Mobico Share Discussion Threads

[mr gann] 23/4/2010 08:48

National Express looks to be BREAKING out of the £2.48-9 resistance area IS THE BID OR MERGER COMMING?

[keifer derrin] 23/4/2010 08:33

winston270 I agree with you, but I also think that the next goverment will have an impact - if labour get back in there is no way they will give NE any new fanchises - after the east coast fiasco......

[winston270] 23/4/2010 08:30

Mr Gann, I like your thinking but £5+ would value National Express at £2.5 Billion + which is a tad optimistic me thinks. The Arriva deal was at an approx 30% premium. Therefore if a bid/merger proposal was forthcoming I would have thought somewhere between £3.25 - £3.50 would be more realistic. Don't forget NX still carries more debt than most of its peers

I still standby that Stagecoach are plotting something, if a bid/merger proposal is forthcoming it could well re-ignite First Groups interest, after all if was First that first expressed an interest in when NX when it was struggling under its debt mountain....

[mr gann] 23/4/2010 07:55

After the take over of Arriva is National Express next?What price will the bid come in at? £ 5 plus.

[mr gann] 22/4/2010 10:09

Looking like a chart break soon with a BID /MERGER

[winston270] 21/4/2010 15:52

Scorpione,

I think any bid/merger proposal from Stagecoach may well re-ignite First Group interests in National Express.

I still think a combination of First & National Express makes a much better fit than with Stagecoach, First & NEX have much less overlap in UK bus and I believe there could be more cost savings savings achieved by combining the US school & UK bus businesses etc

The question now is if a new bid is coming, how far away is it? With DB close to acquiring Arriva it could be sooner rather than later. If Stagecoach or First don't want to get swallowed up by another European transport group

[scorpione] 21/4/2010 14:11

Winston - Quite a possibility as previously discussed. Strengthened up by the fact that Dean Finch is on a golden parachute of £1 / £2 Million (can't remember the exact figure quoted) if he sells the company within the next 2 years.

[winston270] 21/4/2010 10:50

Came across this article re Brian Souter, I wander with the Phil White recruitment whether Stagecoach are going to have another attempt at merging / taking over National Express in the not too distant future,



What's anyone's thoughts?

[mr gann] 21/4/2010 09:13

Looks like its heading towards the £2.60 area for a chart break out.Planes flying again and a possible BID at any time.

[winston270] 20/4/2010 22:08

Hi All,

Does anyone know whether the NT trade that went through at 14:16 @ 240p 1,256,970 shares was a buy?

I'm assumming the 500,000 delayed trade a close was also a buy

[scorpione] 20/4/2010 16:31

Allright Mr Gann!!!! You have made your point, are you trying to ramp this one up? I don't think that you need to do that, the fundamentals of this company speak for themselves.

[mr gann] 20/4/2010 16:13

Its a PRIME TAKE-OVER TARGET. BID £5 PLUS more talk of a bid in the bus/train sector.

[mr gann] 20/4/2010 07:34

Its a PRIME TAKE-OVER TARGET. BID £5 PLUS more talk of a bid in the bus/train sector.

[mr gann] 19/4/2010 10:31

Its a PRIME TAKE-OVER TARGET. BID £5 PLUS

[mr gann] 19/4/2010 09:08

Its a PRIME TAKE-OVER TARGET. BID £5 PLUS

[mr gann] 19/4/2010 06:18

I agree but this is next for a Take over,the bid tomorrow for Arriva should lift NEX.Keep holding a BID will come.£5 plus

[mr gann] 18/4/2010 10:40

I agree but this is next for a Take over,the bid tomorrow for Arriva should lift NEX.Keep holding a BID will come.£5 plus

[willbadragon] 18/4/2010 10:33

Is the cessation of airline movement a good or a bad thing for Nat Ex?

Its web site talks about putting on extra services (where required) which is good but obviously a lot of its trade is to and from airports which is bad.

Anyone got any ideas?

[mr gann] 18/4/2010 10:31

ARRIVA IN 1.6 BLN BID. DEUTSCHE BAHN, the state-owned German transport group, is poised to make a £1.6 billion swoop on Britain's bus and train network.

It is close to finalising the takeover of Arriva, the Sunderland-based group that is one of Britain's biggest operators of public transport.

The Deutsche Bahn board meets to approve the bid this week. An agreed takeover is expected inside a fortnight.

Bankers say the move could trigger a round of transport deals across Europe. Legislation is forcing the market to open up, leading to a land grab by the big players.

Related Links
French gatecrash train bid
Arriva will hold on to CrossCountry franchise
Arriva is the UK's third largest transport company - only Stagecoach and First Group are bigger. It runs 20% of London's buses and the Cross-Country and Wales rail franchises. It is also a significant player on the Continent, with operations in 12 countries. It employs 44,000 people.

Deutsche Bahn has been in detailed talks with the group since making an approach last month.

It has conducted extensive due diligence, and City sources expect it to table an offer of between 750p and 775p a share, valuing the British group at £1.6 billion.

Shares in Arriva closed at 736½p on Friday, 3% below its 52-week high of 762½p.

The move, which has the backing of the German government, is seen as a serious attempt to beef up Deutsche Bahn's profile as it seeks to attract investors ahead of an expected stock-market listing in Germany next year.

Public transport operators across Europe are attempting to build up scale in responsore to the dergulation of transport markets.

Cash-strapped local authorities are putting more bus services out for tender, and state-controlled rail businesses are being privatised.

The Germans had been expecting a takeover battle with SNCF, their French state-backed rail rival, which analysts say has lagged behind Deutsche Bahn on the international stage.

That now looks unlikely. It is thought that SNCF has dropped out of the running after deciding it cannot afford to bid. It had failed to attract support for the idea from the French government.

Before Deutsche Bahn's approach, SNCF had been in talks with Arriva about a merger of some operations. Sources said the talks collapsed in January because SNCF wanted majority control of the combined businesses.

Arriva is one of the few transport companies to have built a pan-European presence. It did this piecemeal, bidding for local authority contracts and franchises as they came up. The company's mainland European division reported £1.4 billion in revenues in 2008.

Deutsche Bahn was created in 1994 through a merger of the rail arms of west and east Germany. It is one of the largest transport groups in the world, and the biggest railway operator and infrastructure owner in Europe.

It has 239,000 employees, carries about 2 billion passengers a year and posted 2009 revenues of €29 billion (£26 billion).
Is National Express next in line for a BID.

[mr gann] 16/4/2010 07:51

The BID could come at any time.What price ? £3.50-£4 plus

[mr gann] 15/4/2010 14:36

CHART BREAKING OUT!!!!! Get on the Train.

[mr gann] 15/4/2010 08:50

CHART BREAKING OUT!!!!! Get on the Train.

[3gordon] 29/3/2010 15:50

Would anyone know if you can contact the board direct when you have a complaint about the company ( not shares )going through the normal channels is just a waste of time,if yes,would anyone have the email or other address
Regards

[sussexseagull] 24/1/2010 15:28

I took up my rights as it seemed a good idea to me.

I bought NEX at 332p many years ago, and have almost got back my original investment by way of dividends.

Have I told you that I increased my holding in Stagecoach (SGC) at 55p and 27p when they 'were about to go bust'?

Ah well, buy NEX at 350p+ Phillis.

:-)