Share Name Share Symbol Market Type Share ISIN Share Description
National Express Group Plc LSE:NEX London Ordinary Share GB0006215205 ORD 5P
  Price Change % Change Share Price Shares Traded Last Trade
  1.80 0.44% 407.60 343,248 16:29:39
Bid Price Offer Price High Price Low Price Open Price
407.40 407.80 410.00 400.20 400.20
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Travel & Leisure 2,450.70 177.70 26.60 15.3 -
Last Trade Time Trade Type Trade Size Trade Price Currency
17:29:58 O 1,641 407.60 GBX

National Express (NEX) Latest News

More National Express News
National Express Takeover Rumours

National Express (NEX) Share Charts

1 Year National Express Chart

1 Year National Express Chart

1 Month National Express Chart

1 Month National Express Chart

Intraday National Express Chart

Intraday National Express Chart

National Express (NEX) Discussions and Chat

National Express Forums and Chat

Date Time Title Posts
12/7/201912:43National Express891
31/10/201208:48RED BUS ROVER3
28/11/201109:45Wilderhill New Energy Global Innovation Index NEX-
11/2/200918:47FINAL RESULTS26

Add a New Thread

National Express (NEX) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
View all National Express trades in real-time

National Express (NEX) Top Chat Posts

National Express Daily Update: National Express Group Plc is listed in the Travel & Leisure sector of the London Stock Exchange with ticker NEX. The last closing price for National Express was 405.80p.
National Express Group Plc has a 4 week average price of 385.60p and a 12 week average price of 384.60p.
The 1 year high share price is 438p while the 1 year low share price is currently 356p.
There are currently 511,738,648 shares in issue and the average daily traded volume is 542,115 shares. The market capitalisation of National Express Group Plc is £2,085,846,729.25.
lukmanpatel: Another troll by the username lsehotdealz haha, share price is stagnant and there’s talks of fundraise at 10p on that board lol desperation has lead to going round posting on different board to prevent share price from dropping, usually ud stay quiet and average down and accumulate if you see huge potential lmaoo he’s spamming all the boards
livewireplus: Thanks for reply. Indeed NEX share price does seem to be progressing in a fairly smooth upward manner. I think in Brum then it may just be case of local management that take care of the day to day running of services. As i mentioned previously then NEX seem goog at adding new routes / ammending existing routes as requirements change over time. They have some nice new buses as well. So the routes and new equipment are more strategic decissions so without going in to the company structure are probably made by different management than day to day operations. For various reasons haven't owned a car for last few years - just hire one for specific purposes once in a blue moon. So for longer distance journies rely on train although once recently got a long distance Nat Exp coach
livewireplus: M4 .... you are quite welcome to ask... I don't hold or never had shares in NEX. I usually monitor the morning RNS's and select two or three to look at more closely - it was the NEX Morocco one that caught my eye and brought me to look further including on this thread....
stardog2: Joined you in this today. Looking for a move back to 3.80 with Finals and a nice safe divi if I have to wait a while. Great momentum in this business the last couple of years with little share price appreciation. I also like the geographic spread of earnings.
scorpione: It's good that they sold out completely now. I reckon one of the reasons why the share price has been subdued is because the market was aware of this large shareholder wanting out. Now that their shares have changed hands successfully it should bode well for the share price. NEX has been left behind through the general upturn in equity values over the last 6 months; at this level they are cheap and the value should in my opinion improve significatly from here.
bluebird123: EPS comparisons with previous years would need to take in to account the rights issue. The shares at these levels look attractive on income grounds with the lowest eps forecast for next year at around 22 with a dividend of 10 to 10.5 p Could become a takeover target again if this kind of share price performance persists
winston270: I don't think the share price will be going anywhere fast until the Spanish government ask for a bailout or signs of an improvement in the Spanish economy. Citigroup/Barclays/Panmore Gordon & Santo Investment Bank today have all cut their price targets to between 195p-221p max 20% upside. The share price is unlikely to recover to the 240p+ mark until NEX either win a substantial new UK rail franchise or make a sizeable acquisition that will replace the profit lost from the East Anglia franchise
winston270: Last time the share price bottomed at 175-180p on concerns over ALSA's performance / the state of the Spanish economy, it has done the same again today i.e. double bottom. The 175-180p range is currently providing support; today's price action seems a complete over reaction to what I assume was stated under the paragraph about Spain seeing a slowdown in Intercity Business etc. ALSA accounts for around a third of group operating profits, with another third coming from US school buses and the remaining third from the UK bus/coach & rail businesses. Any slowdown in Spain certainly doesn't warrant a 12-13% fall in a day, it's nothing new. I think the last time NEX dropped so much in a day was back in 2009 when it was strangled under £1 Billion+ / handed back the keys to the ECML franchise etc. If NX ever reaches a £1 I'll be filling my boots......
winston270: I'm not sure so sure the drop is based purely on the Spanish woes, NEX along with other transport groups inc First Group, Go-Ahead & Stagecoach have been in a downward trend since First Group released its poor trading statement towards the end of March, that appears to have damaged sentiment across the board. At this level, I reckon NEX is worth a punt. What is also interesting, Elliot Advisors have been increasing their stake in NEX to 21%, it was this time last year that they got a candidate elected on to the NEX board on the proviso that they would leave Dean Finch & co alone for next 12 months to improve the performance, which they have certainly done, however the share price hasn't really moved / held on to its gains. I will watch with interest in case Elliot is plotting once again.......
hamsterape: From FTAlphaville:- NH asking about National Express BE Yup. BE Sliding again after Cosmen bought stock for the third time in as many days National Express (NEX:LSE): Last: 358.60, down 3.5 (-0.97%), High: 362.90, Low: 354.40, Volume: 150.29k BE Today we got the news that he'd bought 400k at 358.85p to take his stake to 19.7% NH So this vote's going to be close then? BE That's certainly how it's looking BE EGM's Friday, of course. BE He only needs a simple majority NH And today's the record date for entitlements, isn't it? BE Yeah. BE With tomorrow the deadline for proxy votes, so we're likely to see some hedge funds converting to the underlying over the next couple of days BE Now, National Express have been adamant that no other shareholder is opposed to to the rights issue NH But the CFD holders are a different matter entirely, of course BE Indeed. BE And there's said to be about 18% out on loan to the hedge funds at the moment BE Here's a line from a merger arb house, which agrees it's likely to be a very close call BE Effectively the Cosmen family has votes matching M&G, Newton and Schroders (active managers) An additional 10% support to the Cosmen family by hedge funds would match passive funds (Barclays and L&G) who may vote with management For this reason we see the outcome of the EGM hard to predict and attach an equal probability to the two scenarios We believe that NEX shares would spike at or above 380p per share if the rights issue is aborted or delayed and a plan B has been worked through by the Cosmen family We target 380p per share at NEX as a standalone entity if uncertainty regarding the UK and US operations is removed We target 470p per share in the event of a full merger with Stagecoach at the proposed terms (40% and 60% of the combined entity to NEX and Stagecoach shareholders) The worst case scenario (to which we attach conservatively a 10% probability) is the rights issue not going through and lenders to NEX playing hardball and not renegotiating NEX's debt This scenario would cause uncertainty regarding NEX's viability as a going concern and therefore trigger a drop in NEX's share price In this respect we would flag that the Cosmen family is a long term owner of NEX shares and could afford a temporary fall in NEX share price if it has a view on how to restructure NEX's debt regardless of potential opposition from NEX's lenders While short term investors may not afford to carry losses for a 2 to 3 months (i.e. until a debt package is renegotiated) However we would be highly surprised if the Cosmen family and the investors believed to back them have not taken appropriate steps to lower this risk (having held talks with lenders and potential buyers of assets or the whole of NEX) Although there remains the possibility that he's just trying to avoid getting diluted below 8%, which would cost him his place on the board. On reflection I can't really understand the last comment - what's the urgency to buy just to maintain a holding of 8%? - all that Cosmen have to do is take up enough of the rights after the issue (funded by selling some of the remainder), if the issue were to go ahead despite the stated objection.
National Express share price data is direct from the London Stock Exchange
Your Recent History
National E..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20190717 17:13:52