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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Nexus Infrastructure Plc | LSE:NEXS | London | Ordinary Share | GB00BZ77SW60 | ORD GBP0.02 |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 132.50 | 271 | 00:00:00 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 125.00 | 140.00 | 132.50 | 132.50 | 132.50 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Management Services | 112.18M | 58.8M | 6.5084 | 0.20 | 11.97M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 10:04:04 | O | 271 | 131.00 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 30/10/2024 | 14:28 | ALNC |  Nexus Infrastructure anticipates revenue fall in line with forecast |
| 30/10/2024 | 07:00 | UK RNS | Nexus Infrastructure PLC Acquisition and FY24 Trading Update |
| 21/10/2024 | 08:39 | UK RNS | Nexus Infrastructure PLC Holding(s) in Company |
| 04/10/2024 | 14:47 | UK RNS | Nexus Infrastructure PLC Holding(s) in Company |
| 30/9/2024 | 08:50 | UK RNS | Nexus Infrastructure PLC Holding(s) in Company |
| 27/9/2024 | 06:00 | UK RNS | Nexus Infrastructure PLC Change of Nominated Adviser and Broker |
| 25/9/2024 | 13:11 | UK RNS | Nexus Infrastructure PLC Directorship Disclosure |
| 24/9/2024 | 13:21 | UK RNS | Nexus Infrastructure PLC Holding(s) in Company |
| 24/9/2024 | 10:50 | UK RNS | Nexus Infrastructure PLC Holding(s) in Company |
| 24/9/2024 | 09:15 | UK RNS | Nexus Infrastructure PLC Progressive Equity Research - Initiation |
Nexus Infrastructure (NEXS) Share Charts1 Year Nexus Infrastructure Chart |
|
1 Month Nexus Infrastructure Chart |
Intraday Nexus Infrastructure Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 09/10/2024 | 14:37 | ::: NEXUS INFRASTRUCTURE ::: | 386 |
| 26/10/2017 | 08:04 | Nexus Infrastructure plc | 23 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 10:04:04 | 131.00 | 271 | 355.01 | O |
| Top Posts |
|---|
Posted at 21/11/2024 08:20 by Nexus Infrastructure Daily Update Nexus Infrastructure Plc is listed in the Management Services sector of the London Stock Exchange with ticker NEXS. The last closing price for Nexus Infrastructure was 132.50p.Nexus Infrastructure currently has 9,034,307 shares in issue. The market capitalisation of Nexus Infrastructure is £11,970,457. Nexus Infrastructure has a price to earnings ratio (PE ratio) of 0.20. This morning NEXS shares opened at 132.50p |
Posted at 09/10/2024 14:37 by pr100 Check out the trading update from Hercules Site Services (HERC). Bodes well. NEXS due soon. |
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 20/9/2024 13:40 by chris szabo I read today that there's been 1,926,505 (!) shared changing hands - with the stock price moving, but not by that much.Does anyone have an idea what's behind that (typo, institutional sales outside the exchange etc)? |
Posted at 12/7/2024 13:48 by pr100 ShareProphets Buy Tip today:hxxps://shareprophet |
Posted at 11/6/2024 08:09 by baner no doubt this looks like a sitting duck waiting to be taken over.......maybe by Renew Holdings as an example? at 200p this would still be an attractive price to a predator - underpinned by a strong asset base, net cash and a business that will see clearly better times in the next 3-5 years. |
Posted at 23/3/2023 09:34 by pr100 So even with the extra shares in issue (now 9m), the Tamdown share price is already a lot higher than the Group share price was a month or so ago. I guess it's possible that the divested assets were holding the share price back even though they appeared to promise much going forward. It's a conundrum. And it might be a tad embarrassing if the Tamdown share price breaks through the 163p bid price so I guess it may hang around a while before breaking through. Today's share price is still lower than just the cash assumed to be in the bank but I guess they'll issue a trading update at the end of this March to clarify the picture and the outlook. |
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 03/3/2023 09:03 by pr100 On reflection, today's share price values Tamdown shares at 157p each.EXAMPLE Buy 1000 NEXS shares today @ 162p = £1620 outlay Sell 830 back to Numis @ 163p = £1353 income Leaving 170 Tamdown shares bought for £267 or 157p each. That's still less than Tamdown's assumed cash assets but not quite such a screaming buy. But it's a clue that the MMs will price up the restructured business at around 157p per share when they start trading - if there are 7.5m shares in issue. And by my calculations that price should move quickly to above 200p if the company still has around £16.5m cash. But we have been warned that Tamdown's cash has been temporarily stressed over the past few months so shareholders can't make a judgement unless Nexus update Tamdown's current cash position. |
Posted at 02/3/2023 14:36 by pr100 Sorry for the confusion. The debate is only about whether current shareholders should take up their Tender Offer entitlement. It makes little or no difference whether the cash is returned to shareholders or not as, for me, the decision hinges solely on the valuation the market attributes to Tamdown.Assuming there are no skeletons in the cupboard, and notionally that no-one subscribes to the Tender Offer, then Tamdown would have c. £80m in cash and 46m shares in issue - or c. 180p per share. And if everyone subscribes to their full entitlement then Tamdown will have around £16.5m in cash (at Sept 2021) and 7.5m shareholders - or c. 220p per share. That doesn't mean that Mr Market will price up the new Tamdown shares at 220p of course but with no debt the business should be saleable for more than that. The mystery is why the current share price values the Tamdown shares at zero. |
Posted at 02/3/2023 11:27 by pr100 Tamdown cash at Sept 2022 was £4.6m according to the Nexus FY results but has clearly fallen since then judging by the 30 Dec RNS admission that "Cash within Tamdown has come under pressure since year end due to higher trading activity coupled with higher levels of debtors." What we need to know is its cash position today but that information is withheld. We do know that Tamdown will receive £12m from the proceeds of the asset sale but that doesn't tell us the net cash position.Clearly, if Tamdown NewCo had net cash of £16.6m, no debt and only 7.5m shares in issue (assuming full take-up of the Tender Offer) then Tamdown on its own should be worth at least its cash value of 221p per share. So either the NEXS share price today is very wrong/manipulated or there's a lot less cash in Tamdown, and maybe other skeletons, which only the insiders know about. The major shareholder seems very keen to take most of his cash out of Tamdown to fund a controlling interest in the divested operations without having to share the rewards with us pesky retail shareholders. To all intents and purposes this looks like an MBO - but only of the best bits of the group. While it may be true that Triconnex and eSmart need investment, I can't figure out why Tamdown had to be dumped in order to raise that cash since the current Nexus Group has demonstrated its creditworthiness over time. In short, this looks like shareholders are being kicked out of Triconnex and eSmart on the cheap so that the suits can pocket all the gains. The BOD own 23% of the equity and need 75% support to get this proposal through the GM on 17 March. I don't think it's a done deal and I will be voting against unless more information is provided pronto. |
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