GWR 3.49% 8.3¢ gwr group limited

fdy may be a good buy

  1. 2,739 Posts.
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    Whilst i'm 99% sure that GWR will not be taken over by the FAS paper scrip offer - I'm thinking FDY is a good fall back position for GWR supporters.

    I've bought an equal amount of FDY as insurance - on that 1% off chance that FAs succeeds.

    A home fire probably represents a one in 10,000 risk .. but people take out fire insurance.

    FDY is probably currently trading at a low p/e of below 4x .. even before the success fees from the FAS offer are included.

    with a low market cap .. the success fees from this takeover amount to FDY's market cap !

    Just some lateral thinking... but please do your own research.

 
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Last trade - 10.04am 05/07/2024 (20 minute delay) ?
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