Ncc Share Discussion Threads

[rivaldo] 29/12/2017 10:45

Happy New Year to all here. Hopefully recent performance indicates that 2018 will be a rather good year.

[markth] 19/12/2017 09:59

I think they made a poor appointment that's all. I have no position now; might buy back in under 200p though.

[a2584728] 18/12/2017 13:32

Clearly short

[mazarin] 18/12/2017 09:53

markth - what's your agenda? You been repeatedly calling this down for weeks.

[markth] 17/12/2017 10:03

Trend is down, 200p by Xmas.

[a2584728] 16/12/2017 11:17

Huge sell marked after the close

[warranty] 15/12/2017 17:56

Don't like the fall today, anybody any idea what caused it as I can't see anything?

[markth] 13/12/2017 15:48

NSL, the company he came from, is a vanilla outsourcing outfit with no cyber offering. From LinkedIn, this chap's a chemist to trade, who moved roles six times in ten years while at QQ. His most recent move from being a Managing Director into Business Development looks worthy of a question at the shareholder meeting (for those still holding).

I don't see any "wealth of business experience" ... "track record of success" ... "in the ... cyber security sector...". Nor do I see any compelling reason to take it on trust that "NCC will flourish under his leadership".

He does have experience of selling a business, which might prove useful. However if someone was going to come in for NCC they surely would have done so when the share price was in the toilet several months back, rather than now.

In summary, I can't see why the City are in favour, it's possible they know something I don't, but the share price trend is downwards since his appointment and that's why I'm out.

[a2584728] 07/12/2017 10:17

I have added a few more, I understand that the city approve of this appointment so we will hopefully see a move upwards from here in the NY

[markth] 05/12/2017 10:14

anddddd......I'm out with a 30% gain. Thank you and goodnight.

[markth] 04/12/2017 08:54

This guy's a nobody. None of us in the cyber industry have ever heard of him. CEO of a 3,000 person company? Meh. Bus Dev Dir at Qinetiq? Double Meh.

[rivaldo] 29/11/2017 11:28

The respected Techmarketview like the new CEO, as do I:



"Wednesday 29 November 2017

Incoming NCC CEO brings cyber security experience

Battered NCC Group continues to go through major change as it reassesses much of what it does (see NCC Group: battered but not broken) but it has made the important decision of who will head up the business with the announcement that Adam Palser will take the role of CEO on December 1.

This will release Chris Stone, who joined as exec chairman in April 2017 following the departure of long term CEO Rob Cotton (NCC CEO departs following painful profit predictions), to make the shift to non-exec chairman, while interim CEO Brian Tenner will resume his role as CFO.

Palser comes from NSL Ltd, the provider of outsourced public services (road traffic penalty charge notices for local authorities, vehicle excise duty enforcement for the DVLA, taxi and private hire vehicle licencing for Transport for London and ‘right to work’ checking for public and private sector organisations), where he led the transformation programme and exit for its PE owner in January 2017. Prior to that he was with defence and security group QinetiQ for 10 years. The security background should play well within NCC as it pivots further towards cyber security, while transformation expertise will be valuable in wrestling NCC’s diverse assets into order, either for development or sale."

[jerseyman1] 29/11/2017 10:59

Afraid I am a bit "mmmmeegh" about this appointment. Doesn't fill me with excitement, he was at Qinetic a while ago and the cyber world has moved on. Hopefully Tenner will stay and support him, and Stone needs to give him some space.

[sspurt] 29/11/2017 08:16

V pleased with this appointment.He helped transform and sell NSL.

[gsbmba99] 29/11/2017 07:41

Adam Palser has been appointed the new CEO ( ) He spent 10 years at QinetiQ including a period as a division manager and as EMEA business development director.

[rivaldo] 22/11/2017 14:06

There's huge potential for NCC from GDPR compliance coming soon. NCC have a wide range of GDPR services available:



And the FT reported this earlier in the week:



"Companies face high cost to meet new EU data protection rules

Businesses rush to hire staff and invest in software as privacy regulation looms
November 19, 2017

The world’s biggest companies will spend tens of millions of dollars to meet new EU data protection laws by next May’s deadline, according to a survey that shows the costs of meeting some of the world’s toughest privacy rules.

Members of the Fortune 500 will spend a combined $7.8bn to avoid falling foul of Brussels’ General Data Protection Regulation (GDPR), according to estimates compiled by the International Association of Privacy Professionals (IAPP) and EY. This equates to an average spend of almost $16m each.

Among the biggest changes being ushered in by the GDPR is the right of individual citizens to request that their data be deleted from a company’s servers. It will also impose strict timelines on businesses to identify and report security breaches. Businesses face severe financial penalties for breaking the new rules: maximum fines will amount to €20m or 4 per cent of a company’s global annual turnover, whichever is largest.

Any business that processes the personal information of European citizens will have to comply with the GDPR....

....Trevor Hughes, president of the IAPP, said companies had been rushing to hire lawyers and data protection consultants, invest in advanced data-processing software and clean up their sprawling databases.

“This is a rolling cost. May 2018 is by no means the end point as companies will have to invest in educating their employees in the new data framework,” said Mr Hughes. On average, companies in the Fortune 500 will hire five full-time dedicated privacy employees — such as data protection officers — as well as another five employees to deal partially in handling the compliance rules, according to the survey. “Data are emerging as the antitrust of the digital economy in the same way that state aid and competition was used to bust trusts in the 1990s,” said Mr Hughes. “This time, data protection has a direct consequence for consumers and citizens who use the digital economy.

”Financial services companies and the tech sector face the biggest compliance bills, according to the survey, which also estimates that medium-sized firms will spend an average of $550,000 to ensure they are compliant on May 28 2018.....

etc"

[mazarin] 22/11/2017 08:44

Once criminally acquired, how does 'paying' Hackers give any assurance that Customer Data has, in fact been deleted and is thereafter secure...? Presumably the 'identity' of the Hackers remains unknown......and there's the irony! They acquire your personal details but manage to get the money and remain anonymous. It absolutely makes no sense.

[mazarin] 22/11/2017 08:38

U.S. FBI officials and private Security companies have disclosed that an increasing number of companies are paying criminal hackers to recover stolen data. For details see the following link:

[markth] 21/11/2017 14:01

Yes - beware of Russians bearing software that can access every file in your PC.

[a2584728] 21/11/2017 10:15

It seems that the drop was overdone to allow others in. ? Does anyone have any information?

[a2584728] 14/11/2017 13:25

Someone dumping at 220p

[ilovefrogs] 13/11/2017 18:35

Not sure what that has to do with NCC?