Mobico Share Discussion Threads

[waldiman] 27/2/2009 19:28

The Chief Executive Richard Broker was on Working Lunch today.

Check it out on BBC iPlayer

[decoy] 27/2/2009 15:33

and yet the price falls on good news - why - this has been falling for too long.

[nigel_man] 27/2/2009 12:12

Good news, guaranteed extra income ECML.

[bathargyle] 27/2/2009 12:09

I guess the price is now going up after Rail Regulator was just making the annoucement on its decision on East Coast Main Line - hopefully good news for NEX!

[bonzo1] 27/2/2009 11:51

back above 240p in a falling mkt, hopefully dow will give it a furtehr push. Seen any mention in press, if so - please post. thanks

[nigel_man] 27/2/2009 11:44

Big buyer in the market at the moment, maybe directors? cosman? should get an announcement in a couple of days.

[bookbroker] 26/2/2009 17:13

Market probably worries about ex chairman having to dispose of holding in the event of all those loans he's taken out against his holding in NEX + others.

[bonzo1] 26/2/2009 10:15

CONTINUING REVENUE UP 5.9% TO £2,767.0 MILLION (2007: £2,612.3M)

NORMALISED OPERATING MARGIN IMPROVED TO 9.2% (2007: 8.1%), EXCLUDING
discontinued operations


STRONG FOCUS ON CASH MANAGEMENT AND DEBT REDUCTION, SUPPLEMENTED BY REBASED
dividend,


BOARD HAS DECIDED TO REDUCE THE FULL YEAR DIVIDEND TO 22.72 PENCE PER SHARE,
recommending a final dividend of 10 pence per share


Seems very good considering how much these have been hammered. Back below 240p again, buy buy buy

[empirestate] 26/2/2009 08:56

looks like a decent recovery play

[bonzo1] 26/2/2009 08:38

buying a lot more at 242p. 10% div yield after cut, cost saving - director buying a few weeks ago, at much higher price. Fallen far too much and will recover quickly. Very illiquid though, anyway trebling up!

[armistead34] 26/2/2009 08:31

Divi cut by 40%. But at first view, this looks stronger than market anticipated. Let's see!

[nigel_man] 26/2/2009 08:27

v.good set of results in the curent climate and no rights issue in 2009. We should see a good retrace from here. DOW permitting.

[themoreiseeyou] 26/2/2009 08:13

Still pays a dividend, no rights issue, loan extend until September 2010, cost savings over the next year 100million reducing the amount to be refinanced significantly... There are negatives but they have been grossly of=ver stated in the performance of the shareprice over the last few weeks.
It will be interesting to see if directors put their hands in their pockets.

[jas_ron] 25/2/2009 21:08

whoops! hope tomorrow brings some much needed cheer, the shares of this dog have fallen off a cliff and to see that a director spent millions only a few weeks ago. am nursing a big loss too but not quite the million or so the big wig has!

[nigelbarker] 25/2/2009 09:28

National express Coach Service 787 Heathrow to Cambridge 8.15 walking the dog
coach passes with 1 passenger on it !
BAA results today surely cannot reflect the latest passenger nos

[shammytime] 25/2/2009 09:18

Looks like this is going to enjoy a nice run today - let's see what tomorrow brings us with the results!

[bonzo1] 24/2/2009 10:14

220p rediculuous - hope thursday brings some much needed good news

[nigel_man] 24/2/2009 08:34

My view is that he is closer to the spanish market, and can see some developments there which will be revealed in the results. Only clue we have is in the pre close update:-

Spain

Demand for coach travel in Spain has been steady, despite the slowdown in the Spanish economy, with underlying revenue growth in the year to date of 5%. Overall, long distance revenues have been strong, supported by a decline in some 'no frills' airline competition, and urban demand has also remained good. Although revenue in some regional services has been lower, the impact has been offset by the overall translation benefit from the strong Euro.

The successful integration of the Continental Auto acquisition continues to support our robust market position. We have also been successful in renewing and extending a number of our franchises and in winning new franchises in competitive tenders.

[themoreiseeyou] 23/2/2009 17:59

Does anyone think that Jorge Cosmen knew about the apparent difficulties that NEX might face in the next few months. I am still at a loss as to why he should spend so much money £7 million pounds on shares at such a time. he has lost about 3.6 million pounds in less than 10 weeks.

[nigel_man] 23/2/2009 11:34

The big boys make their money trading on fear, they have until thursday to do their very best. Stagecoach and Nex have all been reporting on 10%+ yoy increase in Bus passenger numbers: SGC interims 03/12/2008:

Highlights

- Strong first-half results - adjusted earnings per share* up 29%
- Interim dividend increased by 33% to 1.8p per ordinary share
- Group in good shape to withstand challenging global economic conditions
- Strong balance sheet enabling further investment for growth
- Continued targeted capital investment
- Shortlisted for South Central rail franchise
- Challenging 2009/10 outlook in UK Rail
- UK Bus revenue still growing strongly - up 11.8% (like-for-like* growth 9.2%)
- Like-for-like* UK Bus passenger volumes up 4.1%: marketing, fleet investment, good value fares and concessionary fare schemes
- Growth in revenue and operating margin in North America
- UK Rail revenue up 50.7% (like-for-like* growth 8.2%)

Virgin Rail Group poised for significant increase in services.

[themoreiseeyou] 23/2/2009 11:05

I still would like to know what was behind the thinking of Jorge Cosman when he spent £7 million pounds on shares less than five weeks ago? And the Prudential, com to think of it.

[shammytime] 23/2/2009 10:29

It's quite sad to see NEX going down this route. Is it on the verge of driving off the cliff?

I hope not. Might well be worth a punt at these levels surely...

[nigelbarker] 23/2/2009 10:21

I keep looking at the 787 bus coach service Cambridge to Heathrow via luton
every morning as i walk the dog. For the last month or so there have only been
2 or 3 passengers on the coach as it passes through. Today the coach at 8.15
had No passengers on its journey towards Heathrow.
This says a lot about the plight of the busines and what BA Virgin Quantas must be quietly suffering as well . Normally in the good times this 787 route would have
a good 25 passengers both way as it passes through.
The passenger traffic figures for the airlines must be really quite horrid