Northern Bear Share Discussion Threads

[wywcu1] 23/5/2012 13:47

This might interest a few of you oldtimers. I bought some shares at the end of Feb. I have still not received my share cert. Just spoke with my broker who stated that the counterparty (peel hunt) had not yet issued them. Apparantly there is a shortage of stock on the market.Very interesting!

[doodle1] 27/2/2012 07:57

KNIGEL
thanks - are the results due?

[knigel] 24/2/2012 21:14

Doodle1, people have been buying (like myself) this week due to the very low PE of 4. I expect share price to edge up to 13-15p by the time of the results...

[doodle1] 24/2/2012 10:47

ok I'm curious - whats the liklyhood of this flying again - and any substance to the recent spike?

All infoo appreciated

[falia] 22/2/2012 13:31

buying started again

[doodle1] 22/2/2012 13:16

Roy of the Rovers?

[falia] 22/2/2012 13:12

5% stake bought by roy

[falia] 22/2/2012 12:48

sellers out now

[falia] 22/2/2012 12:38

buyers back in

[falia] 22/2/2012 12:21

20p by close

[falia] 22/2/2012 12:13

this is moving on every buy

[b3842517] 22/2/2012 11:51

Lovely move upwards today, but no apparent reason?

[oranges] 20/10/2011 11:08

Company founder resigned Oct 11th 2011, bad sign!

[induna123] 27/1/2011 14:39

Possibly, Tom W hoping to salvage some credibility after his tip of 55p in Feb 09.

[christianf12] 27/1/2011 14:33

Wonder if t1ps fund have been buying, it's been going up on sells in the past 1 hour.

[induna123] 27/1/2011 14:17

Jonnyfro, I followed your tip from the CR thread but I didn't buy. Wish I had now.

[moreforus] 27/1/2011 13:54

on the move

[jonnyfro] 25/1/2011 15:30

Induna you in here?

Taken a position here today..

Unaudited Interim Results and Trading Update

Northern Bear is pleased to announce its unaudited interim results for the six months to 30 September 2010.

Highlights

■Revenue £15.9 million (2009: £15.6 million)
■Adjusted profit before tax* from continuing operations £705,000 (2009: £665,000)
■Adjusted earnings per share* from continuing operations 2.5p (2009: 2.4p)
■Net bank debt reduction to £9.1 million (2009: £10.1 million)
*Calculated before share based payments and exceptional items

Graham Forrest, CEO commented:

"For the first time in two years we are able to report improved pre exceptional results from continuing operations, compared to the corresponding period in the previous year.

"This solid performance, together with our robust cash management, have contributed towards a reduction in our net debt in the past 12 months of £1.0 million.

"We continue to take the necessary steps to best position our business in a rapidly changing market place, and in this regard, we are continually evaluating numerous new opportunities."

[induna123] 25/1/2011 15:18

The long term growth story and the short term upside risks are not. So that makes the shares a buy at 55p and at up to 82p with a one year target of 122p (8 times March 2010 earnings).


Old Tom Winni called this one wrong didn't he.

[mark1000] 17/1/2011 01:01

With the demise of Connought and ROK setting an example and the parlous state of NTBR`s balance sheet the problem will be suppliers shrinking or pulling credit lines. We have yet to see the real drop in public sector work with say a 20% fall in turnover over the next 12 months and tighter margins with material prices increasing will NTBR be able to generate the cashflow to make the loan repayments. NTBR could be another example of an acquisition hungary group that bought at the top of the market funded by borrowed money with so many examples of failed businesses in history this is a very discredited business model. The directors will do well to survive the current market capitalisation suggests they have only a very slim chance.

[blueliner] 14/1/2011 22:44

If Tommy Clarke is signalling today that it's results will be "below current market expectations", hurt by bad weather and margin pressure, and warned that worse would follow.
doesn't bode well for NTBR, in the eye of the storm so to speak.