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Can someone explain how this continues to sink given everyone selling now must be making a loss!!?? Just can’t understand how it continues to fall…the only positive that keeps me sane is the Cosmen purchases recently as clearly they see value and potential!
Good news from the horse’s mouth…cam’t all be that bad behind the scenes, so staying patient for the SP recovery (although been waiting over a year now so patience wearing thin)
https://www.nationalexpress.com/en/news/national-express-is-first-to-trial-brand-new-gte14-electric-coach-from-yutong
Didn’t see someone had posted earlier…but in other news!
https://www.bizjournals.com/charlotte/news/2023/11/29/charlotte-transit-cats-national-express-bus.html
Interesting acquisition posted on LinkedIN - https://www.linkedin.com/posts/mobico-group-plc_portuguesetravel-agencyibercruises-has-activity-7135570593726230528-a9_N?utm_source=share&utm_medium=member_ios
Check out the share price tools on their website....so now we know what the IR team spend their time and money on!
https://www.mobicogroup.com/investors/shareholder-centre/share-price-tools/
This is brutally painful to watch - given we wont hear any news for several months this is going to drift lower and lower. I'll also be writing to IR later and keep you posted as the BoD need to take action as a priority. Confidence is low in their abilities (not the business potential) and it's showing by the never ending decline!
I’ll be taking the dividend, using it to max out Lifetime ISA, get the 25% bonus, and then buying more…remaining very positive here and need positive trading updates/big wins to get this heading north!
Completely agree - but at the same time, the performance seems to contradict the price drop but with no news we are all only making assumptions. We need some consistent numbers showing financial strength, paying down debt (if that is an issue), resume dividends, new contracts adding not just revenue but profitability etc….,plus the shorters closing…only then will we see a recovery in my opinion!
Found the following report that was posted earlier today on the outlook for NEX - interesting reading and keeps up my hope that this will eventually come good!
https://www.fitchratings.com/research/corporate-finance/fitch-affirms-national-express-at-bbb-outlook-stable-02-11-2022
I am completely lost on this now…the drop that never stops! Roll on the trading update to see if I’ve been completely delusional the whole time…
Anyone know any good jokes?? I need cheering up as this is just depressing viewing! Thought we’d turned a corner when back near to two quid, and now look….
Looked it up and next trading update is 20th October.
Same for the euros too with ALSA and German Rail…that’s also giving a lot more sterling into the pockets of NEX. It’s a very slow burner this one!
Just did some back of the ciggie packet numbers based on what the H1 revenue would look like using todays FX. Reckon that should equal to a 14% rise on total turnover - with that as a guide for H2 and the patronage increasing it should be good news…but again, I am the internal optimist here! Have a good week all!
Well it’s not going to plan just yet…
Glad I am not too deluded and that you agree with me LongerGuy. See that as a massive positive to along side all the other positives - It’s all about patience and playing the long game (I hope)
Hi All, long time frustrated holder here and trying to keep my spirits up….welcome any view on the following.
Given that a large proportion of the business is outside the UK, and sterling is particularly weak at the moment - surely this is good news as all those US dollars and Euros NEX are paid in will equate to more pounds…or am I continually looking for positives to remain sane given the continual slide!
Looks like good news to me ….
Bus fare cap: England charges to be held at £2 for three months
https://www.bbc.co.uk/news/uk-england-62775639
Still optimistic about this but it is certainly testing watching the slide. Just when you think the corner has turned with positive trading update, it all gets forgotten about and we drift lower again….roll on the reinstatement of dividends, a few new big contract wins and return to normal patronage and profitability!!
All looking positive - let’s see how the market reacts!