Go-ahead Share Discussion Threads

[trt] 24/2/2011 11:26

Grabbed a few more this morning - took advantage of the dip.
Excellent dividend 25.5p per share paid 8th April

[trt] 24/2/2011 07:47

Re bid it's possible I suppose as my earlier post had indicated:

Saying that there is "cash to burn", analysts from Citigroup commented that "everything is in place for the corporate sector to raise debt and spend money" and that it expects "increasing levels of corporate action over the coming 12 to 18 months".

In a similarly bullish mood was Charles Stanley, which – focusing on the FTSE 250 – said that "2011 is shaping up to mirror 2005 and 2006, the last great periods of mid-cap M&A".

Go-Ahead was highlighted as another possible bid target, with both SNCF and Stagecoach mentioned as potential suitors. The transport group shot up 92p to 1,408p after it released interim results in which it raised its profit forecasts.

However next stop £15.23 according to the chart

[keran] 23/2/2011 17:40

Big rise before the close - bid ?? IMHO

[trt] 22/2/2011 08:08

I would expect a positive article in this weeks Shares Mag ( out Thursday )after such fab Interim results. Any BUY rec will surely boost the share price even further IMHO

Glad I am on board already

[trt] 21/2/2011 15:56

Grabbed a few more on the slight dip - fab !!!

[trt] 21/2/2011 14:26

Broker Nomura target price for GOG now £17.75

[trt] 21/2/2011 12:47

Chart says next stop £15.20 !!!

[trt] 21/2/2011 07:59

Sunday Telegraph

Bus and rail operator Go-Ahead Group (1408p) reported record numbers of passengers in its interim results, leading to an upgrade to full-year expectations.

The shares are yielding a prospective 5% in the current year, rising to a very attractive 5.8% in 2012.

Revenues in the six months to December increased by 6% to £1.13bn, primarily due to like-for-like passenger revenue growth of 7% in bus and 9.1% in rail. Pre-tax profits rose to £50.7m from £50m.

The group also said that it had secured a £275m credit line to refinance an existing facility, giving it the firepower to make any acquisitions. Net debt was also down.

The shares are trading on a June 2011 earnings multiple of 12.3 times, falling to 11.6 in 2012, which looks attractive. Buy.

[trt] 19/2/2011 20:52

Interesting comment in the Independent this morning:

The blue-chip index may have dipped yesterday, but investors might have a flurry of deals to look forward to in the coming months as analysts predicted that 2011 could be a bumper year for mergers and acquisitions (M&A).


Saying that there is "cash to burn", analysts from Citigroup commented that "everything is in place for the corporate sector to raise debt and spend money" and that it expects "increasing levels of corporate action over the coming 12 to 18 months".

In a similarly bullish mood was Charles Stanley, which – focusing on the FTSE 250 – said that "2011 is shaping up to mirror 2005 and 2006, the last great periods of mid-cap M&A".

Go-Ahead was highlighted as another possible bid target, with both SNCF and Stagecoach mentioned as potential suitors. The transport group shot up 92p to 1,408p after it released interim results in which it raised its profit forecasts.

[trt] 18/2/2011 16:14

GOG will probably get some good press comment over the weekend so could well see the market makers hiking up the share price from the opening on Monday IMHO

Glad I am on board already

[trt] 18/2/2011 13:55

Upgrades coming thick and fast now

[nellie1973] 18/2/2011 13:29

Broker upgrade

[trt] 18/2/2011 12:13

I dont get bored only excited just to sit back and watch a rising share price and hefty dividend payment land in my account twice a year.

[jussyman] 18/2/2011 11:44

sorry bored ;-) joe

[enami] 18/2/2011 10:37

Aye looking good, at that trend line target now. I have reduced my target slightly to 1511.

[trt] 18/2/2011 10:34

Solid gains now - may hit £16 sooner than I thought

[trt] 18/2/2011 08:36

Enami,

Chart suggests £15.23 share price, not far off the latest broker target price of £16 - nice upside from current level

[enami] 18/2/2011 08:24

Excellent results.
Upside break from pennant - target 1523 if can get past trend line and November high at 1404.

WEEKLY CHART

[trt] 18/2/2011 08:04

Market loves the results share price is soaring - £14.50 at the close today ????

Can't wait for the broker upgrades to push the share price even higher no doubt !!