The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Hello Jonese, welcome to the board. Sorry, I can't help you regarding why there have been so many sells recently. Sometimes these things happen for no apparent reason. The last RNS stated the following: Trading Update Netcall plc (AIM: NET), a leading customer engagement software provider, is pleased to give an update on trading for the six month period ended 31 December 2013. The Company has continued to trade comfortably in line with management expectations throughout the first half of the year which has been characterised by strong sales momentum and double digit percentage growth in orders from new and existing customers. The Group has a robust cash position, maintaining its debt free balance sheet. At 31 December 2013 the net cash balance had increased to £10.0m (30 June 2013: £9.2m). Henrik Bang, CEO of Netcall commented: "We have continued to see strong demand for our product suite with double digit new sales order growth from both existing and new customers driven by solid growth for the Group's Liberty Contact Centre platform and Business Process Management solutions ("BPM"). The sales momentum combined with our high levels of recurring revenue has increased revenue visibility and the Board remains confident about a positive outcome to the year." The RNS is positive, nothing negative to be concerned about from what I can read. "The Company has continued to trade comfortably in line with management expectations" is very re-assuring; not far off "ahead of management expectations". Interim results out on 25 February. True there has been a retrace in the share price from its' high, but there has been the case with many other shares. At its' high it was probably ahead of itself. On a mid to longer term view, I remain relatively confident of the future of NET. I am not expecting fireworks; not expecting to see 100p on the horizon just yet. Personally I would settle for somewhere between 70p-80p by year end, giving a return of between 27% and 45% on todays price. Of course some/many investors would want more, but more often that means higher risk and I am of the age now where I would settle for less return and lower risk thank you. Below is the last news from growthcompanyinvestor.co.uk which may be of interest. http://www.growthcompany.co.uk/news/2395377/netcall-ups-dividend-40.thtml If/when I find more news I will post it here. Hope this helps. Good luck. Regards CM
Have been watching here for a few weeks and was looking to invest with news around the corner. Any idea why there are so many sells recently?
Well done Chequemate spot on prediction, shame about the small retrace after the initial increase, but they do say buy on rumour sell on news. I know there wasn't much in the way of news but like you say he did seem positive and we haven't got long to wait for news as interim results are only a month away. So gives it enough time for some nice gains before results. Cheers PP
So, here is our trading update as forecast last Wednesday; wish I could predict share prices in advance so accurately; wouldn't need to post on here then!. No figures given in RNS. Re-assuring though which is good news. No negatives. Should be able to relax. No fireworks today, nor tomorrow imo. Good luck and regards CM
Thanks Chequemate. Have been lurking around these boards for some time now...have decided to come out of the closet(!!) so to speak. Couldn't agree more about following head rather than heart. Like you if I had done so back in August when I was putting together portfolio for 2013-14 I would be sitting on a nice cash pile by now...but as they say, if it were that easy we would all be rich by now!!! Good luck with your investments. Bruce
Welcome to the board Bruce. Good to have a new contributor. You mention you have "topped up", so I guess you have been been invested for a while. Re. GBO. I was invested there for quite some time. I made quite a bad loss the first time but re-invested and topped up (averaging up), making the most profit on any of my investments by the time I sold out in October during the near share price crash. I could have made considerably more had I gone with my head and not my heart. I got emotionally attached despite all my experience over the years. I have been following it ever since but have been waiting for share price consolidation before contemplating re-investing. That consolidation would appear to have been going on recently. Today it has broken out or so it would appear. Hmm. Shorters were at work with GBO and they may still be around. The fundamentals for GBO are good. NET is quite a different company from GBO. The fundamentals are good too. If you want(ed) excitement then GBO is more likely to give it to you. However, for me I need to think more of my health as I get older and have a more settled ride. Depends on our risk appetite I guess. Good luck and regards CM
Just topped up here hoping for the 60p breakthrough, having sold out of Ithaca. Pondered whether to go for GLOBO. GLOBO shoots up and Netcall goes down...such is life!! Long term however, this looks to have strong long term growth potential.
The last 2 years there has been a trading update on the 3rd. Tuesday in January. On that basis, there is good chance that there will be an update on Tuesday 21 January this year. Maybe that is one reason why there has been some interest and movement in the share price lately. Regards CM
Good evening Babbler, how you doing/, good to hear from you. Are you back in here or watching from the sidelines. Hope your investments are doing well, certainly better than mine so far for this year which have started indifferently shall we say. Sure there is a market maker looking over my shoulder at my portfolio!. Good luck all Regards CM
Another lovely RNS for you. Well done for holding :)
The market seems to be nuts this morning. I have been doing some dummy sells on my stocks and on just about all of them, if I try to sell my full holding then I am being offered considerably less in most cases than if I just sell part. For NET I am being offered 50p to sell my full holding compared to 52.5p for just 1000 shares. Same goes for HAYT, KMK and TRCS!. Strange. No idea what this means, unless the market doesn't want my shares unless absolutely necessary. My insignificant holdings should make no difference. Lets see what the day brings; hopefully a better end than start!. Regards CM
A better day for NET. The share price rose early on and held its' ground throughout the day. I have been digging a little deeper for news and have found a number of articles from their website previously not mentioned on here or in any RNS that I aware of. They are posted below. May be interesting reading. Website is www.netcall.com. http://www.netcall.com/news-and-events/news/netcall-wins-green-apple-award-second-consecutive-year/ http://www.netcall.com/news-and-events/news/netcall-achieves-microsoft-gold-application-developer-competency/ http://www.netcall.com/news-and-events/news/netcall-introduces-customer-engagement-portfolio-it-housing-2013/ http://www.netcall.com/news-and-events/news/netcall-wins-gold-and-silver-green-apple-environment-awards-2013/ Re. price movement. The lower Bollinger Band is at 54p and the upper one at around 59p with current share price at 53p. Hopefully the share price will return to trade between the two. Yesterdays share price movement had all the characteristics of a tree shake by market makers although not necessarily a tree shake. Need to keep an eye on this one. Regards CM
Thankfully sell off seems to have been overdone or like you said market makers may have wanted some cheaper shares and will now drift the price back up now that they have them. Cheers PP
As always some are up and some are down notably Net, but unfortunately there always things we cant control Cheers PP apjacko@btinternet.com
The fall may be due to a treee shake by the market makers. ~The share price had got a little ahead of itself imo, but I can see no reason why the price should fall by so much today without looking deeper. Ping Pong, if you want to give your email address I will get back to you. Hope you having a better day with your investments than I am having. Regards CM
Good morning to you too, bad luck at having to do some work the bane of modern technology, you just cant escape any where. I too am a fundamental guy but will happily take information from any where I can if it helps my decision making, TA and fundamentals both have there merits particularly effective when used together. Will sit in either camp if it makes me any money. But I would like to be a bit more proficient in the art of TA even if there can be many interpretations. My personal motto is keep it simple but do it well. Going back to my question, it is a fundamental one and one I believe you would be interested in too , I don't mind giving out my email address unless that's not the done thing. Cheers ap
with my timing...the valuation still fairly full imv
Good morning PP, thanks for the post. I do not use a lot of technical data, most of my research is based on fundamentals. I went through a period of trying to study and understand charts but in truth it was beyond me and I spent a lot of time scratching my head. I believe charts mostly reflect what has happened and don't/can't predict the future movement of any share. News is what drives the share price one way or the other plus those mischief (market) makers. The only charts I tend to use are watching the movement of the share over a period of time and combining that with the Bollinger Bands but only as an aid, very much like you. More chart analysis didn't help my decisions, they only took up far more valuable time I should have spent doing something else. Re. private messaging facility, I think we have to sign up to the next level of membership here which I think is called Premium membership or alike. The only other way is to find some more obscure board which hardly anyone else uses. Maybe we consider that. However, if what you want to ask me is highly technical regarding charting then I am the wrong person to ask I'm afraid. If I can help in other ways though I am sure we can find some way to communicate. Not been on the booze over the festive period unfortunately; I've had to work and also on a course of anti-biotics!, blast!. If NET reaches an appropriate high though I dare say we can crack open another kind of Bollinger!. Right, must go, work calls!. Regards and enjoy the rest of the weekend. CM
I'm very well thanks and going off the extra six pounds i'm carrying it must have been a good time not that I remember eating any extra food just cant think how I've done it ??, hope you too had a good time and a boozy new year. Always nice to hear someone else's thoughts and opinions about any share or company. Unfortunately my technical ability is no where near yours even though I do try and use Bollinger Bands, RSI, MACD and occasionally moving averages I only use them to get a picture at the time probably more as an aid to selling (when I do get round to it) but I don't really know how to use them to look at any future time periods. Do these boards have a private messaging facility as I would like to ask you something without having to put it on the public board. Cheers PP
Hello PP, how are you doing?. Hope you had a good Christmas. I've never really thought whether or not I am bullish on any share. Perhaps it is because I feel it may make me take my eye off the share with the market looking on waiting for that moment to drop the price. But yes, I suppose I am reasonably positive still. No, I haven't sold out of NET, my comment really was just s sigh of relief and appreciation for what had happened over the year. Nor have I top sliced, not having a great no. of shares in the first place. Key for future movement will be the next trading statement which I would expect to be issued sometime during the week commencing 20 January or possibly the following week. I am not surprised at the retrace in the share price which is common to any share which has had a good run. Looking at the 3 month share price graph and using a 9 day moving average the share has now fallen below the lower Bollinger Band from above the upper band. A share usually trades somewhere between the two with periods above the upper and periods below the lower. The bands move around, up and down depending on share price movement. There is an argument that when the share price falls below the upper band after being above it, it is a good time to sell because the share often falls to the lower band. The opposite argument is as valid, ie a share which rises above the lower band after being below it is a good time to buy because the share often rises to the upper band. However, this can take courage because it isn't a guarantee and opens one up to trading rather than investing. What will move the share price most of course is the fundamentals based on the latest news etc. Using the 6 month chart and the 20 day moving average and the 12 month chart and using the 50 day moving average shows a different picture. Regardless of the above, I only like investing in a company which shows an overall rising share price chart over a period of time, at least 3 months and preferably more; investing into strength never weakness. That can mean averaging up, never down. I intend holding at present, but will be prepared to sell quickly should the story changes. I am not expecting to add to my holding unless something super positive turns up. There was nothing negative in the latest Chairmans comments. The next trading statement should give details as to Serengeti's contribution to revenue and profit. If I find any news relating to NET which isn't in the form of a RNS I will post it on here. Regards CM
Hi CHEQUEMATE, I know your not making a prediction for 2014, but are you still bullish on the stock for the future or with your thank you very much that will do nicely have you sold out or maybe top slicing
Share price at end of 2012 28.25p, at the end of 2013 58p, an increase of 105%. Thank you very much, that will do nicely!. No predicitons for 2014, but good luck all and may you all have a happy, healthy and prosperous 2014. Regards CM
Good day Babbler; good to see you posting here. I have considered selling out of NET on a number of occasions, largely to fund other investments. However, I made that mistake once before with NET and other investments which seemed to be going nowhere only to regret selling out. I guess it is a lesson of patience. I am a little concerned at the speed of the rise in the share price of NET. I prefer a more steady climb with consolidation taking place along the way to form a support level. Therefore I would be very happy to see a base form in the mid to high 50s. The share price rise would appear to have been since the RNS on 27 November: http://www.lse.co.uk/share-regulatory-news.asp?shareprice=NET&ArticleCode=zux92i0s&ArticleHeadline=Netcall_launches_cloudbased_payment_solution so perhaps the market liked it and has re-rated NET consequently. I expect there to be a trading statement/update around the 3rd. week in January if the past is anything to go on. At present my research is showing the EPS is 2.58p, PE 22.2, PEG 0.9, and a dividend yield of 1.23% (figures from digitallook.com). Dividend cover is over 3x. To me, those figures look pretty good, although the PEG is a little higher than I would like ideally (I look for something arond 0.7 or lower) but I make exceptions. Whether one holds, sells or buys must be the individuals own choice of course, but for the time being I intend running my profit here. However, I will keep an eye on any developments. £1 next year?. Whoa!. I would be content with a return of 20-25%, boring maybe, but I don't want to get emotionally atttached. Anything more will be gratefully received of course!. Merry Christmas to you too BB2. Regards CM
Well done for holding here - something I should have done (oh well...) Merry xmas and hope you see £1 next year! :D Cheers.
Just continues!!! But yes mcap looks big now. Still, worth keeping a holding for dividends??? Chequmate..yep good post.