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Babcock International Group (BAB)

Posted: April 13th, 2021, 1:06 pm
by Bouleversee
Despite today's rise of over 37% (last time I looked) I am still losing a huge percentage of my purchase costs in both ISA and non-ISA accounts. I don't know whether to cut my losses on at least the non-ISA account or hang on a bit longer. I don't think I want to bed and ISA the non-ISA holding. I gather they have sacked a lot of employees but I don't know how much difference that will make. Does anyone have any views as to the recovery prospects of this company? All my large losses have been in this type of company.

Re: Babcock International Group (BAB)

Posted: April 13th, 2021, 1:14 pm
by dealtn

Babcock International Group (BAB)

Posted: July 31st, 2021, 9:04 pm
by Bouleversee
Does anyone else hold this company, which goes from bad to worse, and does anyone think it is ever going to recover at all after Friday's l6% plus drop (or is it downward from here onwards? I have 2 holdings ( one in ISA) and am losing over £10k at current price, nearly twice as much as current value.

Am debating whether to bed and ISA the dealing acct. holding but I suspect there would be no benefit, other than to offset gains if other dealing acct. shares were sold and that would be of no benefit if the ISA shares continued to fall.