Northgate Information Solutions Share Discussion Threads

[balcony] 15/6/2007 11:03

No everything as gone back to normal,there was a auction for stock at about 10.10 and 2 offering 81.75 for well over 100k shares maybe just someone pressed the wrong keys.

[hotfinance14] 15/6/2007 10:41

Bid...cant see it at the moment balcony.

[balcony] 15/6/2007 10:13

Bid on the way?backward quotation

[slaterlp] 14/6/2007 18:02

grlz,

Yes, your right, but I think maybe I already missed the bottom, I think I'll see how it closes out the week and buy on Monday.

[hotfinance14] 14/6/2007 07:06

Northgate and NSR Management announce new housing repairs agreement
12/06/2007 [Trade / PR]


Northgate Information Solutions, a leading provider of innovative technology solutions to the public services and utilities markets, and NSR Management, which provides National Schedules of Rates, today announce the signing of a new joint promotion agreement designed to deliver increased efficiencies for organisations in the housing sector.

Northgate currently provides its repairs diagnostic software, RepairFinder, to customers across the UK. Housing repair booklets distributed to all tenants are used as guides for the reporting of faults within their home. Each fault, from a loose manhole cover in the grounds to a broken cooker switch, has a unique number which is then entered by staff to enable the correct expertise to be quickly allocated to the repair.

NSR Management's National Housing Maintenance Schedule allows customers to allocate repair work to external contractors confident that the charges are based on a pre-determined and agreed system of measurement and pricing. Without the National Schedules, the customer would have to create their own schedule, obtain a series of competitive quotations for each repair, or issue orders without an estimate, creating difficulties in planning for the management of high numbers of properties and leading to potential delays in repairs.

The new agreement will see Northgate and NSR Management jointly promote their applications to their housing association and local authority housing department clients, who can now benefit from:

• increased efficiency through seamless integration between the two applications to minimise manual processes;
• the opportunity for cost savings through streamlined joint procurement;
• additional integration with Northgate's InterFinder where required, which enables tenants to report faults in their homes online.

Speaking today, Joe Bradley, Managing Director of Local Government & Social Housing at Northgate Public Services, said:
"We are delighted to announce this new agreement with NSR Management. Both parties share a commitment to delivering efficient and effective services to housing organisations, with the ultimate goal of providing a better service to tenants. We look forward to working with NSR Management as we seek to deliver an improved housing repair service to our clients."

Sue Rickard, Joint Managing Director of NSR Management, added:
"For over 20 years, NSR Management has been helping organisations in a range of sectors to save time and money through the use of National Schedules. Housing organisations are under increasing pressure to deliver effective repair services at reduced cost, and we are pleased to announce this partnership with Northgate to provide an additional option for customers looking to deliver further improvements to their tenants."

[grlz] 13/6/2007 12:54

slate - maybe a good move as chartwise the price has remained solid given the pending acquisition and in the past the share price has rose within 6 months of completion

aimho

[slaterlp] 12/6/2007 17:38

I am hoping for a bit of panic selling to cause the share price to drop. I want to get some more at around the 72 ish. mark.

[lightning] 11/6/2007 19:13

slaterlp - Not all that much selling according to the trades today. Discounting the 200K trade, buys were leading sells all day. There is a possiblity that the 200K was in fact a buy. If the order were placed earlier in the day it would match quite a few other buys at 77.5p. No way of being sure as far as I can see. Maybe the small drop in the share price supports you theory though.

[slaterlp] 11/6/2007 17:43

Quite a bit of selling going on.

[slaterlp] 08/6/2007 17:42

Thanks ards. Thats good to hear.

Nope Uncle John, me not Tammy Wonderfrother. :)

Its just that I have held these for so long that I have a kinD of love hate relationship with NIS.

I think the concensus was that over 110 was need to be even be considered for a buy out, and the PE's wanted it cheap.. Plus management sees more value in the long run. I think it will work out that way as long as they can make the most of this latest buy. Its just that the market doesn't seem to have faith that NIS will deliver. But slow though they are, I think they will. The next years revenues will be the test.

As for TW. He has been right about this one. If you look at when it fell to the low 20s, he was a storng buyer.

[ards] 08/6/2007 08:33

tw had downgraded to strong hold pending review of acquistion risk. upped again to buy after nis purchased more ari shares. target 120.

[uncle john] 07/6/2007 21:34

Slaterlp I do mean this in a lighthearted way but are you Tom Winnfroth in light disguise?

I think you are right about there not have been a proper bid. Did the CEO dimiss it out of hand. He could at least have found out what people were willing to value OUR company at. Is he arrrogant, making money from salary and indifferent to shareholder value.

Buying the freehold of the premises at Buncefield was not the wisest move when does that get sold and the cash returned to the company. Have they bought the new site.
Cosing down now until tomorrow.

[slaterlp] 07/6/2007 17:43

Uncle John,

I wonder if you were in NIS, when it was still MDIS. Then is was known as THE stock market dog, and had been for some time. But its a different company now, and its hard to believe that it still suffers from its MDIS days. But maybe it does. apparantly good news and progress almost always results in an share price fall or at best stagnation.

Like you I suspect, at 78p, I wish I had sold all at 90p, and bought back later.

I hadn't realised that an offer was actually made, I understood that there wasn't a large enough figure discussed and talks were terminated.

With hindsight, yes I agree this is taking a pretty long time to deliver from a shareholders point of view. I could have had my 45 plus grand elsewhere a few times but hold because I do think, as Hot says, that being patient with this one will pay off.

I also think that if the share price falls much more, that I will have to get another 10k's worth, since its beginning to look cheap again.

[hotfinance14] 07/6/2007 17:24

Patience is the game here.

[uncle john] 07/6/2007 16:31

I think Foxiedealer is right, it is a dog of a share. Why should it be so?
Is it a dog of a company? No, they keep on winning new contracts making more profit, earning more per employee.
And they pay a dividend, small but a payment nevertheless.
One cannot repeat C A N N O T blame the market for undervalueing the entire enterprise.
Are the directors dogs and losers. No, see above, more business more profit. However are they paid bonuses rather than in shares or warrants?
What motivates them? Salary or share value.

There was a respectable offer a few months ago that was rejected very quickly.
Was that the right decision? Probably not. We would have been better of if that offer had been the basis for negotiation.
We should call on the directors to do something towards realising the best value for shareholders.

[foxiedealer] 06/6/2007 09:53

What a dog this share is. Nearly 22% down from the expected bid price a few months ago. Might have been better seeling it to the venture captialist.

[grlz] 04/6/2007 23:47

M - well it depends on your expectations of course I would like to see £1 but each acquisition moves the company further forward and over the last 3 years the share price has provided solid gains - ok the last 12 months have been less than inpressive but it was not eroded my capital.

If I have 1 concern it's the large cashflow is never used to increase the divi.

The purchase of Arinso provides a great opportunity for NIS given the risks of this deal the share price has stood up very well with no large institutions running for the door. It is a huge purchase akin to the acquisition of Sx3 and Rebus on both of those deals the share price rose 40% within 6 months - so imho its worth holding on to NIS in the near-term

DYOR
grlz

[slaterlp] 04/6/2007 17:26

Good point

[milacs] 03/6/2007 11:51

Problem with this outfit is they buy something large every year which knocks back the share price.

It takes time to assimilate each purchase and then off to the next one. If they don't pause and satisfy shareholders by letting the share price rise I am afraid they will be taken over and we will not really see the benefit.

M

[slaterlp] 03/6/2007 10:59

Yep I agree, and am tempted to buy more, but certainly will hold.

[hotfinance14] 02/6/2007 13:01

It will feed through in the first 12 months.The future looks very bright.

[slaterlp] 02/6/2007 09:26

Mmm me too Hot..

Got the NIS shareholders circular yesterday, for vote at EGM.

What do you think ARINSO is lilely to contribute to NIS in the next 12 months?

Presumably NIS will will embark on a cost cutting and restructure excercise, but will it feed through to the bottom line, sooner ar later in your oppinion?

[hotfinance14] 01/6/2007 09:39

Afraid not...i would like to know his target price.

[slaterlp] 31/5/2007 17:46

Hot,

do you know anything about what TW said regarding downgrading his stance to hold from buy,--- and then upgrading back to buy again? (See ards posting above).