RE: German contract backdate20 Jun 2026 23:03
@helloDave I concur. A fair estimate is that Mobcio's total passenger numbers and revenues are up 25%-40% depends on routes. The events in the middle east has been boom-time for Mobico. Think COVID - the only businesses that did well were online businesses...similar with the oil crises. Far more people have chosen to take public transport. In adddition the middle east is not fully sorted as yet. Only the MOU is signed, not a formal peace deal. With it comes to the middle east, be prepared for the unexpected.
@Paddyboy1 Mobico at circa 22-25p is under most major investors' radar, hence the interest from shorts, as they can manipulate the market to an extent. However, once Mobico releases its audited accounts and business update with forecast, all bets are off. Until then, big investors will remain on the sidelines. I have said it many times, Mobico is a turnaround in play.
Only a week ago, many posters here thought the sky was falling as the Mobico share price slumped to circa .215p...while some were upset, I saw it as an opportunity and added in the lows, especially on Wednesday and Thursday. I has hoped I could add more on Friday, but the RNS meant a rise of 4.5%, which took the share price above my average.
I have a hunch that more private investors will absorb Mobcio's RNS from Friday and connect the dots (i.e. the German deal) in which case the Mobico share price will likely rise on Monday in the lead up to Mobcio's next RNS. In the event the share price drops to a reasonable level, I will add, as ideally, I would like to add a further via several smaller buy tranches over the couple of weeks. If the share price does not drop, I will add at the higher levels and accept the fact that the share price has a new higher baseline.
GLA