G4s Share Discussion Threads

[coxsmn] 16/7/2016 20:19

Srpactive, i agree your logic is sensible, main headwind for gfs seems to be debt. Cyber security could be another good area e.g NCC but high p/e of 20 and lower divi.

[srpactive] 16/7/2016 20:07

To tell you the truth not sure, maybe wrong use of armed, but
guards are definitely going to be in demand, especially as most
of gfs work is in that part of the world.

dyor

[coxsmn] 16/7/2016 18:40

Srpactive, does gfs use armed guards?

[bprofit] 11/7/2016 08:40

Interesting development:http://www.telegraph.co.uk/business/2016/07/10/embattled-g4s-to-sell-cash-machine-operation-to-reduce-debts/

[sandeep67] 13/6/2016 15:33

Could have been a McDonalds employee for all we know...

[sandeep67] 13/6/2016 15:29

Just been told by my lawyer that by law an employer is liable for an employees negligence.So as he wasn't working at the time, the employer isn't liable for anything...doubled my long

[neilyb675] 13/6/2016 14:18

Better to watch for now......

[che7win] 13/6/2016 12:53

This was not on their watch, how can they be held responsible, the only issue is the vetting of all employees, that's were I see the cost.Not a holder...

[neilyb675] 13/6/2016 11:47

Hmmmmmm, BP all over again......

[essentialinvestor] 13/6/2016 10:53

Multiple income funds hold this.

[grabster] 13/6/2016 10:04

It's to do with the company losing business in the US. Shorters are obviously going to benefit, but even without their involvement, the share pric was already in decline.



The Telegraph 20 minutes ago:

"Shares in security company G4S have plunged to a seven-year low after it confirmed that Omar Mateen, the man who killed 50 people in an Orlando nightclub, was one of its employees."

"An analyst, who declined to be named, said: “G4S has a big presence in the US. This doesn’t reflect well on them, and the US government may take the decision to keep away from giving them more work in the light of this.”


All it needs now is for Donald Trump to put the boot in with some reference to not trusting non-US security companies.

[salpara111] 13/6/2016 10:03

Relatives of the dead cannot sue the US government so they look to the next set of deep pockets.
I am a pragmatist and I would rather take a few pennies of loss now than hold a stock that will be under a cloud for at least 6 months.

[srpactive] 13/6/2016 09:41

If the police and the fbi cleared him, what can gfs
do? Lets not be silly about this, shorters trying to
set panic in.

dyor

[salpara111] 13/6/2016 09:08

Well, I have sold my stake for a few pennies loss this morning.
I am not willing to watch this car crash unfold.
Given the size of jury awards in the USA and 50 dead this could literally bankrupt the company.

[grabster] 13/6/2016 08:53

UPDATE: Families of victims have wasted no time in announcing that they WILL sue G4S. (Why??). The bad publicity as well as the cost will damage the company.

[grabster] 13/6/2016 08:04

GFS are surely going to have to issue an RNS statement regarding questions over their vetting procedures after yesterday's Orlando shooting. Three years since the killer was checked, despite being interviewed 3 times by police and investigated by the FBI. They may well be sued bigtime.

[bigboots] 10/6/2016 16:47

Massive volume today !!!

Something is up

[bigboots] 10/6/2016 16:47

Massive volume today !!!

Something is up

[srpactive] 10/6/2016 12:55

A little less bad news and a start of a bit of good, very small
contract with the royal mint and talk of linking with the banks
providing desks with staff available to talk and deal with, which
will go down very well with the older customer and very good news
for gfs as the population is ageing.

I continue to increase here, in gold miners hgm, paf and oilers
lam.


dyor

[minerve] 10/6/2016 12:41

Anyone know why this is fighting the tide today or is it just institutional flow?

[salpara111] 05/6/2016 11:40

Taken a first stake.
The share price seems to have found a bottom around the 180 level and it is supported by a 5% yield which should limit further downside.