Nexus Infrastructure Share Discussion Threads

[ronwilkes123] 04/5/2018 18:13

Interesting buys suggest pessimism over - maybe the issue at triconnex is showing signs of improvement

[jonwig] 04/5/2018 17:35

@ ronw - just in case someone picks me up, I bought a few back at 200p when the bid started to narrow. Agreed the large buys were certainly for real - you can't always tell (but no SETS trading here).

[ronwilkes123] 04/5/2018 12:25

Those 2 x 25k look like director buys to me

[ronwilkes123] 04/5/2018 08:31

MMs now back to giving sell quotes - accepting a few more than they have been - suggests we may be close to a bottom - someone hoovering. 1.86p should be a very strong floor

[yump] 04/5/2018 08:15

I don't read any of the pundits as they're writing to be read not to help me - I try to find out about businesses by other means

[ronwilkes123] 04/5/2018 05:37

Yump have you read the shares magazine article from yesterday - what was your take on it ?

[yump] 03/5/2018 23:05

Also Triconnex has a much larger order book. I don't call that sluggish.

If you think about it clearly, delays in pre-start don't matter unless the revenue stream is extended over a longer project life. If the order book is up 40+% then that might not matter anyway.

Its all quite simple really. If you don't believe it and think there are 'issues' and problems at Triconnex then just sell and stay away.

If on the other hand you're happy with Tamdown being a bit ahead of 2017 and Triconnex being flat, as against hoping for more growth, I don't see the problem holding on a p/e of about 10, collecting the dividend and waiting for growth, or for people to notice that 20+p eps will look pretty good against 15+p, bearing in mind how many people don't look properly at financials and won't see the IPO costs in 2017.

[yump] 03/5/2018 23:00

ronwilkes123

I repeat, if the share price hadn't fallen below 220p, eg in a market that isn't very nervous about any delay, would you still think the same ?

Seems to me that you've now suddenly gone completely negative and exaggerating just about everything you can find, including making assumptions about the Triconnex orders that you have absolutely no evidence for.

You have no idea whether any jobs could be frozen or not. There is nothing in the press or any other reports about any projects being frozen in this market. There's actually more talk about freeing things up. Its just typical of the planning processes that they appear to have slowed down in pre-site approvals.

If you read a bit more widely, you'll find that some of the homebuilders have said that the pre-start planning process has got slower. Slower, not terminally ill or frozen.

As for talk of a pump and dump placing, you have no evidence for that either.

I suggest for your own peace of mind (assuming you're not just talking your own book having sold), that you try to get to a middle ground somewhere that's based on evidence, not the share price and not a load of guesswork.

It helps not to be bipolar when investing.

[ronwilkes123] 03/5/2018 20:45

In fact will be watching with interest to see if anyone sells under 1.86. I'd expect 1.86 to hold with strength

[ronwilkes123] 03/5/2018 19:40

I suppose mate, heartening to remember only 4p of profit left in this since the placing. Not many if any can sell under 1.86 at profit.

[thefartingcommie] 03/5/2018 19:25

Ron,
ok...my tuppenceworth here..(I am a holder by the way).

For sure this is boring,dull,disappointing..put your own word on it.However...Ruffer has significantly increased their holding over the past few months...ok...one or two other institutions have reduced around the edges..and I think there was a director buying at around 2.65p or thereabouts.So whilst this is a setback for sure...we all want good stuff to happen yesterday...this does not strike me as being anywhere close to being terminal.

Also,worth noting that volume is pretty thin..only c 39k traded today which pitiful.One seller unloading....and its a free hit for the market makers.

Have a nice evng.

[ronwilkes123] 03/5/2018 19:09

The one thing here I can't understand is how the issue can be addressed - are they telling the local authorities to speed up lol I'm afraid some of these jobs could be frozen a long time

[thefartingcommie] 03/5/2018 19:04

I don't as a rule publish what I hold and when. My sale on 31/01 had nothing to do with my feelings about the company, but part of a general move to cash in the face of a fragile market. I was jettisoning small caps first!


So what??

nobody expects you or anybody else to publish what they hold etc....and this feeble response does not in any way address my original point.

this is just the sort of 'plausible deniability'....that I wld expect from someone such as yourself whose colours are now firmly nailed to your mast.

What I find utterly beyond the pail is your overwheening sense of rightness and faux authority which is on display in your posts on other threads....and similarly on here.

Take a check up from the neck up mate.

[ronwilkes123] 03/5/2018 18:47

Numis has said buy already with a 2.30 targetI await the month end interims with interest

[ronwilkes123] 03/5/2018 18:46

As I say I'd like to see the quality of the order book before getting involved further - the first year post listing appears to have been a write off - I wouldn't get involved here until the problems at triconnex are resolved

[jonwig] 03/5/2018 18:41

@ ronwilkes - apologies for not being clearer. I don't as a rule publish what I hold and when. My sale on 31/01 had nothing to do with my feelings about the company, but part of a general move to cash in the face of a fragile market. I was jettisoning small caps first!

I'd expect broker N+1 Singer (maybe others?) to publish their views soon. If so, I'll summarise.

[ronwilkes123] 03/5/2018 18:30

I must state as well I as of a few days ago used to work for a competitor, who also had a record order book. Some of the orders - don't actually happen funding will be pulled - some will be on hold for an immense amount of time. I note the two owners sold a lot of shares on listing - I'd like to see the quality of the triconnex order book - this is setting off alarm bells

[ronwilkes123] 03/5/2018 18:21

You do have a point mate, you shouldn't really post as if you still hold jonwig - esp on stocks that have turned into messes like this

[ronwilkes123] 03/5/2018 18:00

Profit warning and suffering

[jonwig] 03/5/2018 17:57

@ ronwilkes - You may be right, I hope you're wrong! I read this as an established company not a chancer, so it would be a pity if they resorted to financial manipulation.

I sold end-Jan and would be interested in getting back in, but don't feel it's right yet.

EDIT: didn't see your post re Shares Mag - what's their main point, please?

[ronwilkes123] 03/5/2018 17:53

Shares magazine has a highly negative article out on this today - reason for the share price fall

[ronwilkes123] 03/5/2018 17:48

Where's the bottom here as well ? May well see 1.20 area, no buying pressure at all causing these falls

[ronwilkes123] 03/5/2018 17:13

Strong feelings that they are conning people on the order book - they'd be better served splitting the work that has a definite start date from that doesn't. Appears possibly like a good old pump and dump placing job to me