Saturn 777
24 May 2017
Advice please Hi All,Can anyone tell me in the off chance if Labour got into power and they nationalised energy, transport companies, what this means for shareholders.I have emailed and rang the investor relations department, who say we have no idea.I have emailed the local labour councillor, who does not know so is asking someone higher up she says.Does this mean shareholders loose 100% of their money/shares orthe present prevailing share price minus 2-3% (for admin of selling shares)Or ??Thanks,
Thedarkkn1ght
09 Apr 2017
Southern ran 95% services during strike Southern Railway said it ran 95% of train services during the latest strike by workers in a long-running dispute over staffing and driver-only trains.Members of the Rail, Maritime and Transport union walked out on Saturday for the 31st stoppage since the row flared a year ago.Southern said most of its services were not affected by the action, adding that 55% of conductors and on board supervisors (OBS) reported for work, the highest number on a strike day.A Southern spokesman said: “Whether heading to the seaside on the hottest day of the year or shopping in London, we’re pleased we could get our passengers where they wanted to be in the main.“Now being able to run a near-normal service and with more and more conductors and OBS coming into work on strike days, the RMT needs to call a halt to their futile industrial action on Southern. They now need to resume talks with us, shake hands on a deal and let’s move forward together.”[link]
Thedarkkn1ght
17 Mar 2017
Motley Fool analysis 2 incredibly cheap dividend sharesDespite the disappointing results, it’s encouraging to see that most of the group’s bus and rail businesses continue to perform well. With the share price collapsing to three-year lows, Go-Ahead has certainly been punished by the market, but I think this is far more than it deserves. A forward P/E ratio of eight is simply too cheap for this business, and more so given the generous dividend which yields a healthy 5.2%, and is covered more than twice by expected earnings.[link]
tisileclerc
17 Mar 2017
Re: numberbiter has an agenda Well said!
Thedarkkn1ght
15 Mar 2017
numberbiter has an agenda You seem to have a personal vendetta against this company.Post after post slagging it off.Never bring emotion into investing. The facts are the P/E is now a ludicrous 7.8, dividend approaching 6%, minimal debt & trading at levels not seen for 4+ years. This was £26.73 not so long ago. Also the rail strikes are not just limited to this company.
Topalov
10 Mar 2017
Re: Going down........ "Creaming it by doing absolutely nothing" ? really? A 2.9% operating margin is creaming it?They are quite right to stand up to the unions, even if in the short term it hurts them financially. The reasons for the strike are a disgrace.
numberbiter
08 Mar 2017
Going down........ As predicted. Now well below the 2,000p mark. Their costs will shoot up when they have recruited enough drivers to run an acceptable service, The days of creaming it in by doing absolutely nothing and blaming the unions for everything seems to be over,
Thedarkkn1ght
08 Mar 2017
Ex-Div 30/3; 5.6% P/E 852wk high 2722Fall of ~ 40%Brokers positive
numberbiter
26 Jan 2017
At long last I read in today's paper that at long last the government have got the message that the Southern franchise (60% owned by the Go-Ahead Group) is an understaffed disaster. They have suddenly realised that Southern can only meet their timetable if their drivers accept substantial levels of overtime and agree to work on their non-working days. So the government has demanded a recruitment drive and are proposing to nationalise the franchise until it can be let to a responsible operator.At the moment the Go-Ahead Group creams it in for doing very little. When the gravy train is derailed their profits will go down, as will their share price.
numberbiter
11 Jan 2017
Question Why do Southern want to go to the Supreme Court when they make most profit on strike days. On strike days, they still get the revenue, but have no costs.Besides, even if they win in the Supreme Court they are not going to be able to run a proper service as they don't employ enough drivers. The Supreme Court cannot force drivers to work seven days a week and complete four hours overtime each day to boot.Obviously there is no incentive to have the correct staff numbers under the current contractual terms, We need a passenger class action to take Southern to the Supreme Court to get rid of them. They are useless!
numberbiter
16 Dec 2016
What I didn't know I could not understand why this company made no effort to resolve the dispute between its Southern Rail subsidiary and the Unions. Now I get it; it turns out that management have been fiendishly clever. They have done a deal with our government that Southern Railways receive a fixed subsidy and in return the government receive all the revenue from the fares. Brilliant!The Go-Ahead Group absolutely love it when the workers go on strike. They don't have to run any trains, so they save running costs and they don't have to pay any wages, but they still receive their full subsidy.Given the number of strike days being planned for January 2017, Go-Ahead's profits will go through the roof. I expect that behind the scenes Southern Railway's management are on a bonus which increases in line with strikes.Of course, such a clever ploy relies upon having a Minister of Transport and government that don't care about the plight of rail travellers and that is what they have got. So the recommendation is to buy these shares and sell them just before the next general election.
the last night trader
13 Dec 2016
at some point Southern Mess has to catch up with Go Head? Am I the only person who thinks that Go Ahead can't continue to make the profits they have been from SOUTHERN with the mess that is in play at the moment?And that passengers need compensation? Not to mention the businesses that people work for that must be suffering a drop / loss of productivity
numberbiter
09 Dec 2016
Re: Pension Accounting puzzle The answer to your query is this: Since the introduction of IFRS the Income Statement has become sheer fantasy. The alleged surplus in the pension scheme is notional; the profit could evaporate, The only statement that is viable these days is the Cash Flow Statement.Talking about cash, the company is wasting a fortune on legal expenses to avoid strikes when it could resolve all issues if only it would negotiate with the Unions. How shareholders tolerate the company throwing their money away is a mystery to me.
LifeInPlastic
29 Nov 2016
Pension Accounting puzzle If the balance sheet recognised no asset or liability but the p&l included too much of a charge, where was the other side of the p&l charge entry?Maybe I have not interpreted the RNS correctly and there will be a cumulative adjustment that affects the balance sheet?
numberbiter
08 Nov 2016
Train left with doors open Today a train from Tattenham Corner left a station with its doors open. It was a driver (no conductor) only train. Anyone can see the Union has a strong point.
