Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Hi Fenof, let try and help you here first if you instinct is seems a bit dicey I would go with my instinct and you will hopefully be making a profit,
If your wrong as I have been so many times you will regret selling but you will get over it, if I was in your shoes as its all your savings you have all your eggs in one basket I would sell up I think,
For me shares are long turm and you should spread your risk to arround ten to twenty stocks and if you can't keep your money there for a number of months even years don't buy in to it.
No we all deal different there are Day traders in and out, not for me to be honest.
And the most important thing only use money you can afford to lose,
Hope this has helped you good luck whatever you decide to do but I am going to hold on to my shares in FGP as I see value here.
I hear you, not a wise move, but ive been buying them for years and they are my only savings so its all I have lol
if for example Firstgroup announce they have found a buyer for the rail section of the business how will that affect the shares that we own? ive read that we could have to choose (as shareholders) whether want own current holdings to remain as Firstgroup shares or the separate (sold part ) of the business? seems a bit dicey to me
PYUECK great post and all true could not have put it better myself,
And as Daimlerfleerline points out reinstating the Dividend would build more confidence in the Stock and myself would like to see this happen, but I can't see it myself,
My opinion is first need to break up sooner rather than later,
Pensions big issue, Fleet totally on its last legs cant comment to much on GWR but it as I have always said its like Rich house poor house and the bus is poor house,
And wage structure I laughable and that's why they find it hard to keep Bus Drivers.
A private message to first group get out now you have no idea get out now while you can the public deserve better,
As population gets bigger and roads become gridlocked busses will be needed more than ever and you not up to the task, "sorry to say but TRUE".
But all said I still see value in FGP and I really do see £1.60 a share but there is risk but is making money at last but it's come at the cost of investment,
In my opinion relying on the performance of any share for your house deposit is not wise. To rely on FirstGroup is a very risky strategy. Yes lot's of potential upside, but so many risks. FirstGroup has huge revenue but tiny margins. The result is that it doesn't take much to wipe out FGP's profit, as we have seen time and time again. Just some of the risks I see....but there are more:
- Labour government being elected
- Loss making rail contracts
- Greyhound seems to be in terminal decline with no clear exit strategy
- Very confused UK strategy, they want to exit UK but no clear exit strategy for bus which will return value to shareholders, they have just signed a new UK rail franchise, their headquarters are in Aberdeen, but they want to be US focused. All in all doesn't make sense to me and needs another re-think.
- Litigation claims in the US, these are now very large and material to the business
- Pension scheme liabilities both in the UK and US, including on businesses they are looking to sell off. Unclear how this will be managed/liabilities.
- Industrial action
- Weather related disruption has shown that it can do real damage to financial results.
- Oil price, whether it rises or falls FGP seems to use it as an excuse either for lower customer demand if it falls or higher costs if it rises.
Fanof firstgroup good luck with the deposit. Very risky not as fast or corrupt as horse racing but you can still loose everything.
What will happen to the value of the shares ?????????????????????????????????????????????????????
That's a big question, I bought into Centrica 140 ish they offloaded the AA paid a super divi of 35 if I remember correctly ,I then I sold at 280 ish. 140 -35 =105 , But where are they now.
Many investors need the dividend income, I take the dividend as a capital return and re invest.
If first paid a small dividend I would think they could attract investment from more large players pensions ect .
I am always pleased to see investments like (Ryan Mangold buys 975000 at 119 on 15 08 19).
This type of confidence must be a good sign.
I am not a seller at £1.30 respectfully I have held Shares here for some time even at the £7 the good old days.
All shares come at a risk but let’s be honest here I think FGP is a strong buy ok the sale is not going to be overnight but first are making money and cutting all losses I respect all your opinions but I would still be a buyer at this price,
Ps good luck all what ever you decide and good luck hope it will pay your house Deposit.
Agreed I have held since 2012. Anybody that thinks this will be an easy ride hasn’t been a Fgp shareholder long enough ;) there are definitely potential upsides from where we are but also big risks.
May take a while yet need to offload some businesses and wait till west coast mainline kicks in
I have been a holder from the days of the last divi payment so it would be nice for divi or if the share rises to over £1.30 i am out ,it's time it was sorted out for the good.
Im really hoping that the share price will rise to about 160, im banking on the shares i own to use for a deposit to buy a house.
Whats peoples thoughts on how the share price will react in the pre-ceeding months if the company is broken up ?
Can't see any of the staff benefiting from the 70p SAYE most first group staff stopped paying in to at it matures Feb 2022 first will be well broken up by then,
Can't see the Feb 2021, 83p either.
they will be ok for Feb 2020 think it's 86p but they could do £32.50 per week so at today's price over £6k,
I do think FGP is very undervalued my average price is 81p and I am £42k in my private share account and I retired this year and have over 30.000 shares in my computer share account which is also about 9k up on what I paid for them,
I have waited and been patient for arround 6 years but I think this stock is going to take off I'm looking at the £1.60 this year "yes sounds mad" but first group have made massive strides to reduce costs and it's all about profits and share holders but at the same time keeping to the folicity of safety and customer service but it has to make money now or first won't do it.
First group are working to offload all uk assist but it will not be rushed and it won't be given away for nothing,
There is still bits loosing money but first bus and train are working hard to resolve this even if it has to stop whatever the loss issue is,
Good time to be a share holder but it's long overdue.
DYOR buy don't buy it's your money but this will weather Brexit it's a safe stock to own right now good luck whatever you decide.
The B.O.D. needs to pay a dividend.
Hold your nerve be patient and have faith in the changes being made.
I hope filmster has taken up the 70p save as you earn offer.