Member Info for Laralara1

Agreed but this is not a strict rule. I expect sometime in the last week of November. I am thinking about the fall from 60s to mid twenty and tbh it is trading at unfairly low price.

Company have a 1.75B ( inc Hybrid) debt and have more than 400 M cash off course DOYR but I suspect a big upward swing.

Rob, drafts has been exchanged, and that’s normally happen when you have reached on an agreement and after executing it’s become binding contract. So I believe we are somewhere close to signing the agreement and that’s the reason we haven’t have trading update yet.

There is no doubt Alsa team is now managing the Uk coach and soon they will enter into buss franchise with their expertise. Alsa is doing well and I hope in 2 half we drive you will recover very well.

We haven’t heard about auditors yet and that’s my main concern let’s see what we have in the future.

FP you are wasting your time, people will keep holding this share and it is logical. The reason why it’s not climbing back to £1 is that so many people bought more shares rather than selling to shorts. we have full bags, waiting for good time, And it will come eventually. So you better find some another work.

National Express has also announced that it will be extending its current Kids Go Free offer until 4 January 2026, which allows up to three children aged 15 and below to travel with one adult per journey.

Additionally, the operator is also set to introduce a slew of new timetables and improvements between London and Stansted Airport from 8 December; including the addition of an extra departure from London Liverpool Street, a reduction in journey time from London Stratford to 45 minutes and additional services from Canary Wharf.

Https://bus-news.com/national-express-to-offer-comprehensive-christmas-services/

Evelyon group headed by Cosmen seems out of the race now.

Virgin Trains will soon be able to run passenger services through the Channel Tunnel, challenging Eurostar’s decades-long monopoly.

According to regulator the Office of Rail and Road (ORR), Sir Richard Branson’s company will be able to operate from London to Paris, Brussels and Amsterdam.

Eurostar has exclusively run passenger trains in the Channel Tunnel since its inception in 1994. But the government ruling means that Virgin can use Temple Mills, an east London train depot, to maintain and store its trains. Access is crucial for the operation of cross-Channel routes.

The move is set to bring better services and lower fares on trains to the continent – but not until 2030.

Hybrid bond is currently 5% up trading over 50 now.

It looks like they are heading in the right directions. Selling the loss making units and moving towards asset light business.

Https://cbwmagazine.com/ctg-acquires-national-express-south-coast-businesses/

17 October 2025 1:52 PM

Mobico’s Chief Financial Officer, Brian Egan, attended the Morgan Stanley Leveraged Finance Conference on Thursday 16 October 2025.

The team engaged with over 70 institutional investors throughout the event and reiterated the Group’s commitment to deleveraging and operational focus, whilst also confirming Mobico’s financial imperatives, which are to:

Reduce costs and improved margins

Implement greater control over capex and working capital; and

Increase cash generation, reducing net debt.

The Group also reaffirmed its intentions to accelerate deleveraging through:

Ongoing discussions with the German Rail PTAs, where significant progress has been made to reach a settlement over the past two months; and

Exploring indications of interest for the assets of the UK Bus business, including its depots and / or fleet, as flagged at our half-year results in September, as the business prepares for the introduction of franchising in the West Midlands.

The team emphasised to investors that its near-term focus remains on the Group’s operations and it is not pursuing any changes to the capital structure, which allows the management team to remain fully focused on delivering financial and operational improvements across the Group.

Mobico remains committed to transparent communication and will provide further updates on its progress at the next trading update.

Isn’t it strange they re elected auditor according to AGM on 9th June 2025 and they said auditors after full years result indicated to resign? They did not appoint an auditor yet and for the private ltd company requirement of an auditor is not mandatory. Furthermore they hired another brokerage firm. Why ? This isn’t opposite of divestment? Hybrid has some terms in relation to ownership change. So what exactly they anticipated a while ago? I am happy if they continue to trade and I understand issues will resolve if operating profit increases either by all segments contribution or by increased price. But the issue is if a bid comes what should be the value of the company? 500M excluding debt or more, current Mcap is around 175M. DYOR.

John, it’s not that simple and what BBA said just reflect the rating agencies opinions which make it difficult for Mobico if they look for further debt. I am giving opinion about mobico’s business which is still diversified and strong. Increase in revenue is consistent soon operating profit will follow.

Why a low bid? And this is very different from wood. Wood had accounting issues. Mobico has debt but it is serviceable. Impairment of Alsa in 2022, impairment regarding school bus in 2023, impairment regarding Germany 2024. This nonsense should be stop now. We drive u good and we drive you has two onerous contracts. 176M cap. If 9m op segment sold out at £470ish Millions why not we can sell the Alsa for £2 b at least which have £180 M profit and expanding? It will give £300m alone sell every thing else for 300m in worst case scenario and total shareholder will get £1 per share. This is simple math without any goodwill. Otherwise it should be above £1 by the end of 2027. DOYR

No CEO, No Auditor, fully controlled by Alsa. They will bid for franchising, coach will be Pan European powerhouse. Cosmen is increasing stakes. Previous management finished their work and this one now complete the final task. May be 500 million for shareholders and if we deduct 25% of Cosmen amount will be paid 375M. Less than received from US sale. Change of ownership as PE, and hybrid renegotiated, Germany sorted out and full business worth billions will be gone. A very well organised strategy. Shareholders will be happy they are receiving 80-90p per share instead of 28 p. Is this going to work?

What should be a reasonable price? Considering the debt, and poor performance. They also have NASB cash. Did anyone calculate?

The German issues has sorted out. Drafts has transfer and guarantee has been provided. I believe they will sell we drive you as well. Cosmen increased stake. It will be too cheap at 60p. Something is surely cooking.

Share price was at lowest almost on a default price. This is I believe just beginning. Drafts has been exchanged for the equitable solution in relation to German rail dispute. Which shows an agreement principally has reached. How much losses will recover, how the contract will shaper up ahead is unknown yet but it seems likely it will be beneficial for Mobico. New contracts in Germany are likely as DB is failing behind. 60p by 31st December that’s what I’m expecting. DOYR.

Winning of the contract is good but I believe engaging investors by providing them information through RNS is more important. New management so far progressing in right directions.

They just need that Uk, Germany and US also participate in operating profit. A little help alone can put operating profit above £250M. Not much to do just organise the business.