The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
According to the article 10 years contract worth 570m euro for Alsa. Thx for sharing.
So we are still in the race to get the Dubai contract too? Do you have a link referring to the Saudi contract rumours? Thx
Poker, I thought the Saudi contract was given to that french company and we are waiting for results of the Dubai tender.
They did not have any concern regarding to debt level (roughly the same) when they set a target price of 290p a year ago. Since that Covid has gone, inflation has peaked, and NEX got a massive contract.
NBP Gas futures have been falling for months now. We are getting closer to the 100p mark for 2024 summer. Still double of the historic gas prices but it looks better every week.
Does anybody have an idea when the results of the Dubai transport tender can be expected?
Happy indeed.
Must be a big seller. IGR is falling too after a decent update. THG and ASOS are down today.
So right now the company is valued appr. 1.7-1.8x full year EBIDTA? Correct?
I dont really care about short term movements of the SP. It is a solid business, inflation will drop eventually, and SP should recover. I try to accumulate more if it goes lower.
EBIDTA 9m, MC 22m. Crazy markets.
It keeps falling on low volumes. Annoying a bit.