George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video 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.
Looks quite good at first read..
Think this has the ability to surprise...
Solid progress and happy to wait for the finals and div...
Very good spindok.....like your humour !! I'm almost in profit now but a long term holder here.
Hardly any buys come along and then loads come at once..
Added some more today.. Pays a dividend too..
Happy to hold this share. Continuing to add ..
When is a bus not a bus? When it is a train replacement. Should need lots of those soon with nobody to shut the doors..
Being able to use cards is a major step forward. All the oldies have bus passes but it is the paying passengers companies need to attract. The concession fare is too low on its own. Bus companies have taken too long to address the fares issue. Swipe cards could have been issued years ago. Apart from London they have been slow to change preferring that funny stuff called money. Having been in the industry for a few years it has been clear there are to many bus enthusiast's running companies because they just love them. What is needed is hard business people with one purpose. Profit. That why I have taken a small position here.
Invested £600,000 in a new ticketing system across its whole West Midlands and Worcestershire network. The deal with UK-based company Ticketer will see new ticket machines equipped with the latest technology go live on vehicles from 23rd April 2017. The investment means that Diamond can now offer passengers a range of new features. From a passenger's perspective the principal initial advantage will be Contactless Payment, offering the customer a more convenient way to pay, less time purchasing a ticket, and so enabling better bus time keeping. It is believed that Rotala is the first operator in the West Midlands area to be able to offer contactless payment on a network-wide basis. In due course, in coordination with Transport for the West Midlands ("TfWM"), Real Time Information ("RTI") will be passed from the new ticket machines to TfWM's RTI road infrastructure. In the near future the same RTI will be available to passengers through Rotala's own mobile app and website. From the business perspective the new ticket machines are equipped with the latest in tracking and communications technology; live location and status feeds for each vehicle will be reported back to depot traffic offices. This feature will enable the company to report delays much more accurately to customers and liaise more easily with drivers to identify and rectify problems. Tickets will also be printed with individual QR codes. The QR codes will be scanned when boarding a bus and are unique to each ticket. This will significantly reduce the risk of fraudulent ticket abuse, a perennial management problem for any bus operator. Simon Dunn, Chief Executive of Diamond Bus parent company Rotala Plc, said "I am really pleased with the progress we are making in Diamond Bus. This investment of £600,000 in new ticket machines, with all the benefits that brings to both customers and the business, is a clear demonstration of our determination to further improve the service we deliver to our passengers."
The rns was very positive so have taken a small position. These are very hard to buy in quantity. Will add again at some point.
results - 64p nav. Highlights · Profit before taxation up 12% to £1.055 million (2013: £0.946 million) on marginally lower revenues · Interim dividend increased by 18% to 0.65p per share (2013: 0.55p) · Strong balance sheet with net assets per share up 8% at 69p per share (2013: 64p) · Marginal improvement in earnings per share at 2.41p (2013: 2.40p) after moving to a standard tax charge · Fuel costs fully hedged for the whole of 2014 and 2015 · Improving cash flow and anticipated lower levels of capital expenditure will enable enhancement of earnings per share through share buy-back programme
monitoring this atn...slow burn it seems
600k shares offloaded by someone today....looking.v interesting!!!
Top Director Buys Rotala (ROL) Director name: Mr John Gunn Amount purchased: 250,000 @ 43.00p Value: £107,500
Rotala announced that the acquisition would enable the company to expand and consolidate its position in the areas of Worcestershire, which were contiguous to its main areas of operation in the Birmingham conurbation. By integrating the acquired depots into its current depot network, it stated that it would be able to take advantage of operating efficiencies generated by the acquisition.
Rotala has acquired certain of First Group's bus operations in Worcestershire for a cash consideration of 1.5m pounds, according to a trading update posted on Thursday. The company will acquire two freehold depots, one in Kidderminster and the other in Redditch, 36 vehicles, and various items of plant and equipment and will continue to run the services that First currently operates from these depots. The Kidderminster depot comprises a site of two acres which can accommodate up to 60 vehicles, while the Redditch depot, built about 35 years ago, can accommodate about 50 vehicles. In the year ending June 30th 2012, the depots reported combined revenues of approximately £5.2m and an operating loss of £0.27m. They employ about 120 staff collectively.
Rotala Buy 24-Jan-13 £107,500.00 John Gunn 250,000 @ 43.00p
Good news
Banking Facilities and Substantial Transaction Rotala plc is pleased to announce that it has entered into a revised suite of banking facilities with its principal bankers. The new facilities, totalling £11m, replace the Company's existing facilities with that bank of approximately £5.2 million. These enhanced facilities will support Rotala's aim of continuing to grow both organically and by acquisition. Approximately £1.8 million of the facility will immediately be used to finance the acquisition of the freehold interest in a depot presently leased by the group in the Bristol area. This depot, at St. Andrews Road, Avonmouth, BS11 9HS, is being acquired from Silverton Investments Limited for a consideration of £1.8 million.
Final audited results for the year ended 30 November 2011 Highlights · Growth in turnover of 26% to £56.1 million (2010: £44.6 million) · Profit before taxation up 14% to £1.88 million (2010: £1.65 million) · Basic earnings per share up 24% to 6.22 pence (2010: 5.00 pence) · Net cash flows from operating activities of £6.66 million (2010: £5.84 million) · EBITDA to debt ratio 2.4 times (2010: 3.1 times) · Final proposed dividend of 0.80 pence per share (2010: 0.60 pence), making 1.20 pence for the year, a rise of 33%
Pre-close statement Rotala is pleased to announce the following update about trading for the year ended 30 November 2011 and prospects for the current year ending 30 November 2012. · Full results for the year ended 30 November 2011 are expected to be broadly in line with management expectations. These results will be released in March 2012. · Trading for the current year has started well and is in line with budget. Whilst, as anticipated in our half year announcement, local authority transport budgets have continued to be under pressure, we are encouraged by the developments in our commercial bus operations so far this year. Much activity is also taking place in the private bus network market at this time. In this type of business we are one of the leading operators in the country and the Company expects to continue to win appreciable new business in this area. There are also a number of other significant developments which should be drawn to the attention of shareholders:.............................. See rest of RNS