Member Info for LongerGuy

You said millions in profit loss and I said it won't, they will offset it in some way. I expect they are already in discussion with the contracting authority

It won't Jam. Look at the accounts.

At least we know why and can feel reassured that this is not a major issue:
https://www.unitetheunion.org/news-events/news/2023/march/west-midlands-bus-strike-back-on-over-national-express-union-busting/

I actually almost posted that earlier Paddy, but didn't want people to block me thinking I was a delusional ramper.

All the shorts are definitely in profit now.

I wonder if they are colluding or whether it will be a challenge between them to see who starts buying back first.

At least 15m shares to buy back at some point and this has moved 7% on just 1.5m traded

JG I keep telling myself that at any point during the day it can completely turn. The volumes are so low that all it takes is a determined buyer and this can go from deep red to green in no time.

Has anyone written to them to ask why there's not been any director buys?

But what about the broker rating of 215 that's actually more recent....

Seems crazy to be heading for the lower one

Or the shorts are playing the low volumes again.

Sorry Paddy, sounds like I hit a nerve

Good point Paddy, but apparently the US market is pricing in interest rate drops, that's usually a little more on the money than politicians

So listening to the analysis today and seeing the recovery in US markets that is happening now, I wondered if today's developments would actually be good for NEX. One of the key points seems to be that the feeling is interest rates may well have peaked now and will actually start dropping towards the latter part of the year due to the instability these rapid rises have caused. Add to the the fact that US data was better than expected and the positive outlook from today's budget (inflation to be under 3% by year end).

Interest rates seemed to be the only bear case here and if these have peaked or are close to peak and are potentially going to drop sooner than expected, then surely that's a huge positive.

This is already bargain basement Locky. Other stocks are well off their lows still and this is stuck on it.

Some positive news to counter all this negativity

Thanks DB

200,000 trades moving this by 4% is ridiculous. At the moment it's a traders dream, but with potential big news in the background they could land at any time you could get caught out if you're not in at the right time.

Thanks DB.

It just feels particularly frustrating here as they are only showing a negative one right now, but there have been two positive ones since the March results

Thanks DB

Does anyone know why LSE doesn't seem to capture the Peel Hunt rating for NEX and 215 target price in their brokers tab?

Don't poke the bear Genghis. It's really good they are going to ballot this time in my view.