Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Ftse is average. People have bought at 120 here n its friday and they going and fair play to them. If we finish above 133 id call that a solid week. Gla
A good solid rns. Short of a full lockdown etc the news flows of named contracts and places will follow. Think we will wait until the ceo is announced but then we will have the rns flow like before stating our latest moves and capacity and rates etc are moving. Was expecting this as it does not take a lot for us to get revenue as infrastructure and contingency plans are all in place. If a 2nd lockdown happens then we just do it all again. It wont just be this share that will get another kicking. But we all know they cant afford a lock down uk or anywhere again. I think some profits will be taken off the table 2mw being friday and a decent rise. But im one of those who needs to hold until pre covid levels and then some so ill await the news and updates n sideways and upward movements over time. A real positive rns however. Not just a quick fire it might be ok but a realistic slow and steady and corner turning style. Have been relaxed a long time and will continue to be so with my largest and longest holding. Good luck all whatever your next move is. F17
About what we expecting. Numbers going up. And contracts absorbed due to the dry spell meant plenty operators went under. Have a read of my speech last night on here. However it will be a slow day as its bit breif so lets not get carried away and all those who think this is a lemon, think it shows the company growing as apposed to just surviving. Gla today and keep calm.
We remain excited by the long-term opportunity. The global recovery must be powered by a more efficient economy that is cleaner and greener. High quality mass transit will be a necessity -- thats from the rns. Everything is green. We have the cleanest diesels and electric buses. Within 20 years fully electric. A company on its knees wouldnt entertain a vision such as this.
Have a look at the rns. It states we won contracts in usa in a few states. Plus maintained Madrid etc. How we taken over companies that dissolved. So surely nex will be a bigger company in 2021 with more business. This my biggest reason. We not just steadying a ship. We soaking up contracts all over the world.
The fact a new ceo is coming in shows we are looking for the right person and not merely promoting within. When you take time to head hunt a ceo it means they mean buisness. A good ceo such as we had is underated. Im glad we taking time. Right man cant be chosen over night
We ready for March lockdown in q4 20 to q2 21. It willl not lockdown as before so income will keep coming yet we have HUGE cash reserves which can and knowing nex history will be used to streamline and diversify. And we will take advantage of government schemes as we are imo the nhs of the roads
They encouraged car share. They making congestion charges. Parking costs.Cars are a luxury with MOT Tax and insurance in this pinched climate. The common folk will do away with this and jump on a bus. The new builds have very little parking spaces as houses are built knowing houses will require no or 1 car max - just an observation. Plus uber every day is not cheap!
Intra country holiday's is all certain people can afford now so revenue there will increase more than ever too.
These are the common sense layman reasons. I could go on about placement price and more technical reasons but that's for another day. Feel free to disagree or agree but imo this will do better than jan 2020 figures tail end of 2021
I would like the think so paddy. I dont think the world will suffer further economic lockdown. The issue here is we are in a sector which classifes us with airlines and cruises. We are not that in the slightest. But we have to be in a sector and while we will move quicker than those the common investor just sees tourism then moves away. I held and invested before and during covid. 3 quarters of my holding is pre covid so you can imagine my average! The final quarter of my holding bought my average down a one and half quid which im ok with. I try diversify my portfolio but always stick with essential companies as my core (so heavy in gsk azn biffa) and i still think this is. At these prices people will toy with it as a spec play and i dont hold that against them. As the 200 range approaches we will see a different type of investor. I feel every few pence upto that range people will take their money and run and fair play to them. I would love to have the time and funds to buy 10k shares of a stock for 120 and leave at 150p and move on but my trading style is fundamentals, build and park and it served me well until the c19 drama. So while i feel our results will be quality (just look at tail end of 2019 and start of this year), the darn sector will suppress us. Longer term we cant be denied hence my relaxed stance. Im no expert btw nor preaching and never thought i would see this price if you asked me in 2019. But it will not be a spec play forever and we will get the sophisticated investor's back soon and this room will be back to one message a year but its time time time. Steps are CEO, results, announcements of absorbed contracts and gradual growth. I feel rns of companies who paint the picture bleak are those who will come out stronger and lets be honest, our rns was all about being able to sustain and lockdown again and keep expectations in check, shows class and priorities are in place. I hope im wrong about a slow painful recovery and its quick as no one likes being several k underwater but a recovery and then some for me is an inevitably. I have a list of at least 5 solid reasons why we will bounce back stronger than 2019 prices if anyone gives a hoot but wont post them up unless im asked as it already sounds im overly rampish here. So sorry for the long message. Just had 10 mins to catch up on the market. Gla and be safe.
Lets keep this to NEX guys and gals. Good day but being a patient one and after the good ftse day i still think we need a week finish of 120 to 125 and work it up in legs of 10p a month. Its a full rebuild for the SP. Ill be here for another 200 yet to get well into the blue so good going for everyone in on this monster drop. Need to be calm on this one which used to be a boring but solid share and i long for that day again. Gla.
Very relaxing share in any climate. Will keep topping up on red days and sub 15. Have a target volume for a dividend payout that will see a cheeky fortune (by my standards) every few months. On hindsight i wish id added 200 more today but hey ho.
We will come back stronger. The electric buses are making cracking profit with with use if fuel coming off our bills. Intra country travel will be all people can afford. Trips to coasts etc. Local schools. Working from home etc is a small portion. Everyone has to still get somewhere. Its all very bullish for us. Just needs the time now. Ive diversified on this mini crash into house builders n a trading platform etc but it is on my agenda to average down here too as more shares here the merrier for me.
Abeit just 2000 shares. Was on my watch list to purchase this below 500 and happy to get in this level. As with the market it will take some time, I am no expert in this field, just wanted to diversify and this fits the bill looking at the history debt sheet etc. Lets this and the FTSE recover and lets see how we go.
as boris harps on, nothing has changed here, the drill is the same...get the CEO in, get the UK goverment so look after us, get the smaller contracts abosrbed, let the school runs get cracking, expand etc etc. NEX are a proactive company, while I sit heavily underwater, given time this will do pre covid levels, NEX being held back is like stopping bin collections, its not an option. Relax and load up.
if we get to the end of this week at 120, then ceo and the trading update we will be just fine, relax the gvnment are playing us.
130 in 2 weeks. Slow steady means solid. Its ok.
Imo we need to finish the week north of 120. I sounds crazy but its of the utmost importance long term we build support every step. We had this totally nailed pre covid at like 4 quid. People knew that was a baseline and wouldnt trade.issue now is we all the smart investors (not me) got rid on the slide and no one none the wiser if its 117 120 125 and defo will be gone at 230. Very long term view but 10p rises every month is the way this one will have to go in order to get to where we where and divi etc following much longer term. It will happen but lets hope the smart money comes and we build solid supports. Im very relaxed but sad to see a stalwart share being treated as a share that can be flipped like is some weak aim share. When the price gets too tasty at 300 thats when the real investor's come. Example is BOO. At a couple quid every man and their dog was in. Now its that little pricier the same people cant get their volume of shares and look elsewhere. Which is fine and the game. But lets stay focused and let the market work. Ill stay under water for 2 years and have missed a life time opportunity to quadruple my holdings but it is what it is. Lets see what the ceo CEO etc bring to the table and a slow steady solid rise. Gla. F17
I keep saying this is a long term play. The fundamentals are fab just a bad sector at the moment. Even the placing price will not see me break even, its comforting however there is a placing price that is relatively recent. Don't get too disheartened if we see a drop soon as a few people have made their 10p per share, and fair play too them too. I too have been in and out of a holding within a week or so in the past. But the post title is that fundamentals always prevail. And step back and have a look how solid we actually are. We can sustain a dry spell which lets hope does not happen. Going forward people will end up needing this company as car ownership insurance congestion charges tax mot is not what your average folk can have soon. It will be jump on the electric bus or intra country visits on your coach. It sounds dead rampish but i wouldnt even be happy at December's prices as we will end up a stronger company on the other side. Good luck to all :)
One of my newer holdings. Used the app and got burned so can see first hand how they make money. More volatile the world gets, crypto, stock,oil gold etc the better for this share. 15 seems a resistance point. It it will get there. Plenty of money in the kitty of company to promote and steamline app. Win win all day for me
Sounds crazy but today was a very good day. We need a few more sideways to build a new resistance at each interval back to the days we was at 360. This may take weeks months and years but imo is inevitable. Its i dont think we will see a new CEO this month and as a result we will not see any local national international contracts disclosed but im sure will many as not many could of afforded the dry period. Lets see if we can close the week at 120 and the month at 130 and i will think thats progress. Let the fast moves come with the profit news etc. Our jan and Feb was amazing. It wil pan out and all the names you see here will be gone and smart money will come. Just need to take some time. Sadly this is my largest position in my portfolio which is very diverse and the one im furthest down in. Yet relaxed enjoy all. F17
Evening all. A lot of people saying tide has changed or something has happened. It really has not. If we close this week at 122 i will be happy. As a vlth and by no means a charter i feel i know how the company moves (c19 aside) and its sideways and sideways and up. Lets hope thats what is coming and not a silly jump to 200 in a week or so in order to get rid of chancers and fill gaps. 3 percent is as much as i would like to see a single days jump or we get a drop the next day. I think last week we had 5 percent up and about the same down next day. Glad to see the chat here active. I was speaking to myself for years haha. Re the CEO. Lets hope hes as good as our previous one. I wouldn't mind if he unheard of but we will know what hes all about pretty quick as NEX likes to do conduct their RNE straight from the CEO. A flat day is a good day at NEX so roll on the next few months. Gla
This latest 'lockdown'will not make any difference to the roadmap of NEX. Coaches revenue was on its knees anyway and everything else is growing. They will have plenty of money coming through tickets as the powers that be want people to spend but not spend at home. They tried it with the eat out scheme and now no door to door visits but more like meet them somewhere and spend money. Government are trying to recover asap. However i think the market may well play on this in the short term. I dont think i have the bottle to flog all my shares and buy nack again im lost now as to whats been priced in and not if im honest. Switch off, skip the winter flu being mistaken for the virus, and lets see what summer 21 brings. Enjoy sunday all, premier league is back :)
There is no update today. :/ no one said there will be.