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I have a buy order in at 72p to add to my holding - gla
dyor etc
Looks like it's on the way back down. Double dip recession coming.
I Work for Stagecoache we have been informed that bus support is now in place till July so can’t see dividends happening in 2021
I bought in here at 70p and watched the price go all the way down and up again. I am going to wait until the dividend is reinstated even if it takes a couple of years.
Any guesses when the dividend will be back?
good luck all
Couldn’t decide between Stagecoach, First Group and National Express a few months back, so I bought all 3. Won’t be selling any of them any time soon. Not expecting dividends, and topped up on SGC since original purchase. Really like this share, and expect in 6 months it will have moved onwards and upwards.
Thanks
Dipped in a small amount for now will add some more on any dips .
Sgc has not jumped up as much as nex & gog % wise so hopefully will get there
Primetime51 I work for them in SE London. TFL contracts so we don't get paid by the passengers but TFL itself by winning the tenders which means passenger numbers don't matter so much. As far as I know our regional garages are still being helped by government grants, maybe a member of staff from one of them can confirm this. Now the vaccines are out it's all a matter of patience waiting for things to return back to normal.
Hi tweedledee
Are SGC still running there bus service in londn scotland ect is the gov still oicking up some of the tab ? Thanks as i am thinking of putting some money in
Yes castle 2012 I agree with you. I have worked for them as a bus driver for 20 years come October and filled my boots up with these and have an average of 59p. Come summer I would expect to see at least 100pc profit. Happy days
Don't let us stop you selling if that's what you want to do
I'm surprised no one has commented on today's news that NEX have suspended all national coach services...
https://www.bbc.co.uk/news/business-55576567
Market reaction? Share price goes up. On a long term view, I'm a fan of both NEX and SGC but c'mon there is no way the current share prices reflect today's business environment. People will say that the market is forward looking and values where SGC will be in 6 months time with full vaccine rollout. I'd say this discounts a lot of the risks regarding full take up of vaccine, logistics of vaccination, resistant strains of virus, slow return to public transport; not to mention the ongoing financial strain of this second lockdown.
All of these risks are known but what worries me is that the market has completely ignored them. Look at Mitchell & Butler today. That trading update should have knocked at least 20% off the share price but the market hardly flinched. I wont even start on bitcoin, tesla etc. We are in serious bubble territory; time to get into cash.
I had first group but thats a dog of a share with little going for it. Stage couch is pritty safe with goverment funding to keep the buses going.
For me the vaccine has put a floor on this share and that floor is just below 70p - anything below and I will be adding - as soon as the death numbers start to decrease this share will fly imo - my target is 100p by 1st May
gla dyor etc
Bought mine at 38p wish i had bought more, but got my fingers brunt with being a large amount in one go with cineworld. I manage to top up my stage coach.
This is my best performing stock at the moment if the price lowers am topping up more.
I think we need lockdown to give the vaccaine a chance to get rolled out while keeping the infection rate under control
Can see this head to mid 60 for a month or so.... Sucks was hoping for the country to be getting back on their feet and into the bus seat by now.
Another lockdown and this new South African varient might delay vaccination great .
When will we get out of this mess
I was so close to seeing 100% on this stock, but I decided to sell when I first saw the news about Scotland. I wasn't expecting a hard nationwide lockdown this soon and I think the price might fall a bit more before stabilising. I'll definitely buy back in once the case numbers start falling.
Scotland just announced a lockdown from midnight tonight - this will undoubtable affect this share and pull it south - I am looking to add on the dips - losing a few quid atm but looking long term here - vaccine announcements coming thick and fast now - I am expecting a good recovery to around a pound once we get back to normality - gla and dyor etc
wise words @Matty282 , i'm with you that by summer should be in a good position, just working out the current months potential
In the last lockdown the SP was 38.08p at the start and 73.5p at the end, so I’m going to go with 142p.
In all seriousness though, the ever looming knowledge of normality by April to June area should protect the SP from any notable downward move in my opinion.
looks like a potential for another lockdown, which is a change of the governments tune from December :/
with this in mind what price could this be for January/February 2021?
Vaccine roll out and desperate UK gov will force the country to move from March time when the furlough scheme runs out.
Company is here for the long haul and a better return of investment than a savings account.