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Share Name | Share Symbol | Market | Stock Type |
---|---|---|---|
Mobico Group Plc | MCG | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
---|---|---|---|---|
28.12 | 25.86 | 28.12 | 25.98 | 27.32 |
Industry Sector |
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HOUSEHOLD GOODS & HOME CONSTRUCTION |
Top Posts |
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Posted at 12/6/2025 15:49 by diku FTSE all time highs...MCG all time lows... |
Posted at 21/5/2025 11:05 by the technical trader I have a 680p 5 year target on MCG.If the market is happy with a 1 billion+ EV. Exponential debt reduction over the next 5 years in the worst case will give us a market cap of around the same sort of figure. AIMH(expert)O |
Posted at 19/5/2025 07:39 by trader465 They don’t have any cash, they torched 80% of shareholders equity, you’d also notice UK and Germany still bleeding, franchising risk in the West Midlands, and no mention of margin, profit, or dividend reinstatement. But sure, let’s all cheer £25m while the group’s NAV just fell £800m. Strategic insight clearly isn’t your strong suit |
Posted at 13/5/2025 10:25 by trader465 I don’t think it’s time to buy yet, wait for the financial turnaround, they’re losing a fortune at the moment.As of 31 December 2024, Mobico Group’s net assets were: £220.9 million, down sharply from £1,044.5 million in 2023. This figure includes: Shareholders’ equity: £184.8 million Non-controlling interests: £36.1 million The sharp decline reflects a statutory loss after tax of £793.8 million, driven by impairments and write-offs Statutory Operating Loss: £(519.9)m, widening from £(43.2)m in 2023. Statutory EPS: Fell to (134.8)p from (33.7)p. Dividends: Still suspended — no dividend paid. Significant Write-downs: A £793.8m statutory loss after tax, largely due to: Goodwill impairment in the School Bus division. Write-off of deferred tax assets. Onerous contract provisions in German Rail. Control weaknesses: Identified in forecasting and German Rail operations. UK and German operations underperformed expectations. ZEV target shortfall: Only 1,100 ZEVs vs a target of 1,500. |
Posted at 29/4/2025 07:20 by blackhorse23 Statutory Group operating Loss after Tax of £793.8m then debt went up close to £991 million .. heading wrong direction, then dividend cancellation |
Posted at 28/4/2025 09:32 by the imperialist Clueless Sandeep.If you're going to bash a stock, at least make your posts plausible. MCG have many non-core assets to cover the debts if needed. |
Posted at 25/4/2025 12:40 by martinmc123 wealthoracle.co.uk/d |
Posted at 24/2/2025 15:44 by bookbroker Where is news concerning the sale of US School Bus business, maybe no interest contrary to MCG overtures! |
Posted at 05/12/2024 18:37 by pherber https://www.investeg |
Posted at 29/11/2024 18:03 by creddy Some muppet suggesting they should keep the American school bus business. THEYRE HEAMORAGING CASH DUE TO INTEREST PAYMENTS ON DEBT AND NEED TO ADDRESS THAT. SELL AMERICAN SCHOOL BUS BUSINESS TO POTENTIALLY GET TO NET ZERO DEBT. IM EXPECTING CLOSE TO BILLION. there won't be return to cheap money anytime soon.Assuming they do sell school bus business c. Billion, they (shareholders) will have debt free business generating sustainable profit to enable return to ftse 250/100 and a return to dividend paying company. |
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