Stobart Group Ld Share Discussion Threads

[bdbiometric] 25/8/2020 11:12

Right size of buy volume can increase share price anytime

[fenners66] 25/8/2020 09:55

So the 40p 60p 70p soon posters have gone quiet for now...

26.5p

[fenners66] 21/8/2020 18:46

Another loss making year - with plenty of exceptionals to throw in.
More cash to bleed and the balance sheet to trash.
Plenty of potential bad news to come as well....

[1sjh] 21/8/2020 17:28

Yes more insider buying, certainly welcome news. Someone taking those easyjet slots? The Amazon deal on the horizon? Plenty of potential good news to come.

[rmsl1] 21/8/2020 16:41

Non exec buying £50K for 185k shares @ 28.5p -) I see that moving up in the short term

[y1phr1] 20/8/2020 19:14

Portugal removed from the list

[rmsl1] 20/8/2020 11:44

I see that - one day for nothing particular it will take 30% up ^^ ! That's when I will sell ?

[gaffer73] 20/8/2020 10:50

Shh you'll frighten it

[rmsl1] 20/8/2020 09:01

Good start of the day ? !

[hodhasharon] 20/8/2020 08:44

We'll break support at 50p next, but it might take a few weeks without positive news.

[y1phr1] 20/8/2020 08:43

Let's see if we can hold 30p

[y1phr1] 19/8/2020 12:24

I shall be holding out for a bit more than that probably 60p

[rmsl1] 19/8/2020 12:22

Same - bought at 26p. Target to sell at 38p ;)

[y1phr1] 19/8/2020 11:10

I would of thought many are bringing their average down. I am lucky as bought recently

[hodhasharon] 19/8/2020 11:03

He brought his average down since then. These are telling insider transactions.

[fenners66] 19/8/2020 10:16

Shearer MOST confident at £1.21
but not so confident now ?

[hodhasharon] 19/8/2020 10:14

Date Value Name Entity Role Shares Max Price
06 Aug 20 BuyUK£28,750 David James Shearer Individual 100,000 UK£0.29
29 Jun 20 BuyUK£40,000 Nicholas Dilworth Individual 100,000 UK£0.40
29 Jun 20 BuyUK£49,998 Warwick Brady Individual 124,996 UK£0.40
29 Jun 20 BuyUK£50,000 David Blackwood Individual 125,000 UK£0.40
29 Jun 20 BuyUK£125,000 David James Shearer Individual 312,500 UK£0.40
29 Jun 20 BuyUK£36,000 John Coombs Individual 90,000 UK£0.40
29 Jun 20 BuyUK£50,000 Lewis Girdwood Individual 125,000 UK£0.40
29 Jun 20 BuyUK£5,000 Virginia Pulbrook Individual 12,500 UK£0.40
14 Nov 19 BuyUK£121,000 David James Shearer Individual 100,000 UK£1.21

[fenners66] 19/8/2020 10:14

I have no idea if it is or not.
I don't have a clue whether the share price will be more or less tomorrow, because the current share price is just a matter of supply and demand.

Someone could bid for the airport tomorrow. But who would buy an airport now and why not wait until airport operators are more desperate and sell for peanuts?

There will be more pain for the airline industry for the next few years I'm sure.

However I can guess that the business will not be making £112m a year inside of 2 years.
On a simple measure P.E. it would need that to get to £1

So place your bets....

I did refuse the bet at about £3.50 and rightly so.

I was being told at the time that dividends were "sustainable" from cash through to profitability in a few years time.
I said it was fanciful as many things Could go wrong before that profitability arrived.

Well they have.

[rmsl1] 19/8/2020 09:46

Do you really think the current market cap of £173m is too high?

[fenners66] 18/8/2020 21:47

Ok so out of curiosity I had a look

250m shares issued - a 60% dilution

Now 625m shares in issue

They retained a LOSS in the year pre covid to Feb 20 £149m

They have lost money apart from the gain on sale of Stobart Logs each of the previous 4 years.

This year is going to be a loss, likely next year too as they have moved backwards with the growth plans that were going to see them through to a profit.

By then what issue another 500m shares ?
So you then have 1125m shares in issue

Share price £1 at a P.E. of say 10 would need a profit of £112m a year...

We'll see...

[fenners66] 18/8/2020 21:21

So how much was the share capital diluted with the fund raise mentioned above ?
How much will it be diluted by the next raise , if there is one ?

[1sjh] 18/8/2020 20:54

I'm not a spokesman for the group, nor I am here to defend the board. I just see a £1 share price when these short hauls are up and running again. Simple really. Air travel will be back and ppl like traveling from Southend. I also think the destinations Southend flies to will come back faster than others. Gl

[fenners66] 18/8/2020 20:43

Oh forgot to add , then they sacked a load of staff......

The problem is , if they make mistakes year after year , how can you trust them not to continue doing it ?
Businesses do not run themselves - people make decisions.

Bad news out of their control , easy to hide behind now , what about the last 5 years then ?

[1sjh] 18/8/2020 19:48

With a asset valued at 700m in January and a market cap less than 25% of it is where I have my faith.. i saw one of the directors purchased 100k worth at 29p i think.. Just have to sit it out or sell up. Unless you have no shares and are just here to troll others because of bitterness. Relentless bad news much of it out of board control last 6 months is why share price is beaten up. Seems to me were slimmed down now with a real focus.