Norman Broadbent Share Discussion Threads

[twodegrees] 30/5/2018 14:12

hughwilson, it only take a small trade to knock this, the small PI.I has no chance of successfully investing here. I have been with this company for many many years and now with 90% loss and even after continually averaging down I would not promote this outfit one bit. The directors are happy with nice salaries, they raise more cash yet the share price even if apparent improvements are being made keeps falling.

[hughwilson] 29/5/2018 21:06

As I said before, while the financial turnaround continues to gather pace, what you will actually see before a good set of figures is more and more contract wins.

"Mr Hudson added with the impending retirement of Peter Brown, who has been deputy chief executive since 2004, the society had appointed the Norman Broadbent Group to help recruit a finance director and an operations director"

[twodegrees] 25/5/2018 14:23

Directors looking after themselves again. Nice little grant of options...disgusted.

[pireric] 23/5/2018 22:18

So illiquid. Think they'll struggle to create real interest in this in its current form even if they wanted to

[hughwilson] 18/5/2018 13:05

fido, take a look.

www.proactiveinvestors.co.uk/companies/stocktube/9324/newly-transformed-normanbroadbent-offering-a-unique-mix-of-business-lines-9324.html

Newly transformed Norman Broadbent offering a unique mix of business lines
Share
08:41 18 May 2018
Mike Brennan, chief executive of Norman Broadbent PLC (LON:NBB), tells Proactive's Andrew Scott he came on board two years ago and in that time the business has been transformed into much more of a professional services business.

''We're focusing instead of on one thing we're now looking at five different service lines - across search, solutions, senior interim, assessment and research & insight''.

''It's a fairly unique mix of business lines'', Brennan says.

As for the year ahead, Brennan says: ''There may be some challenges around Brexit for some companies but I don't think we've got that ... we've not got too much exposure to Europe or to financial services ... we've got a great team in place and it's all about getting the message out''.

[fido] 17/5/2018 22:04

Let`s hope you are right Hugh, been waiting a long time.

[hughwilson] 17/5/2018 19:39

twodegrees.
I am not defending the company and I share your frustration. This is a turnaround situation and is on the road to recovery. The problem is that it is a highly illiquid stock so it does not take too much to push it down and it is hard to trade. The other side of the coin is that because it is illiquid it does not take much to push it up either and this will aid the share price once NBB turns a profit.

[twodegrees] 17/5/2018 13:41

Fido and battlebus, I do not share your optimism, this keeps being pushed lower and lower. When will they have to come back to the market to raise even more funds.

[fido] 17/5/2018 12:56

Whilst the turnaround is still ongoing, the likelihood of further FTSE 100 contract wins of the sort that last pushed this share up to 18p will become more likely.

[battlebus2] 15/5/2018 15:35

This is going to take another 12 months before we see any sustained share price appreciation as and when we return to bottom line profits.

[jon123] 17/2/2018 08:33

i don't call 47k of shares out of 41 mil in issue a big dump its just the nature of illiquid stocks i hold more than that lol

[twodegrees] 16/2/2018 20:25

hello, pj1 I note you have not posted, some of us have been here for years and been through this before.

[pj 1] 16/2/2018 20:22

Rubbish. It would stink if it was the other way around to what you state.

[twodegrees] 16/2/2018 20:19

This absolutely stinks. Director buys and then within a few days someone has bailed out, so did the director know in advance someone was going to dump so many shares and why on a Friday at 4pm when shareholders do not have enough time to act....stinks.

[a2584728] 16/2/2018 15:57

Bad news coming me thinks, sellers all of a sudden not a good signal.

[twodegrees] 08/2/2018 15:37

so a director buys yesterday and all we see is sells today, did he buy to push the price up so that others could get out...so weird

[a2584728] 07/2/2018 11:44

This will be taken out at 20p I believe

[cossie] 07/2/2018 08:51

Some signs of life this morning

[a2584728] 15/1/2018 11:14

The chat is about a potential merger, however as with all mergers there will be a stronger company, if that turns out to be NBB sobeit

[a2584728] 11/1/2018 10:31

Need some follow through ideally