Rotala Share Price (ROL)

What is the difference between and bus and a plane. On a bus you can open a window perhaps but seating wise? A friend of mine went on a bus and as it trundled along it was leaving loads of passengers at the stops. Nearly empty but full up!! Most were older people so they are probably still there ?? I have held my shares here for a long time but am not looking forward to the updates!!

So at last the government says they will throw a lifeline to the bus companies....

For sure, it has been a long time coming but the Government’s 2020 Budget plans for public transport development are quite expansive. The full details will be given in the Comprehensive Spending Review to be published in July together with The National Bus Strategy.

Importantly, the Government has earmarked £4.2 billion for eight combined Mayoral Authorities to develop local transport links. This dovetails with the powers given to elected Mayors via The Bus Services Act 2017. Rotala may get squeezed out by the big operators. But I suspect the authorities want a shake-up rather than business as usual. And this appears to be part of a broader Government strategy of reducing car travel and increasing social mobility. It’s also worth noting that Manchester is the most advanced in utilising these powers and Rotala has a strong base there with scope to expand without adding greatly to its fixed overheads.

This is ex dividend today and now looks cheap.

Chancellor has just announced 200 million for buses... Hope This outfit gets a few quid..