Member Info for jazz_01

Hi LongerGuy,

You have already answered your own question, there is no logic to the fall.

If you see a fall, unless you have missed something critical (which others in here have also then missed which makes it even more unlikely) then the only answer could be its an unfounded fall against its fundamentals and thus a further buying opportunity for those seeking to buy more.

If there was new news that was negative you would expect the share price to fall, weve seen this thing move up 30-40% a few weeks ago broadly based on sentiment and 1 fairly positive RNS.

This also moved from 75p to 270p on good news but nothing amazing, you just have to ignore the swings. People talk about daily swings and ignoring those and weekly in NORMAL times, we are in perhaps the most volatile situation the stock market has ever been in so to look at this day to day and not at a minimum of a 1 month average share price view of some sort would be pointless.

It always seems obvious when you look at stocks you missed, saying how did I not top up on days like this when almost, if not everyone in the board (even the derampers and shorters) are saying NEX will be double/triple within the next 2-3 years.

Thats all you need to know.

Is that holding RNS a declaration of position as it’s crossed a threshold ?

Yes the UK market is dispropertionaly effecting this share. It really shows just how bonkers the market is and how much you can lose/make in the short term based on little to no logic.

Liverpool lockdown = 10% knocked off the shareprice = £90m market cap. Yes i know its not quite that simple but emotions and speculation is at all time highs compared to sticking to fundamentals.

This will be 300p in 2 years.

Many reasons to sell, many regret it, many are happy with the decision too.

I stick to fundamentals, they havent changed.

Very bullish on MAB, especially considering the Marstons situation on mergers.

The only downside is whether they can sustain themselves long enough (or have some sort of normality and be profitable) within the next 6-12 months. If they can do that, they have the ability to mop up closed down pubs, acquire small chains, negotiate lowered rates in towns and cities etc.

Its a very easy and safe way of getting out of your house and having a good time which isnt exactly expensive neither, if they survive, they will double/triple within 2 years.

Its times like this when you look back at when it was 110-120p a few weeks ago and you have to think why did it ever get to that price.

Its now well above that....

I sold a small portion yday to get a few shares MAB, alot more risky then this, NEX is a safe haven in my opinion.

Still my biggest holding and genuinly think this will be above pre covid levels within 2-3 years.

Saw this over at SGC board - interesting numbers : https://news.sky.com/story/coronavirus-why-public-transport-could-be-safer-than-we-thought-12091657

Ive been searching for areas primarily where i think are simply undervalued due to the sell offs over the pandemic, but also who may actually come out even stronger once its over.

I do believe markets which are dominated by large companies with scope to take out smaller independent companies have a massive advantage. I can genuinly see more out of town pubs/bars in the future as more people work from home and are back in their home towns. The town centre/big city environments will still exist but more of the sales will be distributed across the country rather then in specific hotspots i.e birmingham city centre, london etc and into localised areas.

MAB have the buying power and scalability to capitalise this, they can easily buy pubs on the cheap and fit out to meet local demand (thats over the coming years).

This is something that is here to stay also, you cant move this industry online, move it to a takeaway format as the format itself is based on going to the location for the experience.

I cant see mergers but i can definetly see certain weaker players sell assets and companies like MAB moping up assets on the cheap.

I cant see a fundraising neither though its not impossible.

When you look at how many people are purely gambling and speculating with Cineworld it blows my mind how under the radar NEX is in comparison.

I was tempted into GOG but feel NEX is the better play. Ive brought into MAB - high risk but fancy a small punt into it as believe maximum risk is factored into it.

I am also in SGC though not confident in that position as seems to be sliding with no real news.

Im in, fear is factored into this share price aswell as the debt position/devaluation in assets however I still believe in a few months they will be back to making profitable EBITDA which puts the P/E ratio to shame.

good luck with 115p

Im not sure how brexit will impact NEX, will it even be a negative? Weaker pound = higher profits as theres more revenue coming from outside of the UK back in.

People will look back at this in years to come and remember their quick 5-10% trades while the stock is up 200-300% from todays price....

This was at 270p in the peak of covid, we are now in a fundamentally better position months later with no chance of a major 2nd lockdown, the SP has risen 9.6% to 137p and people are saying theyve missed the boat?

facepalm

Seems like good news with everything inline with expectations and no mention at all of any 2nd wave risk (which was pretty much the reason for the large drop from 200p downwards

I think the £1.40 to £1.50 estimates people were had were based on CEO update plus a general downward trend in COVID-19 and back to normality, then compounded with general news on small contract wins/general updates.

None of these have clearly occured so the SP is where it is. There is still significant upside to be made in all short, medium and long term scenarios but market is based on sentiment and sentiment is as low as its ever been.

I wouldnt personally top up as i have a large position in these, i had held since 75p all the way to 270p and topped up along the way and its now at 120p and i am at a loss but the fundamentals for why i brought in are still there so not going anywhere.

feels like a leak...

Looks like a 10p swing in todays share price - as expected, any increase will be sold into from weaker PIs and day traders....they will miss the 100-200% increase though.

The reason cases are rising but death numbers have remained steady and very low is mainly down too the fact we know so much more about the virus now such as who it effects the worst with others who just get mild symptoms, hospitals better equipt, forms of treatment etc:

I’ve seen news articles the U.K. was probably at 100,000 cases a day at its peak but we had no testing ability at the time, we now have much more of it.

I don’t think the cases are of much concern for NEX yet, more so can public transport companies demonstrate low rates of infection when using the transport which will give it the confidence for passenger numbers to increase.