REMINDER: Our user survey closes on Friday, please submit your responses here.
What is wrong with public transport in the UK - one the face of conjecture about youth dropping cars and using buses, demand is still below pre Covid levels
"Demand on London’s transport network continues to improve, but it remains about 90 per cent of pre-pandemic levels.
TfL does not expect passenger numbers to return to pre-pandemic levels until 2026-27."
Dougb
"Can you imagine what would happen to the sp IF the bod stated they had sorted out the GGS and it was flowing now at 2000 bopd ? All the LTh and their complaints will simply get washed out by the next batch of Pi’s."
yes the liquidity from old LTH holders seeking to average down would soak up all the additional 16 billion shares and then there would be a 1000 to 1 consolidation, or even 10,000 to 1 :-)
Don't believe COPL is going to go bankrupt by the looks of things .. In 12 months time there will be an entirely new set of posters here. Happens all the time . Look at MATD (which was mentioned earlier ) , or COPLS own history
German rail operations look to be flat in terms of profits.. Their franchise operations are setup differently to UK rail I guess.
UK bus we know the story - they and German rail caused the profit warning
Wealthtranser
Sum of the parts is worth a lot more than that, depending on how bullish you view things. Between £2.50 - £3.50 IMO
Only when there are "synergies" to exploit , either in terms of business operations or access to finance .. Coach operations are synergistic , there is much to learn from each other .. School bus operations in the US is pretty independent, it has to be a profit generating sector or should be sold
This company is worth less than the sum of its parts ....
What happens if Cosmens acquire a controlling stake in this company and make shareholders and offer....?
We will still fall if there is another profit warning or results below expectations . There isn't much news on regarding NXWM, no new subsidy from the government in the "public interest" and so on . I think that buses are still losing money based on Arriva bus news
they will sell but Cosmens will buy.. If Cosmens control 23% of the stock. then they will go on to 30% with a good buying opportunity
Kingrav
"There is no reason to fall to 78p right now, with Cosmans buying all the shares up"
agreed there is huge support now as any would be hoovered up by the Cosmens.. I don't know why people think it will fall again to 78p - they are fighting old battles as last in October November
Sounds good but trying to work out who time.news are :-)
Yes very similar , sounds like they can just brazen it out
"I think even the Fed knows that interest rates ,on recent news, will have to be cut."
they did never suggest they would not be cut , they are cautioning on the number of cuts and the amount that will be cut each time. That is news, especially if the market had other expectations .. There lies the uncertainty
Its about managing expectations around interest rate cuts.. The Fed has now said don't expect too much too fast.
Stocks are down because of uncertainty about interest rate cuts
Not a glitch , they are OTC delayed publication
Over-the-counter (OTC) is the process of trading securities via a broker-dealer network as opposed to on a centralized exchange
Yes it makes no sense to do what they are saying they will do
They have till Jan 15th ....
Wow what a fantasist.. He has got enough command of the subject to sound superficially plausible
"Having been involved in most of the discussions and briefings COPL has held, this is now how I see value being returned to COPL's shareholders over the next 12 months."
All boards attract fantasists , people who do this for the likes and can construct semi-plausible business school anecdotes ..He may be mentally ill if he though all that was really true, especially being an COP insider . A lot of it is simply projecting from RNS statements and assuming all things they say will be true
Production is not straightforward and I don't think Art also suggested that (unpopular opinion here) . He also put in place many caveats which many people may not pick up on. You have to listen carefully. The thing to do is find out if he has solved those. And ignore people who get too many recommends ... :-_
Also the Alsa brand in Spain in huge ...
"While factually correct, the problem is that around 1.5bn of that are intangibles which are arguably worth zero…atleast most value investors set this number to zero when trying to account f"
we've had this argument before.. Its very Marxist to say that a company is worth its tangible assets alone.. As long as the company is a going concern, it has intangible assets which include its brand
If intangible assets had no value then why do companies spend so much money on advertising their brand?
HarryWh
great summary - that gets to the heart of it.. Any charges of wrongdoing should be simple and easy to follow , otherwise it becomes a rant
That's going to be my buying strategy: -
on low volume days set your buy price as low as it goes - even absurdly low
there is always a seller needing to sell - could be charges, client withdrawals etc