Nsb Retail Share Discussion Threads

[hotday] 18/12/2007 17:35

Many thanks for your reply lob,I will hang on and see it through.

Boadicea, for all it's worth I have been buying in on BLNX recently. I think they have hit rock bottom. Unlike NSB they seem to win contracts every week and are happy to shout about it! It has been heavily shorted ( approx 21m shares on loan) which will help now to add to the upward momentum.
They have 43m in the bank and are growing at a rapid rate.
I like the odd high risk/reward one and this certainly fits the bill!!

[loafofbread] 18/12/2007 16:54

hotday,

If you read all the blurb, the vote is penciled in for 16th janish and the buyer hopes to tie this up by early feb.

If there is more interest it will be before that vote. Also it has to be 10% more than this deal, so 42p minimum.

I hold a just under 500k and it makes sense to me to

a) wait and see if we get a better deal
b) if not, vote for the 38p on offer
c) wait for 38p in Feb, rather than 37.25 now or in a few weeks time (£4K difference to me)

[hotday] 18/12/2007 16:06

Is there any point in holding out for the bid price of 38p given the time it will take to go through?
It seems like the deal is done, the board will not be hungry for a counter bid if they are all being looked after so well.
I have sold part of my holding at 37.25p. But is it time to completley move on?

I have been a holder since 2001 and have bought at all sorts of prices, I was very lucky to top up at 4p a few years back and have bought recently too.

Holding 420k at the moment.

Only posted a couple of times on this board but have very much enjoyed reading your posts.....cal,lob,boadicea and markinthepark to mention but a few.
Thank you.

[boadicea] 18/12/2007 15:42

One way or another, there will be a lot of pi's cashing in on NSB and looking, sooner or later, for promising stocks into which to reinvest - main market preferred for PEP/ISA reasons in my case.
There is a considerable selection of AIM and smaller cap main stocks which have suffered disproportionately in the recent volatility - far far worse than the weighted indices would indicate.

I, for one, would like suggestions of some worth looking at - particularly those which have been hammered for purely technical reasons.
Not that I don't have positive views on those I hold already which can be topped up (or averaged down in most cases).

If I might start with one, take a look at VEC.
Cash positive forecast for H2, no balance sheet worries and now regularly reaping milestone and licence deals. The only box not yet ticked is being currently in profit.
Piper-Jaffray comments can be read at post 645 on the linked thread -

[webley] 18/12/2007 14:32

Anyone see that last RNS from Bluecrest - who would short 2 million of these?

Barlclays too!

[markinthepark] 18/12/2007 13:53

That's why I have learnt from history with shares.....

[calamity] 18/12/2007 12:37

But we could have all done better had the company not been sold at another knock down price.......

[markinthepark] 18/12/2007 12:30

Unfortunately not, but then I did very well out of RTD at the time......

[calamity] 18/12/2007 12:28

My goodness....was there a cheque in it as well to re-imburse you for what you lost had we all still been in RTD....did he indicate what mansion he lived in now.....or what port his boat was moored at in the Med.........

[markinthepark] 18/12/2007 12:11

shouldn't that be "old" fools and horses?

ps I got a xmas card from carl clump today.....isn't that nice of him to remember me?

[calamity] 18/12/2007 12:06

At one time we had 415K...but sold about half when RTD were at a low and doubled me' money there.....put that money into GBG....but that then went down approx 40% but has recovered somewhat.....fools and horses for courses and all that.....

[calamity] 18/12/2007 12:02

Yep roby...same here...about 4 years I think at various holdings....my average is 9p....bought a few wadges at 3p....my last 105K in our open account was bought at 3p....cost 3K plus....now worth 38K plus....a 12 bagger....if the deal goes through and it doesn't go down.. if not.....the rest of our holding is in pep's & isa's a total of another 120K plus.....overall a 4 plus bagger....I'm happy...but could be a lot happier if we hadn't been turned over......

[robyroo] 18/12/2007 11:36

Ive been in for about few years and averaging about 11p but i really did think this would have gone over 50p its a shame and a steal at 38

[calamity] 18/12/2007 11:36

Ye...I feel like that sometimes....seized that is.........looks like It's going to be another one of those days........

[robyroo] 18/12/2007 11:34

Hey Cal why dont you ask them if the Old Loco is in with the price a little bit of Brasso and she could be worth a few bob lol saying that weve waited so long i reckon shes seized by now

[calamity] 18/12/2007 11:25

Hope not bozicle....well that makes 2 of us that will lobby outside the NSB offices over xmas....well perhaps not go that far....

Did anyone notice the error in the RNS issued at the announcement....

NSB Retail Systems agrees 160.1 mln stg takeover offer from Epicor Retail




LONDON (Thomson Financial) - NSB Retail Systems PLC said it has agreed to a
160.1 mln stg takeover offer from Epicor Software Corporation unit Epicor Retail
Solutions Inc.
NSB's shareholders will receive 38 pence cash per share, a premium of 61.7
pct to the closing price of 23.50 pence on Dec 12.
Epicor non-executive chairman Angus Monro said NSB's product-set and
customer-base should greatly strengthen Epicor's existing position in retail
software, and enable it to be leveraged internationally.

[e-mail]
ssh/ukn/slm

Epicor non-executive chairman Angus Monro....?????????

I started a post with this in mind thinking the RNS was correct....thinking he held offices in both companies....however then found different....do they ever get these things right.......

Looking quiet today.......lul before the storm perhaps.....or wishful thinking.........well It's all up for grabs aint it.....come on BT show your hand.......It's peanuts to you...50p a share will only cost you 200M plus and it will be all yours and no royalties to pay AND an entry into the US and Canadian markets....what more do you want....going...going...gone to that man on the phone.....

[bozicle] 18/12/2007 09:59

Cal, I'll put the eggs on..... I'm with you mate.

Will BT watch this opportunity pass them by.....

[skinners9] 18/12/2007 09:52

if i remember rightly nikki sold millions of her shares at 38p, what a strange coincidence,it makes you wonder how long these shares have been manipulated to warrant such a low price bid.

[komatsuman] 18/12/2007 09:38

Hi Wooly - thankfully we bought at slightly different times, so my actual in price was 27.25..... still nothing to those that took a punt in the 3p days (which I believe our esteemed friend did). Meeting up in town in '08 sounds grand - as our typster will tell you there's been many changes in the Komat court! Still keeping my fingers crossed that we might get the extra 10% up on a counter offer. When does the bid close?

[dpmcq] 18/12/2007 08:39

Retail software firm NSB Retail Systems has agreed a £160.1 million takeover offer from US software group Epicor. NSB mainly operates in North America, with BT as exclusive distributor in the UK.

Angus Monro, chairman of NSB, said the deal provided "great opportunities" for NSB's management.

I bet it f*&KING is, what about a "great deal" for the shareholders!!

[wooly62] 18/12/2007 08:38

Komatsuman : Well done for not cashing in at a loss when you threatened to, but check your buying price - if you bought when I did it was well over 30p. I think I'm 10%-12% up, but I could have got more than that in the bank without the risk. The poor return is in spite of all the positives about the company which we all know about, so given our evident inability to spot a growth stock maybe we should stick to our knitting in future! Have a great Xmas, bank on zero from the dodgy jock's tip you mention and let's aim to meet up in town in 2008.

[nashwan123] 17/12/2007 23:55

Remember NSB in its Canadian holding days were around £4 a share. They nearly folded and have spent recent years recovering their business and profits.
The company's last report included cash in bank, reintroduction of a dividend and further oversesa expansion using a Microsoft platform.
So how on earth can a growing ,profit and dividend making company be viewed as being worth a few pence. I'm not sure I can buy a packet of crisps for 38p.
Hold out for true value!

[komatsuman] 17/12/2007 23:42

Given the potential that we all believe the company has, albeit sooooo undersold over the past 2 years, I feel 38p is the bargain of the century..... however, having watched this wade throught the doldrums of the past whateever months at sub 30p, when I bought in at 27p 3 years ago, I will be grateful, though not ecstatic at 38p. A fair price would have ben 45p. The crime is that this has been walked down over the past 3 months and I haven't had the spare cash to take advantage of it! So Loaf.... which AGM will we be exchanging pints at next time? Well done for sticking with it Wooly - looks like our tipster came through - OK 3 years later than planned. Now we just need a certain Gonawonder to rediscover itself and all will be rosy. I agree that the BT factor remaains interesting - will they wish to be beholden to the new entity? Oracle or BT taking NSB out has always seemed to make so much more sense. Promises to be a very interesting Christmas. I will at least say better than I expected. Here's wishing a very merry one to all on the board!

[calamity] 17/12/2007 23:03

Cool hand lukes ...the name....blink ye not.......

[calamity] 17/12/2007 23:01

OH NO.....I'm not going to be left all on my lonesome am I.....TT..yes.. but I just wanted you to say it.........thanks.....

This is becoming a lost cause to say the least....some of those valaint members of this BB over the years are already capitulating.....

With all that's been said.....I still think there's some to come.....lets not forget the power of BT in all this.....they must have been informed ahead of the talks....but perhaps did not know or privy to the actual offer on the table....they may not want to work with this outfit....lets hope....