The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register 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.
Thank you both, genuinely appreciate the reasoned and rational responses (one thing I miss from this board).
I do have a stable job thankfully so I’m not depending on this money to live, but it is of considerable value.
It’s good to hear they are stable, but I do wonder why they are struggling so much to make it profitable with all the revenue growth and new contract wins. Seems that they need a CRO to analyse their pricing model, revenue is vanity and profit is sanity after all.
Just be careful trying to chase losses, mate. More likely to lose another 50% of what you have left, rather than get back to where you were, if you try and achieve it quickly. Whatever you decide, I hope it works out. GLA.
As with all trading, only trade what you can afford to lose, if you have other income and are comfortable, then sure, keep going if its right for you, but dont make yourself homeless over it, 1/3 of something is better than 1 of nothing. chin up.
in regards to mobico, their most recent results shows revenues up, and FCF is flat-ish, so its not like they are losing money hand over fist, just kind of treading water right now.
due to this, its unlikely there will be any dilution because of various reasons, 1 being the cosmens and their substantial holding.
i like most others are deep underwater here, but i believe it will come back good, but we're looking at 18 months minimum really when interest rates start coming down, before the debt is re-financed. they also bought a company on the canaries which completed yesterday, altho it was signed end last year.
if you bought at this price. it could very easily, and quickly get back to 80-90p, which would cover a large amount of your losses, but as LWHL mentions, take a breath and consider your position before jumping in.
Thank you it absolutely does.
I am currently at about a third of my original investment so that’s why I am trying to find something to enable me to recoup that. Sadly I don’t think an ETF or savings account would give me that luxury which is why I’m looking to find something that’s genuinely undervalued.
I’ve dug this grave and need to find a way out of it. As I say, I’ve been here before with this very stock which is why I thought it’s time may be coming due. As you can tell though, I’m not the best judge it seems despite trying to do all the necessary DD.
Sorry to hear that. The markets can be a tough place.
But if you cannot afford to make another investment mistake, then why not skip it altogether? Or plump for one of the global ETF's perhaps?
Some of the government bonds have a reasonable yield at the moment. Do you have any debt? Depending on the interest rates you are paying, reducing this or paying it off entirely, might be something else to consider.
Also, you do not sound like you are enjoying the stock market stuff, so another reason to perhaps take a step back for a bit.
None of the above is investment advice of course, your money, your choice, DYOR etc...but your post comes across as somewhat pained. I hope my post comes across in the sincere manner that it is intended.
I’ve not been here for a while, having been a massive bull on this stock. I went away and recovered my losses elsewhere, but then lost them all again ☹️
Clearly I’m not a good investor and so I really need some help, particularly from people who remember me from old.
I still have a soft spot for Mobico, but I’ve lost touch a little. If I buy in now then it would be almost like I’d never left as I need this to more than double to get back my original investment, but I’ve learnt that the market hates me and this is more likely to halve again. I just wanted some reassurance around potential dilution (given that this keeps reporting an operating profit, but then posts a loss before tax) where are they finding the money to cover these losses? Also with the continued revenue growth, realistically where do people think the price could head to? What’s the route to get there?
I can’t afford to make another mistake. Thanks in advance, hopefully I’ll be around a bit more again soon.
Markets reacting well to fed speech across the pond. Don't see any reason why we can't hit 60p+ tommorow. Mr Garat is probably hoping to as his on borrowed time !
Mary
I think Powell probably has sleepless nights when he sees Biden´s borrowing needs !!!
It is all a joke, if it wasn't so serious.... in the sense that they cant sell the ever increasing debt needs unless they give a decent Yield on it as a result of the inflation worries, ..
mom and pop savers now needed to buy the Bills so that they can get their pension paid back to them lol
yeah.... Middle East passed the worst , one hopes, although the Huti´s are still being a menace to shipping
ATB
FED Powell - breathless nonsense - walking a line that the markets will interpret to suit their agenda. Likely 1 / no rate cuts as has been known for a while.
Middle East tensions easing so the spike in oil is easing and the 2% target delayed. It will happen but in 2025 instead.
The to and fro is just extended. Rise to 92p (NA sale news) fall to 53p - ebb flo.
70p soon.
They're far from gone, only reduced 0.5 to 0.47.
I think the share price is hanging on what the FED Powell has to say ...later on ... shorts who may well be hedging on inflation expectations may well react to any kind of hawkish words or suggestions
This is kind of old news ...was first reported back in Sep 2023 ....the final completion happening now
Company wont report the acquisition until it formally goes through
was reported to be around 70-80m euro at that time ..
https://www.eleconomista.es/transportes-turismo/noticias/12450105/09/23/alsa-ultima-la-adquisicion-del-grupo-canario-1844-por-cerca-de-80-millones.html
Purchase figure and structure seems to be a mystery. Remember seeing 3rd party report around £60m/£70m. A £6m deposit probably supports that too.
Do we know how much we paid for it
Saw National Express bus on the motorway yesterday with 'Book with Uber' plastered over it. I did not know this was available. Must be a good thing.
I still believe in the business, it was unfortunate that all bad news + poor management + delayed result brought us to this stage. I guess this acquisition news offers hope to others.
Only a matter of time Lara. Us long suffering faithful will get rewarded in the end!
Paddyboy1
I strongly support your thoughts. It’s just a matter of time.
People look back now & wish they'd bought RR @ 40p a couple of years back. In a few years people will say who was lucky enough to buy MCG shares at 55p!
Hardly the actions of a company on it's knees as some would like you to believe!
Https://www.mobicogroup.com/media/news-releases/2024/alsa-acquires-grupo-1844-in-the-canary-islands/
Looks like that shower that joined the other day thought better of it. I'd expect this to follow similar trajectory to DOCs over next few weeks unless any big news! Drop the clanger, hammered by shorts for a fast buck then steadily back up again!
Shorts reduce from 2.70 to 2.20 so not huge but a reduction nontheless.
Exactly, a few pence just to get it back where it was a week ago is nothing to post about.
Read the annual report, that will keep everyone quiet for a while ;) all the info you need is in there!