Next Share Price (NXT)

Next to launch in India

The P/E here is 16.

Not sure what the average for sector is .

Most people would consider the company to be overvalued at a P/E of 50, but possibly undervalued at 10.

This might be reason I set sell out target in January .

Fund.....................% Short Change Date Changed

Marshall Wace Llp 0.80%. 0.01%.. 25 Jan 2024.

Yesterday 21 Analysts expect the price to decrease by 4% to 8131p

Which is below my last slice of 8520p 4 Jan 2024.

It did fall back after Marshall Wace short to 8176p in hindsight of today they should of closed it.

Gives courage that big boys get it wrong as well.

Sold out today at 9000p above my target 8500 .

Good RNS and market getting better up 6% on day.

Nice to find only 3 posts on here since 4th January 24 , just short of 3 months.

The Yeild is 2.6% ex Sept & July

21/03/24 Sold 9000p ( ihad increased target from 8500p after seeing the then day high of 9007 the day high later was 9100 ) always wait for top maybe .

It did fall back to 8900p at 1.30pm, after hitting day high of 9100p at midday, before climbing back to close 9078p .

But out all day not watching, my sell executed 11.30am 30 mins before new all time high.

History .

04/01/24 Sold £85.20 ( Half )

Did not look at day high 85.32p

Sold half 15/10/19 £67.90

Buy 8/02/17 £38.30

Buy 22/4/16 £52.10

Very good results -like many companies Next appears not to like handing out the majority of it’s profits as hard cash in the form of dividends-There use to be an upper shareprice for buybacks -now it occurs whatever the price-