Stagecoach Share Discussion Threads

[bookbroker] 10/4/2019 07:10

SGC better off outside the railway industry, after the East Coast debacle, its clear with the level of investment by Network Rail and the issues on other routes the system is crackers, HS2 will destroy the last vestige of respect in the rail network, if Crossrail a guide then the final bill for that will probabably hit £100bln!

[bookbroker] 10/4/2019 06:36

May be a blessing, frankly the rail side of the business has become a poisoned chalice, it may free up capital in the medium term, and allow the company to focus on buses, its core. The railway franchise system is simply chaotic!

[jeffian] 09/4/2019 12:42

"Final post as pointless procrastinating....."

Apparently not!

[bookbroker] 09/4/2019 11:35

And Griffiths, since his appointment, has seen a negative 70% performance in the share price, why are so many CEO’s being rewarded for failure?

[bookbroker] 09/4/2019 11:09

The ownership/succession of the Souter family holding seems to create much larger issues for the company than is good for this business, the market cares less about the trading performance, but RBC as the house broker is not much better!

[bookbroker] 09/4/2019 11:06

Can understand Griffiths about intermediary trading statements, every time he opens his mouth it creates havoc with the share price, he is not very good at getting the message across it would appear!

[bookbroker] 09/4/2019 11:03

Another stunning performance today by SGC., seem to be well ahead in the race to bottom, appears that the transport companies now indicate the future Parliament in the UK, we don not need Gallup or Mori polls anymore, just look at the share price of SGC!

[bookbroker] 08/4/2019 09:56

Final post as pointless procrastinating, one consideration concerning a future labour Govt. with regards transport policy and the general market; if SGC. being hammered by that threat then the whole market within the UK should not be immune. Maybe it is just US investors withdrawing with the sale of US business, but half year earnings 12p, and full year should be 25p. Ok the market looks ahead and uncertainty exists, but to what extent is that baked in, I cannot see bus services being nationalised. Maybe students travel free, but so what, that can be accounted for increase to others. Share price falls appear overdone, but then the market is spooked!

[bookbroker] 08/4/2019 07:32

The valuation on this this company is nuts, has a strong balance sheet, and the possible departure from trains should be seen in a positive light, while the backlog in franchises builds up they are a pointless investment and the returns are meagre in comparison to the expected investment required. Buses are a better bet with the increasingly likely tariffs placed upon private cars in cities, irrespective of the threat from Uber, etc. Rating too low, uncertainty over Govt. policy overblown, although I respect growth drivers a little cloudy. Think Souter and Gloag should get out, it would make this more likely for merger, etc!

[celeritas] 05/4/2019 12:07

Never mind Brexit apparently being bad for business, Corbyn is the real problem.

[bookbroker] 05/4/2019 11:58

Investors panicking, not sure on the rationale for these downgrades apart from Corbyn and Labour nationalization of public transport, same may be said for utilities. Why issue a statement if it is going to be treated with contempt irrespective!

[cwa1] 05/4/2019 11:49

AH, I see Jefferies have downgraded too:-

05 Apr Jefferies International Underperform 138.45 145.00 125.00 Downgrades

With 125 being the new target price.

[jeffian] 05/4/2019 09:16

Thank goodness it wasn't a bad trading update if this is what a good one does!

[bookbroker] 05/4/2019 09:08

Worzels at Liberum did the damage here, they should stick to propping up their own clients like Kier and the AA, better served. Understand the question marks over UK Rail, but getting out might be better received as it seems to be a political hot potato, and might attract more institutions. Souter and his sister’s prescence presents some uncertainty, he does not seem too bothered about the weak share price, but I wonder how attractive proposition this company is with their overbearing prescence on the shareholder register, either they take leave of abscence or sell up, cannot see them taking this private maybe should think of an exit themselves, bit of a negative with them around!

[bookbroker] 05/4/2019 08:03

The P/E of about 6 reflects the risks, and there is a lot of capital here that could be released, soon they will receive a large slab of cash from the sale of the US arm!

[bookbroker] 05/4/2019 08:02

My view is they should get out of rail, seem the margins are weak, the risks of that Marxist real, and the capital required barely worth the investment, becoming a pure bus company a good move in the medium term irrespective of the growth of Uber and Lyft!

[hopefuldave] 05/4/2019 07:57

What a game this is! I buy, they fall, I sell, they rise!. I pray the company are going the right way.

[cwa1] 05/4/2019 07:24

Ouch, that wasn't the best timed buy ever. Thankfully not a huge buy-but now the decision has to be: has one the courage of one's conviction and should I buy some more ;-)

[bookbroker] 05/4/2019 07:08

This stocks has been nuts since that positive trading update, suppose it is the short term nature of these rail contracts, but frankly they would be better off out of them with Corbyn on the horizon, have noticed a gap down to 138.4 from early on in year, 05.01.19., maybe that needs to correct!