Member Info for Ian1970

Any views on Johnson's announcement?

I agree. An overreaction to Souter's retirement. The shares are good value. I've no doubt there will be bumps along the way - the current worry is the Indian variant. I was in at an average 96p, if they go below 82, I will top up. Perhaps its recovery will be slow. but I would be disappointed if they weren't over 100p by autumn, assuming no further shocks.

I presume today's drop is the resurgence of the Indian variant and the threat it may delay easing of the lockdown.

Great article Hodgy. Thanks for posting as I missed this.

Any particular reason anyone is aware of? Or did Brian Souter sneeze.

There are three tabs at the top "Regular Share Chat --- Premium Share Chat --- Filters. Click on filters and put in nickname.

The reality is any comments on here make diddly squat difference to the SP either way. There is a filter if people annoy you.

The two bits of news that I anticipate in the next few months are Europe getting its act together on its vaccine rollout, and USA opening its doors. That's when IMO we'll finally see it go over 500p. At the moment not many people are going to be going abroad. But I am just speculating. As another poster has said, holiday prices have gone north. I wait the next financial statement with baited breath.

Disappointing overseas travel news - limited number of countries we can travel to. This will either a) Make Stagecoach rise as more people will staycation and use transport b) Make them fall by association of being a travel stock. I'm hoping the former, but it could go either way.

All it would take is for Brian Souter's daughter-in-law's cleaner's grandma to sell 100 quids worth of shares and it will drop 10%. But we can all hope.

Has sanity returned? Or will it be shortlived. Let's hope for the best. GLA.

https://www.dailymail.co.uk/news/article-9550431/Furlough-numbers-fall-3-3million-lockdown-eases.html

I can't see any fundamental changes, there are murmerings of interest rate rises, but given the base rate is 0.1% I can't see that the actual borrowing rates offered to companies will change at all. It is a little disheartening to see it close down 2% every day when it is a solid company with travel about to pick up.

I hope so. I also think we may see a bounce as 17th May looms. There has been a tranche of good news over COVID infection rates, R rates, efficacy of vaccines etc, pointing (hopefully) towards people commuting/travelling again. I hope (as a holder) we'll see an overall trend of growth in the medium term. Owners wanting to retire after 40 years is not unreasonable and the company's balance sheet didn't disintegrate at one minute past eight. It seemed an over reaction, and the shares were bought for 94p, so that is not an unreasonable target in the short term. IMO DYOR

And if you live in London it feels a lot safer to be on well ventilated bus in the open air rather than on the Underground.

I thought we might see a rise today given pretty good news over the weekend. I'm stuck here with an average of 96p, wondering whether to cut my losses. It just seems ridiculous that it would fall so much from a recent peak of c110 just because the founders want to retire.

https://www.dailymail.co.uk/news/article-9530255/Coronavirus-Pfizers-vaccine-protect-against-Covid-variants-scientists-say.html
If this is the case, the world stands a good chance of returning back to normal.

Early days but it has bounced back as predicted.

It's getting ridiculous now.

I feel you pain livepari4. I think we may have to wait until 17th May for a correction, but I hope I am wrong. Good luck.