Mobico Share Discussion Threads

[always to own and mock you] 19/11/2024 11:25

90p by end of the month

[always to own and mock you] 19/11/2024 11:25

Do grow up clown

[the technical trader] 19/11/2024 09:31

Salvage what you can.

[the technical trader] 19/11/2024 09:28

Breaking the lows once more. :-(

[martinmc123] 07/11/2024 11:52

4*
Mobico Group Plc issued an encouraging Trading Update for Q3 this morning. The business is on track to achieve FY 24 adjusted Operating Profit guidance in the range of £185m to £205m, with the business having seen continuing growth in passenger demand which has driven group revenue growth of 12% in the period. Meanwhile previously announced productivity and cost reduction programmes are on track to deliver £40m in FY 24 and £50m annualised savings thereafter. So the top line is growing at a double digit rate and...from WealthOracle

wealthoracle.co.uk/detailed-result-full/MCG/953

[volsung] 07/11/2024 11:18

Bought a few for 75p
Great growth
Low pe
Low peg
What’s not to like?

[chester9] 07/11/2024 07:57

If you extend the revenue growth for Q3 you get FY 9.3%. Which delivers the 205m adjusted. Let's see what market thinks.

[holly1000] 07/11/2024 07:51

Thanks. I reread it

[chester9] 07/11/2024 07:48

Germany declined 21% vs Q3 23

[chester9] 07/11/2024 07:47

It's hard to say anything without a true cash figure for North American Yellow Bus. 185m to 205m adjusted operating looks like a small gross margin improvement and some cost savings.FY revenue perhaps 7-8% overall.

[holly1000] 07/11/2024 07:47

Sorry am I reading this wrong revenue in Germany up 12.5%?

[holly1000] 07/11/2024 07:44

Good results, EBITDA up 10.3%

[chester9] 07/11/2024 07:34

Was that a poor effort to get us excited. Revenues look good in Alsa and US but not so in UK and Germany. Operating profit 185 to 205m (adjusted) North American Bus in track but now given date not likely to be in 2024. More savings found Debt is what we want to know about. not mentioning that clearly for reason that we may not like it.That's all folks. Too thin ignacio too thin

[justiceforthemany] 05/11/2024 14:34

North American bus sale update needed.
May be able to wipe out most of the net debt.

[chester9] 25/10/2024 09:10

Finally confirmed Q3 TU on 7/11.

[bigballsbob1] 24/10/2024 15:37

Keeps rejecting, expect a slow slide down now to reset

[justiceforthemany] 23/10/2024 17:16

So what were they?
Nothing sort of volume today again.

[xvzc] 22/10/2024 16:18

They can't be open market trades. Not with only a 1% rise.

[justiceforthemany] 22/10/2024 16:06

Huge volume today, near 10M!

[chester9] 11/10/2024 20:29

Good to see the 50 day ma greater than 200 day. The last time it breached properly and stayed above was December 20 it lead to a 69% rise by 7th April 21.

[mwainw1973] 11/10/2024 10:30

Nice flag forming for next step up IMO

[ashwani01] 11/10/2024 09:08

On good news

[ashwani01] 11/10/2024 09:07

Did get out at 73 on 4 Oct as worried this could drift back down. Seems to be doing that but could just as easily reverse on his news.

[poolies3] 10/10/2024 15:12

That's what I wondered
How long does it take to sell a business
Nearly year now
What would be result if they decide to keep as no bidders were forthcoming