Rotala Share Discussion Threads

[battlebus2] 13/5/2014 13:48

Hi mintitan, a few sellers around today then.

I believe they have 27.26 liabilities.

current non current

borrowings 5.46 5.71
other liabilities 9.62 6.47
total 15.08 12.8 total 27.26.

[mintitan] 13/5/2014 09:49

Hello all. Can someone please advise what the company's net debt is? Couldn't see a clear explanation in the final results. Thanks!

[yamba] 12/5/2014 19:00

Reminds me of IME where a director recently bought a block taking him to 29% and the shares more than doubled within weeks.....fingers crossed!

[battlebus2] 09/5/2014 13:11

The AGM is to be held at the Company's offices at Beacon House, Long Acre, Birmingham, B7 5JJ at 12 p.m. on Thursday, 29 May 2014.

[battlebus2] 09/5/2014 12:58

Good to se you here C.M. The director buy is a real vote of confidence indeed and backs up my view these are cheap with a decent dividend into the bargain.

[cheshire man] 09/5/2014 12:55

I did join you here yesterday battlebus,,thanks for the head's up on your own thread :-)

[battlebus2] 09/5/2014 12:54

John Gunn and his Mrs buy to the maximum, guess he doesn't want me to get them!

Directors' Dealings

Rotala has been notified of the following Director's Dealings which occurred on 8 May 2014:

John Gunn, the Non-Executive Chairman of the Company, has, together with his wife, purchased 1,050,000 ordinary shares of 25 pence each in the Company at a price of 50 pence per share. Following this purchase John Gunn has an interest, directly and indirectly, in 10,571,837 ordinary shares of the Company (being 29.97 per cent. of the shares currently in issue).

[battlebus2] 09/5/2014 12:43

Tick up :))

[battlebus2] 09/5/2014 08:21

Buy your tickets on your mobile via our app....

hxxp://www.rotalaplc.com/news/MobileTicketingwithDiamond_6.html

[battlebus2] 08/5/2014 22:01

I posted this on a couple of other sites but thought i should post it here also....

My latest scan of the market has uncovered Rotala.

If your looking for a steady boring share that pays a 3% dividend and progressive and has potential for growth then look no further.

Rotala is listed on AIM and whose group of companies are in the business of bus, coach and transport management.In Preston they are the number one operator. It's the second largest operator in the areas of Bristol and Bath and the West Midlands. They operate 530 buses employing 1200 staff.
Since floatation Rotala has acquired several businesses including Flights Hallmark,Flights Corporate Transfers ltd,Central Connect, North Birmingham Ltd, Diamond Bus co Preston, Ludlows of Halesowen and Gloucester bus and coach company.
Given the consolidation in the sector and the difficulties of smaller operators to maintain the increasing regulation hurdles i would certainly expect to see this trend continue.

We also have a couple of top investors as major holders,
J.Gunn with 26.99% and Nigel Wray with 14.02%.

Current market cap of 18.16 million looks very undemanding.
From the last results PBT was up 5% to 2.19 million while revenues did fall due to the loss of two routes run on behalf of National Express but legal proceedings have commenced to recover those losses.

Their balance sheet isn't a bad read either with assets of 50.8 million and liabilities of 27 million. NAV is currently 66p.


Dividend is covered at present 3.39 times so room for further increases..

The company paid an interim dividend of 0.55 pence per share in December 2012. At the forthcoming Annual General Meeting the board will recommend a final dividend in respect of 2013 of 1.05p per share, making 1.60p for the year as a whole. The dividend will be paid, subject to shareholder approval at the Annual General Meeting, on 27 June 2014 to all shareholders on the register on 6 June 2014.

As the company matures I expect the dividend to be progressive. The board is conscious of the importance of dividend flows to shareholders and has set a target dividend cover of 2.5 times earnings, to which it will move as underlying earnings and free cash flows improve.

The outlook is also positive with fuel costs hedged until 2015 and the impact of the purchase of certain assets belonging to First in Worcester will become fully operational in 2014.

As with every share there are risks but imv Rotala is worth a punt.

[battlebus2] 07/5/2014 16:30

Good to see a bit of interest here, these are now in my progressive dividend portfolio.

As the company matures I expect the dividend to be progressive. The board is conscious of the importance of dividend flows to shareholders and has set a target dividend cover of 2.5 times earnings, to which it will move as underlying earnings and free cash flows improve.

[battlebus2] 07/5/2014 13:28

I've been adding to these every now and then, near 3% dividend and trading on a low P/E. Potential for consolidation in the sector is high imv.

[spaceparallax] 09/10/2013 09:13

they appear to be doing a good job.

[lizzie ii] 08/10/2013 16:09

Hedging of Fuel Costs is good news today. No wonder the share price has moved higher.

[spaceparallax] 06/9/2013 09:14

ROL seem to be doing a good solid job in the face of the tough economic climate.

[rolo7] 28/5/2013 20:33

doh 4 days late with agm approvals!

[rolo7] 24/5/2013 23:08

agm was on the 22nd but no accouncement has been put out maybe trading statement next week been a few sales of late, fuel prices coming down!

[rolo7] 21/5/2013 22:25

agm tommorrow hope they release a statement better than first group anyway.

[cnx] 16/4/2013 04:06

rolo,
sush, don't tell anyone

[rolo7] 15/4/2013 22:53

No reaction to results today historic pe of 9, not one share trade. 31% discount to nav to end of novemeber.

[lizzie ii] 24/1/2013 20:16

I think today's RNS is really good news, so surprised there was no movement in the share price today.

[lizzie ii] 05/12/2012 15:51

New finance facility announced :-

[spaceparallax] 28/8/2012 10:57

Looking positive

[lizzie ii] 23/8/2012 12:21

Given the current economic background, the results today look rather good!

Well done to the management at Rotala!