Newmark Security Share Discussion Threads

[sll] 27/7/2011 23:32

sharedgain - Yes - I still hold very many of these, and added a few more today, post results. Am a long-term holder (since 2004, is it that long?). It appeared that there were very few sellers and a thin market dominated by understandable MM concerns, today, in light of the bare figures alone (however - there is still a profit, still a dividend, and exciting new products still coming through etc.) The key challenge now is getting those various very interesting new products (in both divisions) to full commercialisation, and asap!. Recently added senior sales personnel should prove very helpful in this regard. Past guidance here has, in my view, been misleading (I believe innocently) and future "performance to guidance" (such as all of today's commentary) will be crucial - as will future cash performance (the point made above yours). The tone of the forthcoming AGM will also be instructive (again!), as was the 2010 renewal. I urge attendance by all who can. My own view remains a balanced one - there are doubtless bull and bear points here, for sure. When I have unpacked the results in rather more detail, I may venture some further comment - although my posts are much more rare these days due to other commitments. Regards, Steve

[sharedgain] 27/7/2011 15:23

Mr Lothian, you still here?
Would love to hear your views on the results... and whether you still hold approx 3%? Bit cheeky I know... but you've always presented well considered views here.
Cheers
S/G

[mjcferguson] 27/7/2011 09:14

I had hoped for more signs of light at the end of the tunnel.The board here do tend to be cautious in their forecasts,let's hope this heavy investment in product improvement starts to bear fruit before too long.A bit more news flow during the year would be great.

[horndean eagle] 27/7/2011 08:08

Again it has to be pointed out that the company is hardly generating any cash and is expensing almost its entire profits on amortising research and development. Check out the intangible figure in its balance sheet. Something doesn't smell right and hasn't done for a very long time.

[exel] 26/7/2011 14:35

suspect it will be sometime this week, so 'within July' and within 3 mths of the 30/4/11 y/end, and just before the dog days of august set in. ex

[mjcferguson] 26/7/2011 09:52

Results were 26th July last year.later?

[davidosh] 05/7/2011 09:32

Update from ISG today...

"In the UK, our London Fit Out team has had a very good year, where we have seen an improvement in demand from our financial services sector clients resulting in revenues being up 40% year on year"

Bodes well for other players in the sector such as NWT hopefully. We should know more within a few weeks as results should be later this month.

[exel] 01/7/2011 00:44

David - Am fully expecting a relatively positive (finals) update and a held dividend. As you rightly state, the AGM will be an interesting affair this year. Wild horses permitting, I'll be there. ex

[davidosh] 15/6/2011 12:48

Results are only a month away and the books were closed at the end of April so any meaningful end of year update would surely have been provided in May. We are presumably in line with expectation and nothing yet to report on the glue trials which I have to say we were totally misled on IMHO and the AGM is not going to be comfortable under questioning this year. Have they actually started yet ? They were announced 14 months ago...

The detail re Loomis in the interims suggested March but we have had no further guidance.

[bollers] 15/6/2011 12:23

Does anyone have any idea how Newmark is faring?, there's normally a trading statement in May, I'm not sure if no news is good news or not.

[721richard] 08/6/2011 03:29

Thanks for the update. Good to hear from you again.

[mjcferguson] 09/5/2011 12:34

News last week was welcome but some sort of trading update would have been nice.I am sure any sellers have just lost patience through lack of info.

[dcarn] 06/5/2011 07:02

Nice bit of unexpected news.

£2 Mill over three years.

D.

[gardenarc] 06/5/2011 05:31

Interesting the above post on URU.

[wantedman666] 04/5/2011 15:17

Hello everybody,

On Monday the finacials came out:



I just went through the numbers, so here is my current valuation for the company: (as of today)

Cash (includíng tax recoveries/accounts payable and 750,000 for the exercise of the NWM warrants):

24,700,000 CAD

Investment in NWM Mining:

15 Mio. shares at 0.14 = 2,100,000 CAD

Investment in Azimut:

1.8 Mio shares at 1.23 = 2,200,000 CAD

Investment in URU Metals:

39,818,339 shares at 0.14 GBP = 8,850,000 CAD

Remaining shares of Kalahari:

1,712,038 shares at 2.37 GBP = 6,450,000 CAD

Meaning a TOTAL of:

44,300,000 CAD

Divide this by the outstanding 132 Mio shares you reach 0.335 CAD

Even if you take the fully diluted number of 145 Mio shares you get 0.315 CAD

Now this calculation doesnt even include any projects of their own (Vietnam)

IMO this stock is a bargain, but to be honest it always has been...
Maybe this has a chance to change, once they can come up with something significant in Asia.
By the way NWT is only partly related to Uranium.

URU Metals has diversified into nickel, NWM is a soon to be gold producer in Mexico, AZM is exploring for all kind of minerals in Canada (uranium, gold, copper,...) and for KAH there is a take over offer out for 2.90 GBP a share from the Chinese, which might be reduced to 2.70 GBP (see the news release this week from KAH), but on the other hand, one cant rule out that another bidder (RIO,Areva, or ???) may emerge with a better offer.
Furthermore the company is looking into several "investment opportunities" ,so there may be some surprise acquisition as well.

So my conclusion is:

Huge upside potential, with very limited downside risk.

DYOR

Wantedman

[exel] 28/4/2011 19:57

couldn't even get a measly 200k at 1.48p today - buy order 'timed out'. max online buy was just 100k at the full 1.50p offer. it was easier to sell (up to 375k online at 1.30p) and harder to buy, it seems. may mean nothing. ex

[mjcferguson] 26/4/2011 11:05

Oh for some news!I note that there was a little flurry of news about this time last year due to the atmpuk acquisition and trading update.Maybe soon as it has been over four months now.

[721richard] 26/4/2011 08:23

Anyone have any updates? It is hard to find any real news on NWT.
Thanks in advance.

[davidosh] 11/4/2011 15:30

Still no news. Save a few days... It is exactly a year since they first announced those trials were going to take three months. Very poor communication or clearly much more work to be done on the product than first anticipated. Either way there should have been an update by now.

This was the wording in the RNS...

ATMPUK has developed a unique adhesive bonding technology to provide protection of cash when stolen from Cash in Transit ("CIT") delivery crews.

(It did not say 'is developing' it stated 'has developed')

ATMPUK has worked closely with Loomis UK Limited ("Loomis"), the largest CIT company in Europe and the second largest in the UK, to develop this unique solution for cash deliveries. Loomis will conduct an initial trial of the T9 security container in the South of England over a 12 week period, and subsequently, on the expected successful completion of the trial, Loomis will place further orders to the value of £4 million to deploy the T9 security containers across their UK depots over the next three years. Loomis are also considering taking the T9 system across their European network.

Then a whole eight months later in December 2010

The roll out of the ATM Protection (UK) Limited ("ATMPUK") Cash in Transit protection case has been delayed due to product improvement after several months of testing. ATMPUK is working closely with Loomis in the development of the product and testing is expected to be completed in December with production of the first order of 50 units expected to be completed in March 2011. The product improvements should result in a shortened trial period and the roll out to other Loomis branches should start after the successful completion of the trial period.


Why were we not told exactly when the trial started and what has happened to the 'expected successful completion' ?? I am getting rather hacked off as I know quite a few investors who took an interest in the company on the back of this information.

[exel] 10/3/2011 13:20

Fair point, davidosh, maybe the 'guidance' we gave this group (on 'guidance') at the last AGM has subsequently made them a tad more reticent in offering any 'new guidance'. Will have to check with Abchurch. I still tend to the view that no news (right now) is probably 'not bad news'. Very few trades on here, just a couple of solid buys this week, it seems. So someone still believes.... ex

[davidosh] 15/2/2011 21:04

Surely the trials for the glue should have been sufficient enough by now to 'stick' in an RNS....lol

[exel] 15/2/2011 18:46

Well, still very quiet, but a few recent transactions and (implicitly) a little bit of interest in parallel with a few holders probably losing patience and simply checking out, notably for CGT reasons, now and in this coming period. Regardless, I have picked up a few more in the recent dip, and still expect a fairly long haul to the final exit, here. ex

[exel] 20/1/2011 13:36

very quiet on here and no futher update re new products. at least Intersec in Dubai (Jan'11) is now a 'past event' and hopefully ripples will start moving following that in due course. ex

[exel] 14/1/2011 13:43

I am delighted to see Nick Medlam quite rightly taking this "pricing opportunity" to grow his stake, here, which someone above (correctly, it seems) called it to be - just after the admittedly disappointing interim results to 31/10/10. It may well be that further progress will remain slow-ish for a bit, however both NWT divisions (electronic and physical protection) have interesting new product streams, and product enhancements and updates, coming through - and one of them (electronic protection) has also just appointed a heavy-hitting sector-relevant sales director. Feels a tad better all round! ex