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Nige, what about the debacle regarding guidance reiteration only to drop the bombshell a month later? And also, the trading update out of the blues without prewarning? How do you justify that?
I have, as you know, a lot of skin in the game, and like yourself, I want to believe, however, I'm really p....d off by those recent events! I understand the previous delay, as you say, due to integration of mergers, however, since touching 155 only a few weeks ago, the unannounced trading statement has driven the share price down 37%! It seems we can't catch a break. Sir Martin should really know better. We can keep making excuses Nige but at some point reality just hits you, or at least that's how it feels in my case. I seem to have been averaging down forever but it just keeps going down! Now I know what investors mean by stocks that literally gives you sleepless nights
Karl
I think you are missing the point mate! Everyone knows that with the stamp duty and dealing cost the share price at the time of purchase will always be lower! What we are talking here is a decline of 50% in a relatively short time. It's very normal for people holding such stock to worry or display a degree of anxiety! Its my understanding you have only just began buying here, yes no??
Dear Mr Dean
As a shareholder, I have decided to write to you to try and ascertain why the stock price is being decimated. I find it completely unacceptable that the BOD remains silent considering the extensive and constant decline the Mobico stock seem to be suffering almost daily.
I would appreciate if you could offer some reassurance or at least provide an explanation as to why you think this might be taking place.
I look forward to discussing this further
J.....
(E-mail sent at 17:47)
As Manz has suggested, let's all do the same. We are getting poorer by the day!
@Manz
On what basis are you comparing this to CINE? This company is generating cash and paying the debt off! Trains are a mess & expensive, climate change is driving & pollution high in the agenda, again benefiting this company. CINE business model was declining because of the streaming services like Netflix, Paramount etc and the technology of the new TVs making the cinema much less appealing!
They are not comparable! Having said that I feel your frustration and I'm equally perplexed by the constant decline!
Its criminal whats happening here, the recent trading statement was on balance positive, paying down debt, increased passenger numbers, the stock was already bombed out. Doesn't make any sense to drop another 20% on the back of it!!
Https://www.investorschronicle.co.uk/news/2023/08/04/has-s4-capital-been-oversold/