BOWOOD
17 May 2016
Buys Are you buying B?. Seems to be a reasonable amount of interest so someone looks as if they know something.
BOWOOD
17 May 2016
Re: SP Yes I feel the building blocks have now been put in place notwithstanding it has taken longer than expected. The new CEO will I am sure be bringing new talent into the business and I feel we can expect a positive trading statement in the forthcoming results. Prospects are looking better, the M/C is only just over £2.3m and one has to ask why such a high profile person would join a small but big brand search business as CEO. The 50p you mention B is there to be reached shortly IMO if we get good YE figures and good interims in August.
broomfielder
17 May 2016
SP The modest trading activity and firming in the SP seen yesterday and thus far today would be unspectacular for most Companies but in NBB's case it at least COULD signal that it's fortunes are definitely on the the turn (for the better).We do of course await the Final Results later this month which should confirm the progress witnessed in previous trading statements and despite the relentless decline in the SP over the past couple of years or so, we should remind ourselves that it was once trading around the 50p mark back then. Hopefully a lot of space for upward movement which could happen given there are so few shares in the public domain and I guess it may be a bit early for JM etc to seek an exit.B
BOWOOD
29 Apr 2016
Re: CEO Agree. Many company directors will argue that they have no control over the price of their shares. This of course is rubbish in my view: if they are running the business well this will show in the sp progress - up means they are running it well and down suggests they should look for another job. PR is vital and although NBB directors can be forgiven for needing to rebuild the business there can be few good reasons not to perform positively from now on.
broomfielder
29 Apr 2016
Re: CEO B - I did notice the recent activity (not that much but for NBB any activity is a bit of a rarity).With their new CEO the opportunity clearly exists for a real publicity push in tandem with positive trading results/forecasts in the near future.Some fairly basic PR in conjunction with their Broker would assist wider private Investor interest in the shares. It's amazing how some Companies do not seem to be aware how positive a strong SP is viewed not just by their Peers and competitors but by financiers and future (major) Investors be they institutional or otherwise.B
BOWOOD
27 Apr 2016
CEO B, a bit of interest yesterday. Was that you or do you think someone else is taking an interest following the new appointee?
BOWOOD
25 Apr 2016
Re: New CEO No but I think you may be able to Google his CV - might be the right man to take the business forward.
broomfielder
25 Apr 2016
New CEO B - Any views on Mike Brennan's appointment?
BOWOOD
25 Apr 2016
Re: Brexit Yes I always feel it best for any influential business person to keep their views to themselves in a case like Brexit, the result of which is either black or white. The result can support your view or be the complete opposite which could then cause you to need to convince others that the result will not matter. JM does have a significant interest in NBB from a company view point but not I suspect from his. No doubt we will see the result of the last trading year in mid May. GL
broomfielder
24 Apr 2016
Brexit I suppose it may betray my lack of understanding of NBB but J Moulton's very vocal support for Brexit would appear to run contrary to the interests of (this) Company's wider interests.It may be that as NBB are more UK focused than others it will not have a material effect but I'm always curious when some of these better known entrepreneurs nail their colours to the mast over a major issue.Of course I recognise that JM has many other irons in the fire than NBB.BNote - The above is not meant to be interpreted as a political view but simply an observation.
broomfielder
16 Mar 2016
CEO Sorry B. Given this BB is almost moribund I don't often check for activity.As you say, the apparent lack of progress in appointing a new CEO doesn't exactly reflect well on the Group given their business focus etc. Even running to the wire would be something they would have wanted to avoid I would have thought.No doubt the usual response about getting the right person etc will be promoted but from an external viewpoint it simply underscores a lack of dynamism IMO. This I have to say is a critique I have of NBB in a number of areas which I aired with the Co earlier (per my comments etc posted previously). This could be totally unfair but when Companies provide Investors with so little information provided generally, we have to rely a bit more on guesswork.Go on NBB, surprise us all and appoint a real leader with a bit of panache. This I suspect with the key shareholders we have is somewhat unlikely. To be fair to them they put up their cash and want a safe pair of hands on the wheel. Definitely no excitement. And the package on offer may not be industry leading either so its probably a difficult role to fill (a lot will also depend on how much freedom he will have etc and how much he will be operating from a script). However we (and the market) expect a new CEO within indicated timescales or at least an explanation of where we are etc.As for Mr Twizzle twig, he probably is safe enough but he is surely only doing a holding job but you may know better. This sector I'm finding is a bit outside my comfort zone!B
BOWOOD
10 Mar 2016
RNS It's good that nobody failed. Not the sort of news I expected from you B but do you think twizzel twig would make a good CEO?
BOWOOD
10 Mar 2016
CEO Broomfielder, as you and I appear to be the only investors here, I wonder if you have appointed the new CEO and not told me! At the half year the Chairman told us that it was hoped to have a new CEO in place during the first quarter. To be fair we still have a couple of weeks left but I hope NBB can find candidates for clients a little quicker than they can for themselves.
BOWOOD
24 Jan 2016
Re: Trading Update They never had the resources to scale the overseas operations and perhaps the USA office was simply a jolly for the CEO. The UK operations have been invested in and importantly the cost base has been driven down to a more appropriate level for a company that turns over less than £10m. This augers well for 2016 and beyond and I can now see more of the earnings finding their way to the bottom line; more cash being retained and the group able to grow by taking on further consultants with no cash constraints. We PIs always like to try and talk up the sp where we are invested, but in the case of NBB I can see the sp being well over 20p as the benefit of the recent investments and corporate activity has its effect.
broomfielder
23 Jan 2016
Re: Trading Update Agree B. They are certainly focusing strongly on improving the consultancy side both from a numerical and qualitative perspective. This of course will be in the UK but these improvements came through the restructure where most of the Overseas representative offices which were closed had only 1 consultant. Hardly appropriate for either coverage or growth.B
