Member Info for Ballantyne

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.

Thank you, makes me feel a bit more positive. Averaged in at 2.37 but over-rotated and have the majority of my investments here…been in since early days in pandemic and it’s a choppy ride but still a firm believer in the company, it’s strategy and the leadership!

Would love to understand what the NEX leadership make of this drop. After all I expect they thought releasing a surprise trading update would attract new and satisfy existing holders, yet here we are all watching this tank yet again!! My time horizon on this was 2025 but looks like may have to wait a little longer.

Who is also the eternal optimist that, although we know this is going to happen, we hold out hoping this time it won’t be the case and will rise to 300 and beyond! :-)

It’s the investment that makes no sense. I too get far too hopeful that good news is the start of an upward trend so don’t sell - and then suddenly back down we go. Yesterday was great news that business is back on track but look where we are.

Couldn’t help myself and added a few more - seems to be bouncing a long at a consistent rate. The UK operations were dragging this down last year but hopefully the next trading update will show it is profitable again, and (fingers crossed) it will rise again!

https://simplywall.st/stocks/gb/transportation/lse-nex/national-express-group-shares/news/the-group-ceo-director-of-national-express-group-plc-lonnex/amp

Should be a good sign that things will turnaround - however last time he bought was when we were back over 3 quid, and we went on a downward run from them. Fingers crossed he knows what the future holds.

If it’s any consolidation I’m in the same boat - it’s FY21 results next week so will be interesting to see how the company has performed, and if they make any statement on the impact they’ve seen so far and their outlook for the year.

Just found the following article that states dividends are restricted from 7 Feb 2022 - https://www.investorschronicle.co.uk/news/2022/02/07/levelling-up-throws-transport-groups-off-balance/

Here is the paragraph midway down…..
In the case of National Express, this means that dividends are restricted until further notice, and the debt and payable-heavy balance sheet (as of 30 June) ramps up risk, although it helps that borrowings are largely long term.

No idea what this means but thought would share

I’m not directing it at you whatsoever - and yes it is a generalization that I think it’s more useful to all if we add some facts to claims around going to 150 for example.from my reading and understand that doesn’t stand up so keen to learn why people add this with something that backs it up so I can learn. Just giving an opinion that would like some more fact based discussion rather than nonsense. But again that’s my own views - certainly not angry or a keyboard warrior - just wanting to understand more.

This chat was once quite useful and interesting to share opinions - but now it’s just becoming full of unsubstantiated comments and noise. Can we bring it back to sharing fact based insights rather than bleeting rubbish to make yourself feel important. Thanks all. Looking forward to the Cap Markets update.

Good point, and agree on the logic you are applying jgj99 - however this share seems to not follow logic so who knows where it’ll go to next! I’m sincerely hoping it’s up as it’s been a painful downward trend!

https://www.fitchratings.com/research/corporate-finance/national-express-potential-acquisition-likely-credit-positive-12-10-2021

Nice! I would if I had any spare cash but I’m already pretty much all in here. I know it’s wise to have a diverse portfolio and far more in here as believer that it’s only a matter of time until this comes good!

My view is that is extremely unlikely to get anywhere near that until 2024. Will be interesting to see the impact of the next earnings call on price, but my expectation is that will be around 3.30 in 12 months.

If that’s the case then we need some news on an approval of younger kids being vaccinated.

And today it’s dropping faster than ever….let’s hope it recovers just as quickly and makes everyone on this chat smile again!!

Got to kick the habit of checking everyday! It’s just grim watching the progressive drops - although if gets down to sub 2 towards the end of the month I’ll top up from my next pay check!

I’m certainly no expert and invested heavily here, but will a return to profitability and growth (hopefully) combined with reinstatement of a dividend be the catalyst to show it shouldn’t be bucketed with others?! Still got faith here but it’s getting painful!