Member Info for JG68

Firstgroup up 5% on less volume than NEX.
Doesn't make sense.
MMs are marking this down and FSG up. Why?
Hopefully just to fill a large order?
On up days like this it's really testing my patience.

This is being played by shorts, should be flying today, every rise is sold into. 2 increased on Friday.
They really are a pain.

Pullback!!!!
From what, its already near its all time low.

Great find Harry, one like this is well overdue.
Puts a bright spark on a gloomy day.

No, there's been no arguments for ages!!

Balloon shot down, tensions escalate, big sell off Monday.

Net debt eas 1.1 billion at HY.
80% of debt is fixed until at least 24, apart from a bond that matures in October.
Gearing was 3.1 and their range is 3-3.5.
The debt has consistently fluctuated either side of 1 billion since at least 2016.
Firstgroup have 600 million in debt.
It is likely that by the time we reach 24, interest rates will start coming down. It is also likely in that scenario that refixing debt on favourable terms will be negotiated.

The second rns should have been released on Friday 6th , surely?
Given all previous commentary from BT when talking about possible settlements etc, that information released on the 9th was known and should have been released on the 6th.
It was extremely market sensitive information and he had a duty to be more transparent and straight forward than he was.
Is that not the case?

The thing I find unforgiveable is the blatant pump RNS on 6th Jan and then dump rns on the 9th.
Thousand of investors would have topped up ir even invested on the 6th.
Totally deceiving imo.

Totally agree, sp could 15p by 2024.
And BT said "possible " returns did he not.
Who is going to believe that now.

Peakyblinder who called me a liar yesterday after I posted IRs response to me, is always banging on about the debt and how much lower he's a buyer at.

Jd up 11%, Next 4%
But the supermarkets not up much.
And what I find strange is the sells seem to significantly outnumber the buys, but it didn't stop rising throughout.

I don't want today to end!!

Back down following oil now.

You're welcome, it's quite general in its content, and no more than what would be required from the company, but the intent is positive, and Shareholder value is hopefully central.

Sent just to me, been asking for a month about a TU amongst other things, and finally after third try received a response.

FYI.
Just an extract from some communications I have received which should hopefully calm some nerves.

At the Q3 trading update we said we expected FY 2022 results to be broadly in line with expectations - and there has been no change to that - and so no requirement for us to put out a further update.

We share your frustrations with the share price performance. Unfortunately our traded share volumes are very low, partly reflecting the fact that the share register is very concentrated with a relatively few number of shareholders trading, which leads to a lack of liquidity. This lack of liquidity exacerbates movements in the share price either way. Unfortunately the bus and rail sector is now restricted to just 2 companies listed on the London Stock Exchange - National Express and First Group - which makes it less attractive to certain types of investors who may want to follow index weightings closely. That said, you are right that our share price has underperformed for the last 2 years. Clearly our Executive management team and the Board are aware of this and are continuing to take actions to improve the financial results and reduce the level of gearing. Our full year results are due on 2nd March and will contain a full update of our current position and our plans for the next year.

Let's see what dark clouds Andrew Bailey can paint to reverse the positivity of today so far.
He's such a gloomy bugger and the press will have a field day.

MEDIA-Network International said in talks to buy Mashreq payments unit - Bloomberg News

Joseywales
I sold too and took a bloody nose there, before it got broken!!
But they've come out fighting today, so not sure what to make of it.
This has been such a well run company pre covid, and hopefully still is.