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GOG Go-ahead Group Plc

1,546.00
0.00 (0.00%)
02 May 2024 - Closed
Delayed by 15 minutes
Go-ahead Investors - GOG

Go-ahead Investors - GOG

Share Name Share Symbol Market Stock Type
Go-ahead Group Plc GOG London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 1,546.00 01:00:00
Open Price Low Price High Price Close Price Previous Close
1,546.00
more quote information »

Top Investor Posts

Top Posts
Posted at 29/9/2021 21:52 by bunnji1
LINTON5

Couldn’t agree more,
Have been here since the Aviance days,,it was a banker for many years with a good portfolio, great divi, moreso solid reliable leadership. A few hiccups admitted but now despite what some might argue, (lose the rail) is for now nothing but a busted flush with little credibility, or investor confidence, not to mention the new incumbent CEO who must be thinking what the 😉. Yes maybe it will come good, I for one hope it does, I retire in Seven years, will keep a token gesture here as it owes me not a shred and I have a long association, but now know full well it will never realise what could have been given that through hard work they virtually had the Gov and DFT eating. out of their hands. Epic failure doesn’t even come close. Sad indeed.
Posted at 28/9/2021 21:08 by hawfinch
ValueViper it wasnt much of a surprise...

Aug 27 GOG -

"revised date reflects ongoing discussions with the Department for Transport regarding the historic calculation of the Southeastern profit share over a number of years, as disclosed as a contingent liability in the Group's accounts for the year ended 27 June 2020"...

Sep 2020 -

"On 31 March 2020, the Secretary of State for Transport notified one of the Group's subsidiary companies, London and Southeastern Railway Limited (LSER) that it was required to recalculate the Profit Share payable over the period from 12 October 2014 to 29 June 2019 pursuant to the Franchise Agreement dated 10 September 2014.

LSER has subsequently provided the Secretary of State for Transport with an explanation for the historical calculation of profit share and has recognised a best estimate of the assessed outcome within these financial statements. Any additional amounts payable are disputed due to LSER's statement of position being supported by express terms or agreement, correspondence between LSER and the Secretary of State for Transport, treatment in practice and the development and terms of the Franchise Agreement.

Should the Secretary of State for Transport's notification prove successful then the outflow of resources could be in the region of £8.0m."

Every investor shouldve foreseen some sort of event... market is always forward looking... hence why im so surprised by the overselling. I can see this retrace in the next few weeks easily. Especially since SGC is nearing 500m MC.

25m claim back... & not 8m... not the end of the world. Honestly, people dont understand that the quicker this company disposes of the rails the better.
Posted at 03/4/2020 10:56 by saurish
I think this one needs a bit of patience. Traders have nearly doubled their money with selling price recovering from 400p and investors are still wary of how long the virus and lockdown will play out. However, with all the steps government and the company is taking it seems it is a good hold for a recovery play, imho. DYOR.
Posted at 08/3/2017 10:45 by barnesian
Investors have fallen out of love with this share for the time being.

The next event is the RMT strike planned for 13 March. If the strike goes ahead, sentiment will remain negative. If the strike is called off, sentiment may become positive.

I shall watch out for news on negotiations between GTR and RMT between now and next Monday. It will probably be last minute stuff over the weekend so won't be able to trade until markets open on Monday by which time the share price will be moving sharply up or continuing down.
Posted at 05/9/2013 14:31 by bunnji
Go-Ahead swallows £86m jump in franchise payments
By Ceri Jones | Thu, 5th September 2013 - 10:43

Transport operator Go-Ahead Group (GOG) has announced a pre-tax profit of £86.2 million for the year, an 8% fall caused by a massive rise in rail franchise payments to the government, but this was better than both management and analysts predicted.

Record passenger levels across both bus and rail divisions helped drive a 6% increase in revenues to £2.57 billion, but profit at the rail unit, which operates the Southern, Southeastern and London Midland rail franchises, fell by £15.7 million as the franchise payments ballooned to £85.9 million.

The Olympic Games last year were a high spot for the company's rail operations, with Southeastern alone transporting one in 10 of all spectators, and up to 25,000 people an hour travelling to and from the Olympic stadium on its High Speed Javelin trains, which produced the longer-lasting bonus of 27,000 new customers signing up to its database.

There was encouraging progress towards the management's bus operating profit target of £100 million by 2015/16. The bus division posted a record operating profit of £78.2 million in the year, up 11.4%, and ahead of management expectations by around £8 million. Initial projections for operating profit in this first year of the bus unit's Target 100 strategic plan will be in line with the previous year, at around £70 million, followed by steady growth through subsequent years after cost headwinds of around £20 million due to a reduction in the Bus Service Operators Grant and increased fuel costs. The company has spent £45.3 million on 251 new buses in the year, but made £1 million in cost savings. Over 400,000 smart cards are now in issue and mobile-ticketing generated over £1 million of revenue in less than 12 months.

Go Ahead has been shortlisted for the Thameslink and Crossrail franchises, but no mention was made in the results of the company's last-minute withdrawal from the DLR bid following the disintegration of its relationship with former partner Colas Rail. Go-Ahead and Colas Rail, part of the French conglomerate Bouygues, were named on a shortlist of four bidders by Transport for London in April.

The company maintained its full-year dividend at 81p. ;-)) ;-)) :-)) ;-))

Investors liked Thursday's news and sent the shares up 51p to 1,526p in early trading. This compares with a 1,500p target price from analysts at Panmure Gordon
Posted at 15/3/2013 15:54 by trt
Thank you for your comments Keran. I think we could go to £15.10+ before the close today as investors want to get on board to collect the dividend.

So a nice close to the week.
Posted at 15/3/2013 15:38 by keran
Yes I have seen those broker upgrades TRT they are pleasing to see.

Good chance today to top up and get the Interim dividend at 25.50p.

Your enthusiasm is good to see although you seem to be getting a bit of stick from others at the moment. I wouldn't worry its good to see investors passionate about their investments.

As you say I am sure we will soon reach that £16 level and its good to know we get a hefty dividend payout along the way.
Posted at 26/2/2013 10:05 by keran
Still here but haven't posted for some time. TRT you are very bullish but I think you make some valid comments. I have also found buying on the dips is a good strategy when you believe there is further growth to come and with GOG I think there is.
The large dividend of course is very nice indeed and I think many investors buy into GOG purely for the dividend.
Posted at 22/2/2013 00:13 by trt
Go-Ahead Group (LON: GOG) had its price target lifted by Investec from £14 to £16 in a research note released on Thursday morning. They currently have a buy rating on the stock.

A number of other firms have also recently commented on GOG. Analysts at RBC Capital reiterated an outperform rating on shares of Go-Ahead Group in a research note to investors on Thursday. They now have a £16 price target on the stock.
Posted at 18/10/2012 17:35 by trt
Investec reiterated their buy rating on shares of Go-Ahead Group (LON: GOG) in a research note issued to investors on Thursday. The firm currently has a $22.60 (1400 GBX) target price on the stock.

A number of other analysts have also recently weighed in on GOG. Analysts at Barclays Capital reiterated an equalweight rating on shares of Go-Ahead Group in a research note to investors on Monday, October 8th. They now have a $23.39 price target on the stock. Separately, analysts at Jefferies Group reiterated a hold rating on shares of Go-Ahead Group in a research note to investors. They now have a $19.68 price target on the stock. Finally, analysts at Liberum Capital Ltd reiterated a hold rating on shares of Go-Ahead Group in a research note to investors.

The new target implies existing rail profits will be replaced by bus by FY16."

Go-Ahead Group opened at 1365.00 on Thursday. Go-Ahead Group has a 52-week low of GBX 1074.00 and a 52-week high of GBX 1509.00. The company's market cap is £584.8 million.

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