George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Looks like company is done with buy back.
Will now SP go down or stablise ?
Https://www.thisismoney.co.uk/money/markets/article-12763257/MARKET-REPORT-Bus-battery-deal-just-ticket-Group.html?ico=mol_desktop_money-newtab&molReferrerUrl=https%3A%2F%2Fwww.dailymail.co.uk%2Fmoney%2Findex.html&_ga=2.119389066.247895726.1700344404-829466088.1679172563&_gl=1*sa8rlh*_ga*ODI5NDY2MDg4LjE2NzkxNzI1NjM.*_ga_XE0XLFFF16*MTcwMDM0NDQwNC40Mi4xLjE3MDAzNDQ0MTIuMC4wLjA.
It took 10 years to turn it around. Quite a change for those who waited, or bought wisely.
21st May 2013.
"First Group Share Price Plunges & No Dividend "
--- "Shares in FirstGroup have plunged 26% after it announced a £615m rights issue in a bid to reduce its debt and said profit had plummeted. The firm, which has extensive rail and bus operations in the UK as well as a bus business in the US, said pre-tax profit had plunged 86.7% to £37.2m. FirstGroup also said Martin Gilbert, who has chaired the firm for 27 years, would be standing down."
[LINK REMOVED]
Question is, --- how high can it go?
So several positive factors driving the sp higher. Hitachi is a good move, as their battery tech' is cutting edge, and they're alrrady involved in other UK and European transport initiatives.
FirstGroup hits over 10-yr high on lease deal with Hitachi
Shares of FirstGroup jump as much as 4% to 183p, their highest since May 17, 2013
Stock among top pct gainers on FTSE midcap index
Co to form joint venture (JV) with Hitachi to lease up to 1,000 electric bus batteries for about 100 mln pounds ($123.9 mln)
JV to lease batteries to First Bus over an eight-year period, which can be extended by two years
FGP says partnership expected to contribute about 3 mln pounds per annum to its adjusted earnings by FY26 before any potential operational benefits
Adds, it expects about 20 mln pounds of savings in FY24 capital expenditure
Stock currently at session high, pushing YTD gains to ~77%
Sold the half tranche I held back on 20th September for 178.56p today executed on 178p limit at 9am.
161.17p to 178.56p = 10.5% extra.
Not long to go .
23 November 2023Results for the 27 weeks to 30 September 2023.
Yes higher div than forecast would definitely push SP higher but if they have done all the buy back then SP will fall.
Are interim results due? Could sp rise be due to a dividend announcement?
Is private equity/institutional bulding stake or is it buy back also helping SP to go up? Also looks like small shareholders (special those that were given free shares or bought through undesr SAYE OR BAYE) have sold out when sp started going up.
Did not look so wise 24th October when it fell back to 144p , nearly back to the 22 August 2023 top up price of 142p
Thank God I "changed mind today." as posted on 20th September below.
Up to 176.5p today's new 10 year high.
State Street Nominees Limited have been buying. They have 15% share. Are they buying on behalf of private equity to do a takeover?
Taverham. - Company announcement. Can't trust what they say. They always print bright future and hide bad
Roy, company announcement in RNS.
This company like wasting money. E.g they have started running Leicester to Birmingham Airport mini coaches which is definitely not going to be successful but management can't see . Instead they should expand local service and concentrate on them.
Taverham - Reasons what that's makes you think profit wii go up.?
Profits to beat expectations by a huge margin should lift the sp here by 5 to 10% imv,we shall see.
Sold half the 23rd August ISA buy, back for 161.17p lifted 3pm .
Could not get 160p yesterday and for over a week.
Company buying back own shares rns's
Was going to sell that whole buy , changed mind today.
Does anyone know how many more is left for buyback? Once this is done SP will go down
Bought in ISA 142p