Northern Bear Share Discussion Threads

[value hound] 29/11/2024 07:53

Agreed This_is_me; extremely undervalued IMO.

[this_is_me] 29/11/2024 07:45

Solid progress reported.

Paying off the buy back loan quickly is a good sign. It is good to see investment in areas that are doing well.

It looks like H Peel is suffering along with the leisure industry. If this doesn't change and it can't expand into new areas it might have to be downsized or even get the chop.

Overall it just shows how undervalued the company is and how big the potential for dividends is when the term loan is paid off.

[taylor20] 28/11/2024 20:00

Results tomorrow? Weather been pretty rough so not expecting fireworks.

[rmillaree] 11/11/2024 13:45

obviously one additional item is employers NI increases - NTBR will deffo have extra costs there so to me the marekt may be factoring inm stuff before the company updates us?


per stocky current year eps figures have dropped recently from 14.5p eps to 10p eps. Stocky should NOT be relied upon as being accurate and this is perhaps tardy update from July news ? eg if brokers updates had been withdrawn and stocky was stuck with outdated info in absence os formal estimates Current net profit is showing up as being excpected £1.38 mill this year - 1.55 mill next year and 1.62 from previous year.

the comments below should have led us to perhaps expect lower numbers in 2025 so thats no shock to me - perhaps its just taken time for peoiple to realise earnings will likely be going backwards before going forwards. Many investors might simply move on rather than hang around for promises of beter things in 18 months time.

To be fair to then board tehy have not give me any reason to worry about long term prospects. Hopefully they are being cautious and upfront as to where they are. Perhaps there is reason to hope they might actually deliver better than expected later on so- they wouldnt dampen expectations to aid with sharae options beiong ranted now would they (tongue in cheek comment)

Perhaps the main danger here is that peak earnings have passed if costs are going up and they cant easily get increased pricing from potential customers - everyone should be in the same boat though in that regard.


per company at year end time

We have made a satisfactory start to the FY25 and results to date have been in line with management expectations. That said, the new ventures referred to above will have a short-term impact on profitability due to investment in overheads (primarily people costs) expected to be c.£0.3 million in FY25. We are targeting that these ventures will be trading profitably and generating cash by the following financial year, ending 31 March 2026. In the event that they do not progress as planned, we have not made any long-term cost commitments.

[tiswas] 11/11/2024 11:29

Gee, now what?

[rmillaree] 23/10/2024 14:54

yes - its probably was too good to be true this holding up in price whilst that maain seller was exiting the building - i thoughtb that storm being weathered was a positive sign. As you say until we get passed the budget most aim stocks are probably simply no go. Shame i havent sold every time this spikes up past 6p ready to buy back later - i could have actually made some money with this share over the yhears if i had employed that tactic - sigh

[tiswas] 23/10/2024 14:06

Looking pretty damn cheap again. Pre budget worries presumably but looking good for the long term imo.

[rmillaree] 30/8/2024 10:18

on stocky i have eps expectations for 2026 showing up and thats only for 10p eps - compared to 14p for the current year. Seems slightly odd they are expecting a material drop into 2026 - anyone got any clues as to why that might be the case. Hopefully its just ultra caution ref future years - thats fine by me as with tis company "it is what it is" i dont think we can expect their crystal ball to work as far out as 2026. Having said that if they expect to do 14p that year shame they dont have the conviction to go on record. Note with stocky sometimes removed/outdated guidance can be present - so i dont even know if thats a curent live broker estimate or not.

[rmillaree] 30/8/2024 10:14

based on recent past and comments below i would be hopeful 4p per year might turn up (2p each 6 months for last 18 months). the reality is it will fully dependent on operating performance and available cash - on the basis 10p plus eps is expected 4p per year seems very do able.



this is what they said last month -



We also recognise the importance of a regular dividend to the Company's shareholders.

As a result, the Directors propose the payment of a final dividend of 2 pence per ordinary share. This would be payable on 25 September 2024, to shareholders on the register on 30 August 2024. This is subject to shareholder approval at the Annual General Meeting, to be held on 19 September 2024.

Our intention is to continue with a progressive dividend policy, subject to the Group's relative performance and after taking into account the Group's available cash, working capital requirements, corporate opportunities, debt obligations and the macro-economic environment at the relevant time.

[tiswas] 30/8/2024 09:39

Does anyone have an idea as to divi going forwards? Stockopedia showing zero.

[aimwinner] 14/8/2024 15:13

Did anyone else see this, I only just have. They released it at 17.40 the broker needs a slap its bad news you release after the market closes not good!

Director Dealing

Northern Bear (LSE:NTBR), the AIM quoted group headquartered in Northern England providing specialist building and support services to customers across the UK, announces that John Davies, Chief Executive Officer of the Company, purchased 16,634 ordinary shares of 1p each in the Company (the "Ordinary Shares") at an average price of 60.1p per Ordinary Share.

Following the purchases, John Davies holds 41,228 Ordinary Shares in the Company, representing approximately 0.30 per cent. of the Company's currently issued share capital (excluding treasury shares).

[aimwinner] 21/7/2024 17:04

Arthur
I have no idea either so why not email the company and ask Tom to explain it to you, then please share the answer on here.
It will also be a good test of their new open communications policy now that Jeff has gone.
Good to see we get 2p I thought that given the amount they have returned in the last year we would get nothing.

[arthur_lame_stocks] 21/7/2024 13:52

I've just been taking a look at the accounts and I can't be sure that mine are correct, but as far as I can see for the last two years cash spent on fixed assets has far exceeded depreciation yet I can't see this reflected in the balance sheet.

Can anyone explain this for me?

[zangdook] 18/7/2024 18:15

I somehow missed this:

As a result, the Directors propose the payment of a final dividend of 2 pence per ordinary share. This would be payable on 25 September 2024, to shareholders on the register on 30 August 2024. This is subject to shareholder approval at the Annual General Meeting, to be held on 19 September 2024.

[royaloak] 18/7/2024 15:42

Picked up a few at 60p in the end of day auction, terrible spread offered by MM's!

[rmillaree] 18/7/2024 07:52

for sure eps is understated due to average shares in issue

tickover stuff here not much to say anyone waiting for anything exciting to happen here may be old grey grizzly and bald befroer anything happens - oh thats me now i have been holding that long - perhaps i will be in my basket by the time anything interesting happens.

Nice to have an old skool simple set of accounts to look at

[taylor20] 18/7/2024 07:24

So EPS is really 11.8p based on the current number of shares in issue?

[this_is_me] 18/7/2024 06:31

Everything going steadily. With what seems a very competent board in place we should see progress over the next few years particularly with the new government intending to increase construction.

[this_is_me] 17/7/2024 09:34

Yes, hopefully he will buy shares in the not too distant future.

[zangdook] 17/7/2024 08:02

new guy looks quite high powered

[ed_derby] 05/6/2024 10:27

Aimwinner … Cheers for the update
👍👍

[aimwinner] 05/6/2024 10:07

ed
The trade printed in 7 different amounts so I think that must be 7 buyers.

[thebd11] 05/6/2024 09:56

If they were bought back by the company they would need to be declared (as a transaction in own shares). Similarly l, notification is required if any single went over 3%, whether as a new or existing holder reaching this mark by way of increasing their stake (FYI I think 3% is about 412,000 shares), or if there was director buying or a major shareholder crossed another percentage threshold

[ed_derby] 05/6/2024 09:47

Presuming the shares have been sold to one or two people / institutions … and they are now material shareholders (or were already) … does that mean there’s likely to be a disclosure in the near future ?

Or could they have been bought back by Northern Bear ? … and would this have to be disclosed too

[Apologies if my question highlights a low level of understanding about how things work]

Long time shareholder