Network Share Discussion Threads

[tradertrev] 27/9/2022 15:20

Well as you know they have a strategic relationship with MC who also have a stake in them, so any PE deal would need to have MC on board. Eminently plausible and II's get screwed. Probably needs to be at least 450p for management to vaguely keep a straight face.

[jsg123] 27/9/2022 15:09

Tradertrev
There was an article in the Times the Friday they made their last buyback suggesting that a PE was looking at them, aswell as Mastercard, which is why I'm questioning whether that is the reason they have stopped the buyback, because they've been approached.

[tradertrev] 27/9/2022 15:06

On the other (technical) hand, there's a nice golden cross just happening and we're testing the 300p resistance level again. Who knows?

[tradertrev] 27/9/2022 15:02

The stock market has generally given this company the two-fingered treatment so you couldn't blame them. Pity really as it looks like a great growth story for the next 5 years.

[tradertrev] 27/9/2022 15:01

Jsg - ref 243 above - at the moment we seem to be selling every decent business to PE (who will then extract all equity from the balance sheet and render the business incapable of withstanding economic turbulence) so why not NETW?

[jsg123] 26/9/2022 21:29

Yeah but they've only bought back 2.8 million shares so far, out of the first 50 million usd to buyback by February.
And I think the share price was above 180 when it was announced.

[tradertrev] 26/9/2022 09:11

Something to do with the share price jumping from 180p to 300p as a suggestion? Might as well keep some dry powder.

[jsg123] 25/9/2022 10:52

Anyone got any ideas why they suddenly stopped the share buyback 2 weeks ago, which was around the same time as the Times wrote there were some TO whispers going on in the city with Mastercard and a PE ?

[jsg123] 12/9/2022 16:30

It makes being invested in such a manipulated stock too stressful, and not really worth the agro.
It's been like this since April last year.
They've really done a number on this this afternoon

[timmy11] 12/9/2022 15:59

they are really low lifes, but that is how they steal

[jsg123] 12/9/2022 15:30

Look at those low life shorters with their 170 algo sells

[babbler] 11/9/2022 09:02

top riser this week overall from ftse shares. Nothing to be sniffed at. You needed patience...

[jsg123] 22/8/2022 12:16

So much for a share buyback unlocking shareholder value.
Down 5% today on low volume, hundreds of small sells
IR just don't get what's going on here.
It's demoralising but so predictable.

[jsg123] 16/8/2022 15:31

F-----g infuriating how these shirts have taken it down from 2.46 to 2.36 in 30 minutes with numerous small sells

[jsg123] 15/8/2022 16:00

They need to do the buyback in a smart way to counteract the Daily deluge of small sells by shorters

[scepticalinvestor] 11/8/2022 08:05

150 today?

[se81] 11/8/2022 07:20

Share buyback announcement- $100m by Feb 23 looks fairly significant in terms of daily volumes

[jsg123] 22/7/2022 17:29

Every update for the last year has shown improvement and has been positive, yet the share price continues to fall. We may get a 5% day on the 11th, but it just seems that this is a bit of a hopeless cause. Very little PI investors allowing shorts and algo trades to continuously drive the price down.
Doesn't even get a bounce on positive ftse 250 or Nasdaq days, doesn't follow any other payment sector companies for example wise has had a good week, good results, broker upgrades etc etc.
My feeling is this is a waste of time being listed in London.

[tradertrev] 18/7/2022 08:48

Personally, I'm looking forward to interim results on 11 August:
First full period including DPO.
Continuing business recovery in Middle East (where oil prices should be helpful, rather than hindering as elsewhere).
Balance sheet gearing should be starting to unwind post the DPO acquisition, with healthy cash generation.
The shares will hopefully have their day again soon.

[jsg123] 15/7/2022 13:47

My whole portfolio is up, ftse 250 up, nasdaq futures up, wise group up, more buys than sells although very low volume, why is this red, it just doesn't add up, can't even bounce on a bounce day

[johnrxx99] 20/6/2022 09:12

Oh, you live there then?

[tradertrev] 20/6/2022 08:26

Oh dear - think johnrxx99 needs to change his name to johnnyforeigner. What utter nonsense.

[johnrxx99] 20/6/2022 07:50

To me it's because of where it is. You need a big discount for anything operating in the corruption centre of the world. Remember NMC? UK is a choice pick for listing as monitoring is so "good old boy" stuff.

Perhaps someone is looking closely.