We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register to chat with like-minded investors on our interactive forums.
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Mobico Group Plc | MCG | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.95 | 1.75% | 55.30 | 16:29:39 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 54.25 | 54.25 | 56.00 | 55.30 | 54.35 |
| Industry Sector |
|---|
| HOUSEHOLD GOODS & HOME CONSTRUCTION |
| Announcement Date | Type | Currency | Dividend Amount | Ex Date | Record Date | Payment Date |
|---|---|---|---|---|---|---|
| 27/07/2023 | Interim | GBP | 0.017 | 03/08/2023 | 04/08/2023 | 01/09/2023 |
| 02/03/2023 | Final | GBP | 0.05 | 13/04/2023 | 14/04/2023 | 15/05/2023 |
| 25/07/2019 | Interim | GBP | 0.0516 | 29/08/2019 | 30/08/2019 | 20/09/2019 |
| Top Posts |
|---|
Posted at 25/6/2024 08:53 by tia01 Time to take these serious. Nothing goes up in a straight line but public transport will be around longer than me so it’s a clear buy |
Posted at 11/6/2024 07:42 by diku While MCG more than double cut in half in the opposite direction...sector hedge... |
Posted at 11/6/2024 07:14 by chester9 First group it can be doneMaterial increase in Group profit driven by continued progress in both First Bus and First Rail further underpinning the Group's strong balance sheet: Significant increase in Group adjusted operating profit to £204.3m (FY 2023: £161.0m) includes extra week of trading and receipt of higher than accrued FY 2023 variable fees in First Rail (c.£13m)Adjusted EPS of 16.7p (FY 2023: 11.6p) enhanced by repurchases of 80.6m shares during FY 2024Final dividend of 4.0p per share recommended; FY 2024 total: 5.5p, a 45% increase vs. FY 2023c.£118m returned to shareholders via buyback programmes in FY 2024Strong balance sheet position, with adjusted year-end net cash of £64.1m |
Posted at 27/4/2024 07:41 by chester9 It's strange then how the Cosmen family keep pumping money down the drain as you see it, as does the Company secretary buying yesterday.Good point from LSE that demotion from 250 could mean funds dropping out of their trackers. Good play for shorts perhaps.Appalling 30m contract loss, unaffordable 41m dividend. They understand their mistakes at last, with that kitchen sink was throw into last results.No Cosmens then less confidence perhaps but they know their onions. |
Posted at 22/4/2024 08:03 by chester9 Saving 41m on dividend will help payback debt fasterIt looks like a lot of clear out/worst case/accruals on financials have taken place. This hopefully last reset should start the foundations of uptrend on share price |
Posted at 23/1/2024 12:35 by warrenbuffet73 Thought we broke through resistance around 90.50 then down again we wentThe MCG trend is def decoupled from other ftse250 companies so can only assume news is on the way very soon |
Posted at 15/1/2024 21:31 by warrenbuffet73 The bear case has to be MCG can’t sell their North American business or get the right price. Unlikely!Interest rates head back towards 6% again. Unlikely! Black swan event. War in the Middle East. Who knows! Upside potential after cosmens took their largest stake since their last takeover attempt is significant A wealthy US operator or PE with deep pockets buy a stable income stream for their pension funds |
Posted at 12/1/2024 08:57 by diegrootkrokodil Is it true MCG are paying over 200k per day in interest on the debt? |
Posted at 10/1/2024 17:23 by jeff h Jefferies put a Buy note out today highlighting the Cosmen family holding its largest ever stake in the company and a potential re-rate assuming the US business disposal."..The last time the family held such a significant stake in MCG, it made a takeover approach for the group. In summer 2009, a consortium led by the Cosmen family made several bids, the highest of which valued MCG at £765m (500p per share). These approaches involved plans for a spin-off of MCG's UK assets to peer Stagecoach, with the remaining operations (predominantly ALSA) to be retained...." Jefferies Base Case assumes disposal proceeds of £1.3bn results in it calculating an implied value for the remaining group of 203p a share. A more pessimistic £951m proceeds implies 144p a share whilst a more optimistic £1.8bn of proceeds implies fair value of 291p a share before any possible re-rating thereafter as leverage concerns are removed. |
Posted at 02/7/2023 11:24 by hamhamham1 Interim divi not too far away, should be approx 1.6p to 1.7p area."After careful consideration, the Board is pleased to reinstate a dividend, reflecting the strong outlook for the business and recognising it needs to be done prudently and alongside a continued focus on the pace of deleveraging and maintaining sufficient investment capacity for growth. As a result, a full year 2022 dividend of 5.0p per share is recommended for approval at the AGM. This equates to a dividend cover of approximately 3.0x (after adjusting for the coupon on the hybrid bond). Our policy is to maintain a dividend cover ratio of at least two times. Reinstating at a higher level of cover represents a prudent approach to balancing deleveraging, investment and shareholder returns, and allows room for future growth. In future, the Board intends to pay an interim dividend of approximately one third of the prior full year dividend. " |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
