Babcock Shares yay or nay


They have a good order book, what do people think?

My opinion is average company at a cheap price.

There aren’t many companies in the FTSE 100 that are trading below their March lows. The production delays and dividend cancellation have really rocked the share price but I would expect some recovery once things get back to normal.

Probably less risky overall than leisure and travel firms as they currently have limited visibility of when they will be profitable again whereas I would hope that for Babcock the worst is over.