soi
19 Jul 2017
Re: The deathcross is in Hi RipleyWell Done.You`ve some similarities to myself, usually hold when a trade goes wrong.I`ve nothing in GFS currently, looks to me to be a good candidate for a short though.ATBsoi
Ripley94
19 Jul 2017
Re: The deathcross is in Yee WoSorry if you were troubled by the post i" just put it out there"G4S is a good example of a share i purchased on a dip , fell after so was losing but just left "in bottom draw " as some say.No i have not calculated divs over time ( seem to recall might of been stopped around Olympics time )Just wondered what peoples thoughts were on a return over such a long period of time.I hardly ever sell losing positions just hold.
Yee Wo
18 Jul 2017
Re: The deathcross is in "Just sold my holding which i purchased on 17/09/10 for 250.Wanted to raise some funds.... no view on company.Set limit ( S ) 335... lifted 336.1. So that is a 35% aprox gain, after near 7 years, plus any divs ??The idea must me to beat % rate on deposit or some sort of bond , collective investment.I wonder how it does compare ?" - I'm not entirely clear on what the above statement means?(!). Have you not calculated the effect of the dividends?, don't you know your annual rate of return? What are you wondering what it compares too? - Anyway G4S has done great work for me in the 385 days I've held. XIRR of 86.5% including dividends received. I see no reason to sell! Any ideas why the circa 3% rise in SP today?
Ripley94
18 Jul 2017
Re: The deathcross is in Just sold my holding which i purchased on 17/09/10 for 250.Wanted to raise some funds.... no view on company.Set limit ( S ) 335... lifted 336.1. So that is a 35% aprox gain, after near 7 years, plus any divs ??The idea must me to beat % rate on deposit or some sort of bond , collective investment.I wonder how it does compare ?
II Editor
28 Jun 2017
NEW ARTICLE: Five key stocks rated 'buy' "The support services sector is one of the broadest around, home to blue-chips as diverse as security provider LSE:GFS:G4S, pest controller LSE:RTO:Rentokil Initial and credit checker LSE:EXPN:Experian. Performance has been equally diverse, but ..."[link]
II Editor
25 Apr 2017
NEW ARTICLE: 11 shares to beat record-breaking FTSE 250 "The FTSE 250 is back on form. The UK's mid-cap index just hit a record high for a second day at 19,647, taking the rally since Prime Minister Theresa May announced a snap general election on 8 June to 1.9%. In truth, it isn't a surprise-we ..."[link]
II Editor
08 Mar 2017
NEW ARTICLE: G4S rockets to 21-month high "LSE:GFS:G4S's accident-prone reputation will take longer to repair, but for today the global security provider is basking in some positive publicity. It's only blunder this time appears to be burying good results on the day of the Budget.Shares ..."[link]
nk1999
31 Jan 2017
RBC Cap From ADVFN:"G4S shares rose on Tuesday as RBC Capital Markets reiterated an 'outperform' rating and lifted the target to 310p from 280p, citing higher medium-term cash flow forecasts."As the group deleverages and starts to demonstrate cash flow improvements, we see significant scope for a re-rating, as the market focuses on the strong market positions and high organic growth potential of the group," RBC said.The broker expects free cash flow rising 65% over a four-year period. The group is trading on a free cash flow yield of 11% for 2020, more than double the sector average for 2017.RBS believes the security services company is well positioned in an industry that is set to grow at more than 6% per year through to 2023. G4S also has "strong market positions" in the US, the UK and emerging markets, which accounts for 40% of sales and 50% of profits."G4S, unlike many of its peers, can provide all facets of security from consulting to guarding to electronic security," RBC said."We forecast average organic growth of 5.2% per annum over the next three years. In the short - term, we see security growth remaining strong with terrorism threats, migration, increased border controls and the uncertain political environment all helping."
nk1999
19 Jan 2017
Barclays view From ADVFN:"Security services company G4S got a boost after Barclays upped its stance on the stock to 'equalweight' from 'underweight' and hiked the price target to 260p from 160p.The bank said it reckons this year will see a combination of high organic growth, cost savings and balance sheet deleveraging.Barclays' more positive view on organic growth and margins as well as favourable currency moves and the removal of its assumption of a credit rating downgrade lead it to upgrade its earning per share forecast for 2017 to 18.1p from 15.8p.The bank expects organic revenue to be 5% in 2017, which would be the fourth highest of the 30 business services companies it covers."The growth is supported by good contract wins and firm demand for security services. At the same time, after more than one false dawn, cost savings from multiple initiatives started by management in 2013 could now be set to come through."
Hyperproject
10 Aug 2016
Is it Christmas G4S, Rolls Royce, Arm, Spirax Sarco, Renishaw all in a month, I only need BAE and I have the set!
Yee Wo
27 Jul 2016
Brokers Round Up: - 160p - 25 Jul 16 - Barclays Capital185p - 25 Jul 16 - Exane BNP Paribas281p - 13 Jul 16 - JP Morgan Cazenove157p - 04 Jul 16 - Jefferies International210p - 28 Jun 16 - Credit SuisseNone of the above really represent anything beyond "Puff Pieces" that put the name of Said Bank into the Media, none of the targets time bound or rationally quantified. That said still Interesting to read, clearly JP Morgan's enthusiasm is the sort of Confirmation Bias I like!!!
Yee Wo
27 Jul 2016
Re: RBC Cap "Given lower bond yields, the pension deficit is potentially higher."Given the possibility of Lower Bond Yields for Far Longer than anybody may really like, G4S like many many other companies will Have to Close any DB pension provision. I will be furious if the turnaround of G4S requires a RI while they are still contributing towards totally unsustainable DB pensions! Does anybody know the value of the deficit?
nk1999
25 Jul 2016
RBC Cap From ADVFN:"RBC Capital Markets raised its rating on G4S to 'sector perform' from 'underperform' on Monday and reiterated a target of 170p for the security giant.The analyst said G4S looks set to benefit from a weaker pound while demand for the security industry has increased following recent terrorist attacks in Europe. RBC also believes Brexit will not impact G4S from an operational perspective."We believe G4S should really be a 3-4% organic revenue growth company, with broadly stable margins and a high cash conversion," said analyst Andrew Brooke.The stock has suffered recently on balance sheet concerns as the group has a high level of debt along with a high current dividend payout, pension top-up payments and onerous contract cash costs. The drop in the pound following the UK's vote to leave the European Union on 24 June has also affected debt in euros and dollars. Given lower bond yields, the pension deficit is potentially higher. As a result the balance sheet position is likely to have deteriorated, RBC said."To get round this, we think management should bite the bullet and raise equity - we think £400m makes sense," Brooke said."
nk1999
04 Jul 2016
Jefferies From ADVFN:"G4S shares fell on Monday as Jefferies reiterated a 'underperform' rating on the stock and cut its target to 157p from 160p.Jefferies said a slowdown in emerging market economies, the Brexit vote and tragic events in Orlando have created stumbling blocks for the security sector."The security industry has proven resilience and G4S is commendably refocusing on a higher quality core, but recent events create headwinds," Jefferies said.Jefferies downgraded its earnings per share estimates for 2016 and 2017 by 7% and 8% respectively. The broker said risks include political changes, delayed bid timetables, contract mobilisation and dislocation in some emerging market countries as global carry trades unwind.Jefferies suggested a 240m equity placing would derisk the balance sheet and allow attention to return to long-term value drivers."
Yee Wo
02 Jul 2016
Re: info I bought ab initio the other day at 180p. I agree with the sentiments expressed concerning covered high-yield and benefitting from Sterling weakness. I did notice when Brexit happened everything fell, but only the FTSE100 stocks seemed to recover with any speed. It did seem as if 250/All Share stocks fell and stayed down. This was the macro-backdrop to my getting into G4S. I like a good turn-round particularly one that keeps paying dividends while we wait! GLA........
