G4s Share Discussion Threads

[enami] 28/9/2012 16:04

The market seems to have accepted today's Olympics contract statement well, although 2 directors have resigned, the fact that Buckles is still there is positive according to Bloomberg commentator this morning.

[enami] 25/9/2012 10:21

I missed this statement issued last Friday (timed at 00:01)

"G4S PLC Statement re Home Affairs Select Committee Report into Olympic Security"

Looks like a reiteration of stuff we already know.


Interim Management Statement date changed to 6 November

[nv200] 18/9/2012 21:41

Wonder if either Vanguarda and Interativa, are doing Rio 2016 Olympics ;-)?

[enami] 18/9/2012 14:31

Acqisition today.

Acquisitions of Vanguarda and Interativa, Brazil

XD tomorrow 3.42p. Pay 19 Oct.

[eipgam] 11/9/2012 16:49

Security firm G4S expects full Olympic Games payment

[blueledge2] 30/8/2012 16:34

I knew 270 was the point to sell. So why did I not do it?

[lucky_punter] 29/8/2012 07:56

Shares in G4S (LON:GFS) fell almost 3 per cent today after the security giant unveiled a £50 million hit to earnings from the botched Olympic contract, which was at the upper end of initial estimates.

[pro_better] 28/8/2012 11:00

lol...anyways, even if they wished to bid for contracts in Brazil, I guess they wouldnt get any....

[mail2] 28/8/2012 10:45

G4S chief Nick Buckles has ruled out bidding for contracts at the 2016 Olympics in Brazil because he fears the reputational damage that would be done to the company if the fiasco of the London contract was repeated.

[skinny] 28/8/2012 07:19

Excluding the Olympic Games contract, sales up 5.8% and improved organic growth of 5.1%. Adjusted EPS maintained at 9.8p

Organic growth of 10% in developing markets with revenue of £1,191m (31% of group total and targeting 50% by 2019)

Group margin excluding exceptional items is lower at 6.0% (6.2% excluding the Olympics Games revenue) due to the challenging US government market and UK contract phasing

On track to achieve annual cash conversion target of 85%

Olympic and Paralympic Games contract loss of £50m provided for as an exceptional item in H1

Contract review underway and expected to be completed during second half of September

Continued focus on business improvement


Service excellence centres established for all core services: manned security, cash solutions and care & justice services - part of a two year programme to support gross margins and profit improvement initiatives

Restructuring leading to a headcount reduction of 1,100 positions and £30m annualised savings, of which related costs of £24m have been taken as an exceptional item in H1, a large proportion of which relate to Continental Europe. Up to £10m further costs are expected in H2

Security remains core to global strategy and continues to provide growth opportunities

Strong global contract pipeline of £3.8bn per annum across a diverse range of sectors including the strongest visible pipeline in US commercial sector on record

[eipgam] 24/8/2012 16:59

Cheers... and good luck.

edit: just checked my history. Bought this share (then Securicor) in 2001 at 109p.

[alcimedes] 24/8/2012 16:32

Good luck eipgam.

I've been holding G4S since 2004 when I exercised my SAYE option at 64p. Events this past year have tested my patience. Nevertheless, on reflection I think that the furore over the Olympics contract was a bit of a storm in a tea cup.

I expect decent results next week.

[enami] 24/8/2012 14:46

Good decision eipgam - MONI is one of my largest holdings.

Results next Tuesday should see some movement here.

[eipgam] 24/8/2012 14:35

after all these years, I am now out. Could have done without the Olympic fiasco but didn't listen to the shorters, waited for the price to recover somewhat and now I've taken the cash to MONI. That's another share I have bought with no divi, but hey-ho!

[skinny] 15/8/2012 16:03

I agree - I was short from 281 - 245 and will be again on any sign of further weakness.

[cfb2] 15/8/2012 15:53

No disastrous news items referring to G4S during the Olympics that I can recall, only the occasional reference to the manpower shortfall.

And the £2.5m payment promised to the military charity.
And an unknown amount for the police that stepped in.
And the talk of whether future work will come G4S way:


I'm not short but I believe the medium term future for G4S may be bumpy.

CFB

[enami] 15/8/2012 14:30

Maybe still a few hanging on from the initial news reports 12/13 July I would think.

SP just poking into the big gap down 16 July after the RNS.

Half-year results due 28 August.

No disastrous news items referring to G4S during the Olympics that I can recall, only the occasional reference to the manpower shortfall.

[eipgam] 15/8/2012 14:13

Enami... all the shorters have gone now, I assume.

[enami] 09/8/2012 13:05

Folks losing interest here? Down to 7 page views per day from 700 at the big drop.

50% retracement target of July high 264.45.

SP baulking at 260 level.

50MA crossed below 200MA today.

[dare2] 07/8/2012 23:26

Anyone hearing that the police force to be privatised?

[eipgam] 03/8/2012 17:32

If BP can recover from a fatal accident and the pollution of the GoM USA coastline, GFS can recover from this...

re: 540... NUFC's stadium is called St James' Park round these parts!

[blueledge2] 03/8/2012 08:48

A slow climb back up, but steady.