Mobico Share Discussion Threads

[volsung] 02/4/2009 09:09

Yes excelsior - that would be a good entry

[excelsior] 02/4/2009 09:05

Thank you volsung!

I've taken a position this morning (long). When will you go long? 210 maybe

[volsung] 02/4/2009 08:54

Well closed short. Quite remarkable rise. Good luck holders

[volsung] 01/4/2009 17:08

jas - nex has very serious debt problems. The chart shows falls followed by quite large rises followed by further falls. These are exactly the times to be adding to shorts. As I say though the trend may be changing. We'll know in the next couple of days. If it does change I certainly will be exiting and probably going long in a big way.

[jas_ron] 01/4/2009 16:58

volsung, surely better shorts around than this. NEX does have debt problems but they have excellent cash flow, shares down 80% from last year- a decent recovery stock and today's rise shows it can move up very quickly. will be 200p very soon...

[volsung] 01/4/2009 16:45

Average of 1.70 now. Of course if it goes up to 200p I will have to reconsider :)

[volsung] 01/4/2009 16:44

Perhaps but perhaps not

[masurenguy] 01/4/2009 16:42

LOL - you must be mad !

[volsung] 01/4/2009 16:14

Doubled my short. This is just a bounce on the way down

[robson1974] 01/4/2009 16:05

dawntrader do not question the best contra-indicatopr in the market we need him he is pure gold the idiot

[richaims] 01/4/2009 15:51

I agree - very impressive increase.

[jas_ron] 01/4/2009 15:31

188p amazing rise today...at last 200p within reach

[dawntrader] 01/4/2009 14:22

ELSWORTH

Can you explain

.... and for that reason i have initiated coverage of NEX with a SELL note to clients and a Level 4 target of well below £1


What clients ?
What is level 4 ?

Are you saying that you have clients that pay you for your investment advice ?
And yet you still post on a free BB ?

[richaims] 01/4/2009 14:18

Time will tell - the next few trading days should give a reliable indication.

[empirestate] 01/4/2009 14:09

way overdue bounce, should be sustainable over the next week or so to get over the 2 quid level

[jas_ron] 01/4/2009 13:13

nice rise 173p now, bottom was 150p - good news about the investment in rail infra structure -200p in coming days. still very undervalued, once debt issues sorted out, these will double in quick time.

[richaims] 01/4/2009 12:23

Date: Wednesday 01 Apr 2009

LONDON (ShareCast) -

"....Bus and rail companies are going well the day after a £35bn investment in the UK rail infrastructure was unveiled. National Express, Arriva and Stagecoach are going well....."

Personally, I'm of the opinion that this might only result in a short lived bounce.

However, it at least possibly provides a good opportunity to get out for those who have temporarily lost confidence and who take the view that it might be possible to buy back at a much lower level in due course.

[decoy] 01/4/2009 11:41

The whole sector is up today - FGP,ARI,GOG - and NEX is outperforming the lot - good to see for a change.

[jas_ron] 01/4/2009 10:32

all the doomsters need to eat humble pie, seems to want to recover now - will it last, decent rise in a falling general mkt today. Very cheap t current price, 160p still- easy rise to 200p in coming days....

[themoreiseeyou] 31/3/2009 21:16

Have to say I agree. This Elsworth person crops up on lots of boards. There are definitely some undiagnosed mental health issues at play or perhaps he is a bored anarchist with more of daddy's money than sense.

[elssworth] 31/3/2009 16:29

Is there a strong possibility of these bottoming somewhere around 43p/71p?
I know theres about a 30p discrepancy with the target, but Level 4 seems to be showing a weak sector with a vulnerable company thats visibly out of favour.

Hope this helps

[richaims] 31/3/2009 15:58

Barclays is far too volatile and therefore risky for my liking.

At least NEX is falling consistently so doubtless it might go back up consistently when it eventually bottoms.

I'm finding it very difficult to find any consistent risers at the moment.

[keifer derrin] 31/3/2009 15:20

richaims - that is what I am intending to do. Although I'm not a big believer in charts, this is a bit of a no brainer. Once it appears to level out then I will start buying.

I was thinking about a week ago that this couldn't get any lower - how wrong I was, bit like I was with Barclays - hindsight a wonderful thing.....:-)