Nexus Management Share Discussion Threads

[bishopawn] 03/7/2012 07:38

nice website.

Must find out who there customers are and how INVALUABLE they are going to be for shareholder value, using Barney's word.

[sweepie2] 03/7/2012 07:09

But interesting new appointment made, who knows they might prove me wrong yet

[sweepie2] 02/7/2012 16:24

New all time low price seen 1,350,000 @ .10p, not looking good, new BODs as useless as the last imo

[bishopawn] 27/6/2012 08:47

It looks like a glitch, since the iii website is showing no rise....

[mrphiljones] 27/6/2012 08:41

God loves a trier......Or a ramper.....;-))

[bishopawn] 27/6/2012 08:36

or a delayed trade is not showing yet.

[mrphiljones] 27/6/2012 08:31

Oh pleaseeeeee OR a MM's alarm clock ain't been set.........;-)

[bishopawn] 27/6/2012 08:13

On Monitor, it is up 21% at the start, but the selling price is still the same, and buying price hasn't budged much either. So it is all a bit mysterious. Unless something has "leaked" to the Market about corporate activity such as an acquisition in the pipeline.

[purav] 19/6/2012 16:40

the speculative part.. i can actually agree with something TW says!

[gombie] 09/6/2012 21:44

We can only hope so.

[bishopawn] 09/6/2012 12:27

HALF YEARLY REPORT (6th June 2012)

Some highlights from the chairman's comments:

Commenting on the results, M Barney Battles, Executive Chairman of Nexus
Management plc said "We are pleased to have grown operating profits in the
first half of this year. During this period the Group has seen many changes
which have resulted in cost reductions at a group and subsidiary level.

We have completed our strategic review and look forward to building on the positive start to 2012.

Nexus continues to invest in targeted marketing to identify new potential
clients that are a good fit for our services. These companies are typically
small multi-nationals or small multi-office organisations where their staff
travel extensively and their IT needs are more complex.

The Board and Management will continue to focus on growing shareholder value by
a combination of organic and acquisitive growth. The Board is constantly
looking for new operations that are the right mix to integrate into the group.

---------------------------------------------------------

It looks to me that the basis is now there for TW's comment last Thursday that Nexus remains a "speculative BUY". Certainly the profiles of the three new directors, one of whom is an active investor in this sector, should produce some excitement in the share eventually.

[bishopawn] 08/6/2012 12:46

As Peter Weller stated in his review of activities for the full year, they have been sucessfully getting their customers to take additional services in the previous 12 months, and I would expect this to continue. If they could get some of their larger customers to do this, revenue could increase significantly. The second half of last year was stronger than the first half. Barney Battles stated that the Board will consider growth by acquisition as well as asset sales in 2012. So it seems highly likely that Resilience will be sold, perhaps bringing total cash at the bank up to the £1 million level, which could be used for an acquisition.

It seems to me that ahead of these developments we will flatline....but not for too long.

[sweepie2] 08/6/2012 12:08

Glad that it wasn't worse than expected and excep items were I guess non cash items, goodwill I expect therefore it was pleasing that the company is making a profit at the bottom line but as the revenue didn't increase the operating profit came from savings of old BODs salary. It does seem that there is no real direction and the company without new input will probably flatline over the next few years, of course if they lose their main customer this might bcome alittle sooner.

[jammytass] 06/6/2012 15:25

6 June 2012

Nexus Management Plc

("Nexus" or "the Company")

Unaudited half-yearly results for the six months ended 31 March 2012

Nexus Management Plc, the AIM quoted provider of specialist IT Managed
Services, is pleased to announce its half-yearly results for the six months
ended 31 March 2012.

Highlights:

* Gross profit in line with 2011 at £1.6 million (2011: £1.6 million)

* Operating profit of £187,000 (2011: £137,000)

* Cash at bank at the period end was in excess of £400,000

Commenting on the results, M Barney Battles, Executive Chairman of Nexus
Management plc said "We are pleased to have grown operating profits in the
first half of this year. During this period the Group has seen many changes
which have resulted in cost reductions at a group and subsidiary level. We have
completed our strategic review and look forward to building on the positive
start to 2012"

[jammytass] 06/6/2012 15:21

well > all to play for

[bishopawn] 29/5/2012 11:32

or he may increase the holding.....although there is a 20% max (so another 0.8% margin available if he wants it) he could seek permission to exceed the usual limit of 20%. No doubt he will be talking to our directors to get some idea of how things are going and future prospects. I hear Peter Webb has made a great deal of money making the right kinds of decisions when it comes to timing it right for stock picking in this area. Exciting times potentially. But everyone is entitled to their own opinion in the meanwhile.

In a word, I see this development and news today as very positive, perhaps the start of a series.

[argy2] 29/5/2012 10:45

Let's hope he has the blind faith in nxs management that TW did. If not he may look to unload whenever the situation presents itself as he has started doing at bes by the looks of it.Worrying times when new brooms come on board.

[bishopawn] 29/5/2012 10:01

PETER WEBB

getting Peter around Nexus Management looks like a good move:-

Peter has worked in the City for almost 30 years and during that time has established a strong reputation amongst business people and investors for his knowledge, innovative approach and track record of investing in UK smaller companies.

Prior to forming Webb Capital, Peter was the founder and Chief Executive of Unicorn Asset Management Ltd, which he established and managed from March 2000 to July 2008.

He is the recipient of multiple awards for UK smaller companies fund management, and has also created and managed many new investment funds and companies. These include: the Unicorn Free Spirit Fund, Eaglet Investment Trust PLC, Falcon Investment Trust PLC, Unicorn AIM VCT PLC, Acorn Income Fund and Osprey Smaller Companies Income Fund.

Peter began his fund management career at Thornton Investment Management Ltd in January 1988 and subsequently established his first fund management company, CW Asset Management in 1993. He sold CW to Rutherford Asset Management Ltd in 1995 where he became Investment Director until it was acquired by Close Brothers in 1996.

Following a management buy-out in association with Granville Holdings Ltd, a private bank, Webb assumed responsibility for building its institutional fund management business and served as a main board director of Granville until its takeover by Robert W. Baird Ltd in 2000, at which time he left to create Unicorn.

[sweepie2] 24/5/2012 12:49

Unlikely looking at last accounts but major customer was having a contract review in early 2012, as we haven't been told that NXS retained the contract I would have felt that the contract hasn't been renewed. We will be informed at the end of current contract and this will make a real difference to the balance sheet. On the other hand Resilience will be sold for multi millions according to the supporters of NXS and everything will be rosy.
Watch out for the low flying pigs

[melton john] 24/5/2012 12:48

It's worth going back to the beginning of the thread to see the truth of BP's predictions. They managed to talk it up but it was hot air holding it up all the time.


bishopawn
4 Jun'05 - 23:58 - 34 of 8062

JUNE MY FAVOURITE MONTH.

pljohnson
5 Jun'05 - 00:01 - 35 of 8062

Why bp?

bishopawn
5 Jun'05 - 23:08 - 36 of 8062

Well for starters we have the results to be announced for the year ending 31 March. It would not surprise me to see them out shortly. Perhaps this week.
Sooner or later the market is going to wake up to this nice little company and its growing client base. Before then, increase your holding and lock away for a year or two. IMO. DYOR

[microscope] 24/5/2012 12:40

is this about to go bust? Let's face facts sweepie has imho pretty much called this right all the way down and bish has pretty much called it wrong all the way down

[sweepie2] 24/5/2012 12:31

These bottom fishers trying their best, at this rate it could go blue from 14% down!!!!!!!!!!!!!

[sweepie2] 24/5/2012 12:00

But bottom fishers moving in, more money than sense