The Lemon Fool

You used to hear a lot about BBY on the TMF HYP board, and I wonder if its still held by any of our team here still.

"Balfour Beatty, the international infrastructure group, provides a trading update covering the period to 12 December 2016.

The first phase of the Build to Last transformation programme is now nearing completion and has delivered fundamental change to the Group. The business has been simplified and the leadership team strengthened; governance and processes are in place to drive greater transparency and control.

By year end, the Group expects to deliver its phase one self-help targets of £200m cash in: £100m cost out and also to have a positive net cash balance.

Management of legacy issues across the portfolio is proceeding to timetable and remains in line with overall expectations.

Looking to the future, Balfour Beatty continues to win landmark contracts across its chosen markets on terms which reflect the Group's improved governance and controls and its order book has remained stable during the second half of 2016."

Full item here;

http://www.investegate.co.uk/balfour-be ... 00086311R/

Still under reconstruction after a "blue chip crash". It's share price has recovered but no divi yet. I sold all mine except for a small holding in an ISA. Wait and see.

Still under reconstruction after a "blue chip crash". It's share price has recovered but no divi yet. I sold all mine except for a small holding in an ISA. Wait and see.

Dividend was reinstated in August with interim payment of 0.9p. Paid on 2nd December

I bought in 2012 and sold out in 2015.

The £1100 dividend income received was effectively reduced to £300 after taking into account the capital loss on sale.

I still hold Carillion from 2012 and the £2000 dividend income received to date approximates the capital loss on the current share price.

pendas wrote:I bought in 2012 and sold out in 2015.

The £1100 dividend income received was effectively reduced to £300 after taking into account the capital loss on sale.

I still hold Carillion from 2012 and the £2000 dividend income received to date approximates the capital loss on the current share price.

I still hold Carillion as well pendas. I have held BBY in the past too but that was more years ago than I care to remember. I'm looking at topping up CLLN in a couple of months maybe.

Ian.

idpickering wrote:

pendas wrote:I bought in 2012 and sold out in 2015.

The £1100 dividend income received was effectively reduced to £300 after taking into account the capital loss on sale.

I still hold Carillion from 2012 and the £2000 dividend income received to date approximates the capital loss on the current share price.

I still hold Carillion as well pendas. I have held BBY in the past too but that was more years ago than I care to remember. I'm looking at topping up CLLN in a couple of months maybe.

Ian.

In the interests of clarity and openness I can add that OI sold my BBY holdings on 16 Feb 2011 at 350p. THe market seems to like the announcement though. BBY up 2.86% as I type.

Ian.