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Started: HeadingNorth, 10 May 2021 14:07
Last post: HeadingNorth, 10 May 2021 14:07
about to blow up in G4S face, so to speak...
https://www.bbc.co.uk/news/uk-57021128.amp.
Started: LondonMarket, 29 Jan 2021 16:45
Last post: SonsofGwalia, 22 Feb 2021 21:19
G4 S tupid lol lol
https://www.youtube.com/watch?v=vQfdrjn4EPY
G4S intimidation fail
Love this Guys videos on Jobsworths https://www.youtube.com/watch?v=7wuqr23GX18
Got in at 96.22, Got out at 260.2
Saw the offers got extended the day after I got out but either way more than happy with what I've got.
Thanks for all the chat throughout!
Good luck those who remain!
Started: ilikehousebuilde, 6 Dec 2020 19:18
Last post: ilikehousebuilde, 10 Jan 2021 18:54
hi taverham,
does this mean sp will collapse to 245 on monday?
Got out at £2.55 more luck than judgement !
Just heard we will accept £2.45 p from the rivals - must be jobs for the bod as a sweetner. I wonder if the rivals will now counter bid?
G4S takeover bid reminds me a bit of the sky bid where there were two bidders then three and they kept pushing up the price for some time,don't know whether there'll be a third here don't think G4S is as attractive as sky was!
Started: petere, 3 Dec 2020 18:37
Last post: Taverham, 3 Dec 2020 19:28
petere , I think you will get your price - I think the current bod are trying to get the other bidders to offer around £2.55[ and a job for themselves ] which they will recommend for acceptance. Just a couple of days to wait now. We shall see.
I have held these shares for 11 years and they have been a dead loss from day one. Poor management and wild forecasts ! Iam out at £2.50
Sold 30% bc 245p looks good and other opportunities beckon.
235p final cash offer and some insults thrown at the bod to leave them in no doubt they have no future if it goes through. Will a competing bid emerge? probably is my view.
Why the spike today?
Well there you go then up to £220 today, expect a much higher bid any time or sell at 235p
RNS today supports a much higher bid- all good here.
Would be surprised if the renewed offer exceeds £2
Historically speaking it is not worth a penny more.
Some sells here,WTF
Creeping up - something stirs!
dOES ANYONE KNOW WHAT IS GOING ON HERE MORE rns THAN HOLES IN A STRING VEST
I can see the company getting around £2.30 to £2.45 ultimately.
Looks like it's a non starter @1.90 wonder what they would accept?
Started: option1, 14 Sep 2020 21:00
Last post: pappalazz, 15 Sep 2020 12:01
Sorry to hear that option1, all the best!
held these for many years and still underwater despite today's rise but I'm inclined to hold on.Its
not what you might call a fashionable or sexy stock but I reckon there's considerable underlying strength here.
I was amazed a few years ago while on a stopover in Goa, the hotel gate to the beach was manned by a cheerful
man in a G4S outfit!
They had some unfortunate publicity from the 2012 Olympics but that obscured the company's wider aspects and
I hope from hereon in we are looking for sunlit uplands.
Started: pappalazz, 14 Sep 2020 14:26
Last post: Stormer, 14 Sep 2020 16:41
Rejected.
Even though I'm gutted to have sold out and missed this unexpected news, I still think 190p is a bargain. I wouldn't be surprised to see a refusal followed by a higher bid.
I am hoping a bidding war breaks out . In any event there is still upside at 190, so i bought some more , ignoring the risk of failed take over.
Had an automatic sell triggered at 151, haha could have made more but still happy - who would have known ;)
Started: TangoFoxtrot, 28 Jul 2020 11:08
Last post: lootgaloot, 14 Sep 2020 12:56
I must have the worst timing on the market! Sold out earlier this month. Oh well, good luck to current holders.
I sold out yesterday as I'm expecting a bit of a market wide correction and GFS will not be immune. I'm now 50% cash and judging from today's 5% fall on NASDAQ, I may have got out just in time. Not like me to get my timing right so we'll have to see how things pan out.
Good call Tango ... I am just waiting for the formal announcement on HMP Wellingborough but need to be out mid next week at latest due to other plans.
I am out now, I still think this has further to go but I have made the target set and I have been caught out in the past by not selling at my target, best of luck to all
Started: hellyeah, 14 Sep 2020 12:33
Last post: hellyeah, 14 Sep 2020 12:33
Wow!!!
Started: 0003apc, 23 Jul 2020 17:41
Last post: 0003apc, 23 Jul 2020 17:41
What a way to end the day :)
Started: pappalazz, 23 Jul 2020 10:35
Last post: TangoFoxtrot, 23 Jul 2020 11:16
Likewise and I’m in at 1.08 mine starts with a four but not enough zeros on mine ;0)
This is the only share I have at the moment that is performing well!
Glad I bought a bit more by accident, I put a 3 instead of a 1 before a few zeros!
Bought at 106 a while back :)
Started: hellyeah, 23 Jul 2020 08:37
Last post: lootgaloot, 23 Jul 2020 10:26
Great set of results. Disappointed about the dividend but that's to be expected in the current climate. I'm actually not too concerned if (as stated) the dividend is used to pay down debt. Leverage is already reducing; 2.58 versus 2.90 in 2019. I'd like to see it a bit lower as this has been a stick to beat us with in the past. Otherwise I cannot fault the performance. Looking at the results you wouldn't know we have just been through a major hit to the economy.
Increase of 30% compared to market consensus!!
Lets head back to 200p!
Started: TangoFoxtrot, 21 Jul 2020 16:43
Last post: TangoFoxtrot, 21 Jul 2020 16:43
I wonder what day this week we will see it as it said the week starting the 20th
Started: pappalazz, 13 Jul 2020 14:58
Last post: hellyeah, 19 Jul 2020 16:55
Result on Monday and hopefully positive enough to hit 150p!!
Future looks bright for G4S, just bought in and still lots of scope to rise in the short and long term IMO
Started: TangoFoxtrot, 17 Jul 2020 16:45
Last post: TangoFoxtrot, 17 Jul 2020 16:45
I see in the news today, we are highlighting the RNS from last week, I would of thought this wouldn’t make much difference
Started: hellyeah, 13 Jul 2020 08:46
Last post: hellyeah, 13 Jul 2020 12:36
I suspect all of our employees would be working (given less than 1% impact on revenue compared to prior year) so can't see how G4S is using govt furlough scheme on systematic basis!
I agree, re-rate back to 160-170p is on the cards. Hopefully re-rate ahead of 20 July results announcements.
Given the liquidity position hopefully there is an intention to pay back relatively quickly any COVID bailouts and then hopefully we might see dividends reinstated.
Forward p/e seemed to be about 6 pre covid, looks cheap here, expect this could re rate significantly.
Surprise announcement this morning!
(Sharecast News) - G4S said first-half profit would be well ahead of expectations and that it would bring forward its results announcement to the week beginning 20 July.
The security company said its business continued to hold up well during June. Adjusted pretax profit before interest and amortisation (PBITA) and underlying earnings for the first six months of 2020 will be significantly above market consensus, it said.
Started: lootgaloot, 10 Jul 2020 23:09
Last post: hellyeah, 12 Jul 2020 19:10
Onwards now... As countries open... They need our services to monitor and control social distancing... We have strong liquidity and less than 1% impact on COVID-19 on our revenue.
Hopefully this draws a line under historic fraudulent activity and the company has implemented the changes to ensure this never happens again. A little uncomfortable for us shareholders to be reminded of this in the news again but as I say hopefully we can draw a line and go forward from here.
Started: AdamPL, 10 Jul 2020 09:17
Last post: AdamPL, 10 Jul 2020 09:17
Looks like G4S are in the frame to pick up HMP Wellingborough .... £300m contract.
Started: Bsinkers, 12 Jun 2020 14:03
Last post: x66rjp, 23 Jun 2020 11:44
The sp does look odd. Are the market thinking the future looks bleak? For example, government debt growing, no money to spend on services G4S offer? Seems odd the sp has barely moved since covid.
We will come back. Rerate is on the cards, patience needed.
Yes, it defies belief....
Covid-19 impact on revenue YTD -1%
Covid-19 impact on share price YTD -50%
Slightly surprised by no lift in sp even with a great trading update. I sense a rerate on the cards. Precovid we were 200p, so significant money to be made here in near term. I will top up on Monday!!
Well I'd say that was an excellent trading update today and pretty much in line with my belief that the impact of Covid-19 in G4S has been greatly overestimated by the market.
Great to hear that since the disposal of Cash Solutions, the higher margin Secure Solutions part of the business now accounts for 90% of revenue. This bodes well for the long term strategy to turn G4S into a consultancy and technology led security provider. The work now must be on trimming the fat and focusing on this future direction.
Regarding the impact of Covid-19...
"Group revenues were 1% lower than the first five months of 2019, with revenues in Secure Solutions slightly ahead and a 16% decline in Cash Solutions. Group revenues in April and May were 7% lower."
So the impact has been greatest in the old Cash Solutions business (which is not surprising) and even though April and May were difficult, revenues are still only 1% lower than the first five months of 2019. This suggests to me that once we put the whole China flu thing behind us we should emerge as a much leaner and higher revenue business. Obviously a second wave of the virus is always a risk.
No mention of a dividend for next year but I can understand not wishing to commit at this stage but I'd say, barring an unforeseen disaster, we should see a return to dividends.
Long term the strategy to become a technology led group is looking good and I am very satisfied with today's update. A little disappointing the share price didn't react to a greater extent but maybe we'll see another few percent rise tomorrow.
Started: clairesmith, 9 Jun 2020 15:12
Last post: clairesmith, 11 Jun 2020 10:25
another good day of clearing out the low holders and balancing the previous rise.
much better to do this now then when the price is much higher, this should create a great platform to have a solid rise over the next few weeks, hello Mr.Blue-Sky
Great day of clearing out the low holders, and some good tree shaking from the MM.
This needed a rest to balance and have a more stable raise.
speak to a number of people G4S have some great potential contracts in the pipeline, and considering everything will need security for the rest of the year they are in a great place to bring in some serious revenue.
excited and looking forward to the 200 region
Last post: hellyeah, 9 Jun 2020 08:56
Further update on cash business sale, monies in the bank. We are about to take off IMO!
Started: TangoFoxtrot, 8 Jun 2020 10:58
Last post: beefcheif, 9 Jun 2020 07:32
I think the reason this hasnt rebounded quite as fast as many of us might have thought is due to many businesses going under and slashing costs, this would be offset by extra guards required in some areas, but then you have courts working on reduced capacity, this will restart, I work for G4S as a corporate guard and they are the biggest security company in the world so it wont take too long me thinks.
Morgan Stanley recently gave cineworld a target of 60p and hammerson a target of 50p - both companies are far exceeding those broker targets. Broker targets are often way out so take them with a pinch of salt.
JP Morgan raises price target to £1.25, I don’t think that will be far away IMO
Started: LondonMarket, 8 Jun 2020 10:15
Last post: LondonMarket, 8 Jun 2020 10:15
Protests are continuing in London and throughout the UK. A few counter protests are now being planned for next weekend. I imagine an increased security presence at sensitive sites, especially in central London. Assume there is a fear of 2011 repeating itself, many shops will probably want to protect their stock too. I am speculating that there is going to be an increase in an outbreak of violence at the protests as they continue, probably peaking into next weekend.