Updates

NSB - Forecasts upgraded following Q1 statement

June 2005

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

In the light of NSB's AGM statement this month, Dresdner Kleinwort has upgraded its forecasts by 12.5% for both 2005 and 2006.Forecast for 2005 is now £9.4m pretax (eps 2p) with £14.9m pretax (eps 3.2p) next year, resulting in the PE falling to 12x and 7x. The eps forecasts have partly been adjusted for a low tax charge of 10% due to available tax losses. The upgrades follow the AGM which confirmed that the progress made in 2004 has continued with Q1 operating earnings in line with expectations and well ahead of Q1 last year. The US now represents the majority of NSB's sales. Part of the large Store 6.0 order from department store JC Penney which was won last year (stated to be worth US$5m in licence sales ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

NETeller - Looks well placed to meet forecasts

Regal Petroleum

NSB - Surges on bid approach, ten-bagger since original tip (January 2008)

NSB - Strong US software orders (October 2007)

NSB (August 2007)

NSB (February 2007)

NSB (August 2006)

NSB - Strong growth in software licences (April 2006)

NSB Retail - Trading update (February 2006)

NSB - Prospective PE of under 10 (October 2005)

NSB Retail - Winning new US contracts (August 2005)

NSB Retail - Steady flow of orders in January and February (April 2005)

NSB - Profit 20% ahead of expectations (August 2004)

NSB - Focus firmly on the US (April 2002)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X