Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
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Nothing like that on the horizon.
We are certainty heading in that direction given we are running at 95% . Sgc only running at 84%.
Frustrating at the moment. I'm sitting on 70k shares brought 20k in a couple of dips. Passanger volume is good. Been at nx 20years lots of confidence it'll come good.
We are in the same boat. My plan is to buy another 10k or so at 1.87 and then not look for a year! It could be a terrible decision but I don’t think they are going bust and with the headwinds come tailwinds….fuel prices up = higher running charges but equally bus / coach becomes more appealing than car ownership / running. Bus driver shortage is painful but might lead to more outsourcing in US. Covid causing impact to smaller players mean possible aquisition opportunities etc.
PE have noticed this as an industry to profit with the recent competitor news, just think it’s time that we need to show NEX back in healthy, regular profits to boost the share price.
Welcome any views on the impact of FX.
The trading update came as a surprise to all, and also thought was surprised by the continual drop. Thought it may drop a little but they implemented significant cost saving iniatives as a result of the pandemic that will reap rewards for long term, in addition with the FX rate I thought it might be beneficial too given the business in US and growth in Spain and Germany…not sure how FX plays a role but you’d think it would boost the GBP numbers reported. Interested on any views on that.
I am still happy with my investment - my average is about 2.35, and will have a time horizon of 2025 when I hope it will be back over 3.50….plus any dividends will be a bonus. That’s my plan so wish me luck!
This is the only share in my portfolio that is down today, i am sure it will come good in time.
It’s been a rollercoaster - was we up then well down, then up, then down and now further down! This will come good I’m sure, and the CFO purchase put my mind at ease even though the drop continues from his buy.
Basis for 187 is based on nothing but a guess, and a price I am willing to stick an extra chunk of change in to average down. Might go further but who knows with this one, it defies all logic and got clumped together with travel, so hammered with Covid, and now leisure - hammered by views of recession.
I’m an investor and not a trader so just wait for dividend and the climb back up after a number of successive positive profit updates….fingers crossed again!
Who only knows - I reckon 187!
Jtan - if it’s any consolation I am a fair bit down here and continually optimistic that we’d be far higher. Let’s hope for some good results coming up, as business must be doing well with the acquisitions, new software upgrades and recent CFO buying….fingers firmly crossed.
" In my 25 years of trading, I've learnt that patients is the key!!! "
Are you a doctor then Peakeybinder? :))
Book price is actually 234p according to stockopedia. So they will want it cheaper, hence 220p...GLA
No bid is going to come in below 250p and even that is unlikely.
Fag packet calcs, I think bid would be 220p.
Added at 191p - basic fundemantal's now make this a more likely takeover target than SGC -
GLA DYOR ETC
Jitters across the transport and holiday industry after new reports of rising cases of new covid variants.
More aggressive inflation talk, leading to more aggressive stance on future possible rate rises.
I feel a bit dumb for not getting out knowing this stuff was all coming, but timing a bottom is beyond me, so I left it there.
I really don't know Pal, common sense and fundamentals are now out the window..
The main reason I didn't want to be out is a possible take over.
But purely speculation on my part.
I purely go on gut feeling from watching the market and only 25 individual stocks, I don't watch to many..
I got this slightly wrong today, but with a starting position of 198p I'm not to concerned... GLA
Saying that, I just bought 5000 shares hoping for a quick flip... GLA
The debt is absolutely the problem, it's eye watering..
I don't want to sound to negative, but this really isn't the best stock to pile all your money into.. GLA
SGC results were good.
Lets hope Nex come in better than what management thought due to train strike & pickup in airport run
In my 25 years of trading, I've learnt that patients is the key!!!
Jtan, I've been trading this and sgc for 2 years.
I sold at 268p and been waiting since. My portfolio is 70% cash, and aim to spend the lot somewhere between September and January. That's the time line for the bottom for me..
I reckon this will be around 170-180p then... GLA
I'm still waiting to buy some back. Around 195p will do me.. GLA
They had better be quick then!!
I really hope they don't pay a dividend, far better to pay off the large debt pile. With rates rising debt will become very expensive...
Hi Jtan - I am making a small loss now on NEX but have been adding on the way down - I generally buy shares that I believe are well run business with a good track record that pay dividends - NEX falls into this category imo and will soon I believe return to paying dividends - I buy with a 3 year view so whilst it is being pounded atm by negative sentiment in general towards the transport sector it will not imo always be this way - value will out in the end as we have seen with Stagecoach and Go ahead - patience needed here but patience will be rewarded in the end imo
gl dyor etc