Mobico Share Discussion Threads

[warrenbuffet73] 02/1/2024 11:50

Bit of risk off in the markets, all the riskier shares down today now. Profit taking here too after many days of upside. Back up again this afternoon if US markets take off or may have to wait until tomorrow

A nice buying opportunity for the iis or for those wishing to increase their stake as part of a plan to takeover

[skyship] 02/1/2024 10:32

Indeed, a sale for very short-term traders only; but 18month downtrend broken and clear upside targets:


free stock charts from uk.advfn.com

[magnum opus] 02/1/2024 10:25

The Cosmen family made an approach for this company with CVC back in 2009, back then they planned to sell the UK operations to Stagecoach, and keep the Spanish bit, the Cosmens are the joint partners in Mobico's new company that is trying to launch a rival to Eurostar

[jsg123] 02/1/2024 10:21

Only for short term penny traders who have come in recently.
Pathetic really

[the imperialist] 02/1/2024 10:17

Chart-wise, this looks like a decent place to take profits.

DYOR

[diku] 02/1/2024 09:40

Post 705...hope so but after 2009 everything rallied with zero rates and QE...US markets are at all time highs lead by the narrow magnificent 7 while rates are high and 2 ongoing wars...also 2024 election year...the rest of sectors/shares have fallen away...either the switch over from top heavy tech to old economy shares on hopes of rate cuts this year...

[warrenbuffet73] 02/1/2024 09:23

I’ve bought more in anticipation of the bounce. Just a tree shake with retail investors taking profits

[toby hall] 02/1/2024 08:15

Blimey, well over 500 bot trades in the first 12 minutes.

Worth pointing out that company hasn’t traded above the 200 dma for 18 months, since 07 June 2022. From the mid December 2023 share price turn around, the 200 is once again within reach at circa 90. That’s just 6% up from where we are now.
Additionally, I see a pattern forming. The last historical lows of April 2009 saw sudden and significant gains thereafter, from 60 to 190 in short order. Could history repeat itself?
The batch of recent RNS’s suggests it could.

[warrenbuffet73] 01/1/2024 12:15

We’ll find out in the next week or so what’s going on, maybe even tomorrow which is trading day 4, deadline for TR1s

[diku] 31/12/2023 09:54

FGP gone from 100p to 175p...and MCG gone the opposite direction since start of year...

[jsg123] 31/12/2023 09:48

Given that some of these purchases were off book trades, especially the last 2 by Northern express (cosmens) and azvalor, because there was no real impact on the share price until after the event (holding RNS), I would doubt they came from PIs selling. The purchases are too large surely.

Unless mns have been bulk stocking shares sold by PIs for some time now.
It's baffling me.

[warrenbuffet73] 31/12/2023 09:41

Although this happened to ASOS abd boohoo. On any weakness (selling by retail investors) they kept buying up the shares.

Given the decent rise here in the past 10 days that could be it?

[warrenbuffet73] 31/12/2023 09:40

I’m lost. Maybe we’ll find out Tuesday morning then

[warrenbuffet73] 31/12/2023 09:20

The shareholder must notify the company (and the FCA) within two trading days of the interest first arising or of any subsequent change. The company must notify the market by the end of the next following trading day. There is a prescribed form for the notifications (TR1) which can be downloaded from the FCA website: www fca.org.uk and DTR 5.10.1 provides that this information must be filed by electronic means.

Notifications by issuers

At the end of each month, companies must disclose the total number of voting rights and share capital if there has been a change during the month. Such notification must include details of any shares held in treasury. Any changes to the terms of voting rights must be notified immediately. Also, if a company buys back its own shares or releases shares from treasury and the result means that either the 5% or 10% threshold is reached, exceeded or fallen below, then the company must notify the market within four trading days

[jsg123] 30/12/2023 21:53

70 million shares (over 11%) since Dec 2 from stale institutions? no TR1s showing reductions,,where are these shares coming from.

[xvzc] 30/12/2023 20:45

Recent volume doesn't support these buys coming from the daily market. As you say, if it continues then it doesn't really matter but it would appear that these positions come from stale institutions.

[warrenbuffet73] 30/12/2023 13:14

My view is a chancer might try £1.40, back to summer high.

[leggytrader] 30/12/2023 10:21

ended the day UP 8% ...at one point to 86p...VERY NICE! ☺️

[diku] 29/12/2023 18:52

So who is the seller?...not that it matters much if price keeps going up...are the new holders buying up free float or mm encouraging sellers hence price going up...

[creddy] 29/12/2023 15:50

Cheap company for anyone cash rich and able to pay down debt burden. Though i reckon north of 2 squid as a minimum. Like i said, when the facts change...

[buffettjnr] 29/12/2023 11:54

140p here we come...apologies all for repeating myself.

[mirfield] 29/12/2023 10:44

Interesting. The Cosmen Family have bought holdings using two different limited companies and a further RNS shows a Spanish Asset Management company taking a 3% stake.

[toby hall] 29/12/2023 10:36

BTW I'm quite sure that scrolling through the thread and down ticking every single post, will make a massive difference to sentiment and the inevitable rise of the share price

[toby hall] 29/12/2023 10:21

bought my final tranche here early doors. chart is looking strong with the 200dma now in reach.