Member Info for Paddyboy1

Maybe he's buying a new house or car & needs cash for that. He knows he's getting his end of year bonus & he gets loads of free shares anyway. He can't pay for is car with shares in a trading account!

The ship will sail again & i won't be walking the plank early doors like last time. Lesson learnt!

Always remember how you would have been cursing yourself for selling those cheap shares you bought in 2020 for peanuts profit & watched it sail away to 330+. Don't let the same opportunity slip away second time around!

JG/LG, come on guys you need to put this into perspective. You've both been around in this game a long while & i've seen you both on other share chats over a fair old period. Neither of you are newbies to this gig. I bought in here first when it went below 156 . 153 i think was my first tranche of about 5k as i recall. I chose that entry point as the 12 month low had sat stubbornly at 156 for ages. This SP survived the mauling that others received during the Truss/Kwasi debacle while other shares got mashed. I always now start with only a small tranche. I bought a 2nd lot, still small at 143. I then upped the game & started buying in bigger tranches in low 130s. When it went sub 130, i sold a large amount of my WG shares & bought a large chunk @127. I've been adding ever since between 115-125. The point here is that really this share hasn't done horribly badly in the last 4-5 months. That is only a 30p trading range. The outside news has all been fairly dire macro wise. You need to understand that IMO here you have a 'safe' investment. How many shares have you seen issue profit warnings in the last 3 months? There's been a few. Not NEX though & that is why i'm investing here. This business is solid. It will achieve true value just need to keep the faith!

Nitro, that is why it is the time to load up when the SP is at a battered down low. No point moaning about missing out once the horse has bolted!!

To me at least the dividend reinstatement here is a message from the BOD that everything is in hand & looking good for future growth & debt is under control & managed! The actually cash dividend which i'm going to get is not something which i invested here for but of course it's a nice little bonus. i'm not really in the habit of staking huge amounts of personal cash on shares but i really see NEX as one which is being overlooked. I think it is just seen as a bit boring; very few updates & the market bar the shorters are just ignoring it. The current SP just seems really absurd to me!

Poker, i'm trying to explain here why IMO at least the debt should not be a major concern to investors here. I don't think people kind of understand that companies such as NEX are run on a certain level of debt & they have specific targets to keep the debt under control. Well managed debt is not a bad thing! To try & put this in layman's or individual terms. Most people buy a property with a mortgage at usually a reasonable interest rate. That is well managed debt. Someone buying a gold watch with a loan from say Amigo at exorbitant interest rates. That is not well managed debt! Nex have their leverage under control & that to me means it is of little concern. It is when leverage is out of control that red flags start appearing (Think CINE: They had large debt & with all the cinemas closed during Covid, they had no way of servicing that debt. Hence where that company sits today!)

Debt is not high here. Debt to equity is high because SP is low. I've said this before. Debt is managed here. Gearing was down to 2.8x. The target was below 3x for the divi payment to be authorised. Nitro, those FT numbers don't factor in the ALSA goodwill impairment. This is not CINE. These debt levels are normal for this type of business!

LG i've been heavily invested in other stuff far more risky than this would ever be. You just need to remember your reasons for investing here in the first place. Personally i was in here in 2020 when things were really quite dire but look where it went from there. In a nutshell i cannot see that anything has really changed with NEX the company from back in 2019 when it was nearly £5 per share. The company's value has been diminished by factors outside of it's control. The actual company remains very well managed. This is IMO a classic Warren Buffett type stock which has intrinsic value which the market is failing to recognise. Just need to stick with it & ignore the noise. The value will materialise. It always does on quality companies!

LG/JG you two guys are long termers here so you need to relax & just wait for long deserved returns which will come in the end. You both sound like panic sellers at the end of their tether. Chill!!!

sub 130

I hold just under 150k now

haha Poker, it all adds to the ambience. I personally like some well informed negative & critical posts for a bit of a balance but this geezer was just spouting utter BS. Remember Jonny2toes & Y11 on PFC? there used to be one on IAG called Whata mess too.

Yep i hope Mr Hu keeps posting. Every board needs a resident bell end for light entertainment!

i doubt it. There's been no sell opportunity! buy buy time this is!

Unfortunately the battered share price attracts these individuals. This is not McColls which Mr Ha Su thought was a viable investment. Enough said. Each to their own!

KiJa Su, my comments were in response to your comments which i found to be completely ill informed & if you understood this company a bit more you would understand that. You imply that you have got an investment here. If so why are you invested & at what level did you view it as viable to risk your capital at? Your comments suggest you have little confidence in the company so why invest in it then?

KiJa Hu, thank you for your completely uninformed debut posts. I really think you need to read the RNS's relating to this company as clearly from your posts you have a very limited understanding of this business. If you have invested here which i don't think you have then i'm sure you have made a wise move. NEX is not an AIM share or in any form of trouble unlike as far as i can see almost all the previous shares you have made extensive commentaries on. GL

Lets face it before the energy price shocks a big USP of EV ownership was massive fuel savings until Putin spoilt it all!

depends on the price of diesel vs electric costs & how they're hedged. In the end company's like NEX have to go to zero emissions & they will be getting subsidies for that investment.