Mobico Share Discussion Threads

[sr2day] 02/9/2020 20:54

the balance sheet in a dire state and with no visibility on revenue for the last six months and next six future looks bleak .another rights issue in six months time will not surprise me.

[jock3636] 02/9/2020 20:47

Placing at 210Please elaborate on your expert price prediction

[sr2day] 02/9/2020 20:37

100p will be tested next week but 67 pence will be the bottom imo.

[creddy] 02/9/2020 16:24

Bargain. Nuff said. (unless there are structural issues that are not in the public domain). be laughing in 6 months. But for many investors (not traders), 6 months is a lifetime.

[rounder2] 02/9/2020 16:07

That's it , I'm calling the bottom ......107p

Then upwards

[andyj] 02/9/2020 13:34

No not me.

[essentialinvestor] 02/9/2020 13:33

Andy, are you the guy who used to post on Lookers back in the day
over on ii?.

[andyj] 02/9/2020 13:30

Taken a small position here as part of the recovery fund in my portfolio.

[essentialinvestor] 02/9/2020 13:00

SP is extraordinary volatile, rising by 110% in just a few days back end of March.

[ny boy] 02/9/2020 12:57

Yep, seat on the board soon :-)

I am comforted by the early cash raise and access to funding.

We boosted liquidity and secured GBP1.5 billion of new sources of funds since the start of the lockdown, including a GBP230 million Placing to strengthen our balance sheet. While unable to predict when pre-pandemic levels of demand will return we remain optimistic about the future as high quality, clean and green mass transit must be at the heart of the global recovery.

[essentialinvestor] 02/9/2020 12:56

You must be nearing a notifiable interest by now ).

[ny boy] 02/9/2020 12:54

Added another chunk @ 116p, happy to hold for 2-5 yrs Survive and thrive, should double post Covid, expect 200p + by this time next year, when we are all hugging and kissing again

[rounder2] 02/9/2020 11:35

Relentless

[paulof2] 01/9/2020 23:48

What a stupid comment it’s comments like that which often make me wonder if some of the people on these forums even look into the businesses they’re trying to deramp or are just plain stupid.

The uk makes up only about 21% of the groups revenue and you really think that a lockdown in Glasgow of all places which will have <1% of the uks operations i.e <0.2% of the groups revenue is contributing to a decrease of this scale?

If the drop was a few weeks / months ago when US cases were rising rapidly then fair enough that may make some sense given the importance of the US market on the group.

Just seems strange that the drop in share price seems to be accelerating despite the conditions in its main market improving, especially as schools reopen.

[jock3636] 01/9/2020 21:02

Glasgow starting to lockdown again tonight and you are questioning why it is still falling ?Are you guys buttoned up the back ?

[paulof2] 01/9/2020 20:30

They were climbing at a much more alarming rate during the early stages of the pandemic though..

The share is now at the lowest it’s been since the initial drop in March which seems strange given mortality reducing with improved treatment and schools reopening just round the corner. The situation was much bleaker at the start of the pandemic and the share was at more than double these prices back in April and also June.

[essentialinvestor] 01/9/2020 20:18

* COVID cases rapidly increasing in much of Europe the reason fwiw.

[paulof2] 01/9/2020 20:11

These prices really are starting to look like a complete steal. Can’t believe they’ve drifted down so much on no new news

[rounder2] 01/9/2020 14:06

Also possibly being " run down " by short sellers holding small position(s)

[rounder2] 01/9/2020 14:01

Minimum 250 p in 12 months . Good company and well run . Historic performance trends renew in time .

[rounder2] 01/9/2020 13:59

No need . Just raised @ 230p in May I think . Adequately funded . It's simply macro and sentiment and the strengthening £ that's hurting them . Look for this to recover quickly once US schools return .

[albanyvillas] 01/9/2020 13:32

rights issue?

[jock3636] 01/9/2020 12:57

Cannot believe how cheap this is but can see it going lower

[rounder2] 01/9/2020 12:47

Stupid price now . Can only go one way mid to long term . Massive buy