Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
https://www.thesun.co.uk/news/12019832/planes-public-transport-coronavirus/
https://www.thesun.co.uk/news/12019832/planes-public-transport-coronavirus/
With the traffic flow on the A303 increasing this morning with wobbly boxes (caravans) and campers noticeably increasing, the news will be reporting the influx of people to the southwest over the weekend. The weather starting to look more British, once the government announce the changes to FCO advise and quarantine lifted bookings for holidays abroad will take off! ??
Hi all, haven’t had time to read all messages from the day. So this may have already been discussed. But I read the RNS. With the company planning on buying back shares, will they actively look to increase the share price by sending out news? Will they give out the bear minimum info required? Surely if the price rises on good news they will pay more? - also the possibly missing shares from the RNS on the 1st, could the company already have purchased? and do they need to report? - Is there plan to pick shares up in the market. While low and markets unsure?
Thanks all for your quick responses, Ito think it’s a shrewd move keeping Gaydon closed etc. I reread my post and it didn’t read as I meant it to sound.... I was merely ex pressing the fact that without Covid etc if they had to close production etc it would have been a disaster in normal time. WG- I would say I heard it from a man down pub, but that would clearly be false ...lol... AML has been high on my talking points when speaking with people and one suggested that the factory storage was full will built cars unsold! Incorrect for me to share rumour, I believe someone’s son on here is a designer he may be able to confirm. Or Wednesday we will find out for sure. My point about recession was more about the fact it’s not normal to enter one with the masses having saved money, mortgage/cc holidays. Cash in the bank (in some instances) .... I’ll stick to reading going forwards GLA.
Hi all, been watching reading a while, brought and holding long. Question for all, and am well aware I’m about to get the wrath of WG etc, the excess stock of cars that the company has, only compounds their issues regarding residual values in the market. Rumour is there is loads of unsold stock. Added to that this Covid-19 and recession will put more strain on the wealthy than the not so wealthy. The employees have be protected and the employers not so much. The company directors that would be Astons bread and butter will IMHO be trying to keep companies afloat. The working classes will be the stimulus for growth and not the wealthy. And they will be looking more at buying Merc/bmw/Audi. - if there was demand surely all manufacturing plants would be open! - bear in mind there was never a restriction on manufacturing in the whole lockdown! - the factory is closed due to no demand, or there are creating demand. - Covid and furlough may have been AML’s get out of Jail. But how long will it take for demand to increase.
I guess it’s all comes down to opinion, the reduced flying is only in the gradual ramp of of flights- this is a resulting fact that grounded planes can’t just take to the air, all will have to have air worthy checks etc. The statement then highlights reduced load factors, planes will be flying but will airports be able to deal with full planes? Will the receiving country accept full planes. With the Channel Islands exempt from quarantine and business ramping up demand for air freight will increase, flights will be flying before any of the scenarios play out. IMHO
@dusteringmong, adding your own words to someone else’s statement doesn’t make it true! Surely your able to comprehend that! Where is the word demand used?
@dusteringMong where does any of those scenarios use demand as the reason? They are referring to the possibility of not being able to fly, and then flying at reduced capacity. Capacity will be reduced not through demand but through operational reasons at airports and on planes etc.
honestly, any one pressing the matter of there not being any demand is deluded! you only need to take a look at the beaches, ques getting to them and price hikes the U.K tourist industry are adding.
many have had this virus and need a long over due break to get back on track. many are probably in the position to be able to block book holiday leave/furloughed/retired to be able to be abroad and then adhere to the 14 quarantine measure!
with all but the supermarkets closed many will also be realising the money they waste and how easy it is to save for such things as a holiday! - I for one, like many I know will be up up and away at the first opportunity.
Forgive me if this is an obvious question, but what has the capital raise been for? Is it just to allow ASGC to purchase 15%? My understanding was Costain had reasonable cash reserves (compared with others in sector) prior to the raise. The business like all in the sector are Probably to be least hit by the virus? - is the capital to be used to expand? With Skanska selling Highway services and Amey still for sale, is this a raise to fund a purchase? Are ASGC looking to increase its U.K. position?