Firstgroup Share Discussion Threads

[eastbourne1982] 22/2/2018 10:48

Funny my above post got the thumbs down when it is actually factually correct !!!

Some absolute morons on these boards.

[gunwharf2] 21/2/2018 23:22

Classic over cooked sell off. Should reasonably gain a good 5% tomorrow if not more.

I certainly took advantage of the bargain price this afternoon. Will hold for medium term.

[eastbourne1982] 21/2/2018 22:29

Regarding debt, IC don't seem to have a clue.

FGP net debt was just under 1.2 billion.

GOG net debt was just under 300 million.

[boraki] 21/2/2018 22:09

IC View


The shares fell 13 per cent on the morning of the news, but there is still reason to be optimistic about FirstGroup. Refinancing of the group’s debt will cost a one-off £11m but will save £14m annually from next year. FirstGroup already has much less debt compared with transport peers Stagecoach (SGC) and Go-Ahead (GOG). This is especially true considering its corporate tax rate in the US will fall in percentage terms from the mid-30s to low 20s. We think this still looks like a long-term recovery story. At 85p, or seven times forward earnings, we reckon investors should take advantage of the shares' weakness. Buy.

Last IC View: Buy, 94p, 14 Nov 2017

[ernestsyngen] 21/2/2018 19:53

The Market has over reacted here. Soon be above £1 again in the short term.

[lefrene] 21/2/2018 11:17

You only have to buy yourself a weeks 'wander' ticket for the Greyhound system to experience what it is like to be a customer and discover what's wrong with this company. Indeed you will know on day one! My guess is that the Greyhound buses survive because there is largely no rail or other bus competition, and 200 mile plane trips are largely impractical or not available.

[dealy] 21/2/2018 10:53

Ridiculous . Weather is a temporary factor. 8 times earnings

[avi2014] 21/2/2018 09:35

Bit of an overreaction!

[csalvage] 21/2/2018 07:44

No divi again

[blueball] 07/2/2018 08:50

Bounced off 100p today.

[tonytaxi] 22/11/2017 12:28

https://markets.ft.com/data/equities/tearsheet/forecasts?s=FGP:LSENo "underperform" or "sell " recommendations in the forecasts

[sanks] 14/11/2017 17:50

Me and my bird Sheila are still waiting for that skirt drop towards 5p.
What do some of you more astute minjsniffers think...
Sensible comments appreciated

Sanks..updating level 4

[bugle4] 14/11/2017 14:37

Similar thoughts to you dealy.

I don't hold that many at the moment, and I don't discount the possibility of further falls but with much reduced debt and a forecast of PE of 8.6 it looks cheap to me.

Time will tell.

[dealy] 14/11/2017 12:11

Results were fine. Just a lousy market

[dealy] 25/10/2017 06:55

This stock is part of a large group of "unloved " stocks. Shunned by the ETF driven rally. Reckon there will be a rotation in the new year. Patience required

[tonytaxi] 24/10/2017 15:32

Hmkwan .. I may be a bit thick , can you explain that post please ? .

[hmkwan] 24/10/2017 14:07

Today some city boy tared 1m shares at 107.2 P.
SO I QUIT THIS TARED, small lost.

[alokarya] 23/10/2017 18:26

I would consider buying again around 100p before the next update in Nov. to bring my average down.

[hmkwan] 23/10/2017 09:03

now share price is 107---108 p. maybe buy ? any comm, please.

[alokarya] 12/10/2017 10:19

112p support broken. Not looking good short term.

[alokarya] 10/10/2017 15:25

Was looking to buy some more at a lower price. But decided to buy another tranche after seeing the price reversal on high volumes.

[hmkwan] 10/10/2017 11:53

trade data show,share price move 1-5 p at 2 months.
but noted that more "O" trade are display " sell"?
maybe inside knew some thing?
so waiting to news....

[alokarya] 11/9/2017 16:25

Bought some back at 114p. Hope West Face Capital pushes for some changes to get the share price moving.

[alokarya] 07/9/2017 10:59

Having sold at 150p - looking to buy back. Would be haapy to buy if it gets to around 104p.