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How long more the halt?
Don’t like my money to not work??
Cant seem to find any updates on when results will be reported. Has anyone found any information they wish to share ?
Congrats pitcher, you are thinking along the right lines.
The majority of bus drivers in the UK would wholeheartedly welcome a government run transport system.
I have personally witnessed much corrupt activity within this company, and there is a saying for this,
" A FISH ROTS FROM THE HEAD DOWN "
Wait until the accounts finally arrive, and hope that Thier creative accounting does not extend to COVID funding,and the concessionary fare scheme!!!!!!
A clue for your research. " LOOK TO THE EAST "
GOOD LUCK TO ALL HOLDERS.
What's everyone's take on this. Didnt really move much today and if I'm correct leaves tommorow and friday for trading and then shares will be suspended? Guess it will all depend on the results
Hector Short Prong: Perhaps you could share with us what type of role you hold with SGC? And perhaps a little more information about what you think is 'to come'? All Doom and gloom with no substance, I'm afraid, unless we read more than just negative-sounding waffle. The sp is on the up at a fairly rapid rate, so what makes you think it'll take a turn for the worse? This has surprised a few people now..... especially the disgruntled and greedy who were calling a sub-500 buy in LOL. Those that got in around 550 called it very well
They played with government money....and were overcharging people....
That’s not a good sign. I wouldn’t be surprised if gov wants them down and maybe take over...
cause someone has to run public transport, right...
The government wont let a lawsuit take a company down. If anything it would help reduce the fine with intervention as we need travel in the country and go ahead has a very well run bus service even if did lose some rail travel. With the company now valued just over 270m it could easy be a potential takeover if there was a small fine.
Look at airlines for example and how many times the german government has bailed tui out for example. Same applies here.
How about that ÂŁ73m lawsuit? That could take the whole company down..
Totally agree. Plenty of upside left before the suspension in Jan. Wouldn't be at all surprised to see this above then 7s in next few trading sessions.
And on balance more see upside than do not?
Shares are suspended the start of Jan so I guess people taking a punt. If the financials are stronger then expected then it’s a win, if not a loss. It’s a roll of the dice on this one
This is going up on no news, low volume, they probably still did not do the tax write off.
Any ideas? I would be careful...something is off, but correct me if not, please...
Good day for Go-Ahead today as lots of hedge funders and normal investors like us have realised this share is way under priced.
Even at current price the share price is low compared to where the ftse all share market is as true valuation would put it around 9.40 and that is taking into account the railway business it lost.
Like I said before a good set of guidance and this share will rocket to 9/10. Only thing keeping this down is a bit of fear of the fine which as we all know investors hate fear.
Totally agree. Unless you have viable evidence to suggest the share price will drop why post unless your shorting the stock.
Please share Hector, what’s still to come?
for the record, l do not hold a single share in this company.
I am just trying to forewarn of darker days coming !
Just putting it out there, the saviour of this outfit will not be any of the aforementioned companies,
DYOR, FFS.
The obvious lack of research here is staggering! There is much WORSE to come!!
I know because, I WORK FOR THEM.
1)Has anyone got a view of the worst case fine at the absolute max of 10% and what that calculation means for go ahead? To me as a layman, it is not clear in the guidance, also dont GOG take 66% of this, keolis the rest? Either way any thoughts anyone has on what this is would be interesting to hear.
2) what is the impact of that worst case scenario coming to fruition? impact on balance sheet and financing? Depending on size, is it possible to absorb or would an equity raise be required? I assume not but again depends on size of fine.
I think all the bad news is priced in and the market once again way overreacted with the share price hence the pullback to the 6 pound mark.
A good set of results in Jan and more guidance on the possible fine will see this share rally to the low teens.
I've kept an investment in here will see what happens in the New Year. Hopefully the right decision.
If the fine was 10% of Turnover, which I am sure does not make sense with a 1-2% profit margin contract, bit entertaining that worst outcome would it not be an option to pay in installments? akin to BP Deepwater horizon?
Don't hold your breathe ! They are in a similar position,
I think the value here is now surely we're a takeover target. First Group waiting in the wings!! Although I bought back in yesterday I'm watching the current SP very closely.