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

Bought and sold for the second time, each time netting 25 profit. Will buy again at 205.1

you guys expecting it to get over 220p? it keeps droping back once it gets there doesnt it to about 200p or just a tad higher.

Just sold for 222.27. Will buy back at 204.49. Current net profit after 3 rounds of trade is a whopping 100.49 (net profit margin 19%)out of an initial investment 521.36 over 81 days. Wish all my other shares behaves the same. Manoj

Shorted at 240.5 only to see BBY breaking the recent resistance level.

I bet this will break 275 by April 2004

From the Blue Index blog

[B]Upside Stateside for Balfour Beatty[/B]
May 21st, 2009

Along with nearly everything else, construction firms have taken a hammering during the Credit Crunch, with axed contracts, delays and in some cases non-payment.

UK engineering and construction group Balfour Beatty (BBY) have proved to be a rather remarkable exception to the rule, and this morning the group announced its US building business has won several contracts worth a total of up to USD560m. Balfour Beatty has been selected as part of a joint venture to manage the construction of a USD1.2bn hospital in Dallas, Texas, to work as construction manager for the new USD80mn Perot Museum of Nature and Science in Dallas, and in Kansas the US Army Corps of Engineers have selected Balfour Beatty to provide pre-construction and construction work for a replacement hospital at Fort Riley, with an option for further construction services which is expected to be given in September.

Full transcript here
http://blog.blueindex.co.uk/2009/05/upside-stateside-for-balfour-beatty/

Balfour Beatty wins US deals worth $449m
Business Financial Newswire
Construction giant Balfour Beatty has won $449m of new contracts in the US states of Virginia, South Carolina, Georgia, Texas and North Carolina.

In Virginia, Heery International has been awarded its second United States Air Force Multiple Award Task Order Contract (MATOC), for the complete renovation of Langley Air Force Base's Hospital to an outpatient clinic.

Located in Hampton, the $44 million design and build contract is being co-ordinated through the Fort Worth District of the U.S. Army Corps of Engineers.

Balfour Beatty Construction US has won three contracts also from the US Army Corps of Engineers, Fort Worth District.

The US$40m MATOC at Fort Jackson in South Carolina involves the renovation and replacement of 300,000 square feet of existing barracks.

At Fort Benning in Georgia, Balfour Beatty has won the US$40m MATOC for the design and construction of new barracks to support Army infantry troops.

At Lackland Air Force Base in San Antonio, Texas, where Balfour Beatty Communities manages the family housing on base, Balfour Beatty Construction has won a US$48m contract to provide construction management and general contracting services for a new dormitory to house 1,200 airmen.

Balfour Beatty Construction US has won a number of other contracts recently.

Also in Texas, it has secured the US$60m design and build contract for the Hays County Government Complex, located in San Marcos, which includes the construction of new courts and administration buildings and associated infrastructure.

The company has also been awarded US$150 million of work to provide general contracting services on the almost one million square foot Las Colinas Entertainment Center located in Irving, Texas.

In North Carolina, it has won a US$42m design and build contract for the New Elementary and Middle School Complex in Fort Bragg from the Department of Defense, Education Association.

Balfour Beatty Construction is also working for the North Carolina Central University in Raleigh to build their new US$25m school of nursing.

The closing for Rights Issue is 22 Oct 11a.m

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