The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
missing from the RNS listings here, there was another RNS at 10:57 this morning....
https://www2.trustnet.com/Investments/Article.aspx?id=20201120105704H0154
looks like the Chairman picked up 3000 more shares, not sure if this was part of a pre-agreed remuneration or what
I can shine a bit of light on this area. In the Manchester area, there are 2 main operators. First Group operate in the Manchester, Oldham, Bury area. Manchester City Centre both First & Sgc are active, and in Stockport, Stagecoach is the main operator with 98% of us services. Hope this throws a bit of light on proceedings.
Yep, potentially less revenue and therefore profit but undoubtedly less risk. And with Govt and Local Authorities assisting to build public transport up, particularly bus, it could make the future more stable for Operators. I just don’t think it’s the worst thing in the current climate.
clearly the Pandemic has brought the realisation that the marginally profitable franchising model is preferable to the hugely unknown future of commercial operations. Potential profits (albeit slightly smaller) which are known up front regardless of passenger numbers is not a bad shout particularly if Local authorities are going to invest in service infrastructure and provide greater support in general to operators.
SGC in London were flying prior to the Pandemic and this will no doubt end up a very similar model!
IMO!
When do you think we will find out about if stagecoach gets the contracts for Dubai or sweden ?
People buy for the future not the now. Tesla has a PE ratio of something crazy like 1000, it was a loss making company last year. If you know investing, the SP doesn’t wait for everything to be perfect until it goes up. That’s why we’re not at 35p anymore. That announcement reduced risk.
IMO I can’t see it taking 24-36 months if vaccine trajectory continues as it is. We know the companies are planning to apply to government within weeks, unsure how long approval will take but government literally bought Moderna vaccine the same day of the announcement, they’re not going to sit on their hands. Full distribution may take months, but if the vulnerable are vaccinated first, restrictions can be eased and then it’s just about cases coming down and continuing vaccinations for total normality. Maybe this entire thing will take 12 months, but again the SP will react to reduced uncertainty/risk along the way.
The half year results will confirm what everyone should already know. Breaking even on local bus services with small profit on additional contracts.
This is defo a long term hold for me and now reckon at least 24-36 months before we see it back to pre covid SP. Managed to get average down when it was 38p and at last I’m now in profit but defo not considering selling.
As the vaccine is rolled out and govt advice changes to “public transport is now safe” the passengers and revenue will return, it had already returned to 60% from just 10% before restrictions came back in, and that was when the advice was stay off public transport!
Recent trading update confirmed the war chest is still there and there will be opportunities to grow in both the U.K. and overseas. Don’t forget we’re currently shortlisted for Dubai and Sweden contracts.
GLA!
Some real fantasy dreamers posting on here at the moment.... all trying to ramp this up overnight, forget the government funding, this just keeps the cogs moving... actual revenue is down and backsides on seats is down..... on Sunday I took £6.50 for a 11.5hr shift other drivers had similar takings....... Employees are still being made redundant....... this is a long term investment....if you think otherwise you’re in cuckoo land..... I expect another drop by end of year..... long term I expect plus £1+... all the cack about doubling your money in a week or two some of you will, most will lose it on something else.... most see yourselves as big time investors..... some see you as no more than gamblers...
"The Scottish Government has put in place financial support packages that will help bus operators to maintain and increase essential services"
https://www.transport.gov.scot/public-transport/buses/covid-19-support-grant/
"Government extends coronavirus support for buses and trams, total funding tops £700 million"
https://www.gov.uk/government/news/government-extends-coronavirus-support-for-buses-and-trams-total-funding-tops-700-million
Nice one, yeah the figures are going to look awful after we come out of lockdown, even half of Scotland is in lockdown now. Nobody on the buses.
am just glad am not looking at massive loses now and theres more positive news in the market. Am gonna sell some stuff to free up some cash
Just wish i could have bought more, but all my spare cash is tied up in other stock. Am coming close to being in profit on all my stock again except cineworld
Why is this technology controversial? I would argue that if it has gone through the normal testing process and been approved for use, then it is by definition not experimental anymore.
It's risen 20% over the last five days and is nearly 50% up over the month. Not a bad performance at all.
Why is this not rising as fast as the others?
Any red flags coming up?
Cash above market cap, Liquidity twice MCAP
Vaccine news obviously helping but still miles from the highs, AZK vaccine news to come could push these to higher higher and higher floors
to add to that we are lagging go-ahead, FGP and NEX today substantially.
Resistance has to break soon.
The whole travel sector has risen fast in the recent weeks is still rising. SGC still has a lot of catching up to do.
All beaten down sectors are performing magnificently. SGC could be a pound by the end of the year.
Both vaccines are based on the controversial mRNA technology. A lot of people I'm talking to are seriously concerned about taking a new (experimental?) vaccine. These are not your typical anti-vaxxers either.
Another vaccine announcement which has started the other battered shares off but left us at only 2% up which I assume is because the UK hasn’t already bought doses. Well, the UK can buy doses the company has said and it sounds like an easier vaccine logistically. Still more to announce soon (the others won’t want Pfizer and moderna to steal all the limelight) and approvals. Only possible fly in the ointment I see is an extension to lockdown, but it has been reported R rate is closing in on 1 and I think the govt will not want to break promise and ruin Christmas economy if R rate at 1.
Certainly was, £ 9K profit taken this week. Dont get may like that in such a short time. Wasn`t expecting such a rise on vaccine news so will keep remaining shares long term.
I am all for that
Same again next week, please.
Interim Earnings Release due on 09/12/20