The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Put £5k on at 43.7 about six weeks ago and had been a little annoyed ever since, but good to see that it's hopefully going to pay off.
Absolute steal here after that update
I’m new to Stagecoach that update was really positive first tranche of 23k at 44 should of got in earlier but would expect to make a decent profit over the next 6 months
.... The company is valued at 230m, and the pension gap has come down approx the same amount. This is now really undervalued... I think we should zoom last 55p over the coming couple ofweeks.
Great news, can it drag us past 50p??
......and London back to previous years profitability
Got to push us past 50p those results as they are in great shape
Excellent, confirms what most of us thinking and perhaps even better TBH.
Actually in a slightly stronger position than July in spite of messaging re public transport.
All good, close to 50p today IMO and further recovery inevitable. gla.
Well that was pretty upbeat and I think as good as e good have hoped for in the current climate, seems the ship is on a steady course at the moment, and the last section regarding pensions sounds a little better than it previously did.... "funding deficit to be substantially lower" and it sound sliek they have a plan in place to cover that over the long term.
Happy enough with that, shouldn't see any knee jerk drop as with previous releases.
you think the government still going to keep paying out indefinetly ! .. .... as for funds into lloyds savings account .. lol .. i do well enough from what i trade thank you
Just watched a video by Sir Brian Souter.... uploaded today.... very last thing he says..... “we’re not making money at the moment”
here in cumbria , people are not on buses , they just are not, they are mostly empty ,the main routes are even lucky if they have 2 passengers on , and the next (mini) partial lockdown hasnt happened yet
42p nearly
FOMO kicking in or has something leaked about the results due tomorrow??
Back to 40p, tomorrows report must be pretty stronger, big guys potentially got wind of whats in it.
Next stop 50p
At my depot they are back to about 45% to 50% pre Covid other depots under same management not so good... some new contracts have been taken on..... personally I’d say things are on the up.... driver jobs are being advertised around the country not just London...
Would be good if they said they havent used any of the 800mln war chest and theyre reinstating the dividend. LOL
yep
interesting recovery play here
part of critical infrastructure
Yes. Click on 'SGC Share News' icon on top of this page. Click on the latest news item for 'next 7 days' news; see Friday.
We will obviously get a good steer when Fridays trading update is due but I would expect it to be much the same as last NEX update and look how Their SP has done since!
I think the burning question here is have we seen the low now at circa 33p or are we just seeing a little bounce before dipping back in to the low 30's again or even 30 flat.
I bought in where i thought was ok, but immediately find myself 20-25% down, so i need to consider the topup/avg down option.
I believe the recruitment you have seen would be for East London, where Stagecoach has been performing extremely well and have won several routes. Its a shame that the company outside of London is struggling having to only run 70% of its services with a reduced number of passengers. I still think right now is a brilliant time to invest into Stagecoach. Give it a couple weeks we will see plenty days closing in blue.
Agree DC thing do look precarious at the moment and earnings have dropped off a cliff, after all SGC is supporting the Governments messaging re social distancing and have reduced capacities while operating normal service levels in exchange for funding to break even. Exactly the same with NEX and GOG uk operations.( I have more invested in NEX than here by the way)
SGC cash piles could last to eternity under the current agreements, not quite the same for NEX who in their last trading statement were very open about 60% of their ALSA and some N America revenue being at risk.
However when the virus is under control and the messaging changes revenues will steadily increase, tho not initially to pre covid levels. Therefore SGC, NEX and GOG will cut operations to suit, they will not operate services that are not profitable.
all of the current covid concerns are factored into their current SPs , all will easily survive this and all may even be stronger after this. There will be opportunities for all 3 (and FGP) to grow in the fallout of the pandemic with many smaller operators unfortunately not surviving.
IMO there is little risk at this current SP and any risk is far outweighed by the potential upside. Same for NEX and GOG!
If we stuck to Company fundamentals and balance sheets this investing would be easy eh?!
The probability of bust isn't high SuperJ. But their earnings look fragile for as far as we can see. The cash on hand is good, but much less than half the £800m you mention ( these are their undrawn facilities). If earnings continue to fall off the cliff, how long will their cash pile last before they have to tap equity markets, or otherwise restructure the capital? Companies can only go so long without their main source of revenue before the owners might need to take a haircut. Things here look more precarious than GOG, with NEX looking far stronger than both.
I notice via the indeed website that Stagecoach has now started advertising for new driver jobs.... So maybe things are starting to turn for the better.... only time will tell...
Aargh, you have found me out Moonman!
Going round in circles here but I will make the point once more and hopefully you will understand my viewpoint.
I only Invest and visit BBs I am genuinely interested in and can see a potential upside, therefore I admit that I am always positive on my posts.
I cannot understand why folk take the time to visit and post on BBs when they see no upside, are not invested and are therefore negative? Unless of course they wrongly assume they can affect the opinion of other investors therefore the SP.
I just don't buy into the balanced view is great rhetoric! And that seems to be the general opinion on most BBs.