The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust 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.
Strong results, profits ahead of expectation. Re-rate coming today. Back to 1200p soon IMO.
in Small cap
Hopefully it is some positive results, the market at the moment is touch n go with covid situation
GOG has been re-shuffled to fts all shares now
Hopefully very positive news so this awful day is reversed!
I'm expecting them to be decent given the circumstances.
"Approximately 90 per cent of total Group revenues are generated through contracts where there is no direct revenue risk from changes in passenger demand" Go-Ahead said.
https://www.stockmarketwire.com/article/7090404/Go-Ahead-gets-new-contract-to-September-2021-as-UK-government-extends-rail-funding.html
What is everyone expecting on Thursdays results then?
It's quite clear that the government are happy to support this company through the crisis because they are providing a vital public service. The price is currently around 1/4 of its pre covid value and in normal times this company is a good growth stock. Happy to hold long term without too much worry.
You are probably right to buy at this price. Exactly a year ago these shares would cost you £20.50p per share. Lots of upside especially when the government put some meat on the bones of the management contracts.
but a lot are Govt contracts were payments are guaranteed, so do not see the reason for such a drop here. Loaded a several hundred here and will do more before results
I think the markets are rightfully nervous about the rise in covid cases. Also the emergency assistance from the government isn't as generous as the agreement that expired on Sunday (1.5% as opposed to 2% before). This is still a hold I think. No need to panic over day to day price swings as it's way too cheap under £10 according to these guys:
https://simplywall.st/stocks/gb/transportation/lse-gog/go-ahead-group-shares
Sounds like good news to me, but yet the share price is tanking along with the rest of the FTSE this morning. Looks like a massive FTSE sell off.
Some of you may have been waiting for this:
https://uk.reuters.com/article/idUKASN000CZP
The volume that went through on Friday was remarkably high. 1,130,323 compared to 80,780 the previous day. You have to go back to March, 31st for when a volume anywhere near that was traded - 842,834.
Massive amount of volume in the UT closing auction - 805,602. Plus the two large £1m trades you mentioned, each with a volume of 186,904. Looks like the price dropped to a sufficient level for a lot of pending limit orders to be completed.
Those were some mighty big buys going through close of play today. £5 million and x2 £1million each plus a couple of £100k each, so someone must be confident of the future. Anyone else got thoughts on this?
I've just added a further £20K to my holding here. I've now got £30K of shares. I'm expecting next weeks results to show a profit, albeit reduced. and also paint a positive outlook. I think this stock is currently cheap and in the post covid world, this company has good growth potential.
I was thinking about this the other day. Any funds that are tracking the FTSE 250 will be rebalanced and therefore shares in GOG would be sold. However, presumably, the company would be relegated from the FTSE 250 into another index such as the FTSE Small Cap. So any funds that are tracking the FTSE Small Cap would also rebalance and therefore buy GOG shares.
If it’s an investments company policy to only speculate on the FTSE 250 then they will have to upsticks, so possibly could have an adverse effect.
Since they removed the Link, it is reported in a few outlets, the they will be exiting FTSE 250, “This is Money” , “Proactive investors” being two.
where did u hear it
Is the demotion from the FTSE 250 likely to have any effect on the share price?
End of this month.
When is this share reshuffling from FTSE 250 I read it somewhere this will be out of FTSE 250 in September?