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And yet SP Barely moves?!
Absolute gem of a share, averaged down to 54p in October and to be nearly double that now and still in lockdown is a dream! There is still plenty upside in this SP yet as we get back to normal! Good luck all!
Very positive!
Confirms again that no losses are being incurred due to this horrible pandemic. Fair play to the govt for continued support.
Your right Barney at the moment they are surviving on Govt funding but that is because bus services are essential part of the country’s infrastructure. The govt have pledged to support until no longer required for that very reason so that’s good enough for me!
Working from home and online shopping has escalated and will impact long term and your right there may be redundancies but SGC will be around for a very long time and back in profit soon IMO. Good luck all!
For six weeks now, surely due another significant rise anytime. AZ vaccine news will surely help! GLA.
Hit 81 this morning Clembo?!
Current and immediate situation does not make a difference, public transport stocks were always going to be a long game. This will double up again eventually and return good dividends on top IMO.
https://scottishbusinessnews.net/mcgills-buses-to-purchase-xplore-dundee-xplore-more/
Why would they do that?
I’m hoping all the new restrictions wont have much effect here but what is the general thoughts?
Suppose if it does take another dip it’s another opportunity to top up would prefer the recovery to continue tbh.
GLA
London revenue is safe, it’s entirely related to operational performance not passenger numbers! GL
Don’t get reeled in Beerstalker, Clemboy is just having a laugh...
he’s either on a wind up or just mad! Or both?
IMO Paddy it’s hit the buffers again due to the US covid situation. We’re just not seeing the late afternoon rises we had been a few weeks ago.
As soon as some more vaccine news breaks over there this will rise again, it’s a strong company with an SP that was on a nice gentle slope upwards for a number years pre covid.
Brexit referendum and decision had absolutely no effect on it before.
You know there’s still no risk at this price but there is still plenty upside, don’t miss the vaccine spike again!
That’s right clemboy... so many folk in the U.K. will be waiting on the brexit outcome before deciding to buy their megarider on Monday!
Your hilarious, keep the laughs coming please!
Never seen this board have so many posts in one day before, it’s great.
Clemboy, have you forgot you changed your mind again yesterday when on another board you claimed you hadn’t sold SGC at 77 but had set to sell at 85p?!
You’ve lost the plot!
You seriously think a no deal brexit is going to affect a UK only bus company more than Covid has this year?!
If you do your quite mad!
And in same SP forecast 9 of the 10 analysts now recommend outperform or buy!!
Absolutely spot on castle, SGC has a history of excellent dividend levels and that will resume when post covid normality resumes!
you sold out at 77 remember... doh!!
You must be due some luck Clemboy, had a peak back at SGC again?!
Maybe I’m not such a muppet after all?! GL tho!
Hence the reason for the drop to sub 40p this year.
However achieving a profit of any kind when revenue has halved is a fantastic achievement and the vaccine has now turned things on its head. The Covid recovery is now underway!