Member Info for Locky82

Boring

I don’t want them to sell any parts of the business, and it’s the worst possible time to consider it. I remain happy to pick these up cheaply while fear reigns.

Loads of shares are down in fairness. I dropped a lump sum in Feb @127 as I expected positive results. I think my buy was justified but due to incompetent central banks (and no doubt shorters) Im down 17%. Could have been worse, I’m always tempted by our miners, especially in the high inflation environment. AAL down 30% and RIO down 20%. I’ll be topping up tomorrow as I’m really sold on the future of this company (even if directors aren’t!) and see it going from strength to strength throughout the cost of living and environmental crises.

Payday tomorrow so the next drop will be on Thursday!

I’ll give you 61p a share manz, take it while you can. That’s a regurgitated article from December mate.

I would suspect if there is a problem it’s more likely to be with Alsa or US parts of the business. No chance UK coach is struggling with all the train disruption... and generally the price of the train these days being extortionate. But I’m not convinced there any issue with the business. My guess is there risk adverse sellers in the background that are happy to pick up 5% somewhere safer coupled with shorters that can work the market and that’s the reason for the decline. I don’t want the read into director purchases etc, because I can really second guess their rational.

Strange comparison with Purplebricks.

German, Morocco and UK coach doing well, Lisbon opening up. UK urban, Spain and U.S. are flat but we’re coming out of omicron.

Debt obviously weighing heavily in a rising interest rate environment but difficult to price accordingly. I think it’s been well over done.

There’s a reason Flix, Stagecoach, GoAhead, First Student are all now Private.

If you want to blindly quick dip into equities and jump out at a loss a few days later fill your boots, but there’s no reason to hang around afterwards fella.

Why 60? Why not 40 or 20? What kind of analyse has got you to 60 mate?

We got a Q1 trading update mid April, how many times do people need telling that everything is fine? Personally I think the board are managing the business well, coming out of a lock down and I will continue to add. This is a great opportunity for me and I’m happy to accumulate at these prices. Of course there’s risk but that’s the natural of the beast. With AI there’s risk everywhere, but I’m pretty sure Spain will still have bus services when I retire… and I hope to be using them lol

Don’t be so reasonable, you set the derampers off again.

They pay out 32m to shareholders on 15/05 and on 26/05 they need to raise funds to keep the business going? Is that what you think is going on here?

Local authorities can’t even fill pot holes effectively, imagine the state of a labour ran bus service. I’m sure she’ll introduce ulez or congestion charges in Leeds if there aren’t already and continue to subsidise First

This has always been the case, and one of my incentives for being here. Central and local Gov generally have to support and subsidise these transport solutions. The fact that private equity are hoovering these up tells you it’s a decent place to be.

Nex don’t run routes in West Yorkshire.

same as lwhl. i believe its our **** poor market behaving as it does over any fundamentals with the company.

There are far more shares in issue now. They issued more recently due to covid, going from 511m to 615m. There is no doubt it is undervalued but looking at the SP price from 30 years ago doesn't indicate anything. My only regret re this stock is I cant top up as much as id like too.

Can no longer buy through iweb

Doesnt this debt ceiling issue happen every few years? Sure I remember a previous crises that dragged on for months as resulted in federal employees going unpaid for a while…

Don't let it worry you, Sreves. You always seem to be looking reason to be negative on here. There have been no buys since before the dividend was reinstated. Even the worst boards wouldn't dish out £32m to shareholders with trouble brewing in the background. I'd also highlight that there have been no sell in this time also (obviously excluding to pay tax...). Chill.

I’m in… Maybe we’ll a Netflix doc lol