From £6.99 per month
The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares


Join for as low as £6.99 per month

With ShareProphets’ membership, you receive:

• All premium articles

• Tom Winnifrith’s Bearcast

• Access to all the entire nearly 10 year archive

• ShareProphets Daily Newsletter

Nexus Infrastructure – argues half-year “good progress”, but how good really?…

By Steve Moore | Friday 19 April 2024

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

Describing itself as “a leading provider of essential infrastructure solutions”, Nexus Infrastructure (NEXS) has issued a trading update commencing that “for the six months ended 31 March 2024… expects to report revenue of £26m, in line with the board's expectations and is pleased to report a further improvement in the order book to £72m from £57m at 31 January 2024 and £46m at the end of FY23”. Sounds like good news then, so what of a 72.5p share price still down from 97.5p as recently as February?
Premium content is for paid subscribers only
ShareProphets is reader-supported journalism

Become a member starting at £6.99 per month for all articles, the Bearcast, and our seven year archive.

Filed under:

Subscribe to our newsletter

Daily digest of our latest stories.

Search ShareProphets

Market News

Complete Coverage

Recent Comments

That Was the Week that Was

Time left: 00:40:21