National Express Share Price (NEX)

One of Warren Buffers quotes - In the short-run, the stock market is a voting machine. Yet, in the long-run, it is a weighing machine.

I’ve been here over 1 year, and seen my returns drop from 140% to 58%. I’m still happy because I know my money is with a strong company even if the market hasn’t adjusted to it’s real value.

If you’re looking to day trade then maybe you’ve been patient. However owning a stock less than 6 months I wouldn’t say you’ve been extremely patient. Feel free to sell though if you can’t wait any longer.

How do you think the pre covid investors feel, anyone that’s held one with those loses would been patient.

I believe Nex is a solid investment and a safe place to put money, itl be worth the wait.

I think possibly the reasons it's being held back are firstly the results were good and expected, however the profits reported were partially false because of the cost saving measures implemented, so possibly MMs awaiting sustained profit making before rerate again. And secondly a large part of their revenues are from US markets, and despite 50% of revenues being contractual, until the issue with hiring drivers is resolved and covid rates are firmly coming down, the SP will be held back.
At this price it's a steal assuming it will return to pre covid business, and prior to covid NEX was on a continuous sustained period of growth which was reflected in the SP the previous 3-4 years.
Although stranger things have happened, and although I'm in for 100k and over 10% down, this is one I'm less worried about personally.

problem is highflyigman - even though previous results were good, they barely lifted the share price. so im not sure this time around things will be different. then you have people increasing their shorts (wtf is that about) in the leadup to them

Problem is, its all hyperthetical until we get the numbers to backup our reasoning. I too think things are a lot better behind the scenes that the current sp portrays, and am tempted to go big just before the 14th when we get the numbers, and they will tell their own story and with a bit of luck,
get us closer to £3 again . ATB, C

Culco, it's one thing to be patient
Its another thing for the sp movement to not even make sense

When we make investing decisions we consider risks, and act accordingly. Internstional travel was buggered - that was made clear earlier in the summer. Domestic travel however, did not seem to be and in fact, isn't. So on paper a company specialising in domestic travel (I.e. a bus company) would be an obvious choice for a recovery play. Yet, it has since day 1 been grouped with airlines.

I've been extremely patient.