Member Info for JG68

I'm not saying he doesn't go long too, he's got a separate division for long term investing.
I'm talking only about his shorting operation.

You're the idiot if you ignore them as shorters, and you think that this could rise next week after the fed meeting.
The markets are are pricing in rate cuts this year and ignoring the feds rhetoric that they won't.
You've got Amazon, Apple, Meta all reporting next week, and these mega caps have all been announcing job lay offs, didn't you see how the market reacted to Intel and Microsoft.
Any weak forward guidance and the markets will sell off.
And as for shorting 1000s of companies, they are only disclosed as over 0.5 % on one in the UK which is Darktrace.

Did you not read about their CEO in the link, he's an activist shorter who only targets companies that he has researched vigorously, and ones he thinks are frauds in one way or another. He does it to out the truth.
It might be nothing but it seems this guy isn't your Citadel, Telworth , Marshall wace.
I can't see any other company they're shorting.
Got a bad feeling.

https://www.globalcapital.com/article/28muc3qhy146y31dszgu8/equity/society-benefits-from-short-sellers-gabriel-grego-cio-of-quintessential-capital

This doesn't bode well imo

I'm not expecting miracles for the sp after the results, and imo a lot will depend on what general market sentiment is on and around that day in early March.
However, with the exception of any market or macro nasties, I am expecting fireworks at the half year update in August. The market is still very wary of CPI because cloudy reporting and a lengthy transformation .
For example, at half year CPI produced 12 million FCF before one business sale costs and loss making contract payments, but the market didn't recognise that at the time.
It focused purely on a measly 100k profit against a 261 million profit the year earlier, but a year earlier didn't recognise the 261 because it was from business sales.
They will show FCF and profit but will also show one off business sale costs and additional final pension payments to shore up the pensions book.
They will also show reduced debt, but it probably won't be significant showing minimal debt until end of June.
They will also show revenue growth in the service division and portfolio, and hopefully experience will be flat as a minimum.
He told us all this in December, so really we know what to expect now.
The question is, what mood the markets will be in, how forward looking they will be, but I suspect we will have to wait until a set of results say FCF x amount, no adjustments, profit y amount, and net debt z amount, before really believing the company is increasing revenue with margin, and has minimal and manageable debt before rerating us. IMHO

Wish they would give out a special dividend also, because despite the significant buybacks the last 2 days, its not helping. So sick of this share.
Why they're listed in the UK is beyond me, no UK IIs, no UK business, and listed on a falling index as a growth stock.
BOD are clueless.

All I can say is I hope you're all right.
But I do find it a bit odd that there has been minimal II movement for what seems like ages.
We pretty much know that NEX will return to profit this FY, pending any unwanted pre close update before March.
We know fuel prices have come down even though oil has ticked up recently.
We know they have forecast 1 billion increase in revenue through 27 and the same in FCF through their evolve program.
So apart from us, why are funds not piling in?
Maybe Pokerchips had a point when he said earlier there could be some sort of investors at logger heads with management about use of forthcoming free capital, and improvement on ROCE.

I've got a decent size holding here, but the saying " too good/cheap to be true" springs to mind.
If it was that cheap people would be piling in.

They don't want this over 28, everytime the algo sells kick in.

Someone on the other board said that they updated analysts but not the market in December.
Can anyone confirm that?

It's beginning to really concern me now, I thought 1.50 was a great buying opportunity, then 1.40, now 1.30, where is this heading, why is it so weak after the RNS guaranteeing another 100 mill revenue each year. There are plenty of other stocks with debt as large, smaller revenues, similar share floats, all performing considerably better.

Are things as bad as they were in 2020 when it dropped to 116, or 2009 when it hit 96, its feeling like the market is pricing it that way

What I find a bit odd is that a company like NEX would go a full 6 months from October to March without updating the market.
With a couple of price target downgrades in between, it's no wonder this is at the mercy of small algo trades.

Not anymore, something is afoot here.

It's funny how the Fed are actively trying to lower employment and reduce wage growth by means of their rate hikes, because they know that increasing wages will stoke inflation, whereas here the BOE are also raising rates to achieve the same goal, but half the country are on strike because they want significantly higher salaries.
What people don't get is that if they all get these 10-19% pay rises, they won't care how much goods cost , and therefore service and goods providers will leave prices elevated.
So who is right, Central bankers or Mick Lynch and his 100k management train operators.
Personally I want inflation to come down, NHS staff aside, I would rather they didn't get 19% pay rises because of inflation that is likely to be significantly lower in a years time.
Give them a one off lump sum and then an appropriate rise.

The only thing that makes any sense would be debt in current market, or the strikes.

It's a long time until FY results, sp could be anywhere by then.

Can someone explain how they could accumulate over 4% last week without any impact on the share price, especially Friday?

Even a billion contract can't sustain a rise. It makes you think what really is the point of holding shares in this market, better off trading.

This will give red soon.