Nth.Mid.Cons Share Discussion Threads

[cc2014] 10/8/2017 12:17

“The Board is anticipating enhanced like-for-like revenue growth in the second half of the year, coupled with an enhanced operating margin percentage.”

[cc2014] 10/8/2017 11:25

Don't tell Mr Homer but the net margin actually fell in the second quarter 0.88% from 0.93% in the first.

[qs99] 10/8/2017 11:24

Think next few days will be key on seeing whether management can encourage new buyers of stock...

[cc2014] 10/8/2017 11:23

I think we are argeing and the difference is due to language. The stock goes XD on Thursday and falls as appropriate (40 pts of FTSE today for example). The record date is different.

[grabster] 10/8/2017 10:58

CC - sorry, but your info is out of date. As battlebus said, most stocks (though not all) now go xd on a Thursday not a Wednesday. Some advice sites are out of date on this since it changed.

[cc2014] 10/8/2017 09:12

Please feel free to check this but unless it is a special dividend all shares go XD based on being on the register at close of play on the Wednesday. Therefore the register date for XD is Wednesday with the share price falling on the Thursday morning.

Price being held back by what appears to be 1000 seller who may or may not now have finished.

I found the actual results slightly disappointing, although the forward looking statements were more than enough to cover that.

The doubling of the dividend showed great confidence in the second half of the year as it implies they will double the dividend for the finals too. That would give us a 9p dividend which is just over 2%. That's not great but given this is a recovery story who would have predicted a dividend of around 9p, 2 years ago

[qs99] 10/8/2017 08:31

Wow great results IMO and doubling divi happy days... looking forwRd to further progress and increased share price IMO!

[grabster] 10/8/2017 07:53

battlebus - yes, some companies now have XD day on Thursdays. But some still have xd on a Wednesday - and a few on other days. Is it definitely Thursday for NMD?

[interceptor2] 10/8/2017 07:48

Good results here, each divisions seems to be heading for a stronger second half hence the ahead statement, same as last year.

With increased earnings, dividend, cash and strong outlook statement, I think that the market should react well.

[battlebus2] 10/8/2017 07:48

X dividend is a Thursday now so 17th 👍

[cfro] 10/8/2017 07:42

Yes, im very pleased with those results. The doubling of EPS and the divi even surpassed my expectations.

Only negative i can see was the lowly 4% increase in revenue. I thought revenue might be up higher than that but that is no concern at this stage.

[grabster] 10/8/2017 07:32

"the results for the year to 31 December 2017 are expected to be ahead of management expectations. The Board has the confidence, therefore, to propose a doubling of the interim dividend to 3.0p per share (H1 FY16: 1.5p per share). The dividend will be paid on 15 September 2017 to shareholders on the register at 18 August 2017."



'On the register' Friday 18 August, presumably means xd date is next Wednesday 16 August?

[tdog1975] 10/8/2017 07:21

Boom, great work all. Brilliant

[battlebus2] 10/8/2017 07:20

Pleased with those results. Dividend doubled to 3p is fantastic, revenues only increased 4% but profit before tax up 138% to 1.2 mm. 7.93 million cash. Trading expected to be ahead for 2017. Telecoms expected to return to profitability. Outlook remains positive and all this with some softness within divisions, delays etc.

[moneygenxyz] 09/8/2017 23:32

It still works without it but here is it with it. Rushed the article somewhat to get it out before the results. Should be a good day tomorrow. Good night.

[battlebus2] 09/8/2017 23:26

Anyway looking forward to reading tomorrow's results GLAH

[battlebus2] 09/8/2017 23:24

No you need to put in hTTp

[moneygenxyz] 09/8/2017 23:21

cheers battebus2. Removed the HTTP alltogether so now works

[battlebus2] 09/8/2017 23:17

Welcome. Change your Hxxtp in your link to hTTp and we can access it.

[moneygenxyz] 09/8/2017 23:14

I'm in! Glad to be on board gents. Thanks for your discussions - very useful in my analysis. Check up my write up on NMD below... with 10 million shares outstanding it might have some influence amongst my subscribers!! :D

moneygenerationxyz.com/stock-moment-north-midland-construction/

[douglas fir] 09/8/2017 10:53

ot...anyone thoughts on this newly listed co..

Nexus Infrastructure Epic NEXS Sector Construction & Materials ISIN GB00BZ77SW60 Activites Nexus Infrastructure plc is a leading provider of essential infrastructure services to the UK housebuilding and commercial sectors. The Group comprises two businesses: Tamdown, a provider of specialised infrastructure, civil engineering and reinforced concrete frame services; and TriConnex, which designs, installs and connects utility networks to properties on new residential and commercial developments.


hxxps://www.nexus-infrastructure.com/


Significant Shareholders
Shares In Issue
As at 11 July 2017 the number of shares in issue was 38,117,850

Major Shareholders
As at 11 July 2017, significant shareholdings in the share capital of NEXS were:
NameNumber of ordinary shares% of issued ordinary shares Michael Morris (1) 9,859,725 25.9 Keith Breen (2) 6,573,050 17.2 BlackRock Investment Management (UK) Ltd 5,050,000 13.2 Ruffer LLP 3,250,000 8.5 Hargreave Hale Ltd 3,100,000 8.1 City Financial Investment Company Ltd 2,200,000 5.8 The David Holliday Trust 1,583,650 4.2

[cc2014] 09/8/2017 09:47

Market liquidity can be an issue on this stock for 2 reasons:

a) if all the volume is in the same direction as it has tended to be the MM's tend to reduce the amount you can buy until they've managed their position to be closer to flat.

b) only Winterfloods really make a decent market in this stock and if they aren't sitting on the bid or offer the available volume drops to around 1000.

The liquidity is a double edged sword. If they get to £500m turnover at 5% margin, the market cap by my estimates will be 4 times what it is now or around £150m. Any institution wanting to take a position is going to have to pay a premium to get hold of shares.

[qs99] 09/8/2017 09:32

No movement so far today ahead of tomorrow... gla

[panic investor] 08/8/2017 21:45

Find it annoying that you can't trade these in any decent size - oh hum

[mmc71] 08/8/2017 21:14

CC2014, well in my case its having seem them listed on the "Tiny Titans" stockopedia guru screen, and my own screening/research led me here to see the chatter, and that led me to the construction news article - the clincher being Homer's record at Morgan Sindall (which i also hold). If he can replicate what he did there then its a no-brainer as a long term investment.