Norman Broadbent Share Discussion Threads

[tankerton] 12/7/2021 06:27

Its a shame Mike has gone, always got on well with him. Looking more like a takeover now.

[tankerton] 16/6/2021 10:09

Regardless of the takeover possibility, NBB will be seen as a good recovery play.

[gleach23] 16/6/2021 09:50

Agree with that tankerton. Yesterday's RNS regarding the appointment of Peter Searle as Executive Chairman will hopefully have helped in that regard.

After my last comment I've given up posting about the daily movements but to me the share price looks pretty intent on clambering over the 10p one of these days.

[tankerton] 16/6/2021 09:40

It does look like NBB are drawing some investor interest and gaining traction.

[escapetohome] 08/6/2021 17:38

Nice to see some heavy weight investors here.

[tankerton] 08/6/2021 13:54

Today`s action showing just how undervalued NBB is and how far off the radar it is for most investors. An undervalued stock that has something that the bigger players in its sector want`s, that has director interest from those bigger players taking a stake in NBB. Takeover or partnership, take your pick.

[gleach23] 01/6/2021 08:23

Very keen buying so far today. Looks like it's intent on hitting the top of the leader's board again :)

Edit - looks like I put the mockers on it today! Perhaps the 10p hurdle may take a little time to negotiate but at least it ended the day back on the front foot...

[battlebus2] 26/5/2021 19:59

Add my 2% to that 👍

[twodegrees] 26/5/2021 09:02

It is also worth noting that 79.56% of shares are in the hands of the below. Free float of shares is only 20.44%. so buys will move the price very quickly. I just realised I have 0.23%.

A list of Directors and Significant Shareholders and the percentage of their holdings is set out below:

Shares %
Downing LLP 11,840,909 21.44%
Ennismore Fund Management Limited 9,646,742 17.47%
Moulton Goodies Limited 7,666,059 13.88%
P Casey 6,787,505 12.29%
P Searle 3,401,360 6.16%
Premier Miton Group Plc 3,323,362 6.02%
Mike Brennan 1,135,481 2.1%
Steve Smith 50,000 0.1%
Fiona McAnena 63,333 0.1%

[tankerton] 26/5/2021 08:55

As I said before, NBB are trying to add scale to their business but they are a small company in their sector which has much bigger players. The sector has suffered during this pandemic and they can see that NBB has fared much better. If other companies decide they like the NBB business model and don`t want to spend 3-4 years developing their own, then a take out of NBB would make sense.
Peter Searle picking up 6% of NBB is indicative of interest in NBB by others in the sector and given the undervalued nature of its shares, a take out can not be ruled out.

[twodegrees] 26/5/2021 08:17

Peter Searle has picked up 6%,look at his portfolio and see he would not buy into NBB if it was going to fail.
I having listened to the interview with Mike this morning, I recall five years ago, him telephoning me and explaining what he wanted for the business going forward. It was a one trick executive search, it now has 6 aspects to the business which supports the overall structure. I have confidence that he and his team know what they are doing. I believe that other like businesses that are not advanced like NBB, will look to it for ideas, synergies and may result in NBB either buying up other businesses or a major player buying out NBB

[ga_dti] 26/5/2021 06:45

Watch our latest interview with Mike Brennan discussing final results and annual accounts for the year ended 31st December 2020:

[shanew48] 25/5/2021 17:54

So true value currently is most probably around the 30p + range, what sort of price do you think we could see in the event of a T/O? £1 + ?

[shanew48] 25/5/2021 15:04

What sort of turnaround is expected over the coming weeks/months here? presuming that 50p/£1 + should be seen once the wider market wakes up?

Barely any posts over on LSE, would have thought there would be more on there today and across social media in general, is todays rise based on yesterdays results? or has there likely been a little leak of much bigger news about to be RNSed? Thanks

[gleach23] 25/5/2021 14:47

twodegrees :) I'm happy with my trading profit but I couldn't even buy half of that position back now even if I wanted to and with buys continuing it all augurs very well for that move above 10p imo...

[twodegrees] 25/5/2021 14:24

gleach23, you naughty man, you should have held....only joking, I have a long way to go before I will attempt to sell, the lack of stock is obviously pushing the price, lets hope that some news comes along to help sustain the price.

[gleach23] 25/5/2021 14:20

You'll only get a layman's view of the chart from me twodegrees but having had a squint at the 7 year chart my hope would be that we establish support above 10p and then at some point move on from there.

I must confess to selling a trading portion of my holding just now @ 9.05 but will hold the remainder to see if the above transpires.

Nice to see NBB proudly sitting atop the leader's board currently!

[twodegrees] 25/5/2021 14:13

battelbus 2 obviously the market liked the results

[twodegrees] 25/5/2021 14:12

Has some news leaked ...every trade seems to be pushing the price along....

[battlebus2] 25/5/2021 14:12

10p is possible today. Who would’ve though !!

[twodegrees] 25/5/2021 14:11

WELL WELL, wakey wakey, cannot be much stock round, price moving up nicely, Gleach23, what are your price charts revealing.

[gleach23] 25/5/2021 10:47

Thanks twodegrees. I hadn't noticed it. It's a small amount as you say but it's consistent with there being only 1k of stock on offer today @ 7.5p.

The other thing I noticed yesterday was the increasing Bid price for the handful of sales that went through which is always encouraging.

[battlebus2] 25/5/2021 10:42

There’s demand that’s for sure, you can’t buy one share for less than 7.48p.