Stagecoach Manchester
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RE: Stagecoach Manchester
(17/02/2013 20:32)Polo Mint Wrote: I am not disputing your rumours, but just because Stagecoach have placed an offer doesn't mean it will get accepted. First would be foolishly to sell Greater Manchester whilst keeping The Devon and Cornwall division that has near a (10%) net profit margin. I understand where you're coming from with this, but I personally would like this rumour to be true, also as First Group need £100m to get itself out of debt (?) why was this published on their website 'FirstGroup, the UK’s leading bus and rail operator, today revealed that its bus division has ordered 464 new vehicles worth £76m for delivery in the 2013/14 financial year. This order will bring First’s investment in new buses to around £240m in three years.'? Makes no sense to me... :p |
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RE: Stagecoach Manchester
(17/02/2013 20:32)Polo Mint Wrote: I am not disputing your rumours, but just because Stagecoach have placed an offer doesn't mean it will get accepted. First would be foolishly to sell Greater Manchester whilst keeping The Devon and Cornwall division that has near a (10%) net profit margin. to be fair,if firstbus are wanting to get £100m then there going to have to flog a big profitable operation to get it,there never going to get it flogging small areas like devon & cornwall. the onley thing that worrys me is if stagecoach get oldham depot,will the continue the huddersfield service? - firstbus will no doubt add a extra bus from huddersfield to marsden & with stagecoach no longer having a presence in huddersfield,it would affect loadings on the 184 |
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RE: Stagecoach Manchester
(17/02/2013 20:36)MX12EOC Wrote:(17/02/2013 20:32)Polo Mint Wrote: I am not disputing your rumours, but just because Stagecoach have placed an offer doesn't mean it will get accepted. First would be foolishly to sell Greater Manchester whilst keeping The Devon and Cornwall division that has near a (10%) net profit margin. because if they dont invest in new buses,it could cost money in the long run |
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RE: Stagecoach Manchester
(17/02/2013 20:39)Wright Eclipse Wrote:(17/02/2013 20:32)Polo Mint Wrote: I am not disputing your rumours, but just because Stagecoach have placed an offer doesn't mean it will get accepted. First would be foolishly to sell Greater Manchester whilst keeping The Devon and Cornwall division that has near a (10%) net profit margin. I see your point, yet it may give them a reason to start up (or restart) a business in Huddersfield, although some deal may come in place as I believe they have a 'no competition' deal on (even though stagecoach is much more popular). |
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RE: Stagecoach Manchester
(17/02/2013 20:40)Wright Eclipse Wrote:(17/02/2013 20:36)MX12EOC Wrote:(17/02/2013 20:32)Polo Mint Wrote: I am not disputing your rumours, but just because Stagecoach have placed an offer doesn't mean it will get accepted. First would be foolishly to sell Greater Manchester whilst keeping The Devon and Cornwall division that has near a (10%) net profit margin. I know, look at Wigan whilst under first ownership, they were starting to fail as they had the old crappier buses and barely any new buses. Now under Stagecoach ownership, they're doing much better as they already invested in the service even before takeover. Well I guess you gotta spend money to make money. :L |
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RE: Stagecoach Manchester
Fleet investment is required for fuel efficiency and increasing patronage. I just can't see First selling Greater Manchester after all the recent investment (Enviro400 and hybrids), surely if they wanted to sell it then they would have sold it along with Wigan? |
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RE: Stagecoach Manchester
(17/02/2013 20:43)MX12EOC Wrote:(17/02/2013 20:39)Wright Eclipse Wrote:(17/02/2013 20:32)Polo Mint Wrote: I am not disputing your rumours, but just because Stagecoach have placed an offer doesn't mean it will get accepted. First would be foolishly to sell Greater Manchester whilst keeping The Devon and Cornwall division that has near a (10%) net profit margin. theres no gap in huddersfield to start up realy - Kline/Firstbus go head to head on most main corridors,HBC Serve rural areas (denby dale,clayton west,stocksmoor),arriva doing long distance services to leeds & of cause stotts doing a few round the houses minibus services.The only opening stagecoach could realy have to huddersfield is on the summer glossop route or dare i say bringing back the barnsley service |
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RE: Stagecoach Manchester
(17/02/2013 20:51)Wright Eclipse Wrote:(17/02/2013 20:47)Polo Mint Wrote: I just can't see First selling Greater Manchester after all the recent investment (Enviro400 and hybrids), Yep, plus it makes stagecoach's job easier (as they're the backbone for the Enviro400) for them to relivery. Plus they are new so they shouldn't have much mileage on them as well as the Enviro400's could too bring the price up. So pretty much what he/she said xD |
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RE: Stagecoach Manchester
(17/02/2013 20:40)Wright Eclipse Wrote:(17/02/2013 20:36)MX12EOC Wrote:(17/02/2013 20:32)Polo Mint Wrote: I am not disputing your rumours, but just because Stagecoach have placed an offer doesn't mean it will get accepted. First would be foolishly to sell Greater Manchester whilst keeping The Devon and Cornwall division that has near a (10%) net profit margin. Or it could give them more reason to jack up the price of a depot. |
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