Stagecoach Share Discussion Threads

[pm032017] 24/8/2017 15:07

I still believe it's a good company and will hold these shares for a while but it's just that yesterday's trading didn't make any sense, it almost seems like some of the big players are manipulating the share price to buy this on the cheap before the ex-divi date. For now, I am looking forward to the nice little 8p divi on Thursday next week.

[alibx11] 24/8/2017 09:20

Also on my watchlist for a while, still can't see any immediate hope for a rise though.

I wouldn't be buying in for the Divi either as quite often share price drops by more than the Divi as holders bail for a while, seen it time and again.

[m4rtinu] 24/8/2017 09:06

Good post, andy. I'm holding but nervous.

Short interest is low, but has gone up a bit recently. Blackrock took a position.

[andyj] 24/8/2017 01:14

You are reading too much into this. Whether the shares were entered as a buy or sell and the amount of shares bought or sold is meaningless. What matters is the price. Obviously buyers want to buy at the lowest price they can and if the shares are in demand buyers leapfrog each other to be the highest price on SETS and be matched with a seller. Thus prices rise. SGC are on my watch list, but it is hard to see a catalyst to rerate the shares. That they are sliding towards ex div date is worrying. How many will exit after they go ex div? I think they are good value longer term, but not sure now is a good time to buy.

[11_percent] 23/8/2017 22:16

That's the way it goes, m8.

[pm032017] 23/8/2017 21:07

WTF is going on here?? If you take out the UT @16:35, ONLY 500K shares sold today and 5.2 million bought and share price dropped 1%???? This is perfect example of market manipulation at its best. Shame on the folks who are constantly screwing the individual investor. With 10times more shares bought today than sold this should have gone up by 5-6%. Ridiculous really.

[m4rtinu] 23/8/2017 16:31

Zho - Xièxiè. Yes, that's what I saw but rounded the total. Thanks for confirming.

Any thoughts? MU

[zho] 23/8/2017 16:16

m4rtinu - have a look at - there are 3 trades of 700K and 1 of 2.3m at 14:07 and 14:08 making, er, 4.4m in total

[m4rtinu] 23/8/2017 16:11

4m trade @ 14:07 @ 174.5p. Can anyone confirm? My source is Digital Look "Largest Trades", not very technical I'm afraid. Cheers. MU

[sawadee3] 22/8/2017 14:33

Agreed, matt.

I'm adding weekly and will continue to do so while ever they're sub £2 :-)

Happy days chaps :-)

[mattcookson] 22/8/2017 08:22

SGC will easily smash 200p by end of this month, when it goes ex-divi. With 8.1p divi coming up and overall divi of 11.9p, at the current share price that's a divi yield of over 6.5%. It's no brainier really, perfect time to snap this on the cheap :).

[cerrito] 20/8/2017 20:32

Today's Telegraph has an avoid rating

[m4rtinu] 15/8/2017 08:14

1. News about competitor:



Not sure when next franchise awards are to be announced.

2. Shorts increased slightly, from 1.7 - 2.2%. Blackrock taken a small position.



MU

[jeffian] 14/8/2017 09:59

From the annual report -

"We have proposed a final dividend of 8.1p per share (2016: 7.9p), which, if approved, would give a total dividend per share for the year up 4.4%. We have slowed the rate of dividend growth relative to recent years to ensure that the dividend remains at a level we consider to be sustainable. The dividend per ordinary share grew significantly from 2001/2 to 2015/16 at a compound annual growth rate of over 11% and we continue to seek to grow the dividend."

Not conclusive, of course, but encouraging.

[m4rtinu] 14/8/2017 09:17

Matt - possibly, but beware of generous yields, in competitive industries. eg CNA, SBRY and others where divis were cut and SPs fell sharply.

I am holding SGC but am keeping a watchful eye.

Having said that, there did seem to be some recovery in share price recently, until end of last week and NK probs.

[mattcookson] 13/8/2017 08:40

SGC will easily smash 200p by end of this month, when it goes ex-divi. With 8.1p divi coming up and overall divi of 11.9p, at the current share price that's a divi yield of over 6.5%. It's no brainier really, perfect time to snap this on the cheap :).

[m4rtinu] 25/7/2017 09:10

Zho - thanks for link. I am holding but trend in share price looks a bit worrying and as articles says plenty of risks ahead. At least not being shorted (1.77%) at present.

[zho] 25/7/2017 08:19

Risks on the horizon for Stagecoach

Jefferies has highlighted the risks ahead of shareholders in train and bus operator Stagecoach (SGC), with analyst Joe Spooner rating the shares a ‘hold’, but acknowledging that ‘requires positive outcomes to key events’.

‘Our 190p sum-of-the-parts price target leaves us at “hold”,’ he said. ‘But we stay cautious with up to 65p of that event dependent: renegotiated East Coast contract (9p), some success in shortlisted UK rail bids (26p), rebuilding Megabus US profits (up to 30p),’ he said.

Spooner flagged potential disappointments in the company’s regional bus division, which accounts for 75% of non-rail profits.

‘Inflationary pressure on labour looks set to sustain, the offset of falling fuel costs has now largely played through and for revenues, even Stagecoach expects a “subdued” outlook short term,’ he said.

‘We prefer Go-Ahead, where we think successful event outcomes frame the upside rather than the status quo.’Shares in Stagecoach fell 1.8% to 178.5p yesterday.

[m4rtinu] 18/7/2017 11:01

Cheers for that, Bscuit.

[bscuit] 18/7/2017 09:49

A new SRA or similar would be ground for variation. Virgin East Coast website on registration appears to acknowledge possibility it might not run ECML in the long term as it seeks that users agree to data being passed to other operators.

[m4rtinu] 18/7/2017 09:31

Delays at DfT means Govia maintains West Midlands for additional 2 months. Other delays at DfT due to:

"Mr Paterson added the DfT was also dealing with requests from Virgin and Stagecoach to vary the contract on the East Coast mainline which the pair’s joint venture run".

[m4rtinu] 13/7/2017 12:03

Stagecoach: HSBC maintains Reduce with a target price of 160p.

A lot of uncertainty around. Franchises?

[warranty] 13/7/2017 09:27

Could it be the Governments Souther Trains fine?

[kcsham] 12/7/2017 11:57

Is there anybody knows the cause of 3.5% share price drop today?K C