Nexus Management Share Discussion Threads

[orado] 05/9/2011 09:18

About time TW did a bit of 'ramping'.!!!!!!!!!!!!!!!!!!!!

[argy2] 30/8/2011 09:26

Perhaps TW tipped it again!

[sweepie2] 30/8/2011 09:21

Nice to see NXS doing well in a rising market NOT

[sweepie2] 19/8/2011 10:02

Have been on holiday so just catching up having spoken to Peter Weller in the past I did not form the opinion that he was wealthy so the fact that he has bought even one share let alone 250,000 shares is a positive as I don't believe he would add if there was a chance that NXS could go to the wall in the near future. As I have many more that Mr Weller has presently got I would hope that his confidence is well placed and am looking forward to the next update, I wouldn't expect that it will be bad news given this purchase

[bishopawn] 17/8/2011 08:23

There has to be a trading update long before the full accounts in January, which was issued last year 22nd November. I agree about the muppet performance of directors and management and the NOMAD, but Berny3 is rightly focussing on this current year's trading and extrapolating from that to 2012. 450K seems quite probable and may be exceeded by 100K, if we are lucky. Certainly, the current capitalisation of £2.5 million for the Nexus plus Resilience business could look silly in 12 weeks' time. Presumably Peter Weller is thinking along the same lines.

[orado] 17/8/2011 08:12

bishop

Lots of shoulds and coulds.
This is a company that keeps promising - year after year - and never delivers.

[bishopawn] 16/8/2011 20:42

We should get a trading update in the second half of November which will give a good idea of the broad outlines of progress made. If they could bag a couple of good-sized contracts before the end of September, presumably that could further add to the increase in profitability if payments are made in advance for Resilience Firewalls. This is exactly what they were planning on last year at the time, but it did not come about and the contract was not signed until December instead.

So there are two horizons to watch for, the end of September deadline and the second half of November,both of which could generate an increase in buying of the shares, if the market is suitably impressed.

[berny3] 16/8/2011 15:04

Very diffilcult to ascertain a value. Running through the figures last night a modest 7% increase in turn over from last year, which looks acheivable given the win of the new big client and a couple of percenatge points shaved off of COGS and Operating costs arrives at £450K.

I think we will see savings as the disposals of Nerd Force were made at the end of last trading period.

The business model is having a modest increase in revenue and being able to reign in costs delivers dramatic change in net operating profit. We need to see the level of finance costs. I am hoping this have been kept under control as in the previous end of year statement they were relative upbeat concerning the requirement for borrowings.

We won't know until early new year for the results. This is a long term investment if they can make improvements at the financial level it would be very rewarding, which is why I presume T1psy is so pro the company. On paper you can see that but we know what relatity has delivered.

How much the company is worth...I think a p/e of 10 may be generous in circumstances but it is the forward p/e that is of interest. If revenue is able to be grown by double digit growth as things move forward £10mln may be feasible in the next 2-3 years. Who knows, pure guess work until we see this year ends figures. I just hope we do not get another disapointing RNS.

[bishopawn] 16/8/2011 13:55

Berny, if we get 450K net profit, how would you value the company.....£5 million??

[bishopawn] 16/8/2011 08:38

0.22 pence

Market Cap.£2.51 million

Shares In Issue 1,142,350,000

[berny3] 15/8/2011 21:39

Mr TW Tipsy believes you could see £450K net profit. If that is the case, (any net profit would be nice) then there should be a rerating. Something like what happened to Zoo Digital would be nice :)

[marab] 15/8/2011 20:27

I think most of us are waiting for the next trading update before deciding what to do next. Hopefully the results will be encouraging, but if not, then someone could pick up the company cheap and use it as a shell for something more interesting.

[berny3] 15/8/2011 13:14

You ar egoing to have to trust the company to come up with the goods. We are approachng their year end if we do not get another profit warning at worst they are inline with market expectations. I would anticpate the price creeps up through August September with out any news. (good or bad). If margins can be maintained at a Gross level and operating costs can be rained in things should be OK to good.

[opsmermaid] 15/8/2011 11:11

Bish You seem to be talking to yourself this last while with no interesting replies. Is there no fight out there or has everybody given up?

[bishopawn] 14/8/2011 15:41

Expect a few more "wee" purchases by the directors, if last year is anything to go by.

15 June 2010 Roger Richardson.........325,000 shares at 0.3 pence.
15 June 2010 Peter Weller.............152,233 shares at 0.32 pence.
18 June 2010 Jeremy Lister............160,000 shares at 0.32 pence.
28 June 2010 Pete Patterson ..........317,000 shares at 0.315 pence.

Not noted for throwing their money around then, and probably a repeat performance this time around. Of course, they are nursing significant losses (down more than 33%)on those 2010 purchases, as things stand,due in large measure by their less than stellar performance as directors; so they may be more cautious in the size of their purchases in 2011.

Wondering what their Adviser,Merchant John East Securities Limited, is getting paid for too, since they have managed the share price DOWN from 1.7 pence to 0.17 pence in three years. They need to change more than their name. Get off sitting on their hands and raise the profile of Nexus/Resilience would be a start.

[bishopawn] 12/8/2011 14:16

And if directors must buy more.....please do so in millions, you know you can afford it on your salaries. Piddling few hundred quids worth does not impress the market.

[bishopawn] 12/8/2011 14:15

I hope Pete Patterson was not blowing hot air when he bragged - (it would seem rather prematurely) - about going from strength to strenth. Look at the share price Pete. What do you say now?

[bishopawn] 12/8/2011 13:28

Peter Weller never had much of a shareholding. As Finance Director it may be a good sign that he is wanting more. But there was a similar thing in June 2011 when a number of directors announced they had bought a few more to add to their huge holding and it meant damn all in terms of the share price or the company making any significant headway.

May be this time around it will be different and this presages news of contracts and expansion. Time will tell. Problem with time is that we will all have long beards eventually and be too old to enjoy the spoils.

Questions could be asked of the their current NOMAD who 3 years ago took over when Nexus had a share price of 1.7 pence and today has only 10% or one tenth of that value.

[argy2] 12/8/2011 13:05

Maybe a follow up Director buy after the earlier one? I'm surprised TW wasn't buying in 5m+ lots in this week's market.Unless of course he doesn't believe his own ramps? Avisen is much the same, there he totally miscalculated the cash they had but has not apparently been buying in the recent slump.

[bishopawn] 12/8/2011 11:41

The million looks like a buy hoovering up the slack....?

[argy2] 11/8/2011 21:16

Makes you wonder why TW isn't hoovering up shares in this market?

[bishopawn] 11/8/2011 15:50

That's a buy.

[berny3] 02/8/2011 15:24

A move up in the price no...do my eyes deceive me..