Nexus Infrastructure Share Discussion Threads

[jonwig] 08/6/2021 08:43

I've updated the header holdings. Funnily enough, Otus held 3.8% in December (it's in the AR) so the RNS showing previous holding as "N/A" is incorrect. The only other change is a small disposal by Ruffer.

[the deacon] 07/6/2021 16:33

A few institutions have either added or initiated positions recently. I think NEXS offers a very interesting way to play the EV/energy transition thematic. Clearly the eSmart business arm is in the midst of a rapid growth period

[goodgrief] 07/6/2021 16:26

Otus Capital Management have picked up 5%. That news has given Nexus Infrastructure a nice boost!

[5oletrader] 24/5/2021 08:28

24/05/2021 - The Office of Gas and Electricity Markets, also known as Ofgem, has invested £300m into expanding the UK’s electric vehicle (EV) charging network today, to push the pedal on the country’s low carbon future. In the bid for net zero, the non-ministerial government department has put money behind the electric vehicle sector, to instal 1,800 new charge points across motorway service areas and key trunk road spots. The investment will triple the current network, Ofgem said. Meanwhile, a further 1,750 charge points will be backed in towns and cities. “This £300m down payment is just the start of building back a greener energy network which will see well over £40bn of investment in Britain’s energy networks in the next seven years,” Ofgem chief executive Jonathan Brearley said. “In the year that Glasgow hosts the COP26 climate summit, the energy networks are rising to the challenge and working with us and partners to accelerate projects that can start now, benefiting consumers, boosting the economy and creating jobs.” The UK’s electric infrastructure needs a considerable upgrade to support the heightened demand for EV transport. Delivered over the next two years, the investment forms part of an estimated £40bn investment plan to bolster the UK’s EV infrastructure while maintaining secure supplies of electricity. “With more than 500,000 electric cars now on UK roads, this will help to increase this number even further as drivers continue to make the switch to cleaner, greener vehicles,” transport minister Rachel Maclean said. While electric car ownership is on the rise, Ofgem research has found that 36 per cent of households that do not intend to get an electric vehicle are put off making the switch over a lack of charging points near their home. ‘Range anxiety’ has curbed the uptake on EVs in the UK, with many families worried they would run out of charge before reaching their destination. Ofgem has attempted to combat this by pinning a network of motorway charging points, as well as in cities like Glasgow, Kirkwall, Warrington, Llandudno, York and Truro. The investment also covers more rural areas with charging points for commuters at train stations in North and Mid Wales and the electrification of the Windermere ferry. “The payment will support the rapid take up of electric vehicles which will be vital if Britain is to hit its climate change targets. Drivers need to be confident that they can charge their car quickly when they need to,” Brearley added.

[jonwig] 21/5/2021 11:55

Octopus Energy has a tariff where you can be paid to charge up at some times of the night.

[boadicea] 21/5/2021 11:36

jonwig - Yes, my 'such as eating' was thinking in terms of mid-journey charging, but of course any time the car is not in use (home, work, etc) goes without saying and home charging will be the most basic.

[the deacon] 21/5/2021 10:47

eSmart have been installing battery storage in addition to the charging capabilities - see here..https://www.linkedin.com/posts/esmart-networks_more-350kw-charging-this-week-this-time-activity-6765299497070280704-2-u2

[jonwig] 21/5/2021 10:09

boadicea - good points. But isn't home charging going to be significant? New builds will have to have chargepoints where possible, and Triconnex and sSmart are ideally suited. There's also workplace charging whenever an office car park is present.

[boadicea] 21/5/2021 10:00

Roadside recharging is not quite the three minute exercise to which we are accustomed with liquid fuels. This will motivate other changes in the nature of refuelling/charging stations. Two particular factors that enter into the equation are - (1) time - recharging will be most conveniently done when we are engaged with other considerations such as eating and (2)cost - recharging can be done most economically (profitably) where there is a cheap source of electric power. The influence of the first factor is already apparent with the installation of charging facilities in hotel and pub car parks from where I imagine most of NEXS work comes. The other consideration might place charge points close to large scale solar sites. Solar generation is a low voltage dc process requiring inversion to grid voltage for transmission. Charging is a low voltage dc process requiring transformation and rectification to dc for charging. The processes are not technically arduous but every step intrdouces some losses which add up. It seeme logical to me to put charging stations adjacent to solar power field where both up- and down- voltage inversion, transformation, rectification can be eliminated and replaced with minimal series/parallel arrangement which leaves *only* the question of power storage to be solved. That is a big 'only' but given that the solar fields occupy a lot of surface area, the space below that surface can be allocated to other use, eg. for a large scale vanadium reflow battery (VRFB) which is another essentially low voltage dc process. Solar generation, vehicle charging and large scale power storage are currently seen as three rather separate developmental fields but they clearly fit well together. Proposals for a pilot scheme would probably be looked on favourably and funding offered.

[goodgrief] 20/5/2021 14:13

Looking forward to my 30 quid divi... lol

[5oletrader] 20/5/2021 12:32

'Holding' - Not 'Folding' - Base Case: eSmart Networks has been successful during the period in securing contracts in both the electric vehicle infrastructure and industrial and commercial sectors.  The order book of £12.2m at 31 March 2021 is a 455.0% increase year-on-year (H1 2020: £2.2m) and an increase of £8.4m during the six-month period. eSmart Networks is well placed to support the energy transition agenda in the UK and expects continued momentum and order book growth. The UK's need for electric vehicle charging infrastructure is significant, with consumer demand for charging points to fulfil the needs of the increasing number of electric vehicles, along with support from the UK Government.  This, along with the high demand within the industrial and commercial sector for independent connections providers and renewable connections, is expected to result in the creation of valuable growth markets that eSmart Networks is well-placed to address. GLA

[the deacon] 11/5/2021 08:53

Good post on LSE this morningBase case planning Today 08:23They referred to the business performing in-line with their base case expectations in the most recent update. Well, looking at the various scenarios laid out at the time of the placing last year, the base case recovery scenario sees the dividend reinstated in next week's results. Here's the text:1. Base case: (i) Group activity gradually improves from current depressed levels to c.80% of pre COVID-19 level from September 2020 onwards; (ii) Job Retention Scheme utilised until end of June; iii) Group loss making in H2 2020 (driven by Tamdown and eSmart Networks) but return to profitability in FY21 as the first year of recovery; iv) Head office completed in Q1 2021; and v) dividends to resume with the FY21 interim payment in July 2021 (the "Base Case").

[the deacon] 22/4/2021 09:33

Good trading update yesterday. Pleasing to see the rapid growth that eSmart is enjoying

[goodgrief] 21/4/2021 07:25

Impressive growth at eSmart Networks division with revenue increasing 150% YOY and the order book up 450% over H1 2020. Forthcoming IPO of Pod Point should attract some interest to this part of Nexus Infrastructure's business.

[energeticbacker] 17/2/2021 09:43

Nexus delivered a mixed update on trading in its AGM statement. Investor's Champion comments that the £279m order book offers a large degree of reassurance.

[the deacon] 21/1/2021 13:23

NEXS got a mention on the VSA Tech and Transitional Energy podcast today. They're apparently taking to NEXS next week to find out more about the business

[the deacon] 21/1/2021 12:08

Indeed. By the middle of this decade, eSmart could be a good sized standalone business

[yump] 21/1/2021 11:53

Give it a while - its only a small part of their business...

[the deacon] 21/1/2021 11:44

Therein lies the opportunity right now...

[yump] 21/1/2021 10:26

Yes, they don't exactly make it sound riveting.

[solardave] 21/1/2021 09:59

eSmart Networks is in a massive growth area and is on the list of UK government qualified suppliers of EV charging infrastructure. I really cant understand why this is not promoted more by the company. All the other net zero infrastructure companies worldwide are worth many orders of magnitude more than Nexus. "eSmart Networks, our smart energy business, provides electric vehicle charging and smart energy infrastructure. The business was created in late 2017 to respond to the UK’s need for charging infrastructure, alongside the need for smart energy solutions. It is also developing the delivery of renewable energy connections and on-site extra high voltage electrical infrastructure." [hxxps://www.nexus-infrastructure.com/capabilities/smart-energy/]

[yump] 29/12/2020 17:41

Not sure the admission price is relevant - higher prices are often quoted by punters who work on the theory that if something has dropped from a peak, it has potential to get back there, but that ignores the reason it dropped. Still got quite a few of these but it looks like Tamdown has more than just covid impact to sort out, which imo will be a drag on earnings.

[pr100] 29/12/2020 17:03

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.

[energeticbacker] 14/12/2020 09:46

Full year results from Nexus for the year ending 30 September 2020 were broadly in line with revised expectations. Investor's Champion comments that at the current price of 140p the shares sit 24% below the 2017 AIM admission price of 185p. Unfortunately, it has been tough going since listing, but the management team has grown Triconnex from a start-up in 2011 to become a really nice business delivering attractive margins, and they could achieve the same with eSmart networks as its market grows.