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 – results argue first half “good progress”, but what about the cash burn?

By Steve Moore | Friday 17 May 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.

I first wrote on Nexus Infrastructure (NEXS), which describes itself as “a leading provider of essential infrastructure solutions”, with the shares falling below 150p in 2019 and most recently with they at 72.5p last month including that it would be interesting to see the balance sheet flows from an argued positive half-year period but with it still-admitted cash “marginally lower than the board's expectations” and that I remained somewhat cautious on order book conversion. I’m now asked to comment on the recent half-year results which have sparked the shares back up to above 100p.

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



H&T Group – now again a Buy

Time left: 11:57:36