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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
|
|
|---|---|---|---|---|
| 1.00 | 0.83% | 121.00 | 08:00:07 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 121.00 | 121.00 | 122.50 | 120.00 |
| Industry Sector |
|---|
| HOUSEHOLD GOODS & HOME CONSTRUCTION |
| Top Posts |
|---|
Posted at 23/1/2025 09:14 by chris szabo Just posted their 2024 Prelim results. Encouraging that they had a positive free cash flow & positive Ebitda before one-offs. Cash at 12,8m is not too bad given the market cap of 10,9m. But they still had an operating loss in HY 2 which is not great. Lets see what they'll say in the Investor Call on Monday. |
Posted at 07/10/2024 10:29 by pr100 Yes, the transfer of the outgoing CEO's shares to Gyllenhammer looks like a prior arrangement and PG now has enough votes to block anything he wants to. I hope he takes a seat on the board where his duty of care will be to all shareholders and not just himself. He will still need more votes from somewhere to be sure of buying the company if that is what he wants to do; but he's a value investor and the question will be how long he wants minority shareholders to stay in the picture – not that there are many shares in the public float, thanks to past management making no effort to promote it.But with so many shares tightly held, the share price could move very rapidly at any time if new investors try to buy. The next set of results should give more clues. |
Posted at 01/9/2024 18:07 by markatkinson In the latest episode of the Desert Island Investor we are kindly joined by good friend and investing legend David Barry who talks us through his varied and colourful story.David is a Significant Shareholder ( above 3% ) in several UK listed businesses including Nexus Infrastructure. Watch on You Tube |
Posted at 11/6/2024 09:05 by pr100 I asked two questions at last month's Investor Presentation. One got answered. The unanswered one was: Do you think that Nexus is a takeover target? |
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 11:29 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 07:48 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. |
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