broomfielder
06 Sep 2017
Re: Awaited H1 Results I agree that something more than a 'bolt-on' aquisition is required here.In a 'people' dominated business, I think we can take it that MB would ensure his culture / people would drive the culture as well in any expanded Grouping. This could be fairly savage for the businesses being aquired but could drive very significant cost savings in time.Survival tends to be brutal if ruination is the only other option. I believe the stakes are that high but I also believe MB will deliver here.B
broomfielder
05 Sep 2017
Re: Awaited H1 Results B - You are not a closet BoD member perchance?
BOWOOD
05 Sep 2017
Re: Awaited H1 Results There has been much work done over the past 18 months since MB has become CEO. He has made many changes in staff and has re written the Board Room. Social Media has gone thank goodness and the future direction more defined. He has built his team around him and continues to bring in new people but gets rid of other equally good people that do not perhaps wear the same team shirt going forward. We have raised £300m, changed brokers, brought in a new big name and are letting go a CFO, but a new one will be on their way wearing an MB shirt. So what may we have? An MB team that wants to head the table and has £300m to do DD on an acquisition. A friend and I agree that MB cannot grow the business organically as quickly as he would like and to get to where he wants to be; so there needs to be something lined up. Just a thought.GL
broomfielder
05 Sep 2017
Awaited H1 Results Whilst the Group's businesses will doubtless still be a WIP, the H1 Results normally released at the end of this month should provide clear indications that things are heading in the right direction.The scale and nature of its virtual re-launch in certain key areas was always likely to be more difficult and take longer than we shareholders would prefer, but I guess even the patient investors in NBB do have their limits.In my view, its thus essential we see from the awaited H1 Results, tangible evidence that the Capital raising and radical staffing restructure are beginning to produce results.Would it also be too much to ask that we get a bit of a 'heads up' on the road ahead and how we plan to get there? After all, organic growth can only take you so far, so I would be astonished if the new Exec team don't have a clear vision of what they want the Group to achieve in the next 1 - 3 year horizon and it might just be the right time to share some of this at least with the wider Market.B
BOWOOD
22 Aug 2017
Re: RNS I think MB continues to assemble his team and Webber may not have been one of them.On small trades the Market is moving the sp up so that may be a good indicator of what the City thinks.The half year figures and forecast for the second half should be very interesting20p by the year end!
broomfielder
22 Aug 2017
RNS B - Don't know if you have any info on Gary B but from my checking he seems to have a good track record and high profile. Originally, KPMG, but as CEO of Penna Consulting plc, he looks another industry heavyweight for the team.Now I realise these guys dont come cheap, but you cant help thinking that NBB are beginning to move into a different league from where tgey have been for so long.All this is extremely positive and the Market would be very receptive to a positive Trading update if they could only break with tradition and issue one!This could be one heck of a turnaround in share values if they pull it off.B
broomfielder
22 Aug 2017
RNS Given last year's New Share Subscription was primarily to expand NBB's business mainly through new recruitment etc but also to repay Loan Notes at that time, here we are 1 year down the line with new Loan Notes being issued and a further key change at Director level without any meaningful comment on where the Group are in terms of their business growth (or otherwise).Clearly, they are not awash with cash that much we can guess.To put today's RNS into any kind of perspective, shareholders need and deserve a proper Corporate unpdate.....not that we were likely to get that given NBB's past record (which I thought may have been about to improve given the 4 July RNS).I'm hardly enthused by our new Advisers' statement either - do they really get paid for this!?B
broomfielder
07 Aug 2017
Re: Buy Hi B - I'd like to think the 150k trade was also a 'buy', but at 8.5p, I think it must also have been a 'sell' (along with the 160k).Only 2 'buys' that I can see were small trades at 12.325p and 12.10p respectively so no way would even a large purchase command a discount to achieve a trade price of 8.5p.And if these transactions were indeed sells, then given past volatility in the SP I was expecting a further fall in price which has not yet materialised. ......unless its technical matters which may see 2 similar buys tomorrow.As for KLN, I have kept an eye on their results and yours and others posts since I sold up, but I have never felt I really understood the Group as well as I should have. Part of that comes from the way in which it is run / controlled and despite my direct contact with the Group.Its certainly encouraging if investors can take at face value the announced recent indications of improved trading conditions for the Group building on the H2 results. A lot more that just sound bites are of course required which would be greatly helped by better engaging and interacting with existing and prospective Investors as we have said before.I had thought the Sector generally would have witnessed greater consolidation (than it has) especially since Brexit, but I really have no feel for where Bell and Ward are taking the Group. That was a significant factor in my decision to exit very much at a loss here. They are certainly talking up potential acquisitions but your info is certainly way ahead of mine if you think an RTO may be on the cards.Rgds.B
BOWOOD
07 Aug 2017
Re: Buy I think the 150k was a buy mopping up most of the 160k but giving the mm a small turn. Any thought on KLN?
broomfielder
07 Aug 2017
Re: Buy B - After a small buy of 10k, I only see 2 sells. One is for 150k and the other for 160k with the latter only attracting 7.125p which is extremely disappointing and just makes the spread even more rediculous.Not huge transactions (totalling just under £25k) but significant enough for NBB when in truth I had been hoping for some stake building.B
BOWOOD
07 Aug 2017
Buy Director or close to picks up a cheap 150k
broomfielder
20 Jul 2017
SP Apols for the double post - no idea why that happened either!B
broomfielder
20 Jul 2017
SP You really do have to question why the 'sale' of 2 shares should result in a near 4% drop in the SP.As today's 'transaction' is a nonsense, then this and similar must be close to defrauding shareholders if the SP can be marked down in such a way.B
BOWOOD
06 Jul 2017
Re: Directors Share Purchase There is also a few options in the mix if targets are reached. This is going to be MB's baby and he will be gathering in the talent he knows and then be going for a quality client base. Great that Social Media was kicked out which allows a more positive focus on the core business. Once the half year figures are out and the way forward can be better judged there could well be a decent re- rating. One down side could be that those who bought in at the last fund raise may let a few shares go to improve liquidity.
broomfielder
06 Jul 2017
Directors Share Purchase More skin in the game with MB's further purchase today is another welcome sign for Investors.Clear demonstration of his belief this ship can and will be turned around.I also still think Moulton & Co could already have incentivised MB to (ultimately) aquire NBB and we shall see further evidence of this in the coming months. Very much IMHO.Rgds.B
