Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.
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true say, i xpected this one to fly on recent news and broker ratings 226 and down again but has never let me down in the past very good co to invest in.
I thought the news last two weeks would be enough. Sadly the SP did not lift like I anticipated. However, I like the company and use it when tucking away my top sliced profits from elsewhere.
any news on sgc anyone?
be me? I buy a share on the basis of good results to be announced, what happens? It falls. I sell a share on the basis of good news predicted which does not happen, and blow me down it goes up.
*******s!
Good interims and we see a drop in the SP? Was it already factored in?
For the hi-jacking of your board by wag and myself discussing other matters. But it was very quiet on here!! No news to speak of since the posting of the Nov trading update by Lowie100 - damn him, will have to be quicker next time lol!! As with NEX, let's hope the severe weather doesn't play havoc with SGC's profits.
Tut Tut!! Still not answered my question!!??!! lol If you do indeed take up some or all of your offer then I suspect, with your huge holding, you will be invited onto the BOB. Is this part of your plan? If you succeed will you remember me and treat me to some matchday hospitality? I'll bring along a bottle of Balvenie to share, but the age will depend on how kind the markets have been to me!! All this consolidation and offer malarkey may well be a sharp move, but I suspect it will not be for the small pi. Am sure the BOD have a plan and time will tell if you are correct in your assumptions, but think only a very very few will benefit from all of this. Even if the sp was to go to £50 a share my 10 shares would only net me £250 after costs, I make considerably more than that out of a 1p rise on BT!!! Suspect your break even to be around the £25-£30 mark, slightly less if you take any of your offer shares, so really hope this pays off for you. You'll need to be very brave, and very lucky - two character traits I do not possess!!!!
Re the £10 . Perhaps in time this will be seen as a very sharp move by the management. It is and never was meant for the ordinary punter. Unless it takes a massive drop soon, I will just wait and see what happens, perhaps another consolidation!
Are you stalking me? Is there no BB safe from you? lol :) Thank you for your kind comments. Although I have been in this game for over 30 years I am not a hands on trader. I tend to buy something I believe in and sit on it for years, watching it go both up and down, merge, get taken over, have RI's etc, and hopefully still be there to cash in when I eventually need the money. I NEVER offer advice on when to buy or sell, help people to understand the mechanics behind RI's, consolidations, SCRIPS, DRIPS, etc, and post the odd bit of research if I come across it before anyone else. I have managed to wind a few people up in the past, but usually only when I disagree with their biased viewpoint. Glad to see you are in a share that has made you some money, makes up for some of the ones that haven't!! I've been in this one for ages, always taken divs as new shares and taken part in a few RI's and re-organisations along the way. As ever your knowledge and research is way beyond anything that I do, that's why it is always a pleasure to read your views and those of a few other posters who simply present the facts without bias. So very different to a lot of other mainly penny share boards, where the vitriol aimed at anyone who does not tow the view that this is the next multi-bagger is at times absurd. We should set up a friendly board along with Choppy2 over on THT and a few others where we only ever have nice things to say, or don't say anything at all. I seem to have a few basket cases in my portfolio, many of which - with hindsight - I should have sold years ago as they will never ever regain their previous highs. BSKYB, PACE, RSA,TNI and PSN to name but a few. And the one that has cost me most, although I am still up on my original stake, is BT which once hit over £10 a share!!!!!! Now I'ld be happy with £2!! Still I've won more than I've lost over the years, am retired in my early 50's and won't ever have to worry about the heating bills, so can't complain. On another topic, do you plan to buy any of your £10 shares????
Hello Bonz. I am still sitting on a good profit on this one. In fact enough to cover myself if a certain other share goes down the tube. Normally I have no qualms talking about my :Tactics, strategies,volume,loss, gains whatever, as honesty can show up your ignorance(not knowing of facts etc) of a situation. And in doing so,people like your good self and others,if they can, and in good spirit, give opinions and advice, which is the life blood of this game. Re a certain other share. There was always going to be a slaughter of the innocents(sounds a bit biblical, but I think you will know what I mean) the ordinary punter was doomed from day one( and that was years ago). The reason I piled in around the price I did , was simply, I picked a price on what little information there was, and stuck to it. The volume---so I could stay in the game, crumbs from a rich mans cake, that is all I am looking for. Remember this share, it went down to 9.75 . I followed it from 101pence down to 26pence then I ran out of money, and I have lived well off it ever since. No direct comparisons. But it was classed as a basket case. ATB
Trading Update 2 November 2010 Stagecoach Group plc ("the Group") is today publishing an update on trading in advance of a series of meetings with analysts. Financial performance The Group has performed well since 30 April 2010, and remains on course to meet its expectations of profitability for the year ending 30 April 2011. Like-for-like revenue growth in each of the Group's main businesses is provided below. UK Bus - twenty four weeks ended 17 October 2010 2.3% UK Rail - twenty four weeks ended 17 October 2010 6.5% (excluding tram businesses) North America - five months ended 30 September 2010 7.5% Virgin Rail Group - twenty four weeks ended 17 October 2010 15.2% The Group does not expect the recently acquired East London Bus business to materially affect the Group's profit for the year ending 30 April 2011. The Group notes the UK Government's Comprehensive Spending Review announcement on 20 October 2010, including the planned 20% reduction in the rate of Bus Services Operators Grant ("BSOG"). The BSOG change is effective from April 2012 and does not directly affect the Group's profit for the year ending 30 April 2011. The Group will take the changes into account when making future decisions on bus services, tenders and fares. Interim results The Group plans to announce its interim results for the six months ended 31 October 2010 on 8 December 2010.
In the speech it was announced only 20% cuts on public transport subsidies this was better than expected.
Big rises today for SGC +18p and NEX +11p. Was it something in the chancellors speech??
on the acquired business The acquired business is the third largest bus operator in the London market, and has an estimated 15% share of that market. 99% of its revenue is from Transport for London. The business operates bus services under contract to Transport for London whereby it receives a fixed fee (subject to adjustment for certain inflation indices) for operating the services and takes the cost and capital risk. The business operates from 10 depots and has a fleet of around 1,400 buses
15th October 2010 Stagecoach Group plc ("Stagecoach" or the "Group") acquisition of bus business from East London Bus Group Limited Key highlights · Acquisition of third largest bus operator in London with a market share of approximately 15% · Transaction enterprise value of £52.8m · Opportunity to create value through turnaround of under-performing business and back-office savings · Modestly accretive in the first full financial year
Good bolt on for SGC Plus an order for "green buses" will help in the Horth
Solid company
Expect this to fly on the next upturn in the FTSE. Obviously doing well on the back of cancelled flights. FTSE down 700 points since my last post but SGC sp only off 6p. The city seem to like this and Nat Exp, both doing well.
Coach and train travel isn't affected by the Icelandic volcano so we might get a little boost from all those stranded air travellers. Likely to be very short lived but may go some way to compensating for lost bookings due to the snow. Every little helps!!
and the sp is cheaper than FirstGroup. just a thought
Would have thought this share would be just your cup of tea if you prefer trains. Stagecoach is involved in running around a quarter of the country's passenger network. They run South Western, the UK's busiest commuter rail franchise, the East Midlands rail franchise, and also have a 49% shareholding in Virgin Rail Group (VRG), which runs the West Coast inter-city franchise. Or are you only into steam trains that puff around with a Thomas face???
Can't see how only 14 buses will help the company's coffers much. Overall, an investment of that size can be seen as buying heinz beans instead of smart price beans. Just a thought.
My mate said he knows someone down the pub who thinks it's going to keep going up. Apparently they've bought 14 shiney new busses that will increase their profit margin. Don't think I'll invest though. I prefer trains.