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Share Name Share Symbol Market Type Share ISIN Share Description
Firstgroup Plc LSE:FGP London Ordinary Share GB0003452173 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.60 0.98% 61.95 62.15 62.45 63.20 60.95 62.50 2,760,905 16:35:07
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Travel & Leisure 7,754.6 -299.6 -27.0 - 999

Firstgroup Share Discussion Threads

Showing 4326 to 4350 of 4350 messages
Chat Pages: 174  173  172  171  170  169  168  167  166  165  164  163  Older
DateSubjectAuthorDiscuss
09/11/2020
11:22
FirstGroup plc Statement re: Covenant amendment and liquidity update As previously indicated in the trading update of 15 September 2020, FirstGroup plc (‘FirstGroup’ or the ‘Group’) expects to report a small adjusted operating profit for the seasonally weaker first half of the current financial year. This result would be ahead of the base case scenario outlined in the full year results announcement earlier this summer. As also previously stated the 30 September 2020 covenant tests are expected to be comfortably met when the accounts for the period are finalised. However, whilst the Board is confident that the balance sheet is now robust in a range of downside scenarios, as a matter of prudence the Group determined that it is an appropriate point to secure enhanced financial flexibility from its lenders for the next two covenant testing dates, covering the typical period of twelve months. The Group has therefore agreed covenant amendments for the 31 March 2021 and 30 September 2021 tests with its lending banks and USPP investors on similar terms. The net debt:EBITDA covenant has been amended to less than 5.5 times and then 4.5 times for the March and September tests respectively (compared to 3.75 times normally). At both testing dates the fixed charge covenant has also been amended to greater than 1.0 times (compared to 1.4 times normally). The Group has agreed that net debt including rail ring-fenced cash will not exceed £2.0bn and minimum liquidity levels of £150m will be maintained during this period. The Group’s free cash (before rail ring-fenced cash) and undrawn committed revolving banking facilities has remained broadly stable at c.£810m as at 6 November 2020. The Group has ‘investment grade’ long-term issuer credit ratings from both Fitch Ratings and S&P Global Ratings. The Group will continue to take all prudent and appropriate action to ensure that it emerges from the pandemic in the most robust position possible
joestalin
09/11/2020
10:41
If it hits 50p, then a very happy Monday!
joestalin
09/11/2020
08:12
A robust statement and proving a strong cash balance and savvy adjustments to 2021 convent tests. The fact they returned a profit during a global pandemic is testament this share price demise is a disgrace.Now for the news on the North American parts of the business. Happy Monday
roughandtumbleone
31/10/2020
09:52
So I was right then?
joestalin
30/10/2020
23:28
At this rate of daily decline..evidence will be looking at you in 3 weeks.
level 4
30/10/2020
14:45
Which, presumably, still remains in your imagination?
joestalin
29/10/2020
22:00
The evidence is in my buy orders at 27p, 25p and 6p respectively
level 4
29/10/2020
11:23
I think we need a bit more evidence than that.
joestalin
29/10/2020
02:09
Like I said, it's heading for that 25p double bottom.
level 4
28/10/2020
08:24
another 5% down over all 10% since Monday?
crowshott
27/10/2020
22:12
If it hits 6p before then..I'll be in!..either way, should be testing double bottom at 25p
level 4
21/10/2020
13:12
Standby for the news of the North American sale...
roughandtumbleone
19/10/2020
13:36
6p that ticked me.
captain stock
19/10/2020
11:26
Good luck with that.
joestalin
18/10/2020
20:38
I'll show you them when it takes my buy order at 6p
level 4
18/10/2020
18:41
You have some cheap cards.
joestalin
18/10/2020
17:44
Struggling at high 40p's.. Lockdown??...must test single digits.. 6p on the cards???
level 4
14/10/2020
14:11
Any news leak?
captain stock
14/10/2020
07:31
Another 25k buy via someone associated with the board. Follow the money.
captain stock
09/10/2020
15:42
Nice finish. Have a good weekend all.
captain stock
09/10/2020
14:57
1,250,000 shares purchased at 50.85...decent chunk ahead of a disposal announcement?
roughandtumbleone
09/10/2020
14:45
Looks like some strong buys ahead of the weekend.
captain stock
09/10/2020
14:31
This one line from 15th Sept trading update says it all:- * Stronger than expected financial performance, with adjusted operating profit and cash from operations ahead of our expectations during the period, driven by better revenue recovery and strong cost control
roughandtumbleone
09/10/2020
14:14
A little bit of resitance at the 50p limits to sell. Onwards and upwards, 10% today would be nice...
captain stock
09/10/2020
13:57
1,220,702,233 shares valuing the total business at just 600 million GBP and the book value of the two parts of the company up for sale is 2GBP per share...go figure! Currently 50p!
roughandtumbleone
Chat Pages: 174  173  172  171  170  169  168  167  166  165  164  163  Older
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