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NES Netstore

31.50
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Netstore LSE:NES London Ordinary Share GB0004123609 ORD 20P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 31.50 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Netstore Share Discussion Threads

Showing 526 to 546 of 625 messages
Chat Pages: 25  24  23  22  21  20  19  18  17  16  15  14  Older
DateSubjectAuthorDiscuss
21/9/2004
09:59
who is HC?
johnnyknight
21/9/2004
00:13
HC will be outing them I hear. Not happy with performance.
houseprices
20/9/2004
16:03
apart from the constant dumping since results?

retrospsective clap on the back for jewelsy, out at 42 in march. now at year low.

robbie burns wrong-footed twice with this one.

widemouthfrog
20/9/2004
15:48
these shares are very cheap i see no reason for the fall.
spcecks
20/9/2004
15:39
straight through potential support at 30. next support 23.
what an abortion. i mean aberration. or do i?

widemouthfrog
12/9/2004
09:52
price fall has been on very low volume.
spcecks
11/9/2004
11:37
houseprices - after 2 years of championing this company i've been stopped out of all but a nominal holding. very disappointed. share price failing to respond to good results again, you might be right. lack of new contracts also conspicious by absence.
widemouthfrog
11/9/2004
06:59
houseprices....lol
paladin12001
10/9/2004
23:27
Eh!, think there is a problem with the contract at The Housing Corporation. WMF, you have asked my opinion in the past, I think it will crumble all the way back to 20p, doesn't make sense when you look at the figures. I think the HC are going to phase them out, not happy about performance, also labour cutbacks in the pipeline. Big seller has got it right I think!
houseprices
09/9/2004
08:13
I'm happy to hold for a while and see where we head...what we need is an institution to start buying in now that the company has turned the corner into profit. Now would be a good time as at this price the shares look good value.
paladin12001
09/9/2004
08:01
Paladin12001..thanks thats why the drop then...i think these shares are cheap and i wont be selling mine.
spcecks
09/9/2004
07:56
spcecks...i suggest its that Robbie Burns (thenakedtrader) sold out yesterday for a small loss over concerns that they would move to the AIM. Lots of people selling yesterday and today so hence the price drops. All IMHO


Robbie said,

"I also sold my Netstore shares at 34p for a small loss of £153. It's quite unusual for me to sell shares just a few days after buying and it probably sounds weird because I think it's a company with a future and I don't think the shares will drop.

There's only one reason – a line from a positive broker report which said the company is likely to move to an AIM listing rather than a full one.

As I can't hold AIM stock in my portfolio I've decided to sell now and get it over with rather than holding shares I know I will have to sell anyway.

Also in my experience a move to AIM often means a company's shares don't rise much short-term as Isa and Pep holders have to sell.

I suspect the shares may even move up a bit in the next few days – it's the kind of share Shares Mag likes to tip so I would not be surprised to see them tipping it tomorrow. But as I said – I may as well move on now."

paladin12001
09/9/2004
07:51
woonder why the price is dropping when results were good.
spcecks
07/9/2004
05:46
Evolution Beeson Gregory
6 Sep 2004
Netstore (NES) Add (unchanged)
Mkt cap: £33m Net cash: £8m Finals Price/Target: 34p/37p
Netstore delivers maiden profit
In line with our expectations, Netstore has delivered its maiden full year
profit, before goodwill and exceptionals, and with much of the revenue
earned under long term contracts we are confident of more profit in FY05.
FY revenues jumped 46% to £20.7m on the back of the big public sector
contracts with L.B. of Hackney, and The Housing Corporation, leading to a
maiden full year PBT of £0.3m, before goodwill and exceptional items
related to the disposals programme. With significant losses brought forward,
no tax will be payable, but there was an exceptional tax credit. Adjusting for
this EPS was 0.3p.
Cashflow from operations was disappointing, with a £1.3m outflow due to a
big increase in debtors (up £2m compared to a 0.9m decrease last year). The
company notes that this is slow payment by some large key debts which
have now been collected so expect to see that reversed in Q105. However
capex was reduced to £0.7m (FY03 £3.2m) without the need to scale up for
the Housing Corp. contract seen last year. Net acquisitions came to £0.8m
bringing total outflow to £2.4m and net funds down to a still very healthy
£7.7m at the year end.
Overall this has been an excellent year for Netstore. It has delivered on its
large public sector contracts, whilst disposing of the remains of its old SME
oriented businesses. With revenues now earned under long term contracts, it
has strong visibility on the year ahead; £14.6m of revenues for the year to
June 2005 are already contracted. We are expecting revenues of £22.5m in the
year ahead, EBITDA of £2.4m and PBT of £1.33m.
The PER looks high due to the strong cash balance but, the underlying
EV/EBITDA shows excellent value, at under 11x for a company exhibiting
strong growth in both sales and earnings, and whose revenues are strongly
underpinned by long term contracts with public sector bodies.
The company is planning a move to AIM in the future.

pacman88
06/9/2004
15:01
have to agree with just and pac. It looks like there was a big seller around and it could be this seller is nearly cleared out. Think once this moves up it'll really go - I've reread the statement a few times and it looks very confident. Bought some today and feel sure there is a good profit to be had here even if some patience needed
renegade master
06/9/2004
14:45
Still my largest holding and given results I continue to be happy to hold.
pacman88
06/9/2004
14:29
deadly,
I agree.
Strong results which don't appear to be built into the share price and the pond life marks it down.
I'm in for 9,350
Looks a good recovery play to me.

justjim37
03/9/2004
14:27
Ah well, That looks like all the robbie burns lemmings on board.....me included.
pedro2
03/9/2004
14:04
Robbie Burns - The naked trader has just bought. May get a short term run out of this
bbd2
23/8/2004
06:55
The Financial Times on 10th July featured an article on Computacentre, which talked of its drive into managed services and its focus on offering a range of infrastructure services that complement customers'in-house IT departments, saying this has proved attractive in the market and has enabled Computacentre to grow is managed service revenues.

There were rumours earlier this year about Computacentre planning to make a 95p per share bid for Synstar, which was denied at the time. Now that Hewlett Packard has accquired Synstar, would anyone have a view on the likelihood of Computacentre turning its attention to Netstore?

susier
01/8/2004
07:52
(increase from 12.34% - see post 389)

"RNS Number:3501B
NetStore PLC
29 July 2004

... M&G ... notifiable interest in 12,357,800 ordinary shares ... 13.02 per cent..."

widemouthfrog
Chat Pages: 25  24  23  22  21  20  19  18  17  16  15  14  Older

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