Rotala Share Discussion Threads

[dosser50] 04/1/2023 23:08

Nicecloseprice

[xxx] 04/1/2023 19:46

Manchester did not work out as expected and whilst time was lost, they did not lose money.
I bought in during covid as it is conservatively managed, with sound finances and a number of small but decent acquisitions. The dividend represents the management's genuine intention imv, so I'm happy to be aboard.

[mattjos] 04/1/2023 15:43

32 month daily high

[rolo7] 03/1/2023 20:43

Tightest spread here I have seen, hope board are keeping eye out for takeover opportunities

[dosser50] 03/1/2023 14:48

35.98. Close to 6.

[rolo7] 29/12/2022 15:45

If and when this breaks out of 36p rol going to fly, debt reduction might have to wait to sept23 for deal to be finalized

[dosser50] 28/12/2022 08:30

Good buy if you can get them at a low enough price

[andydaf] 23/12/2022 19:19

Thanks Winston,think i will buy a few more wednesday morning.A better outcome than expected at Manchester and i am going to gamble we pick up more work in the west midlands going forward.As always GLA

[dosser50] 23/12/2022 18:55

Cheers for the info Winston

[winston270] 23/12/2022 15:36

Dosser50 - Because Rotala were waiting for Andy Burnham to announce the winners of the first tranche of franchises in Manchester first, before they could release their RNS. The Manchester announcement was meant to have been Fri 16th Dec, but there was a weeks delay for some reason.

Andydaf - Rotala have picked up extra work in the Midlands from 1/1/23 & rationalised some competing commercial services between themselves & NXWM. I agree the loss of Bolton depot reads much better than I was expecting, as does the reduction in group revenues with the 7 small franchies in Manchester they have won + extra WM work. If the Government do pull the BRG support from 31/3/23, NXWM are threathening to reduce their mileage by another 8% which is circa 100 buses worth of work, there may be more opportunities for Rotala in the WM if that happens.

DBNW are also building a new larger purpose-built depot to replace the current Eccles depot & operate the new smaller franchises from:

hxxps://www.diamondbuses.com/news/dbnw-greater-manchester-franchising-awards/

[c3479z] 23/12/2022 15:30

lots of moving parts in the business but the reduction in debt and increase in passengers are welcome, have to hope they're successful in some of their other franchise bids. Can offload the older bus fleet while purchasing new vehicles.

[andydaf] 23/12/2022 14:41

Unless i have missed something that was a better update than i thought it would be.Back to 95% pre covid levels of customers.Circa 30 milllion for 23million of book assets.Trick now is for us to pick up extra work in the midlands.Dare say we will see what the market thinks on wednesday.A good xmas to all

[dosser50] 23/12/2022 14:31

News released after market closed. Why not at 7am I wonder?

[winston270] 23/12/2022 13:11

Trading Update & Business Developments in Greater Manchester and the West Midlands:



Go-Ahead Group have won both the new TfGM Bolton & Wigan Franchises

[dosser50] 09/11/2022 14:44

Holding up well.

[andydaf] 07/8/2022 06:33

Midland classics is a good operation and comes at a reasonable price.I see plenty of other regional operations in trouble such as the demise of yellow buses in bournemouth and other sizeable operations weakoned by covid and the slower than expected return to passenger numbers becoming available to Rotala.Long term bus operations should be a growth business so as management have said this could be an opportunity to grow the business into a sizeable player.Management here are bus men first and foremost and i believe that puts us at a great advantage over other companies run by accountants.As always GLA

[dosser50] 04/8/2022 09:34

Nice acquisition

[davidosh] 02/8/2022 17:32

Thanks....every little helps.

Do we all see the buses as pretty much back to normal post pandemic now?

[winston270] 02/8/2022 16:39

Davidosh,
Rotala only operate a handful of services within Birmingham, they have a bigger presence in Sandwell & The Black Country

[davidosh] 02/8/2022 12:12

The buses in Birmingham will be busy for the Commonwealth Games

[dosser50] 02/8/2022 08:10

On the up again.

[dosser50] 28/7/2022 12:00

£380 divi suits me

[dosser50] 28/7/2022 09:17

Good results going forward and a good divi yield over the year.