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Bought some under 2 quid today.Bargain
At this price it has to be worth a bit of a go. 260 to 290 seems a reasonably easy target.
anybody any idea why share price fall ?
Just bought in to hold for a few weeks ! Looks good value for money to me, limited down slide with a huge upside potentionl deffo worth a crack.
make this look very undervalued at this point :) maybe hold on your seats for take off?
Ex div September 8p per share.
Bought in here today at 2.10.Target 3 pounds.
Happy with that given everything else that is going on. No doubt it'll still be up and down for a while but now offering quite a nice yield on the current SP
It is difficult to read the state of play. Within FirstGroup, GWR do a decent job, especially with the Cornish branch lines, but elsewhere FirstGroup leaves much to be desired. Virgin East Coast (90% SGC) may have over-paid for the East Coast Main Line, where it is believed current loadings may be below forecasts. Both companies coming from a bus background have little appreciation of the value of non-essential excursion traffic. British Rail, for all the stick they took, recognised this, and each local Division had a "Special Services & Excursions Department". Part of their job was to get excursion passengers on board scheduled trains where traffic was light. Hello, Perth? Anyone there?
I wouldn't let f g run a model railway never mind the southern franchise Look at the state of their rolling stock.However they have posted a joint venture with Hong Kong and Cameron and his buddies roll over like puppies when the boys from Asia come to town Also they have a wee bit of a bias against you upstart from Perth and his nationalists! Come on Brian get stuck in there Your country needs you😂
With oil prices low, people can use second cars. Bus operators do best in recession when people have to give them up. Also Stagecoach will not overbid for rail franchises so often lose out to those willing to take a risk. It's a very conservative company IMHO as per its Scottish Protestant roots so will never set the market alight.
Can't understand this drop. Stagecoach have substantial money in the bank, good business plan that is share holder interest orientated to profit and good dividend return. I recon it won't be long until the herd notice this drop then there will be a stampede to gain the lost ground.
lezzils agree with you brokers just guessing .And to 2227 pi are underwater with this share oh another big fall today thats a suprise
How do you qualify as a broker? Buy a big pin a blindfold and your away
bet brokers did not forcast fall in sp from £360 to £250 in 6 months people are loosing serious dough here as regards broker forcasts would not give you tuppence for them ps another sp fall today
yes noticed that to hoss2 .Anyway first up today just hope fall stops starting to wonder where sp fall will stop
Maybe not so good ... At the same time, the ORR has also approved an application from FirstGroup to run open access services between London and Edinburgh with firm rights from May 2021. As noted by the ORR, when these services commence they are expected to impact revenue from VTEC services.
yes rns all looks good any idea why sp falling every day.
like most here, unsure of near future of stagecoach but I'm cautiously optimistic that after investing nearly £100 million for new vehicles, those "in the know" must be fairly positive about future growth to invest that much.
Not quite sure now about this one. Whoever wins the South West Trains franchise is going to have a hard time with infrastructure disruption, and probably fitful returns. Councils looking to save money are reducing bus subsidies, and the Local Government mafia of the large cities want to regulate bus operators and their returns. In the past when Stagecoach has encountered obstacles Sir Brian has always come to the rescue with recovery strategies, but I do wonder if his attention has been diverted to Alexander-Dennis and personal politics. I suppose there will always be a profit of sorts in bus services, but perhaps not as much as in the past. A great shame; long-term holders have done very well with Stagecoach.
ifs and buts !!! not certain to retain any franchaise so could easily be a £1
There the boys to trust!!! Arms dealers, money launderers Currency fixers
no
Experts had put a large part of the drop due to low fuel costs, meaning more private car journeys, and negative sentiment after the Paris bombings, with less mass travelling to major cities, on both bus and train. Hopefully with fuel prices static at the moment, spring approaching and the the positive UK tourism atmosphere ( ( (compared to some other Euro cities ) and being nicely placed to renew the franchise on South West Trains and the West Coast line renewal ( jointly with Virgin) it wouldn't take much to get back to £3 by spring, and £4 by mid summer.
Anyone know why the drop in share price?