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

I was referring to skinny's TW. investment!

Sorry HC. Got your point.

Harry - I think we largely agree, TW are the only builder that I have and they were/are below the 200sma when I bought.

£70 up already! 280p here we come.
Let me know when you are about to dump stock skinny.........not that I am trying to get in ahead of you, but.....!!! ;o)

StockMarketWire.com
Balfour Beatty has sold its 50% interest in the University Hospital of North Durham PPP project and its 100% interest in the Knowsley Building Schools for the Future (BSF) project for a total consideration of £97m, generating total gains on disposal of £51m.

The proceeds from these transactions exceed the directors' valuations by £44m, representing an uplift of 82%. These transactions are in line with Balfour Beatty's strategy to recycle equity invested in its portfolio, and further demonstrate the quality of the investment portfolio and its ability to generate value for shareholders.

The proceeds will be used to invest in new and existing projects, in areas that align with the Group's target geographies and market sectors.

Balfour Beatty turns a huge profit on building schools and hospitals

Closed +16.

So not going to pursue that gap on the chart???

I am - but not yet! :-)

Back with you Harry.

I'm in at 233p and as previously posted, looking for c280p!
Sure hope we can't both be wrong Bb!!! Good Luck!

Contract Win

BALFOUR BEATTY CONSORTIUM APPOINTED PREFERRED BIDDER FOR CIRCA £745M ABERDEEN WESTERN PERIPHERAL ROUTE/BALMEDIE-TIPPERTY PROJECT

Balfour Beatty, the international infrastructure group, announces today that it is part of a consortium which has been selected as preferred bidder for the Aberdeen Western Peripheral Route/Balmedie-Tipperty Project.

The Connect Roads consortium, comprising Balfour Beatty, Carillion and Galliford Try, has been selected as preferred bidder for the design, build, finance and operate (DBFO) contract to deliver the project for Transport Scotland in partnership with Aberdeen City and Aberdeenshire Councils.

Balfour Beatty will invest up to £20 million, which represents a one third share of the sponsor's investment requirement, with Carillion and Galliford Try also investing one third each. The project is being procured under the Scottish Government's Non-Profit Distributing (NPD) model and work is expected to be underway later this year with completion expected in spring 2018.

The project, which is estimated to be in the region of £745 million, includes the design and construction of 46km of new dual carriageway between Stonehaven and Charleston in the south, and Blackdog in the north, and a further 12km of upgraded existing dual carriageway between Blackdog and Tipperty. The contract also includes the construction of 40 kilometres of new side roads, 30 kilometres of access tracks and 72 new structures, including two significant focal point bridges over the rivers Dee and Don.

Construction activities will be conducted by Balfour Beatty's UK construction business, Carillion and Galliford Try in an equal joint venture.

In 2018, once the construction is complete, the trunk road assets will be managed and maintained by Balfour Beatty on behalf of Connect Roads for 30 years.

Balfour Beatty has a strong presence in the transport market across the UK and has significant experience of strategic road improvement contracts in Scotland, including the M77/Glasgow South Orbital DBFO and the M74 completion. Through Scotland TranServ, it is also responsible for the management and maintenance of trunk roads in the south west of Scotland, including the major River Clyde crossings at the Kingston and Erskine bridges.

Steve Marshall, Balfour Beatty Executive Chairman, said: "We are delighted to be appointed preferred bidder with our consortium partners to deliver this major construction contract, the largest NPD project to be undertaken to date. Balfour Beatty has a strong Scottish heritage and together with Transport Scotland and both Aberdeen Councils, we will use our expertise to complete this long-awaited scheme that will provide substantial benefits to the city of Aberdeen and the north east of Scotland. This appointment underlines our commitment to investment in infrastructure in the UK."

ENDS

Hmmmmm......struggling to clear 240p.

Capital Buy 243.50 243.50 - 280.00 Reiterates

Contract Win

BALFOUR BEATTY NAMED SELECTED BIDDER FOR SECOND
HOSPITAL PROJECT IN VANCOUVER, CANADA

Balfour Beatty, the international infrastructure group, announces today that its joint venture has been named selected bidder for two new acute care hospitals in Vancouver, British Columbia, Canada, the company's second major healthcare development in the region this year.

The 30 year PPP project on behalf of the Vancouver Island Health Authority will cover the financing, design, construction, and facilities management for the Campbell River Hospital and Comox Valley Hospital. These new world class acute care centres will help meet the growing and changing healthcare needs of the North Island communities.

Balfour Beatty is expected to invest C$17.2 million (£9.3 million) into the project, which represents 50% of the equity required. Its joint venture partner Graham Group Ltd will undertake the construction and Balfour Beatty will be responsible for the delivery of soft facilities management services. The joint venture is currently working with the Vancouver Island Health Authority to finalise financing and other aspects of the project.

In April 2014, Balfour Beatty announced that as part of the Affinity Partnerships consortium Balfour Beatty Investments had reached financial close on the C$350 million (£196 million) BC Children's & BC Women's Redevelopment Project (Phase 2) in British Columbia, Canada and would be providing finance, construction and facilities management services.

Steve Marshall, Balfour Beatty Executive Chairman, said: "The Canadian healthcare market is a new and growing market for us and we are very pleased to be the selected bidder for our second project there this year. The potential of the North America market is substantial and this latest project is further evidence of how we are combining our financing, development and construction expertise to deliver great value to our clients. We look forward to working closely with the Vancouver Island Health Authority and our joint ventures partners in finalising the financing arrangements and commencing construction."

ENDS

Contract Win

BALFOUR BEATTY'S US CONSTRUCTION BUSINESS AWARDED $156 MILLION DESIGN AND BUILD CONTRACT FOR NATIONAL SCIENCE FOUNDATION HQ

Balfour Beatty announces today that it has been selected to provide design and build services valued at US$156 million (£93 million) to construct a prestigious new headquarters in Arlington, Virginia, USA, for the National Science Foundation.

The National Science Foundation is an independent federal agency that promotes the progress of science, and funds scientific, mathematical and computer science research conducted by colleges and universities across the US.

The Class-A office and retail building in the city of Alexandria has been commissioned by Lowes Enterprises Real Estate Group on behalf of the Foundation. It will consist of two adjoined towers of 14 and 19 storeys and will include ground floor retail space with three levels of below-ground parking. Construction is scheduled to complete in 2017.

Executive Chairman Steve Marshall said: "This appointment is further evidence of a recovering market in the US where we have a good pipeline of work and opportunities. Last year we streamlined the US construction business and established a national capability centre to share best practice to help us maximise opportunities such as this. We look forward to constructing a world class building for the National Science Foundation."

ENDS

Indicators not lookng good, so think I may take small profit and wait for the next wave down.

Contract Win

BALFOUR BEATTY AWARDED £184 MILLION UK MOTORWAY UPGRADE
FOR THE MANCHESTER ORBITAL ROUTE

Balfour Beatty, the international infrastructure group, today announces the award of a £184 million motorway scheme to upgrade a 17 mile stretch of the M60 and M62 to a 'smart motorway'. The upgrade, for the UK Government's Highways Agency, will increase capacity, reduce congestion and shorten journey times for motorists, and employ 1,000 construction workers at its height.

The upgrade is being delivered under the Highways Agency National Major Projects Framework. Balfour Beatty's UK construction business will lead delivery of the scheme through a collaboration agreement with the three other framework delivery partners: Costain, Carillion and a BAM Nuttall Morgan Sindall joint venture. The collaboration agreement will reduce individual contractor risk and encourage knowledge sharing and best practice.

The M60 between junctions 8 and 12 will be upgraded to a controlled motorway with traffic flows managed by technology interventions responsive to the volume of traffic on the network. The M62 between junctions 18 and 20 will become a four-lane, all lane running motorway by adapting the hard shoulder for continuous use and using electronic signs to manage traffic flows.

Construction work, to start in July with completion scheduled for Autumn 2017, will include installing and refurbishing gantries, new static and variable signs, lighting, concrete safety barriers, drainage and surfacing works. Balfour Beatty will employ a public liaison team throughout construction due to the proximity of the scheme to a large concentration of businesses and residents.

Balfour Beatty Executive Chairman, Steve Marshall said: "We have been working with the Highways Agency for twenty years and look forward to building on that successful relationship. This scheme will benefit the 180,000 road users that pass through this section of the motorway network every day. We are committed to lead this project in a collaborative way with our partners, employing local people and businesses in our supply chain."

Financial Close Texas Student Accommodation

BALFOUR BEATTY REACHES FINANCIAL CLOSE ON US$104 MILLION
TEXAS STUDENT ACCOMMODATION PROJECT

Balfour Beatty, the international infrastructure group, announces today that it has reached financial close for phase one of the Texas A&M University student accommodation project valued at US$104 million (£62 million).

Balfour Beatty is integrating its design, construction and investment capabilities to deliver the project. The Investments business will earn a development fee for its participation and the US Construction Services business will provide design and build services.

This is the first of a two phase project with an estimated combined value of US$200 million (£119 million). Phase one of the development at College Station, Texas, will feature 1,274 beds configured in apartment designs, as well as community areas and other amenities for the University's undergraduate population. Construction will commence immediately, with the first students expected to move in during August 2015.

Negotiations on the second phase are expected to be concluded later this year.

Hopefully starting the next wave down. Sub 220p would become interesting again for me.