30p per share? looks good to me.
"The Board of FirstGroup plc has announced proposals of a reorganisation of the Company's share capital. Subject to shareholder approval at a General Meeting to be held on 27 May 2021, the Company intends to return approximately £365 million to shareholders via a Return of Capital, the equivalent of 30p per share. The date for payment is yet to be announced." |
I've just reiterated my SELL note to clients with a possible shaggers drip towards 7p This Indian variant is gonna set off the major drips. Please be careful as it's always quiet before the storm.
Sanks.. with a 7p level 4 target |
I see Coast are pushing potentially for a higher dividend return. |
Indeed... that gave a small boost to share price so far this morning ( a pleasant surprice : -) whilst FTSE is noticeable down along with SGC, GOG, NEX. Also on the bright side then little ROL is up after another director purchase. |
more good news today. extra 50m. |
surging optimism about the uk economy but this languishing. very strange |
not yet. anyway, dividends should not affect share prices. if the company has the cash or pays it directly to shareholders (transfer from one pocket to the other) it doesn't make a blind bit of difference. The shares will simply fall 30p the day it becomes ex dividend. Having the cash though is very important to the fair value |
Has there been a date set & a ex date for the 30p div? |
Stop trying to ramp..its not covid free..its getting taken that way, ONLY TEMPORARILY!!..then..... BANG!!... Removal of state assistance..spike of cases..back to complete lockdown = SHAGGED!!
Hope this begins to make some sense before the drip drip BANG 7p |
UK is a few weeks away from being Covid free. Lots of bus and rail travel coming soon |
Excellent the share price is changed from down 5p to down 2p hopefully this is the end of this relentless fall over the past few days maybe the share was under attack by shorters. |
Day traders are using first as a punch bag, some making peanuts, i now realize that the risk here is high, would love a rns or Directors buying in, to help calm nerves as to me anyway the fall is highly unusual, makes investors scared , and sell when they shouldn't. |
why would they need to issue equity if a pile of sale proceeds is coming in?I think it's a forced seller |
Theres talk on another MB of rights issue being mentioned hence large fall, I've not seen anything but could make sense as i personally can't fathom why the share price has fallen over 30% in a few day's just doesn't make sense. |
Well down. |
FYI
ADVFN: The Battle For Control Has Begun! Takeover! The Israelis Are Back! £2/£3?
Dan x |
Chess123, how will the expected government tapering of assistance to bus and rail businesses affect the bottom line here? |
Still in shock at how rapidly the share price has collapsed , like 30p in a few days.. yet when EQT said they wanted to buy the share price rocketed, when they did buy the share price goes into freefall. |
rimau, you only have to buy a roaming ticket on Greyhound to realise just how clueless the managers of this company are. A girl guide could do a better job, there's lots of wasted opportunities for cross selling, and for making the experience of using these buses much more pleasant than the grim experience that it currently is. I can only conclude that no director has ever bought a roaming ticket and actually spent a few days experiencing the 'product'. Instead of taking an intelligent look at Greyhound and adding value at very little cost, it looks like they are desperate to dump it because they can't be bothered to understand it, and thus add value. |
Look for entry in the 60s being used as a punch bag by day traders |
Knowing: just seen that great broker Jeffries, i still think we're going into 60s ,as very strong selling pressure, im looking to buy more was tempted earlier but glad i didn't as now down 4.5p ,will sit back and wait |
SHEILA REITERATED HER SELL STANCE ON FIRSTGROUP WITH A 11P SHAGGERS TARGET
Hope this helps all including the nob jockey traders |
somebody tell that to the sellers. worst reaction i have ever seen to good news |