Broker Network Share Discussion Threads

[hectorp] 11/1/2007 09:11

I'm again adding today, a few K. Its not demanding !
ALso no USD exposure, no territory risk, lovely sector to be in.

[liarspoker] 11/1/2007 08:31

When were you first in NJP. I don't recall seeing you here in the early days ( but perhaps that is my dodgy memory ). :O)

Hectorp - I wouldn't be surprised if that day comes.

[hectorp] 11/1/2007 08:21

Absolutely Liarsp.
Sit back and enjoy for the long term.
- THis sort of company should move to full listing at some point I propose.

[njp] 11/1/2007 08:21

Great minds, great minds Liars. For once, I beat you to it! ;-)

[liarspoker] 11/1/2007 08:18

The secret with a share like this is just to hang on to it.

[njp] 11/1/2007 08:18

And I'll be in no hurry to sell even then, Hectorp. This is one share that'll reward patient sitting.

[cambium] 11/1/2007 08:17

well done Liars, I remember you extolling the virtues of this back in January, well done

[hectorp] 11/1/2007 08:16

320p in a week or so, IMO
I suggest the company to issue an 'expect better than' at Finals, in a few months.

[iandippie] 11/1/2007 08:12

Talk about stoopid! I saw the diluted figure, and in my sleepy mind, "heard" adjusted.

Looks like forecasts could be well beaten then.

[hectorp] 11/1/2007 08:11

Thanks Spangle,
extremely bullish results, with excellent earnings. Note the near doubling of fully diluted EPS.
The company will CRUISE throguh to full year, and the share price will act accordingly.
Brokers and would-be partners are obviously pleased to pay higher membership fees, which are working into the figures. Towry Law takeover is an obvious success.

[liarspoker] 11/1/2007 08:07

Nice one. :O)

[iandippie] 11/1/2007 07:58

Cheers NJP.

[geovest] 11/1/2007 07:50

Brilliant set of results! Well done to the management and staff of BNH!!!!!

[njp] 11/1/2007 07:39

13p eps for H1 if one adjusts for amortisation, Ian. I think that'll do it. :-)

[iandippie] 11/1/2007 07:32

So, for a p.e. of 9, BNH need to do 20 eps in H2. Is this what was expected?

[spangle93] 11/1/2007 07:16

Interim results out this morning

ref my last post, I don't see that dip happening on the back of these results!

Operational Highlights

* Acquisition of Towry Law Insurance Brokers Limited for #12.5m
* 1 further acquisition completed making total number of brokers acquired 19
* Pipeline for acquisitions remains healthy
* Number of Network Members increased to 162 from 155
* Strong pipeline of new Network Members
* Progress across the Group continues in line with plans


Financial Highlights

* Turnover increased by 79% to #10.48m (2005: #5.85m)
* Turnover from continuing operations increased by 44% to #7.51m (2005:
#5.22m)
* Operating profit before amortisation up 87% to #2.80m (2005: #1.50m)
* Operating profit up 108% at #2.04m (2005: #0.98m)
* Group operating margin before amortisation 26.7% (2005: 25.6%)
* Profit before tax increased by 71% to #1.94m (2005: #1.13m)
* Profit before tax and goodwill amortisation up 64% at #2.70m (2005:
#1.65m)
* Fully diluted earnings per ordinary share up 74% at 8.10p (2005: 4.66p)

Quote: We now see an increasingly positive attitude from brokers towards a network organisation such as ours. We therefore plan to increase our recruitment
activity in 2007 to exploit this.

[spangle93] 09/1/2007 09:16

Now, if it were a REALLY lovely share, it would do another of those "drop 20p in a day, bounce back the following day" tricks ;-)

[liarspoker] 09/1/2007 09:12

Wot a lovely share. Still cheap though imo. :O)

[carver66] 04/1/2007 12:35

or double top...............?

[liarspoker] 04/1/2007 08:02

New high. :O)

[cockneyrebel] 04/1/2007 07:56

Buying before the open - marked up and breaking out

CR

[liarspoker] 03/1/2007 14:40

Spangles - ADVFN have a Level II lite offer - 12 months for the price of 9.

2 v 1

[spangle93] 03/1/2007 14:32

Could someone with the facility give me a steer where L2 is right now (I was hoping this wasn't going to be a double top).
TIA

[cockneyrebel] 03/1/2007 13:44

Breaking out

CR