sage in the hills
25 Oct 2016
RNS RNS FMR have 5% of NCC, which is a fair amount.No doubt they added after the drop.SAGE
sage in the hills
24 Oct 2016
Improvements ........ Support is showing up at 210 p today.After the loss of three ish significant contracts, what are the board going to do to replace those lost contracts with new significant ones ?What are they proposing to do to prevent further contracts slipping away ? What are they doing to address the issues that were causing the problem ? Got to face up to this. Not good PR to leave it and ignore it.SAGE
sage in the hills
21 Oct 2016
The drop In actual fact, although the drop was 36% on Thursday, this was actuallya 38% Fibonacci level on a retracement ........ from the recent high ........... so that might lead to a show of support at this level.SAGE
okgetreal
20 Oct 2016
Re: Just the temptation As a customer who pays NCC, I would say that SASA43 you have hit the nail on the head. They are charging more for the same services than I can buy cheaper elsewhere. One service I have moved away from them will save my business 75%. In the last 3 years they've gone from being value add consultation to expensive generic supplier. Others I know in the industry have similar concerns over quality and reputation. I have been in and out of the stock 4 to 5 times and enjoyed the ride. I sold all my holding at £3 and came back in with a small buy today at £2.23. I hope they can for UK Tech get back to adding value without overselling and over charging. If they can do that they'll get more of my budget.
stocklobster
20 Oct 2016
Re: Just the temptation happy to pick up a few more at this level. order book is still healthy and although you would expect a drop due to loss of contracts, 35 percent seems absurd. debt is down, organic growth ahead of expectations and the yield is still 2 percent which is good for a growth company (admittedly not much growth today). PEs are often silly with these kind of tech companies but that didn't stop the Japanese buying ARM
mantrova
20 Oct 2016
No rush to buy into this one, imo. I make it to be still a 2018 (!!!) forward p/e of about 15 @ 225p, even if they hit forecasts which predate today's news.Sales, even for a distant 2018 were forecast at abt £281m - less than half the new Mkt cap of £621m with a minimal forecast div, even if the latter holds.No wonder it's a Broker "Hold" with seemingly risks to the downside forever a bete noire there.I'll be more than happy to be corrected....m
woodee
20 Oct 2016
Re: Just the temptation Agree...Once a Week. Good Co. hick-cup will be sorted. In at 220p. 300p by Xmas. Good luck holders.
once a week
20 Oct 2016
Re: Just the temptation I have also topped up as a 35% fall looks well overdone.They have performed well recently and I trust the management team to sort this out.
sasa43
20 Oct 2016
Re: Just the temptation It is tempting, Speculator, as you say, after such a sharp fall.However, such highly rated shs (sky high p/e) have little to counter a de-rating when things go wrong, as has clearly happened here. Revenue growth achievements have little relevance against this news item of several contract losses and this could be rather more serious than it looks at first sight. It's net profits growth / eps that matter and they'll be under pressure now.Look at the last stats on here; profits were minimal despite an increase in revenues last time and the contract non - renewals (one a big one) need to be clarified, asap, imv.While such doubts persist, I'd leave them alone for now (many growth funds probably have these in their portfolios and and they might well lighten up here after this) so I'd resist any top -ups myself. Seen similar 'stars' fall from grace before and a lot more could be seen yet.Might look at this again after the full year but for now, I'm out, as the saying goes - sasa.
Aconite
20 Oct 2016
Re: Just the temptation Horrible results, but IMHO fall looks overdone so have topped up.This is definitely one I am happy to be in for the long term.
Speculator 73
20 Oct 2016
Just the temptation Yesterday it was Laird - today NCC ..... If only I could give in to the temptation and jump on the band wagon ....
gretel
05 Oct 2016
RNS : Aviva increasing their stake Good to see Aviva increasing their stake nicely - a week ago they had 16.92m shares, and now they have 17.36m shares, or 6.29%:[link]
gretel
04 Oct 2016
New highs now Looks like the market took a couple of days to react to the acquisition - and it likes it.A favourable view on the acquisition from the respected Techmarketview:[link] some large and embarrassing data breaches, US companies and institutions are working hard to renew their infrastructures and systems, wrestling with legacy problems and at the same time meeting ever higher expectations for customer experience. NCC will be looking to capitalise on this opportunity, cross-selling more of its services portfolio into US companies."
gretel
30 Sep 2016
Re: RNS - earnings-enhancing acquisition Here's the company web site:[link] Should be terrific cross-selling opportunities: "PSC's Clients include: • Major financial institutions • Domestic and Global Retail Organizations and Manufacturers • Internet merchants, retailers, direct marketing and mail order • Service providers who accept, store or transmit payments • Payment service organizations • Third-party processors • ISOs, merchant and payment service providers • Accounting and audit firms • Software publishers • Technology companies • Startups and emerging technologies"
gretel
29 Sep 2016
Re: RNS - earnings-enhancing acquisition Even better: - "approximately 85% of the revenue annually repeating" - "Earnings enhancing and financed from existing debt facilities and internally generated cash flow" Initial $15m cost for $1.6m annual EBITDA strikes me as extremely cheap in this sector.
