Nakama Share Discussion Threads

[stegrego] 10/8/2012 08:18

In for an opening gambit at 1.91 this morning.

Thanks for the recent note GHF.

[paleje] 07/8/2012 08:27

Very good reading in this mornings RNS.

[glasshalfull] 07/8/2012 08:24

Preliminary results out & more importantly a nice bullish update on current trading which augurs well for the future.



Current Trading
 
"The Board would also like to comment on current trading.  As at the end of July 2012, Nakama has seen strong progress across a number of fronts during this new financial year and the Board is pleased to report that operating profit before exceptional items, amortisation and depreciation during the first 4 months of the current period is predicted to be close to that achieved during the whole of the last financial year (operating profit before exceptional items, amortisation and depreciation 2012: £232,000).
 
With our new office opening in Singapore in April this year and with the Group seeing much of its growth coming from successful hiring early in the period, the Board believes that the company's infrastructure can support many more consultants than it currently does at present, but without a corresponding and marked increase in its cost base.  The current year has started positively and in spite of the poor general economic outlook, the Group looks to the future with growing confidence."

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Excellent news and suggests that the company with only a current £2m market cap is gaining significant momentum. Also pleasing to see gross margins rising.

On the negative side, trade receivables up sharply. I would have expected as much given that the merger of both businesses and corresponding rise in receivables plus the sharp increase in growth noted for Asia & Australasia also impacting. Certainly an area to watch though.

They certainly appear to operating in a sweet spot and the bombed out share price fails to reflect the potential & some.....all IMHO.

Regards,
GHF

[glasshalfull] 09/7/2012 16:55

Richardjs2 - Different company referred to in your post...not NAKAMA. Hope you didn't use the wrong ticker with any purchase.

Had a chat with the CEO recently & I'd expect results anytime.

Following the trading statement at end of February I'm looking for improved demand in the current financial year and confirmation that the original Highams business is continuing to generate profits and cash to fund the overseas expansion.

At least the shareprice showed signs of life today.

Regards,
GHF

[meict] 24/2/2012 10:47

Just add up the number of shares held by the board, minor institutions and members of Nakama Group and see how few shares are available. Buy discretely and, if possible, often. It would be interesting to know how many shares the Market Makers are holding – not many, they just aren't available.

[dcglim] 25/3/2008 18:16

Website has been refursbished

nakedtrader.co.uk

[toots4] 20/1/2006 16:36

how do i get on nakedtraders page

[banter] 01/3/2005 16:26

whats happened to their web site??