16-04-10 16.04.10: -4.7, (370.6)

IC says Buy (374.5p): BULL POINTS Contract-backed bus and rail revenues - Growth potential in US school buses - Share rating low relative to peers - Nice dividend yield BEAR POINTS High debt - Greyhound under pressure.

Any views on these? I've been watching them for a few months - the chart isn't exactly inspiring, but the yield is starting to look attractive (6.52%).

A turn around today, with fair volume.

I am removing ALL my research from here due to the constant personal abuse, defamation and distortions of it posted by:

ptholden

hlyeo98

halifax

blackdown

kimoldfield

cynic


This bunch of abusive retards is the reason MoneyAM will NEVER have a forum worth reading.

I have reported them to support by they do nothing, either because they want to force me to PAY them for the Traders Room or because they are too lazy to do anything. Maybe the people in support are the ones perpetrating the abuse, so as to force people to pay for the premium boards. Either way the service is sh1te and a disgrace to the finance industry. No wonder there is nobody left here apart from morons.

I will continue posting my good research on boards that are run in accordance with FSA and LSE listing rules and the interests of the market, not here where ar5eh0les rule the boards and all decent research is buried under their piles of sh1te.

Another up day!

Will fall slightly after results next week ...but divi will compensate imho.

Results tomorrow.

Final Results.

FINANCIAL SUMMARY 12 MONTHS TO 31 MARCH 2011 2011 2010 Change

Continuing operations: restated4

Revenue 6,429.2m 6,261.9m +2.7%

Adjusted EBITDA1 778.2m 763.9m +1.9%

Operating profit 309.3m 364.2m (15.1)%

Adjusted operating profit2 457.4m 449.6m +1.7%

Profit before tax 127.2m 175.3m (27.4)%

Adjusted profit before tax2 275.0m 259.7m +5.9%

Basic EPS 21.4p 26.9p (20.4)%

Adjusted basic EPS2 41.2p 38.9p +5.9%

Proposed final dividend per share 15.0p 14.0p +7.1%

Net debt3 1,949.4m 2,281.5m (14.6)%

Gap upto previous support @360 - still holding.

Two upgrades today and gap filled (for now).

Just sold half for +53

Are you still trading this one skinny? Looks to have growth potential (approaching 52 wk low) plus divi.
Coming up to divi date on the 13th July '11.

Harry - yes for my sins. RBS came out with a buy and target price of 430p - probably the kiss of death. Yield still @6.72%

On edit - yes ex divi 13th July @15p 52 week low was/is 308.70

Am very tempted to have a flutter for the growth and the divi (Awesome yield).
Not really a sector I like very much though, but can't see anything bad lurking in the wings.

Last of the big spenders.

The FirstGroup plc Share Incentive Plan (the "Plan")

In common with all eligible employees, each of the executive directors of
FirstGroup plc ("the Company") and members of the Executive Management Board of
the Company (who the company regards as persons discharging managerial
responsibility (PDMRs) under the Listing rules), have been invited to apply for
Partnership Shares under the Plan on a monthly basis.

On 1 July 2011, in accordance with standing instructions for the Plan the
following share dealings took place:

Clive Burrows, a member of the Executive Management Board, chose to contribute
to purchase 29 Partnership Shares. The Company matched these shares with shares
on a two for three basis to the value of GBP20. Accordingly, Clive Burrow's
received 5 Matching Shares. Following these transactions, Clive Burrows'
beneficial holding is 82,495 shares.

The shares were purchased at a price of 343.69 pence per share.

4 July 2011

IN FOR DIV

I wish I was. Had to make a choice as not enough cash for all, so left out FGP. I think the sp may temporarily take a dive post divi, so opted to put my cash elsewhere. Good divi though.

These have been a little gem for me since April - not sure whether to move on now - hmmmmm.

Would expect sp to remain high up until divi date (13th). After that..........? Depends on whether you want the divi or not I suppose.

I did originally buy it based on its yield which, based on the shares I have left is still worth a couple of hundred quid.