Nexteq Share Discussion Threads

[dunns_river_falls] 08/2/2024 08:54

Crucible Clarity Fund increase from 3.35 > 4.12%.

Trading ahead statement. $28m in cash, no debt, PE < 10.

Breaking out

Looking good for a decent rise with such a low number of shares in issue.
Lets see!

[chris bigpunt] 18/1/2024 15:52

ok , come back in March/April 2025, when the full years are released for 2024, and we have a firm fix on the group and divisional order book. I predict the $120M peak revenue, 2022, will be reduced to the extent of a 2024 total order book, of $80M or lower, feeding into 2025 similar level revenue, You can poke fun my way in March 2025 , see you then

[nchanning] 18/1/2024 07:25

Lol . Like many other manufacturing companies they saw a big expansion in their order book during the supply chain crisis as customers looked to secure supply by ordering well in advance . As they clearly mentioned in their trading statement, a return to a 5 month order book is in line with historic norms .

[chris bigpunt] 17/1/2024 20:04

So no mention of the rumoured 30% order book drop, year on year today?! We all know with industry design cycles, this will take 12 months to feed through to revenue decline. Is it even legal to fail to mention in an announcement, the order book ? They are playing a very dangerous game potentially, just my opinion, run for the hills !

[nchanning] 17/1/2024 08:40

Mr Jayal if the share price doesn't react to this news , it's an incredible opportunity for the company to start buying back its own shares . It's not an admission of defeat or a sign of lack of ambition . When your shares trade this cheaply and you have a big cash pile it's just the best way to create shareholder value . There is no chance of finding a decent sized acquisition at a better valuation (adjusted for cash )than Nexteq's own shares

[nchanning] 17/1/2024 07:17

Well done to lion hearts who kept holding , the valuation looks ridiculous at these levels . A double from here would make sense but the market is so weak it will take time

[nchanning] 09/1/2024 09:23

Feels like the old days , when a small cap manager would just keep buying and prices would just float higher

[aishah] 08/1/2024 16:13

Nice to see a sharp rebound from the 90s here.

[aishah] 20/12/2023 09:52

Popped up on a Stockopedia small cap screen. Taken an initial position. 12m rolling fcst p/e 7.2 and peg 0.8 with a decent cash balance.
Mkt cap £62m ,EV £49m

[rossco] 17/12/2023 22:13

Just read the meeting resources pdf on the IMC website for the interim results. I was surprised to read that the increase in adjusted profit before tax from 3.5m to 5.9m was basically due to currency gains of 2.2m compared with the previous year.

[nchanning] 09/12/2023 12:59

Finally big volume today hopefully cleared out the seller . Just a tiny chance there was a 3% holder liquidating for non economic reasons and we are trading inline

[nchanning] 04/12/2023 10:04

Even on a profit warning 20% below expectations with all future years reset 20% lower this looks far too cheap with the cash pile . The year is almost over and the company should let the market know immediately if it was going to miss by that much . We haven't really had any new information since the fall from 190p , just an inline trading update , and some small director buys . Very curious

[scepticalinvestor] 02/12/2023 12:26

Curious tiddler this. One to keep an eye on

[gdjs100] 28/11/2023 15:36

They've been dribbling down on no volume forever, with the market makers walking down the price until they find buyers (and there don't seem to be any!)Wait too long though and if there is an ok statement, you won't be able to buy any stock.There's the dilemma!

[big7ime] 17/11/2023 17:12

Odd time to start knocking it, so must be time it rebound then 😉
Couldn’t see much to worry about in the interims, just that clients had previously been stockpiling due to the shortage of components and now returning to normal trend so a slight pause in growth. So I tend to agree with NC
A well run company with no debt.

[earlyofcrawley] 26/10/2023 09:42

hxxps://www.marketscreener.com/quote/stock/NEXTEQ-PLC-13255918/news/Nexteq-interim-profit-jumps-80-as-Quixant-revenue-up-Densitron-flat-44780638/

''Densitron flat'' despite an inflationary period in material costs, which has resulted in strong growth for all of Densitron's competitors. Naturally , a 30% inflation in sell pricing would not deliver a flat revenue prediction. Is this not common sense/knowledge?

Shown by someone who saw the allegations, which are public, if you know which website to check.

Not my first time posting , but i did change the nickname, and i have held shares for many years. I meant that i will not be investing further at this stage.

[exv] 25/10/2023 18:46

Shown by whom? What other rumours? Where are these 'poor projections' coming from? Are they publicly available?

What's your relationship with the company? It's a little unusual that your first and only post is to highlight something you apparently DON'T want to invest in.

[nchanning] 21/9/2023 06:21

Bit of progress with the next director buying 10k , still waiting for a thumping conviction buy

[nchanning] 20/9/2023 09:33

Worth noting the fall in GBP/USD a good tailwind for NXQ as a lot of costs in GBP and revenues in USD

[nchanning] 13/9/2023 11:38

Fire a 2nd barrel please Mr Jayal , 5000 shares not exactly a conviction buy

[tomps2] 07/9/2023 08:37

Nexteq (NXQ) H1 2023 Results presentation - September 23

Nexteq CEO, Jon Jayal and CFO, Johan Olivier present interim results for the six months ended 30 June 2023, followed by Q&A.

Watch the video here:

Or listen to the podcast here:

[nchanning] 06/9/2023 14:41

Liquidity is just awful in AIM right now , hardly any shares have traded since it was 190p and has simply come out with a in line trading statement and yet it's fallen by nearly 40% . But that will work in reverse too once money flows back into UK small caps there's going to be a big scramble for the few shares available to buy