Robertj21a
On Moderation
- Joined
- 22 Sep 2013
- Messages
- 7,522
The LSE is clearly impressed with FGP's results, shares are currently marked down -20% to just over a £1/share.
Makes you wonder why on earth they thought there would be better news.
The LSE is clearly impressed with FGP's results, shares are currently marked down -20% to just over a £1/share.
Quite!Makes you wonder why on earth they thought there would be better news.
Makes you wonder why on earth they thought there would be better news.
The stock market clearly wants to see more urgency in delivering their new strategy & delivering this shareholder value they keep banging on about.
UK bus disposals seem to have stalled and it will be interesting to see who takes on Greyhound. It's also interesting that these increased insurance claims provisions only seem to be confined to First, I've not seen any mention for NX's US divisions results.
In the conference call on the results yesterday, it was mentioned they are looking at a sale of First bus as a whole or in 4 regional parts when the decision is made next year.
What about the Midlands ?I'd guess those 4 regional parts are....?
- Scotland
- Yorkshire
- South East / East
- South West / Cymru
What about the Midlands ?
Not necessarily as Stagecoach/Aviva could, along with another operator, buy one, or more, of the areas and split them up.Well that rules out stagecoach and arriva, that juat leaves Transdev, Go ahead, National express, ratp group and everyone fav company from the black country.
More interesting fact which come out yesterday.
More passengers are using contactless/moblie app than cash fares on first services. Does anyone know how this compares to everyone else?
Not necessarily as Stagecoach/Aviva could, along with another operator, buy one, or more, of the areas and split them up.
Well that rules out stagecoach and arriva, that juat leaves Transdev, Go ahead, National express, ratp group and everyone fav company from the black country.
I'd guess they'd be included in Yorkshire or South East / East? I always forget the geography of the First network down that way!
I don't think the split is much like what has been suggested above. It's too unbalanced and, if it was anything similar, it would probably have to include the Midlands with the East. I think you'll find it's quite different, if indeed it ever gets that far.
I don't think the split is much like what has been suggested above. It's too unbalanced and, if it was anything similar, it would probably have to include the Midlands with the East. I think you'll find it's quite different, if indeed it ever gets that far.
It would help with management buy outs though!
It would help with management buy outs though!
More interesting fact which come out yesterday.
More passengers are using contactless/moblie app than cash fares on first services.
There's only a few paying by cash on most services I use nowadays. Hardly surprising.
On a wider point raised by others, the issue of who might be interested....look away from just other bus companies and think of investment firms. After all, of the interested parties interested in Arriva, it was investment funds not transport providers.
To be fair, Arriva is EU wide and covers trains and buses, in numerous countries. With First it's buses and that's it, within a limited area within certain parts of the England Or Scotland. You have to wonder why that would interest such companies unless the plan is to sell them off to other people?
I suspect they're not listed in the accounts under assets!First also run rail franchises you know...
To be fair, Arriva is EU wide and covers trains and buses, in numerous countries. With First it's buses and that's it, within a limited area within certain parts of the England Or Scotland. You have to wonder why that would interest such companies unless the plan is to sell them off to other people?
And Wales, without they've suddenly disowned that bit!To be fair, Arriva is EU wide and covers trains and buses, in numerous countries. With First it's buses and that's it, within a limited area within certain parts of the England Or Scotland. You have to wonder why that would interest such companies unless the plan is to sell them off to other people?
First also run rail franchises you know...
What’s the relevance of geography?
You do realise that Private Equity Funds have interests in many industries - the only common thread is making money.
And Wales, without they've suddenly disowned that bit!
If said compaines buy all of ukbus it might make £££ however if they only get certain parts would it really generate the type of profits there after? Also they might need to spend more money getting things sorted.
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