Mobico Share Discussion Threads

[call-logger] 23/2/2009 02:15

So another reason for holding these shares might be that they're going to go up 60% in 5 days?

nigel_man - 22 Feb'09 - 22:41 - 99 of 100

The only reason...

[nigel_man] 22/2/2009 22:41

The only reason anyone would want to hold these shares at present in the face of rumours pertaining to a rights issue, is for the much anticipated dividend. If it is maintained, then we are looking at a yield of 13%+ at the current share price level.

Personally, I think they'll mantain the divi, and decide on any rights mid-year, once the effects of recent interest rate cuts, HMG negotiations on the routes, and other stimulus packages have had the chance to work there way into the economy. As such, I think come thursday, on a good set of figures as expected by most analysts, we'll see very strong demand for these shares. They could be back to £4 before the week is complete. I sense an opportunity.

[themoreiseeyou] 21/2/2009 10:03

yf23_1

T(capital letter)hat should be the bad punctuation club.

[yf23_1] 20/2/2009 14:54

that would be the bad spellers club ?

[themoreiseeyou] 20/2/2009 14:26

Join the club rob.

[robwoodt] 19/2/2009 13:37

i was tempted in at 5 quid and now where here!

[dawntrader] 18/2/2009 14:21

Some very very wierd stuff going on here ... we have been down to 259 and then back up to 280 ..today .. no news or anything .. 13 FEB 3.20 and today 2.59 .. thats a big swing on no news... cant figure it out at all .. ah well

[dawntrader] 17/2/2009 14:53

Dont see who we can have a big spike up last week and now a big spike down .. well some kind of downward movemment given the general market conditions... but even so .. to go from 320 on Thursday to where we are today on no news etc.. seems a bit strange to me .. think it is still going to be some time before equities are going to be fashionable again.

[gnnmartin] 17/2/2009 14:14

Looking at last year's report, I see that the currency movement has cost NEX about £250m, though as NEX says, their overseas assets should be worth more... except that nothing nowadays is worth more than a year ago! Also, they had a £216m euro loan in the last AR repayable this February (though with an option to extend for one year). I guess that is nearer £260m now. Perhaps the discussions about extending are what is leaking fear into the share price.
Nigel Martin

[gnnmartin] 17/2/2009 13:21

I've been watching these for some time, and finally bought a few. I wonder if Ross is being pressured to sell a few of the 3m he pledged against bank loans (if I remember correctly).

I was interested to read (quoted on this BB) that growth was expected to be flat on the East Coast line. I've traveled on it only 5 times in the last year, but each time there have been dozens of poor fellows standing in the aisles.
Nigel Martin

[nigel_man] 17/2/2009 13:02

"The Group is approaching the end of a period of significant investment for the future and, underpinned by a decline in capital expenditure, we are focused on delivering strong cash generation in 2009."

I don't think they meant from Shareholders....so i'm not convinced about a rights issue.

[nigel_man] 17/2/2009 12:45

just shorting speculators ahead of results, should see a sharp retrace next week, at this level jorge could make an outright bid.

[themoreiseeyou] 17/2/2009 11:44

To what end. He could have done that last week? Or have I missed something?

[robson1974] 17/2/2009 10:53

positioning ahead of the upcoming rights issue?

[bonzo1] 17/2/2009 10:49

recovered 5p from low, looking overdone?

[themoreiseeyou] 17/2/2009 10:12

I would really liked to have been inside the head of Jorge Cosmen when he invested 7 million pounds jus under a month ago. Also what was the thinking behind the Prudential latest round of heavy investing in this stock in the last few weeks.

[dawntrader] 17/2/2009 09:33

WOW glad I closed out everything on the Friday sell off to protect the bit of profit I made... just dropped through the floor today.

[dawntrader] 13/2/2009 15:02

Here comes the Friday sell off ...

[dawntrader] 13/2/2009 12:11

yeah .. lovely .. bought some in paper yesterday .. and a spreadbet too .. so very nice little earner so far. good luck all longs.

[bonzo1] 13/2/2009 11:54

nice recoveruy in last few minutes..... 314-316p

[artfullfox] 12/2/2009 17:03

I am in to, for the long journey.

[dawntrader] 12/2/2009 16:24

Well this one has hit my radar .. so I am in for a long .. good luck

[armistead34] 12/2/2009 14:56

'What on earth is going on here? Staggered that we're at this level'

Trying to form that double bottom imho.

[themoreiseeyou] 12/2/2009 13:44

Am i right in assumiong that the Prudential have nearly doubled their holding?