Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
I'm amazed at the lack of interest here Spindok. The need for what eSmart and Triconnex in particular should grow very rapidly over coming years. Tamdown business should hopefully be picking up, but really there's very little priced Into the NEXS valuation. Andrew Monk is very bullish on the VSA tech and transitional energy podcast. I agree with him that eSmart alone could see the valuation at multiples of where we are sat right now . Similar businesses in the US and Europe are multiples in terms of valuation already..
I have been a long term holder of these. I have traded a few so my average is pretty good but have added. I agree the e charging is the thing people are all missing.....
Great mention of NEXS on today's Tech podcast.
https://soundcloud.com/user-596578261/vsa-capital-tech-transitional-energy-080421
Some interesting LinkedIn posts regarding big contract wins
https://twitter.com/ajbeaumont7/status/1374022530978217986?s=19
Interesting tick-up in SP of late. Looks like we used the 50 day MA as a support, which may potentially mean that we're starting a new uptrend? Nice close at 170, just above most recent high is also positive. Perhaps some enthusiasm about reopening of economy and budget supporting new buyers etc helping here? 180p next stop, following which we've got to close the gap back up to 200p. Would be nice to see some positive movement here
NEXS share price remains volatile due to broader housing market. However, the growth in eSmart Networks (why I'm here) is promising.
Just in case others haven't noticed, their Linkedin page has made a few interesting updates of late, e.g.
(a) New 300million fund for DNO network projects, with expectation that 500 projects will be approved in the short-term (application deadline is 18th March, so projects are likely set for this year... yes, don't expect all 500 for eSmarts)
(b) Post 6 days ago infers that eSmarts are also moving into battery storage... interesting right!?
(c) Perhaps rationale for yesterdays post is related to point B above, but eSmarts liked a post from their own MD about power outages in US due to the cold. I believe that this has also been case in Germany and other places due to the cold snap freezing output from some renewable energy... anyway, point is that demand for battery storage and charging stations are increasingly recognised, and it seems that eSmarts is big name in the space. ALSO, note that the MD is commenting about USA situation. That coincidence or a future direction?
(d) 2weeks ago MD stated that "Due to large contract wins and expansion we are very much in recruitment mode" before listing 6 roles. That's inferring a need to increase staffing by around 20%. Can only be positive
Might take a few more years, but am expectant that 'one day' NEXS will be recognised as a key player in the green infrastructure space
I am continuing to hold and it is nice to see a bit of blue...
Has*
Good to see some interest in the shares this morning. The growth of the eSmart arm had the potential to be explosive.
https://cardealermagazine.co.uk/publish/rollout-of-ev-charging-points-must-increase-five-fold-before-2030-ban-on-petrol-and-diesel-vehicles/215481
Some discussion on NEXS on today's VSA transitional energy podcast
https://soundcloud.com/user-596578261/vsa-capital-tech-transitional-energy
Brief mention in today's VSA energy transition podcast
https://soundcloud.com/user-596578261/vsa-capital-tech-transitional-energy-podcast-261120
I've added more over the last couple of days too. Happy to sit on these and see where it goes
Article in 'Times' today stating the major reason for lack of plug in cars is charging points. Seems 16 billion shortfall in investment. Come Nexs can handle that..
Decided to top-up again !
Can't help but feel this should grow both capital and income over the next few years and not suffer much should we have an economic downturn.
I have been in this for yonks. Even got a small dividend once but since then it has died a death. I added in early November because I agree their ability to become a major player in the e charging may prove a good place to be. It is a lonely old board and this type of company is rarely associated with the boom brigade
Full report: https://researchbriefings.files.parliament.uk/documents/CBP-7480/CBP-7480.pdf
Highlights:
Spending review 2020
In the November 2020 Spending Review, the Government announced
that it would “invest £1.9 billion in charging infrastructure and
consumer incentives”, including:
• £950 million to support the rollout of rapid electric vehicle (EV)
charging hubs at every service station on England’s motorways
and major A-roads;
• £582 million for the Plug-in Car, Van, Taxi, and Motorcycle
Grant until 2022-23;
• £275 million to extend support for charge point installation at
homes, workplaces and on-street locations;
• £90 million to fund local EV charging infrastructure to support
the roll out of
The report’s key findings were:
• The number of rapid chargers located near the major roads
network needs to expand from 460 in 2016 to 1,170 by 2030.
• The number of public chargers needed for ‘top-up charging’
needs to rise from 2,700 in 2016 to over 27,000 by 2030.
• Overall nearly 29,000 charging points are needed across Great
Britain by 2030, of which around 85% of these are fast (22kW) or
rapid (43+kW) chargers.
This analysis does not include the number of private chargepoints on EV
owners’ homes. The Government envisages the majority of charging to
take place at home.61 Indeed, the Government identifies homecharging
as a “key attraction” of owning an EV. (TBH - I expect this to be an understatement)
eSmart Network clients will also be eligible for the 500 million pound grants for installing rapid charging stations
Rather frustrated...
In Aug/Sep, I photoed each EV Charging Station that I drove by and searched online to find the companies in the hope that one of them would be listed. Whilst I did not find it clear from any of NEXS's RNS's or websites, I've just come to realise that eSmart Networks is actually responsible for the infrastructure for the majority of them. They have a Linkedin post (https://www.linkedin.com/posts/esmart-networks_rapid-icp-experts-activity-6687272815579729920-B8wE) taking credit for 20x Engenie installations in 20 days. eSmart Networks also services Engie and Ionity also... Engenie (rebranded as Osprey) are aiming to install 2000 charging points by 2024 alone.
Combined with the fact that new houses now are increasingly required to have EV charging points (part of triconnex biz) and recognising that NEXS has 32 million in the bank, I decided to start buying in today. Why frustrated? Because I was wanting to buy here in Aug at ~120p but couldn't convince myself due to the terrible communications of management. Once mgt pull their finger out and tell the market what they actually have here, this SP should rise 'rapidly'
Nice to see some movement and commentary here. I posted in frustration back in early September on how I couldn't understand this being completely overlooked. It's gottae have the best exposure to EV Charging Stations on the market... Was really torn at the time but didn't buy because volume was sooo low. Shame, it's actually risen well since then. G'luck to those in here
17 mins in......https://www.youtube.com/watch?app=desktop&v=Y0GlfIdF4EQ
You have spotted this company is well positioned to take advantage of the new government thinking. It is ripe now for a steady rise methinks.
I agree Spindok. I've taken an initial position for hopefully a lucrative long term hold. NEXS are very well positioned
This company installs electric vehicle plug ins and infrastructure. It must be we placed to get the benefit of Boris's plan
Not anything concrete but demise of fossil fuel cars and an update due.
spindok - are you aware of any news that would have caused the flurry of buys today ?
I added this morning. Somebody needs to plug in this to one of its charging points...