|My guess would be that it is a tad oversold, that trading in H1 may have been damage-limited v expectations, although far from acceptable, and that the H2 outlook is still fairly mixed, with sales prospects picking up but sales timing uncertain, and that they won't mention dividend at this interim stage, just a pure guess....|
|Interims at the end of the Month should give the market an indication of whether it is oversold or not. Would be nice if they mention they expect to maintain the final dividend on improved trading etc.|
|Apols, must have got confused with my links :-)
Some comment this morning by the Wexboy blog regarding 2016 performance and MCD
'Having already identified the electronic division as a millstone, with a decade-long history of stagnant revenue & declining profits, I presumed management would be forced to aggressively rationalise, liquidate, or otherwise dispose of this business. This would have freed up more surplus cash, and just as importantly, re-focused management’s attention on the more valuable (but more volatile) asset protection division. But so far, management’s dug its heels in, continuing to allocate disproportionate time & assets to the electronic division, despite the fact it’s now loss-making (to the tune of £0.5 million). Which I suspect took management’s eye off the ball elsewhere – as a result, NWT now expects a loss this financial year, due to a revenue/profit shortfall in the asset protection division (which hopefully proves a timing/sales pipeline issue ultimately). Despite a cheap market valuation, the share price reaction was exacerbated by the CEO, who’s (laudably) sales-driven, but perhaps not yet experienced enough to actually under-promise & over-deliver…'|
|This is the IG May 2016 one.
A slightly more recent Interview here (July 2016).
1.53p paid earlier, hence the sales needed on the mark up.|
|There has been a few: Here's the IG ones
Feb 15 - hTTps://www.youtube.com/watch?v=6KQSWcRklFQ
Nov 15 - hTTps://www.youtube.com/watch?v=fFyMnEmLArA
May 16 - hTTps://www.youtube.com/watch?v=6KQSWcRklFQ|
In many years that I have been trying to invest in shares,rather than gamble as this participation has become,NWT has been of late the only share to give me a dividend...so good luck in this new year,I feel confident.
Lets hope so,it would be so nice...gla
The chart is still recovering,looking good,|
|Do you have a link to that IG interview ?|
|Interesting David, after seeing her present on the IGG channel it'll be fascinating to see if she can handle the Mello questioning.|
|The interim results are out at the end of this month and then I hope to have Marie-Claire presenting at our Mello in Feb or March|
|It's on the up. A gap to 2p to fill and hopefully an improved trading/cost cutting update and/or dividend held will give us that.|
I bought in on Friday.
Hope to hold for a couple of years (depends on news flow). See how it goes.|
|Had a top up last week,the charts looking a lot better now..gla lth's|
|First quick look re unikey - "Odess (the unikey man) is also excited about applications on the commercial side, as the company is making a strong push in that marketplace to build on its already strong footprint on the residential side with products in 65 countries."
Extracted the above from your link, big thanks! Bprofit, could be literally seismic? given the massive 'residential market' and '65 countries' - will keep studying. ex|
|Did anyone spot this press release re new products;www.securitysystemsnews.com/article/grosvenor-works-unikey|
|tend to agree, Russman ex|
|Never heard a CEO say they were thrilled before.Seems a very positive development.|
|Thanks isengard7 for your above posts, incl. 4813. Re 4814, I see 3 potential outcomes here, 1st (and most likely of which) is broadly as you suggest, 2nd - they sell out for about 3p ps, 3rd - they go bust. Knowing these people as I do, 1 or 2 would happen before 3 even got close. Also, most of those 'sells' today were in fact buys. ex|
|tend to agree!|
|market cap is so low below £6m.
in a company that could easily turn it around back to profit albeit by 2018. could be a multi bagger from now till then.
there are companies out there don't generate any revenue at all with market caps higher than this. just because they have some licences or intellectual property that they are doing literally nothing with but racking up ridiculous losses and live on placings and convertible loans.
very undervalued. i see this as a long term recovery share. I think security market is underrated right now. a very unloved sector.|
|Hi Exel. my post was response to this. It wasn't aimed at you.
"PJ 126 Sep '16 - 08:44 - 4801 of 4812
Never invest on Hope. Hope is a binary gamble. To succeed you need an edge, and luck off course. Hope does not give you an edge"|
|Well, I added last week around 1.34. Net Cash level around 0.9p makes this safe and should limit any further falls. If next RNS turns positive then it will turn quickly IMO.|
|Hopefully you are correct B.Poor trading results at the moment are a result of the heavy marketing spend in trying to open up new overseas markets combined with the transition to the new upgraded products.
I imagine that there must be a considerable time between finding new sales leads and closing the deals especially in new markets so hopefully that is the problem.As newmark becomes more established in these markets hopefully sales will pick up traction.
Matters have also not been helped by a lull in orders from the major customers in UK.
Hopefully the fall in the pound will help to give the oversea sales a boost.|
|I suspect news of the new products may start to improve things, I read a news story recently saying they were previewing a new product at a recent trade show, the GT-10.http://www.grosvenortechnology.com/2016/09/grosvenor-technology-to-attend-hr-technology-conference-exposition/|
|Are we at the bottom yet, or will some more sells or further bad news send it further down? Anyone got a crystal ball? cheers NR|
|I agree that MCD is very competent and was neither suggesting otherwise, nor positing that anyone do anything (at all) based on mere 'hope'. I was simply offering a view - and then expressing that I personally 'hope' that this will work out for her, for Maurice and Brian + Board, and for the Group. That's all. ex|