RE: First group results18 Jun 2026 16:36
The crazy thing is that firepower1 has access to the same intel and market info as us, which points to a massive reate, shorts trying to keep a lid on things, and the usual fund/MM tactic of waiting to the last minute to buy as they can buy pre-market.
US loss making contract ended early with £40m due back and more money in out of court settlement, German loss making contract resolved and just waiting for rubber stamp that will be done by the 30th June, Debt down from 1.2b to 1b with more cost savings expected this year, First Group trade up out showing strong transport market, new spain rail freigh contracts, new Middle East transport contracts, new major spainish holder, and i-ran deal done.