Northamber Share Discussion Threads

[sleepy] 06/5/2024 20:27

Can anyone give me a link to the circular please?

[cjohn] 05/5/2024 18:16

What is the reverse of diversification?

Let's get even deeper into low margin distribution.

A marked drop in turnover for the acquiree company in the first half. But profit the same. Unaudited figures.

If those figures hold up, it'll be a bargain, but I suspect they won't.

[eezymunny] 30/4/2024 12:04

Another banging head against brick wall acquisition today IMO.

Hilarious. Madness IMO.

[profdoc] 28/3/2024 12:11

Every six months it's always circumstances beyond managerial control, never strategic positioning and pricing power error. Why not stop doing unprofitable things?

[sleepy] 28/3/2024 10:17

More news from the Chessington Asylum today

[balcony] 27/7/2023 08:53

Maybe a start with these options.

[profdoc] 13/4/2023 09:29

It'll recover with some fresh thinking on the Board - Just the application of simple Value-based Management metrics could transform the business. Alas, there is no sign of change.

[hybrasil] 12/4/2023 19:24

Ive been here for a very long time. Too date it has been the biggest value trapI have been involved with. Will it ever recover?

[rossco] 18/11/2022 20:29

Perhaps the management could use the surplus cash to buy out the private investor shareholders and take the company private. It’s been a long wait for profitability - and we’re still not there yet.

[spob] 18/11/2022 09:08

Final results

same old, same old

clueless management waving white sticks

[rossco] 11/11/2022 20:43

Worsley Investors increased their shareholding. Does anyone have any thoughts on WI?

[profdoc] 30/3/2022 11:26

Good to have you on board. If you detect a movement away from empty revenues, give me a shout will you and I'll look again.

[sleepy] 29/3/2022 14:57

Have bought and sold shares successfully in recent years and still have a shareholding

Am also still a subscriber to your newsletter

[profdoc] 29/3/2022 10:59

Wow, Sleepy, are you still there?? You have the patience of a saint. Do you remember the old AGM discussions of "empty revenues" when we were both shareholders? Seems they are addicted to them. Glen

[sleepy] 29/3/2022 09:40

David Niven said of Errol Flynn

“You can count on Errol - he’ll always let you down”

[sleepy] 21/11/2021 22:41

Surely this company deserves to be much better known?

[hybrasil] 19/11/2021 17:41

I have been invested here for a very very long time. Is it about to come good?It is value with 90+P worth of assets as against todays share price.

I suppose the new generation has to prove itself

[sleepy] 21/10/2021 21:59

NTV - well done on going through the statement to the end! If you find anything else that looks relevant please don’t hesitate to post

[ntv] 21/10/2021 16:50

Thanks for the info i just find these like subsidiary companies a little confusing. Should really have delved deeper and i understand they are exist to protect the property assets of the company

[watling17] 20/10/2021 21:37

Exactly...Anitass Limited merely exists to hold property assets of the group so at the consolidated/group level there is neither a debtor nor creditor. The "financials" are not "supposed to look" anything

[sleepy] 20/10/2021 12:03

NTV - is this what you are referring to:

“During the six months period, the company paid £150,000 (2019: £12,925) rent to Anitass Limited, a wholly owned subsidiary. At 31 December 2020 Northamber plc owed Anitass Ltd £6,325,000 (2019:£4,510,000)221;

Please note Anitass is a wholly owned subsidiary of Northamber Plc, not a Directors company

[sleepy] 19/10/2021 12:19

NTV - can you be more specific as to what you refer to?

[ntv] 15/10/2021 05:50

I was looking at this share as a potential value purchase. It looked quite good until I found what appears to be a very large spanner in the works
Under related party transaction it appears to owe a directors company over £6m an increase of over £1.8m ?! Maybe the financials are not as good as they are supposed to look

[balcony] 06/4/2021 07:09

I wonder if this is going to be used as a shell.