Member Info for comeonvog

Morning JL . i will miss your posts here but be on my alert as to your next move. Time to pick a real winner .

mannnan And what would you do about it .....ye nothing !

With a MC of 4 million , this is due a mighty bolt of punters enthusiasm.

Your call is worthless like you.

mannnan You have absolutely no credibility and your calls on the LSE has probably cost many people untold losses .

Soon as the selling stops we get our boom. O.K i will get another grand now.

MountTeide I would ask why no updated video of the " port " . SCAM

And just one for the people who say the poorer will use public transport more and not cars in a recession. Best take a long hard look at the price of OIL and the price of a ticket. IMO

Chrishar Last post here till Nov. I don't envisage an insolvency , i am talking about reduced foot fall and the reasons behind that. What will be the new norm , i think less movement of people . ATB.

Right i must go but before i leave you . NEX business evolves around the movement of people , we are in a situation where by movement of people causes more infection. People will have to adapt . GLA

Chengdo4 pandemics no no boundary's, just saying.

triumph1 firstly "All report that they are the busiest they have ever been" i didn't say they had no customers i said "pubs clubs and restaurants are below capacity" as they should be with social distancing measures.
The catastrophe will be the underemployed and how that will effect family and singles.

Worthashot I call you sensible because of your time line, 12-18 months . I have also travelled on nex these last two years . I have gone to London 3 time to AGM meetings , me and my wife have gone to Heathrow twice and i have used a more local one a couple of times. You can get a grasp on who is actually using the service if you have been on the coaches or been waiting at the terminals.

triumph1 This i think is only temporary and not vindictive of the whole pub industry. We are in August , peak holiday time . People are still spending local who have not gone on holiday and fur-low has helped ( as what was intended by the government ) . As we move towards winter the real catastrophe of this pandemic will start to unfold. The unemployment figures will be difficult for boris to hide.

Worthashot Good reply and i can see you'r a sensible investor. " Many of the more successful organisations are those that know when to turn down top-line and size appropriately to market changes. If NEX has to adapt or restructure then it has advantages within its franchising model for agile restructuring that others simply do not have.
As I say I may be wrong but I do think we will see a gradual increase in coach travel from today, and significant opportunities in the longer term. " This i agree with and they will need to adopt this strategy quickly to the falling numbers of users. I don't agree about the significant opportunity's though, we are in a place of diminishing opportunity's as world grow slows . Can i ask you have you been on a NEX coach in the last 2 years.

comeonvog you simply refuse to listen......I have my opinion , and it looks like the market agrees. The high street is dead, air travel is dead, pubs clubs and restaurants are below capacity. Foreign tourist's , non existent. "Britain is primarily a service sector economy and a relatively large share of activity depends on face-to-face social interaction that is susceptible to physical distancing. Consumer spending in areas such as cinema, restaurants, hotels and live entertainment accounts for 13% of the economy in the UK, compared with 11% in the US and 10% in the euro-zone, according to Goldman Sachs."

Chrishar Yes i agree ." This is not a luxury goods business, this is essential travel for the least well-off in society."
My point is that essential travel will not be what it was before the pandemic , peoples habits are changing and the huge unemployment will affect all. The airline have been quoted as saying air travel will take years to get back to 2019 levels. Have you been on a NEX coach in the last 2 years.

Worthashot You have to factor in the market skulduggery, there was a comment on here yesterday that the market is always right , i hope you don't believe that for one minute. How to price a company in a pandemic with falling foot fall. Autumn starts in just over 2 weeks. Where do you see growth.

shan yes i think a long term play will be no problem, but you can see from abusive reply's that there are plenty of short term punters looking for a bounce like 2 months ago. You only have to go into any city and look around , people are curtailing there movements and face masks will not stop that. We have a winter of discontent fast approaching, unemployment will rise and the service industry will shrink as people disposable income will dry up. Travel will be last on peoples agenda. IMO

falklandinvestor Blinkered vision the investors on this board. I wonder how many actually use the services on NEX. You have to think a whole swath of the population will not want to use public transport till we have some clarity on the situation. 50+ will not risk it this winter .