first buying compaines again out of area

[mikestone]

Given Stagecoach's frequency on the Wilmslow Road I would venture to suggest that this purchase is merely more evidence of  first group's inept management.

[PM]

Given Stagecoach's frequency on the Wilmslow Road I would venture to suggest that this purchase is merely more evidence of  first group's inept management.

have to say i agree here mike they dont stand a chance

[winston]

Given Stagecoach's frequency on the Wilmslow Road I would venture to suggest that this purchase is merely more evidence of  first group's inept management.

Given that First have failed to turn around other loss making operations, what makes them think they can turn around the 250k loss on £3.8 million turnover that Finglands are currently loosing..... ?

[Bob]

Anyone think the stoke operation could be sold? Distinctly lacking in investment,  no new buses since 2006!

[PM]

Given Stagecoach's frequency on the Wilmslow Road I would venture to suggest that this purchase is merely more evidence of  first group's inept management.

Given that First have failed to turn around other loss making operations, what makes them think they can turn around the 250k loss on £3.8 million turnover that Finglands are currently loosing..... ?

i guess its not a massive loss to be honest tho i wonder how they could turn that around against stagecoach who are hard to compete against as many operators have discovered

[winston]

Given Stagecoach's frequency on the Wilmslow Road I would venture to suggest that this purchase is merely more evidence of  first group's inept management.

Given that First have failed to turn around other loss making operations, what makes them think they can turn around the 250k loss on £3.8 million turnover that Finglands are currently loosing..... ?

i guess its not a massive loss to be honest tho i wonder how they could turn that around against stagecoach who are hard to compete against as many operators have discovered

It's as much as RH & KR were loosing for First

[sconehead85]

bob- Remember my suggestion of a First/NatEx swap.  OK it was shot down in flames but never mind!

sconehead85

[winston]

bob- Remember my suggestion of a First/NatEx swap.  OK it was shot down in flames but never mind!

sconehead85

There's no benefit for NX to swap,  the Dundee business is doing well for NX, but I would have liked to have seen NX participate in the recent First Group sell offs. First Wyvern, Leicester, Scotland East & London would have been on my shopping list  ;)

[pb2012]

bob- Remember my suggestion of a First/NatEx swap.  OK it was shot down in flames but never mind!

sconehead85

There's no benefit for NX to swap,  the Dundee business is doing well for NX, but I would have liked to have seen NX participate in the recent First Group sell offs. First Wyvern, Leicester, Scotland East & London would have been on my shopping list  ;)

NX they may well have tried to aquire some of first's businesses we just don't know, london to expensive look what happened last time,stoke,leicester and Worcester could still come up for sale if first require additional funds to survive.

[PM]

Given Stagecoach's frequency on the Wilmslow Road I would venture to suggest that this purchase is merely more evidence of  first group's inept management.

Given that First have failed to turn around other loss making operations, what makes them think they can turn around the 250k loss on £3.8 million turnover that Finglands are currently loosing..... ?

i guess its not a massive loss to be honest tho i wonder how they could turn that around against stagecoach who are hard to compete against as many operators have discovered

It's as much as RH & KR were loosing for First

If they had been owned by stagecoach then they could have easily been turned around compared to the loss stagecoach liverpool inherited with glenvale-that was massive and theyre well in profit now

[StourportSam]

Does anyone know when the sale of Finglands to First is likely to be completed please? So that their buses can be released back to EYMS to hopefully sort Whittle's bus shortage crisis. Whittle need about 1 or 2 more buses I think to cover their service, as demonstrated by buses not turning up or being replaced by coaches on the 3.

I see Bullocks or a similar name have bought the coach operation.

[winston]

Does anyone know when the sale of Finglands to First is likely to be completed please? So that their buses can be released back to EYMS to hopefully sort Whittle's bus shortage crisis. Whittle need about 1 or 2 more buses I think to cover their service, as demonstrated by buses not turning up or being replaced by coaches on the 3.

I see Bullocks or a similar name have bought the coach operation.

Oft site states decision date is T.b.c. I don't know why they're even bothering to investigate the acquisition, as it may lead to increased competition between First Group & Stagecoach

[StourportSam]

I don't know why they're even bothering to investigate the acquisition, as it may lead to increased competition between First Group & Stagecoach

Good Point!!

[sconehead85]

The OFT decision is to happen on 3rd December.   I think Whittle may be sold, obviously not to First, as EYMS is probably going to focus on its own area.
If First are not allowed  to buy Finglands then there will be a Stagecoach monopoly on the Manchester- Wilmslow Road corridor, so the OFT inquiry is a no-brainer.

sconehead85