Firstgroup Share Discussion Threads

[robertfaulkner] 06/10/2015 15:30

When oil went down, FGP went down because(we were told) more Americans could afford to drive their own cars and not use Greyhounds, now oil is on the up and guess what FGP goes down

[robertfaulkner] 06/10/2015 03:32

Sanks, we need your acerbic wit on Serius Minerals (SXX) both on LSE and ADVFN

This AIM company wants to open a fertilizer mine in N Yorks but can't just dig the stuff up, it has to go down 1 MILE, then getting it to the surface, it can't just put it on lorries to Teeside.

Because it is in the N York Moors Nation Park, it has to build a underground conveyor system, nearly as long as the Channel Tunnel to get the stuff to the port.

Rampers are telling people to invest in it

We need your views to counterbalance

[robertfaulkner] 02/10/2015 02:00

Shanks where have you been lately?

True sheep shagger aficionados are few and far between.

[blueball] 29/9/2015 05:55

Sanks is right 7p target here and at GLEN.

[ruethewhirl] 29/9/2015 01:16

Sanks - please go to GLEN and share the wisdom.

Tell the nobular ones what Sheila's nose knows.

[sanks] 22/9/2015 23:09

I think its coming for my bird Sheila's 5p, 7p target
Sensible comments appreciated

Sanksalot

[robertfaulkner] 08/9/2015 19:21

Even lower today, is it going below £1

B Fisher, I thought lower fuel prices would be good for FGP, experts said FGP had long term hedging contracts of higher oil prices and experts said low petol costs in US means more people will drive their own cars than pay for greyhound tickets

You just can't win

[dealy] 05/9/2015 11:47

share price down on low volume in a horrific market

[bottomfisher] 02/9/2015 09:51

The weakness of FirstGroup’s share price over the last year, in the face of sharply falling oil prices which one would think would be good news for a global transportation group, is a mystery to me. However, one potential bit of good news is last week’s appointment of Matthew Gregory, 45, as FGP’s new finance director. He replaces Chris Surch, 54, whose decision to leave FGP after just three years had made me a tad nervous.

Gregory has been poached from Essentra, a global plastic, fibre, foam and packaging products group. Essentra, which used to be known as Filtrona, might not be a household name, but its market cap is nearly twice that of FGP and its share price performance has been far superior.

Judging by the comments of Jeff Harris, Essentra’s chairman, and Colin Day, Essentra’s CEO, Gregory has done a good job and they are sorry to lose him after 12 years. The fact that Gregory appears to be taking a substantial cut in salary to join FGP suggests that he, at least, believes in the FGP recovery story and its ability to deliver “sustainable growth with good financial returns”.

[robertfaulkner] 24/8/2015 21:00

Are they just at the pricing of there offer stage?

Any idea when the gov is due to decide on the winning franchise?

[tonytaxi] 20/8/2015 15:30

Robert.
They have been for Abellios East Anglia and continuation of Transpenine.

[robertfaulkner] 18/8/2015 08:36

Weren't FGP supposed to be short listed for train franchises in Aug, any news?

[philanderer] 14/7/2015 09:40

David Buik ‏@truemagic68 16 minutes ago City of London, London

Panmure's Gert Zonneveld reaffirms a 'HOLD' recommendation for FIRSTGROUP

-------------------------------------------

'FirstGroup revenue hit by franchise losses and cheaper fuel'

The transport operator said growth is challenging but its turnaround plan remains on track

[philanderer] 03/7/2015 12:08

Lower today on UBS downgrade.....


Shares in FirstGroup fell 3% after UBS downgraded the stock to 'sell' from 'neutral', pointing to the recent strong rally in the share price to a level above its fair value.
With the most recent results, FirstGroup has shown that its margins are improving and heading towards the targets set in 2014, said the Swiss bank.

Although this should help drive cash generation higher, in the near term, UBS expects the company's margins to remain below that of peers in the key areas of School Bus and UK regional bus and said that as a consequence so too will free cash flow.

"Furthermore, while we expect Student to hits its margin target for 2017, owing to the pressures of driver shortages, wage inflation and competition between operators, we assume that the UK Bus target will be met in 2018 rather than 2017," it said.

UBS lifted its target price on the stock to 112p from 104, primarily as a result of higher estimates across the divisions following the company's full-year results.

[dealy] 11/6/2015 09:46

Thanks Phil. Definitely a good bet on population growth in the UK and USA.

[philanderer] 11/6/2015 09:16

Tipped in the D Telegraph:

Questor share tip: Buy FirstGroup as turnaround is on track

Transport group says profit margins are recovering after overexpanding in the US before the financial crisis, says Questor

[robertfaulkner] 11/6/2015 08:59

OIl prices down was said to be bad for FGP because more american's will get in their cars and not use Greyhounds. (I also thought low oil prices would be good for FGP)

Will we see a further rise today or a bit of profit taking, down a little pre 9am

[wipo1] 10/6/2015 20:18

Well done dealy. The market slow to catch on increasing fares, economy picking up, migration up, oil prices down.

[dealy] 10/6/2015 14:21

well my screaming about the share price at 90p looks to have been validated. I think the shares are worth 150p but given the horror sell offs that hedge funds induce regularly on the markets i will take 125p now for half of my shares.

[robertfaulkner] 10/6/2015 09:22

Up 6p + 5% on results, can't last????

[robertfaulkner] 03/6/2015 19:53

so possible it is the results due that has increased the SP? (added to the Tory win)

[alokarya] 03/6/2015 11:02

Looking good going into the results next week.

[robertfaulkner] 02/6/2015 14:35

Anyone know why the share price keeps increasing?

If it get to 120p I'm in profit for the first time for ages.

[sawadee3] 27/5/2015 12:48

I was gathering up more FGP/Stagecoach up pre-election. Both making me very happy :-)

I never really believed the Labour clowns would get back in.

Currently sat on my hands waiting for a re-entry into the bashed up oilies which had also been very kind.

Happy days chaps :-)