ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for monitor Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

NEB Netb2B2

3.375
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Netb2b2 Investors - NEB

Netb2b2 Investors - NEB

Share Name Share Symbol Market Stock Type
Netb2B2 NEB London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 3.375 01:00:00
Open Price Low Price High Price Close Price Previous Close
3.375 3.375
more quote information »

Top Investor Posts

Top Posts
Posted at 14/7/2009 10:00 by cotton4
Free - The last time I was in this share, I sold at 19p over a year ago. I commented here at the time. A lucky break, certaintly no investor acumen.
Posted at 19/2/2009 13:42 by freelunch
forgot I held these. What a dream? I imagine I've missed lots of news lately better head to the news threads!!! The company have a track history of looking after their investors.
Posted at 27/4/2008 13:49 by albycat2
I think £15m is a bit optomistic for the RAD contract, probably closer to £1m is more realistic, spread over a couple of years, however when a company wins a contract with such a significant customer it certainly pulls in further contracts with similar such users and is therefore significant for bluesky and NEB.It augers well for the whole company as all divisions now appear to be doing very well with the non performing parts now closed down and no longer draining cash to no avail. I believe that the £500k injection will prove to be a pretty shrewd investment that will return to both KY and investors a significant return and the next trading statement will accompany a share price that represents what is now a different company alltogether. It has been a long wait but the recent activity and the obvious shortage of stock tells its own story,the "Market Knows" whats in the future and others are starting to notice that as well.As the saying goes "there is no smoke without fire !". It is also interesting to note that the RAD contract was not mentioned in the interim statement, so was probably finalised in the current period.
Posted at 07/3/2008 15:36 by malkie
M&C - I am delighted, no - make that thrilled, to see you getting engaged in the debate.

I would reiterate my view that this is a private company in all but name.

No institutional holders, no independent directors and serious corporate governance issues.

KY doesn't have to care about the share price unless or until it comes to selling. He certainly wont be borrowing any money on the back of the Company's valuation - not that he could get the interest of any significant investors after the Decembers share placement stunt.

You are all living in hope and I would love to be proven wrong - but somehow I doubt I will be.

If you write this off as a bad job – that way you wont be disappointed.

M&C – if they didn't have £500k pa central costs they wouldn't have needed re-financing in the first place. Right??
Posted at 07/3/2008 10:23 by malkie
How do you expect KY to get the share price aboove 10p??
By virtue of good news re trading?

what about the serious corporate governance issues?? What about the lack of Institutional Holders?

IMHO this is a basket case as far as investors are concerned. The trust has gone from management and sophisticated investors will stay well clear until something changes on that front.

NEB is - only for naive punters and risk takers at this point in time.
Posted at 27/1/2008 13:44 by maxbubble
Feature: Netb2b2 shows its hand
Netb2b2 shows its hand
Date: 1 August 2000


After much speculation about its next move, Netb2b2, the AIM-listed cash shell created by Keith Young, founder of NetBenefit, has made its first acquisitions.




It has acquired cScape, an internet services company, which will be the cornerstone of its strategy to create a portfolio of business to business enterprises, in what amounts to a reverse take-over of Netb2b2 under LSE rules. It has also purchased Football Pages, a sports database.

cScape has been paid for through the issue of 25m new Netb2b shares, valuing it at around £8,500,000. Football Pages is to be acquired for £250,000 through the issue of 757,576 new netb2b2 shares.

cScape turned over £1.16m in the year ended 31 December 1999, chalking a profit of £77,000. Net assets amounted to £182,000. Football Pages made a profit of £8,000 in the year ended October 1999, from a turnover of £185,000, and carried net liabilities of £17,000.

Football Pages is already a client of cScape, and has been working to leverage the assets it has in the form of a sales lead database and a distribution database. Its only product thus far has been a Yellow Pages directory for the football industry, with a circulation of 32,000.

Founded by Keith Young through the restructuring of Parallel Pictures, a film distribution and production house, in April, Netb2b2 has raised £3m through a public placing. It has also received £750,000 private investment from Young for a 23.1% stake and £100,000 from Clifford Perkins, former treasury director of the Rank Group, and COO of Netb2b2.

Shore Capital, the investment banking group in the process of taking over JellyWorks, also has a 9.9% holding in Netb2b2. Parallel Pictures is continuing its operations, but is not central to Netb2b2 going forward.

"We will be making acquisitions with shares," said Perkins. "We will not be buying start-ups. We are looking for companies with an established customer base and strong management."

"Our perfect investment would be a widget factory whose business could be enhanced or taken in a new direction through the application of internet technologies," he said. "People like those at cScape can help us do that."

cScape will continue to run as an independent concern, as well as contributing to the future of Netb2b2. As well as its professional services business, cScape has incubated a number a young companies and co-founded Allcures, the UK's first online chemist to dispense prescriptions.

Rob Killick, CEO cScape said: "'This is the way forward, combining our strengths in industry knowledge and technology to define the shape of internet companies for the future. Working closely together we can build the one of the largest and most comprehensive networks of internet businesses in the UK."

Like other investment-led incubators, Netb2b2's success is dependent on a high share price with which to fund acquisitions. Early share price will depend on confidence in the management. Keith Young's record is an enviable one, having co-founded NetBenefit, the successful hosting and internet services company, EasyNet, the ISP and NetInvestor, the technology investment company.

Perkins has held senior management positions in companies including The Rank Group, Marks and Spencer and J.P. Morgan. Tim Childs, heading up Netb2b2's investments is also chairman of NetInvestor.

Prior to this announcement Netb2b2 was today valued at £60m.

Netb2b2 has kept investors guessing for three months now, prompting speculation that a bid for NetBenefit was in its sites, and a French acquisition was on the cards. "We have waited to see the lay of the land after the recent shake-out," said Perkins. "There are some very appealing deals out there now."

cScape was founded by Keith Teare, the entrepreneur behind EasyNet, which he co-founded with Young, and most recently Realnames, based in California. Teare will take a seat on the board of Netb2b2.

Netb2b2 simultaneously published its results for the year ended 31 March 2000, relating mainly to the activities of Parallel Pictures. It lost £611,000 on a turnover of £82,375, amounting to a loss per share of 3.8p.
Posted at 24/12/2007 01:11 by w f godot
Small Talk: Investors in internet service group fail to block chairman's deal
by Nick Clark

Published: 24 December 2007

Shareholders in NetB2B2 have been unhappy over the handling of the internet business-to-business services group's fundraising plans, but failed to hijack the extraordinary general meeting last week.

The company sent out a circular this month detailing its plans to raise £500,000 by placing 5 million shares with its chairman, Keith Young.

NetB2B2 has had a tough time in the past three years, with its shares plunging from 80p to 10p, and funding issues have become pressing over the past year. While shareholders are aware of the need for additional capital, some were unhappy about the proposed method to raise it. The investor Matthew Scherba set up NetB2B Shareholder Action Group and set about corralling support. The shareholder group felt the circular failed to adequately explain the reasons for the placing, and was unhappy with the proposed size of Mr Young's holding.

The move would bring the chairman's holding up to 57 per cent. Despite breaching the 30 per cent threshold that automatically triggers a full bid under UK takeover law, he has received a waiver to proceed from the takeover panel. He will have "effective control over this company, to the possible prejudice of other shareholders", the shareholder group complained.

It believes there were other potential ways to secure the financing that were not considered. The group also slammed the share price fall in a buoyant period for the market, adding that peer companies have prospered.

"Allowing Keith Young to acquire a 57 per cent stake in the group at a relatively low price appears to be rewarding failure," it said.

Andy Gannon, group managing director of NetB2B2, said: "We have set about trying to resolve challenges at the group in an open way. We considered several options and settled on this as the best. At the end of the day, though, we were driven by our nominated advisers."

The shareholder group gathered support after the UK Shareholders' Association threw its weight behind the action. The nationwide association said: "We have considerable concerns about the sequence of events at this company and the actions of the directors."

The EGM was held at the offices of Smith & Williamson, the group's nominated adviser, in Moorgate last Thursday, and surprisingly Mr Young was not present. He sent his apologies, but his failure to show up riled several shareholders.

At the meeting, the management had to field awkward questions from shareholders. Mr Gannon said: "The shareholders posed perfectly legitimate questions, which was their right, and we tried to answer them. We believe we followed due process."

At the vote, the motion was passed 576,000 to 359,000. What upset Mr Scherba most was that 681,000 of the shares were not voted on, especially as he had spent the past few weeks building support. He said he has the intention of filing a complaint, but doesn't think it will get anywhere. The company has not been guilty of any wrongdoing, said Mr Scherba, but he wasn't happy about the way the process was carried out.

Mr Gannon countered: "It is my responsibility to look after all shareholders. I can assure you this was all transparent; there were no cover tactics."

As for NetB2B2, it reported widening full-year pre-tax losses on Friday, but said it would look to next year with "reasonable confidence".
Posted at 19/12/2007 20:08 by 25wbh
Take no notice of M&C
This Premium Bulletin broadcast thread with READ/WRITE options
AQUILO (AQL) Add Favourite

Click here for related discussions
marbles123 - 28 Apr'05 - 10:40 View 'marbles123' profile


Charts


Long Term Chart


Fundamental Data
No Fundamental data avalible

News
No News Available in the last month for AQL



Nice lot of buys today, price should start to tick up and then will rocket I hope with the anouncement of the results and aquisitions


Legal Aid - 23 Aug'07 - 05:56 - 1589 of 1609


As I recall Mercier & Camier was also sounding Aquilo's praises and promoting a promising future.

But how much of his own money does he ever risk?

It's likely that at least half of what you read on these boards is purely propaganda.





Mercier et Camier - 23 Aug'07 - 07:04 - 1590 of 1609


Yes I was and my views on the prospects for the company have not changed. However no matter how shrewd an investor one things one is no-one can account for the shenanigans of the directors.

The company consolidated its shares to 87p look at them now. The company is capitalised at about £300K with £1.5M of funds in the bank. I no longer believe there ever was any intention of selling ITS or ABS, they are both profitable businesses.
You cannot insure yourself against this sort of thing. I should know I've warned enough investors about it.

T
Posted at 05/12/2007 08:30 by cotton4
Don't really blame the shorters. Their opporunity has arisen through the lack of transparancy from the management. There are companies here with potential and value and with the right management will prosper. Just feel that something smells here and that we investors are being ripped off. Funding problems don't happen over night and if the company has turned the corner and there is a future, funding shouldn't be a problem. KY must think the company has a future. What we need is for this company to be bought out and a board installed who will communicate and look after the small investors.
Posted at 07/2/2007 15:03 by maxbubble
Investment: Good corporate governance (CGC) poses some interesting challenges for the marketer, but it also has benefits by maximising value. How can this be achieved in a customer-centric way?

Corporate governance is of great interest to investors, and it will influence their decisions in putting money into a company or, as shareholders, in leaving it there. Investors will pay a premium to invest in companies that prove a higher standard of governance . What can the marketer do to influence this premium to the benefit of the listed company and its shareholders? The answer is not straightforward and poses an interesting challenge for the marketing profession.

The conventional role of marketing addresses one group of stakeholders – customers. Indeed, the classic definition of marketing is about anticipating, identifying and satisfying customer needs profitably. The marketer controls all aspects of the product market match, including the pricing, so that the company can create the maximum value for the customer and consequently extract the maximum profit from the relationship. In this context the shareholder is merely the passive recipient of value.

The investor as customer

However, investors in publicly quoted companies are also stakeholders who, like customers, have needs to be satisfied both to attract them and to retain them. Like the customer, the equity investor has an expectation of value. This expectation is made up of two elements, dividend income and increase in share price. Share price performance is usually the primary source of value sought by the experienced investor. If we consider the investor as the potential customer in search of value through his investment, the company becomes the product. Investors compare one company with another just as the customer compares one product or service with another.

"The challenge for marketers in addressing the investment product market is that they have much less control over the marketing variables than they do when dealing with customers. So what can the marketer do to make their companies more attractive and optimise the value that shareholders receive?"

In summary, equity investors, like customers, have needs to be satisfied. Like customers they make comparison between 'products' – listed companies. They pose a challenge to marketers in listed companies because it is difficult to exert control over the marketing variables of the investment product market. The communication of strong corporate governance enhances the product and will influence pricing – the share price. Strategic capability is the key component of corporate governance that arguably has the most impact on pricing – the share price.

Your Recent History

Delayed Upgrade Clock