Member Info for prussell1963

PB1, my plan is to hold 2-3 years on the belief that travel recovery should see this share comfortably 300-350p range, unless situation deteriorates further. I understand that the profit between buying at 100-110p range and the current 120p average is almost negligible in 3 years, but, as NEX is not a good dividend payer I want to ensure that if possible I buy wisely. Am afraid that as I took my pension in 2019 and hence invested loads pre C19 I don't want another loss, or loss of faith!! I am tired of buying and seeing price drop, and as I am trying to be more considered in my purchases, I am trying to take a "view in the round" . Also, as a Brummie, I would like to hold NEX asa local company, I know call me stupid for being sentimental, something investors should avoid! So, its not concern on my selling price, but my buying price. Ideally as soon as I have done the deal, I hope for meteoric price rise so I can sel!

Also, whilst doing my own research, why are 9 of the 10 NEX board members Independent Non-Executive Directors? When I read this on Wikip, seems QUOTE "A non-executive director (abbreviated to non-exec, NED or NXD), independent director or external director is a member of the board of directors of a company or organisation, but not a member of the executive management team. They are not employees of the company or affiliated with it in any other way and are differentiated from executive directors, who are members of the board who also serve, or previously served, as executive managers of the company." UNQUOTE. Is this normal or even worrying, if so to what extent......

If UK is small beer to NEX revenue, based on current C19 progress across NEU, if USA / Brazil / South America and South Africa are all to see "2nd wave" increase, surely NEX USA revenues will be impacted?? As may Morocco , Spain and Middle East markets. If this happens then the impact is on the bigger revenue streams and so impact on SP could be considerable. With Trump focusing on preserving his POTUS position will he (be able to) protect USA from another spike, I dont believe so as C19 increases massively as soon as engagement happens. If US / ME / MED areas follow NEU then surely inevitable that revenues will be hit Q4/20 and/or Q1/21........ personally I am waiting a week or 2 to see what happens as I do want to be a NEX holder but want to avoid paying anything upto 15% on current price if my portent of doom unfortunately happens. From an impact on peoples health, I sincerely hope not, but as a possibility , as an investor i must consider.

Today's announcement from BoJo regards increased C19 restrictions may affect NEX adversely as reduced contact will come with a "use public transport with care / only if absolutely necessary" statement. Its confusing all round as only last week it was get back to work in offices etc, now somewhat of a reversal regards engagement. Ideall NEX need the CEO / Trading Update to be well timed to inject some confidence into SP, however on previous shares I see that the good news is very quickly deflated by any bad, however time limited the bad news may be. NEX seems to be floating around 120p as its current base and like many others cannot make sustainable progress against current headwinds. Some still indicate a view that 100p will be the low, as a pending buyer that would be great entry price, but not so for current holders of a seemingly attractive and potentially high performing stock. Personally, I have had enough of a "jam tomorrow" diet, it never tastes as good as the real thing......

Agree with most of the returned sentiment, apart from the day chancer one, but understand why this was voiced. I think that its just a case of seeing many of my purchases reducing just after buying, irrespective of C19 issue. Buying AV at 400p and RDSB at 2200p leaves both a bruising and cautious experience, hence I understand that I cannot time a market to perfection, but would hate to see a 120p reduce by a further 20p, in short I need a win, not a short term one but one that doesn't frustrate, again!!
Recovery on all will be slow and hopefully for NEX, sure. Realise that not buying for 4p looks and sounds churlish, perhaps my stupidity is just a mask for not wanting another red number to join my collection. Will be watching closely ......

Have been one of the interested investors for a while and very interested in this BB. There has been a few niggle posts and exchanges, but that's the same on many other BB's. What is also the same is that there is huge positivity that NEX will deliver and deliver strongly, and I see other "jam tomorrow" statements on many other BB's. But like NEX, they are still waiting. However I started watching a few weeks ago at 140p and sadly didn't jump in at 112p as again the BB had forecasts of 100p and even below, so I held off, for now. I understand that many shares are gaining and stalling and that my investment horizon is 3-5 years and so NEX will have recovered substantially by then. Buts so will many other SP's. As a novice I need to decide between NEX / AVIVA / PSN / RDSB / BP etc for best recovery plan. Some of these will edge NEX eg AV will return to 420-450p range and will pay 7% dividends but forecast is for NEX holders to bank on SP increase only in short term as understandably dividends will be sensibly paid. Like every other share, seems loads of positivity, loads of promise, but future is somewhat of a gamble, but NEX remains a gamble I want to place. Am waiting for sub 115p to buy in and claim I got a bargain. Need to remember its better to buy a good company at a fair price rather than a fair company at a good price. For all reading, would love to see a quick dip down to sub 115p and a strong rally back over 200p by year end, then I can convince the wife that I am a smart investor.?????

First time on NEX BB and can see its very active with a lot of sentiment driven views. NEX is a difficult one to call as a newbie investor in the stock, doing research gives a flashing green light as a BUY, yet SP falls havent seemed to get any clear reason. Like most other BB's I visit, most "hope" or predict an upswing in fortune, but my Aviva, Shell and others seem to be suffering the same fate, a "jam tomorrow" scenario. So I will stay close to my laptop and watch developments and price activity and see if I can for once time a decent entry. My other purchases all seem to have gone in just before a fall and I am left waiting for a return to liquidity!! My original post asked if anyone had heard if 2020 INTERIM payable mid Sept had been confirmed, any news or views? Mixed sentiment on NEX leads for an intriguing consideration. I am trying to avoid the word "gamble" and convince myself that DYOR has been sound and result will be likewise, but am afraid its not the case and the conundrum of NEX sp continues.... many of my buddies dabbling in shares also have NEX on their radar, so the view is positive, many waiting to buy in, but trying to time the low (I know it probably wont be possible and be a stroke of luck!!) will be the trick. Let's see if the Friday Feeling goes positive tomorrow as i hover over my electronic cheque book!

Hi, am looking at increasing share portfolio and have been tracking NEX for a while as the consensus reads positive for future growth, although even with this the ongoing reduction to circa 134p is both worrying (whats behind it??) and pleasing (I can get in at a better price!) so again, the roller coaster of share ownership continues!! I see that the 2019 FINAL divi was suspended but cannot see anything regards if the 2020 INTERIM will be paid (EXD 27/8, payment date 18/9). I am not buying in for short term divi as I believe that there is decent upside to NEX ownership. Have I missed anything regards divi recommencement as I expected something after the half year results. I am also slightly worried as I still see talk of sub 125p and also some offering 100p as the drop baseline ....... Oh Lord, what shall I do!!

Any fears that with a decent price rise of late, the day traders and profit takers will start selling and so at least hold back if not reduce the share price. It always seems 3 steps forward and 2 back with AV of late and am afraid I lost patience and went elsewhere (Dart Group at 430p now trading 9.12 but hit 950p last week - would love to see such price activity for AV but understand this will not happen and its not capable of happening. As a long term holder who brought in around 400-410p range I would love to see some sustained price gain and divi reinstatement, even if it just stops the wife from telling me what a clown I was to sink pension into AV and RDSB, another dividend withdrawing behemoth (in the short term of course!!!)

All, as a very bruised Aviva share holder, suggest you view and remember the very positive statements made by AV that they would maintain the dividend, right up until the point there was some jiggery pokkery when many directors then sold part of their holdings, then announced Final 2019 divi and interim 2020 divi would be cancelled. Many a slip twixt cup and lip, as AV shows. I dont hold LGEN and again very disheartened overall with AV dropping from over 500p in July 18 to 235p today and canceling divi's after a firm promise. I hope that you get it and it preserves the integrity of LGEN, would not want another dissatisfied Chat board like the AV. board. Pop over to that and see some really disengaged stoke holders. Best wishes,

Agreed, despite my original positivity towards my 35k buy, it has seeped away due to ongoing and prolonged mediocre share price performance. AV itself reported best ever commercial performance but no reward came the way of the rank and file investor. I am disappointed that there is nothing i see or read that suggests a turnaround in fortunes in a reasonable time frame. As you can see I am trying to remain balanced, but in honesty its a charade. What can the Covid expenses be, no one is driving so reduced traffic claims, no one is leaving home so reduced burglary claims etc....... I thought that recently cancelled divi was for 2019 performance and investment. My experience is that once there is a stench of something not good around a company or management team it is usually very hard to then start smelling of roses. Sentiment is very fickle and sentiment is against AV presently. Yes there will be a turnaround, but can we really wait 3-4 years when others may achieve same in 2-3 years. Tulloch really needs to take the temperature from this and many other chat boards. I will be sure that he would walk away hugely concerned that his investors hold such derisory views generally of the company and the board (deliberately didn't give them a capital B, they don't deserve it based on a halving of share price since July 2018).

Well that feels good, getting it off my chest!! Have just offered a number of questions for AGM, mainly surrounding 1) the amount of toxic commentary surrounding AV investor AND BOD performances, and 2) that L&G share price may soon overtake AV which would be a damning indictment of BOD performance, and 3) that at such levels a predatory bid could be expected, one which AV will use my dividend to fight off! Whilst I concluded my offering with the need for BOD to "hang their heads in shame" over 2 year share price (non!!) performance and divi snatch, I am sure I will just be regarded as a bitter and twisted money grabbing stock owner and my questions, comments observations will not see the light of day! God I hope thy BOD read some of the stock commentary sites and get a feeling of how they are perceived and regarded. None the less, it felt good to put pen to paper, metaphorically at least! Lets hope other who feel the same (no coaching here!!) do the same and at least the negative sentiment is registered.

AAS, I kinda wished that I had a smell the coffee moment, before I purchased AV. It was one of my first (along with Shell!!) steps into stock investment with my pension pot, so you can imagine how i am feeling at the moment. AV at 410p and Shell circa 2150p leaves a big hole in my portfolio, and with Mondi, PSN,AV all cancelling divi's has been a bruising time. I kid myself that I am contrarian investing, picking up bargains whilst this crisis takes hold, but in reality I am not prepared to buy enough of these stocks again in volume to average down my position so I can exit. I have previously posted that AV has always promised "jam tomorrow" but has never done so. FTSE100 moves + 2.4% and AV falls 0.3%. I think that despite best ever financial results reporting, no one really fancies AV or its management. So many INS business have fared better, and maintained a divi. I could have even stomached a divi reduction by 50%, but 100% was a killer, especially as its my only income stream. Am afraid that I am being childish and have not renewed any car/home business with AV, why should I when they have stopped my divi and managed a near halving of share price. Everyone still seems to preach it will recover and on HargLand site everyday it is one of the Top10 Buys by volume, but it never seems to be able to get off the floor, and as soon as it does, everyone sells to take a quick buck!. I see many posting that they believe a daily cycle is evident, you can buy and make 5-15p per share most days simply turning stock around, I dont even think many see this as a holding stock. If it ever gets to 400p then the selling off will be substantial and depress the price again. AV have a serious issue IMHO with its engagement with its investors, its out of favour with same, but in favour with day traders. Any views on a special divi later in 2020 or at least an enhanced Interim in Sept. I would love the Board to rewad some of these posts and take stock of how the sentiment is about AV and its management, if I were one of the Board I would certainly be hanging my head with same regards treatment of the shareprice and divi for "investors".

Not posted for a while on AV, a mark of my overall dissatisfaction with AV. I see posts which suggest we all do our bit and take a bit of C-19 "pain" as many are so much worse off than a lost dividend and I agree this wholeheartedly, BUT, the final div was based on 2019 income and performance and so should have been maintained. I can understand that the 2020 divis would have been suspended , the year of performance impacted by C-19. The recent selling by Execs leaves a bad taste, especially as the maintained divi announcement followed this, but I don't want to be a conspiracy theorist (!). We have to look to the future, but I believe that AV will pay a heavy price from its investors. Too many times I have used the phrase "jam tomorrow" with AV but in reality share price has massively, embarrassingly, woefully under performed for over 2 years, losing half its levels. All exec's should hang their heads in shame. Add to that no Final 2019 and possibly a cancellation of the interim 2020 divi's and many will dump this dog as soon as they feel they financially can. I for one am not prepared to listen to more spoutings of future "jam" with AV. It's now a toxic share, a "value trap" investment. Even with record performance the sp didnt lift, so what chance of 400+ with such sentiment hanging around it. None. LGEN should have been the better stock pick and it has stated it will maintain its dividend for 2019 operations (lets see if that now holds!), as has Tesco and a few others. AV should have considered paying a REDUCED 2019 final divi with an option to increase interim 2020 in Sept, but no, it took the lot. I await with interest that the BOD also reduce their multi million salaries to show "we are in this together". So even if AV claws back to 400+ it won't be anytime soon and will be met with a major sell off, depressing sp ambition further. My 8000 was purchased around 400p and as a retiree, the £1600 as income was much needed. I was not been mercenary, it was an income requirement to invest to live. Without a salary the impact on many income investors will be significant, but am sure the BOD are sympathetic (not!). I understand that to be a successful equity investor you need to keep emotions at least in check, if not out of the business altogether, but I have to say that it's a powerful human emotion and if it turns against you can deliver some shattering results. I think many will hold this "emotion" against AV and its GBP12.3BN cash war chest, and top it up with massively poor management performance over too long a period, and again AV will face a reaction. I personally now dont buy car/house/building insurance from AV, they have too much of my money already. Whilst I try to take a reasonable, considered and balanced position on most of my comments, am afraid that this is not possible when I consider AV. As a "level headed joe smith" investor in AV, can they really afford to p*ss of the likes of myself in droves, continuously?

I may be a bit thick, but whilst i can see many top up statements, what are the benefits of RDSB over say Fundsmith purchases. With Fundsmith now at its best price for many years, and it has risk spread across a number of well regarded global companies and so should see strong fund performance return on any up turn. After all, I have some belief that the pro's and their systems etc are better advantaged than us Fools. They spend all day cramming over company performance reports, whilst I am decorating the lounge, walking the dog, doing the washing up etc so surely they are Sages and I am a sauSage. I have cash on the hip but am in a dilema, fund or shell. When USA recovers Fundsmith will rocket from current buy in price, and I can use next years ISA tax benefit for my wife and i. I believe that shell will double in price back to 2000p and pay 1.44 in yearly divis, but if i go into a fund, i may be tempted to be a good boy and hold longer term. As soon as I see a doubling of my shell investment I would be tempted to liquidate and the wife rush off to M&S. Am i answering my own question, or have i missed some logic whilst decorating and listening to the radio?? Any words of wisdom I should consider.

Please don't think that, or if you do, please dont say it !!! As an investor in early 2019 and paying between 385-415p from my pension pot, I desperately need a recovery similar to the rising of Lazarus!!! I only hold 8k shares but this cost me £32k and presently returning £21k the wife has already started the "should have known better" and "I thought you were a smart investor etc" statements. Seems hindsight is the best investment tool of them all. Might give her all my money to invest as obviously she knows everything!!!!! My serious concern, and one which I have posted previously is that because of the sentiment (poor) surrounding AV, and add to that the ability to buy cheap and make decent profits at 300p+, as soon as there is any price recovery, people will sell and keep share price suppressed, possibly artificially low when the share price doesn't cover Market Capitalisation. Will I ever recover my stake, ?? Agree will be a journey longer than I signed up for. I will start a new share type name, the Avenue 5 , for shares which will not return for a longer period than expected ??

Please don't think that, or if you do, please dont say it !!! As an investor in early 2019 and paying between 385-415p from my pension pot, I desperately need a recovery similar to the rising of Lazarus!!! I only hold 8k shares but this cost me £32k and presently returning £21k the wife has already started the "should have known better" and "I thought you were a smart investor etc" statements. Seems hindsight is the best investment tool of them all. Might give her all my money to invest as obviously she knows everything!!!!! My serious concern, and one which I have posted previously is that because of the sentiment (poor) surrounding AV, and add to that the ability to buy cheap and make decent profits at 300p+, as soon as there is any price recovery, people will sell and keep share price suppressed, possibly artificially low when the share price doesn't cover Market Capitalisation. Will I ever recover my stake, ?? Agree will be a journey longer than I signed up for. I will start a new share type name, the Avenue 5 , for shares which will not return for a longer period than expected ??

Oh dear!! As I write, FTSE100 up 2.65%, but Aviva down nearly 3.5%. There is little optimism around this share. As a rock solid member of FTSE100 and with billions in cash on tap, and with record breaking results just announced and strong divi payout and history and some cover that payouts to policy holders could be not so demanding due no cover for COVID 19 in standard policies..... and ...... and ...... and, and yet this share still slides even on a small market rally. Surely no one is still shorting this stock expecting to sell at 243p and buy in lower??? Does anyone have a lucid idea of what it will takes for this share to reach even a fair price. Buffet says to pay a fair price for a good company and not a good price for a fair company .... seems AV is in the latter, unfortunately........

So, after monitoring and contributing to AvivaShare chat, the simple question remains Buy or not buy. Agree the current sp is very attractive, coupled with strong dividend, and many pundits offer AV as a strong buy, and AV has huge cash mountain, but it still doesn't fly. I have previously posted that some " strategists " see AV as a Value Trap, which is poor status and many tipsters forecast jam tomorrow, so why is it a marmite share, you either love it or loathe it. Regards buying for yield, why AV over RDSB?

Interesting article on why to buy shell at the moment. Earlier posts (initiated in part by myself) regards shells buy back program seemed to cause most commentators view it was a bad thing, even a con, and this is also commented on in the article. I like the fact that sheel will buy back its own shares to reduce it divi payout revenues, but, also as a fair judge of its short/medium/.long term business goals, buy back may be a sign from the company that it sees value in the process as they wouldnt do it if there was no value/need/benefit, so at least MAY indicate that it could be a good time to make a prudent purchase. Holding a small number of shares (approx 1500) I really don't want a growing exposure to fossil fuels, but i do believe that the conversion from this fuel source to new, greener sources wont be easy and quick, so there could still be mileage in good old shell, at least for a couple of years which makes dividend income important consideration. Does anybody still stand by the old maxim "don't sell Shell" or this now consigned to history........ that said, 8.5% Yield looks bloody interesting!!! WB always claimed be greedy when others are fearful, but am not sure where greed and stupidity flip.

https://ukinvestormagazine.co.uk/3-reasons-its-the-best-time-to-buy-shell-shares-since-2015/?mc_cid=bd2d136bfb&mc_eid=c4c2eb39a2