Member Info for Nitro182

Are you guys just happy to sit on this regardless of loss? How can they manipulate the price ready for the take over ? Now where is the logic in that when another investment firm could easily step in and take their position? This is mind boggling it really is

I personally sold my shares because my investments were at the following stages -

£500 at 267
£500 at 260
£1000 at 223
£340 at 240p

So basically with the share value all at different prices I cashed out and then put £2k in at 220p which will account 100% of the rise from 220p onwards so therefor my gains will be more ?

Hopefully will bounce tomorrow to 225p , then I will sell again, and then wait until Xmas where I will buy in at about 150p lol. Got no confidence with this what so ever.

I sold my holdings earlier and then re entered at 220p. And yep , down it went even further. Laughable.

All I can say right now is that I'm fed up with watching my hard earned money decline. I could take the dips earlier pre H3 report and capital markets day , but this continued down turn defies all logic given the numbers we have seen. I thought dealing with stocks was logical but looking at this, the ship is sinking big time (eventhough revenue is up , government funding is up , secured contracts are up) . Does not make sense ! It can't be the covid fear given deaths are so low. All I can see is a manipulated stock which is somehow corrupt.

Financially NEX are well covered until next spring with the covid support from the government so whatever happens with the SP doesn't really matter. Will probably be worth topping up monthly over the next few months if the SP remains so low. Treat it like an ISA.

What i don't get with this covid bull crap is why don't we get to see the actual facts about the 200 deaths? , a breakdown to why each and every one of them died. Im sure this would uncover the fact the virus has actually had little influence (i.e car crash , organ failure or just self inflicted bad health ).

As for the SP I'm in the Red but it is holding up marginally well compared to the significant drops we saw the last time we were at this level. The UK side of business is currently operating at 52% so thankfully whatever happens over here won't have too much impact on perferformance like previously mentioned.

The merge talks have been extended until November. Was confident about the SP this week, not so much now.

Yeah very true. I'm not saying they should , its quite obvious NEX have been topped up big time through government grants throughout the world. I'm just stating that if we want to see this SP grow then dividends will be the only thing to attract big time investors. Right now I'm in this for the long term so the lack of SP activity doesn't bother me too much , however Id be happier to see my money in a less volatile place. If only we could sit around the 250p mark id be very satisfied.

To be honest I think dividends need to be announced again , thats what will get investors back

sorry 83% - 92% is the drivers head count

Maybe the big time investors are waiting for Monday (capital markets day) ?

The negative is that the numbers are so low , however the company is operating at 92% of pre covid revenue so therefor once the passenger percentage increases the business will be turning over more than pre covid , as what was planned taking up more contracts. Personally from what i can see NEX is run as a tight ship , and by spring next year we will be running at full capacity.

Its frustrating to see a lack of substance behind the SP right now though.

Well there has been a late rally with the sp so a bit more confident about tomorrow. You would think that all the challenges with the shortage of drivers and Inflation would be priced i to the current SP given how low it is

Well going by todays sp performance tomorrow is going to be dire

The trading update from NEX

This will end tomorrow thought right after the announcement ?

https://capital.com/stagecoach-confirms-it-s-still-in-takeover-talks-with-national-express

Some interesting stats about the latest demand for public travel

https://www-granadadigital-es.translate.goog/alsa-gestionara-autobuses-urbanos-granada-compra-transportes-rober/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=nui,scFound this , just need to translate it . This share has to be seriously undervalued

Also check out Flixbus on trust pilot. They have more than just a few issues . Won't be around for much longer going by there customer service.