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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
ive topped up, lagging the industry and the industry itself is still at all time lows.
Extremely good value at this price.
Thanks good information
- Divs - they used to and will do again, as it's stable business excluding covid just like insurance, banking. Not great for growth normally but constant cashflow so divs are good.
- Debt - no this isn't being written off what has been and continues to happen is that the government are saying to transport companies you have to run services, but with footfall down they are giving them grants to cover the loss in revenue. So no debt aren't being wiped, if the gov wasn't providing these grants then debt would be increasing due to a reduction in cashflow. Summary, it's fair to say debt is neutral through covid which wouldn't be anything special had the share price NOT gone from 150p to 34p....
Plz any one confirm is it true all stagecoach debt written off from government.
Allso does stagecoach pays dividends?
Infact it's still profiable because of the government support despite the lockdown.
Infact it's still profiable because of the government support despite the lockdown.