Norman Broadbent Share Discussion Threads

[twodegrees] 10/10/2023 11:30

Is the holding notification today, a new holder or is this the company tidying up its administration?

[1focusrite] 25/8/2023 09:29

It was, would seem every time NBB heads in the right direction someone small trades/sells it back down..... what is the point in that? Just sell up and get out or stick with it

[battlebus2] 25/8/2023 08:48

Ticking higher

[1focusrite] 01/6/2023 08:57

more selling, another Female NED gone, Male NED brought on (it is 2023); another step backwards. Interesting new NED looks like a former Downing "safe pair of hands"; former PLC CFO! mmmmmmm

[1focusrite] 31/5/2023 16:09

well, the share price didn't do much today.... no buys or sells...

[1focusrite] 31/5/2023 09:47

Totally agree - there is only so long a business can be in turnaround-mode - needs now to be in growth-mode; past is the past !

[battlebus2] 31/5/2023 09:10

I agree with most of that. NFI needs to continue to grow strongly.

[1focusrite] 31/5/2023 07:41

strong results on the headlines, but an operating loss, £50k cash in the bank, and significant debt still remain - with interest rates this is dangerous for 2023 - also Sales and related services headcount 2022 = 36 (5,095) vs 30 (3,952) - that is a concerning uplift in overheads, if also the 17 additional fee earners would suggest a very significant level of attrition (11). Reading the details beyond the headlines - financial liabilities are still reg flag...

[battlebus2] 31/5/2023 06:58

It’s a major improvement

[gleach23] 30/5/2023 20:24

Ought to be tomorrow since the update last week indicated results were expected to be released 'later this month'

[1focusrite] 30/5/2023 13:59

ok, why are people selling when the year-end results are literally about to drop any day?

[tankerton] 23/5/2023 10:49

Downing issued their results the other day. They have NBB down as a turnaround/takeover situation which pretty much sums things up.

[twodegrees] 23/5/2023 10:35

so 75.29 % of shares are held by significant holders.

The Company’s issued share capital, as at 24th March 2023, consists of 61,817,543 ordinary shares with a nominal value of 1p each (“Ordinary Shares”). No ordinary shares are held in treasury. There are no restrictions on the transfer of the Company’s AIM securities.

Insofar as the Company is aware, the percentage of securities that are not in public hands is 75.29%, these being held by directors and significant shareholders.

[twodegrees] 23/5/2023 10:35

ah now I have remembered...

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

Shares %
Ennismore Fund Management 10,560,888 17.08%
Mr Pierce Casey 8,795,243 14.23%
Moulton Goodies Limited 8,392,353 13.58%
Downing LLP 7,426,252 12.01%
Foresight LLP 3,840,620 6.21%
Mr Peter Searle (Director) 3,723,929 6.02%
Premier Miton Investors 3,151,660 5.10%
Mr Kevin Davidson (Director) 449,100 0.73%
Ms Fiona McAnena (Director) 201,555 0.33%

[twodegrees] 23/5/2023 10:32

This will continue to move up on buys, if I recall from years ago, the stock has a small amount for trading.

[gleach23] 22/5/2023 12:38

Could be worse - Q1 2022 showed a 20% decrease on Q4 2021

They seem to be trying to tell us something - was there really any need to issue a Q1 trading update when they could have included it in the Finals due in the next 10 days?

[1focusrite] 22/5/2023 08:46

I am not sure, I was hopeful but a 4% uplift in NFI on the previous quarter performance could be better; like the share price; q1 looks flat! lets hope the year end results look better and q2, q3. and q4 do not continue to be flat

[gleach23] 22/5/2023 08:23

It does seem as though a corner has been turned here...not often one gets strong trading update messages in consecutive trading days :)

[twodegrees] 19/5/2023 17:06

We have heard it all before. This consistently suggests news will be better and yet continues to fail...

[1focusrite] 19/5/2023 14:56

Yes, dropping the "consistently strong trading performance" line would suggest some strong results are coming.

[gleach23] 19/5/2023 13:43

Didn't need to wait until results 1focusrite :)

Seems a sensible outcome to repay half now and half in a year...also good of them to drop a line in the announcement about 'consistently strong trading performance'

[1focusrite] 12/5/2023 08:33

positive to see the share price holding, full year results are and only a few days left on the convertible loan notes 1st anniversary; assuming they will be taking the hit on the additional 2.5% interest uplift until the 2nd anniversary in 2024 - lets hope they can pay that back before the jump to 30%! Can't see that converting as it would possibly take downing over the limit; unless they also sold down, but can't see anyone winning from the pressure of 30% interest on £400k if it has all been drawn down on - guess we will find out in the results soon!

[gleach23] 09/2/2023 13:32

Pleasing to see only around 10k shares currently available to buy at 6p despite the 37% rise thus far today

[battlebus2] 09/2/2023 13:01

It should. 🤞

[battlebus2] 09/2/2023 13:01

It should. 🤞