Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
over a 100 posts HERE today already tells me there is significant interest in this stock and its defo worth having and adding and more. General feedback is this close to bottom and potential is enormous so everyone should just fill their boots. This is backed up by all recent Broker opinions.
2nd day its hit 115 and bounced back slightly suggests its not going any lower IMO. Get on board and hold on!
Yep, Upwards and Onwards!,
nice bit of recovery from low of 115 on a bad day all round! Well done if you got in at that level, hopefully we wont see it again.
**I think the following will do well.....pLease DYOR...etc..
- L&G, Aviva, Barc, BP, EMG (not 100% sure) and Lloyds **
Sorry FI but I see lots of trouble ahead for big financial institutions, many companies are going insolvent with bad debts to these and also those you mention will be heavily invested in commercial properties which everyone is trying to get out of.
And even on an upturn they offer nothing like the potential to be had here. IMO
F1,
can I just ask why you watch this stock so closely if you think its a dog? And in your opinion which SPs offer a better longer term (12-24 month) investment right now?
F1, you either pick from RNS what best suits your forecast or you do not read it fully! the first line regarding UK Bus Operations,
"Both UK bus businesses' costs are underwritten by their respective national transport authority. The Department for Transport has confirmed the West Midlands arrangements will remain in place "until a time when the funding is no longer needed"; and, in Dundee, the current funding arrangement is in place until November, at least."
IMO there will be a consolidation at the end of the agreement to square things up but in the meantime the actuals have been posted!
Unfortunately we are now unlikely to see a significant rise until vaccine and Govt advice tells all it is safe to use Public Transport then it will be like flicking a switch! No other industry could withstand being told its unsafe for several months yet go from 10% to 50%+ of its normal customers in a relatively short time.
NEX, SGC, GOG and FGP share prices are all down @ 70% yet are being heavily supported by Govts around the world. Remember the Bus package in the UK ensures Companies do not make a loss! we may see a £1 here but in 12-24 months it will likely have doubled and possibly even trebled.
we all are noggers and its clear that's feeling is spreading hence why so many are still selling at this low price. We all need to keep our nerve here, theres an upturn coming,
The public transport industry is now in recovery mode, believe me! GLA!
This is second week of full schools in Scotland and everything pretty much normal with no requirement for kids to social distance on school transport. Early days but only a odd few confirmed cases in schools and none relating to school transport!
Hopefully rest of UK will be watching and follow, the one positive about this virus is that kids seem almost immune.
Services are defo getting busier now with more commuters now Holiday season over. GLA
Just not getting this??
Three Broker ratings in as many days reaffirming BUY but the SP doesn't move?!
Can anyone help explain, is it really uncertainty around second wave that is still holding us back? Surely that has already been factored in prior to these ratings.
thought this might have helped bump us along a bit today? ok cut in price but Peel Hunt today reaffirms its buy rating, not dissimilar to Liberum rating last week!
https://www.youinvest.co.uk/articles/stockmarketwire/206031/broker-forecast-peel-hunt-issues-broker-note-national-express-group
Don't want to curse it but if we can finish today edging into the blue when all the markets are in the red that surely means its now only heading one way! Lets see at least a 150 finish to a bad week please!
Just cannot understand why so FEW waste their time and energy posting when their clearly not invested in or intending to invest?!
ok, good to have a balance but I believe that most genuine investors can do that anyway. GLA
Correct Chendo, but IMO it was mostly positive in results re non uk Operations with revenues protected, govt funding, higher passenger numbers, increases in contracts and values etc.
Its great to see so many still investing and generally upbeat about the future of our great Public Transport OpCos despite tumbling profits and SPs.
At this time we are still very much in the middle of the pandemic and Govt advice still only to use public transport for essential journeys yet most Companies are reporting @ or near 50% of pre covid passenger levels. This will increase to 70%+ when schools go back and holiday season ends.
The glass half full brigade will say that still leaves a 30% black hole in revenue and they are correct but bear in mind Govt have pledged to support Bus until no longer required. Ok no big profits at this time but more importantly Companies will rise out of this no better or worse than they are right now!
Im glass half full and confident there will be massive opportunities for well backed, well run Companies like NEX in the new normal future.
Comonvog, re people not giving up cars and preferring to travel alone or with family?
as in any recession cars will be sacrificed, when fuel demand goes up so will price, inflation everything that goes with it. the cheap option of public transport although not preferred will again be taken by the masses. true more will work from home now but that will result in even more cars being sacrificed and more public transport journeys for entertainment, shopping etc.
we are only going to see more cities with congestion charges, employee parking charges, higher road tax in the future so guess what....more public transport journeys. Everyone has their own view on public transport but one things for sure, its here to stay!
Nice piece of PR and clear message NEX are in a good position to come out of this pandemic!
Moonman, your spot on with your view on the UK Bus package but the big prob IMO is that GOG are into so many different Countries and Markets and that must be the main concern for investors and reason for big drops.
If you had a good look at FGPs results recently UK Bus was not the worry and similarly SGCs were pretty decent without the rail and US losses.
However that aside Im big into the public transport Companies right now and not concerned at all, adding when I can afford it and can only see a significantly positive upturn from current SPs. Good Luck.
Defo more Blue than Red now everyone turning to the outlook rather than bottom line! This should recover significantly today im sure.
@Jcreek, I reckon most have a fairly positive opinion on SGC its just a waiting game at the moment. It will bounce back to £1+ but that may be into next year or when govt advice on public transport changes.
I have highlighted the many pros of this stock in recent posts but unfortunately the big Covid negative is still with us and while there are concerns over second wave its not going to go near pre Covid heights.
However you have asked for thoughts and mine is still strong buy!
Good read, I found it very positive! more of this please and less of constant speculative negativity.