sage in the hills
23 Feb 2017
NCC sp was at these levels in 2011..... .... bit of a boom and buster ......Are the others in this market place faring any better ? ........ or others downgraded too ? .....SAGE
paul1945
23 Feb 2017
Re: Unforgiveable same as u + @ 89.6 av price 155 I think i will + another bombed out stock today DNLM best of luck!
II Editor
23 Feb 2017
NEW ARTICLE: Buy, hold or sell: Liontrust UK Special Situations "The FUND:LQ82:Liontrust Special Situations fund, launched in November 2005, is run by Anthony Cross and Julian Fosh.The fund has returned nearly 200% over the 10 years to 9 January 2017 and just over 100% over five years.Having underperformed ..."[link]
Rusty Jock
22 Feb 2017
Re: Unforgiveable I averaged down this morning at 90p partly bcz it looked way oversold on negative sentiment about the way this has been handled by management and partly bcz I felt compelled to find a way to reduce my losses .Just hope it works out .My average is now about 160p . Maybe I should have bought more at 90p , but who knows .
eamann555
22 Feb 2017
Re: Unforgiveable I am tempted to buy in, but worried about the credibility of the company. Put out positive statement in December and now this.Perhaps this is the worst of the bad news and is oversold. It could turn into Cobham and keep issuing profit warnings every few months.
Aconite
22 Feb 2017
Re: Unforgiveable what an incredible way to shoot themselves in the foot.Can't believe this was being strongly tipped at 300+ not that long ago.Very unimpressed with their handling here but holding/topping up as the need for the services couldnt be more pressing.
paul1945
22 Feb 2017
Re: Unforgiveable good question just av. @89.6 fingers x look out for dir. deals I bought on large dir. + last time!
Rusty Jock
22 Feb 2017
Re: Unforgiveable The 50% drop from 180p down to 90p this morning seems overdone .But is it ????
A Mushroom Kept in the Dark
22 Feb 2017
Re: Unforgiveable In an industry where openness and transparency, honesty and integrity by helping others to identify and address potential problems that could cause a significant impact on a company share price, this appears a massive own goal.So lets have a look at the recent historyOct 16 announcement re contracts cancelledDec 16 update and profits noticeJan 17 Chairman steps downFeb 17 Trading update and strategic review initiatedTo me this is the them getting out all their dirty laundry having realised that they couldn't cover over the cracks and there are a lot of disenchanted people and funds out there. One persons problem is another opportunity however and rightly or wrongly I see just bought another £3k for a longer term investment.Fortune favours the brave (or stupid) and I have lost lots before but on the odd occasion it works out right so I will buckle up and hold on for the ride I know one thing is for sure no management bonus should be paid or shares to board members approved. I know nooothing
schovald
21 Feb 2017
Unforgiveable To issue a dire profit warning at 4:16pm on the day before the capital markets briefing (now cancelled) and giving a report so at odds with the update given during December. Unfortunately my stop loss failed to trigger, which I will be investigating with the UK's leading retail broker in the morning ...
gretel
02 Feb 2017
Asian expansion news "Crucial" new office opened in Singapore:[link] "NCC Group expands into South East Asia The cyber security firm's new base in Singapore aims to help businesses in South East Asia protect their brand, value and reputation against the ever-evolving threat landscape Jonathan Symcox 10:59am 1st Feb 2017 Cyber security firm NCC Group has launched a new office in Singapore. The new base aims to help businesses in South East Asia protect their brand, value and reputation against the ever-evolving threat landscape. NCC Group CEO Rob Cotton said the pace of innovation in the region is accelerating at an astounding rate."This is why it was crucial for us to open an office in this region," he added. "With customers now in ten countries across Asia Pacific, this will enable us to better service our customers throughout Singapore and the wider South East Asia region helping to revolutionise the way these organisations think about cyber security and risk mitigation." Manchester-headquartered NCC Group will also be expanding its presence in Australia due to growing demand for cyber security services in the APAC region. The firm has outgrown its current base in Sydney and will be moving into larger premises over the coming weeks. It also plans to open an office in Melbourne later this year. NCC Group has more than 35 offices across the world and employs more than 2,000 people."
gretel
25 Jan 2017
N+1 Singer more positive now N+1 Singer said this yesterday:"Attractive entry pointCyber security remains a highly attractive area of structural growth and there are limited ways to play the theme in the UK market. Our conservative Escrow DCF results in a £361m valuation. This leaves Assurance valued at just £248m (vs fair value of £398m to £628m), which we believe is highly attractive. Using the above SOTP range results in a target price range of 237p to 319p. Buy."And:"Refreshing the investment caseThe announcement in October’16 of the issues within the Assurance division has severely dented NCC’s reputation, but we believe the underlying business is sound and remains attractive. The group has now refreshed the executive team, is engaging more openly with the market and plans to improve its financial disclosure. We believe these measures will allow investors to focus on the underlying positive attributes of NCC, and take a fresh look at the stock."
A Mushroom Kept in the Dark
20 Jan 2017
Re: N+1 Singer say Buy, 233p target I am invested here and have used the company on a professional basis. They were top drawer a number of years ago and become expensive and lost the personal touch as they expanded and new upstarts developed going over an above what NCC were doing.The change at the top will be a positive move and will hopefully drive the company forward getting back to basic values and rebuilding themselves as they once were.I know nooothing
gretel
19 Jan 2017
N+1 Singer say Buy, 233p target N+1 Singer are nicely positive this morning:"Interims confirm underlying business soundN+1 Singer viewNCC’s interim results were largely flagged in the detailed trading update released in December. Group revenue increased 35% to £125.8 (organic growth +18%) and adj. EBITDA grew 15% to £21.3m. The group’s issues relating to contract losses/deferrals in the period were previously announced and are already included in our forecasts. The group has maintained its interim dividend at 1.5p, which we believe is an indication of the strong underlying business. Separately, NCC has announced that Paul Mitchell intends to step down as chairman in May ’17. We continue to believe that NCC remains a highly attractive asset in an area seeing strong structural growth and see the current share price weakness as an opportunity. We retain our Buy recommendation and 233p target price".
gretel
19 Jan 2017
Encouraging H1 results today Reassuring results imo, especially the outlook:"We have continued to see strong organic growth across the business, particularly in Assurance, albeit that earlier contract cancellations were disappointing. Our EBITDA has increased by 15% and we are maintaining our interim dividend at 1.50p - a clear indication of our confidence in our growth prospects for this year and beyond."With our global reach and increased product range, we are in a prime position to help organisations as they tackle compliance with the General Data Protection Regulation (GDPR) ahead of 25 May 2018."The recovery should continue from here.
