Stagecoach Share Discussion Threads

[alexisk] 09/3/2022 11:15

Anyone imagine there might be an increased offer from National Express or some other counterbid?

[ken chung] 08/3/2022 07:20

Diesel now over 150p per litre. That will crush the margins. Lemmings and mushrooms only.

[km18] 07/3/2022 13:57

...from last year...

Stagecoach Group plc published a trading statement this morning, outlook with respect to FY22 is unchanged from its last announcement. Passenger demand for regional bus operations has been recovering in recent weeks with the return of schools and universities across the country, with journey numbers in excess of 70% of equivalent 2019 levels by the end of September. Group is now operating vehicle mileage at around 94% of 2019 levels. So recovery is ongoing, but there is still a long way to go to return to pre-Covid levels.

FY22 financials as a whole will not be close to pre-Covid performance. Valuation is reasonably attractive, forward PE ratio of 9.6 is top quartile for Passenger Transportation sector, as is PS ratio at under 0.5. But fuller recovery in top-line revenues and bottom line EPS will likely only come through in FY23 numbers. The share price also lacks momentum and has been trading sideways through 2021. Stagecoach Group is a share to monitor for the time being, although when the Travel sector recovers more meaningfully, there will be scope for some decent upside. Monitor for now....

...from WealthOracleAM

[leadersoffice] 15/12/2021 07:08

Correction : SGC or National Express bulletin board

[neilyb675] 08/12/2021 07:17

Martin Griffiths, Stagecoach Group Chief Executive, said:

"We are pleased at the positive progress of the business as confidence in public transport returns and more customers use our bus, coach and tram services.

"This has been achieved as a result of the fantastic commitment of our frontline employees and management teams, combined with our strong partnerships with national and local government, and supportive public policy and investment.

"While the pace of recovery may vary, we are well-placed to deliver on the extensive opportunities beyond the pandemic and on the back of the COP26 climate change conference to attract people out of cars to more sustainable public transport.

"In the first half of the financial year, we have delivered positive new contract wins, including key transport contracts for the Birmingham 2022 Commonwealth Games. We are also progressing several investments to enhance our customer offer, as well as new ticketing initiatives to respond to post-pandemic lifestyles.

"The Group maintains a solid financial position with investment grade credit ratings, substantial available liquidity and appropriate headroom under its debt facilities. We are also continuing to manage effectively the short-term operational challenges in the transport and logistics sector, to protect the future of our transport networks.

"We continue to see a positive outlook for our bus, coach and tram services, whether as a standalone business or as part of a combined future group. Greener and smarter public transport is central to delivering government ambitions around decarbonisation, levelling up of communities, driving economic recovery, and securing better health outcomes for citizens."

[leadersoffice] 08/12/2021 07:02

From this mornings interim results :- Constructive discussions are continuing with National Express Group plc on a potential combination of both groups that would deliver strong value creation for both sets of shareholders

[leadersoffice] 07/12/2021 15:46

Stagecoach interim results due tomorrow. Not sure whether they'll be any update on merger talks as that subject might be embargoed until next week.

[ken chung] 26/11/2021 22:44

The highly infectious multiple mutated Botswana COVID variant is spreading fast and the vaccine is less effective against it.Avoid busses.Lemmings and mushrooms only.

[american idiot] 22/11/2021 08:58

Buy Jefferies 22/11/2021

Stagecoach Group Plc : Jefferies raises target price to 110p from 90p

[archy147] 16/11/2021 07:15

Well we have an extension (frustrating) but I guess this is a positive:

“The Boards of Stagecoach and National Express continue to believe that the Potential Combination would be a strategically compelling proposition delivering strong value creation for both sets of shareholders”

[archy147] 15/11/2021 21:50

Lol AI.

Fingers crossed for something positive tomorrow - could tank if we don’t get it.

[american idiot] 15/11/2021 20:35

Ha ha.. You sound just a little bitter...

Always driver jobs going at Just Eat seeing as you couldn't make the grade as a bus driver lol

[american idiot] 15/11/2021 14:55

Well any bid must be made by tomorrow..

Will National Express takeover Stagecoach ?????

[currencytrader1] 13/11/2021 15:34

Someone posted today a thought on sgc on the LSE chat board, think he's spot on for what it's worth.

[livewireplus] 24/10/2021 12:36

'They're leaving in droves': UK faces bus driver shortage as HGV industry offers better payhttps://news.sky.com/story/theyre-leaving-in-droves-uk-faces-bus-driver-shortage-as-hgv-industry-offers-better-pay-12442971 

[kanwar] 18/10/2021 10:49

If the talks fail and no merger.

[nemesis6] 13/10/2021 12:17

think i must be the @rsehole...now at 80p....cant believe it after that trading statement. Funds for me from now on