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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Nexus Infrastructure Plc | NEXS | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| -2.50 | -3.45% | 70.00 | 10:42:30 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 72.50 | 70.00 | 72.50 | 72.50 |
| Industry Sector |
|---|
| HOUSEHOLD GOODS & HOME CONSTRUCTION |
| Top Posts |
|---|
Posted at 25/3/2023 09:58 by pr100 Always tread carefully but don't lose sight of Tamdown's performance. Their order book going into the new year was up 12% at £95.5m and we were told three months ago that "Tamdown [is]continuing to see positive demand for services despite macroeconomic headwinds building and new build housing market softness". Tamdown's margins were significantly higher last year at 10% (and will reportedly continue to increase) while gross profit at £9.9m was 65% up on the prior year.Their business looks to me to be in excellent shape. But house builders are their customers so they obviously can't continue to shine if the sector suffers long term from reduced demand/inflation. Nor will the share price be immune to macro issues in the banking sector, Ukraine, epidemics, etc. But whatever the ups and downs of the sector, I like Tamdown's balance sheet and believe that it currently offers an unprecedented level of protection to investors so I won't be selling while that remains the case. I also think that upcoming legislation will give the sector the much-needed clarity and confidence it has lacked for a number of years. |
Posted at 22/3/2023 12:45 by eezymunny Nothing sinister? Just the need to hold back 10, then 12 million. As I said, it´s the sort of business that can run into big problems with no warning (to investors). I´ve no idea if that will happen here, but a company that makes c. 2m pbt but needs 12m extra working capital like this, is not one I want to hold. There´s a bull case and a bear case!Just look at recent events at FCRM if you want to see what can happen. |
Posted at 11/3/2023 10:42 by pr100 It's somewhat comforting that the new BOD of the restructured company will continue to have plenty of skin in the game with three of them in aggregate owning over 22% of the equity (at least for the duration of Mike Morris's 12-month lock-in). That's the same percentage as the BOD currently own.However, a house builder without the 'glamour' of the divested assets might find it harder to attract new investors, albeit taciturn NEXS never really succeeded in setting the market alight anyway. It was never ramped or pumped and never courted much publicity in the investing media. Investors discovered it if they were searching for an 'E' play. Doubtless some shareholders will try to sell their entire holding to Numis at 163p, especially with yesterday's news of the Silicon Valley bank collapse which could spread fear in that sector. But 163p is less than the £77m paid for the two divested assets so, in light of that valuation, it's too cheap. OTOH, the market looks to be gearing towards an share price lower than 163p when the bell rings on 18 March (assuming the Tender offer is fully subscribed) - in which case earlier sellers at 163p would be able to buy their shares back at a lower price. But logic dictates that a market cap of around £12.2m (@163p) would be far too low for a company with around £16m net cash, a £95m order book, no debt and promised dividends this year and next. So, if the share price is manipulated to open lower than that then the assumption would be that it would soon find its right level. The other big imponderable is what happens to any excess cash returned to Nexus in the event that the Tender Offer is under-subscribed. They have stated that they will find another way to distribute it to shareholders…b Presumably not since the BOD have all pledged to subscribe for their full Tender Offer entitlement - and under "Risks", the Tender Offer circular states that there is *no* guarantee that any surplus cash will be returned to shareholders (which is odd considering that the chairman earlier pledges to find another way to return it). But with the BOD and some other significant shareholders having committed to subscribe for their full entitlement, combined with recent market jitters, the likelihood is that the Tender Offer will be taken up in full, imho. |
Posted at 20/4/2022 12:29 by the deacon They've got May-June slated for half year results to March on their website. https://www.nexus-in |
Posted at 30/3/2022 08:48 by the deacon Here is the Investor Meet Company presentation that took place yesterday. Very compelling proposition here:https://youtu.b |
Posted at 10/12/2021 07:22 by jonwig FY results quite impressive:Interesting that they're looking at "strategic options" for esmart networks. Personally I'd like to see it floated off on AIM with existing NEXS investors getting esmart shares shares as consideration. |
Posted at 21/9/2021 07:26 by jonwig "Nexus (AIM:NEXS), a leading provider of essential infrastructure services, utilities connections and smart energy infrastructure, is today holding a virtual Capital Markets Event for sell-side analysts and investors."There follows a long puff on the prospects for the EV charging division, which reads very much as a profits upgrade. Are they just wanting to increase the business's profile or is something else in the wind? They could have encouraged wider participation via InvestorMeet or something like that. |
Posted at 29/12/2020 17:03 by pr100 They could certainly improve their investor relations given their topical business areas but they seem to be doing the main things right, ie winning business and delivering to clients, which is infinitely preferable to the MO of the typical AIM company which delivers lots of hype and little of substance.They must be well placed to grow exponentially now that the vaccines are getting delivered and the EU trade deal jitters are behind us. That may require them to raise more cash of course. They also need to review their housebuilding geography now that the govt has declared its intention to shift a lot of the additional new builds over the next 20 years into the north and midlands. Altogether an exciting and interesting company operating in guaranteed mid-long term growth sectors and a BoD which keeps its head down other than its financial filings. I hold a chunk at 150p average and will stay in for the long haul. If they improve their PR, I'll buy more. |
Posted at 27/12/2019 12:04 by yump Perhaps the electric vehicle charging market opportunity has caught some interest, although from a small base, 0.8mln to 2.5mln in a year isn't bad. Can't imagine traders buying at this level, so presumably longer term investors.I think future share price growth depends on whether NEXS comes to be viewed as a solid growth stock with a good dividend, which might then jump the rating. Surely a pause somewhere around 210p is likely - as its recovered that sudden drop from early this year. |
Posted at 03/5/2018 16:49 by yump Triconnex has been explained and they are not really 'issues' when the order book is increasing by significant amounts. I suggest tempering the worry with the knowledge that the shares move quite violently on buys or sells, so those just reflect a few investors not 'the market'. Probably worth asking yourself whether you would worry about Triconnex if the share price had stayed around 220-240p. Because the report would be exactly the same.I think its quite likely that some folk who had this down as a growth share for this year don't like waiting, now that it looks like it will be next year. Any sort of delay comment is being punished by large percentages in very large stocks, so not surprising in a more tightly held stock to see the price shifting suddenly. |
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