Member Info for SuperJ

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!

The market will decide who the muppet is Clem....

Not a great pile of debt compared to other Public Transport Groups Clem. you reckoned the liquidity was depleting rapidly, That theory has been kicked into touch eh? gl

TBH Profit better than expected, available liquidity up, debt reduced!
Don’t expect SP to rocket today but long term future is excellent IMO!
GLA.

I just don't see it going back to 68 or lower buddy,
as I said, I reckon today is just pre result jitters if you sold at 77 get back in now at 74! Look at the last four weeks and the pre covid SP + Dividend, its still a no brainer. IMO.

Trend, it would be wrong for Directors to be buying shares while various govt props the revenue up. They will be happy enough that the Company is not running up huge losses at the moment, the priority for them is NEX rises out of this hellish year in as good a shape as pos and it certainly feels like that is happening. GL.

Must admit that even in the dark days of late September when this was bouncing around 35p and I was screaming for everyone to fill their boots I never thought it would hit 80p this year! I have been a long term holder here but managed to get my average to 54p in September, still no thoughts on selling tho.
When Divis return and they will this will be a terrific earner. GLA

couple of big sells this afternoon yet it continued to rise! Must be something going to come out soon!
GLA

I reckon todays rise is due to the positive update from GOG.
GOG and SGC both significantly up as well today. FGP down slightly but had a big rise yesterday!

If not today it will be tomorrow, this is only going one way now!

Been @ 60p since the vaccine news rise three weeks ago, hopefully that's the resistance there broken now! Onward and upward, GLA!!

thanks Trent, suppose passenger numbers are a bit all over the place with various stages of lockdowns kicking in but any idea what sort of % there was when schools returned and things were getting back to normal?

Yep, potentially less revenue and therefore profit but undoubtedly less risk. And with Govt and Local Authorities assisting to build public transport up, particularly bus, it could make the future more stable for Operators. I just don’t think it’s the worst thing in the current climate.

clearly the Pandemic has brought the realisation that the marginally profitable franchising model is preferable to the hugely unknown future of commercial operations. Potential profits (albeit slightly smaller) which are known up front regardless of passenger numbers is not a bad shout particularly if Local authorities are going to invest in service infrastructure and provide greater support in general to operators.
SGC in London were flying prior to the Pandemic and this will no doubt end up a very similar model!
IMO!

The half year results will confirm what everyone should already know. Breaking even on local bus services with small profit on additional contracts.
This is defo a long term hold for me and now reckon at least 24-36 months before we see it back to pre covid SP. Managed to get average down when it was 38p and at last I’m now in profit but defo not considering selling.
As the vaccine is rolled out and govt advice changes to “public transport is now safe” the passengers and revenue will return, it had already returned to 60% from just 10% before restrictions came back in, and that was when the advice was stay off public transport!
Recent trading update confirmed the war chest is still there and there will be opportunities to grow in both the U.K. and overseas. Don’t forget we’re currently shortlisted for Dubai and Sweden contracts.
GLA!