Northbridge Industrial S... Share Discussion Threads

[gleach23] 07/1/2020 17:58

With the market quote going into the close @ 145-148, the underlying Bid was up @ 147 and just 1k shares were available to buy. After the close, a couple of late reported buy trades of 5k, one over the Offer @ 149, should set up continued strength tomorrow.

[brummy_git] 05/1/2020 09:08

Hi guys – this is a good, well reasoned, bulletin board for investors. We all have our own sensible thoughts & opinions, so let's respect those.

What we definitely don't want to do though, is stop them flowing wrt Northbridge, which personally I think is now well positioned, given the several secular tailwinds, favourable operational gearing, a lean cost base and low valuation. Thus presenting investors with a highly positive risk reward balance.

[bookbroker] 05/1/2020 08:26

Possibly the individual you are addressing!

[jacktrublu] 05/1/2020 00:29

My comments were directed to Calljoe I don't deal with people who use profanities and hide behind aliases, who are you ?

[bookbroker] 04/1/2020 11:08

Well in that case, try not to misinterpret the post 1834, this company’s business is principally providing services to the oil and gas industry, load banks and transformers, drilling tools. End markets mainly those above industry, but moving into renewables, essential services and such as hospitals, data centres for testing power systems. With their inventory they are very much operationally geared, so that higher utilisation of inventory has a strong effect on the P/L. in relation to cash flow. Seems at the current time they are seeing much higher utilisation, statements would adhere to that. Not sure why you hazard to contradict the vibes from the company. Sounds like you know of disgruntled staff members!

[jacktrublu] 04/1/2020 09:22

I respect your opinions, no issues, but I am not interested in pursuing a thread with obscene comments, am sure you understand.

[calijoe] 04/1/2020 08:37

Jackrublu - why are you saying that NBI is run poorly - ie "staff are aware"? Any examples?

Both the CEO & CFO seem like capable guys to me.

[jacktrublu] 04/1/2020 08:01

Easy my man.

[jacktrublu] 04/1/2020 06:27

Correct, wait till it comes down, nearly happened before !!

[deanowls] 04/1/2020 06:02

Think you are on differing wavelengths.

[jacktrublu] 04/1/2020 02:02

Bookbroker is correct, what you all may not know is how the company is run, this is not available to shareholders and potential investors, staff are aware, Buyer's beware !!!

[bookbroker] 03/1/2020 11:34

The fact that this company is earnings more revenue through having its load banks offering services to data centres and renewable energy sources should be seen in a stronger light, broadening its span away from the oil and gas industry. Hopefully the final results will show that emphasis!

[nw99] 02/1/2020 14:37

Lokin* good

[gleach23] 02/1/2020 10:50

Lovely start to the new year with an apparent distinct lack of stock available to buy.

GLA

[norbert colon] 11/12/2019 11:45

Also assuming a 7 x EBITDA multiples to FY19 numbers = 192p share.Chart bouncing off 3 yr uptrend lows Cannacord/Gresham adding Book value 130pCash earnings looking pretty decent with £3.1m op FCF All points to undervaluation

[edmonda] 28/10/2019 16:05

Yes, looks like a large seller being cleared out ?

Price fall in recent weeks looks unmerited after an optimistic outlook in last month's interims.

Updated research from Equity Development highlights significant gap between fair value of 204p/share and current price of 122p.

See full note here:

[gleach23] 18/10/2019 17:45

Well the 2 large trades (50k and 59k) I referred to in the post above have been dwarfed by the late trades reported today of around 1.4m @ 111p. Encouraging stuff.

[gleach23] 18/10/2019 12:34

2 large trades after the bell on Wednesday this week @ 105p seem to have cleared an overhang.

Having bought in about 10 days ago after the encouraging outlook in the Interims I'm a bit miffed that I could have topped up with a few yesterday morning @ 111p. That said, it looks well set now with buys coming in @ 124p.

[firtashia] 09/10/2019 08:59

Wonder if the MMs had been dropping the price deliberately to generate enough stock for the CEO to buy 10k yesterday.

[edmonda] 26/9/2019 08:30

encouraging progress from Northbridge at interims: revs +33%, EBITDA +90%, giving first reported PBT since 2014.

CEO 'looks forward with optimism'

Raised forecasts and fair value in new Equity Development research note, free access here:

[equitydev] 27/8/2019 12:30

Northbridge highlighted (page 4) as a potential acquisition target in today's M&A related research report - UK plc ‘going for a song’.

hxxps://www.equitydevelopment.co.uk/2019/08/27/uk-plc-going-for-a-song/

[edmonda] 02/8/2019 08:35

Not what they say today : 'much improved performance' and 'expect good progress for rest of year '

Equity Development research published , unchanged forecasts and fair value of 203p / share . Versus 135p today.

Note freely accessible here:

[jacktrublu] 07/6/2019 04:22

It may not sustain.

[edmonda] 04/6/2019 08:54

another encouraging update ahead of AGM on first 5 months trading at Northbridge Industrial Services.
No change to our forecasts and fair value of 203p / share.

Research freely available here :