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G4S Trading Update

For discussion of the practicalities of setting up and operating income-portfolios which follow the HYP Group Guidelines. READ Guidelines before posting
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idpickering
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G4S Trading Update

#93718

Postby idpickering » November 7th, 2017, 7:13 am

Some here hold these I think;

G4S plc UK DK :Trading Update

G4S CEO Ashley Almanza said "Trading for the nine months was in line with expectations. Organic revenue growth was 4.4%, with all regions growing apart from the Middle East and India region. Organic revenue growth excluding Middle East and India was 6.1% for the first nine months."


https://www.investegate.co.uk/g4s-plc-- ... 0022H7533/

Darka
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Re: G4S Trading Update

#93734

Postby Darka » November 7th, 2017, 9:03 am

Thanks Ian,

I do - 4.3% of my portfolio and up 42.6% (Including dividends) since my first purchase in Feb 2014.

idpickering
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Re: G4S Trading Update

#93786

Postby idpickering » November 7th, 2017, 11:30 am

Darka wrote:Thanks Ian,

I do - 4.3% of my portfolio and up 42.6% (Including dividends) since my first purchase in Feb 2014.


Hi Darka, thanks for your input. I don't hold them, but used to work for them a long, long, time ago. I'm a bit wary of support shares anyway, but good luck to any holders out there.

Ian.

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Re: G4S Trading Update

#93795

Postby Darka » November 7th, 2017, 11:44 am

To be honest I'm not sure why I hold them, got them to diversify a while ago and not sure if that will turn to diworsify one day...

Down 5% today.

idpickering
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Re: G4S Trading Update

#93807

Postby idpickering » November 7th, 2017, 12:06 pm

Darka wrote:To be honest I'm not sure why I hold them, got them to diversify a while ago and not sure if that will turn to diworsify one day...

Down 5% today.


Hi again Darka. They're not talked about much here, but I'm sure you're not the only HYP holder of them. Your point regarding for buying for the added diversity is on the face of it sound I guess. However, I fell foul of such tactics too, buying into the Provident Finance and Carillion stories. All for the sake of that extra diversification. I see G4S are down nearly 7% currently. OK, SP is not something we worry about here, but the shares I've just mentioned, and G4S, are a lesson for all would be HYPers, and a reminder for current holders too. You don't have to hold everything all in the name of diversification.

Ian.


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