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.

NBB Norman Broadbent Plc

9.25
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Norman Broadbent Plc NBB London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 9.25 01:00:00
Open Price Low Price High Price Close Price Previous Close
9.25 9.25 9.25 9.25 9.25
more quote information »
Industry Sector
SUPPORT SERVICES

Norman Broadbent NBB Dividends History

No dividends issued between 28 Apr 2014 and 28 Apr 2024

Top Dividend Posts

Top Posts
Posted at 28/3/2024 09:10 by qs99
Good to see some buys coming in as NBB gets noticed IMO....

tried a dummy sale for only £5k to see what MMs wanted, was given price way over bid which is encouraging! as 2D said above, tightly held, so more decent news, some IR or a tip should see this really motor...lovely stuff

happy easter!
QS99
Posted at 20/3/2024 13:18 by qs99
As I say above, they are winding down ALL their investments, I would probably have waited some more, but maybe, let's see, a buyer emerged for half the stake so why not take it off the table as that is their mandate they have? DYOR

I'm new to NBB, I like the statement about £1.25m EBITA in 2025, if they get anywhere near or above that, the net cash IMO should be v. material and EV/Market cap much higher than today!

DYOR
Posted at 19/3/2024 07:38 by qs99
Because 2D as I understand it DSM are winding down their business, so selling ALL the stakes they hold. THAT is problematic for a company of NBB size as a material holding shown to MMs in an illiquid stock could see it halve in value overnight IMO.....desperate seller etc etc....

so offloading it with no material move on share price IMO is a good news story...>DYOR

Now just to offload the other half!

Cheers
QS99
Posted at 25/8/2023 10:29 by 1focusrite
It was, would seem every time NBB heads in the right direction someone small trades/sells it back down..... what is the point in that? Just sell up and get out or stick with it
Posted at 23/5/2023 11:49 by tankerton
Downing issued their results the other day. They have NBB down as a turnaround/takeover situation which pretty much sums things up.
Posted at 02/11/2022 10:56 by 1focusrite
It would seem Kevin's tuned a few lights off in his time, and I was right to have such concerns when the RNS came out about Kevin Davidson being appointed CEO in September 2021; it had some painful examples of lights being turned off for sure:

Mr. Davidson was also a director of GB Petroleum Limited from July 2010 which was put in to compulsory liquidation on 6 August 2012. The liquidators received claims of approximately £3.74m from unsecured creditors which was unpaid due to the realisations from the liquidation being insufficient to declare a dividend to the unsecured creditors. The company as wound up on 9 May 2017 and dissolved on 26 August 2017.

Mr. Davidson was a director of Maxwell Drummond International Limited from January 2007 to April 2016, which was put in to compulsory liquidation on 24 April 2016. The company was wound up on 2 November 2020 and dissolved on 4 February 2021.

Mr. Davidson was also a director of Maxwell Drummond International Group Limited from June 2008 to April 2016, which was put in to compulsory liquidation on 21 April 2016. The liquidation is currently ongoing.

Let's hope this is not a trend.

Not what you would have expected the board of a listed business to sign off on; or the stockbrokers.

The board will have a lot to answer for if this goes under, or maybe not....

The CFO might have resigned already; however, being the only other Executive (I think) along with Kevin Davidson, now that Peter Searle is distancing himself and has quit the Executive Board, the CFO will struggle to shake this off if it folds.

Looking back at the older RNSs, in November 2020, they announced securing a financing facility with Metro Bank PLC to the tune of £1,500,000. Metro Bank must now be looking at this as a significant risk in offering this level of facility to a business with a market cap of only £2.2m; especially considering how much other substantial debt there is.

Whatever is going on, it sure does not look good - with the challenging global market dynamics, cost of capital, and rising interest rates, it is tough to see this going anywhere soon....
Posted at 11/7/2022 11:29 by battlebus2
That’s a favourable update from NBB this morning. New offices to open so maybe we will see some traction on that increase in revenue.
Posted at 25/5/2022 17:56 by battlebus2
WHI view: We have no formal forecasts in the market for NBB; however we see a considerable opportunity for growth, with increasing levels of income connected with the core activities dropping through to the bottom line, while the company has also continued to grow its platform (five new fee earner hires already in the first couple of months of 2022). With an eye to the future, NBB is also looking at the (longer term) full range of growth opportunities, including partnerships and other potential growth drivers in a consolidating market. We note the expectation of positive EBITDA in FY22E and anticipate recommencing formal forecasts for NBB in due course as the business is clearly set on a marked recovery / growth trajectory.
Posted at 25/5/2022 17:43 by twodegrees
Norman Broadbent expects to see "solid momentum" despite decrease in revenue(Alliance News) -
Alliance News25 May, 2022
(Alliance News) - Norman Broadbent PLC on Wednesday said it expects to see a "solid momentum" into the next financial year despite a drop in revenue.

In 2021, the London-based recruitment firm said it saw positive annual earnings before interest, taxes, depreciation and amortization before restructuring costs.

Pretax loss widened to GBP573,000 from GBP193,000 in the previous year.

Revenue fell to GBP6.5 million, compared to GBP7.8 million the year before.

However, the firm returned to growth in the fourth quarter with 20% year on year improvement in net fee income for the quarter and a 38% increase on the average for the first three quarters.

"There is a very high level of engagement and growing momentum within the business which is generating better outcomes for clients, higher net fee income per individual whilst also enhancing our employer brand proposition through a more cohesive, dynamic and energised culture," the company noted.

Chief Executive Officer Kevin Davidson said: "We delivered a very robust [fourth quarter] whilst greatly strengthening leadership and fashioning the changes needed to bring Norman Broadbent back to a leading position in executive search and interim management in the UK and internationally. Great strides have been made and we are excited about the future at a resurgent Norman Broadbent."

Norman Broadbent did not declare a final dividend.

Shares were down 7.7% at 6.00 pence each on Wednesday afternoon in London.
Posted at 26/5/2021 09:55 by tankerton
As I said before, NBB are trying to add scale to their business but they are a small company in their sector which has much bigger players. The sector has suffered during this pandemic and they can see that NBB has fared much better. If other companies decide they like the NBB business model and don`t want to spend 3-4 years developing their own, then a take out of NBB would make sense.
Peter Searle picking up 6% of NBB is indicative of interest in NBB by others in the sector and given the undervalued nature of its shares, a take out can not be ruled out.

Your Recent History

Delayed Upgrade Clock