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The s.p. may be down on results that were not as good as hoped,but,as pointed out by another poster this is historically to be expected,and then we get a very good 6 months to follow. Over reaction with cash balance protection and much anticipation of good news,in my opinion.
Massive 40% upgrade to profits from a year ago,gets rewarded with a lower share price....time to get in,how can this be so lowly valued? One look at the market cap and fundamentals of a very profitable business,should be enough to see the value....
Good news RNS,which was expected,but now confirmed. Rerate should happen,as this is far to low an s.p. and market cap,especially with lower interest rate expectations going forward.
Bus drivers so lowly paid and yet so many times on this board the last pay rise they were given was mentioned as being obscenely high and the board castigated for being too generous. typical of so many posters with a grievance,who stubbornly refuse to be objective.
That's enough for me....I will come back when the s.p. is over 100p in a few weeks...Maybe the posters will be a little less negative then...Bitterness towards the company a lot less.....See you in a few weeks...
I care only about the future,being locked in the past with grievances is not good for anybody. As far as I am concerned I am happy with the management as they are taking positive measures which are needed. True ,I have no baggage,but, even if I did,I would be happy with the prospects going forward.Bitterness has no place in investing....
I just give a lot less weight to the companies history and a lot of weight to what they are doing now,and the prospects rather than looking at the past. They had a profit warning due to sudden inflation and not putting fares up fast enough.That caused the low s.p. I see increased margins going forward and increased passengers.If anybody disagrees please let me know.
Maybe my posts are "to the moon"...That is why I do respect and appreciate posters who bring the other side of the equation ,as I do tend to see the positive,although I do try to look for the negative to balance things up.Negativity is good in the sense that if it is well founded then it should be taken into account,but negativity due to historical loss bias,is not.
Poker chips....I hope my posts do ignite some discussion,rather than your mindless attacks,we have had some very helpful points to consider from a very respected poster who has tried to help other posters with their thoughts on the company. This is a discussion board for sounding out ideas,and so far I have not seen any ideas or thoughts at all from yourself...Do you have any thoughts regarding Mobico?
Poker chips....No mindless chatter...I am attempting to get to the nitty gritty of the pros and cons of the company,to try to understand better the investment case.Fishbones post was interesting ,and as a holder with much experience I respect his ideas,and look forward ,hopefully, to his bull points for the company.
Fishbone.Thank you for the alternative view. It was interesting and useful to know. With your experience what are the bull points in your opinion? I am sure that would be just as useful for all investors.
Fishbone. I have asked several times on here,what it is that the company is not doing that they should? I genuinely would like to know the reasoning behind the negativity.So far there have been no answers. Answers would be useful for all investors. You have knowledge please impart your knowledge for the benefit of all...
I am still waiting on the holders with a grudge to say what the company is doing wrong,and what they feel they should be doing. So far nobody has come up with anything....Why are they negative when they cannot give reasons?
We are just very confident.Every now and then you come across something totally undervalued with a big future and it is hard not to be enthusiastic.We do not pump it as this is a large market cap business that could not be manipulated,even if we wanted. History will prove us right and you wrong,I am confident of that....