Member Info for Laralara1

Paddyboy1

I strongly support your thoughts. It’s just a matter of time.

JG68

IMO it was related to government concessions related to travel pass. I remember CFO replied it will take time to legislate and and possibly until 2026.

Someone Please correct if I couldn’t understand well.

This happened only in UK, Alsa is absolutely fine and growing rapidly. Furthermore, major stakeholder is increasing their stake. IMO couple of good news and it will be back above £1.

JG 68

I am wondering then why this hue and cry? Do some of us believe they will not be able to sell at all? US school bus business was very attractive before pandemic and after rout instated, driver hired improved contract it will again be on track . So there are plenty of options for the company to navigate and that is why Cosmen are buying.

In sub continent, Indian jungles hunting in olden times was very interesting. Main hunter used to stay in a safe place. Whereas other hired servants beat the drums and make noises around the prey to push him towards the hunter side who then easily hunt him.

I don’t know why Increase of shorts reminding me this story

They are squeezing the orange to get as many drops of juice as they can get. Sell by parts or buyout or keep this running, it doesn’t matter now. So keep calm a rise will come sooner rather than later.

Smokeytime

I know one thing this result gave me a lot of confidence and TBH I was expecting 15-20% rise on that day. However I did not mind the new low. 185-205 EBIT if achieved and keep in mind inflation is on the downside. Margin rise/ NA sale/ cosmen buyout any of these will push the price into 120-150 region quickly. Otherwise at the end of 24 which is now 8 month away if guaidance remain the same we will be in the region of £1 to 1.10. If not another year around 60 -80.

A lot of panic here just because of the share price hit 52 weeks Low. imagine if price hit 73p we all would have been discuss the prospect to reach £1 mark soon.

Stay calm , FY 2023 and 1st quarter result is not bad. Soon institutions will start to buy gradually. IMO Wait , if possible buy, have faith.

It should be up by 9% because of CFO step down news. Why it’s 9% down. Doesn’t make sense at all. Nothing wrong with the result and trading update.

Can we expect a bid from cosman before Monday? Where a profit of 30M will lead us and where a loss of 50M.

Covenant gearing a free cash flow what are your thoughts?

Please share .

I think we all miss this.

Fitch Ratings-London-01 February 2024: EMEA passenger transport companies are experiencing a strong post-pandemic recovery in passenger demand, and the financial profiles of Fitch-rated companies are on track to return to pre-pandemic levels in 2024, Fitch Ratings says in a new sector report. Improved passenger demand is supported by driver availability and enhanced services. However, increased revenue may be partially offset by driver recruitment costs and rising wages despite various cost-saving measures implemented by the companies.

Financial structure is the most important determinant of the rating trajectories of EMEA passenger transport businesses. The peers assessed vary in terms of their diversification, contracted revenues, as well as revenue and cost structure, driven by their respective operating segments. All the peers are well positioned in terms of financial flexibility, with strong to adequate liquidity.

To read the report, “EMEA Passenger Transport – Relative Credit Analysis”, click the link above or go to www.fitchratings.com.

We've got news! National Express Transit and our regional transit brands are undergoing a rebranding to align them under WeDriveU, Inc., another brand in our U.S. Shuttle & Transit division. This unifies our shuttle and transit solutions under a vibrant brand representing 4,300 team members operating 2,300 vehicles across 44 U.S. locations. It's an exciting new journey serving communities, campuses and workplaces together.

National Express adds 34 Glastonbury Festival coach locations - full list

The official coach travel partner of Glastonbury Festival has added 34 more departures this year to meet demand, taking the total number of locations served to 109.

Our community members are treated to special offers, promotions, and adverts from us and our partners. You can check out at any time. More info

"We have over 25 years' experience operating special services direct to Glastonbury Festival and with our extensive nationwide network of modern coaches, we're able to step up and put on additional routes to help even more people choose us as the savvy way to travel to the festival. It's also good for the environment as the least carbon-intensive public transport option."

The full list shared with Bristol Live is below:

Walsall

Dudley

Bearwood

Worcester

Hamilton

Burnley

Accrington

Blackburn

Darwen

Bolton

Rochdale

Oldham

Manchester Airport

Newquay

Bodmin

Liskeard

Saltash

Worthing

Chichester

Stroud

Warrington

Wakefield

Bristol Temple Meads

Worksop

Thurrock

Bridgend

Crewe

Stoke on Trent

Fareham

Ringwood

Dorchester

Croydon

Sutton

Kingston upon Thames

Return tickets start from £31.50, according to National Express, with some ticket availability left in certain locations. It will be setting up a pop-up coach station within 100 metres of the festival gates, where passengers will depart with their festival gear ready to set up camp.

Tickets include a luggage allowance of 20kg in the hold, plus one piece of soft hand luggage.

JG68

Is this sort of incompetence at this level normal? They have a lot of experience behind them and some success stories as well. This is a deliberate act rather than incidental. Even their website is still showing end of March time for results.

I think we need to adopt a different approach at the end of April and put some pressure on the board and cosman. Doesn’t matter if it goes further down. They should have to pay for this game.🧐 I think highlighting this issue on different forums will make them answerable.

JG68

Board is incompetent, but I think motive behind this delay is something else rather than their incompetence. They are managing every possible information which can boost the confidence of the investors . I am wondering what can be the motive behind this? Favouring cosman? A genuine miscalculation since Covid year? they want to grab every share because they don’t need small investors anymore possibly a merger with Evelyon and want to keep this private. A few institutional shareholders only.

Wealthtrasfer

RNS dated 20th Feb they stated” Covenant gearing is anticipated to be broadly in line with the half-year position and with significant headroom.”

Does it shows there is £ big headroom?

XxxAccountant

I am doing the same. I hope it will bounce back from 63 and that would be the last time for the investors to see this level. It doesn’t matter what would be the FY 2023 result.

JG68

There is no reason to rise at the moment. Wait until the FY result. That will then clear the position towards 40 or 90.

Isn’t it interesting that we don’t have any figures about revenue, operating profit/Loss despite the fact three months have passed. I’m less concerned about NA sale now. Anyway interest rate has to decline and NA student business is very solid. TBH in this scenario 1.2 b debt doesn’t look abnormal or high especially if you consider the mass of the businesses and overall industry. Why SP is at 67p only? I think it’s an opportunity for next five years.

JG68

Why someone would buy this stock? Twice they postponed FY result, downgrade EBIT, didn’t announce anything until last moment, didn’t disclose any material update on NA sale.

Only dark side being shown since last two years. Impairment, dividend cancellation, driver shortage, uk bus is in loss and a long list.

Still they have strong business, margins are improving and interest rates are on the downside. Soon ship will start sailing . Not long now.