 Mar 2010 18:17
- 24 of 424
Doing very well Fred, one of my picks for 2010 @ 258.5p, looking for 350p.
2517
2517GEORGE
- 29 Mar 2010 09:42
- 25 of 424
Another contract.
2517
2517GEORGE
- 29 Mar 2010 09:46
- 26 of 424
Make that two.
2517
skinny
- 07 Apr 2010 12:12
- 27 of 424
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.
Fred1new
- 07 Apr 2010 13:32
- 28 of 424
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)
Fred1new
- 09 Apr 2010 09:15
- 29 of 424
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
skinny
- 13 Apr 2010 07:25
- 30 of 424
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.
skinny
- 19 Apr 2010 07:54
- 31 of 424
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.
skinny
- 22 Apr 2010 09:12
- 32 of 424
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.
Fred1new
- 22 Apr 2010 09:24
- 33 of 424
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?
skinny
- 23 Apr 2010 07:40
- 34 of 424
BALFOUR BEATTY TO EXPAND US MILITARY
FAMILY HOUSING PROJECT AT FORT CARSON
Balfour Beatty, the international infrastructure group, announces today that its
Fort Carson military housing PPP project in Colorado has received approximately
US$100 million (GBP65 million) in funding from the U.S. Department of the Army
for an expansion phase covering the development and construction of additional
homes and amenities.
Balfour Beatty Communities took responsibility for family housing at Fort Carson
in 2003. In this new expansion phase, it will oversee the design, construction
and overall management, maintenance and operational responsibilities for the new
housing units, which are due for completion in 2013. Balfour Beatty
Construction US will carry out the construction of the new homes.
skinny
- 23 Apr 2010 08:33
- 35 of 424
Balfour Beatty's Mansell wins 65m Kensington housing contract
Business Financial Newswire
Infrastructure group Balfour Beatty's construction services business Mansell has won a 65m design and build contract to redevelop Wornington Green Estate, London, for Kensington Housing Trust.
Mansell will build 324 high-quality homes and provide improved facilities and open space as part of the overall Wornington Green regeneration scheme.
More than half - 55% - of the homes will be for affordable allocation and the rest for open market sale.
Construction work will begin in Autumn 2010 with completion in 2014.
skinny
- 26 Apr 2010 07:58
- 36 of 424
Disposal
TIDMBBY
RNS Number : 7311K
Balfour Beatty PLC
26 April 2010
?
BALFOUR BEATTY COMPLETES THE SALE OF INTERESTS IN
TWO UK PPP CONCESSIONS
Balfour Beatty, the international infrastructure group, announces that it has
completed the sale of:
(i) its entire 50% interest in Aberdeen Environmental Services (Holdings)
Limited ("AES") to Kelda Non-Reg Holdco Limited ("Kelda"), an affiliate of Kelda
Water Services Limited being the other shareholder of AES; and
(ii) a 23.9% interest in Consort Healthcare (ERI) Holdings Limited ("ERI")
to ERI Holdings Limited being the other shareholder of ERI and wholly-owned by
Barclays Integrated Infrastructure Fund ("Barclays"), for an aggregate
consideration of c.GBP24.1 million.
Kelda and ERI Holdings Limited purchased the interests in AES and ERI
respectively by exercising their rights of pre-emption which were triggered by
the agreement between Balfour Beatty and AMP Capital Investors Limited ("AMP")
dated 4 March 2010 to sell the 50% interest in AES and the 23.9% interest in ERI
for an aggregate consideration of GBP24.3 million. The difference in
consideration to that agreed with AMP is due to a distribution of c.GBP0.2
million paid by ERI to Balfour Beatty on 5 March 2010 in respect of the 23.9%
shareholding acquired by ERI Holdings Limited, an affiliate of Barclays.
The disposals will generate an aggregated profit of c.GBP21 million.
ENDS
skinny
- 04 May 2010 07:56
- 37 of 424
Re: Contracts
TIDMBBY
RNS Number : 2175L
Balfour Beatty PLC
04 May 2010
?
BALFOUR BEATTY AWARDED CONTRACTS WORTH UP TO
GBP248 MILLION BY NETWORK RAIL
Balfour Beatty, the international infrastructure group, announces today that it
has been awarded contracts by Network Rail totalling up to GBP248 million:
a four-year extension to 2014 to Balfour Beatty's existing track renewal
framework contract worth approximately GBP56 million in the first year of the
contract, with a further GBP115 million to be awarded provided agreed targets
are met during the first year of the contract. The contract involves the
delivery of plain line rail and switches and crossings at junctions with
associated signalling, electrification and drainage work for the whole of
Network Rail's South East territory covering the Wessex, Sussex, Kent and Anglia
regions;
a four-year contract worth in excess of GBP50 million for the grinding of
plain line rail across the UK, including the operation and maintenance of six of
Network Rail's fleet of rail grinders;
the GBP27 million Paisley corridor improvement project in Glasgow for the
construction of a new third running line and associated overhead electrification
additions and modifications, as well as the remodelling of a number of approach
lines. The Paisley corridor runs from Gower Street Junction to Arkleston
Junction. This contract is due for completion in 2012.
halifax
- 04 May 2010 14:08
- 38 of 424
no wonder we have such a huge budget deficit with all these contracts being rushed through before the election
skinny
- 12 May 2010 07:06
- 39 of 424
Interim Management Statement.
Trading
Our trading performance in 2010 to date is consistent with our expectations for the year. Our business is performing well, with a number of good contract wins, which has resulted in the order book moving ahead of the 2009 year-end figure of 14.1 billion.