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NAK Nakama Group Plc

1.225
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Nakama Group Plc LSE:NAK London Ordinary Share GB0004251970 ORD 0.01P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.225 1.15 1.30 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Nakama Share Discussion Threads

Showing 301 to 323 of 625 messages
Chat Pages: Latest  13  12  11  10  9  8  7  6  5  4  3  2  Older
DateSubjectAuthorDiscuss
23/11/2018
09:44
Patience here -

Good luck chaps -

It is good turnaround situation with 2 MAJOR shareholders pushing the company -

dyor -

tomboyb
23/11/2018
09:30
An intriguing special situation, have decided to dip my toe in
mr hangman
23/11/2018
08:11
With a £1.38 mil cap it's not going to take long before there is a squeeze here as more and more stock goes in sticky hands.

Over 50% held with big holders and I do not think any of them are now selling despite a couple happy to lower their holding to give First Point a 24% holding

I myself have 1.45 million which is over 1.2%

dave4545
22/11/2018
23:58
Well remembered hastings! Younger posters will wonder what we're going on about.
Be seeing you!

iamnotanumber6
22/11/2018
22:19
Well iamnotanumber6, you are a free man, you obviously will not be indexed, stamped, briefed or debriefed. You're decision, is your own!!
hastings
22/11/2018
20:06
Yep, at some point you will double your money perhaps more so welcome

This cannot stay at £1.35 mil cap forever making that kind of profit in 6 months.

dave4545
22/11/2018
17:07
The last 250k was mine - been watching this since the big rise, and couldn't resist a small dabble. An intriguing special situation!
iamnotanumber6
22/11/2018
16:28
Does seem to be a 250-500k buyer sniffing around waiting for some weak traders to sell and then picking up a little bit of size on the cheap
dave4545
22/11/2018
07:59
Some thoughts on Nakama's potential. Thanks to anyone who takes the time to read.

hxxps://cube.investments/nakama-group-nak-recruiting-for-profit/

@vilage_idoit

vilage_idoit
21/11/2018
21:41
Nakama Group (NAK) – Recruiting for profit
Michael TaylorNovember 21, 2018 12:47 pm 0
Nakama is an international recruitment business that has been listed since 1999 (previously Highams Systems Services Group). It previously traded in Australia until the closure of its Melbourne and Sydney offices in order to focus on where they can ‘own’ the market. Currently, Nakama has offices in London, Hong Kong, and Singapore. It remains firmly in nano-cap territory (latest share price of 1.2p, market capitalisation of £1.5 million).

The Highams business (established since 1983) specialises in business and technology within the insurance and wealth management sectors. Nakama operates in the digital and creative sectors for marketing, media, and technology. The business has been on my watchlist for a while as they have previously struggled to turn the business around; however, since new CEO Andrea Williams came in we have seen clear operational progress.

The opportunity

The FY 2018 results saw a significant reduction in revenue due to the loss of a high volume client in Australia. The Melbourne office was closed, and since these results the Syndey office has also closed. These businesses were not performing well and a focus on the offices that are performing strongly should benefit Nakama in the future. A goodwill impairment of £478,000 was recognised and this was a complete impairment of all outstanding goodwill values, providing a clean slate for the future. As of the Final Results, the company was generating net cash but this was after movements in working capital. Whilst decreasing trade receivables is good if we looked at the cash position before these movements the company was actually consuming it.

The most recent interim results (released yesterday) have now shown a change of £226,000 net cash generated by operating activities before movements in working cash. This should mean that the company will not require any cash calls and avoid the discounted placings that are so often needed to keep the lights on at many AIM companies.

The Hong Kong market has continued to grow and Singapore has performed ‘solidly’;. The London business has struggled but is now coming through its restructuring phase with more short term headcount falls, and permanent recruitment revenues are expected to increase. In the future, headcount is expected to rise as the business implements its new growth strategies. The company reported net profit of £186,000, and if we assume only minor growth and full year net profit delivered £400,000 then the business would be trading on a PE of just under 4!

Technical Analysis

Nakama is now trading above all moving averages and recently saw a volume spike as First Point Group took 24.17% of equity that was (I believe) placed from Paul Goodship and Rob Sheffield.



(Source: SharePad.)

The price would need to break out from its previous high of 1.7p and then test the 2p resistance. A break of this would be incredibly bullish as the price would be well over 100% from its lows and confirming the uptrend backed by improving fundamentals. The stock is illiquid, and this must be considered in a stock that typically registers only a few trades per week!

Conclusion

I believe there is money to be made by materially changing your mind when the facts materially change, and after watching Nakama with interest for months I have finally entered the stock. It is never going to be a large position, but this is an interesting company that has removed the overhang of stock, is generating cash, and is net profitable with no goodwill impairments to come.

dave4545
21/11/2018
15:18
Somebody got a good price for 250k at 1.17p
dave4545
21/11/2018
08:11
Here come the idiots.

Selling a 1.4 mil company that has just made a great profit in 6 months.

The mm's will be loving this

dave4545
20/11/2018
16:15
250k was not me

1.125-1.3p

250k left at 1.3p which is basically the 509k the mm bought, if he gets that took out he makes around £800 profit...not bad eh

dave4545
20/11/2018
15:15
I remember Dave well from Bagir and the grief he took. A gentleman imo Was actually disgusting some of the comments directed at him. We dont always call them right but not difficult to sift out the sincere from 'scum'.
theaviator
20/11/2018
14:56
Perhaps you should also warn SH & Firstpoint
theaviator
20/11/2018
14:54
Wouldn't buy this junk even with your cash
letmepass
20/11/2018
14:49
Im holding - must be a mug then.
theaviator
20/11/2018
14:49
LMP

That was not you that bought the 509k was it ?

Hope it was, cannot see you lasting long in this current market

dave4545
20/11/2018
14:46
I find it astonishing and shocking that two of the worst pump and dumpers on this site over the last 15 years now the most followers on twitter and just have to mention any stock and unlimited mugs will buy it allowing them to make a quick 10% instantly.Bonkers.ps..dave pumped and dumped SKIN for £20 last week...
letmepass
20/11/2018
14:21
I remember being the only one in TYM at .54 before the rise. Was laughed at. Went to 5p! Wont take long to get this moving imo
theaviator
20/11/2018
14:20
hxxps://www.nakamagroupplc.com/significant-shareholders

Over 48% held by Sheffield hayworth and Firstpoint -

tomboyb
20/11/2018
14:17
Dont mind it they do drop it Tony, get some more - havent seen one as cheap with so much potential growth like this for ages.
theaviator
20/11/2018
14:15
I hold 1.4 million now tomboyb

If the markets go dire then so be it.

I can trade other stuff and get by and I will hold the value stuff. This and skin with tiny market caps I think will deliver great returns. I hold plenty of other cheap stuff too with larger valuations.

Look at the % leaders board people are still chasing the spikes trying to get rich.

I still cannot believe the madness of that 509k paying a premium to get the size then selling for a discount to get out. Do you reckon they have lost the rest yet ? :-))

dave4545
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