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Agreed, I read on advn that next resistance is £3.26 from one of the Chartists.. DYOR
Yep, its worth thinking of NEX more of a service provider than a travel company, their large contracts for transporting school kids/ staff of large companies to & from their work will soon return to somewhere near full volume when things get back on track. Airlines may not as a lot of flights are not a necessity but a means to go abroad on holiday, which many won’t be doing this year for covid/ financial reasons. A lot of people will be having uk breaks this summer, especially the elderly who have been vaccinated, love their coach trips& have plenty of disposable income! So yes, hopefully more gains on the sp to come this year :) DYOR of course, gl!
The Oxford vaccine isn’t ineffective against the South African version, it offers a reduced effectiveness against mild to moderate covid symptoms but still works very well at reducing hospital admissions and deaths. Also they are working on a tweaked version as a booster in the autumn. The original covid variant is still very much the dominant version in the uk, and all current vaccines combat this very well.
This..
Totally! I think people forget the huge amounts of money that’s been patiently waiting to pile back into covid damaged stocks, especially those like NEX with low risk/ & strong fundamentals. It will be very interesting to see how much new business they’ve acquired from companies that have folded& from having more time in lockdown to hunt for new opportunities. If they have then I think £4 could be attainable without a dividend. Enjoy your weekend everyone.
Hey orms, agreed!
Crumbs! I wouldn’t have predicted this a week ago, well done all holders, over £3 finish? That’ll jinx it lol..
I read on Route One. net that NEX bookings are up 185% for summer 2021 compared to pre- covid booking levels- that’s a real eye opener & is great evidence that the vaccine rollout is giving huge consumer confidence in our service! Couple that with everyone having acute cabin fever and hopefully we have a winner! :)
It could just be trend, there seems to be sustained support for NEX- yes we know the wrong news could pin it back, but I don’t think 300p is too far away. I’m sure also they’ll have been using this time tender for plenty of contracts in several regions where other operators have gone to the wall, and I’m sure our CEO is excellent at selecting those that will be most profitable post covid given his experience..
Not too shabby! Hopefully those overdone falls from last week are being corrected:)
Yep I’d take a flat week, gets us closer to where we need to be
I think it’s these Reddit clowns upsetting the markets.. coming back now :)
When we’ve got a huge surplus of vaccine shots built up we can sell them to Europe for a decent mark up, and take them all on NEX buses! Haha
Not so not so happy! U played a blinder there trend, good to see strong support after lockdown extension news- investors know there is light at the end of the tunnel
Well you’ve got your 230- odd buy in guys, well played if u sold& are buying back in! I actually think a short lockdown extension will help NEX a lot, a little short term pain to get infection rates/ hospital admissions plummeting and millions more vaccinated? It’s a no brainer. Agreed Wingingit, never fails to amaze how the market seems caught out by the bleeding obvious..
Agreed guys, I think we may drift a bit until infection rates come down, however I think the sp has performed pretty admirably really this month when you consider what’s been thrown at it. GLA
Lol, fair enough trend there’s some good opportunities out there but there seems to be decent support at £2.50 so I’ll hang in there!
Yep could be but some shares really plummeted at the time- worse then than recently. All a bit immaterial when looking to invest today IMO
Erm, wouldn’t the 2009 sp fall be down to the 2008 financial crisis?? Remember nearly buying into Barratt at that time- 50 odd pence a share but didn’t.. bugger..
Nice find speedy, bit of a damp squib today after the start but I love the amount of green day/ red day ratio now, really looking strong for ‘21! Bidens relief package should certainly bolster NEX