||EPS - Basic
||Market Cap (m)
|Software & Computer Services
Nasstar Share Discussion Threads
Showing 4476 to 4499 of 4500 messages
|Meeting expectations crucial to re-establishing credibility|
|One of my smallest holdings, nevertheless things management seem to be managing the operations well.|
|I was expecting a more positive market reaction after what seems to me to be a pretty good TU overall.
Perhaps the company is just below everybody's radar.|
|Decent trading update - accept that there will be swings and roundabouts in individual units and at least they 1) come clean and 2) made up for it elsewhere. Hopefully corrective actions for VESK can be undertaken.|
|Overall the trading update is fairly good. It is a pity that VESK didn't meet its expansion targets.|
|I bought into this one in a small way some time ago and currently am down about fifteen per cent.
I am sticking with it mainly because of the Kestrel involvement, however I will wait for the price to move up a bit more (hopefully)before buying any more even though that will mean me paying a bit extra.|
|a little top up of an additional 57k shares this morning. Looking forward to trading update.|
|Yes, things progressing nicely. It looks like integration of the acquisitions is going well and the new MD has been a good appointment.|
|Fairly encouraging interims. Modrus should bulk them up and justify increases in management expenses.|
|Trading update due Monday.Comments on increased sterling costs v cost synergies and sales [gains hopefully] are the key for me. Early days for news from the Modrus acquisition. If they make further acquisitions I do hope they have a rights issue/open offer, whatever happened to the preemption principle...|
|Rights issues have become very expensive to present thanks to EU Law|
|Placings are never to the advantage of private investors. I always vote against giving companies the authority to do them. If the intention is to make acquisitions why can we not have a rights issue well in advance of funds being needed.|
|Read Northland Capital Partners's note on NASSTAR PLC (NASA), out this morning, by visiting hxxps://www.research-tree.com/company/GB00B0T1S097,
"Cloud software services provider Nasstar is showing the benefits of its acquisition programme and it is investing in widening the range of sectors where it has a strong market position. Contracted monthly recurring revenues have increased from £942,000 to £1.2m during the year despite the loss of a couple of large customers. Recruitment, legal and financial services are the main sectors where Nasstar has a particularly strong market position..."|
|Apologies richjp, I was referring to ThomastheTank1 who had made an appearance on both NASA & 7Dig.|
I have not posted on 7DIG as far as I know and having had a look at some of the more recent posts there briefly I could not see a user name similar to mine.
Most of my waffle is now usually where Kestrel have a stake and in particular GHT which is my largest holding.|
|Video interview with Nigel Redwood
Nasstar PLC (LON:NASA), the cloud service provider, increased adjusted pre-tax profit in 2015 and that is thanks to benefits of integrating acquisitions, its chief executive Nigel Redwood tells Proactive Investors.
Nasstar is cautious not to make acquisitions for growth alone and seeks key strategic justifications. Its most recent acquisition, VESK, in late 2015, the company found several benefits, including James Mackie, the founder whom Redwood was keen to get on board and has appointed Group Sales Director.
But organic growth is also important to the future of the business. “Hence, in 2016 we are putting a lot of investment into sales and marketing. To re-launch under one umbrella brand name which will be Nasstar,” he says.|
|Been a long term holder here as well richjp, I'm hoping the long term goal here is a takeover at 20p. I had also read FinnCaps morning note ThomasTheTank1 and look forward to a full brokers note in due course. (I have also noticed you have appeared on the 7DIG board - one for the brave but finnCap have a target of 38p and Investec 32p , so lots of uplift potential!)|
|I bought some time ago and have added today. Kestrel have a holding here and I normally follow them when I can.
There was a positive write up in Shares mag about four weeks ago or so, saying that the acquisition was in effect a reverse takeover and could transform the company.
It did say that if the results were good in April and they did emphasise "if", then things could be very good indeed in the future. It seems that the results have lived up to expectations and the fact that they are paying a divi, albeit a small one, suggests confidence in their cash flow.
I am a bit down on my initial purchase but am not bothered about that. I am not a trader and am prepared to bide my time and may possibly add again if all goes well.|
|Read finnCap's note on Nasstar (NASA), out this morning, by visiting www.research-tree.com …
“Prelims reveal performance in line with January's trading update, delivering adjusted EBITDA of £2.9m (vs £2.9mE) from revenue of £13.8m (vs £13.7mE), and net debt better at £5.1m (£5.5mE). Prospects remain strong, and board confidence is expressed through the maiden dividend, as well as investment to accommodate a deeper management layer and the initiation of an enhanced marketing plan to relaunch a single brand and maximise organic growth: FY16 EBITDA moves from £3.8m to £3.5m, while maiden FY17 forecasts benefit from the investment, delivering 31% adjusted PBT and EPS growth from 13% revenue growth…”|
|Looks a sensible acquisition. Not sure I like the amount of cash being used.|
|Kestrel upped their holding again........ Hmmmmm CSI has a lot of cash at the moment and Royde (from Kestrel) is on the board there.|
|Could this get worse? Loss of largest customer overall and loss of MS revenue from largest direct client. Any insight on this. Who is the client that was acquired in August 2014?|
Did they actually say divi in 2016 or is that just your opinion? I could not spot such a statement in the results.
This is a share where Kestrel Investment have an interest and I have usually done OK when following Kestrel. I purchased some time ago and am still down slightly, but after today's statement and the positive view from TechMarketview I think another good set of results should get the share price moving.|