Roundtable Discussion; The Future of Mineral Sands. 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.
It will be interesting to see what happens First Group and other smaller rivals. Even if passenger numbers decline by 20% in the 'new normal', SGC could take a larger share of the market. A larger slice of a smaller pie.
I started buying these through the company share scheme 5 years ago when the SP was £4.30 I admit they have tanked but I brought monthly so averaged down but what I like now is, in January these were £1.60 and it is only because of the pandemic that the price dived like most other shares. Things are starting to get back to normal and we are now taking our out of London reginal staff back out of furlough and back to work. My CEO said that they may lose up to 20% of passengers because of this work at home trend but Stagecoach are shrewd and would of course just cut buses and staff if need be but another bonus announced from Boris is that all furlough staff that return to work till January he will give £1000 per person to the company's that's a lot of money. Anyway as they say do your own research, I only posted this as I was getting tired of the same person who keeps de-ramping this share for obviously his own benefit and saying it will go down to 25 now why would that happen when things are returning to normal?
Back to normal in August, good to hear. You will laugh at this price in five years' time.
My route is doing school holiday duties as the kids are still off. We have just increased max loadings from 20 to 30 but are meant to be going back to normal loadings in August just waiting for confirmation from TFL. Our revenues will all be down of course in the RNS but I think the SP is a steal at the moment and couldn't resist buying more for a 5 year hold for when I retire.
Hi tweedledee,
It's good to have a poster with first hand experience. How are passenger numbers looking atm? What's your view on how quickly we can get back to normal?
I am a bus driver at a London garage for stagecoach and have been told that we are getting our pay rise this week it should of been in April but was postponed because of the uncertainty of the pandemic. This gives me confidence that the company must be in pretty good position financially. We will find out on the 22nd when they release their results.