Ncc Share Discussion Threads

[aishah] 22/2/2017 09:16

Indeed. Was thinking of SOPH too.

[keya5000] 22/2/2017 09:16

Just took some myself.

Caveat being I am hopeless at catching falling knives.

[keya5000] 22/2/2017 09:16

Just took some myself.

Caveat being I am hopeless at catching falling knives.

[masurenguy] 22/2/2017 09:14

Approaching a volume of 3% of the total number of issued shares traded in the first hour this morning so the carnage is hardly surprising. The market has cleared indicated that it really has no confidence in the management of this company. The shareprice has now collapsed by 75% in 4 months and by 50% since yesterday afternoon. The best solution is for a competitor (Sophos perhaps) to come in with a speculative bid at around 150p to take advantage of the present situation.

[a2584728] 22/2/2017 09:13

Just added 15000 sit and wait now

[aishah] 22/2/2017 09:12

I've added here. At this level could fall prey to a larger entity.

[spooky] 22/2/2017 09:06

Surely the Escrow division is worth something like the new market cap. of the company. There don't appear to be any problems there and it has operating profits of more than £20m.

[tsmith2] 22/2/2017 09:06

105-110 finish

[jovi1] 22/2/2017 09:04

After years of investiments in this I am out
I suspect still skeleton to come out but good luck to who keep faith

[sportbilly1976] 22/2/2017 09:00

EBITDA of c.£35mln, mkt cap £250mln - so around 6.5-7x earnings

Still a stigma around the management and lack of control / visibility. Definitely one for the brave currently, but potential for significant returns over the longer term.
Sneaking suspicion there will be another 'clear-the'decks' rns to come so I'll wait to see how things unfold

[melody9999] 22/2/2017 08:45

Mas - I absolutely concur.It just smacks of a management that are not in control. You can imagine the situation. Someone alerts the BOD to the capital markets day early yesterday. With all the other troubles they realise they will need to face the music. So whats the easiest way out? Draft an RNS to the market, cancel the day and go to ground.

Have the BOD any interest in protecting the good name and credibility of the company? Not whatsoever.

From my perspective, no point in fretting. Take the loss and move on. Note the BOD names never to invest in companies they control again.

[esther1975] 22/2/2017 08:36

6 million profit and a market cap of 250 million. looks still overpriced

[tsmith2] 22/2/2017 08:36

Starting to think that myself.

[ileeman] 22/2/2017 08:36

Averaged down, market cap is crazy now it will bounce at some point at the very least.

[investment dave] 22/2/2017 08:30

I think this has been completed overdone and will rebound massively from here

[ileeman] 22/2/2017 08:27

£250m cap. Nuts.

[wigancasino] 22/2/2017 08:23

MM's have it in for us, talk about screwing us to the floor. 7k down so it's a sit tight, hold and surface when the sentiment returns. Sneaking the RNS at that time never really gave anyone a chance to react, obviously, if they could have. From what most are saying it was more in AU after, so very few trades.

Normally here first thing to set my stall out for the day but would imagine most would be away from the screens when the axe fell. Some nasty people out there that run companies disgracefully.

[blueblood] 22/2/2017 08:19

360p to 90p in 6 months well done Mr RC!

[igoe104] 22/2/2017 08:16

If you at rob cotton twitter account a month ago he said.


Rob Cotton Retweeted
NCC Group Careers‏@NCCGroupCareers Jan 23

More
2017 is going to be a great year! We have a new HQ's coming in #manchester - exciting things to come #cybersecurity #careers.


It makes you wonder if he knows what`s going ON at the company ?

[sportbilly1976] 22/2/2017 08:15

Don't these come in 3's...I'd hold until the next one is out the way

[blueblood] 22/2/2017 08:14

90p fair entry for recovery play

[investment dave] 22/2/2017 08:13

Oversold niw

[masurenguy] 22/2/2017 08:09

iLeeman22 Feb '17 - 1085: Alot of people are moaning about the timing of the RNS i fail to see how it makes much difference, it goes down regardless.

Of course it makes a very significant difference because it reflects upon both management competence and credibility. Facts are facts but the timing, way and manner in which they are presented has a direct bearing on the way management is perceived. To make such an announcement just 15 minutes before the market closes, announce a strategic review and combine this with a last minute cancellation of their
Capital Markets Day event the following day, just smacks of panic and incompetence. Whatever the extent of the problems, the market needs to have the confidence in management to successfully address them. This mornings further fall very clearly illustrates this issue!