ABOUT FIRST GROUP PLC
📊 FirstGroup plc is a multi-national transport services company.
📊 It operates in numerous locations throughout Ireland, the United Kingdom, the United States and Canada.
📊 The company offers its services to social, recreational, health and educational markets.
📊 Its portfolio consists of First Rail – the largest rail operator in the United Kingdom, First Student – the largest North American home-to-school student transportation, First Bus – one of the largest United Kingdom bus companies, Greyhound – North America’s only nationwide operator of scheduled coaches, as well as First Transit – an outsourced transit management and contracting business.
📊 FirstGroup plc is a member of the FTSE 250 Index. The company employs nearly 100 000 people and is headquartered in Aberdeen, Scotland, United Kingdom.
OVERVIEW OF FIRST GROUP PLC
In 1986 Grampian Regional Transport is founded as a management company for Aberdeen’s bus fleet.
In 1989 the company becomes the first private local authority bus fleet in Scotland through an employee and management buy-out. Grampian buys Midland Scottish in 1990 for a price of £ 8.5 million. In 1994 the company lists on the London Stock Exchange with stocks valued at £ 57 million.
The company merges with Badgerline Group plc in 1995 and FirstBus plc is created.
A year later FirstBus buys the Greater Manchester bus operator, GMBN. The same year Strathclyde Buses is purchased for a price of £ 110 million and the company secures the Great Eastern rail franchise.
FirstBus acquires its first London bus business, CentreWest, in 1997.
Soon after the transaction the company is renamed FirstGroup.
In 1998 it nearly doubles its portfolio with the acquisition of Great Western Holdings Ltd.
Ryder Public Transportation Services and Bruce Transportation are purchased in 1999, making FirstGroup plc the second largest North American operator of yellow school buses.
It becomes the largest in 2007 when it buys Laidlaw International for a price of $3 billion.
Several more acquisitions take place during the next few years.
VISION & VALUES OF FIRST GROUP PLC
FirstGroup plc’s vision is to provide excellent transportation services to its customers, making their lives easier and connecting them and surrounding communities with a positive experience.
The company is highly committed to its customers, values the safety of employees and customers, is accountable and sets high standards for itself in order to operate better and more efficiently.
FirstGroup aims to offer sustainable transport, low carbon mobility, to use recourses efficiently, build climate resilience and reduce its environmental impact.
MARKET PERFORMANCE OF FIRST GROUP PLC
FirstGroup plc trades on the Financial Times Stock Exchange under the FTSE stock symbol “FGP”.
Data analysis for the company’s consolidated income statement for the year ending 31 March 2019 reports a revenue of £ 7,126.9 million. Operating costs are £ 7,117.1 million.
Operating profit/(loss) is £ 9.8 million. Investment income is £ 2.7 million. Finance costs are £ 110.4 million. Loss before tax is £ 97.9 million and tax is £ 10.1 million. Basic earnings are 5.5 pence per share and diluted earnings are 5.5 pence per share.
Adjusted operating profit is £ 332.9 million and adjusted profit before tax is £ 226.3 million.
Adjusted EPS is 14.4 pence and adjusted diluted EPS is 14.3 pence.
Before buying any stock or share one has to consider a few factors.
STEP 1: PROPER RESEARCH IS ESSENTIAL
Upon deciding you want to buy FIRST GROUP PLC Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.
Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.
STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN FIRST GROUP PLC STOCKS / SHARES
It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a $5 stock, multiply 100 by $5 to get $500.
STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE
Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.
STEP 4: OPEN A BROKERAGE ACCOUNT
A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.
STEP 5: COMMIT AND PURCHASE FIRST GROUP PLC STOCKS / SHARES
Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out. Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of FIRST GROUP PLC stocks / shares.
5 Questions to ask yourself before purchasing any stocks or shares.
- Is it the best time to buy this stock / share?
- Should I buy FIRST GROUP PLC stocks / shares in the current economic climate?
- Can I afford to buy this stock / share?
- What is the forecast of the stock / share growth?
- What is the current price per earning ration on the stock / share?