Ncc Share Discussion Threads

[deputy303] 11/3/2021 11:47

Heading to £3 I hope

[boadicea] 11/3/2021 09:36

FT250 news was probably widely missed, being after hours and not repeated at 7am today.

[deputy303] 10/3/2021 18:18

Good news ncc in footsie 250

[boadicea] 10/3/2021 18:06

A little surprise here!
HTTPS://uk.advfn.com/stock-market/london/ncc-NCC/share-news/FTSE-Russell-Alternative-Credit-Investments/84546046

So we're in.
I'm not sure why we have been preferred over SEIT.

[a2584728] 10/3/2021 07:08

Nice to see.

[boadicea] 18/2/2021 15:56

Unfortunately its FTSE 250 chances don't look good. Based on the position at close on 10th Feb, which may change of course (review date is 3rd March), it looks at first glance to be in reserve position 2, behind Mitie Group. However, there are currently four candidates for direct entry to the 250 arriving over the past quarter (DOCS, AIBG, MOON and BYIT) and just one promotion (CHRY) which would take up the two compulsory demotions (PFC and BCPT) and force 3 balancing demotions (NESF, RNK and FSFL). Before either Mitie or NCC could enter from their current positions the 3 balancing demotions would have to be rescinded, so in effect they are standing in reserve position 5 with no balancing promotions from the 326-375 band likely to become available.

On the other hand, a surge to ~280p might do the trick!

See
HTTP://www.stockchallenge.co.uk/ftse.php
for full details.

[sphere25] 10/2/2021 13:25

Looks expensive this, had a big run up. There are some big buys going through at 260p and I was just wondering what the reason could be. Clearly the market is still willing to pay up for the forward potential but another reason could be that NCC looks very close to getting promoted into the FTSE250. I'm sure it was part of the 250 in the past, can't fully recollect.

Nonetheless, NCC, MTO, TYMN and RCH look contenders at the moment. It's still too early to call the eventual promotions in early March, but you often see buying and run ups in the share prices ahead of the FTSE index reviews.

I'll update nearer the time but those are all worth keeping an eye on for bigger buying and moves higher as potential index plays. They have smoothed the whole process nowadays so alot of the price move happens well before the review is announced and very little into the actual Friday afternoon (just prior to the new index changes being implement on the proceeding Monday) change.

All imo
DYOR

[a2584728] 04/2/2021 07:21

Incredible results under any circumstances.

[ilovefrogs] 18/12/2020 17:59

Yep - that's it most likely!

[boadicea] 18/12/2020 17:58

It has been a remarkably strong performer this week.
I had expected sosmething of a Friday retrace on profit taking - perhaps some others had too and got their fingers burnt when trying to close a position! That could account for the late surge but so could other factors as d303 suggests.

Anyway, we are now into the range I was optimistically anticipating and rather quicker than I expected, but we live to be surprised - this time pleasantly for once.

[deputy303] 18/12/2020 15:51

Probably because of hacking in USA

[ilovefrogs] 18/12/2020 15:35

Somethings happening here. We've basically gapped from £2 to £2.70! Anyone hearing anything?

[boadicea] 14/12/2020 16:24

I don't think a lockdown will hurt them tradewise, possibly the opposite, but it will hurt the whole market. So I would expect a relative outperformance rather than an early benefit in the share price which could flatline at best until later in the year.

[ilovefrogs] 14/12/2020 14:14

Covid has actually driven cyber attacks higher, so not sure more lockdowns is going to hurt them.

[boadicea] 14/12/2020 12:48

We seem to have established a breakout from the channel of the last 9 months and look capable of restablishing the previous channel. That may be rather optimistic but would imply settling in to a range of 260-310p to start the New Year.
However there is a probability that rampaging covid figures following the Christmas indulgences will clobber any such hopes, not to mention Brexit disruptions.

[boadicea] 11/12/2020 14:31

The share price is currently testing a major resistance zone. Breakthrough could be a major event but is far from nailed on.... - well, as always until it happens!

[jerseyman1] 03/12/2020 06:56

Thank you boadicea, comprehensive reply. I must have been dreaming!

[boadicea] 02/12/2020 22:04

Jerseyman1 -
As things stood last Friday, it would have required a share price of almost 250p to get us into the FTSE 250 and at that time there were 17 companies ahead of us in the queue of which only the first two would potentially qualify. So the answer unfortunately is an almost certain 'No'.
There are not many 250 dropouts likely this time, possibly only 2 or 3, so correspondingly few new entries.
Here is the list, with NCC at 365.
HTTP://www.stockchallenge.co.uk/ftse.php

[jerseyman1] 02/12/2020 16:20

So does the recent sharp rise in share price mean we will get into FTSE 250 at the imminent review? If so then it's going to add more momentum to SP

[a2584728] 02/12/2020 08:46

And there we go. Through 220 and the skys the limit

[cerrito] 02/12/2020 08:32

I wish other companies would follow their example of clarifying what market expectations are.

[a2584728] 02/12/2020 07:56

Amazing to be at the upper end of forecasts in this climate. Very resilient

[a2584728] 30/11/2020 10:41

Should see a renewed rise over the coming days

[a2584728] 18/11/2020 07:39

Someone is accumulating

[boadicea] 17/11/2020 17:35

60529 @205p on the close.