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Blu the problem with most people is they think share price is the same as business performance. Read the last update and tell me there wasn't a lot of progress with revenue down only 4 per cent amd licence sales up over 9 per cent
Do you think the Ceo will be fired here because of sp, if so just give up investing mate
All that will be needed for that is either a good reduction in net debt, positive guidance for next year, rate of revenue decline has sped up or news on AWS partnership and what this means in the next year or 2. Any of that can be a catalyst here and we should find out more next month. If we dont get any of this in the update then god knows were this is going short term.
Chri55 is an idiot guys. Talking about fundamentals of NEX when the trade update was very good ....how stupid do you need to be to talk about that. No doubt he bought in here when it was 3.30 and he is badly under. He did the same with MCR and then deramps. Dyor and never listen to this clown or you will be broke
I think most people are expecting divi news but I doubt we will get it yet.
I'm concerned that they held revenue guidance at minus 7 percent I the last update despite better H1 performance so let's hope they were under selling it!
I doubt there will be a mention of dividend in the trade update. That normally comes with the results which is Feb or so. This is just the update which will give some high level info on where they expect results to land
Did you read the trade update you fool. Nothing in there to say NEX have any problems. Nutter with stupid comments like this
Nurifool is a complete idiot. Last month he was saying he bought more shares as he needed to appreciate the 9% licence sales increase. Now the company is going bust.
4% revenue annual decline - actually comes out as 2% due to exchange rate benefits ....will not make a company go bust.
700 million in cash. Debt not due until 2024. debt also reduced in monetary terms.
How can any thick person not see this means the company is not going bust?
Honestly the guy is just thick. Its clemocs wife, i am sure of it
In MCR forum people actually use his first username as a symbol of stupidity..
...Look he did a clemoc
Chris's sorry but it wasn't me with racism so cut that out.
No defo not me. Bit of a dick to say nonsense like that tbf. As we discussed a while ago, stick to money under your bed you numpty
Debt value is reducing year on year. This is what people seem to have missed.
% vs EBIDTA increased because MCR took some exceptional cost. They probably could have taken the cost in H2 which would have been better for share price at the time but probs a reason why they didnt do this.
Everyone is sure debt is the big problem but i don't think it is. Price was 5,85 at one point when debt was higher than where it was in results.
Slower revenue improvement than people expected / no AWS revenue / better opportunities to make quick money on other shares
Boo boo you put too much money in recovery play and now your crying like a little *****. Your own fault fool
Strathy - isn't the market cap much less than 5,5 Bill? In pounds its like 1,2, mill at the minute!
Im not sure what is expected in terms of updates. They give the updates every few months, RNS when its warranted and rest is via the linkedin or twitter pages. They cant issue an RNS for everything as it needs to be based on something that will have a big impact on sp in either direction so how would you expect the comms to come through? Serious question as i do agree that you dont see much of what is happening so results can be a surprise.
Lol comparing a company with 700 mill cash to some of the biggest companies with the most used products in the world ....who probably have more cash in lost bank accounts than MCR.
Quit investing - its not for you
Sure but patience is key here. Many shares like this and that doesn't mean its a bad company. I read the reports and news on NEX and I'm confident in time it will be good. If you are down here because you gambled instead of investing then blame your own poor decisions. I'm down ATM here but I'm sure it will be fine
Market is down badly so its no surprise.
Just to note for everyone here. Ignore Chris55 and JG68 - they are fools. DYOR and dont listen to a word that comes out of their keyboard
Blubutton ita not right. it doesn't mean the company is getting worse by the day and that the market can see that. Don't confuse share price and business fundamentals. Look at the last report and say what part was actually much worse?
For now it's robot's selling to robots so leave them to have fun
Lol go bust. At worse they sell part of the business to repay debt. The revenue dropped by 2 per cent as they were boosted by exchange rates. 2 per cent drop won't make a company go bust. Dumb **** here.
Agreed. The current decline isn't to down with the company getting worse. The news all seems positive ATM so hopefully that will translate into better results come November's update.
Some people are dumb and cry if the price goes down saying the company is about to go bankrupt. They dissappear when he the price goes up. Funny isn't it.
Mattyboy ..Good reminder. Guy is an idiot. Wish he would just **** off