Firstgroup Share Price (FGP)

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

HS2 the scam inside contractor jobs is to be cancelled
Hooray.
Birminghams a loust destination anyway.
So who ws going to get the contract to run it?
Virgin /First?
No body.
Rails finished.
Under Tory reasoning to recoup 100 Billion costs youd have to charge
1000 pound a ticket!
Do we want the likes of birmingham inna city duh varisty
coming down sarf?
Inter city firm drug gangs be the only ones who could afford it!
Stay in your village

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.