Norman Broadbent Share Discussion Threads

[twodegrees] 20/2/2019 15:17

Fido, you seriously must be joking...turnaround, yes share price falling off a cliff...can you tell me why if the turnaround is meant to be so good.

[fido] 18/2/2019 19:34

The turnaround gathers pace.

[twodegrees] 13/2/2019 15:20

The company is still not making a profit , therefore the market will fail to be impressed. Come on Norman Broadbent you have had enough time to sort out the mess , you should be profitable by now.

[twodegrees] 13/2/2019 15:18

The company is still not making a profit , therefore the market will fail to be impressed. Come on Norman Broadbent you have had enough time to sort out the mess , you should be profitable by now.

[twodegrees] 13/2/2019 15:17

MIGHT be higher revenues but the share price is still being sold.

[twodegrees] 04/2/2019 16:00

seriously, is someone having a laugh, why would you sell 6 shares or why sell 17 shares as trades show today. Surely the cost of selling them makes it a worthless exercise. When are we ever going to see this share price move North...Promises Promises from the board

[jon123] 16/1/2019 17:14

in this market no news is good news

[twodegrees] 16/1/2019 16:59

This has turned out to be a right boring share, no trades, no news

[advfn_sales] 21/11/2018 17:28

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[fido] 05/10/2018 09:56

battlebus2,
Yes I have spoken to Mike and as I said before, he is totally focused on returning NBB to profits. The market still values this as a perpetual loss maker so when returned to profits we should see a marked improvement in the share price, magnified by the lack of shares.

[battlebus2] 04/10/2018 21:30

Fido have you spoken to Mike? Good to see today’s rise anyway 👍👍

[fido] 04/10/2018 19:19

astonedt.
I said that this is a turnaround situation and it is.
The reason that NBB is this low is that they have been loss-making for many years and that is fully reflected in the share price. What is not reflected is the turnaround is now well formed and evidenced in the interims. Going forward we should see NBB back to making profits by the final results and increasing thereafter. For such a lowly rated stock as NBB, that turnaround would have a substantial influence on the share price but when you throw in the fact that this is such an illiquid stock then that effect is going to be very marked indeed.
Before anyone accuses me of ramping I should add that my confidence is born out of my discussions with the CEO who is highly focused on making NBB into a highly rated and profitable company. He currently views NBB`s share price as a hidden gem and fully expects the company to be re-rated going into the finals.
I will not push the point as I have already said that this will be re-rated but if you don`t want to take my word for it then take a look at this presentation and listen to Mikes words very carefully.

[twodegrees] 28/9/2018 14:35

fido, pull the other one, we wait and wait and wait, share price has been going lower and if the market thought the results today were any good then the share price would rise a lot more than it has. Directors knowing this so called good news should be flocking to buy...not happening...

[fido] 28/9/2018 09:41

I will repeat what I said back in August.
In effect, this is the last chance to get in at these levels as we are now heading for profits which considering this is such an illiquid stock is going to see a sharp rise in the share price.

fido14 Aug '18 - 23:33

We are now at a time when the efforts of the turnaround should begin to be seen in the results. As this is such an illiquid stock then any positivity will see a sharp rise.

[battlebus2] 28/9/2018 09:20

Interims showing more progress and losses cut. Still think this will come good.

[twodegrees] 15/8/2018 15:54

Having read
the article about being ahead, no numbers are shown, it all sounds and reads so well but the company is making any profit so how many more quarters is it going to take before actual profit is made...

[twodegrees] 15/8/2018 15:51

fido,I do not see any optimism with this share. It is tightly held and the ordinary PI, like us does not get a look in as the spread is always so wide...then again even with good news no one is buying. Been here for more than 8 years and still do not see any light at the end of the tunnel..

[fido] 14/8/2018 22:33

We are now at a time when the efforts of the turnaround should begin to be seen in the results. As this is such an illiquid stock then any positivity will see a sharp rise.

[hughwilson] 31/5/2018 09:27

As I said:

[twodegrees] 30/5/2018 16:11

how can executive director m. brennan justify 219000 salary and benefits for 2017, when he received 1470000 for 2016. taken from the financial report that I have just read when the company has less cash than last year and still is failing to make a profit.

[twodegrees] 30/5/2018 14:14

p.s the spread is also too big and does not encourage trading...those large holding's amounting to over 70% are happy with what they have but the small p.i. just keeps getting shafted.