RE: NEX 255p Jun 21??29 Aug 2020 16:14
I think you are being way to optimistic their Paddy with your 200 price in 6 weeks, i hope you are right but I can't see it, everything here seems to be on a downward spiral at the moment, there is to much negative things coming out from various governments around the world regarding the virus, we only need to see another lock down or schools shutting down again even though they haven't opened fully and this will go crashing down.
For some reason the markets have got a negative approach for bus and train companies at the moment, unlike the airline stocks they are not doing bad to say they have not much revenue coming in.
NEX will come back at some point in the future but I think it could be a long time, and also it isn't guaranteed that they will survive, there are firms just throwing in the towel, all we need is one big contract loss and we will be screwed, i know i might sound to be a bit negative, but you have got to look at all the angles.