Newmark Security Share Discussion Threads

[norbert colon] 27/11/2019 14:07

Having seen NWT present at Mello and having bought an initial starter position in the business thereafter, Ive been taking a look at what FY20 might look like given there are no forecasts in the market. Always a degree of wet finger in the air but FY19 delivered a small operatng profit of £292k (EBITDA of £1m) and given the uptake of the GT-Clocks business in the US where they see 12,000 clocks (up from 3700) on their connected estate (generating £48k/month of recurring revenue), its not hard to foresee a PTP of perhaps £650k for the FY with EBITDA of £1.4m. This is based on the very crude assumption of 10% sales growth and some very small margin improvement so there is lots of room for error in these assumptions but clearly the business is doing well based on what I can gather so I would expect some improvement in profitabilty along these lines. Safetell is also likely to get sold at some point I would imagine and looking at various valuations based on sales, book value, PBT and EBITDA multiples, I would suggest a valuation of circa £1.7m or 30% of the current mcap. This would increase Group cash to £2.7m or nearly 50% of the current mcap. With the business overall assumed to be producing EBITDA of £1.4m for the FY, the Group should be worth more like £10m rather than the current £5.9m and with 40% gross margins, net cash (small) and the possibilty of profits improving nicelty going forward I look forward to the HY results in January.

[davidosh] 19/11/2019 16:50

Nice to see the new FD picking up 800,000 shares whilst we were all at Mello watching the presentations too.

[nick rubens] 12/11/2019 14:14

Yes cheers daviddosh, for the correction. Thalassa looks like an investment company (and listed) as described by mjcrockett. Cheers NR

[mjcrockett] 10/11/2019 10:39

You are right David this is indeed Thalassa Holdings which is Listed on the London Main Market (and also in Luxembourg). Thalassa is an unconventional outfit and Newmark may not be too keen to have them as shareholders. They are registered in the British Virgin Islands and run by their founder and Exec Chairman, Duncan Soukup along with two non-execs. Thalassa recently sold their main operating subsidiary and have over £10 million in cash which it is looking to find a home in new investment subsidiaries. In Thalassa's most recent results it compared itself to Berkshire Hathaway in that it would not overpay for investments. To date, Berkshire Hathaway's investment record is somewhat better than Mr Soukup's. Thalassa's investment in Newmark has certainly been a boost for the share price and it is encouraging that Thalassa see obvious value here but they are nothing like a nice, supportive institution. MJ

[davidosh] 08/11/2019 18:34

Are you sure Thalassa are an institution ? Is it not this company... 25 March 2019 | 13:22pm StockMarketWire.com - Thalassa Holdings has insisted that its takeover bid for Local Shopping REIT represented 'attractive value' after it was rebuffed. Thalassa offered 14.64p and 0.26 Thalassa shares for every share in the property investor that it didn't already own, equivalent to around 35.7p per share. It claimed its bid offered more value for shareholders than Local Shopping REIT's'risky' liquidation strategy.

[nick rubens] 08/11/2019 09:18

Hopefully we'll soon hear that profitability to prior levels is being achieved and the dividend restored. Director buying recently and todays Institutional TR1 RNS adding to over 5% bodes well for an expected recovery.

[lillyman] 08/11/2019 08:28

Long term buyers back in

[blueball] 06/11/2019 16:57

1.5p target is on.

[seangwhite] 06/11/2019 08:19

Let's hope Marie introduces her successor after that the share price will rise a bit.

[davidosh] 05/11/2019 12:05

Do come along...The full programme is now on the website and Marie-Claire is doing two presentations....one in the morning and another in the afternoon. Investors can gain a 40% discount on tickets by entering the code ADVFN40 when you purchase your ticket Https://melloevents.com/event/

[jfreshfield] 05/11/2019 11:41

Interesting to hear what they have to say next week

[blueball] 28/10/2019 09:52

Thanks for that David.

[davidosh] 28/10/2019 09:29

You wanted Newmark to come out and talk so here you go.... Just to let shareholders and potential investors in Newmark Security know that the management team will be presenting on the opening day of the two day Mello London investor conference in Chiswick London W4 on Tuesday 12th and Wednesday 13th November and there will be an opportunity to take part in a Q&A at the end of each presentation. These are just a few of the companies taking part... Https://melloevents.com/event-mlexhib/ There will also be lots of quality keynote speakers, panel sessions and round table discussions looking at investment strategies & portfolio diversification plus sessions on.... How does a market maker work your share trades? What is undertaken in a company audit? What is hidden on the dark web? & how can retail investors get access to placings? Https://melloevents.com/event/ If you would like to join the thousand investors at the event you can gain 40% discount on your ticket by entering the code ADVFN40 when you purchase your ticket.

[blueball] 25/10/2019 08:42

Rising a few % every day here.

[the real stan] 23/9/2019 08:06

Yes but the share price isn't going to move much until the company starts talking to investors!

[mjcferguson] 19/9/2019 15:26

Good to see Newmark on an upward trajectory again.P\e on basis of pre exceptional profit is very low,about 5, and net assets are about double market valuation. If US sales can continue growth at similar levels and reorganisations produce meaningful cost savings there is scope here for much improved figures in near term.

[lillyman] 19/9/2019 07:45

agree onwards and upwards

[blueball] 19/9/2019 07:33

Turnaround story here.

[the real stan] 11/9/2019 12:32

New FD just announced. I'm hoping this will transform reporting and energise investor relations.

[mjcferguson] 04/9/2019 06:32

Have been informed that results are due out within a couple of weeks.Lets hope for some encouragement.

[mjcferguson] 09/8/2019 14:18

Newsflow from this company is very disappointing.Over three months since the year end and who knows when we might receive the annual figures,maybe they are still looking for a financial director?

[mjcferguson] 07/5/2019 10:01

Financial year end has just passed.It would be great to have some sort of trading update rather than have to wait the usual four months or so for the final results,especially as the interims showed promise. A bit more info from the company would hopefully stir interest in the share price,especially if it was positive.