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.. Nice buy of £230K
5 directors bought today!! some big buys too.. 75k shares.
A quick trade for me (as Metro Bank) - nought late yesterday and sold early today - better than any bank account with little risk (as it turned out) I see it’s dropped back to 125p levels so is it time for the same again today? I’ve 40 odd minutes to make my mind up - let’s see what it drifts down to up to the close.
As would I. Sadly they're completely in control at present.
Ah, shorters are back for more......would love for them to get caught there pants down :) https://www.shorttracker.co.uk/company/GB00B01QGK86/
Hopefully to fill the gap from this morning and then bounce back up.
Yes I agree NewDayToday and bought a few yesterday in tranches with an average of 1.38, so a little too early but should come good in the run up to the dividend.
Hi Matty50 I've seen this but IMO the drop was still overdone. Time will tell. GLA
https://www.streetinsider.com/Intl+Ratings/Citi+Upgrades+NCC+Group+Plc.+%28NCC%3ALN%29+%28NCCGF%29+to+Buy/15039126.html
Upgrades NCC Group to 'BUY'
According to Hargeaves Lansdown this was the reason for the fall:(Sharecast News) - NCC Group dived on Thursday after declines in the UK and Europe drove a reduction in escrow revenue after business was held back by softer demand in risk management and governance.The IT assurance services specialist and escrow provider reported that the Escrow division's revenue for the six months ended 30 November fell slightly to £18.9m, a drop of 2% compared to the same period a year earlier, as 11% growth in the US was offset by 4.4% and 5.3% declines in the UK and Europe, respectively.However, overall revenue increased by 8% to £126.0m, on the back of a 20% jump in sales from the US assurance business to £37.7m.The overall assurance division, which provides 85% of group revenue, reported 9.7% year-on-year growth in revenue to £107.1m as the success of business across the Atlantic cancelled out poor UK growth of just 1.1%.Adam Palser, chief executive of NCC Group, said: "We are pleased with the progress we have made, with continued growth in our core Assurance division and a particularly strong performance in the US, the world's largest cyber market. While profits from our Escrow division fell slightly, our experience in the US has given us confidence that we can re-energise the growth of this business."The London-listed company declared an unchanged interim dividend of 1.5 pence per share and had cash and cash equivalents of £15.5m as at 30 November, up from £13.4m at the same point the year before.NCC also reported adjusted Ebit of £14.8m, up 7.2% year-on-year, though the board had previously expected this figure to remain unchanged throughout its 2019 financial year."The new team is now focused on accessing the resources to enable the group to fully capitalise on its growth potential, with retention and recruitment a key priority. We expect to deliver full year adjusted EBIT of around £34m, while our longer term growth prospects remain excellent," said Palser.Shore Capital remained confident in the company as overall revenue growth supported the broker's full-year expectations but commented that the Escrow business had been "weaker" than anticipated and subsequently reduced its full year EBITA forecast for NCC by approximately £2.8m to £34.0m"The outlook for NCC's services remains robust to us for Assurance, though we note a slower start to the current H2 period with retention and recruitment cited as issues to be addressed. We also look for continued stability in Escrow. NCC continues to occupy a key strategic position in the provision of essential services in IT security, in our view," said a note from the broker.NCC Group's shares were down 22.24% at 141.10p at 1223 GMT.
It was like this yesterday. Huge buys going through whilst DMA kept SP suppressed.
Huge buying coin on, however SP 'stuck'. Orders being filled? Have read the RNS over and over agin and can't understand why the SP dropped so dramatically yesterday. Am I missing something? GLA
@NewDayToday
No mate... I myself use them, so also looking.
Still being toyed with but at least it's up today.
Just Googled him! He's safe and well and sipping cock tails in Miami!!!! And relentless buys on NCC today! It shows how oversold it was yesterday... GLA
Don't say that, we're all worried for Mr. Heddle
wrong board sorry
I am worried that Mr Heddle has been abducted by aliens or dragged into the bush by a Dingo. No tweets since 19 December 2018!
Hey Bladey just tried to register with moneyAM but they aint taking new investors? Any other site you recommend mate? GLA
Showing 38% UP on pre-open on MoneyAM
Good sign?
Infact grounding looking back there were more late reports @147? GLA
Well grounding the last buy @139.93 certainly says a lot of confidence here! GLA
The bounce may even come today when people realise the drop was overdone yesterday.
Peel Hunt reiterates Buy with a 275p price target. Agree drop here is overdone and expect a bounce back over next few weeks.
170k buys being filled and 3 mill share bought today. I bought in twice today, easily see this rocking back to 1.55 mark and beyond. GLA