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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Northgte.Inf. | NIS | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 95.25 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 95.25 | 95.25 |
| Top Posts |
|---|
Posted at 13/9/2008 21:32 by balcony i now think we were lucky to get 90p,NIS would be in the 20s in the current climate. |
Posted at 13/9/2008 18:59 by slaterlp Does anybody know why IC this week suggests that NIS is a good defensive investment?Are they relisted? |
Posted at 12/4/2008 00:54 by energyi Price Change % Change 0.215 +0.035 +19.44% GLOVER ISLAND is one of the drivers... Crew Gold Corp (CRU) agreed to complete a $5,000,000 drilling program over the next 4 years and $1.5 million is to be spent by October 27, 2008. It is believed that the gold potential is far in excess of 1,000,000 oz. and amenable to open pit mining. NIS management can confirm the below summary. Brief Summary of Glover Island Gold Potential The Glover Island Property 100% owned by New Island Resources comprises 201 mining claims covering a 16 kilometer zone of 20 gold zones mineralization. Eighty percent (80%) of the drill holes to date have mostly focused on testing only 3 of the 20 known prospects, the Lunch Pond South Extension (LPSE) and Kettle Pond South (KPS) Zones, separated by 1 km. The gold mineralization at these zones is predominantly hosted in felsite sheets up to 35 meters thick and has defined an Inferred Mineral Resource of 4.45 Mt grading over 2.0 g/t Au (over 250,000 oz of gold). These gold mineralized zones are open along strike and may be connected, thereby indicating a potential for significant tonnages over several kilometer, which may be amenable to open pit-mining methods. The latest drilling continues to define thick, gold mineralized sections grading up to 2.3 g/t from surface, now to a new depth of 200 meters, and also high grade shoots up to 16.39 g/t. The 70 holes drilled to date at selected targets along the 8 km section of the 16 km GI Belt confirm the potential for outlining much higher tonnages of economic grades. Many untested drill targets exist along the GI Belt such as the Tomahawk Zone containing up to 22.7 g/t gold in trenches and quartz veins such as the Discovery Vein with 35 g/t over 3.8 meters. Extensive testing along the 16 km GI Belt is required to fully evaluate the gold potential on Glover Island. There is lot to look forward too. /see: |
Posted at 23/12/2007 01:37 by grlz slate - I agree with u totally - 95 it's a giveaway but fair value at this point - Arinso I know will go well and NIS if it remains independent could easily carry a 120/150 share price valuation as a result -> problem is what I or anyone else believes counts for sh#t as Arinso has yet to prove it's worth, even though early signs are good this is all washed away by the high debt NIS currently carries eg. MS noteKKR will now speculate with this risk but I believe Stone is sticking around as CEO and KKR will fund a continued expansion programme as well as the pension shortfall so great news for staff. I would like another bidder to come in but I doubt it KKR hold 19.9% and are buying more. The bid is all cash and they have the NIS Board behind them - They could have offered 80/85 but 95 prices out Silverlake and any other debt based offer. I am going to hold until I get 95 direct as the % is there and it's assured. imho The market is unforgiving and the Arinso purchase pushed the limits - I believe Stone's strategy was right as Arinso takes the company to another level, pity the "credit crunch" shone a harsh light on it after the event - Stone is capable of delivering the objectives KKR want and KKR can deliver in lower cost debt facilities than NIS can negotiate as a standalone business so the deal works KKR rehashing Northgate's view of Arinso being transformational is a poke to Numis who are looking like idiots. The analyst over at Numis should bank his bonus quickly imho.. I know a few here have made a decent return but the real winner is Jos Sluys former owner of Arinso - he sold Arinso to Northgate at the top of the market and now makes a huge additional profit on his NIS stake - his Christmas has come early!! we didn't see a "£1 by xmas" but it got close enough ;) |
Posted at 22/12/2007 14:51 by togglebrush "Back of a Beer Mat number" these are thoughts and ROUGH numbers on the takeoverOn Friday morning:- Those who have irrevocably undertaken to do in respect of their own beneficial Directors holdings of 1,660,231 representing approximately 0.3 per cent. Those who have each today sold to NIS Acquisitions:- GAP North Limited (a General Atlantic company), 68,780,000 Northgate Shares and Jos Sluys, a Director of Northgate, who 45,349,200 Northgate Shares, in aggregate representing 19.6 per cent. Other parties:- Party Interest in Northgate Shares Goldman Sachs International 9,541,803 (long) Goldman Sachs Asset Management L.P 150,299 (long) Goldman Sachs International, which is authorised and regulated in the UK by the FSA, is acting exclusively for NIS Acquisitions. This doesn't yet add up to a KILLER 29.5% of share holding By Friday evening using Market Forces. Market Volume was 181,655,570 transaction or 15% plus of shares changed hands. WHO BOUGHT them I know not.??? Prices seem to be around 91.5 Buy and 92.5 Sell An interim dividend of 0.29p is payable on 21 January 2008 to shareholders on the register as at 4 January 2008. (Ex 2nd January) Timing Expected to become effective in March 2008 SELL or not to SELL that is the question ??? i) Another offer is POSSIBLE ii) A price increase under shareholder pressure POSSIBLE iii) Hold for 3 months receive an extra 3.5pence plus 0.29 pence dividend then shares acquired without paying commission. That is an extra 4.5% over three months or say 18% annual yield. PROBABLE. Do your own calculation please! iv) All goes pear shaped ... just might be possible! Opinions and comment is invited. |
Posted at 19/12/2007 19:05 by superglide Promise goes south at NorthgateNIS Published date: Wednesday, December 19, 2007 Northgate Information Solutions (NIS) Interims PTP: £0.52m (£13.9m) Divi: 0.29p (0.24p) Good order wins, a backlog worth £624 million and a 21% hike in the interim dividend suggest the IT services expert has a future rich in promise. But investors remain concerned about the Hemel Hempstead firm's £416.4 million net debt burden and how the company accounts for its research and development expenditure. The shares of Northgate Information Solutions plunged 13% in the two days after the figures were published and hit 59.5p. This is their lowest level since autumn 2004 and is way below the 95p twelve-year high achieved last autumn, before management batted away unsolicited private equity approaches. Northgate's debts soared primarily as a result of June's £251 million Belgian acquisition ARINSO, even if early profit margin expansion suggests the new addition has settled down well. Shares says: High financial leverage remains a worry. AVOID by: Russ Mould NIS Published date: Thursday, July 12, 2007 Northgate Information Solutions (NIS) Finals PTP: £31.9m (£30.6m) Divi: 0.72p (0.6p) Despite a welcome acceleration in organic growth in the second half, doubts continue to linger over how the Hemel Hempstead firm intends to integrate June's £251 million Belgian acquisition ARINSO. A fat order book of £389.8 million, equivalent to 111% of last year's sales, at least offers good visibility and Northgate's robust recurring revenues and strong cash flow attracted private equity bidders in October. These approaches were brushed off, however, and despite the possibility of trade buyers emerging as the IT industry consolidates, the £474.5 million cap's shares remain mired at 81.75p, well below last autumn's 95p 12-month peak. ARINSO operates in 27 countries worldwide and provides SAP-based human resources solutions, which compete with Northgate Information Solutions' own software package in this area. Shares says: Not expensive on a prospective PE of 13 for 2007. by: Russ Mould NIS Published date: Thursday, July 12, 2007 A developer and supplier of human resources and payroll software, NIS has been kept busy with numerous acquisitions in the last few years and has managed to create a powerful position in HR software, with a 30% market share in the UK. Management is building a solid reputation by making logical acquisitions and integrating them smoothly. The latest deal, with Arinso, looks like another key acquisition in the HR area, capable of turning NIS into a global player. Andrew Gibson from Galvan Research and Trading says: 'NIS is in a great position to deliver earnings growth. It has targeted niche areas with good growth potential and its market share should enable it to gain a competitive edge. The recent healthy results and director buying represent good grounds for a further rise in the share price.' BUY Northgate Information Solutions Target 90p Stop loss 77p TIME TARGET: 4 WEEKS |
Posted at 16/12/2007 10:21 by slaterlp Yep, I agree.And I cant think of any other reason to explain why the share price is so low, other than your earlier comments about human nature ---- illogical emotional. Its greed and fear. Currently its fear that has the lead in the NIS story. But why should that be, and what exactly is the fear? I have pondered this for a long time with NIS, and each time the share price has dropped, I have aked myself one question. Am I worried enough to sell the lot? The answer has always been a resounding no. Its still no. So if I am prepared to hold, why not buy more? If I am not worried enough to sell, am I worried so little that I am prepared to buy more? The answer unfortunately has also too frequently been no. And is still currently leaning towards no. However, I feel like taking a gamble on the basis that there is not much downside even if the share price simply remains more or less where it is. So why dont I do it? Fear. I think its the fear that there is something in the woodpile (accounts) that is just waiting to be found out, and loose me my shirt so to speak. I think the trouble with NIS(MDIS) and companies like them, is that memories are long. And it just seems too good to be true sometimes. Someone, Numis now, is always looking for a reason to prove that its all on shaky foundations that are about to collapse. And it worries us. But on the other side there are better informed players that make a fortune out of that fear. When I look back over the last 8 or so years that I have held NIS, I see many many buying opportunities that I failed to grasp. But for all that I have managed to aquire over 60000 shares and I am not loosing money yet. I am just not making as much as I could have made. So yep 90p would be ok, but I want more. Greed. Will it outweigh my fear and convince me to buy more on Monday? All just my oppinion of course.:) |
Posted at 13/12/2007 12:58 by grlz chrisc - NIS has significant PE shareholders like GAP @13%, any bidder essentially needs the Board's recommendation - last year the world was awash with cheap money and during the 2006 bid Stone convinced the N/E Directors + Main board that any offer below 105p didn't adequately reflect the company's value going forward - Stone structured as 73% hedged credit facility of £513m (advanced £416m) to buy Arinso building upon an existing relationship with Barclays who had advanced credit to previously acquire Sx3. Arinso was a top of the market purchase but is integrating well, just financially it has knocked the balance sheet but Northgate's cashflow is such that it can trade that out and INCREASE THE DIVI which everyone seems to have forgotten about. Cheap money has vanished but then again NIS is now in a repayment cycle to reduce debt after acquiring Arinso and does not need to refinance plus the rates it has secured are fairly decent and majority hedged. If a bidder(s) table 80/90p Stone cannot argue and the board will recommend - The bidder(s) need to see the books for due diligence, they will only be opened if the price being talked allows further dialogue and that's why the market is cautious as no one has shown their hand. imho/dyor |
Posted at 10/12/2007 07:09 by hotfinance14 Northgate Information Solutions PLC10 December 2007 NORTHGATE INFORMATION SOLUTIONS PLC Interim Results for 6 months to 31 October 2007 Northgate IS delivers strong organic growth and cash flow following transformational acquisition Northgate Information Solutions plc, the international supplier of specialist software systems and IT services for the human resources and public service markets, today announces its interim results for 6 months to 31 October 2007. Financial Highlights 2007 2006 Change Turnover £246.3m £165.2m +49.1% Adjusted(1) Operating Profit £31.5m £25.6m +23.0% Adjusted(2) Earnings Per Share 2.84p 2.96p -4.0% Dividend 0.29p 0.24p +20.8% Highlights: Northgate becomes a global HR software and services supplier with the completion of the ARINSO acquisition Strong organic growth across all divisions; up 6.6% Total order book rises to £642.0m, up 11% organically Adjusted operating profit up 23.0% to £31.5m, including maiden contribution from ARINSO ARINSO operating margins rise to 9.5% as integration begins Continued growth in operating cash flow. £32.7m generated in the period Dividend per share increased 20.8% to 0.29p per share Ron Mackintosh, Chairman, commented: 'This has been a period of great activity for Northgate. The group completed the acquisition of ARINSO, its largest and most significant to date, during the half year, which has transformed the group into a global provider of HR software and services, with operations in 46 countries. This acquisition is already delivering substantial benefits, with the group winning a number of significant new orders and the integration process running ahead of our expectations. Our Public Services division meanwhile has continued to deliver critical systems to both local and national Government and delivered good organic growth whilst our Managed Services division has built on the strong position it has secured in the Government's Building Schools for the Future Programme. Overall, we have built strong foundations for future growth, both in the second half of the year and beyond.' Chris Stone, Chief Executive, commented: 'The figures for this half year demonstrate both the strength of the Northgate group and its enormous potential. During the half year all three of our divisions delivered organic growth, strong cash flow, and strong order intake. All three have strengthened their positions in their key markets. In addition the acquisition of ARINSO is proving to be even more promising than we had envisaged; it has enabled the HR division to win a number of significant long-term contracts and accelerated the evolution of our business from a software and services supplier into a true global outsourcing group. In terms of outsourcing, HR stands today where the IT industry was 15 years ago. The opportunities for growth are substantial and we now have the breadth and scale to capitalise on them.' |
Posted at 21/11/2007 20:13 by beercapafn Hotfinance14.You are unbealivable.. I mean Unbelavilable. You are saying anything below £0.70 is a bargin. You chastised me when I sold at £ 0.84 and said that I was puting my money in RIO at £36.00 as I was fed up with not undertstanding why NIS was not responding to investiot sentiment. Well... NIS does respond to investor sentiment. It is % 30 of the price. That is in real tearms less. That is not sentiment, that is less money than before. To the 50 % I made on RIO would mean that NIS would have to be £ 1.26. I think I made the right desision. All the Posters on this tread whant honist even comment on the stock. What we don't get from you hotfinance14 is that you pump the stock, whatever happens. Day in Day out, you always say brillient, or, the 'market' is undervaluing the company. It is now £0.60 somthing. Don't you get it.. You have lost your money... If you ever had any investted in it. Beercap. |
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