Ncc Share Discussion Threads

[bookbroker] 04/4/2017 14:13

I wouldn't be surprised to see another profits warning here, new management normally kitchen sinks the job before he gets his teeth stuck in, just to clear the decks1

[a2584728] 04/4/2017 09:18

Agreed, very cheap here imho.

[boadicea] 04/4/2017 09:09

The share price now seems determined to press ahead disregarding day-to-day market sentiment.
Recent lows were, I think, based as much on fear of what further damage might be disclosed as on what was already known. If we are now on the right path again this share is still seriously cheap imho.

[aishah] 03/4/2017 11:00

Techmarketview:

Chris Stone joins NCC Group as exec chairman

Angela Eager, 09:41, 03 April 2017

Embattled NCC Group is taking action to strengthen its leadership capability following a tough period which saw long time CEO Rob Cotton leave the company last month following a profits warning (see here). The company has announced the appointment of Chris Stone as executive chairman. The plan is that Stone will become a non-exec once a CEO has been appointed.
Stone is well known in the tech sector. Previous roles have included CEO of Northgate Information Solutions between 1999 to 2011 where he led its transformation from a small domestic operator to a global player. Between 2013-16 he was CEO of Radius Worldwide which provided software and services to support high growth companies establish and manage international operations. He is chairman of CityFibre UK, the wholesale fibre specialist that is poised to become a credible competitor to BT Openreach (read the analysis from our SecureConnectViews research stream here). That background in transformation and growth will be called on by NCC Group as it works through its own previously announced strategic review.
In the release announcing his appointment, Stone’s comment was "I am very excited by the opportunity to help NCC Group re-establish its track record of growth,” (the emphasis is ours) which sums up NCC’s position. With its cyber security and risk mitigation assets NCC Group has a lot going for it, if it can get the execution right.
Anthony Miller writes: I've know Chris Stone since way back when he led the erstwhile Digital's Outsourcing Services business in the late '90's. His outstanding claim to fame was to transform troubled IT services supplier MDIS into the thriving success story that was Northgate Information Solutions, stepping down in 2011 after 12 successive years of increased profitability. Northgate has since spun out its businesses - see UKHotViews archive for more. Sounds like right man for the job at NCC!

[rivaldo] 03/4/2017 07:25

Excellent news this morning, with Chris Stone newly appointed as Executive Chairman:



He's a big figure in the City and should help further re-establish credibility:

"Chris Stone said:

"I am very excited by the opportunity to help NCC Group re-establish its track record of growth. The strong growth drivers in the cyber security and risk mitigation markets, our leading market positions and the deep domain expertise of our people, creates a great platform from which to grow the business. I look forward to working with the team to help make that happen."

[staylow1] 31/3/2017 17:28

Thanks Colonel, appreciated.

[colonel a] 31/3/2017 17:13

I am not an expert on the various ways that stocks are listed or trade.
But what you see is determined by where you look.
So ADVFN for example does not, as far as I know, report ISDX trades.
So if a stock is listed on ISDX and you only look at ADVFN you may misinterpret the trades you do see.
If you are interested in a small company whose shares are dual listed you should probably find a way to see the overseas trades, usually there will be a reference on the BB.

[staylow1] 31/3/2017 16:47

Thanks Colonel, that clears that up... Now, another question on volume, a bit further down the rabbit hole :-) When the stock is listed on LSE and traded on LSE we see the volume, but can / or do LSE stocks trade in Dark Pools where we don't see volume? Or is this more of a FTSE 100 / NYSE method?

[colonel a] 31/3/2017 16:33

staylow1,
Indeed, the buy sell indicators should not be relied upon.
They guess at buy/sell based on the mid point of the spread at the time the trade is reported.
If somebody has managed to buy 1 million from a MM at 128 the order is likely to have been active for days.
However, hope they do well and wish I had that kind of clout.

[rivaldo] 31/3/2017 16:33

That's possible staylow1, but - especially given the subsequent price rise - imo it was a buy from earlier on, and would obviously have been delayed in its reporting due to its size.

[qs99] 31/3/2017 16:31

fascinating rise before the weekend.....let's see what transpires next week! gla

[staylow1] 31/3/2017 16:18

I find this quite interesting - does that 1 million trade show only when that one order has been boxed off and the buy / sell order complete? So, that could of been working through for the last 2 weeks?Also, how would that show as a buy or sell if the price had been fluctuating? I've read before the buy / sell colours are not really accurate as they are only made up of an order that went closer to the bid / offer at that time.

[smitty27] 31/3/2017 16:11

No that was a 1m share sell @ 128p

[rivaldo] 31/3/2017 15:03

Looks like a 1m share buy at 128p just through...

[rivaldo] 30/3/2017 12:47

Continuing to move up....on decent volumes too.

[mazarin] 28/3/2017 10:50

So is £399,600 salary for 8 months whilst doing nothing on 'Garden Leave', this is effectively rewarding 'failure'. And just another case of Fred Goodwin and his greedy 'fat cat' friends living off the back British business culture. Ordinary people expect pay for their failures - not in the Board room, it seems.

[jerseyman1] 28/3/2017 09:42

Thanks ILoveFrogs, couldn't find a link on my iPad.Blah blah....strange RC repaying £20k of expenses....new CFO after a period without one? A lot of money though....

[ilovefrogs] 28/3/2017 09:38

hxxps://www.nccgroup.trust/uk/about-us/investor-relations/shareholder-information/section-430-2b-companies-act-2006/

Click on relevant link on that page.

[blah blah] 28/3/2017 09:34

Thanks, good spot by you - makes you wonder why they buried it there. I note the last sentence of RCs exit terms. He has agreed to repay £20k of expenses. Why would he do that?

[jerseyman1] 28/3/2017 09:26

Blah blah, go to NCC site, Investor Relations, Shareholder Information, at very bottom of that section it's called Section 403 2(B) InformationSorry I couldn't find a proper link but it is there.....unbelievably obscure!

[blah blah] 28/3/2017 08:41

Thanks Jerseyman - I can't see it, can you provide a link (unlike the company)?

[jerseyman1] 28/3/2017 08:40

It's on the website, not at all generous. Agree it's an odd RNS

[blah blah] 28/3/2017 08:38

That must be one of the most cowardly RNSs I've ever seen. Still no exit terms published on the web site. Why not wait until the notice is ready and then publish it, rather than try to avoid publicising the arrangements? The conclusion must be that the exit terms are very generous and NCC is trying to bury the news. Probably waiting until it is too late for analysts to comment in their morning notes. This sort of behaviour doesn't reflect well on the company.

[aishah] 24/3/2017 12:19

Yes, rising now on volumes well above ADV. 88-90p a distant memory from late Feb.

[rivaldo] 24/3/2017 11:58

Rising on excellent volumes again. Lots of bottom fishing going on methinks.