Buy
Sell
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
  0.30 0.38% 79.65 79.65 79.80 80.90 78.10 79.95 2,783,096 14:10:06
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Travel & Leisure 7,754.6 -299.6 -27.0 - 973

Firstgroup Share Discussion Threads

Showing 4251 to 4273 of 4475 messages
Chat Pages: 179  178  177  176  175  174  173  172  171  170  169  168  Older
DateSubjectAuthorDiscuss
12/7/2020
17:33
Public transport is exactly that To draw people away from the one car one driver scenario.a six month virus is not going to radically change workers travel habits.come back to me in six months time and tell me everyone is working from home and playing with their children then
the canadian mounted
12/7/2020
17:20
Did I say that transport has no purpose? No. However, I think we will see significantly less passenger numbers on main train routes in future. FGP's trains are going to city centres, carrying primarily white-collar service-sector/finance/tech workers who can afford the exorbitant ticket prices. People who work in other sectors (e.g.: manufacturing, education and agriculture) typically work locally to where they live, or are taking the car/bus to the factory/school where they work. That's my analysis, and why I'm not invested in FGP.
kmreid
12/7/2020
16:53
Nonsense you’re talking purely of office workers and what percentage of the working population is that?there would be a domino effect on employment if everyone stayed at home.its fact transport has always had a purpose in supporting the working population
the canadian mounted
12/7/2020
16:34
Lazy people will be lazy in the office or at home. Sitting blabbering in a meeting room isn't "effort". WFH makes employees happier and more productive because they: are less tired, have more money, spend more time with their kids. WFH also saves employers money because they don't have to rent massive expensive office buildings. It's a win-win all round, and technophobe boomer employers have finally realised it. Get on board or get left behind.
kmreid
12/7/2020
14:36
Working from home won’t last You don’t get anywhere near the effort You would get in a working environment Undervalued
the canadian mounted
12/7/2020
14:11
Who are they transporting, volumes will pick up, but they will not be anything near pre covid as people work from home. Goverment subsidiaries aren't going to last forever or be as generous. Depends how you value the assets - future cash flows / returns on their assets are likely to subdued.
waikenchan
11/7/2020
21:01
It’s fundamentals are it’s ability to Service the public needs in way of providing transportation. It’s assets outweigh its debt
the canadian mounted
11/7/2020
17:32
The market doesn't act on fundamentals,only sentiment. Unfortunately for first group it has practically neither going for these days.
waikenchan
10/7/2020
21:21
Net assets 97p a share once North American Business disposal. No brainier really
the canadian mounted
10/7/2020
15:49
Definitely value here
the canadian mounted
10/7/2020
15:00
Don’t understand this,the American business will almost wipe the debt out once sold.this is way undervalued
the canadian mounted
09/7/2020
13:55
the classic 'spring'....and up she goes. As I said yesterday, you'll never see these levels again. Once we go, we've gone. 120p by Christmas.
hodhasharon
09/7/2020
07:46
Ridiculous over reaction from the city
the canadian mounted
09/7/2020
07:40
Written in today's papersDon't miss the busBlame auditor Deloitte if you like. But what exactly was the market expecting from First Group's full-year results? The shares skidded 23 per cent to 37¾p, spooked by news that "a material uncertainty exists that may cast significant doubt" on the group's "ability to continue as a going concern".Auditors always lay it on thick. And dig a bit deeper and there was something vaguely reassuring about the bus and rail group's £850 million liquidity buffer. Yes, the results were the usual mess: a statutory £300 million loss, hit by the familiar busload of one-offs.This time round? An £187 million impairment for the Greyhound coach wing and a £141 million "American self-insurance provision": a hint that First Group has been over-optimistic about its real insurance costs for some time.And on the face of it there is something alarming about a group now valued at £462 million lugging around £3.28 billion of net debt. Yet most of that's leases for operating assets, including £1.8 billion for UK rolling stock in what for now is an effectively nationalised rail industry.And while chief executive Matthew Gregory warns of potentially hairy covenant tests in September and March, he's got enough fuel in the tank to steer round them. Plus a viable self-help plan.First Group's US business is up for sale, with private equity sniffing around. True, these figures are pre-corona. But in the year to March 31, the yellow student bus business had £388 million ebitda.That could command a high single-digit multiple, so a take-out price of £3 billion-plus. The transit unit, with £63 million ebitda, could easily fetch £400 million. Such deals may take time. But they'd pay off all the debt. The shares are undervalued.
aidanshaw13
09/7/2020
07:39
Totally agree with the chairman’s comment about the government advice They have been over cautious
the canadian mounted
08/7/2020
13:41
One wonders if given the current mess we won't end up with a lot of nationalised essential service industries? 'Goodwill' seems to be a large chunk of the balance sheet, I always hate to see something nebulous claiming to have a substantial monetary value.
lefrene
08/7/2020
12:53
Bankruptcy looms I am afraid.
golden number
08/7/2020
11:48
Yes in fantasy land, ADJUSTED profit was the same as last year ROFLMAO In the real world, it looks like they will have to wave a magic wand to continue servicing their debts
spob
08/7/2020
11:42
"Excluding the coronavirus impact, the Group's adjusted1 operating profit performance was broadly comparable to the prior year" Got to admire the audacity of calling a permanent shift in people's working and travelling habits, a one-off adjusted item. I guess they can't say "we're screwed".
kmreid
08/7/2020
11:33
If you had £677 million in your back pocket would you buy this gem?
lefrene
08/7/2020
11:24
yes we know it's going bust but maybe not today
spob
08/7/2020
11:13
You'll never see this buying opportunity again.
hodhasharon
08/7/2020
09:05
https://uk.advfn.com/stock-market/london/firstgroup-FGP/share-news/FirstGroup-PLC-Final-Results/82812444 Oh dear. Though not a big surprise.
kmreid
Chat Pages: 179  178  177  176  175  174  173  172  171  170  169  168  Older
ADVFN Advertorial
Your Recent History
LSE
FGP
Firstgroup
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20210517 13:26:54