Ncc Share Discussion Threads

[staylow1] 31/1/2017 16:37

Increase on shorttracker. Its being pinned

[a2584728] 31/1/2017 14:39

Yes still looks cheap to me.

[ileeman] 28/1/2017 11:46

As long as this stays above 175pish (at the very worst) then the head and shoulders pattern is still in tact and right shoulder should hopefully be completing.

Took a month or so for the left shoulder to consildate so hopefully see this start breaking out in the next couple weeks.

Fundamentals are pointing up, still a great set up imo.

[a2584728] 27/1/2017 16:05

Added more

[ileeman] 27/1/2017 10:21

H and S pattern still there, maybe needs to consildate for a while more before pushing higher.

Minor support at around 180p.


free stock charts from uk.advfn.com

[rivaldo] 26/1/2017 10:11

Correct, for the 1.5p interim divi.

[staylow1] 26/1/2017 07:56

Another entry on shortracker today. Now stands at 4.55%

[rivaldo] 25/1/2017 13:39

N+1 Singer said this yesterday:

"Attractive entry point

Cyber 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 case

The 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."

[tsmith2] 25/1/2017 10:00

Still thinking h+s forming

[staylow1] 25/1/2017 09:21

And another addition on there today.

[staylow1] 24/1/2017 21:34

FYI - NCC looks to have made a new entry on the short tracker list today - NCC - Numeric Investors 1.63% up 0.10% created 19/01Maybe the reason for the bounce.

[ileeman] 24/1/2017 10:17

Same also added.

Bouncing in a range at the moment but can clearly see this should be higher since the half year report. Patience.

[a2584728] 24/1/2017 10:12

Added again this morning

[tsmith2] 20/1/2017 22:56

Inverse h&s

[boadicea] 20/1/2017 15:31

ilovefrogs - That is exactly my view - which means this is a candidate for adding when some cash arrives - shortly, I hope.

[markth] 20/1/2017 14:36

There seems to be some resistance in the 200 to 205 range. Since I'm long I hope it steams ahead once that level is cleared.

[ilovefrogs] 19/1/2017 18:51

Yep, no issue with growth, but margin erosion is a worry. That said, as I've always maintained, you don't get stocks at bargain prices without a whiff of worry around them. if they're growing at 20% with rising free cash flow though, that provides some comfort!!

[shalder] 19/1/2017 17:25

IC keeps at hold citing margin concerns, which echoes some of the comments made here.

[rivaldo] 19/1/2017 13:22

N+1 Singer are nicely positive this morning:

"Interims confirm underlying business sound
N+1 Singer view

NCC’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".

[a2584728] 19/1/2017 09:59

I am happy to keep adding at this level.

[ileeman] 19/1/2017 09:46

350pish down to below 200p with the results today? Pretty clear to me the market has got it wrong/Aviva created a great opportunity to buy in.

[ileeman] 19/1/2017 09:43

Price ussually finds it way back to gaps expecially since the results today were very strong.

250-260p target for starters.

[a2584728] 19/1/2017 09:30

One would assume there will be some press coverage over the coming days and broker upgrades?

[a2584728] 19/1/2017 09:14

I leeman, will it fill the gap once there?