RE: thecumbrian29 Jan 2018 21:29
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.