Ncc Share Discussion Threads

[ileeman] 31/10/2016 17:16

Nice write up. Cnat be long before this starts heading north.

[seconduser] 31/10/2016 17:13

OK didn't check properly!

[smokybenchod] 31/10/2016 17:10

Seconduser that news is for ncc the Swedish construction company

[blueball] 31/10/2016 16:52

I will buy @170p wont be long now.

[seconduser] 31/10/2016 16:49

Looks like they are starting to address organisational weaknesses.

hxxps://www.property-magazine.eu/harri-savolainen-appointed-head-of-operational-support-for-ncc-group-39812.html

[ileeman] 31/10/2016 16:08

Big seller at work, creating an opportunity down here.

[ilovefrogs] 31/10/2016 16:05

Me too. If it goes to 180p I'll buy more. Company isn't broken 'cause two acquisitions have lost a couple of contracts. Market still set for stellar top line expansion.

[ileeman] 31/10/2016 15:45

Added some more at 1.89

[boadicea] 31/10/2016 15:26

Looking for 180-ish as a modest top up. Logically it shouldn't get there on current company statements and broker views, but keeping some powder dry in case. Low confidence here coupled with a bad day on LSE might just do it. There may well be a second chance later (if it decides to form a double bottom - e.g. in the New year) by which time funds from a forthcoming liquidation (BDI) should be freed up.

[tsmith2] 31/10/2016 15:22

Defo overdone. V v Tempted to add..

[ileeman] 31/10/2016 15:20

No bounce yet but it will come, these drops have a habit of overshooting.

NCC market cap has basically halfed and lost £500mil in value. Overdone.

[salpara111] 31/10/2016 14:08

Hmm, may have been a bit too hasty at 198 I guess the next support is about 170.
Hopefully it wont get there as that would see it ejected from the fTSE 350.

[blueball] 31/10/2016 10:27

Could see 180p today the way its going almost time to buy.

[ilovefrogs] 31/10/2016 09:46

Andrew Baker - Firstly, where did you get a PE of 80x from ?? See Rivaldo's post - it's mid-teens. Secondly, Fidelity has been buying , not selling. You need to get your facts straight before posting.

[ileeman] 31/10/2016 09:45

Added a few more. Down on most of my buy ins buy still confident on a 20%+ move when it turns.

[blueball] 31/10/2016 09:42

In freefall now.

[karmastuartra] 31/10/2016 09:31

Dont hold yer breath!

[blueball] 31/10/2016 09:24

I'm waiting to buy @170p karma.

[karmastuartra] 31/10/2016 08:33

Penny drop is nothing,give it time.

[blueball] 31/10/2016 08:30

Off to a bad start to the week.

[ileeman] 30/10/2016 10:11

Chart finding the floor and looks ready to start an uptrend now. Next week will see the bounce imo


free stock charts from uk.advfn.com

[karmastuartra] 30/10/2016 09:56

Next week will see a steady rise to more realistic levels.

[blueball] 30/10/2016 08:42

Peel Hunt and Shore Capital had share targets of 350p does this still count with the current price sub 200p or will they drop the price.

[rivaldo] 30/10/2016 07:38

The latest forecasts, all post the latest trading update, are as follows

N+1 Singer : this year 12.64p EPS, 5.12p divi, next year 14.6p EPS, 5.63p divi
Shore Capital : this year 10.2p EPS, 5.2p divi, next year 12.6p EPS, 5.7p divi
Cannaccord : this year 10.8p EPS, 5.1p divi, next year 13.4p EPS, 5.6p divi

This puts NCC on a current year P/E of 15 to 19, dropping to 13 to 16 next year.

Even the divi yield looks useful now!

IMO in the next 2-3 years NCC's share price could go anywhere from back up to 350p to say 500p-700p. Whether it goes down a few more pence from here is pretty immaterial - this is a quality company in a huge growth sector which has had some one-off glitches and will recover. Unless it gets taken over first.