Mobico Share Discussion Threads

[chester9] 21/8/2024 07:00

We actually made 2.8% group operating margin..Great Alsa results +10%, North America 4% up, Uk over 7%. Only Germany negative..Net debt up 6% but Total current liabilities down 20% on LY..It's progress now let's see what the market thinks .

[david gruen] 21/8/2024 06:59

Debt up, another loss (albeit reduced), expect to top up at 47p.

[sr2day] 21/8/2024 06:58

Expect between 5 to 7p rise.

[wallywoo] 21/8/2024 06:38

So despite not paying any dividends for 12 months, debt is still higher.


Since the share price is derived from the present value of all future dividends and these dividends look further away than ever. Expect a fall today.

[nobull] 21/8/2024 06:36

"I see No bad news".
The covenant gearing remains unchanged and covenant net debt increased. Not great, but I am pleased about everything else. Maybe the shares will go up a few pence on this initially before closing about the same. WDIK? Nothing. We will see.

[justiceforthemany] 21/8/2024 06:33

Current debt down significantly.

[holly1000] 21/8/2024 06:24

Good results finally EBITDA up 13.2% operating profits up 28.1% I see No bad news, will be listening to the conference later and see what the new CFO has to sayHopefully rise today.

[chester9] 20/8/2024 17:34

Let's be honest after way too many profit warnings and adjustments galore most of us are hoping for at worst single digit growth and net debt at least 10% down from 987m, total current liabilities at least 10% down from 1361m..I hold for now though I was tempted to sell as the following news days not good26 July 23 interims down 15%20 Feb 24 finals delayed down 10%26 March 24 finals down 9%22 April 24 down 11%It goes in threes and they had 4 shockers. GLA.

[denholm elliott] 19/8/2024 21:06

Creeping up is not a good sign. Means they'll smash it down on results.

[diku] 19/8/2024 19:30

This is creeping up...Wednesday...

[pwal] 14/8/2024 10:22

Report due around the 21st Aug?

[diku] 10/8/2024 07:05

Sometimes no news is good news...

[jsg123] 09/8/2024 14:01

They've already stated in the FY23 results that the sale was intentionally delayed until q3/4 with a view to complete by year end. But who believes anything they say.
9 times out of 10 they release an RNS to confirm notice of results and time for analyst presentation.
I'm now expecting a nasty rns on either next Monday or Monday after.
I've written this off until year end 25.if they had anything good to say they would say it.

[diku] 09/8/2024 13:37

Hopefully rates on the way down might just help...

[chester9] 09/8/2024 13:31

On assumption they stick to timetable then we will know in 12 days. .October 23 announced sale of NASB, then used waiting for contract updates to get better margins last time they thought an update was due..The silence suggests no where near a sell.. Can they get the finance costs down without it? Not likely. .12 days but don't expect a sale of NASB but hopefully they a managing the costs in the rest of the business a whole lot better.

[diku] 09/8/2024 13:30

Nah...driver took foot of the pedal...

[jsg123] 09/8/2024 13:20

You are the prophet of doom.

[diku] 09/8/2024 08:24

Bus driver on the pedal again?...

[jsg123] 08/8/2024 13:36

200k shares at about 85 having averaged down several times.
There is no denying that this current ceo has been a disaster for all shareholders.
Profit warnings, excuses around driver shortages in the US, and about bad weather snow days used in our only update this year in April, dividend fiasco, onerous contracts, not recognising/ acting quickly enough to, that the hybrid bond will need repaying or refinancing by mid 25, even shorts increased at 52 on Tuesday, I assume they're betting on a delay or further excuses.
New board needed urgently, 4 years is enough, everyone's over and recovered from covid now, FFS.

[diku] 08/8/2024 13:24

Post 1332...make that hunch a reality please...

[diku] 08/8/2024 13:23

You must be in deep waters...

[jsg123] 08/8/2024 13:17

And to add I'm long and well underwater

[jsg123] 08/8/2024 13:08

I'm afraid the market reaction or lack off to any positive macro, the months upon end if radio silence, the consistently disappointing updates with new excuses every time, lead me to conclude that under this ceo since 2020, this company is one disaster after another. Shambles

[socionomics] 08/8/2024 12:17

Appreciate the results of your analysis.

[jsg123] 08/8/2024 12:04

My hunch is they won't release the HY results on 21st August, and there will be more problems uncovered by the new cfo, and they will make excuses about snow days or some other BS from earlier in the year, promising yet again jam tomorrow. Zero confidence in management