Member Info for Quickdip

MM, You seem quite knowledgeable on buses, you must use them yourself. I’m honoured that you would spend all evening telling me about them too.

It’s a shame your understanding on the financial isn’t quite so well versed. As I say, I suggest you look up the basics on bitesize. It doesn’t take a genius to realise that when a business has no equity other that goodwill, and it produces a return less than you can get on cash, it’s effectively worthless.

This reminds me of when marstons was sitting on the 30 year bottom at 53p. The chart never runs out of paper though, and it’s now 30p.

Gengis, nex is mostly coach travel in the UK, but not internationally.

And before you mention it, spellcheck put the space in microeconomics!

Busses- US plural for bus. Nex primarily operates busses in the US.

You obviously have no idea about business or the importance of understanding your target market if you think it doesn’t matter how much money they have. Imagine a your costs go up, and your margins are very tight. Not such a problem if your customers are well off, just pass it on. Now imagine your customers have no money, you can’t pass it on. They’ll just walk/cycle. I suggest you look at BBC bite size to get a basic understanding of micro economics.

Why wait a few days for it to reach £3 when you could get £3.70 Monday morning?

It’s a shame really that a name change wouldn’t change the fundamentals.

I find it hilarious that you compare this to FGP just because it operates in the same sector. Well, it doesn’t even operate in the same sector really, FGP is primarily trains, mostly used by professionals with money to spend, and NEX is primarily busses, a service for people with no money.

More importantly though FGP is a solid profitable business with plenty of cash and a very healthy balance sheet. So you really can’t compare the 2. NEX is the kind of business that would be taken over for a £1 with a promise to invest hundreds of millions paying down the debt.

Yes, please explain it in simpler terms. I thought you meant the **** bus company would be a good name because of the fundamentals (massive debt/ROA less than interest rates).

MM, you were saying this is an absolute lemon and should be called the **** bus company last week. Make your mind up.

Don’t see why people are so disgruntled by opposing views anyway. Truth hurts?

It indicates that yet another finance house has dumped this and is running for the hills.

68p

Based on what exactly? No point rambling on without backing up your analysis.

I think I’d be more concerned about my trust in the BOD that the bid wasn’t announced. Particularly as it’s lost 60% since.

Why get excited about a bid made 6 months ago? It’s probably not even on the table anymore.

Come November you’ll probably be wishing you had invested in Asos & Tui instead 😉

I get it paddy, you’ve done no research other than looking at the SP chart and have lost a fortune.

If you need a shoulder to cry on…

I haven’t disappeared Denfos. I’ve highlighted the risks, people can make their own mind up.

Paddy’s comment below shows the level of analysis people do when investing, not realising there are more than 4x the shares in issue now compared to 1996, hence the share price.

Anyway, you’re a fine one to talk doomsaying on every board on here!

Yes, I got 90% of my holding out, left 10% in just on the off chance it would turn. It didn’t so I sold up completely shortly afterwards.

Remind me how much profit you’re in here Paddyboy?

Do tell me when I said I had a 10% loss here. I made a profit the first time round because I act’s right down during the drivers strike expecting it to recover shortly afterwards. Then I waited for the TU, divi reinvestment, but it just wasn’t going anywhere so I sold up for a small profit.

CFD paddy, no trading fees or stamp duty, just a spread of about 0.5%. You learn something new everyday Paddyboy.

You couldn’t filter me for long could you? I share too much wisdom.

PC, you may see 3p as 3p, but some of us buy tens of thousands of shares at a time so it multiples you see.

I dare say I’m the only one here who has made an overall profit on this share (and I haven’t shorted).