Member Info for MrKool

Trading statement for Thursday, the 29th of February, I see. Maybe as it’s a leap year we will finally get some good news, and movement in the right direction.

Name change early June.

We are now half way through June and it hasn’t happened. Should we be concerned?

(If you’re going to make a statement- at least back it up.)

Having recently topped up again, now slightly concerned that another few pence have gone. This is now significant largest holding now and really wishing positive news soon - really scratching my head on the market - are we just too eager and too early investing in this share.? I think of myself as an investor with a longer time horizon than regular trader)

Good to see NEX on the editorial of broker ii. “Insider: FTSE 250 foursome buy shares at rock bottom”

No new news that not already discussed here, but positive to see - in summary, a buy signal.

Peel Hunt has a price target of 215p. They described the company's current share price as good value for "one of the last recovery plays in the sector".

Not wishing to get embroiled in the discussion either way… What’s the significance of November?

Maybe there is an algorithm that uses the number of posts on this bulletin board as a variable, which is inversely correlated to the sell prices in NEX. Hmmm…

Scraped together any spare cash and sold other holdings that were in green and brought average down to 130. Now pretty much committed to NEX and know I shouldn’t look daily at the sp. or even these boards if I want to relax. Still feel worried at discussions of rights issues even being mentioned on same board…gulp. Time to maybe just close laptop/phone bookmarks and revisit this in June. GLA

Solid trading update. Just thought it was worth mentioning if any body was further convincing actually take a trip on national express coach. It’s so blindingly obvious this is a steal. Since I used to take coaches when I was at school/university days... They are now clean, cheaper than the train, fast, have facilities (USB/power), driver really professional, value for money - a delight to use. Compare to the train, an absolute no brainer. Compared to take in my own car… with low-emission zones/ charging zones/ Parking/ Fuel & gridlock woes to contend with - the revenue for NEX is pretty much a very very strong case. Sitting on my pre-reserved seat, I generally feel smug both as a shareholder, and as a customer. What’s not to like?

Say the price is 1.2250 today. This guarantees a 5p payout in a couple of weeks when the share price goes ex-div. The dividend was priced in today, irrespective of market conditions. All things being equal, the price will drop by the dividend amount tomorrow, again, ignoring market conditions. If the market goes up, the price will go up. If the market goes down, the price will go down. However, excluding what’s happening in the market, the relative share price will go down by 5p. The 5p drop will be mask by what the market does, but is intrinsically baked in to the value - assuming nothing changes to the fundamentals between before, and after they record date of the dividend.

Scraped as much as I can afford together to bring my average down to £1.30. Will reinvest dividends when they arrive in a few weeks, but hoping and/or fearing that the price will have headed upwards by then. A bit torn between desires.

Could this be the start? How exciting, not seen this much of a rise this early in the morning before 9 am! Trying not to get excited, as I want to buy more, with next ISA allowance. Wish it would wait a few more days…

Using the actual services (as I was hacked off with rail/train woes) brought me to this stock…
It’s been a while since I took a coach but i was overwhelmingly impressed. I really was.

The bus was clean, modern and punctual, along with power available and a tray for laptop. I thought I’d demonstrate the value, here are the actual figures for me. Just reflecting my options, comparatively:

Journey time: NEX Coach 2h 5mins. Train 2h 11 mins
Stops: Coach direct to airport, Train 2 changes
Cost: Coach £43.70 and £5 extra to reserve dedicated seat each way. Train cheapest £109.70 ! (£274.70!!! For first).

That is 50% cheaper than the train option - with a reliable service that was spotlessly clean and a surprising delight to use. I’ve used it 5 times since… I’m not going back to the train unless cost & reliability narrows.

Now that is the basis of the value which led me to look at this company. I bought into it last year and have averaged down will the falls and will continue to add to my holding at these prices - based on fundamentals already being discussed in other threads. NEX needs to keep doing what they’re evidently doing. At some imminent point analysts will discover this glaringly obvious value aligned to what is going on in the economic backdrop and this will rise swiftly. No brainer. (Unfortunately, I suspect, city analysts may not be the stereotypical user of NEX bus services here in UK). Also I know NEX is not just all city-city white fleet buses. …

Ideally no more sinking, just a steady rally in the new ISA year (once funds invested).

The share price is still a fraction of what it was late 2022 (early Dec) the news has substantially improved, so I would I hope some momentum in share price above 160 today.