Mobico Share Discussion Threads

[ny boy] 26/11/2020 23:04

Ready to add more soon, nice pull back

[2603] 26/11/2020 19:33

Netcurtains, Thats correct, whats your point? It has to work off its over bought condition before it can move higher. The Long term chart is showing a large cup and handle, the handle could take around 2-3 weeks of consolidation and could drop 20-30% from its high of £2.50. That is why I am looking to top up in this area. This is in my opinion. I am not a short term trader or day trader, I like to hold my stocks unless they go up very quick and theres a good profit to be had then I will reduce my holdings and look to buy back on dips.

[netcurtains] 25/11/2020 18:56

2603: Just a few posts you said:
Looking very good on the chart for long term.
....... I will be looking to top up around the £2.10-£2.20 area. Thoughts and feedback would be good

[2603] 25/11/2020 18:52

This is playing out as I expected I took out half my holdings until the handle has been made on the chart. It has now made a lower high so I do see a drop back into the £2.00 possibly 1.90 area where I will start to buy back.

[leedslad001] 25/11/2020 16:28

After rise some profit taking and rotation into stocks that have not gone up as fast. ROL for one

[netcurtains] 25/11/2020 16:17

whose taken the wheels off the bus?

[netcurtains] 25/11/2020 15:21

Thanks for the info NY Boy: I tend to hold for a couple of months - a sort of relaxed active investor - if story still looks good two months down the line I often hold for longer. .

[ny boy] 24/11/2020 15:31

Net curtains, I often buy multiple stocks to trade but always keep a chunk for a long term core hold in each, certainly this year has been one to weight heavily on long term core hold builds.

Certainly very good markets for the next 3-6 months + imo

I often add to the core holdings on decent pull backs

GL

[netcurtains] 24/11/2020 10:00

Certainly seems OK.

NY Boy: You dont seem the sort of 2 to 5 year hold type of trader.
I like to buy for a month or two - I thought you were similar.

[ny boy] 20/11/2020 09:03

added on this pull back 226p, all for a 2-5 year hold

[2603] 19/11/2020 17:09

Its pretty well over bought at the moment, so we should see some lower highs and lower lows whilst it works off this at the same time drawing in the handle. Good luck all.

[anony mous] 19/11/2020 15:17

Another big buy order.Someone buying large chunks.Maybe another wave up soon?

[simmsc] 18/11/2020 23:38

Id never heard of a cup formation before. I had to Google'd it and you're right. Just beginning to draw the handle now. Thanks for the educational post.

[leedslad001] 18/11/2020 12:22

Agree good post

[2603] 18/11/2020 11:43

Looking very good on the chart for long term.from the middle of July to November its just broken up from a small cup and Handle which I stated in the past. Its now made a very large cup from Junes £2.50 to novembers £2.50. I am looking for it to consolidate for the next month to make a nice handle before it reaches pre-covid prices. For a well managed company, good set up for recovery, positive news coming out and a great looking chart, this a most deffo. buy on the dips. Having got in around the £1.20-£1.40 area I will be looking to top up around the £2.10-£2.20 area. Thoughts and feedback would be good.

[leedslad001] 18/11/2020 11:27

400000 just bought @235 some large buys coming through today

[spawny100] 18/11/2020 10:46

Textbook reverse head and shoulders just played out on the chart here last few months.

[leedslad001] 18/11/2020 10:44

Bought @ 9:39

[leedslad001] 18/11/2020 10:43

1 million shares bought 239 somebody stake building

[leedslad001] 18/11/2020 10:19

Sorry for off topic but any pointers to make money is welcome

[leedslad001] 18/11/2020 10:18

Had a look through ROL looks more upside than down next 12 months so have joined you today

[leedslad001] 18/11/2020 09:47

A period of consolidation now after the large rise get rid of a few traders for couple weeks then onwards and upwards

[purchaseatthetop] 17/11/2020 19:00

Details on the RNS":
The Ba1 rating assigned to the Hybrid Notes is two notches below National Express' senior unsecured rating of Baa2, reflecting the features of the Hybrid Notes, which are perpetual, deeply subordinated, and National Express can opt to defer coupons on a cumulative basis.....therefore NEX can accumulate interest without default...sort of payment in kind bonds.
National Express' senior unsecured rating of Baa2 remains weakly positioned and reflects Moody's expectations of pressure on the company's revenues, EBITDA and operating profit as a result of reduced travel in the wake of coronavirus, as well as the related overall slowdown in the economic activity....therefore NEX faces challenges...but:
National Express' credit profile is supported by (i) over 60% of contracted and concession revenues not dependent on passenger demand; (ii) a range of material support from various national and local governments for a critical service National Express provides; (iii) its diversified geographic presence, with significant revenue and operating profit contributions from the USA, the UK and Spain; (iv) ample liquidity; and (v) its conservative financial policy....so challenges are dealt with.
The proposed hybrid issuance will help National Express address its upcoming maturities in 2021 including GBP300 million under CCFF, GBP71 million private placement, and GBP81 million bank loan. In addition, almost GBP290 million of undrawn revolving credit facilities will expire in 2021.....so covers liquidity issues right now....but
National Express benefits from ample liquidity including GBP576 million of cash at 30 June 2020, GBP782 million of undrawn available revolving credit facilities and GBP300 million further availability under the Coronavirus Corporate Financing Facility (CCFF) provided by the Bank of England....so plenty of cash in any case.
Moody's could revise the rating outlook to stable once there is greater clarity with respect to a recovery in passenger travel demand. Although not currently anticipated, a rating upgrade could occur if the retained cash flow/net debt ratio was above the mid-twenties in percentage terms and FFO interest cover was over 7.0x, both on a sustained basis...so nothing new.
Anyway...hope that helps.

[purchaseatthetop] 17/11/2020 17:49

I LOVED that post by Porsche....to get the timing just so right in bailing out and then telling everybody exactly why.....precisely at the moment when the wind shifted 180 degrees. Priceless....
NEX is a strong world class company and has miles to go. I started buying at 125p and have added all the way up (and down on dips) six or seven times. Now is 50% of my portfolio and will remain so.
Still trying to work out exactly what the new RNS means. Hybrid non-diluting refinancing....hmmmnnnn....
Happy with the small dip today as the previous huge jumps mean that we can expect dips. Probably a few more over the next few days as it draws breath. Then another burst up to 300p.
GLA and obviously this is all my view only and make your own minds up.

[undervaluedassets] 17/11/2020 16:03

Has anyone looked at Rotala (ROL)? Like NEX but in miniature. Put out a very decent statement yesterday. conservative and sensible management.

Yes I hold and yes I am ramping (a little). I think it looks promising. DYOR

Anyhow please excuse the off-topic.