Member Info for Ian1970

Think the two additional factors that could adversely affect profits are the rise in fuel costs and wage pressures from drivers. Margins are already quite low. Has this been priced in? Lots of focus on NEC. Got out just below 90p at height of excitement. Holding off diving back in for now. GLA.

Still undervalued IMO despite rise. I am a holder (in at average of 74p, small profit, but hanging on. We know the founders sold a chunk at 90p. Might see some profit taking tomorrow, but think this should approach 100. GLA.

The value is still very low, 30% down from a few months ago.

It's still around 30% down on its peak a couple of months ago, brokers are saying 125p, so I think it has some growth left. Amazing how the SP can be so manipulated. I wish I'd topped up in the lower 60s, but I still think it is a bargain below 80p.

The whole stock market has taken a hammering. Not sure where the bottom is for Stagecoach. :-( The price seems ridiculously low.

I certainly hope you are right tweedledee96 and I am wrong. There are 50,000 infections today - which is where we were in January. However, the hope is that the vaccinations are reducing hospitalisations. I've always said we have to live with it. I agree the company fundamentals all look fine and the SP does on the face of it seem far too low. Let's hope for a better week next week.

Sadly - and I say this as a beleaguered holder not trying to deramp, it is clear that we are heading into another wave and doubtless there will be some kind of lockdown in the months ahead, which is depressing share prices, especially travel stocks. Fundamentally, SGC is fine, but I expect it to fall further, how far is anyone's guess. Long term it will be ok, but I think people will be encouraged to work from home for some time now, meaning passenger numbers will be subdued. I hope to see it above 100p at some point, but honestly, I think that is years away. Sorry to be the bearer of a bad opinion. Good luck.

I'll be honest, I am bewildered by the falls over the last week and I think it is an overreaction. I am a holder, I did think about bailing when it fell under 80p but I'm just going to hold and forget for the timebeing. The company's fundamentals are sound. it seems sentiment and an overreaction easing of lockdown restrictions (or changes). It may take a year or two to get above 100p.

No nasty surprises in the results. Still turning a profit, and debt seems more than serviceable. I hope to see 100p+ before the end of the year assuming travel returns to anywhere close to normal levels. Furlough scheme ending soon, freedom day around the corner. IMO last chance to buy in low. (My current position: I hold approx 19,000 shares bought at an average of 87p as I've topped up over last few weeks).

https://www.cmcmarkets.com/en-gb/news-and-analysis/is-the-stagecoach-share-price-on-the-road-to-recovery
A bit of a sit on the fence article but interesting to holders.

One minute it's a coiled spring, then it's top up at 77p. Chri55 please stop being childish. Your comments or anyone's comments on this board really can't influence the SP by 0.0000001p and your predictions are invariably wrong.

I think that is spot on N0mad. The virus will be with us forever, like flu. I am not a doctor or a virologist but the evidence seems that the vaccines are effective at reducing hospitalisations and deaths, and can be easily tweaked to combat new variants. I suspect that it will become part of life that most of the population have an annual booster jab. We just can't go on like this forever, the government will run out of money or if they keep printing it we'll have hyperinflation.

There seems to be a daily pattern, where it opens up around 90p, before taking a fall, gradually rising throughout the day, then dropping like a stone in the last hour of trading.

I was pleased when I read this as it dispels the fears that people won't go back to work.
https://www.dailymail.co.uk/news/article-9660789/The-end-WFH-London-rush-hour-BUSIER-pre-Covid-levels.html
SP seems to have hit resistance at 90p, Hopefully will be broken soon, barring any shocks. Maybe I was also wrong about freedom day being delayed - they seem to be accelerating vaccinations. GLA.

Amazing how blatant the ramping/deramping is from that member. I really doubt you could influence the SP by even 0.00001% by what you write on this board.

You were talking about coiled springs last week. Chri55.

https://www.dailymail.co.uk/news/article-9608399/Covid-jab-DOES-beat-Indian-variant.html
So it looks like, while it is more transmissible, the vaccine is effective against this variant. 50million people in the UK have had at least one dose. Looks like the roadmap to normality is on track .I agree with Giantsquid, I think we'll see it stuck around the 90p mark for a few weeks before creeping above 100p at end of June. However, I put in a disclaimer that I am almost always wrong. LOL.

So happy to be wrong. Though, I think if it was not for the Indian variant fears, we would be seeing some big gains today, which we are sadly not. Fingers crossed. GLA.

It's possible. I was surprised at Friday's rise on SGC given that an announcement was due that evening. So maybe the buyers all know something we don't. Fingers crossed. GLA.

I suspect the stockmarket will suffer a sharp fall on the news. Bracing myself. But I could be wrong.