Member Info for JG68

Meanwhile its lost another 8% since that post.

Anyone aware of any broker downgrades causing this today, its free falling?

Mental fortitude!!

Having been involved with this share for 3 years, this has driven me back to drink after 18 years on the wagon.

I've held throughout in my sipp and my average finally down to 72, and sold at a large loss in my isa but have bought back half for a lot less , which has so far made back maybe 15% of what i lost.

It's been a total self inflicted disaster by the most incompetent BOD just allowed to destroy the value of this company over 4 years, without any accountability.

I still cannot for the life of me understand how Garat/Helen Weir/ the useless IR clown John Deane were not pulled up by the main shareholders. It's baffling.

Any decent BOD worth their salt would have foreseen where interest rates were heading and would have started trying to address the finances in 23, even doing a fund raise like most other companies did, that are thriving now.

They could have done a raise any time 21/22 when the SP would have facilitated a fairly minimal dilution. Even at 80p it was too late.

Shocking BOD we had, and now another 2-3 years holding what i have left.

Bet they're not all down 5%

This never fails to disappoint.

40 yesterday morning, barely 36 now, tests patience this does.

I don't know what comes next, low 30s, even 20s again, or 40s, black or red it feels like.

This share is infuriating, from nearly breaching 22 to barely holding 20 in an hour or so. FFS.

Without looking back I'm sure we've always assumed what Rob says is the case, its not included so to speak.

WT

On the flip side of that, they are able (have guided) 180-195 adjusted OP for this year without any contribution from NA.

So business as usual seems viable without NA doesn't it?

Sorry not pathetic, organic!!

LL

According to my calculator, it was either sell the NA bus business or a conduct a highly dilutive raise.

How do you get to that conclusion given that sale proceeds don't really reduce net debt by any meaningful amount?

I find it all a bit strange considering Helen Cowling was clear at HY 24 that sale aside, they saw a pathetic where they were able to organically deleverage.

The only thing that makes sense to me is the ongoing capex required to maintain school buses was quickly assumed to be tok much if a burden to keep.

Why would they have needed to raise cash?

Also they have stated several times that the hybrid is essential to their structure and fully intended to keep it, ie refinance it, but given the decision to fire sale NA, that could have changed also.

Very poor again from capita to let 10% plus be wiped off without any response.

No wonder its back in old mode, you would have thought management would be on top of this unless its a real problem

And yet this dawg cant even be green on a day like this. What a mongrel.

Not complaing but given visible sell volume seems odd, rising into the algo sells.

Carrot

30 secs!!

The headline was enough to know how the market would react.

But profit well down on estimates and full fleet not operational until 27.

-10% today

Profit forecast well down.

This will tank today.

10% easy

Let's hope so, just seems like an orchestrated move back down, not volume led, considering the short reduction also.

Shorts are all over this, the brakes were firmly put on to stop the gaining momentum.

Should be up on a day like this.

They've both been saying that the last 2 years paddyboy, new german government, nothings happening and we're paying for Garats mismanagement.