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NSB Nsb Retail

38.00
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Nsb Retail LSE:NSB London Ordinary Share GB0001570695 ORD 2P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 38.00 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 38.00 GBX

Nsb Retail (NSB) Latest News

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Nsb Retail (NSB) Discussions and Chat

Nsb Retail Forums and Chat

Date Time Title Posts
09/11/201118:26NSB - 20046,764
07/11/201121:35NSB 20063,373
04/11/201117:10NSB: 20055,871
07/10/200810:27NSB 20073,413
21/8/200711:49NSB 20085

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Nsb Retail (NSB) Top Chat Posts

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Posted at 07/11/2011 18:42 by calamity
High nashwan123...nice to hear from you after so long...didn't think anyone still haunted these boards since NSB sold out...in case you were wondering...I've been using the NSB threads for an exercise in posting pictures...without taking up space on those I frequent now albeit occasionally...can't get the same verve as I did here all those years ago.... as you can see from the dots of editing without great success...keep getting the box with the red X inside and no picture...I've been trying to resurrect the old NSB loco that timsnaps posted all those years and posts ago....I've been trawling through the posts for the 3 years of postings...may I say not reading but flicking through only to find one post of tim's with a box with a red cross in it....must have been auto removed after a set time I suppose....yes I am fine how's yourself...haven't seen to much of the gang from here and probably have forgotten over the past 4 or 5 years who some were now....badabing is now monkey puzzle....but I see timsnaps hasn't posted on anything since 2008 was his last post under that sudinime ???..well it sounds about right and you get my drift....hope he is well and posting under another name....when I looked back at these posts and my postings I cannot believe It's me after so long...yes I've been very quiet for a long time...I'm now in XTR, TOM, RRL, CAZA...TOM currently is in a booooommm time as you can probably see I have just over 1m at average 1.1p so well pleased to make up for my disaster in JRVS Jarvis...lost £60,000 there 20 months ago and lost all verve as you can imagine...it was sudden the banks removed all funding for the company without any indication anything was wrong....however there you are what will be will be...but am now on the up with those I've got into now....after NSB and RTD went into as I say JRVS GBG and TMW...now out of all...best wishes to you and see you around perhaps...those were the days though weren't they with NSB and RTD...
Posted at 07/11/2011 00:57 by nashwan123
Hi Cal I waited for the big takeout in NSB that never really came. Have since moved onto BLNX, MONI and PDX. What are you into these days? I hope you are in good health too.If I recall you went off the airways a few years back.
Posted at 08/1/2008 16:30 by timsnaps
Happy, healthy and prosperous New year to all! It's also Au revoir as I sold my little lot just a couple of days after the announcement before Christmas.

Didn't seem much point in hanging on as I couldn't see a counter bid coming. and the money has been gaining interest elsewhere ever since. We had been waiting so long for a bid it seemed unlikely there would be two.

I have to say what a waste of time and effort the last 3 years have been with NSB. For a long time I had threequarters of my investment money in NSB and I think it was the share overhang that killed the share price rising. Every year they came out with good figures and were cash rich, but the price stubbonly refused to budge as into any rally there were sellers. Having reduced my holding a year ago, I finally gave up a month before the offer as the share price dropped and sold all but 10,000 just to keep an interest.

Talk about timing! How unlucky can you get! Still, not going to top myself, but damn annoyed!

Well done to all those who held on. The way my luck has gone with NSB you may well get a further bid now. LOL

Anyhow, good luck to everyone with their future investments and it's been good to chat with you.

Regards

Tim
Posted at 21/12/2007 18:57 by calamity
Yes mark....who's buying those wadges....BT to help scupper the bid....or one of the holders pro the bid....to help along the bid....but either way surely we will be due an RNS......there's enough being issued....but they are often wrong...just look at the 2 recent for Axa etc.......today a holding of 5,018,991 a holding of 1.19% LONG after a sale of 500,000........2 days ago Axa etc....a holding of 5,018,991 a holding of 1.33% LONG after a sale of 600,000.......

Rule 8.3- NSB Retail Systems




RNS Number:4750K
AXA Rosenberg Invest. Man.
21 December 2007


FORM 8.3



DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE

(Rule 8.3 of the Takeover Code)



1. KEY INFORMATION


Name of person dealing (Note 1)


AXA ROSENBERG INVESTMENT MGT LTD


Company dealt in


NSB RETAIL SYSTEMS


Class of relevant security to which
the dealings being disclosed relate
(Note 2)


ORDINARY SHARES


Date of dealing


20/12/07




2. INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE



(a) Interests and short positions (following dealing) in the class of relevant
security dealt in (Note 3)


Long Short
Number (%) Number (%)


(1) Relevant securities 5,018,991 1.19


(2) Derivatives (other than options)


(3) Options and agreements to
purchase/sell


Total 5,018,991 1.19





(b) Interests and short positions in relevant securities of the company, other
than the class dealt in (Note 3)


Class of relevant security: Long Short
Number (%) Number (%)


(1) Relevant securities


(2) Derivatives (other than options)


(3) Options and agreements to
purchase/sell


Total



(c) Rights to subscribe (Note 3)


Class of relevant security: Details





3. DEALINGS (Note 4)



(a) Purchases and sales


Purchase/sale Number of securities Price per unit (Note 5)


SOLD 500,000 .3725




Rule 8.3- NSB Retail Systems




RNS Number:2480K
AXA Rosenberg Invest. Man.
19 December 2007



FORM 8.3



DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE

(Rule 8.3 of the Takeover Code)



1. KEY INFORMATION


Name of person dealing (Note 1)


AXA ROSENBERG INVESTMENT MGT


Company dealt in


NSB RETAIL SYSTEMS


Class of relevant security to which
the dealings being disclosed relate
(Note 2)


ORDINARY SHARES


Date of dealing


18/12/07



2. INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE



(a) Interests and short positions (following dealing) in the class of relevant
security dealt in (Note 3)


Long Short
Number (%) Number (%)


(1) Relevant securities 5,018,991 1.33


(2) Derivatives (other than options)


(3) Options and agreements to
purchase/sell


Total 5,018,991 1.33




(b) Interests and short positions in relevant securities of the company, other
than the class dealt in (Note 3)


Class of relevant security: Long Short
Number (%) Number (%)


(1) Relevant securities


(2) Derivatives (other than options)


(3) Options and agreements to
purchase/sell


Total



(c) Rights to subscribe (Note 3)


Class of relevant security: Details





3. DEALINGS (Note 4)



(a) Purchases and sales


Purchase/sale Number of securities Price per unit (Note 5)


SOLD 600,000 .3725


Do these people employed by these companies ever get anything right.....probably some illigle immigrant on a low wage...unable to comprehend maths or for that matter English.....God help this country in future....

geng...probably non of us can really grumble...BUT...it could have been much better....as you say we could all have sold out 3 years ago for the same price....but the company wasn't in as good a position as it is now....and the share price was as it is.....we all thought then this was going places.....the share price has been manipulated over the past 4 months or even longer....and we are back with an share price that reflects no growth over that period.....I wonder where Nickie is at the moment.....orchestrating things in the background no doubt....

HAPPY CHRISTMAS LADS & LASSES........AND A VERY PROSPEROUS NEW YEAR TO ONE & ALL........

I hope to have the Ol' NSB Loco up and running in the New Year for all of us to ride to a new dawning.........where there's a will there's hope.....
Posted at 18/12/2007 11:25 by calamity
Hope not bozicle....well that makes 2 of us that will lobby outside the NSB offices over xmas....well perhaps not go that far....

Did anyone notice the error in the RNS issued at the announcement....

NSB Retail Systems agrees 160.1 mln stg takeover offer from Epicor Retail




LONDON (Thomson Financial) - NSB Retail Systems PLC said it has agreed to a
160.1 mln stg takeover offer from Epicor Software Corporation unit Epicor Retail
Solutions Inc.
NSB's shareholders will receive 38 pence cash per share, a premium of 61.7
pct to the closing price of 23.50 pence on Dec 12.
Epicor non-executive chairman Angus Monro said NSB's product-set and
customer-base should greatly strengthen Epicor's existing position in retail
software, and enable it to be leveraged internationally.

TFN.newsdesk@thomson.com
ssh/ukn/slm

Epicor non-executive chairman Angus Monro....?????????

I started a post with this in mind thinking the RNS was correct....thinking he held offices in both companies....however then found different....do they ever get these things right.......

Looking quiet today.......lul before the storm perhaps.....or wishful thinking.........well It's all up for grabs aint it.....come on BT show your hand.......It's peanuts to you...50p a share will only cost you 200M plus and it will be all yours and no royalties to pay AND an entry into the US and Canadian markets....what more do you want....going...going...gone to that man on the phone.....
Posted at 16/12/2007 11:24 by joey_the_lips
NSB up on bid approach
Related Companies
NSB Retail
Related Indices
FTSE All-Share
FTSE Small Cap
techMARK 100
techMARK
Related Sectors
Software & Computer Services

Date: Friday 14 Dec 2007

"LONDON (ShareCast) - Shares in retail software specialist NSB Retail climbed sharply today after the announcement of a bid approach just before the close of trading yesterday.

"The board of NSB has noted the recent rise in the company's share price and confirms it is in discussions which may or may not lead to a recommended cash offer being made for the company," it said in a very brief statement."

In September, the US-focused group posted interim revenues up 8% to $46.0m (2006: $42.5m) with profit before tax up by 49% to $10.6m (2006: $7.1m). "


Just in case you thought you were dreaming. LOL

charlie
Posted at 15/12/2007 21:35 by timtom2
Thoughts, probably also posted by a.n other holder or 2:

1) The price has recently been pushed down (somehow) to make a low offer look good.

2) The buyer wants to get an offer accepted prior to the results whenNSB might get a slight re-rating if the results and forward look are good.

The buyer obviously wants NSB as cheap as possible.

Were there some sales from Hermes or the BT Pension fund a short whle back, some of which where then bought back by the fund??

Could that have been part of a share price price pressure ploy?
Posted at 15/12/2007 17:05 by loafofbread
If anyone is interested or wasn't here, below is the old BT deal. Notice the date 19 Dec. End of financial year obviously a good time.

This deal took 12 months of talking before it was signed and hit the market without one leak or whisper!

Food for thought?

Nsb Retail Systems Acquisition




RNS Number:4632T
BT Group PLC
19 December 2003

19 December 2003


NSB Retail Systems PLC BT Group plc


Sale of NSB's UK Operations to BT and exclusive Distribution Agreement

The Boards of NSB Retail Systems PLC and BT Group plc announce that they have
reached agreement for BT to acquire NSB's principal UK operations for cash
consideration of #17.0 million and to become NSB's exclusive distributor in the
UK and Ireland.


The principal terms of the Transaction are:


* BT will acquire most of the UK business assets of NSB in a cash deal worth
#17.0 million.


* BT will become NSB's exclusive distributor in the UK and Ireland.


* BT will become NSB's non-exclusive distributor in other territories in
Europe, the Middle East and Africa.


* BT will take responsibility for NSB's rights and obligations under its
existing customer agreements.


* 148 NSB employees will transfer to BT.


* NSB and BT will work together in the future to develop new products and
services for retailers of all sizes.


* NSB will retain all the rights in its existing and future software.


* NSB will receive licence and support fees from BT based on BT's sales of
NSB software.


* 10% of the consideration (#1.7 million) will be retained to be paid
contingent on achieving specified transition milestones, and the total
consideration amount may be adjusted to reflect working capital movements
prior to closing. An adjustment will be made if the working capital deficit
is greater than #1.0 million or if there is any working capital surplus.


* The Transaction is subject to the approval of NSB shareholders at an
extraordinary general meeting to be held on 5 January 2004. Shareholders
owning 54.4 per cent. of NSB's shares have irrevocably undertaken to vote in
favour of the Resolution.
Posted at 13/12/2007 21:49 by markinthepark
Probably worth re-reading this from 01 November......I'm sure EJ will providing an updated review soon on today's bid news....and remember NSB has £17m in cash in the bank......and zero debt...what a great aquisition target this represents....

"The difficulty with bid speculation however is anyone contemplating an offer likely having to pitch it much higher than current market value...."


NSB: A good risk for the patient

Edmond Jackson

01.11.07


Among 'special situation' themes that may offer investment value, a current one is UK-listed smaller companies with most if not all their business in the US. This is a tricky area of the stockmarket because you are engaging shares that are well out of fashion and may stay so for a good while; but it is an interesting one for small cap investors who like to examine where market pricing is out of line with intrinsic value.

If you look at charts for both Superscape (SPS) - the mobile games publisher - and NSB Retail Systems (NSB), the retail software group, both shares have plunged. Superscape has a genuine reason in reporting lower than expected sales, and dollar weakness (which undermines the value of profits/assets for UK investors) has affected many UK-listed firms operating in the US. The downward trend for small cap shares is exacerbated as investors cut losses in the order-driven SETS market, brokers drop coverage due to lack of buying interest, and this kind of share ends up cold shouldered. Realistically, a re-rating then needs a progression of strong trading results to offset the weak dollar, or a bid.


Growing software sector

NSB merits following because the US retail software sector continues to grow and worthwhile cost/revenue initiatives are being taken by the group's new chief executive. One US independent analyst has projected annual growth of about 10% over the next five years, in specialist software for stores and merchandising. Retailing is a dynamic business and in the US especially, logistics keep changing and improving, hence opportunities for IT providers. NSB is also making better progress internationally, with this as a priority.

Although a new CEO usually provides a prop for confidence, since David Henning's appointment was confirmed last March and he took control in June, NSB shares fell over 25% to 22p. Amid the fall, a non-executive director bought 50,000 shares at 27.75p in May, possibly a reflecting belief in NSB's overall intrinsic value, however currency factors sharpened against the business. NSB's Canadian operating base for US sales has meant rising costs versus lower revenues, with the Canadian dollar strengthening versus the US. The fall still looks severe. De-ratings are justified when there is the likelihood of a new boss declaring various exceptional charges in a restructuring, yet NSB has no such risk. Its 11 September interims (to end-June) showed a financially robust business in decent health.

Despite modest, 8% revenue growth to $46 million in the first half-year, licence orders rose by 74%, adjusted operating profit by 23% to $10.5 million, pre-tax profit by 49% to $10.6 million and normalised basic earnings-per-share by 11% to 2.45 cents. For UK investors, currency depreciation removes some of the shine, dulling revenue/EPS growth in single percentage figures, but there is still a respectable business here. NSB has paid a $0.55 cent interim dividend and cash balances rose $1.3 million to $34.6 million. Costs are under tight control and there is no debt.

I think it should be possible to target at least £10 million profit for 2007 even after adjusting for adverse exchange rates, and the equivalent of 2.5p to 3.0p earnings-per-share.


Risks

Two major risks are involved. If the slump in the US housing market seriously affects consumer spending and retailers have to batten down hatches, this could involve deferring capital spending such as IT. Secondly, there is the off-chance of a capitulation in the dollar if international investors (especially the Chinese) stop supporting the US Treasury bond market hence the country's overall finances. But in such a financial disaster scenario, plenty more shares would plunge.

These factors still do not account for why NSB shares trade on a price-earnings ratio likely in single figures, for its earnings progress during 2007, relative to ratings in the teens for comparative US shares such as JDA Software. Admittedly, JDA has achieved 13% revenue growth in its third quarter, relative to 8% for NSB's first half, but timing issues affected NSB (for example a higher proportion of solution business, which is accounted for on a percentage of completion business) and remember NSB's 74% recent rate of growth in software licence intake.

International expansion is a prime development focus, with 'significant' business being won in continental Europe and a large client won last year in Australia and New Zealand. Two further significant contracts recently suggest progress is being achieved and a specific executive appointment has been made to drive this. Hence double-digit revenue growth ought to be realistic in the long run.


Over-sold

At the time of writing, NSB shares have risen by 2p to 24p, which may indicate the market is starting to appreciate an over-sold share. NSB's capitalisation has only recently slipped below £100 million and the shares' normal market size is 50,000, hence decent liquidity. Yet among 3%+ shareholders, there appears only to be Aberforth Partners left. Selling down by UK institutional holders deciding not to retain a relatively small stake in a North American business may also help to explain a sluggish market in recent months if not years.

At 24p per share, NSB is capitalised at £91 million with annual turnover about half that, so the price-sales ratio is potentially attractive to acquirers. The difficulty with bid speculation however is anyone contemplating an offer likely having to pitch it much higher than current market value, so realistically it is not as if the low share price makes NSB especially vulnerable.

Overall, despite the nagging risks of currency factors and the US economy, NSB has an attractive risk/reward profile in a 20p share price range. Holders are likely to need ongoing patience but stand a fair chance of upside.
Posted at 03/12/2007 10:50 by markinthepark
imo MM overdid the falls last week and are correcting the share price as they have received 300,000 buy orders today and took on a shedload of sells last week......nice easy money for them to turn these over so quickly......in the long term I still believe that the share price at these levels is cheap (although cheap does not always mean good value).......300k of buys at these prices is still small beer in £££........SP could easily give it all up again today or tomorrow or move ahead to 24-25p the bid.....all rather speculative without any news due for the next month.......
Nsb Retail share price data is direct from the London Stock Exchange

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