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“deleveraging options” - presumably this also includes organic cost & internal efficiency savings, merging & or downsizing depts, redundancies, etc?

@Mulder, save your internet ink. IMO helloDave is not looking at the bigger picture, & or not playing with a full deck of cards.

What HV said plus FY24 profits at low end of guidance, ~£185 million.

Mobico cannot afford to reinstate a dividend & is not likely to anytime soon. The focus is on deleveraging & rightly so, read the room ffs.

@Smokeytime, idk why the pending FY results were included today.

“Trading in the first few months of the current year across the Group is in line with the Board's expectations.”

The statement above was the only positive I took away from the RNS today. But now I am unsure if I should hold it with any credibility given recent MCG Board history. They need to address the German business ASAP. Was the latest $85million onerous provision a factor in the late result announcement?

@xxxAccountant, do you have skin in the game with Mobico or just an observer? Also what would your guess be for a potential acceptable buyout price?

I notice GLG increased their short again yesterday, now up to 0.7%. Bastards.

today’s rns makes the early 2023 guidance & dividend re-introduction ever more incredulous, aka bat**** crazy.

a question for anyone knowledgeable on here, is the german rail pus filled boil going to be annual goodwill loss event or will it be lanced & or remedied in the very near future?

“Questions have also been raised over the relationship that White will have with Ignacio Garat as few experienced chief executives — he has been in the role since 2020 — welcome a former boss of the company as their chairman.” The Times Business & Money 27 03 2025

As highlighted in the article above I am interested in how the new Chairman & current CEO will get along, or potentially not in some instances.

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The silence around the trading update is deafening. IMO I think we may see the shares suspended, something just smells wrong here (recent resignations, TU delay). Hope I am wrong, gla.

I am unsure of the protocols around company trading updates. Should we expect the pending update to appear without a prior notification calendar date?

@rob295, does the 14 remaining days to publish an update include the two April bank holidays?

@Hopelessvalue, trading update unlikely to be on the 21st April 2025 Easter Monday/Bank holiday.

"I dont know what some of you will do when the Results do come out...what are you all going to whine about then ?"

@Pokerchips, your post above & others similar can be read as a whine or whining about other posters comments. IMO you are a knowledgeable commentator, but like it or not people are entitled to hold & express viewpoints incongruous to your own.

14% CSM growth! A secure bright future beckons for PHNX.

Expect further negative ramifications on the SP from the pending US budget shenanigans. A potential US government shutdown is looming on the horizon.

“you have absolutely NO IDEA what the behind the scenes events of that were and who demanded a dividend that needed to be cut... investors did not get a dividend during COVID and then supported the company with a fund raise ...so you don´t know whether they demanded a dividend as part of the agreement to do the fund raise”

Pokerchips, your reply to tmgirth concerning the 2023 dividend is not fact & is speculative. From the public domain perspective the 2023 dividend was re-instated & withdrawn on the back of profit guidance, positive & then negative. These are the events I am using to form an opinion on the matter. Whether there was a gentleman’s agreement like you alleged idk. You could argue there may have been but it remains just an opinion until evidence emerges to support it as fact.

@Swalozie, last TU was 7 Nov & we became aware of this around 23-25 Oct. So just under 2 weeks notice, going by the past chat messages.

@JG68, I agree with you. Out of interest does anyone have a date as to when Mobico will likely announce their next set of trading results? Is it Feb, March, April….?