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I’ve been in and out of this a few times, might regret it but this looks revitalised and I’m in again. Any short term prediction Antony ?
Let’s hope the investments in renewables spent over the past couple of years come to fruition and new customers have been caught , trading update tomorrow.
I assume you bought in on or around September last year then as that was the 3 year low area, as is now, so you would have had the nice 7.5% divi with the share price being around the same, Those that have held for more than a years have “ lost” quite a large percentage of their capital ( if they were to sell) I’m not really confident of a takeover either, it was more tongue in cheek and could not even guess at the amount needed for the board to accept an offer , I’m pretty sure it could be possible though with other transport companies around to negate any approach on competition grounds. Fingers crossed for the future, Stagecoach are the main bus couriers in Cumbria and the city buses are busy here too, but I know that is nothing really too a multinational business , and if they are busy here they may well be busy in lots of areas, although that is ni Indication of profit of course. Go in your investment.
Hi, as you say , we re all entitled to our opinion , I agree that this is POTENTIALLY a little gem but it certainly hasnt proved to actually be one over the last year or so. Any dividends gained over the mid term have been deminished by the reduction in the capital value of the share. As I say I’ve not been in this for long and am hoping for an increase in share value as well as the divi.
I’m not sure if I’d call this share a little gem, great dividend, but look at the 5 year 3 year or even 1 year share graph and I think this would suggest otherwise. I’ve only been in here for a couple of months but still hopeful for a reversal of fortunes and as others have stated a takeover rumour would perk things up. Gl all
It’s not a very impressive graph and I’d be happier if the post ex div date position was nearer the year high than year low but I suppose the last day was at least a pause in the drop. I’m not really impressed with a couple of positive broker ratings, but I am still comfortable with the dividend cover and fully expect ( and hope ) the trend to reverse if only for the profit increases year on year.
A bit late for rise up to divi I fear, but fingers crossed fall will be short lived. Hope the low share fall trend doesn’t continue it’s no good a great divi with a corresponding reduction in capital. Fingers crossed
If anyone KNEW. Results this would have dropped a lot lower than 3p today. As you say the powers that be certainly took market by surprise after next results. I’m hopeful trading update this week will be ok. If it spikes I’m of out of this . Too much manipulation.
Wouldn’t you just love the market-makers to be walking the price down To bang ! Not cr rise to 320
Hopefully this drop is oversold as m and s results are calculated from differing dates I understand, to include xmas and post xmas trading. So its possible that results might be better than the expected guessing that has caused the dip.
I mean £46
I’m not sure about the £50, that would be a nice new year present. I’m pretty sure there is a special divi soon, that that may help bolster move share price until then. This company has a great structure but I’m not sure there is too much more growth in the short term. I would be very satisfied with £48 by end of jan
I agree that directors have to be allowed to sell sometime but 3 directors selling on the same day, more than £22m mmm. some people's families will get pretty impressive Christmas presents this year. But lets not forget that apart from that ( i know its a big 'that') the recent results were great and nothings changed. I take absolutely no regard to broker ratings, they are biased, self opinionated, some might say imbalanced in favour of a few pre informed clients and in time prove of little or no value. This is a great world wide organise business which has had a great year and I can see nothing that should reverse that trend, i would not of course be shocked to see a slow down in its share price and would not be at all surprised to see a substantial if not equal rise in the near future. All opinion i know, but as we are not privy to the financial underworld thats all I have.
drop to 167.5 then up again to the 173, ....on absolutely no evidence.
This is the first day since just after ex div date that there has been more buys than sells 2-1 albeit not huge volumes, so maybe the share is starting to wake up and stutter up to the mid 170s
Surely there can be only so many times it knocks on the 170 door ( without yo yoing to 163) before it gets the door opened to it. Huge influxes of funds this year, must see this trade in the 175/170 area. fingers crossed.
Knocked on the 170 on Friday , so fingers crossed ready to break through its year high. 1% rise every couple of days is more condusive to reducing mass sell offs . Maintaining price in theory.
Resistance at 167. The price has held up nicely after ex div date which may explain the amount of sales in the last few days ( some shrewd short term speculators could have bought around the 162 mark made a tidy 5% ( with the rise and divi )
Yep, good run has come to a swift halt. Hopefully little glitch. They were excellent results so maybe catching breath before heading towards the £2 mark, my short term concern would be the 3.5 p ex div drop, putting the share near the £1.55 mark, back where we started in springtime.
20% rise since May and hopefully more to come. Ex div date shortly too so we may see another little ridge line soon on its way back to £3 I can only presume the little stutter today was shrewd profit takers banks my some of their profit.