Re: What is happening Recent drops are a bit worrying. I didnt really like the way management provided reassurance as the oil price dropped that they were unaffected, only for them to issue a profits warning when they announced Prelim results. But if I were a real sceptic, I would say that the talking down of profits came a few days before share options were issued... I will hang in there ... although it might take a few years for the shares to recover, the business model has been sound and will be again when the oil price recov
Re: What is happening Much lower by the looks of it!Falling knife.....DL
Re: What is happening I was expecting to go back below 360, but how much lower can it go? DL
Re: What is happening I've been watching NBI since last year.Might have a little nibble if we go back to 360, which I'm expecting.What attracts me is it's exposure to the oil sector, could there be a better time to buy?DL
Re: What is happening If it is any help, the reason I sold is because Northbridge has significant and recently increased exposure to the oil sector and I was worried that the postponement of projects owing to the fall in the oil price might reduce the demand for Northbridge's oil related tools and other products. I would guess that quite a few sellers had this concern. The fact that I was able sell at a healthy profit to my buying price also made it an easy decision to sell.
Re: What is happening Searched hi and lo to no avail.Unless a tip sheet or fund has dropped it then exposure to Oil Services/Non Exec Sell?Jake
Re: What is happening yes - amazed as well - keep looking out for RNS. Hope it is just general sentiment against energy sector
What is happening With the share price in free fall this board remains silent. Does anybody know what is happening and why?