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Well I left my depot in Cambridgeshire in June..... since then another 30 odd drivers have left at my depot alone... wages are at an all time low.... shift patterns are appalling.... management bullying is prolific. They keep on blabbing about how Stagecoach is one big happy family and giving group hugs... management keep telling drivers they’re making no money.... drivers are driving around in defective busses..... how do I know they’re defective??.... because the dashboard tells the drivers the bus they are driving is defective....and if it’s raining, it’s usually raining in the drivers cab.... if you want a truer picture of stagecoach, visit the indeed site and read the ex employees reviews.... nationwide they’re beginning to have a problem..... as per the union...... useless.... oh and most of my old colleagues have gone to Stagecoach’s competition rather than LGV driving.... I went to first group and loving it...
Would be good to see a move into the 70s , seems stuck at the moment
Give everyone a laugh Moonieman, tell us what your daft app is saying today! Must be @ 9p I reckon, going by it’s past performance.
I’m still on 54p average here and handsome profit taken in the spring! Think you might be right about something at last, I could be next Einstein. Thanks buddy and GL.
Just because they have sold off a few assets to pay down high debt does not make them a well run company.
I think the hgv salary has always been low, the Europeans coming over made it stay low which made more profits for the company. Companies will still make a profit but just a smaller one. They have benefited paying drivers a discounted rate for many years.
I didn't vote for Brexit but I have to admit that Brexit is doing exactly what it was supposed to do; putting power back into the hands of working people. Nobody likes inflation, especially the middle class who want everything for nothing. The Eastern Europeans will not return now they realise the standard of living and job opportunities in their home countries is far better than UK (I lived/worked in Wroclaw, Poland for 3 years and saw it first hand). We will all have to get used to paying a bit extra and if some of that goes to working British people to give them a fighting chance of a comfortable life then we all benefit as a nation.
We have been very short of drivers for quite a few years now ever since they put new drivers wages down so low. I am on £17 pph new staff around 11 or 12 so don't stay as they can earn that stacking shelves in supermarkets. TFL and councils will have to raise the money for companies so that they can raise wages. As a driver I love it as I earn £180 for working a rest day and companies do better too. With already employed staff doing extra work they don't pay out extra for new staff in pensions and holidays.
Surprised it's taken this long to reach mainstream news. The news has been about HGV driver shortages for several weeks now; why should bus drivers be any different?
https://uk.yahoo.com/news/uk-bus-services-cancelled-due-115401606.html
LSE was showing as a O trade, not a UT if I recall.
Buy went through
I mean FGP
It used to be, a bad run company .
You'll see in the next few years it'll a giant of the public transport (both bus and train) company.
Patience is a virtue.
If you didn't do homework why you are here ???
Fgp are a badly run company and the money from that sale won't even wipe out there debt levels
I can't see how any company that is receiving government support can pay out a dividend. That would be like giving tax payers money to share holders.
Some funds are prohibited to invest in shares which don't pay a divi. Stagecoach is a "utility" type stock (I don't mean that in the sense of water etc) then the type of funds which invest likely have this stipulation so I would support a very small divi
My general preference is they M&M theory that a business is better off with my cash if they can generate the right returns
FGP paying about 35-41p in dividend this year....
I can't understand why fgp share are worth more since there in worse financial shape then sgc
Agree, a bit of reasoning as to why it should hit £1 would be useful, otherwise there is no point.
just like most posts hope
what else shall we put on deramp drivvle ?
Anyhow, many thanks for a good natured debate, quite often on these anonymous boards it deteriorates into insults and inaccurate 'quotes' from the past so to have a 'grown up' debate is most refreshing.
practice what you preach lol.
just like most posts hope
what else shall we put on deramp drivvle ?
back o a £1 by xmas nice xmas present gla
Bent is a bit harsh, there are many grey areas in accountancy !
You need an accountant with a bit of imagination if you want to be successful.
As a FD for many years the quality of auditors is very bad, it is easy to pull the wool over the eyes, I know because I've done it.
Maybe some hope returning to public transport companies as rotala has had a good director buy.
I have added a few. Thinks will s l o w l y recover..