X

Get our occasional Market Report emails

sent straight to your inbox

There’s no charge for this.

Getting latest data loading
X

Request a Call to Trade

In addition to the daily Research emails, I would also like to receive the Accendo Markets Weekly Newsletter and occasional Market Report emails highlighting various trading opportunities.
When you enter your telephone number, we may call or message you occasionally with trading opportunities. You can opt out at any time
Home / Support and Resistance / BBGI Sicav S.A. (BBGI.L) 07-04-20

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

BBGI Sicav S.A. (BBGI.L) 07-04-20

Will BBGI Sicav S.A. (BBGI.L) break the key resistance line this time, or will it retest the 128p support once more? (-23%)?

  • Currently trading at 166.2p, close to the 169p resistance (at time of writing).
  • Will the share price fall to recent support of 128p? (-23%).
  • Check the Accendo website and other news outlets for updates. Trading patterns can be disrupted by company news and world events.
  • Shares -2% from 12-month highs; +29% from 12 month lows.

Latest News

27 Mar:  Colin Maltby, Chairman, bought 9,196 shares within the firm on the 26th March 2020 at a price of 145.00p. This Director currently has 132,000 shares.

30 Aug:  BBGI, the infrastructure company,  posted an increase in net assets within H1, driven by underlying portfolio growth.

18 Jun:  BBGI announced intentions to raise up to £75m through a share placing at a premium. The capital would be earmarked to reduce debt and seek new investments.

13 Jun:  BBGI SICAV built a higher stake in the A1/A6 public private partnership road project in the Holand, investing another £58m.

24 May:  Duncan Ball, Chief Executive Officer, sold 319,000 shares within the firm on the 23rd May 2019 at a price of 155.91p. This Director currently has 430,679 shares.

24 May:  Frank Schramm, Chief Executive Officer, sold 319,000 shares within the firm on the 23rd May 2019 at a price of 155.91p. This Director currently has 418,080 shares.

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

Click to enlarge

This research is produced by Accendo Markets Limited. Research produced and disseminated by Accendo Markets is classified as non-independent research, and is therefore a marketing communication. This investment research has not been prepared in accordance with legal requirements designed to promote its independence and it is not subject to the prohibition on dealing ahead of the dissemination of investment research. This research does not constitute a personal recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.


Accendo Markets considers opinions and information contained within the research to be valid when published, and gives no warranty as to the investments referred to in this material. The income from the investments referred to may go down as well as up, and investors may realise losses on investments. The past performance of a particular investment is not necessarily a guide to its future performance.

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.
.