Northbridge Industrial S... Share Discussion Threads

[robertspc1] 12/8/2021 23:08

Keep the faith and look forward. Too many criticising past decisions which have no impact on the share price

[smithie6] 12/8/2021 11:48

Eezymoney

thanks

but the order for 25 load banks of 300kw each

personally I think that should have been presented much more clearly, personally I find it a bit woolly/vague.

for example
25 loadbanks, over how long ?
over 5 years & it doesn't matter much.
If delivering within 6 months & moving on to 2 shifts to do it, could matter & increase PBT perhaps.

[jacktrublu] 12/8/2021 09:19

I see all contributors are slowly realizing what I have said all along. Some staff were hired by Management who were their drinking pals and zero qualifications, the error list goes on.

Drink with the Boss and you get manipulated if you are not smart.

[brummy_git] 11/8/2021 17:37

One smallcap that could enjoy a transformational next 12 months its Northbridge.

Find out why here after today's positive H1 trading update. My new SOTP valuation is 205p vs today's 112p SP

www.linkedin.com/posts/paul-hill-a5994116_upgraded-northbridge-forecasts-sotp-activity-6831137015447257088-zD7q

[norbert colon] 11/8/2021 14:10

https://www.voxmarkets.co.uk/articles/northbridge-positive-pre-close-trading-and-strategic-update-66e3a2d/

[eezymunny] 11/8/2021 09:33

Smithie6

" Crestchic has recently signed a contract
to directly supply loadbanks and transformers to a major ecommerce retailer"

From the Edison note...

[deanowls] 11/8/2021 08:28

I’d agree Robert, but when people are still there that have made errors previously, it’s best to proceed with caution.

I’d love a proper explanation for the fees involved in paying off that loan and the meeting notes.

[gleach23] 11/8/2021 08:19

Hopefully this latest in a series of positive updates will help push us past 120p this time. I was surprised there was stock on offer @ 105p at the bell. There's not much sign of stock available to buy now @ 112p.

[smithie6] 11/8/2021 08:18

"In the light of continuing strong demand from the Data Centre sector, the Group has successfully deployed a trial fleet of server emulators into the hire fleet and have placed factory orders for the manufacture of an additional 25 300KW loadbanks'

can anyone translate this for me ?

Who placed the order for 25 300kw loadbanks, NBI itself or an external customer ??

These 25 loadbanks include server emulators ?
...it is all written in the same sentence ?

Directors are allowed to publish such vague opaque RNSs & Nomads sign them off for publication ?!

=====

'we paid 20% penalty fee to pay off some debt just 1 year early

are we not great financial wizards managing the assets of the shareholders'

or phps repeatedly incompetent for financial matters, while good at loadbanks.

[robertspc1] 11/8/2021 08:09

Keep saying it but share price looks forward not backwards. Everything is getting better so once investors look forward the shares will motor.

[edmonda] 11/8/2021 07:44

Yes, pre-close H1 update reports strong trading at Crestchic plus a positive order book. Equity Development upgrades PBT estimates for FY21 and see a conservative fair value at the moment of 152p/share

Read that new research here, free access:

[bookbroker] 11/8/2021 07:14

Good performance naturally by Crestchic, Tasman ought to be closed down or given to its own manangement, a waste of time for NBI.

[jacktrublu] 11/8/2021 05:52

Maybe by Mormons all doing different missions and getting now where fast.

[bookbroker] 10/8/2021 18:48

What is up with this company, is it the morons running the show, or just that they are being squeezed on margins. Whatever, Monkey Harris should have stepped down, he is part of the old guard. Past his sell-buy date!

[jacktrublu] 06/8/2021 07:41

Indeed they can, but current Management really don't know what they are doing, in this field, and this is the rseult of an acquisition that should never have been made.

Pete Harris will have a hard time with his co directors till he recognizes who knows whst if he has not yet seen the light.

[bookbroker] 06/8/2021 07:12

That will not happen, they will continue to manage Tasman should no acceptable bids be received. It can still be a profitable asset to hold.

[jacktrublu] 06/8/2021 05:20

Don't count on the sale coming off unless it is a fire sale ???

[robertspc1] 05/8/2021 11:59

To be fair a lot has changed since Peter Harris grabbed the reins a few months ago. If Tasman is sold the real value of Cresthic will rapidly emerge. The take out of Aggreko is a clear sign that smart investors know that rental businesses have massive operational gearing when demand picks up

[bookbroker] 05/8/2021 11:32

Harris is a dinosaur, this company could do with a opportunistic bid, market has no faith in management.

[jacktrublu] 04/8/2021 07:51

What deal ???

[robertspc1] 02/8/2021 11:45

Adding to pension again. Won't be available at these prices after Tasman deal

[jacktrublu] 27/7/2021 01:44

Forget the oil prices for a moment, it is a much larger threat for the drilling contractors than Cresthic or Tasman. Harris' hype in interviews and Hook before him is a convenient way to try and talk down their bad management.

I think both companies rent goods, there is no problem anywhere in shipping those goods. Load banks are not rocket science they can hire day rate techs to handle that in country wherever the load banks are rented.

Similarly Tasman all rentasl no personnel involved.

[bookbroker] 26/7/2021 13:02

Off course it can, in Oz it is about the restrictions on movement of personnel, not the price of crude. NBI more involved in gas extraction and geo-thermal energy.

[smithie6] 26/7/2021 11:57

continuous crude oil contract NYM is about 70$/barrel now

compared with ~40$ a year ago

can that help NBI at all or it really needs the oil price back over 100$ to produce a step jump in rental demand ?

[robertspc1] 21/7/2021 16:55

All stocks are retreating after healthy gains. NBI is very thinly traded and spikes up and down. I have bought a big chunk for my pension and will add more at these levels. I think in 18 months the shares will be double these levels