Member Info for Fishb0n3

In the next 2 weeks we will see shorts closing and funds and Cosmens adding.

Guys...seen this before.

don't you see they choose to make this announcement just before earnings...either Cosmens need to buy a lot more at a lower price or something is in the works regarding a takeover.

Don't panic...

Yes, they come in after the share price has been dragged through the mud same as Hotel Chocolate.

Slowly all the mid size companies in uk will be bought out at dirt cheap prices.

That's what I don't get either....how this this have a better correlation with the us market than with the FTSE.

Ftse moved higher.

It all depends on your time horizon. I will keep my shares unless something drastically bad happens.

I don't think the share price will jump to much as nothing major is gonna change....I just want them to meet their lower guidance and give a decent outlook form price increases. Definitely not a dividend and maybe an outlook on how the sale is taking shape. They disappointed quite a few times so I don't know what to expect.

I have kept adding, will see if it was the right decision.

Good point Poker and if I was wearing a a tin foil hat I could say its was all planned to announce it and then cancelled it to lower the share price for "someone'' to buy around 10% however it is all speculation isn't it.

Even the profit forecast....you can announce something and declare something completely different blaming it on the macro or fuel or weather or the price of coffee beans.

We don't know what is going on however what we know is the numbers and they do not show any improvement and I doubt they will show much on this earnings.

I hope I am wrong.

I know what FGP did and that proves they are managed better.

MGC could have done the exact thing and just don't issue a dividend as it is in our detriment anyway and all of this this just shows the difference between a good mgmt and a crappy one.

It is bad when you think FGP is 450% from covid lows and we are still at the same level.

Yes I think the results will indeed be mediocre at best and it will take longer for this to turn around.

Most people hold in the hope of a takeover however I think that is less likely with Cosmen increasing plus in the last 2 years we have seen the largest outflows out of uk equities which doesn't bode well as there is no appetite for low margin, low growth companies.

it all depends how the results are.we thought the october trading update will be good and it was a **** show.

lets hope they deliver this time.

It looks like it cannot move above the 200 dam

At this rate half of uk companies will be owned by mutual funds and private equity firms....sad.

Yes you are right .....however why take on more debt when they could have paid some of with the 350mil they have and issue a 300mil bond?

I don't know why however even if they sell NA I don't see them paying off all the debt....I think they will keep the 500 bond to maturity.

my opinion only.

You are welcome.

Lets hope they can get on track sooner rather than later.

Obviously it all goes out the window if there is a bid for the whole company which would not be all bad if the premium is the right one.

Bull points:

1. I think they will go for the tunnel channel contract as it has the highest profit margin in the transportation sector.

2. They will sell NA for a good sum ( if you go back on my post I have stated they will do that well before it was news-maybe just a lucky guess).

3. Profit margins will improve going forward.

4. Drivers availability will improve drastically as unemployment raises.

5. Cosmens getting more involved-they know how to run this type of business.

6. Expanding on different continents -higher reach=more diversified income streams=more profit=less risk.

7. High adoption of electric busses.

8. An increase in public transport adoption.

Ok Pedro....I will lay out a few as I think is good to have opposite views as we can learn more.

1. The company has issued a dividend which was only in place for 6 months which is a huge mistake in my opinion made by the mgmt. Either keep it and bit the bullet or don't issue on at all.

2.They have stated that they will reduce debt and instead they have replaced 400mil in debt with a 500mil bond which adds 100mil to the total debt -again the opposite to what they stated in the last earnings call.

3. They downgraded the forward earnings just a couple of months after they were issued and they have done that into an improved environment-again huge mistake.

4. They have not hedged more of the fuel price when Brent was in the 60s as I think oil price will go up a lot in the next 2 years.

5.Running the Uk buss at a loss for such a long time-just get rid of it as it does more harm than good to the balance sheet.

just a few ...I am sure if I spend a couple of hours I can find a lot more.

History cannot prove me wrong as I have a very large holding here and constantly adding and I was here a long time before you even heard of this and can assure you that you haven't done 10% of the research I have done on this.

What I am trying to say is that you all say it should be way higher however the company hasn't proved anything yet....there is long road ahead and I have a 5 years approach .....most of you will be gone in 2 months.

No one has disappeared...we all have better thinks to do.

No one is bitter is just you guys are just pumping this like no tomorrow. even when I said this will go back to 78p everyone was..nahhhhh.

Its normal and healthy for this to have a retrace.

I agree Poker.

All this constant ramping does not help anyone nor does it have an influence on the share price.

The sp was overbought and it needs a healthy retrace.

No one knows if there is an offer or one will come soon.

It will be better to stick to facts for everyone.

It’s encouraging to see 3 x 100k buys going through. Someone is accumulating or shorts closing.