Trade FirstGroup Shares

FirstGroup (FGP.L)

About

FirstGroup plc is engaged in the provision of passenger transport services. It operates in four divisions: auk Bus, auk Rail, North America and Greyhound. A fleet of nearly 9,000 buses carries some 3 million passengers a day in more than 40 major towns and cities.

Industry

Travel & Tourism

Website

www.firstgroup.com

Trading Options

Financial Spread Betting
Contracts For Difference
Share Dealing / Stockbroker

FirstGroup and Market Latest News

Yahoo! Finance: FGP.L News
Where can I get dividend income? test personal finance (Other)
The recession and financial crisis have caused many companies to revise their dividend policy. Many have cut payouts, hurting investors relying on dividends to boost their income.
London mid-morning: Footsie in the blue (ShareCast)
Footsie is higher now, with life assurance group Standard Life among the stocks lifting sentiment.
Canada's Olympic Railway
There are North American railway companies Buffett is yet to buy into.
Wednesday preview: Autonomy, miners (ShareCast)
Data search software Autonomy has a reputation for putting out marketing messages thinly disguised as regulatory news items, most of which can be safely ignored, but the broking community will be tuning in to Wednesday's fourth quarter results announcement with interest to see whether the company will revise its 2010 guidance.
Chaotic Thameslink offers extra compensation [at Financial Times] (FT Times)
Passengers on the chaotic Thameslink commuter line will be able to claim free travel or discounted tickets in addition to the usual compensation, the train operator FirstGroup said on Wednesday.
Broker snap: De La Rue outlook 'excellent' (ShareCast)
Banknote printer De La Rue today reported strong trading in its third quarter and analysts at Ambrian feel the dynamics driving the outlook remain 'excellent'.
Tuesday tips round-up: FirstGroup, Templeton Emerging, Hiscox (ShareCast)
Bus and train group FirstGroup has been called "the worst company in Britain" and the Telegraph completely understands this point of view but believes from an investment point of view, there are compelling reasons to buy the shares.
Tuesday tips round-up: FirstGroup, Templeton Emerging, Hiscox (ShareCast)
Bus and train group FirstGroup has been called "the worst company in Britain" and the Telegraph completely understands this point of view but believes from an investment point of view, there are compelling reasons to buy the shares.
PRESS DIGEST - Financial Times - Jan 21 (Other)
Adonis warns Thameslink rail operator (FT Times)
The train operator responsible for running the chaotic Thameslink service could be stripped of its franchise if it fails to restore the full timetable by the end of the week, according to Lord Adonis, transport secretary.
London close: Healthy gain for Footsie (ShareCast)
London blue chips rose near the close to finish the day handily ahead, despite a disappointing response to the latest retail updates.
FTSE 250 movers: Dairy Crest the cream of the crop (ShareCast)
Dairy Crest, which is in advanced discussions to sell 50% of Wexford Creamery to Wexford Milk Producers for about €9m, is one of the best performers in the FTSE 250.
London afternoon: US data hits London (ShareCast)
Disappointing US retail sales for December had repercussions this side of the pond, prompting the morning's gains to be pared. US retail sales fell by 0.3% month-on-month in December, against expectations of a slight rise.
London mid-morning:Mixed bag for retailers (ShareCast)
Retailers dominate the corporate announcements calendar today but it is miners that are spearheading the market’s recovery from yesterday’s poor showing.
FirstGroup reports Q3 growth (Reuters MOLT)
UPDATE 2-FirstGroup reports Q3 growth, full year on track (Other)
London open: Miners leading the way (ShareCast)
Miners are leading London's top stocks higher in early dealings on a busy day on the company news front.
FirstGroup reports stable Q3 trade (Reuters MOLT)
UPDATE 1-FirstGroup reports stable Q3 trade (Other)
FTSE seen opening higher (Reuters MOLT)
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FirstGroup: Financial Spread Betting vs CFD vs Share Dealing

Table below compares Financial Spread Betting, Contract For Difference and Share Dealing trading. For simplicity we use the average brokerage fees to calculate the profit/loss if £1,000 available for investment in FirstGroup shares (FirstGroup share price is 500p). Supposedly, you think that FirstGroup shares will go up by 10% in one month.

Calculations

Spread Betting

CFD

Share

Number of Shares Equivalent

4,000

4,000

200

Shares go up by 10% in 1 month, Gross Profit

£2,000

£2,000

£100

Commission to open position (buy)

£60

£15

£12

Commission to close position (sell)

£0

£15

£12

Total Commission

£60

£30

£24

Financing for one month (5% LIBOR rate)

£108

£108

£0

Tax (20% band)

£0

£372

£15 + £5 (Stamp Duty)

Net Profit

£1,832

£1,490

£56


FirstGroup: Financial Spread Betting and Contracts For Difference (CFDs) are margined (or leveraged) products and let you go long (buy) or short (sell) with FirstGroup shares, they are more suitable for short and medium term investments and cover a wide range of markets, including shares, indices, commodities and currencies. Share investing, on the other hand, is a conservative and old way of gaining financial independence and preserving capital. Even though some stockbrokers offer credit facilities it is very rare and not popular amongst private investors.

Risk Warning: Financial Spread Betting and Contracts For Difference (CFDs) are leveraged products and carry a high level of risk to your capital. You may lose more than your initial investment. Share price can go down as well as up and returns on investments are not guaranteed.