||EPS - Basic
||Market Cap (m)
|Travel & Leisure
FirstGroup Share Discussion Threads
Showing 4026 to 4049 of 4050 messages
|Massive volume today.|
|Plenty to go here, 1.50 in 12 months, especially if dollar stays strong.|
|This is still very cheap if the forecasts of the analysts are believable.
earnings per share about 12 p for this year and 14p for next year. Applying a 10 to 15 times p/e one will get a reasonable fair price range of 120 to 200 p as price target.
Detailed Broker Forecasts 2017 2018
Broker Date Rec Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)
Shore Capital 23/12/16 BUY 193.80 12.00 4.50 228.20 14.10 4.60
Investec Securities 27/07/16 BUY 192.50 11.95 2.40 225.00 13.79 4.15
Canaccord Genuity Ltd 19/09/16 HOLD 191.10 11.80 204.90 12.50 2.50
|FGP moving faster than one of their buses at the moment!!|
|For what it's worth, I hope the strategy isn't focused on dividends. The real money for shareholders is best realised imho in either selling off or ipo'ing the us businesses.
Train franchises, double edged sword. Depends entirely on the terms of the franchise. I bet most of the recent winners of franchises are not feeling so happy about them now.|
|Still no mention of dividend restoration. Debt being paid down though so that's a positive. Couple of rail franchise wins will perk these up|
|Yes, maybe let's see the profit figures!|
|The corpse showing signs of life!!|
|Trading update tues 7th.|
|Continuing weak pound against the dollar gotta be good for first group. Significant earnings growth forecast for next two years, forward pe of 8x.|
|It's the very poor service on Greyhound. Try getting an open 'wander' ticket on Greyhound, and then experience the hours you will have to stand in line if you don't have a reserved seat! They treat their customers like cattle and lose huge opportunities to sell them food and drink, because they dare not leave the line for fear of losing their place. Typical lazy over paid directors who never go and experience their own product! A bunch of girl guides could do a better job.|
|Until the market has any confidence of this company delivering on any of its promises the share price will struggle. The directors must think investors have memories like sieves. We were promised:
- Dividends to rise in line with inflation
- Then after rights issue £50m dividend first year and then 2-2.5 times cover going forward
- capital spending to peak in ye 2016, it didn't it is still rising
- margins to be in double figures in medium term (2013 strategy). We are nowhere near and it's 2017.
- the rubbish that we have been flogged about the fall in their biggest cost fuel being the reason for greyhounds problems. It's not, it's cheaper competitors like megabus offering as good/better service at lower costs.
I still think at some point this stock could come good. The fundamentals are still pretty solid, if the could just improve margins a bit and if they could negotiate lower interest on bonds this could fly.
However in my experience there are some companies that just have a habit of continually disappointing and this is one. The results are usually a catalogue of excuses, low fuel, snow, traffic, rain, strikes, unhappy drivers, not enough drivers etc etc. I guess the company is large and every year some things will go wrong but that should just be business as usual not an annual reason as to why they have missed all their targets.
Yet still the directors have done very nicely out of this all....|
|How many days will this be stuck at 1.04 lol!!!|
|Net debt still high but at least they are paying it down. Better to do this than pay a divi.|
|Results look good! As if. Miniscule profit on two and half billion of revenue.|
|Results look good|
|No divi again?!|
|15% corporation tax for fgp soon in trump's america?|
|I'm confident that this unloved sector will do extremely well too :-)
One would be wise to position in value stocks right now :-)|
|I was recommended these by a manager of a small fund in Edinburgh,a few days after brexit vote >he said of all the shares he had this one he expected to double over two years.I bought some at 93p and £1.03 .|
|We need Sanks back with his 9p target, he usually sends the share price into orbit :-)
Unfortunately, i think he got wiped out with his 2.78 price target on AAL :(|
|Goldman 1.68 target price, turnaround programme to deliver strong earnings growth.|
|Still a while before I'm off the gruel as a result of this one! And if only I was joking. Tim said the results this year will be better, let's see if that actually happens!|
|Public transport sector unloved.
Until now :-)
Happy days chaps! :-)|