Member Info for Ballantyne

Not much to like, but I do like the shift of UK Coach into Alsa. Not only will it benefit from synergies of a well performing business unit - it will also create a mask for future further performance as will make it difficult to unpick.

In a world of pain still and holding on to glimmers of hope wherever possible. Still think the shorters must have got a tip off given the rapid rises over the last month or so, but I’m probably just bitter at watching them gain whilst i lose!

This time next week we’ll be out of our misery potentially. I am an eternal optimist and have faith that it’ll turnaround now Garat has gone, new management in place across many roles and other snippets…..but I have a feeling it’s in for more bad news as it never fails to disappoint over the last 4 years….Let’s see!

Article posted 6 days ago referencing the recent fare increases in Morocco - “Commuters flooded social media with videos of heated confrontations with bus employees after a 1.5-dirham fare hike went into effect on Monday.”

Had to look up the exchange rate and equates to about 12p!

Worth reading the full article but does raise questions as to why they didn’t raise fare prices previously if operating at a ‘financial loss’

https://barlamantoday.com/2025/07/03/fare-increases-stipulated-under-alsas-contract-sale-councilman-says/

Experienced public transport operators running a public transport company!

https://www.busandcoachbuyer.com/antony-goozee-is-new-national-express-west-midlands-md/

I have been far optimistic on this for too long, and although I think it will has the potential to be turned around (not a dying industry and people need affordable transport solutions), I think this will be a long slow process. Germany will be resolved eventually but Government have no incentive to move fast. Wish I could just turn away and look back in 5 years, but I’m just too intrigued to see what happens next! Will the Cosmens get Alsa on the cheap? will the German rail issue be sorted with the PTA ? will the returning Chairman revive this languishing business like a returning premier league managing saving his boyhood club from relegation? will WeDriveU be sold? And will a proper bus operator sort out the UK mess that has been created or is the damage done?……who knows the answer is a guess as Investor Relations tells us sod all!

Not hiding, just watching!

Point 7 on the voting form….

TO RE-ELECT IGNACIO GARAT AS ADIRECTOR

?!?

I just noticed that the last set of results did not include John Dean in the contacts, but a guy called Michael Barker. Found him on LinkedIn and looks like he started at Mobico a month or so ago as Group Director for Investor Relations….seems to have decent background with 12 years working his way up through EasyJet. Let’s hope he is more on the ball and can help to rebuild investor confidence!

(Apologies if this was already posted but o only just spotted this)

Let’s hope so for their sake so they can move on to do something far more valuable / useful with their lives!

In 2024, Mobico Group managed approximately 1.139 billion passenger journeys across its global operations. If they increased prices on average by just 10p a journey per passenger that would be an extra 113.9m….i understand that it’s not that simple in practice given potential regulatory limits on some contracts etc but I think if they can sort pricing out they could well get out of this hole!

I think you are referring to the previous board, and why the CEO has stepped down, there is a new Chairman, a recently appointed CFO, a new lead for the UK and Germany business and the successful ALSA CEO becoming the group COO! Times are changing - let’s just hope this lot prove their worth and quickly!!

Thanks Rob, let’s hope for a glimmer of positive news next week and ok to keep holding . I seem to recall the new CFO gave a good account of last time so interesting to see the presentation next week, and was also hoping given that Garat had been given a large number of shares recently he’d been motivated to get the share price back up….plus the fact they acquired the Tenerife company last year, and started a random boat transfer in Barcelona that the tide had turned!

Just a message of support for all those long term holders! I too am in the same boat and had hope of a nice rise back up on results day next week before this bombshell! I believed the story, averaged down thinking that when it turns I’ll be quids in but now 65% down on a decent sized holding…..don’t understand how they can give so much information 2 days before actual results published either, seeens completely wrong but I’m just an amateur! Finally, call me foolish but I’ll hold out now we have more suitable leadership running the UK business and the return of an experienced chair!

My view is highly unlikely this week as would be courteous to give analysts so advance notice so they can join the call. Let’s hope Garat can pull out of the bag next week!

Another day, another drop! Painful watching yet again as thought the 60's were behind us but doesnt look like that is the case. Remaining positive that there is no news on when FY results are announced as the new CFO doesnt want to face the same situation as last year with the delays, and imagine there is still a lot to iron out with Germany before they make any announcements. With that in mind I think the results will be published later this year - late March / early April - so share price will continue on downward trend until then!

Personally think the delay is related to the German rail contract, and the recent announcements could mean that this is positive news. More likely than the news of school bus as still think that is a good way off but that’s just my thoughts.

Oh looks like my sarcasm fell a bit short on a Monday morning. I’ve got much better things to spend my time doing than messaging people on LinkedIn as yes, I know my place in the world and also it won’t make a blind bit of difference to the share price / business performance. Good luck all and let’s hope for some good news (at some point!)

It really is shockingly bad that they cant update their financial calendar to advise when the Q3 performance will be announced. This is really basic and is very poor form - I'll be writing to Investor Relations again to ask. And if I dont get a reply how about we all agree to hounding them on LinkedIN by adding comments to the various leaders recent posts...who's in??

Hi all, I don’t believe Tia has been posted already but have found the following piece on the FT https://www.ft.com/content/c2b9cbb0-d438-4695-bc58-32fce4003dbb

Helps keeps the hopes up after the last few days performance!

Patience is key here....remember nothing goes up in a straight line! Was hoping we would see more sideways action rather than small steps down. Hope everyone is keeping well and let's hope for more positive news soon!