Mobico Share Discussion Threads

[xvzc] 10/6/2023 18:49

Cause and effect. It's not the bottom until it's been retested. I see no reason for a 4p bump on monday. I'd settle for a slow and well supported rise up to 140p over the next 4 weeks into the update.

[s34icknote] 10/6/2023 08:54

Over 80% of Group debt is at fixed interest rates. As previously communicated, we have already put in place a bridge-to-bond facility in respect of the GBP400m bond due November this year. We expect incremental annualised interest costs from this bond refinance to be in the region of GBP12m. As we manage the currency profile of our debt to match the currency in which EBITDA is generated, our covenant leverage is not impacted by currency volatility. We continue to see a clear path to debt reduction, which remains a priority, and we expect to be close to our target covenant leverage range of 1.5x to 2.0x Net Debt to EBITDA by Q1 2025.

[s34icknote] 10/6/2023 08:52

UK & GermanyIn the UK, revenue grew by 27% on Q1 2022Scheduled coach revenue was up 87% on the prior year, reflecting the recovery from the Covid related network shutdown in prior year and the impact of the rail strikes in the UK. During the quarter, the business was impacted by the now settled UK Bus drivers' strike, and the associated pay settlement. Whilst that pay settlement was higher than expected, we are working internally, and with our partners Transport for West Midlands (TfWM), towards mitigating the impact of these and other cost increases.

[s34icknote] 10/6/2023 08:52

Update trading was in April 13 to 33 percent revenue growth . Clear path on debt reduction to 2025.

[navigo] 10/6/2023 01:21

Has anyone noticed how many directors bought at the absolute bottom around 1.06

"Director/PDMR Share Purchase

The Company has been notified by Helen Weir, Ignacio Garat, James Stamp and Simon Callander, who are persons discharging managerial responsibilities ("PDMRs") of the Company, of the below detailed transactions effected on 31 May 2023 and 1 June 2023 relating to their respective interests in the ordinary shares of nominal value of 5 pence each in the capital of the Company ("Shares")"

The phrase "dip your bread comes to mind". Hindsight can still be invaluable for us

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Late Friday afternoon the spread was exceedingly tight.

Expect a 4p jump on Monday ?

[poolies3] 09/6/2023 10:14

Half year results 27th July
Hopefully a steady climb up till then

[wallywoo] 09/6/2023 09:48

Anyone know when the H1 trading update is coming? They announced around this time last year.

[s34icknote] 09/6/2023 09:09

Heavy buying this morning !

[s34icknote] 08/6/2023 17:18

Perhaps there closing !!

[buffettjnr] 08/6/2023 17:03

Two huge short positions. GLG and Systematica. Personally I hope they both get roasted.

[s34icknote] 08/6/2023 16:48

More large buys !Is there any short position in this ?

[s34icknote] 08/6/2023 14:09

Two one million buys gone through Is this finally turning ?

[warrenbuffet73] 08/6/2023 11:34

NEX and Currys, share prices on the floor, profit making and cost savings gaining moment. Number one in many markets.

I’m in both, if one gets snapped up for double the current share price I’ll be happy

[dope007] 08/6/2023 11:09

Don't worry this and FGP will be sold off and shorted tomorrow as is the way with the UK mkt

[xvzc] 08/6/2023 11:09

It'll be interesting to see what the post 2pm hammer time brings.

[xvzc] 08/6/2023 09:29

FGP goes straight to the top of the leaders board. That's some pop.

[warrenbuffet73] 08/6/2023 09:06

Read across . Up 15% and we benefitted more from the strikes. Uk passengers up 20% helped by max £2 fares. Think we’re about to rise again

hxxps://www.cityam.com/firstgroup-smashes-profit-forecasts-on-the-back-of-strong-demand/?amp=1

[xvzc] 07/6/2023 12:36

Is that a rollover at mid?

[bigdazzlerreturns2] 06/6/2023 09:11

Well I’m a buyer here at the moment.

[buffettjnr] 06/6/2023 04:16

US investor selling.

[diku] 05/6/2023 23:07

The scripted chart...up before midday then down down deeper deeper down to flat line...

[xvzc] 05/6/2023 15:33

I'd just like to see it not get sold off after 2pm. It did well on Friday.

[dope007] 05/6/2023 15:24

Same as the rest of the UK mkt