Mobico Share Discussion Threads

[s34icknote] 02/5/2024 16:29

Looks promising Just needs a tr1 !

[diku] 02/5/2024 14:00

Is this on the move again?...the wheels on the bus go round and round round and round round and round ...

[justiceforthemany] 02/5/2024 12:19

Mobico/NEX was making 25p EPS pre pandemic. Yes there was a placing due to Covid but what happened to the EPS? The NAV remains multiples of the current share price

[s34icknote] 01/5/2024 19:45

Might join the 1 share traders tomorrow !Tucked a few under the mattress today .Ain't going bust . Stake building ! Takeover eventually or full recovery .

[my retirement fund] 28/4/2024 15:40

Say 5.5% for senior secured and 13% for subordinate.

[my retirement fund] 28/4/2024 15:38

Thanks Chester. That's only a small part of its debt refinancing. As the tickos.will see, future refinancing will not only be significantly more expensive, but it will not be so generous either!

[chester9] 28/4/2024 08:33

Good to see alternative thoughts than the thickos, it reveals others agendas..Let's see after Q2 results revealed, company is not going bust, it could raise cash if needed as shown by their recent debt refinance..I do agree that the company is being positioned26 September 2023MOBICO GROUP PLCMobico Secures €500m Debt FinancingMobico Group PLC ("Mobico" or the "Company"), a leading international shared mobility provider, announces that it has successfully priced and issued €500m eight-year notes under its £1.5bn Euro Medium Term Note Programme (the "Bonds"). The Bonds have a fixed coupon of 4.875%, have been rated Baa2 and BBB by Moody's and Fitch respectively, and will mature on 26 September 2031.but let's

[jsg123] 27/4/2024 12:34

Talking of prepack with 300 million in cash and 600 undrawn RCF, with interest covered by earnings, reason for adjusted loss an onerous contract provision.
Prepack, what an idiot post

[my retirement fund] 27/4/2024 12:12

Simply wouldn't occur to the thickest of the thick that they would want to command the strongest hand in administration in order to have the credibility and gain the confidence of the creditors when this shower falls into prepack.

[jsg123] 27/4/2024 09:58

Well I can't imagine they are shorting to hedge against a 23% stake, they are so underwater that even a disclosed 0.5% short wouldn't make the slightest bit of difference.
Lending to shorts to drive the price down would only benefit them if they then swooped and bought a shed load more at a much lower price. Maybe that's their plan B in case plan A the CEO actually starts to deliver.

[diku] 27/4/2024 09:01

Who is know what they doing with their stake...they might even be lending their shares to short/longs in the process earning commission?...or shorting their own stake to hedge...do they really just buy and sit on it?...

[jsg123] 27/4/2024 08:51

That's what I don't get about cosmens, if they truly knew what the fy update would be, why would they pump millions into it either side of Xmas in the 70/80s, they could have waited and saved millions!!

[chester9] 27/4/2024 07:41

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.

[jsg123] 26/4/2024 23:06

Chester
Not really because he probably isn't told necessarily when Cosmens are going to add further.
Obviously no ongoing discussions but at this valuation and the plan to sell NA schools, an approach could be made at anytime.

[watfordhornet] 26/4/2024 22:13

Bit worrying that nothing is happening though. Given state of whole thing I would hope they were exploring options for everything

[diku] 26/4/2024 21:53

Pretend he didn't know?...

[chester9] 26/4/2024 17:49

Go Simon Callender 93k shares acquired at 53p. Simon is Group General Counsel and Company Secretary. .He now holds 246k unrestricted and awards 505k. This puts any takeover back as he would absolutely be in the know..Nice to see

[diku] 25/4/2024 20:53

Hope so...sooner the better...

[chester9] 25/4/2024 16:06

The slow pace of the yellow bus sale taking to end of 2024 when announced October 23 smacks of getting the company ready to be split up under guidance of Cosmens.I think it gives us the signal that takeover comes in next 8 months. Tick tock

[magnum opus] 25/4/2024 13:27

News just out - Cosmens increased further 1%

[chester9] 24/4/2024 13:11

No Marshall Wallace increased short by 0.09% on 22nd. Daily small movements will take place but it's now about time.

[miena] 24/4/2024 09:50

@Zam1 I have been following this share now for several months and been looking for an entry.

Where do you see the share price before you look to buy back in? Currently looking to join sub 50p.

[orchestralis] 24/4/2024 08:48

NASB needs to be sold.