By Chris Bailey | Thursday 28 May 2020
Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Another day, another bunch of COVID-19 related updates…and two names grab my attention. The first of these is FirstGroup (FGP), the bus/rail operator which I described six weeks ago as 'a survivor, especially with recent cost cutting and pension simplification rules...however the hope of competing activist approaches driving up value for shareholders has gone'. In that article I suggested a quid a share as a target for the operator of a bunch of key services including school bus and commuter-centric rail routes...
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