Ncc Share Discussion Threads

[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.

[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.

[boadicea] 17/11/2020 16:04

Another higher 'low' in the chart. Looking good.
Now need to get to 210p in the next few days...
... then 220p by the end of the month for a likely position in the ftse250.

[a2584728] 17/11/2020 11:36

Someone is accumulating stock

[deputy303] 06/11/2020 16:06

Up and down like a yo yo

[boadicea] 06/11/2020 14:50

At the end of October a share price of 202p would have qualified NCC as a candidate for the FTSE 250 index. The next qualifying date is not until 2nd December and anything could happen before then. My estimate is that a number of existing 250 stocks will have suffered rather more from the covid lockdown than seems likely for NCC and that we are likely to enter (possibly re-enter as I assume we have previously been in it).

Entry competition includes other strong candidates, notably BIOG.

In this context the Montanaro investment [see yesterday's holdings rns] is interesting as they specialise in smaller companies. Perhaps they hope to make a turn by warehousing NCC for selling on to index trackers following our entry.

[a2584728] 06/11/2020 11:23

I would not be short of this stock right now

[boadicea] 06/11/2020 08:21

Last night's closing auction for 5273416 @ 209p was well out of line with prior trading and it surprises me that it didn't trigger a pmr. There was a later signficant trade at 208+p. I think 210p, possibly 220p, beckons as someine is clearly keen to build a position (or very unwisely short?)
No doubt all will become clear in due course. No time to sell imho.

[deputy303] 05/11/2020 18:00

Hope so fingers crossed see what tomorrow brings

[a2584728] 05/11/2020 17:04

Looks like we could be off from here

[deputy303] 05/11/2020 16:59

Nice rise end of day crashed through £2

[boadicea] 04/11/2020 20:20

A recent closing high today, although it was higher intraday and still below the intraday high of 199.6p on 12th Oct.

Tomorrow is problematic in terms of US politics and could rob us of the chance to puncture the 200p barrier. However, markets sometimes react strangely/perversely so who knows!