Eddie Stobart Logistics Share Discussion Threads

[heatseek77] 06/7/2020 09:22

George totally agree, i think update last 6 mths would be more positive than most, theyve not stopped, so why not rns

[george23666] 06/7/2020 09:08

Ok, as going towards investment company. Why not a financial update for last 6 months. That would reinstate faith in sp?

[heatseek77] 06/7/2020 08:59

Adrian Collins, Chairman of Eddie Stobart Logistics plc commented:

For obvious reasons much of this report deals with the past and makes for difficult reading but we are pleased to be putting these issues behind us. Since I have joined the Board, I have been impressed with the calibre and dedication of the Eddie Stobart leadership team and look forward to the future with optimism. I would like to thank shareholders for their continued support as the Company works towards becoming an investment company.

[jimbarlow78] 06/7/2020 07:11

2019 results out. When do we get some figures from 2020..

[ekuuleus] 03/7/2020 22:31

Seriously compcode? You already said youd bought £100k worth.

Well good luck anyway.

[brownbear3] 03/7/2020 20:15

I gave up made a small loss , put it into Amigo loans . ?

[jimbarlow78] 03/7/2020 17:41

So like when with this thing do you get news? Like a trading update? Its falling cos everyone is losing patience.

[roks] 03/7/2020 13:13

no thanks. if I buy now my average will be 9p....still too high to dump this pile of s.

May be 5p I'll top.

[computercoders] 03/7/2020 12:56

I'm going to buy 150k shares in ESL in 3 minutes so if anyone wants some before I buy better be quick

[ekuuleus] 03/7/2020 10:39

George. No.

[george23666] 03/7/2020 08:48

Well, there is a big buyer on STOB. Yesterdays rise may have been a reaction to it. See how the day holds out. Currently STOB around 33p. Buyer paid 40p for 3.5 million at 17.50. This was the price of placed shares and apparently not all taken up on placing date. Thought ESL might have benefited from this with a little bit of upward momentum. I'm not a psychic..just a hunch.

[albert3591] 03/7/2020 08:20

Very astute George,NOT

[george23666] 03/7/2020 07:32

Huge buy in STOB group after trading day. ESL will go up by about 5 to 10% today. IMO. Might be worth to top up? DYOR

[george23666] 02/7/2020 17:18

STOB 7.8% rise and ESL pulled it back for small rise.

[albert3591] 02/7/2020 16:03

I do not understand why posters go on about the fuel prices being cheaper,it’s the same for all hauliers

[george23666] 01/7/2020 18:46

They are separate, but very much linked. STOB have a 15% share in ESL for a start.

[jimbarlow78] 01/7/2020 18:23

I was under the impression STOB and ESL were completely separate.

[george23666] 01/7/2020 17:35

Jim - the haulage is only a part of ESL, a big part but still a part.
Invesco dumped a large part of their holding in Stobart, likely performance related and maybe due to Southend as mentioned.

[albert3591] 01/7/2020 15:35

Southend airport hub finishing that is the reason imo

[george23666] 01/7/2020 14:18

ESL, not keen to publish end of year in good time..now I wonder why?

[george23666] 01/7/2020 14:17

Reason for drop. Invesco dumped half of all thier shares with Stobart Group. About 5% of all shares, looks like they are getting rid of remaining 6.8%.
Shows lack of confidence from one their biggest investors. Obviously knock on with ESL..a big neg I'm afraid.

[george23666] 01/7/2020 12:20

The problem is that ESL is a cash shell and purely relies on cash revenues. The sp, is fading downwards because of uncertainty of what revenue is coming in. Loads has happened since last end of year, coupled with pandemic of course. This is where CEO needs to step forward and say something to steady the ship.