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Post by southlondon413 on Sept 28, 2021 19:21:08 GMT
Have Southeastern stripped of a franchise in the past? or am I thinking of another train company? maybe it was southern. Back in 2003 Connex were stripped of the same franchise after the Strategic Rail Authority decided it couldn’t support it financially anymore.
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Post by Deleted on Sept 28, 2021 19:31:25 GMT
Could we see a shrinking of the London operations such as closing garages such as PM with the 63 loss, SI with routes moving to DS and A if the Sutton tranche routes are lost/transferred? Unlikely in the short term as share prices won’t really affect day to day running. Long term it could mean less investment, slower expansion as lenders may be unwilling to fund growth if the share price doesn’t recover and it makes Go Ahead a target for takeover whilst the shares are at their lowest. In terms of lenders as mentioned it could prove difficult for Go Ahead to raise capital for new vehicles. It’s realistic that any takeover would either be hostile or at a price the shareholders couldn’t refuse just to recover some of their capital. But I wouldn’t expect any short term changes, just major long term changes. I would also expect Govia to be barred from bidding for new DfT rail contracts so it could be goodbye to Thameslink. I do find it interesting though that Go Ahead seems to be taking a lot of blame today with Keolis barely mentioned as a joint venture partner in Govia. I just hope the service remains the same (but better would be nice!) Will Go Ahead London still run the rail replacements? I presume that provision will now have to be contracted out rather than kept in house as it is currently. I don't know about Keolis, but the finance manager resigning is a clear indication of where the fault is.
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Post by vjaska on Sept 28, 2021 20:16:58 GMT
Just been reading some very interesting share chats. Shareholders have lost a lot of money today. Many are making reference to the breach of trust comment, People are considering the reputation of Go Ahead is in tatters, and point out how unlikely it is for any new contracts to come their way ( from their biggest client, the UK Govt) A fire-sell is being mentioned as the best way for shareholders to get any recompense. In comes First ......? Could we see a shrinking of the London operations such as closing garages such as PM with the 63 loss, SI with routes moving to DS and A if the Sutton tranche routes are lost/transferred? It would be great if people could stop going overboard the minute something is announced - all we know is that Southeastern franchise is now being run under the government. Speculation on the actual franchise and even the railway replacement side I can fully understand but talking about Go-Ahead London at this time makes no sense until further information is known. GoVia has had a poor reputation for years so I really don’t see this leaving the Go-Ahead group’s reputation in tatters. Certainly, the bus side should be immune due to it’s good standing and practices within the industry
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Post by Eastlondoner62 on Sept 28, 2021 20:27:26 GMT
Could we see a shrinking of the London operations such as closing garages such as PM with the 63 loss, SI with routes moving to DS and A if the Sutton tranche routes are lost/transferred? It would be great if people could stop going overboard the minute something is announced - all we know is that Southeastern franchise is now being run under the government. Speculation on the actual franchise and even the railway replacement side I can fully understand but talking about Go-Ahead London at this time makes no sense until further information is known. GoVia has had a poor reputation for years so I really don’t see this leaving the Go-Ahead group’s reputation in tatters. Certainly, the bus side should be immune due to it’s good standing and practices within the industry Completely agree here, I don't know why links are being drawn with Go Ahead London, and how downsizing Go Ahead London will help in any situation at all. Wouldn't be surprised to see a fire sell of something, but heavily doubt Go Ahead London would be the single one of their many divisions that they pawn off extremely quickly considering the extreme investment they've put into the operation.
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Post by Dillon95 on Sept 28, 2021 20:49:24 GMT
Have Southeastern stripped of a franchise in the past? or am I thinking of another train company? maybe it was southern. Connex South Eastern in 2003 right?
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Post by Deleted on Sept 28, 2021 20:57:09 GMT
Could we see a shrinking of the London operations such as closing garages such as PM with the 63 loss, SI with routes moving to DS and A if the Sutton tranche routes are lost/transferred? It would be great if people could stop going overboard the minute something is announced - all we know is that Southeastern franchise is now being run under the government. Speculation on the actual franchise and even the railway replacement side I can fully understand but talking about Go-Ahead London at this time makes no sense until further information is known. GoVia has had a poor reputation for years so I really don’t see this leaving the Go-Ahead group’s reputation in tatters. Certainly, the bus side should be immune due to it’s good standing and practices within the industry No you’re right, let’s stop posting our thoughts on a “forum”. Or maybe, you could stop telling other people to stop. That would be great.
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Post by Eastlondoner62 on Sept 28, 2021 21:03:59 GMT
It would be great if people could stop going overboard the minute something is announced - all we know is that Southeastern franchise is now being run under the government. Speculation on the actual franchise and even the railway replacement side I can fully understand but talking about Go-Ahead London at this time makes no sense until further information is known. GoVia has had a poor reputation for years so I really don’t see this leaving the Go-Ahead group’s reputation in tatters. Certainly, the bus side should be immune due to it’s good standing and practices within the industry No you’re right, let’s stop posting our thoughts on a “forum”. Or maybe, you could stop telling other people to stop. That would be great. Well there's a difference between common sense and random links, anyone could come and talk about random links but when you are linking chalk and cheese you are just wasting everyone's time.
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Post by Deleted on Sept 28, 2021 21:07:51 GMT
No you’re right, let’s stop posting our thoughts on a “forum”. Or maybe, you could stop telling other people to stop. That would be great. Well there's a difference between common sense and random links, anyone could come and talk about random links but when you are linking chalk and cheese you are just wasting everyone's time. What are you talking about ?
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Post by Deleted on Sept 28, 2021 21:14:31 GMT
No you’re right, let’s stop posting our thoughts on a “forum”. Or maybe, you could stop telling other people to stop. That would be great. Well there's a difference between common sense and random links, anyone could come and talk about random links but when you are linking chalk and cheese you are just wasting everyone's time. Of course, you don’t need to read them do you, you boring idiot.
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Post by WH241 on Sept 28, 2021 21:14:55 GMT
Everything was such simpler when we had Network Southeast 😁
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Post by vjaska on Sept 28, 2021 21:15:15 GMT
It would be great if people could stop going overboard the minute something is announced - all we know is that Southeastern franchise is now being run under the government. Speculation on the actual franchise and even the railway replacement side I can fully understand but talking about Go-Ahead London at this time makes no sense until further information is known. GoVia has had a poor reputation for years so I really don’t see this leaving the Go-Ahead group’s reputation in tatters. Certainly, the bus side should be immune due to it’s good standing and practices within the industry No you’re right, let’s stop posting our thoughts on a “forum”. Or maybe, you could stop telling other people to stop. That would be great. You clearly have not read a single word I said - I said I understand about speculation surrounding Southeastern and even the railway replacement side which are the things you mentioned so why your getting so wound up about is beyond me. All I said is it makes no sense at this point to start talking about Go-Ahead losing garages or routes or anything else along that line and that if more information comes about, then that's the time to talk about. I mean, what I originally posted was my thoughts yet your telling me to stop - it works both ways surely not?
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Post by southlondon413 on Sept 28, 2021 21:16:23 GMT
It would be great if people could stop going overboard the minute something is announced - all we know is that Southeastern franchise is now being run under the government. Speculation on the actual franchise and even the railway replacement side I can fully understand but talking about Go-Ahead London at this time makes no sense until further information is known. GoVia has had a poor reputation for years so I really don’t see this leaving the Go-Ahead group’s reputation in tatters. Certainly, the bus side should be immune due to it’s good standing and practices within the industry No you’re right, let’s stop posting our thoughts on a “forum”. Or maybe, you could stop telling other people to stop. That would be great. As the old medical saying goes “when you hear hoofbeats, think horses, not zebras.” Similar logic should be applied here really.
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Post by vjaska on Sept 28, 2021 21:16:24 GMT
Well there's a difference between common sense and random links, anyone could come and talk about random links but when you are linking chalk and cheese you are just wasting everyone's time. Of course, you don’t need to read them do you, you boring idiot. Why the need for that, it was me who made the original comment after all so if you wish discuss it civilly, message me and I'm all ears
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Post by Deleted on Sept 28, 2021 21:17:12 GMT
No you’re right, let’s stop posting our thoughts on a “forum”. Or maybe, you could stop telling other people to stop. That would be great. You clearly have not read a single word I said - I said I understand about speculation surrounding Southeastern and even the railway replacement side which are the things you mentioned so why your getting so wound up about is beyond me. All I said is it makes no sense at this point to start talking about Go-Ahead losing garages or routes or anything else along that line and that if more information comes about, then that's the time to talk about. I mean, what I originally posted was my thoughts yet your telling me to stop - it works both ways surely not? So make that clear in future and don’t quote what I’ve written and include it in one of your posts.
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Post by Eastlondoner62 on Sept 28, 2021 21:19:15 GMT
Well there's a difference between common sense and random links, anyone could come and talk about random links but when you are linking chalk and cheese you are just wasting everyone's time. Of course, you don’t need to read them do you, you boring idiot. I take it you worked out what I was talking about then, not quite sure why I'm a boring idiot for pointing out how there's pretty much no link between the two suggestions.
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