Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
"The National Express (LON: NEX) share price has been in a bearish pattern for well over the last year. In the 12 months to January 23, National Express shares plunged over 44%. Rising interest rates have brought National Express Group’s debt position increasingly into focus. Its last reported balance sheet showed liabilities of £1.18bn due within the next year and a further £1.63bn due beyond the next 12 months. Its total liabilities outweigh its cash and short-term receivables by almost £2bn."
This is what I read.
How much debt do they have then ?
I disagree this will go down more before it retreats unless something very positive appears from the update. People clearly don't like it when a negative opinion is made when I'm just barely making an opinion based on research I've read on the Financial Times . They still have £2b in debt which is a lot.
I've realised everyone's positive on this forum which is good if your invested but I think with the market riding high near 8000 only need a couple of hundred points drop and this SP will hit £1.10. Can't see it going up much this year with the £2.3b debt they have and rising costs.
Why is this share so low trying to make sense of it and thinking of buying a few thousand. Whats everyone's stance on this ? Will it go lower
Fair play Minvest they're investing into the future but that's all been priced into the current SP and will be a while until that brings profits so what is the other news you may know ?
I use to love coming on this chat to see people's opinions but it seems people like Minvest and a couple of others keep posting false hope such as watch the news is coming....please only post if you have info to share, which I'm 99% sure you do not.
Why don't people on this forum be realistic instead of keep posting jargon like will bounce back Monday or will be green im damn sure. Unless you got inside info your just in the same boat as every other person on the planet.
This share never fails to disappoint and I can understand people's frustration but this SP will come good once we get the next set of positive news or results. Broader market is doing well so SP will bounce back fast on slightest positive news