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National Express Group PLC (NEX.L)

LSE - LSE Delayed price. Currency in GBp
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260.20+0.20 (+0.08%)
At close: 04:45PM GMT
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  • S
    Sara
    Merger news out!!!
  • G
    George
    has this stopped tanking lol. been a tough 2021.
  • G
    George
    the deal is sealed! +6.13%
  • A
    Andrew
    They are shorting their own stocks?!
  • P
    Paul
    Can't find any news, does it mean that tomorrow they'll announce 'no deal's with Stagecoach?
  • L
    Li Chong
    Does this stock still pay dividends or they stop because of the pandamic?
  • G
    George
    will NEX ever catch a break?
  • P
    Paul
    so the merger news didn't even move this thing ... it even drops since... what the hell🤦‍♂️
  • S
    Solfer
    All things considered, a great set of results and outlook. Wish I'd added yesterday now!
  • G
    George
    12th May 2021 Trading update download PDF: https://www.nationalexpressgroup.com/media/4397/2021-trading-update-120521.pdf

    https://www.nationalexpressgroup.com/newsmedia/corporate-news/2021/trading-update/

    Ignacio Garat, Group Chief Executive, said:

    “I am pleased to see the continued improving performance trajectory across our business in the first four months of 2021 despite the ongoing lockdown restrictions. It is very encouraging to see the positive impact on profit delivery of the management actions taken last year.

    I remain grateful for the tireless work and commitment of our colleagues, and for the ongoing support we continue to receive from both customers and authorities, once again demonstrating the strength of the relationships we have built over the years. Progress has been made on a number of the ‘big deltas’ outlined at the full year results presentation including the mobilisation of new fleet in Casablanca and the launch of new standard operating procedures in North America School Bus, already delivering financial benefits as part of our ‘Driving Excellence’ programme.

    Whilst we remain focused on managing what we can control, we remain confident that as restrictions across the world are lifted we will see a strong recovery in demand for our services.”
    Trading Update - National Express Group PLC
    www.nationalexpressgroup.com
  • K
    K
    If you are wondering why NEX is down today, its because swing sellers cashing out decent earnings report.

    Honestly if we finish above 3£, going to be a strong sign stock might reach 4£ even before Holiday season. I was expecting ~2.95 after earnings report. Surprised so far stock is showing so much resistance.
  • G
    George
    *UPDATE* National Express is pleased to announce the acquisition of Transportes Rober (Rober) in Spain for a headline consideration of #$%$13 million, which represents 2.6 times EBITDA.The acquisition of Rober, which has operated the urban bus contract in Granada for more than 20 years, represents a further step in consolidating the regional and urban bus markets, a strategy which ALSA has successfully executed in Galicia, the Basque Region and Leon amongst others. Granada is a major hub for long haul connections and builds on ALSA?s existing urban business in Almeria and regional services, consolidating our leadership position in Andalusia with a combined fleet of 650 vehicles and 1,900 employees.READ MORE: https://www.nationalexpressgroup.com/newsmedia/corporate-news/2021/acquisition-of-transportes-rober/
  • S
    Solfer
    5 March 2021

    NATIONAL EXPRESS GROUP PLC
    ("Company")

    The Company announces a revised date for the publication of its Full Year Results for the year ended 31 December 2020.

    The results will now be published on 18 March 2021, one week later than previously expected. Given practical constraints due to the lockdown, this short delay will allow sufficient time for Deloitte to complete their audit.

    The Company will hold a webcast presentation and live Q&A session on the morning of 18 March, the webcast will be broadcast
  • S
    Simon M
    I'm taking a long term view despite NEX dragging my portfolio down. NEX group will recover once travel opens up in the future.
  • W
    Way
    NEX fans..
    only 100 million of profit is from the UK. 9 billion from German rail franchise. 30 billion US school contract. Also Spain is looking at changing its laws i regards train franchise... NEX is first in line
  • Y
    YoKoGa
    NEX will fly.
    As we come out of covid, more people will use coaches as cars will be expensive to own when jobs have been so decimated and even flying abroad will be a ball ache with restrictions at the destinations etc. NEX will clean up.
    I envisage 1000 by June and 1500 this time next year
  • G
    George
    nex dragging my whole portfolio down 🔻 I've got to reduce my exposure. although long term this is more likely a solid investment. diamond hands right ? or should i sell a little as we move up in price ? difficult to decide. maybe I will focus on increasing cash position instead then I can invest if the price drops / won't miss out on opportunities elsewhere.
  • D
    Dan
    I ended up taking all of my profits from last weeks news too early, I’m beginning to regret that decision.

    Oh well I’m new to this game I live and learn!!
  • T
    Troy
    Investors are starting to look past this covid19 thing its great! Onwards and up wards. £1.80 by Christmas seems realistic. £3 next Christmas?🤞
  • I
    Iyke
    Money doubled. Took some profits. Will let the rest ride out till 470