Member Info for SuperJ

no way these are going back anywhere near the 30s Barney, I was happy filling my boots when they were there too but I am ecstatic now!! GL.

Today’s rise absolutely confirms the potential upside in U.K. public transport stocks right now. This is still 1/3 of pre covid SP and if it can rise 30% on a glimmer of vaccine news what will happen when we do finally get back to some kind of normality?!
GLA,

Cheers Matty, definitely a more straightforward and understandable answer than ive previously had. GL

Clearly many are seeing it as a good buy opportunity, nearly twice as many buys as sells today!

Trades 549
Vol. Sold ; 360,553
Sold Value ; £138.45k

Vol. Bought ; 673,647
Bought Value ; £258.68k

Ive asked this question before and TBH never really got an answer I understood but why when buy volume for a stock is considerably greater than the sells does the SP fall significantly?
I know the markets are all down today etc but I just don't get this!

GZ, that statement re Covid has been mirrored by all in the industry in results and trading updates and is obviously a disclaimer in these uncertain times. For me the key things to consider are,
Is public transport here for the long term albeit in a different world post covid?
Will Govt continue to see it as vital to the recovery of the economy and continue to support as long as it’s reqd?
Will we get control of the virus?
When the support stops and profits return does this Company have a good dividend history?
Have SGC performed well in recent years?
Will there be opportunities for SGC to grow in the future?
IMO the answer to all of the above is yes and that’s why I’m here and adding more when I can, don’t side on the sidelines to long.
GLA!

Teddy: I am heavily into both NEX and SGC and although I reckon NEX is the slightly safer bet the potential upside in SGC defo far outweighs any risk. IMO It has the potential to get back to +150p post Covid especially if shortlisted bids in Sweden and Dubai prove successful! GL!

You are Absolutely spot on Moonman!

More Good news!

https://www.transport.gov.scot/news/further-526-million-to-maintain-bus-services/

There is no doubt NEX has less risk & more potential right now and its good to see it recovering well as I have a larger holding there but there is excellent value to be had here at SGC.
The impact of covid has been factored in already, we are still at a quarter of pre covid SP and the war chest has improved slightly.
As FGP and NEX continue to recover the potential and therefore interest from new investors will obviously decrease, they may just look to SGC! I am certainly considering reducing NEX holding now and increasing here. Decisions, decisions?!

Sums the Trading Update up perfectly GZ!

Excellent, confirms what most of us thinking and perhaps even better TBH.
Actually in a slightly stronger position than July in spite of messaging re public transport.
All good, close to 50p today IMO and further recovery inevitable. gla.

We will obviously get a good steer when Fridays trading update is due but I would expect it to be much the same as last NEX update and look how Their SP has done since!

Agree DC thing do look precarious at the moment and earnings have dropped off a cliff, after all SGC is supporting the Governments messaging re social distancing and have reduced capacities while operating normal service levels in exchange for funding to break even. Exactly the same with NEX and GOG uk operations.( I have more invested in NEX than here by the way)

SGC cash piles could last to eternity under the current agreements, not quite the same for NEX who in their last trading statement were very open about 60% of their ALSA and some N America revenue being at risk.

However when the virus is under control and the messaging changes revenues will steadily increase, tho not initially to pre covid levels. Therefore SGC, NEX and GOG will cut operations to suit, they will not operate services that are not profitable.
all of the current covid concerns are factored into their current SPs , all will easily survive this and all may even be stronger after this. There will be opportunities for all 3 (and FGP) to grow in the fallout of the pandemic with many smaller operators unfortunately not surviving.
IMO there is little risk at this current SP and any risk is far outweighed by the potential upside. Same for NEX and GOG!
If we stuck to Company fundamentals and balance sheets this investing would be easy eh?!

Aargh, you have found me out Moonman!
Going round in circles here but I will make the point once more and hopefully you will understand my viewpoint.
I only Invest and visit BBs I am genuinely interested in and can see a potential upside, therefore I admit that I am always positive on my posts.
I cannot understand why folk take the time to visit and post on BBs when they see no upside, are not invested and are therefore negative? Unless of course they wrongly assume they can affect the opinion of other investors therefore the SP.
I just don't buy into the balanced view is great rhetoric! And that seems to be the general opinion on most BBs.

Tweedledee was making a point Moonman, no sign of you or DC yesterday when the SP was +12%?

DC; your correct Covid will affect earnings for some time to come but SGC are masters at reducing costs and that is exactly what will happen when the funding is removed
The subsidy is in place due to the Govts demand for a full public transport service while implementing THEIR social distancing measures and messaging which is harmful to the sector. How can a business be Strong right now with these constraints in place? Operators are doing their bit by assisting with the messaging, operating full services and reducing capacities, why should they not be compensated for doing that, it does not make them weak businesses?!
SGC is not in a precarious position, public transport will always be at the heart of a good economy and the answer to congestion and pollution, SGC know that Governments know that and so do most folk.
Going Bust a possibility, your having a laugh, Currently NOT operating at a loss with 800m cash in hand?!

It may well do Scoote but there’s no doubt it’s on its way back to 200+ range very very soon.

230 is only another 4 days same as today!

agree but where has the Falkland one gone?? Oh, just remembered he sold up and was waiting on sub 120 to get back in, oops!
Still not to late all, this has bags of upside left.

Moonman I think your smart enough to know the answer to your question is yes,
What I really struggle with is why people spend time looking at stocks and joining on BBs when they are clearly very negative about them. Ok you say you have a soft soft spot so just buy a little here and then go invest more time and money in a stock that you see has real potential and promote it.
I gave my positive thoughts on the potential here, do you agree or disagree?