Mobico Share Discussion Threads

[diku] 13/4/2023 09:08

I assume that 101mln shares would have been bought by not just one holder...various stake holders...surely not all want out ...I understand propective buyers don't want to buy at this price so why is the holder/s selling then at a huge loss?...unless of course margin calls of some sorts...borrowed money when rates were low...insurance companies?...

[ashwani01] 13/4/2023 08:50

Perhaps this helps to understand the situation. Bearish overhang refers to a situation in which buyers are reluctant to purchase a certain asset, due to the presence of a large block of that asset that would cause prices to fall if the block were sold. The 101m bought at 227 is that 'large block'.

[scepticalinvestor] 13/4/2023 08:44

Such cultured eloquence. . . Is it feeding time in the zoo yet nutters?

[diku] 13/4/2023 08:23

Why would there be an overhang if new shares were issued at 227p?...with current share price being below 120p...nybody who wanted out would have sold out by now...

[scepticalinvestor] 13/4/2023 08:23

I expect a trading update end April

[wallywoo] 12/4/2023 11:49

The 101m new shares were issued at 227p in May 2020, (it was great thinking looking back to raise cash early in the pandemic). I believe that has created a over hang here. But the share does look (behave) like a value trap. I think we need H1 results and perhaps another trading update to change that.


In a nervous market, you don't need much to spook a share. Funnily enough, the last time I owned these was at this price point in October 2020. I jumped out too early then at 170ish. Won't make that mistake again and this time round we have the benefits of dividends. Bottom fishing though is a tricky game to play!

[buffettjnr] 12/4/2023 10:53

Wallywoo I appreciate your insights here. I think you are spot on. It is the way I see it too. Unfortunately I bought in at 130-140, so underwater.

[wallywoo] 12/4/2023 10:22

The share price behaviour is following the behaviour of a value trap. That is, the share price will fall even though it is paying a good dividend.


In my opinion, this is not a value trap. Earnings will show improvement in H1, and the group is well managed. It may take another 6 to 12 months but strength will return here, I believe. They did well to come out of the pandemic with only 20% more shares in issue, and now have a higher revenue than 2019. I think eps should creep higher over the next 2 years. Perhaps not a quick return to 33p per share of pre 2020, but up to mid 20's. That should rerate the shares to 200+ imho.

[diku] 11/4/2023 15:51

Normal service...gap up up open...then gians evaporate...

[wallywoo] 11/4/2023 14:39

Bgt in today. As you say 5p dividend and super value. I think this stock should have a good resilience to recession aswell. I am guessing there will be an interim dividend announcement in a few months. So will hold for a while. Don't really understand why this fell back after the euphoria of the early March results.

[xvzc] 11/4/2023 13:04

Easy come, easy go.

[parob] 11/4/2023 10:51

Would like a close above 145p before I get too excited.

[chester9] 11/4/2023 09:00

XD in 2 days, all aboard

[parob] 11/4/2023 08:17

Consolidated around 120p for long enough.Now it's time to move up.

[bigjock36] 11/4/2023 08:01

Shorts closing

[jameshendrix2023] 10/4/2023 16:35

Grab some Gst stock tomorrow morning chaps

[value viper] 10/4/2023 16:12

Reminding myself they did have a failed merger attempt with Stagecoach not that long ago ......

[diku] 05/4/2023 13:08

Small/mid size companies should consider merging with other company within sector...

[diku] 05/4/2023 12:55

No momentum...small rises are proving false sense of security within tiny/small caps...play is around mega caps only that is keeping indices at lofty levels...

[parob] 31/3/2023 15:14

Happy to keep nibbling down here. At some point the seller at this level will stop and we'll see a sharp move up imo.

[diku] 31/3/2023 12:12

120p magnet...