FirstGroup (FGP)

In an attempt to try and bring a little diversity to this board, I wonder if anyone's looked at FirstGroup recently?

This company will be announcing their interims in 3 weeks time and I'm hoping the pretax profits will be around £65m-£72m, though I may be wrong, owever the price is currently lower than this time last year and when compared to the price mid-November 1999 when the interims were publiched we're seeing a 25% discount.

Lately the share has opened up with a huge spread reaching 300p on a daily basis before settling back to around 215 when trading starts.

Last results showed fixed assets at 725m and intangibles at 534m, this is against current cap of 900m.

Full results at March 2001 are expected to be show profits more than double those of March 1998 and this reflects a steady, yet healthy growth.