The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
We have popped up on Proative Investor:
https://www.proactiveinvestors.co.uk/LON:MCG/Mobico-Group-PLC
74p is a good average, better than my 80p. We all hope the problems are transitory and we will be in a much better place soon, but at the same time it is tough to watch the SP drop and we have seen little of a turnaround till date, it's been all bad news. Anyway, let's hope the NA sale goes through fairly successfully and that is the start of the turnaround. It's going to be bumpy!!!!
The sale of NA is obviously going on paying down the debt to a decent level and then in eating in Eurostar:
https://www.reuters.com/business/autos-transportation/planned-eurostar-competitor-evolyn-buy-12-trains-frances-alstom-2023-10-11/
All doom and gloom today.
The shares dropped because the divi was pulled and they didn't meet guidance. The sale of NA is also not a dead cert and hence the price drop.
This will recover to over £1 if the sale goes through successfully. It's not an ocean of debt like Cineworld, it's a completely different story.
Nice to read some good reassuring messages.
My average is 80p and I felt terrible when I saw the drop. I hate to think how you guys who have been in here longer must have felt.
I will buy a few more and hold on tight. This is a game of holding your nerve and waiting for some normalcy to come back to the economy.
Not easy to do, but I hope LTH are rewarded at some point!
Https://www.nwemail.co.uk/news/23826677.500-000-government-cash-spent-buses/