The evidence is in my buy orders at 27p, 25p and 6p respectively |
I think we need a bit more evidence than that. |
Like I said, it's heading for that 25p double bottom. |
another 5% down over all 10% since Monday? |
If it hits 6p before then..I'll be in!..either way, should be testing double bottom at 25p |
Standby for the news of the North American sale... |
6p that ticked me. |
Good luck with that. |
I'll show you them when it takes my buy order at 6p |
You have some cheap cards. |
Struggling at high 40p's..
Lockdown??...must test single digits..
6p on the cards??? |
Any news leak? |
Another 25k buy via someone associated with the board. Follow the money. |
Nice finish. Have a good weekend all. |
1,250,000 shares purchased at 50.85...decent chunk ahead of a disposal announcement? |
Looks like some strong buys ahead of the weekend. |
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 |
A little bit of resitance at the 50p limits to sell. Onwards and upwards, 10% today would be nice... |
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! |
I totally agree, when it moves it will do so quickly. Market Cap is silly at the moment.4 billion just for the US side of the business. First Student operates 42,500 of the distinctive bright yellow school buses in the US and Canada. The First Transit division is one of the biggest providers of public transport across North America, used by 324m passengers each year, according to the company's website.FirstGroup today put its huge North American contract buses operations up for sale for around $4 billion after more than a year of pressure from an activist investor. |
Worth noting, there's going to be a short squeeze as it's clear the shorters are starting to close, that's clear by the reaction and tick ups. When there's a strong day, especially over 50p you'll see everyone closing out and the gap up between the pre March drop will be filled. |
I think peeps need to reread the reading update of the 15th September and it's clear and obvious why citi upgrade to a buy from a neutral. The sale of the North American business will have a very positive impact on the company and IMO the share price. The fact that cash generation is higher than expected is a sure sign when things improve further the company will see a significant rerate.DYOR but the green shoots of recovery are clearly there. |
Would be nice to have another 10% today. |
make that 10% up today. That does not look like a tree shake. |
CITIGROUP RAISES FIRSTGROUP TO 'BUY' ('NEUTRAL') |
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