Stagecoach Share Discussion Threads

[bookbroker] 17/4/2019 20:17

Maybe, if Souter and Griffiths are happy to dwell on our crumbling rail network!

[borderer2] 17/4/2019 19:20

Surely we can't go much lower

[bookbroker] 17/4/2019 13:18

First of all they need to stop wasting time pursuing the DfT over the franchising, why do they value railways so highly, lost a packet on East Coast Main Line, anything to do with the public purse a friggin nightmare. Just concentrate on shareholder value!

[macthepak] 15/4/2019 10:27

If they maintain the dividend payout, at the current share price a yield of just over 6% is not to be ignored.

[macthepak] 15/4/2019 10:27

If they maintain the dividend payout, at the current share price a yield of just over 6% is not to be ignored.

[jeffian] 13/4/2019 11:13

I was really just picking up on the disdain in which Governments of both persuasions treat private investors - mainly quietly uncomplaining middle class people just doing their best to save and provide for their own old age. The effective re-nationalisation of Railtrack without appropriate compensation - because who cares about "the Grannies"? - was a case in point but the worst scandal was the Lloyds insurance market scam which cleaned out whole swathes of Middle England without a by-your-leave or anyone in authority complaining.

[nod] 13/4/2019 07:45

Jeffian, we have seen a lot of casualties in the pseudo-privatised sector. Not just in Britain but in other countries too. I had invested in most privatisations in the late 70s and early 80s but could see later that the risks were increasing as public service businesses became political footballs. Especially transport which affects thousands of people daily. Energy, water and waste management is more about cost than daily impact.

[jeffian] 12/4/2019 22:33

Aye, and because it was the sort of stock which appealed to risk-averse middle class pensioners seeking an income, they were referred to disparagingly as "The Grannies" and disenfranchised by Labour without a second thought -

-

so those considering a Corbybn government take note!

[nod] 12/4/2019 20:53

The British railways system was built by private investors. It was nationalised in 1947 and the downward spiral began. Railtrack only lasted six years as a public listed company because central government controlled major projects. The demise of Railtrack in 2002 was a fiasco. Private shareholders lost most of their investment as the rail network was nationalised again.I wouldn't put money into operating any business that was controlled by central or local government.

[shawzie] 12/4/2019 15:03

Perhaps NEX will takeover SGC in the not to distant future. Good buy at 120p

[macthepak] 12/4/2019 08:51

Stagecoach made the right call.

Stagecoach did the right thing for not signing up to unknown future pension liabilities.

A short term drop in price is to be expected, should climb up again like it did last summer and winter just gone.

Still a great share to hold in a diversified income portfolio.

[bookbroker] 10/4/2019 17:51

That is a bit harsh, they have given millions to charity, they may be tough, but you got to be to reach where they are. Take it you feel the same about Mike Ashley, another grafter who has done well!

[stephen1946] 10/4/2019 16:37

wonderful news, souter and sis gets stuffed.

[waspfactory] 10/4/2019 15:29

Managed to pick up 4k at 115p - hurrah! Average now 168p - boo!

[hernando2] 10/4/2019 14:55

Oh well....i can average down...

[bookbroker] 10/4/2019 14:23

Companies such as Liberum need looking at in particular!

[bookbroker] 10/4/2019 14:22

I agree, this was news to certain market makers soon after that trading statement, the city is rife with corruption in terms of inside information being leaked prior to the LSE.

[jeffian] 10/4/2019 08:47

Look at that chart post an upbeat trading statement and then the muted reaction to today's announcement. No insider dealing there, then, oh no.

[bookbroker] 10/4/2019 07:43

DfT inadvertently helping this company in that decision, rail franchises are capital intensive and full of uncertainty, particularly with the short-term nature of them, and skinny margins, anythiny with UK Govt. attached to it is now toxic!

[cwa1] 10/4/2019 07:38

Indeed, you have to laugh. Lose the rail franchise.....SP goes up. For the record I've decided to take my small loss on my modest holding and sell out here at 134p. Good luck to remainers!

[hernando2] 10/4/2019 07:36

You have to chuckle at the market reaction, I was able to buy two decent ( for me) tranches at 122 earlier, ignoring the never trade in the first hour rule

Rail has been a pain In the neck....

Without that hanging around management can focus on the rest /be taken over.

[bookbroker] 10/4/2019 07:31

Dealing with the current Govt., and what lies ahead simply impossible, the Brexit issue is slowly grinding this country into nothing, would the last person to leave Westminster please turn out the lights, because under Corbyn we can can rename the place Lubyanka!

[bookbroker] 10/4/2019 07:12

DfT done this company as big favour!