Mobico Share Discussion Threads

[billy two cocks] 12/10/2023 09:23

Did you draw that yourself, with your crayons?

[the imperialist] 12/10/2023 09:22

I shared this chart at the end of july:



Watch and learn.

[hatfullofsky] 12/10/2023 09:19

In for a bounce trade, looking for 70p

[billy two cocks] 12/10/2023 09:18

"The Imperialist
12 Oct '23 - 09:13 - 475 of 477

I've added more. I am more than happy to take the discounted shares from the bedwetters."


LOL!!!

[the imperialist] 12/10/2023 09:17

Totally agree, but we need to get rid of the weak holders before we can start any significant sustainable rise.

[warrenbuffet73] 12/10/2023 09:16

I’ve added more

This is a sitting duck now

Every buyer has a price. We are very profitable and growing. Just need to sell US and our uk and Moroccan arm would make a lovely addition to another group

Takeover incoming

[my retirement fund] 12/10/2023 09:15

I don't think a new CEO can save them, its an unsustainable business model. There are no real tangible assets, that's been long stripped out of the business with all the cash being swapped for debt, and then that debt floated as equity in form as ordinary shares. It may have been sustainable with zero interest rates but certainly not with longer term normalised interest rates.

[the imperialist] 12/10/2023 09:13

I've added more. I am more than happy to take the discounted shares from the bedwetters.

[brut winky] 12/10/2023 09:12

Dividend funds have to dump at all costs, once that stops the reality of the potential sale will start to be factored in.

[diku] 12/10/2023 08:57

Slow motion crash...BOD have to play PR game...

[billy two cocks] 12/10/2023 08:51

You're spot on there NY Boy.

What annoys me on these boards is the people who are holding rubbish, who are a long way from the door, appearing to know what they are talking about. This can influence other people.

The debt will be the end of this and I forsee a debt for equity swap and/or a massive dilution being highly likely.

First stage in the process of shafting shareholders just happened this morning (dividend).

[diku] 12/10/2023 08:49

The definition of what exactly the CEO does day to day is often mis understood...

[weaverbeever] 12/10/2023 08:47

Definitely a new CEO needed. Have you seen the 3 year share price chart. Or 1 year chart. Biggest faller on market today. All this after reinstating the dividend this year. I've no doubt its a very complicated company to manage. But it seems the current CEO is struggling big time. When you earn a big salary you need to deliver. As a shareholder I'm paying his wages and I'm not happy with the way he is destrying my equity.

[ny boy] 12/10/2023 08:45

You only have to look at the long term chart, once 200p support broke last year, it’s just been trending down with a series of mini dead cat bounces to trap bulls, these chart patterns always open up the possibility of trap door moments, like this morning. Until the bottom is in and a major trend change, it’s not an investment, just catching a falling knife sine last year.dyor

[billy two cocks] 12/10/2023 08:40

"The Imperialist
12 Oct '23 - 07:51 - 459 of 466

They're doing all the right things. Hold tight for a possible shake, but US sales (as above)and Divi suspension should make short work of the debt, and revenues continue to grow and good levels, so no reason for panic."

Really?

Tool.

Thanks

BTC

[billy two cocks] 12/10/2023 08:38

I must say that "The Imperialist" is a complete tool.

No idea whatsoever.

If you're in a hole tool, stop digging.

Thanks

BTC

[the imperialist] 12/10/2023 08:33

Maybe that's why you drive a Vauxhall Astra.

[my retirement fund] 12/10/2023 08:28

This looks completely insolvent to me. The US sale is probably conditional, or a possible covenant breach would make signing off as a going concern difficult without an auditor statement

[weaverbeever] 12/10/2023 07:59

My most proud moment was cleaning the oven

[seball] 12/10/2023 07:56

Good decision to suspend divi. Selling American business also a good idea. Any bad news was already priced into share price Wouldn't be suprised to see this rally today.

[the imperialist] 12/10/2023 07:54

Have you ever worked in anything other than a take-away?

[weaverbeever] 12/10/2023 07:52

Also when yiu have done a review of costs. How do you then find another 20 million of savings. Did you miss them before? If so how and why?

[the imperialist] 12/10/2023 07:51

They're doing all the right things. Hold tight for a possible shake, but US sales (as above)and Divi suspension should make short work of the debt, and revenues continue to grow and good levels, so no reason for panic.

[weaverbeever] 12/10/2023 07:50

I bought in when they started the dividend. Thought a company reinstating a dividend must be confident. Now they are cancelling it again. Seems to be poorly managed. Selling the US bus business to pay down debt seems sensible. Maybe a new CEO would also help.