Mobico Share Discussion Threads

[buffettjnr] 23/1/2023 11:39

the sound of the RNS is positive. No way they will raise cash so a rights issue is off the table. Dividend will be announced at year end. Between now and March is the time to accumulate this stock while the idiot who runs Tellworth keeps shorting

[xvzc] 23/1/2023 11:27

Yeah, it's just that at this rate we'll be lucky to finish flat for the day. What are the chances that the market has it all wrong?

[dope007] 23/1/2023 11:22

10 years contracted work is a significant and positive change plentymorefish when it was previously only temporary

[porsche1945] 23/1/2023 10:07

What a hopeless dog of a share this is.

[plentymorefish] 23/1/2023 09:51

‘Just guaranteed to continue for 10 more years’……so no change then….lol

[winston270] 23/1/2023 09:40

NX have already been operating those contracts for nearly a year on an emergency contract basis, so it will have little affect on group turnover & profit, just guaranteed to continue for 10 more years.

[milliecusto] 23/1/2023 09:33

Also Rns states more to come, superb

[milliecusto] 23/1/2023 09:24

Great Rns, expect now quick ascend to 200p plus

[diku] 23/1/2023 09:02

Lot of price catching up to do...

[dope007] 23/1/2023 09:00

Sellers ignoring the news to continue bailing. May add a few more to my ISA if they continue to drag it back down

[casholaa] 23/1/2023 08:46

What a great way to start the week!

[buffettjnr] 23/1/2023 07:44

Doesn’t sound like a CEO who has had his share price halve

[whites123] 23/1/2023 07:39

Nice Euro 1 Billion contract award this morning... :-)

Let the little piggies strike, they need to balance up what they will gain against what they will lose.


RNS Number : 4659N
National Express Group PLC
23 January 2023

23 January 2023

NATIONAL EXPRESS GROUP PLC



€1 Billion German Rail Contract Award



National Express Group PLC ("National Express" or the "Company"), a leading international transport provider, is pleased to announce that its National Express Rail GmbH business has won a contract worth €1 billion over the lifetime of the agreement to operate the RE1 and RE11 Rhein-Ruhr-Express ("RRX") lines in Germany to 2033.



The Company took over the operation of the two lines in February 2022 through an emergency contract award, successfully mobilising in a short timeframe.



Following this new contract award, National Express now operates all three asset light RRX lots under long term contracts. Alongside our Rhine Munster Express operation, this allows us to unlock operational synergies, and cements our position as the trusted operator in the region.



The award of this contract establishes National Express as the second largest rail transport company in the region, delivering an anticipated 20 million train kilometres in 2023.



Ignacio Garat, National Express Group Chief Executive, said: "To have secured this contract on the back of an emergency contract award is testament to our operational excellence and the strength of our proposition in Germany. It is also clear evidence of our Evolve strategy in action, and we look forward to making further progress in realising similar asset-light opportunities across the Company."





Enquiries:



National Express Group PLC

Alison Cole, Group Corporate Affairs and Sustainability Director

[phone]

Louise Richardson, Head of Investor Relations

[phone]



Headland

Stephen Malthouse

[phone]

Henry Wallers

[phone]

Matt Denham

[phone]

[casholaa] 20/1/2023 12:40

It's not the 'sell', the question is wtf is the seller going to put that £4m?!?!

[ashwani01] 20/1/2023 12:33

What's that 1,823,000 trade at 130.2 ?

[casholaa] 19/1/2023 22:27

Greedy piggies.

[diku] 19/1/2023 20:49

Strikes galore out there...

[winston270] 19/1/2023 20:46

NXWM Bus Engineers have voted to strike:
hxxps://www.unitetheunion.org/news-events/news/2023/january/west-midland-s-national-express-engineers-to-strike-over-pay/

[bookbroker] 19/1/2023 16:26

Need to either cut services and raise pay, or even better get out of UK bus!

[casholaa] 19/1/2023 15:55

...and driver shortages. Possibly grease monkey shortages too.

[bookbroker] 19/1/2023 15:54

Clearly strike action weighing on this!

[jsg123] 19/1/2023 12:35

68 million FCF at half year

[buffettjnr] 19/1/2023 12:07

How much cash is it generating?