Member Info for Fishb0n3

I have just bought some more.

when it comes to this the market is not forward looking at all.

I am getting 6.7% on this shares every year without any share appreciation and close to 0 chances of going out of business.

let is slide and look the other way for a few months.

Exactly, I don't know what people were expecting.

This is not a high growth stock, and no one is actually happy about a 6.5% dividend??

What I see here is that traders are not happy and long term investors see the value here.

Free cash flow at 80 mil that's the most important think.

I wasn't a blow out and I wasn't expecting one.

I get the traders who bought this for the results are nor excited however with this results and a 6.5% dividend I am happy.

It is a buy.

look at previous notification and after.

Don't forget that they still have 290 mil in cash at the moment.

They've also issued 358m of share by the end of 2009 and the share price went up for the next 10 years. I am not saying it's gonna happen again in the same way however what is counts is the Eps. if the eps gets back to 25p the number of shares are irrelevant.

there is a cycle of expenditure and there is one of profit. how I see it the profit one will follow the expenditure one. for example they have spent huge on fleet for Marocco and ALSA but its not gonna carry out at the same level in perpetuity.

we will have to wait and see.

The 16% in pay rise was only on a small part of their business.

Alsa, Morocco and other areas have not got the same rise and that could easily be offset by the fuel cost which I know its hedged however they must have take advantage of this low prices and hedge further.

It feels like someone is trying to force a sale of part of the business, and I would assume that part will be the US side however I could be wrong.

I wish they've had enough money to pay off that 400m bond then everything would be great, but I don't think that is possible at the moment.

The continued decline is not encouraging but for me this is either a 0 and assume my mistake or reverse to the true value in which case I will get a nice dividend and a decent return.

Just my thought.

I am not one to write a lot on forums however I would like to say I have done extensive research on this, I MEAN BUFFET STYLE.

I drove to airports, some of their location, booked tickets online, trying to get a seat at all the festivals it was almost impossible. all the buses were full so unless they are running all of them at a loss I don't see how they will not make a decent profit this half of the year.

Of course I could check Spain and other location however this was the strongest summer for travel and the fuel cost has gone down.

The only way the share price is reflecting the true value is if the management screwed up big time.

We will have to wait and see however it does look like a lot of thinks are happening in the back ground.

The share price is in no man's land now and it could drift to 65p maybe, I don't know however like you said I will wait now until the 70's and double up and just wait after.

I have kept adding twice a month for the last 3 months and I never thought this will be in the 90p area.

It will take a long time for this to play out.

I do not get how first group is holding so well either.

Befuddled.

To be honest it does make me wonder as well who is selling at a loss every day....un less they buy and sell in the same day to keep the price low.

Any stock can go to 0 and that needs to be taken in consideration however they have 300mm in cash and with a good first half they could almost buy the whole company back, really weird.

I added 20% to my position as well.

This is ridiculous and it might touch 65 at which point I will double my position.

You have to think you will be getting a 15% dividend in a couple of years and they provide a service that is indispensable.

Let them play their games.

When it comes to top up I keep it very simple. For me it was a cheap company at 1.25 and nothing has changed except the 0.5bps of rate increase therefore I buy every 2 weeks as long as it stays below 1.25. It might go lower, yes however timing the market its hard and with this approach I take the stress out.

People need to stop with this takeover nonsense. it might happen it may not. this is what happens to stocks when there is no news if the macro is worsening and it can carry on for a long time and yes most people will sell hence the reason that few make money on the stock market.

debt is high and interest rates are going higher which is all bad-for now.

in the long run I think this will be fine and they will not take of the dividend either as some mentioned. no-one brings a dividend and takes it off the table a year after unless people stop using busses.

but guess what, while mortgages are going higher people will stop having 4 cars per household and a lot people will use busses.

it remains to be seen. I am happy to collect 6% on my money for a few years until all settles down.

I am with Paddy on this one.

Filter the noise.

Everyone wants a quick profit nowadays, nobody looks long term anymore.

Long term used to be 3 to 5 years now is 2 months.

I was at Luton Airport and the coaches were non stop with a queue of around 200 people waiting.

Every single bus was full.

There is no question of demand it has more to do with execution.

We will see at the end of July.

In the meantime like I said before I am adding every month as long as it is under 125.

If you are looking at the chart closely it looks like the 8m trade was a buy not a sale.

Not that it will make any difference and I do not pay attention to daily fluctuations, this is just an observation.

Does anyone see the same think?

Yes their debt is better however their share price is also at 5 years high which will put us at 468 which seems crazy to me.

Lets say we get at around 2.4 on debt that should still put us around 300-350.

That's what me and a few others do not understand-this share price does not make any sense.

I do like the fact that I can buy more every month and I do not stress about it.

still need to keep an eye on it in case something changes drastically.

When Nex reports next time I think we will see a completely different story going forward.

Our results were a bit difficult t0 understand however remember we had that 250m impairment from Alsa as well which dragged everything down.

I thought we would have changed to Mobico by now as early June is over and we are heading towards middle of June.

I think there will be another announcement in the same time hence the delay.

I carried on buying and will do so as long as we are under 125.

I love the dividend and if we get back to 10p in 5 years and a share of around 300 it will be a very good think.

Just needs patience.