Northbridge Industrial S... Share Discussion Threads

[zho] 22/6/2022 14:06

Ticker changed to LOAD

[robertspc1] 20/6/2022 08:52

Am sure Aggreko and others will be monitoring the company very closely now it has shed the dead weight oil business. Still expect corporate action in next couple of years.

[bookbroker] 15/6/2022 20:46

Maybe, but the business speaks for itself, a market that is essential for calibrating energy supply mechanisms in large projects, and growing constantly.

[norbert colon] 15/6/2022 20:28

Mills influence is one factor...

[carcosa] 15/6/2022 19:08

He ends with "see Northbridge (to be renamed Crestchic) as a potential takeover target." Not sure if ST has mentioned that before. Wonder what prompted that.

[brummy_git] 15/6/2022 17:28

Super smart smallcap investor Simon Thompson of Investors Chronicle continues to rate Crestchic / Northbridge as a BUY with a 250p/share target price (up from 220p B4).

www.investorschronicle.co.uk/ideas/2022/06/15/tap-into-a-data-centre-winner/

[robertspc1] 09/6/2022 18:47

Sir Peter Harris methinks

[owenski] 09/6/2022 09:49

Paul's interview on Vox -

[jacktrublu] 09/6/2022 08:29

Excellent !!!

[brummy_git] 09/6/2022 08:05

If you thought today's upbeat trading statement was good.

Then watch this interview with Exec Chairmen Peter Harris, who takes me through the company's terrific growth opportunity ahead.

www.linkedin.com/posts/paul-hill-a5994116_qa-with-peter-harris-executive-chairman-activity-6940558459952111616-Q-HZ?utm_source=linkedin_share&utm_medium=member_desktop_web

[edmonda] 09/6/2022 07:44

Agreed - great job still being done by the management.

After today's positive trading update and a confident outlook Equity Development increases EPS forecasts materially + fair value/share moves up to 249p vs last night’s close 193p.

Read detailed new research note with audio summary here:

[zho] 09/6/2022 07:43

Strong growth momentum continues

Today’s trading update ahead of the AGM is most encouraging. The decision to focus the strategy of the Group on power reliability, with accelerating growth within the datacentre and renewable energy markets, and recovery in marine and energy sectors, has clearly been vindicated. Only the Middle Eastern portion of the Tasman drilling tools business remains, with expectations of its disposal over the summer confirmed.....

[brummy_git] 09/6/2022 07:19

The news just keeps getting better & better at premium loadbank expert Northbridge Industrial (soon to be renamed Crestchic)

Find out here all the investor commentary & updated valuation from today's positive trading update.

www.linkedin.com/posts/paul-hill-a5994116_nbi-load-load-activity-6940547001340059648-IgQ-?utm_source=linkedin_share&utm_medium=member_desktop_web

[zho] 09/6/2022 07:05

As previously noted at the time of the announcement of the results for the year ended 31 December 2021, trading during the first quarter was ahead of management's expectations and this has accelerated further into the second quarter. Along with the strong trading already seen in the first half, the pipeline for both rental and sales is building well for the remainder of the year. As a result, the Group is trading ahead of upgraded expectations and visibility for the remainder of 2022 is now such that the Group is increasing its outlook for the year as a whole.

The UK factory expansion has now been completed on budget and schedule and production has already begun, which will enable the Company to meet the continued strong demand it is experiencing both for sales and rentals of power reliability equipment. The new facility will be officially opened on 6 July and details on how to attend the opening ceremony are provided below.

[zho] 01/6/2022 10:26

AGM and name change to Crestchic on 9th June

[jacktrublu] 31/5/2022 03:57

Indeed now that the rot has been discarded.

[robertspc1] 30/5/2022 10:14

Not very often you hear the phrase completed on time and on budget in today's environment. Excellent job by management. Onwards

[zho] 11/5/2022 08:32

Today's AGM statement from CTO shows that data centres (30% of NBI's business) are going well:

"The growth in order book is being fuelled most materially by data centres which are expected to account for one third of the Group’s business by year end. The data centre market continues to be extremely buoyant and we expect the significant growth in this market to continue in the medium term."

[bookbroker] 06/5/2022 22:35

More likely a full takeover to take it private, again stupid falls today. This company’s business model built on stable energy sources, that market will exist in perpetuity.

[robertspc1] 06/5/2022 22:15

Be interesting to see if Harwood top up here... I suspect they will buy until 29.9 per cent stake

[x54v] 27/4/2022 09:12

Treeshake to source shares for the company buyback plan?

MMs sold shares (by going short) to NBI at 198.62 then dropped the price quickly to get some sellers so they could buy back their short at a lower price perhaps.

[zho] 27/4/2022 07:15

More than half yesterday's volume was from share buybacks (270K from 456K) and yet the price fell.

How come?

[bookbroker] 26/4/2022 17:12

Agree, do not think this company be buying back stock just to see it marked down. Likely MMs trying to force weak holders to drop a few shares, time to top up, just the spread always wide. But this company’s market on a growth trajectory and that has not changed, and likely not too due to increasing demand for testing energy sources in data centres, etc.

[x54v] 26/4/2022 17:01

Weak overall market. Profit taking after the recent rise on an illiquid stock.

Look at the chart in the header. Choppy movement here is fairly normal.