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NWT Newmark Security Plc

95.00
-2.50 (-2.56%)
23 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Newmark Security Plc LSE:NWT London Ordinary Share GB00BNYM9W73 ORD GBP0.05
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -2.50 -2.56% 95.00 90.00 100.00 97.50 95.00 97.50 500 13:09:05
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Security Systems Service 20.31M 353k 0.0377 25.20 8.91M
Newmark Security Plc is listed in the Security Systems Service sector of the London Stock Exchange with ticker NWT. The last closing price for Newmark Security was 97.50p. Over the last year, Newmark Security shares have traded in a share price range of 47.50p to 107.50p.

Newmark Security currently has 9,374,647 shares in issue. The market capitalisation of Newmark Security is £8.91 million. Newmark Security has a price to earnings ratio (PE ratio) of 25.20.

Newmark Security Share Discussion Threads

Showing 7551 to 7568 of 7575 messages
Chat Pages: 303  302  301  300  299  298  297  296  295  294  293  292  Older
DateSubjectAuthorDiscuss
23/5/2024
12:06
And still another excellent new article just added to Grosvenor Technology's website:-

"Insights

The GT8: Beyond Time & Attendance Tracking

As Grosvenor Technology’s flagship HCM device, the features of the GT8 go far beyond simple time and attendance management to embody something far more exciting – a new way to propel your business with rich data and streamlined processes.

Ben Lagden
Commercial Director

Time clocks have come a long way from the mechanical punch clock of the past. Over the past 50 years, digital time clocks have taken over the space, offering a modern solution to an age-old problem – how to effectively and accurately manage your people.

But a time clock from 1990, or even 2012 is a long way from what they can do today. And the GT8 is leading the charge with innovation and user simplicity. As Grosvenor Technology’s flagship HCM device, the features of the GT8 go far beyond simple time and attendance management to embody something far more exciting – a new way to propel your business with rich data and streamlined processes.

Accuracy and Security for the Modern Workforce

Security and reliability are at the heart of the GT8, with the option of advanced biometric identification. You can choose from facial recognition, fingerprint scanning, or a combination of both (as well as more traditional means, such as proximity fobs and cards) to ensure accurate tracking of your employees’ time. And let’s not forget just how powerful the GT8 is – the device can clock someone in or out in under a second, making it a useful companion at start and end of shifts.

For many of the GT8’s users, it’s the effortless efficiency of employee time tracking that sets it apart. Staff feel assured by the reliable clocking – they’ll always receive accurate remuneration for their worked hours, and for management, there’s the elimination of time theft via buddy punching. It’s a win win.

But above all else, the GT8 provides absolute data privacy assurance. The GT8 has been designed with compliance in mind. The inbuilt robust encryption protocols protect sensitive employee information and ensure you remain compliant with data regulations – whether that’s in the UK, Europe, the US or Asia.

Evolving with Your Needs

Giving the GT8 an Android-based operating system was a considered decision – while Grosvenor Technology also offers HCM solutions using Linux, like the GT10, our flagship device seals its longevity by using the familiar framework that Android provides.

It helps create a secure and useful ecosystem with your existing apps and systems, allowing you to design a workflow that reduces admin, speeds up processes and utilises data to make strategic decisions. The GT8 takes things a step further, however, by enabling you to customise the device to suit the needs of your organisation. Whether you operate in manufacturing, healthcare, or another industry, the GT8 provides a flexible platform for your workforce management.

How HCM Delivers Profits

Here’s what really matters – the tangible benefits that the GT8 can provide:

• Accurate Payroll: Staff are paid for the hours they work and buddy punching is a thing of the past.

• Reduced Security Risks: Data privacy is ensured, derisking your business in one of the most essential ways.

• Improved Hygiene: The touchless interface helps maintain a healthy workforce, which is especially critical in healthcare or food-related industries.

• Optimised Workforce Management: You can use collected data to make informed scheduling and staffing needs decisions.

The GT8: More Than a Time Clock

The GT8 is more than just a time clock. It’s a powerful tool that helps you streamline operations, enhance security, and make data-driven decisions that benefit your business.

You can find out more about the GT8 and its powerful features here."




GreaT8 stuff!

The GT8 is revolutionising the industry ... which should also shortly be revolutionising NWT's profits & s.p.

hedgehog 100
21/5/2024
12:17
Another new update to the Grosvenor Technology LinkedIN page today:-

"Grosvenor Technology
3,306 followers
38m · Edited

Understanding the role of design in mental health settings is an important one for us at Grosvenor Technology. So we are pleased to be accompanying Third Millenium at the design in Mental Health 2024 annual conference in Manchester on 4th - 5th June. Register for free here ..."

hedgehog 100
20/5/2024
14:24
Today is International Human Resources Day 2024: and with a theme that emphasises HCM (Human Capital Management) technology like NWT's:-

"The CIPD celebrates International HR Day 2024

Join the global celebrations of the people profession and explore engaging discussions on ethical tech and AI integrations, future workplaces and more

Join us in celebrating this year’s IHRD International HR Day on 20 May.

This year’s theme is HR Shaping the new future with four sub themes of:

• Ethical use of technology and AI
• Future workplaces
• People leadership
• Continued innovation in skills and education ..."




And indeed Grosvenor Technology is exhibiting at the CIPD exhibition in London in barely three weeks:-

"An Eventful Season For Grosvenor Technology

As part of Newmark Security, Grosvenor Technology is gearing up for a busy exhibition season showcasing its industry-leading security and workforce management solutions worldwide. From Birmingham to Amsterdam to Chicago, the Grosvenor team is demonstrating the power of its technology designed to transform workplace operations.

This spring, you can meet key team members at:

• The Security Event 2024 (Birmingham NEC, April 30 – May 2)

• HR Technology Europe (RAI, Amsterdam, May 2-3)

• CIPD Festival of Work 2024 (ExCel, London, 12-13 June)

• SHRM Annual Conference and Expo (Chicago, June 23-26) ..."




Like the term 'mobile phone', the term 'timeclock' can be a bit of a misnomer, as GT themselves point out; but it's a term that people seem happy to run with:-

"Experience Meets Innovation

For nearly 50 years, GT Clocks has been providing Human Capital Management (HCM) solutions. Our success has relied on our continuous innovation, which is driven by our extensive industry experience. GT Clocks is committed to delivering quality solutions and services to our clients.

While our products and services have evolved over time, our core philosophy remains unchanged: to provide our HCM partners with dependable and technologically advanced devices, data-entry terminals, or what many of our valued partners still affectionately refer to as ‘timeclocks.’ We don’t mind; we’re proud to be known as the ‘clock guys.’

At GT Clocks, we take immense pride in our exceptional team. Whether it’s in Operations, Sales, or Development, we foster a collaborative approach to deliver more than just secure, intelligent solutions."




The term 'technologically advanced edge computing data-entry terminal devices' would probably be more accurate for GT's solutions ... but it doesn't have quite the same ring to it!

So timeclocks it is then ... and the market opportunity is huge.

hedgehog 100
20/5/2024
12:47
Hedgehog 100 4 May '24 - 13:53 - 472 of 524 Edit 0 0 0
" ... And this week has also seen another bullish development for the company:-
"Are you ready for April 2024?
The Product Security and Telecommunications Infrastructure Act 2022 has been enacted into law and the government have now announced that companies have a period of a year to implement the changes put forth in the legislation, with compliance required by 29th April 2024.
This law applies to all consumer IoT products ..."
..."



A new update to the Grosvenor Technology LinkedIN page today:-

"Grosvenor Technology
3,306 followers
4h

Grosvenor Technology is proud to announce that we've achieved PSTI 2022 compliance certification. This demonstrates our commitment to the highest standards of product security and consumer protection."




Well done to Grosvenor on achieving this important certification.

Customers really know that they're in safe hands working with Grosvenor & Safetell, which is bound to help their business as compliance becomes an increasing priority.


"Guidance
The UK Product Security and Telecommunications Infrastructure (Product Security) regime
The UK’s consumer connectable product security regime came into effect on 29 April 2024. Businesses in the supply chains of these products now need to be compliant with the legislation. ..."

hedgehog 100
20/5/2024
12:45
POST ON WRONG THREAD ERROR DELETED.
hedgehog 100
20/5/2024
11:52
Fft, the LinkedIN pages of NWT & its subsidiaries provide employee figures, albeit outdated for GT Clocks, which now has 12 employees:-

"Newmark Security plc
Security and Investigations
West End, England 547 followers
Investing in technology and innovation to secure assets, people and data.
View all 5 employees"


"Grosvenor Technology
Computer and Network Security
Poole, Dorset 3,306 followers
Safeguarding your workforce, securing your success.
View all 47 employees"


"GT Clocks
Human Resources Services
Hollywood, Florida 86 followers
GT Clocks has been serving the world’s HCM solution providers for over 35 years.
View all 8 employees"


"Safetell Ltd
Security and Investigations
Dartford, Kent 618 followers
Security Products & Maintenance
View all 39 employees"



So the 'umbrella' company Newmark Security has just five employees, which looks pretty lean to me, and they are providing a valuable service.

NWT's corporate management structure, with a Group Chairman & a Group CEO, in addition to the subsidiaries MDs, makes for efficiency and effectiveness.

Because it means that all of these demanding roles can get the focus and attention they deserve, without people becoming overstretched.

Similarly, there's no reason to think that the non-production staff aren't performing a very valuable role.

Production can't just take place in a 'vacuum', and other work like sales, compliance, management & admin. is absolutely critical.


And from the bar graph on page 12 of NWT's annual report & accounts for the year ended 30.4.22:-
"Five years of consecutive revenue growth:
HCM in North America: £m"
2017: £0.9M.
2018: £1.2M.
2019: £4.0M.
2020: £5.9M.
2021: £6.5M.
2022: £8.7M.



The 2023 figure was £8.83M, despite the loss of the UKG business, which stopped contributing to revenues in Q3 FY23, and which Dab estimates was contributing c. £3.5M. of annual revenue.

So there has clearly been an ongoing process of winning new HCM business, very successfully ... despite the disruption caused by the COVID-19 pandemic.



Sean,

Maurice and Marie-Claire Dwek between them actually own barely 20% of NWT shares, so could be outvoted by nearly 4 to one.

Perhaps other major shareholders are satisfied that the company is doing the right things: certainly Dab has reported that they are very happy with the way things are going.

"Maurice Dwek – 19.8%"
"Marie-Claire Dwek – 0.53%"

hedgehog 100
20/5/2024
11:12
The points you raise fft are valid and surely lead back to this being run along the lines of a small family business. For real growth the executive needs changing but that will not happen as the family control the majority of shares.
seangwhite
20/5/2024
03:37
So, if I understand it correctly, NWT has over 100 employees, but only *8* are based in the USA. And geographically , where is most of the revenue being generated and where are the big growth prospects ? The USA. I wonder how much autonomy they have or does everything have to be referred to the UK head office ?Maybe being run as a family business, head office is not as lean as perhaps it could be. Indeed, looking at the 2023 AR, 47 out of 99 or nearly half of the people employed are admin or management or sales. Only 50% are production orientated. Wonder where support staff fit in ? I couldn't see a breakdown for no of employees between HCM and physical security. Anyone know ?I suspect that Safetell would perform better without an extra layer of mgmt (I.e. corporate head office) that in my experience always slows things down and of course adds costs. Selling it off would leave NWT with only a single business area left. I would not be surprised if head office and admin costs could be slashed at that point.Given that the loss of UKG was known about years ago, the drive to get new customers only seemed to start just before it actually happened. Otherwise why weren't they onboard a year or two earlier instead of coming in in H2 ?
fft
19/5/2024
20:30
NWT is and remains a small family controlled company which is albeit a public company sadly going nowhere fast. As long as Marie is in control shareholders will get no real return. The last five years show her patent inability to grow the value of NWT.
seangwhite
19/5/2024
15:01
NWT 'STOCK-&-ROLL' ANAYLSIS: PART THREE


So a rockingly good full-year trading update this week from NWT, which was music to my ears: and in effect a 'siren call' to buy NWT shares.

And so, as an alternative to reading tea leaves, some more 'stock-& roll' analysis here seems absolutely appropriate, following on from parts one & two:-

Part One: The Human League
Hedgehog 100 4 Oct '23 - 20:10 - 194 of 519 Edit 0 0 0


Part Two: The Doors
Hedgehog 100 21 Jan '24 - 10:48 - 318 of 519 Edit 0 0 0



Well, my 'divining rod' is now pointing me in one particular direction, reflecting NWT's combination of 'style & substance':-


And Roxy Music's fifth studio album "Siren" can very aptly help to illustrate NWT's investment credentials:-



Track listing, Side one:-

1. "Love is the Drug" - Loving the buzz from NWT.

2. "End of the Line" - A NWT buy-out.

3. "Sentimental Fool" - Missing NWT after being bought out.

4. "Whirlwind" - Grosvenor Technology's expansion in America.


Track listing, Side two:-

1. "She Sells" - Marie-Claire's marketing background.

2. "Could It Happen to Me?" - Hoping for a 100-bagger.

3. "Both Ends Burning" - NWT's TWO 'on fire' subsidiaries: Grosvenor Technology & Safetell. 

4. "Nightingale" - NWT's sweetly poetic success.

5. "Just Another High" - NWT's remorseless rise.


Even the album's cover art, which features model Jerry Hall in a mermaid-like look, seems fitting.

As NWT has an increasingly MER-made aspect to it: i.e. greatly increased maintenance business, like former fifty-bagger Mears Group (MER) - a move that is going swimmingly well!





Roxy Music - "Both Ends Burning"

hedgehog 100
18/5/2024
17:32
how high is the dividend yield ?

I dont think any dividend is paid, & hasn't been for many years & imo wont be paid for many future years because the high debt needs to be paid down.

smithie6
18/5/2024
17:29
I see that an exec. director now owns only 10k worth, while each year he must get paid £150-250k including benefits.

imo that he is only willing to risk a tiny fraction of his annual pay on owning company shares is not a very positive sign.

smithie6
18/5/2024
17:27
...mention of testing for complying with bank loan covenant for 1 loan

ouch....most investors are not so keen on mentions of testing for compliance with bank loan covenants

since, usually, if there is ever an RNS announcing that a loan covenant has been broken ...the share price gets hammered....(because if the creditors have control of a company then there is a risk of shareholders getting zero....if the creditors were to call in their loans)

"The latest forecast of the Group results in exceeding the debt service covenant test by 48% and will be tested again when a revised forecast is completed in October."

smithie6
18/5/2024
17:19
borrowings

£5.6 million.

ouch !

smithie6
18/5/2024
17:11
...blah blah...£1m....
...blah blah 3-2 = £1m
£1m + £1m = £2m

What a muppet !

...the change in nett bank debt already includes the change in cash, since it uses the word "nett".

Hedgehog, if you are going to wildly ramp every single bloom'in day, do the decent thing & stop posting FALSE numbers. Otherwise any reader will just ignore you.

And if you are so confident in this share, why not just stop posting, since if the company were to actually do well, as you hope, then it will get there on its own.

...each to their own opinion but imo you are just scaring away all & any possible investors, including me.
I could not cope with the mental pain of reading lies & false data, inside wild ramping posts,

every day !?

smithie6
18/5/2024
17:00
loss after tax of £0.1m

loss per share of 0.54p

pretty poor imo

smithie6
18/5/2024
16:58
and here are the H1 results

virtually everything was DOWN versus the previous year.

yet Hedgehog writes
"moving to the c. £100M. market cap. & c. £10/share level."

....drinking too much Scottish 'water of life' perhaps ?!

"Financial highlights:

· Revenue down 2% to £10.4 million (H1 FY23: £10.6 million)

· Gross profit of £3.9 million (H1 FY23: £4.1 million)

· Underlying revenue up 11% after stripping out the impact of the anticipated loss of UKG in FY23. Underlying gross profit in H1 FY24 increased by £0.2 million

· EBITDA of £0.8 million (H1 FY23: £1.1 million)

· Loss after tax of £0.1 million (H1 FY23 profit: £0.5 million)

· Loss per share of 0.54 pence (H1 FY23: earnings per share of 4.89 pence)

· Investment in research and development of £0.2 million (H1 FY23: £0.3 million)

· Net assets of £8.0 million (31 October 2022: £8.2 million)"

smithie6
16/5/2024
17:46
Today a Safetell team has been here:-




As Retail's Best exclusive Security Screens & Doors Sub-Partner:-






"Strengthening Retail Security: Safetell Sub-Partners with Retail’s Best

14 February, 2024

Safetell, a leader in physical security solutions for retailers and forecourt operators, is pleased to announce its sub-partnership with Retail’s Best, a premier platform connecting retailers with innovative solutions and industry expertise.

Safetell’s decision to sub-partner with Retail’s Best demonstrates its commitment to addressing the evolving challenges of retail security, particularly within the petrol forecourt sector. Leveraging Retail’s Best’s extensive network and resources, Safetell aims to provide tailored security solutions that meet the unique needs of retailers and forecourt operators. ..."




The event looks liked it was packed out, and I'm sure it will have been a very valuable day for Safetell.

Demonstrating once again what a go-getting and dynamic Group Newmark Security is.

hedgehog 100
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