Nexxen Share Discussion Threads

[ragos] 18/11/2024 18:22

Wheeze,
Thanks. I am always here!
My issue is they had an offer on the table around nine quid, but did not think of telling us poor pis.
The big boys wanted more, of course they did, they always do. But given the info and choice we would have been out....

What's past is past, I am just hoping for a chance to bail out without too much loss of face and money!

But out I will be!

R

[irishmatt] 18/11/2024 18:20

And doesn't the next leg of the buyback kick in tomorrow?

[wheeze] 18/11/2024 18:10

Volume so far by 1pm is over 500k whereas daily average over the past couple of months around 75k. Probably not a lot of stock available. Hope to see this trend continue

[wheeze] 18/11/2024 18:02

We seem to be off to the races. Up 23.9% Ragos are you there mate ?

[john09] 18/11/2024 17:57

Post 2533 is the best one here. You’re welcome

[john09] 18/11/2024 17:56

Now up 22% stateside to 9.18 or £3.62

Where are all the moany long term holders that were losing the faith at the weekend did they sell today looool

[john09] 18/11/2024 17:54

If im a US investor I’d be looking at the obvious brown to 22 usd (£8.70 in our language)

[john09] 18/11/2024 17:33

High of 8.98 usd or £3.55

[john09] 18/11/2024 17:25

Ooo-s up 18% now

[john09] 18/11/2024 17:19

Go check someone is really filling their boots

[john09] 18/11/2024 17:18

The trades are non stop in the US . My screen is flashing with trades every couple of seconds

[muthadrucker] 18/11/2024 17:17

Sometimes you just have to laugh. Today Viant is valued at 8x revenue exTAC and 25x Ebitda based on FY24 guidance. They’re growing at 20% pa which is creditable but it will take 4 years of growth at that rate for them to reach what Nexxen will probably achieve at the end of next month.
Two of the analysts, including Laura Martin, have a price target for Viant slightly above today’s valuation of $1.1B and a valuation for Nexxen of approximately $600m.
If Ofer was a bit quicker on his feet he would have turned the tables on Martin when she raised the growth numbers of Viant and asked her to justify the valuation difference.
As I say, sometimes you just have to laugh

[john09] 18/11/2024 17:16

Big volume too

[basem1] 18/11/2024 17:14

Going mad in the US all of a sudden The penny has dropped a few hours late

[john09] 18/11/2024 17:03

Up 10% in THE US . They know…

[wheeze] 18/11/2024 17:03

To be fair to management Ragos, don't think anyone could have predicted the Alfonso debacle. That was a big hit for the company and there's nothing like litigation to suck the life out of your team. They've made a decent recovery and i think there are reasons to be positive. I know you are disappointed as time is not on your side, but take it easy.

[ragos] 18/11/2024 15:59

Wheeze,
It is a bit rich from your friend.
He forgot to mention that it went from 9 quid to 1 quid through mis-management.

The fact that it took 3 years to recover from 1 to 2 while everyone else raced away.
We can all select data to illustrate our particular hobby horse.

I think you are better than that mate.

R

[ragos] 18/11/2024 14:55

Extract from SimplyWallst article on Yahoo finance yesterday.

"Nexxen International Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) also surpassed analyst estimates by 186%.

Looking ahead, revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 1.3% growth forecast for the Media industry in the United Kingdom.

Performance of the British Media industry.

The company's shares are down 1.2% from a week ago."

R

[amt] 18/11/2024 08:18

I suspect weakness is those selling out due to loss of IHT benefits. Once done this should move higher.

[wheeze] 18/11/2024 07:48

Lol whites123, you resoundingly beat me to it . I was compiling a similar list but yours is much more comprehensive. I see NEXN as a far safer place for my money when compared to other inflated companies in the sector, who could be punished anytime for not making the growth they did in the last quarter. Zero debt with a buyback underway. Onwards and upwards.

[digitalis] 18/11/2024 07:45

Like I said 6 months ago 350p and my next third of stock is up for grabs……..the last tranche will go down with the ship………
Nasdaq should be better than what we have now but the US investors won’t forget being greased up by Ofer before………it’s a wing and a prayer but one thing is certain the company officers will be there at the trough first
See you guys at the other side…….

[whites123] 18/11/2024 07:40

Why Complain About Success?

It's baffling how some people manage to find fault even in a roaring success story. Nexxen, over the past year, has been nothing short of a textbook example of growth, resilience, and strategic brilliance. Yet, here we are—witnessing moans and groans about a company that has arguably had one of the best years in its industry. For those grumbling, I have one simple question: show me another company that has accomplished as much in the past 12 months.

Let’s break it down.

1. Share Price More Than Doubled
The market rewards performance, and Nexxen’s share price reflects that. Doubling your value in a year isn’t just good—it’s phenomenal. This kind of surge is a testament to solid fundamentals, smart decision-making, and market confidence. For anyone investing in growth stories, Nexxen delivered in spades.

2. Expanded Offerings and Customer Base
Instead of resting on its laurels, Nexxen diversified and grew its product offerings and customer base. Expansion isn’t just a buzzword here—it’s a tangible achievement that positions the company for sustainable success. Growth in reach and relevance is a direct measure of a company’s ability to innovate and adapt.

3. Court Case Resolved Favorably
The conclusion of the LG court case on favorable terms was no small feat. Legal battles can drain a company’s resources and cast a long shadow on its future. Nexxen not only weathered the storm but came out stronger, clearing a significant hurdle and paving the way for continued growth.

4. Successful Share Buybacks
Share buybacks are a strong signal of confidence, and Nexxen executed theirs with precision. Not only does this demonstrate effective capital allocation, but it also enhances shareholder value. What’s more, they still have additional buybacks in the pipeline.

5. Debt-Free and Financially Robust
In an era where companies are often buried under mountains of debt, Nexxen stands out by paying off its obligations and positioning itself as debt-free. This move isn’t just about optics—it̵7;s about securing financial flexibility and resilience, ensuring that they are prepared for any challenges ahead.

6. Outperforming Expectations
Nexxen’s latest figures not only beat forecasts but also redefined what "success" looks like. The numbers don’t lie, and Nexxen’s performance speaks volumes about its trajectory.

7. Full NASDAQ Listing
For years, we’ve clamored for a full listing on NASDAQ—and now it’s here. This move is a game-changer, opening the doors to a broader pool of investors and cementing Nexxen’s place on a global stage. For many, this was the ultimate goal, and Nexxen has delivered.

What More Do You Want?
It’s time to ask the naysayers a simple question: What more do you want? Companies with lesser achievements are heralded as champions, yet Nexxen faces criticism despite delivering on every front.

Sure, no company is perfect, and there’s always room for improvement. But in a year packed with accomplishments that many organisations can only dream of, Nexxen has proven its worth. For those still moaning, perhaps it’s time to step back and reassess. Nexxen’s story is one of triumph—show me another company that’s had such a brilliant year.

Until then, let’s give credit where it’s due. Nexxen isn’t just succeeding; it’s setting the standard.

[barkbooo] 17/11/2024 23:29

There’s some strange stuff written here today - and it’s a little difficult to take it from some.

The last twelve months have looked pretty impressive - the chart in the header ain’t hard to follow and if that is called a poor performance …my form lines are a little different to most contributors today….Gadgie is the exception.

I will probably do the same and take some time off from this thread - friends and family have enjoyed watching their holding here consistently head in the right direction….its a British thing to moan about success.

I have earned plenty of jam here - and will continue to do so…

Unlike most, I have been happy with the progress made, this will be sold in the near future and we will have done nicely on payday…happy to read the negativity, unhappy to take part in it.