@sipj- Looks good direction (move) of travel under current circumstances. If First can win franchise when council starts taking control of local busses it will be very good but alway there is negative side. It might happened like what happened with TfL . I have now keept small amount in FGP and have deploy funds to other companies special into Global investment trust rather than individually companies. Still keeping eye on individually companies if opportunity come ( include for FGP) will go for it and sell quickly as soon as have made few percent profit or loss.
Yes good point. How much and what they will do with that cash payout as dividend or buy back or reduce debts. Knowing First they will blow that on buying something silly an
What next Busses under council? Or like TfL and Manchester. Will First be able to survive under these circumstances or will they do even better? Personally I don't have faith. I am surprised SP is not lower than it is. Is it because of buy back
@helloDave Uncrossed @69p. Doesn't give any clue. That is nearly same price trading only slightly lover than last few trades. I am not expert at reading this it is from watching previous bid for another AIM listed company.
Are investors included large institutions ditching UK shares because of better prospects in other countries specially USA. Only investors buying are small shareholders and employees.
Mr. Lundgren will step down as CEO in early 2025,27 Nov 2024 10:12
Is this the reason he has made results look good then they are, so can have a massive payout. Can you trust the results? I don't as accountants can make 4+1=7 or whatever CEO wants