Member Info for Smokeytime

Guys what are your thoughts. Now where in the 350 will the funds in this league pile into mobico as they get the chance to go into a big name for next to nothing ?

Agree JG a dead cat bounce. Shorts will only sell if they know the CEO is on the way out next week.

Is anyone attending the AGM in person next week?

When RR was hitting new lows , the company and the Ceo were giving lots of reassurance to the market to stop the decline to their stock price.

Mobico and shall I say Ignacio Garat are a disgrace to their stock holders. Company is now close too collapse. He hides in his little cupboard silent as a mouse.

Either he starts making himself heard or he should resign. Shareholders no longer want him as their CEO!

We all knew we were hitting new lows, why are people ranting. I'm over 60% down so it's a gamble now either claw back the losses or lose it all. You have to be prepared to lose all your investment and not read the posts on here as you can easily get persuaded into buying more or holding. And lets not forget there are some guys here that have bought around 60p so they're not too far down.

Like I've said a few times if results and performances don't improve in next few weeks this will be down to 10p like Cineworld by end of year. Reckon market know that the US sale is either not happening or we're getting a low ball offer. CEO will just move onto his next job, Cosmens will get Alsa on the cheap and we will be wiped out.

If I dont see any improvement in HY report im selling up.

Jg68 your starting too lose the faith, your posts looks like you now very upset.

There's no dividend. Share price close to it's all time ever low and looks set to drop below 50p. Shorters are circruling around like vultures ready too move in for the final kill. Ignacio Garat a sitting duck / dead man walking.

There's no light at the end of the tunnel.

Let's face it, this has got the smell of cineworld all over it. Some will disagree strongly but that's their opinion, most of us are over 50% down.

Ceo needs too resign . That's our only hope.

Myself and a few others have been following this company for a fair few years and know when a company is in trouble. It don't matter what numbers you guys are generating. EBIT This, EBIT that. The shorts are about to bring this company to its knees. They're always right 95% of the time, they get info leeked from insiders. Hope the drivers are happy with their big pay increase, soon there will be no job for them.

Ceo should resign Monday morning. Shorts will then back off if we have a new man at the top and hopefully a bounce will begin.

Have a good weekend all, I look forward to my weekends more as 2 days off from looking at this abysmal share !

Mobico needed to reduce debt. But they go out and buy canary bus 80m. We all thought this must be because NA sale must be imminent. But that's not happened. Bus drivers been given hefty pay increases when company is making no profits but hefty losses. Profit warnings are a regular feature with this company.

Market cap at a historical low and still dropping. No dividends to shareholders. Ignacio Garat needs to explain himself. As shareholders we should demand this. Otherwise he needs too resign.

What is everyone else's take on this? Has anyone here got any idea what's going on ?

Every one should pull together, and start asking the ceo to go. That should be the main topic here.

If that man goes we got a chance with our hard earnt cash that we've invested. Otherwise we are looking at more historical lows to the share price. Its like some one wants him there personally so they can keep picking up the shares on the cheap!

Love your optimism Pedro but a lot of us are around 60-70% down on this investment and no re-rate is coming until the CEO is booted out. Most of us are riding this now to either bail out at a small loss or lose it all unless something dramatic happens. I and I'm sure many would agree would not put another penny in this share as this management team can't be trusted. The new CFO has a big job on her hands so let's give her a couple or months and see what she brings.

Ignacio Garat on basic salary 575k. A bonus of 860k . A share incentive over a mil. All this to a man who has over seen almost 90% of National express /mobico value over 5 years wiped out.

All you people on this board, all this talk about interest rates, NA disposal, Cosmens . There's only one problem here and that's the CEO. If he goes, we got a fighting chance with our investment. Otherwise we're looking at another cineworld.

The Cosmens and major shareholders need to get their act together and sort these clowns out. We're not a charity, a company of this size should never be allowed to fall to this ridiculous prices. If they cared about the share price this would never have gone under a pound but its been one embarrassment after another. We're a laughing stock on the ftse, have been for a while and something has to change fast !!

Drivers maybe low paid. Obviously not any more. But how can you give them big pay rises when company is making no profits, but big losses. Something has to give. Either big fare increases or more subsidises from local authorities. Alternative is fewer buses and start sacking drivers. There's no leadership from Garat. He don't know what he's doing. That's why shorters are all over this . If he went we got more chance with our investment.

It don't matter what we say. Shorts are out to make this into another Cineworld. We can't rule that out now at these prices and the numerous profit warnings we keep getting one after another. Yes there will be plenty that will start commenting this is ludicrous to be compared to Cineworld as they simply couldn't afford to run daily but were heading that way. We haven't turned a profit for half a decade.

Company keeps giving pay rises to drivers it simply cannot afford. Its time too start handling out the p45's. And IGNACIO GARAT should collect his also. He's a dead man walking. Share holders want him out. Under his command he has lost most if not all our investment!

A lot of institutions will be selling in next week due to relegation from the 250 and the shorts are all over this taking advantage with the addition that rate cuts may not happen now till late summer/early autumn. Shorts must be confident the Cosmens have stopped buying and have enough in their stake to block a cheap takeover bid otherwise they would not be increasing! And we have seen no purchase from the Cosmens in past few weeks so that tells us they're playing the long game with a 5-10year time frame in their minds. All doom and gloom, it's up to the new CFO to get us out of this mess until then we're stuck at these low prices.

The shorters are all over this and will take this to new lows. Its inevitable unless something changes.

Inflation figures were not bad but not good enough for Mobico as we could have done with a jump above 70p especially with the re shuffle looming. No idea if we will remain in the 250 as i guess we have to be still higher than 325th position or something but at these prices not looking encouraging. Have to remain patient and wait for some good news for the next rally. Hopefully holds well above 60p.

Pretty clear this is being shorted today and last couple of days. New short taken out by Citadel looks like it's to cover their previous short which they're losing on so they want this down to 61p to break even. Reckon there could be a short squeeze soon if we can get over the 66p mark and ones that are selling a chunk will wish they didn't when we shoot over 90p fast. All about a bit of patience until the re rate!

They're normally right so always a worrying sign. I think it will struggle to break 66 resistance and probably why the shorts are all over this so we need some buying from the Cosmens to get them to reduce !

Shame the mini rally didn't last, think we all jinxed it unless it turns round this afternoon.

Https://www.fool.co.uk/2024/05/11/down-85-is-this-value-share-a-bargain-in-plain-sight/