Firering Strategic Minerals: From explorer to producer. Watch the video here.
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Wow. Don' t worry Stagecoach will be a quid soon, honestly, not joking lol
I do hope youre right. Just wondering how low this is going to go. It seems to be in freefall at the moment. Already tested the low posted on the 14th May. Back up from here or much lower ?
Bought a nervous position here. Despite the price weakness, it should find some support around this level and bounce. I say nervous because if this does break down, I don't see any support until around 27p! that's a big drop from here. On a more positive note, I looked through the balance sheet and income statement and SGC really does appear undervalued. Open to listening to other opinions.
They are going to publish their preliminary results for the year ended 2 May 2020 on the 22nd of July.
So passenger numbers were down 90% in March which is obvious was going to happen. Lockdown has since eased so I imagine the numbers are more positive now. But for First is looks like a lot of their negative results were due to their US business and debt problems. I don't know how I feel about the 22nd for Stagecoach but I don't think the results will be as bad imo. Thoughts?
I'm no expert but I've twice used FGW trains over the last couple of weeks - they are MUCH stricter regards masks must be worn and social distancing must be followed. The trains were empty - literally - I had the whole carriage to myself and it was a Midlands train to Paddington on a Monday morning! I've used stagecoach buses also numerous times over the last few weeks and I can confirm it's a VERY different story - the buses are much fuller regards passengers than the trains and the drivers aren't legally able to stop people getting on without a mask so masks and social distancing if I'm honest was really quite relaxed - first great Western was very much stricter bordering on intimidating. Stagecoach buses are running barely any different to normal service from my own experience - busy buses, plenty of people using them and unlike FGW the rules were much more relaxed. Don't know if that is any help to holders here but that's my own experience.