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i put this increase down to expected good end of year results.I think this share is now going places.enjoy the ride everyone
Can someone explain why this sp has risen so quickly over the past week, I have tried to find out the info but doesnt seem to be much info about them and why the increase so suddenly. The reason I am asking is I am thinking of selling and buying into the banks. Thnaks
ive been going on about this a while......i knew it was too cheap......but so is aviva when will aviva prove me right!!!!
to see this go up patience as always is key said on 04/03/10 this will be up 20% within 3/6 weeks from 12/03/10 nice to be correct well done to all of you that have had the patience gla.
240 next stop!
In a couple of weeks for me, but I still think this has more legs so Im holding for a while longer here. Good volume again this morning, this should easily hit 225p IMO. GL.
i see this at 220 in the medium term........heavily shorted share
there were a few number of very small trades yesterday. An insight anyone?
Glad I got in last week @ 190p :D looks like we have bounced off the bottom, more to come from NTG I think. GL
BTW has anyone been keeping an eye on that Raymarine share? Sadly thats all i've been doing but there going like a rocket!!! 15% 20%+ day on day. Had wildly hoped something like that would happen to this share when I took a step into the unknown. But yeah traderob09, keeping the faith....somehow!!
Same here.. However I have faith..
Their wedsite ststes that the end of year results are in June. Could have done with it being a bit earlier than that as I may well have well shot myself by then!!! This share has got SO much potential but its just not doing it right now (or indeed the from very day/moment i have the misguided fortune to get involved in). Very frustrating!!!
result?
All this one is hotting up again. Expect a better than expected year end result!
Steve Smith, chief executive of Northgate, the vehicle hire group, is to step down from the board. Smith had been scheduled to retire on last year on 1 August.
of 4% in a morning. cant wait to sell this donkey
Seems strange that the sp started to pick up last week, then this week when some investors sell off their shares to realise their loss for tax purposes, the mm's put the share down to the lowest sell price since consolidation....will be quite interesting to watch the next 30 days to see where it is really heading......anybody got any views??
looks like the floor has been broken and support could be weak. NTG may go down all the way to 165p... the spanish issue keeps dragging on this share...don't think we'll see better share prices until that improves. perhaps spain could be out of a recession by Q1 2010. well, hopefully.
This has gotta be one of the worst edit this is the worst share i have ever bought, after consolidation this has just crashed, how much further south can it go? i heard NTG maybe be branching out to the southpole at this rate. 2516
its very interesting NTG going through the roof mate. NOT
Big buys went through late on Friday.. Will be intresting to see what happens next week...
he a wise man naked trader?
FYI The Naked Trader has also stopped trading short on this share.
Northgate sees improvement in fleet hire Wed, 17th Mar 2010 07:06 Vehicle hire group Northgate reported an improvement in utilisation rates of its fleets in the four months to 28 February in the UK and Spain. In the UK, it achieved an average utilisation rate of 91% during the period, a 5% improvement on the rate achieved for the same period the previous year. In Spain, where economic conditions have been even more severe than those in the UK, the rate climbed by 6% to 86%. In the UK, the improvement was partly due to a reduction in the fleet to 60,000 vehicles from 61,000. Hire revenue per rented vehicle increased by about 3% in the quarter to February 2010 from the quarter to April 2009, Northgate said. 'The used vehicle market remains strong and we have maintained the improvement in residual values that we achieved towards the end of the first half of this financial year,' Northgate said. 'We expect these market conditions to remain favourable for the remainder of our financial year. ' In Spain, where the fleet has been slashed to 49,700 vehicles from 55,200 the company expects to achieve a utilisation rate of 90% by April 2010. It said hire revenue has remained relatively stable. The firm said that, while the economic outlook remains tough in Spain, there has been a moderate improvement in bad debts. 'As expected, the macroeconomic conditions continue to adversely affect the Group's markets, with the outlook for the UK remaining uncertain and Spain continuing to be very difficult,' Northgate said. 'Our focus therefore remains on hire rate improvement, efficient fleet management, further cost reductions and cash generation.' ALSO ===== Vehicle hire group Northgate reported an improvement in utilisation rates of its fleets in the four months to 28 February in the UK and Spain. In the UK, it achieved an average utilisation rate of 91% during the period, a 5% improvement on the rate achieved for the same period the previous year
Reducing net debt by £236m in one year is good going for my liking. Taking into account this has been done during the tail end of possibly the longest recession since the 30's and I feeling OK today (for a feckin change!). Its all going to boil down to economy making a good to medium recovery and this one will fly. I suppose this is the reason why most of us got into this share it the first place though. Talk about things being out of your control or what!!? Its stick or twist time. I'm in nuts deep at the moment and lost 20 odd % since last year so I think I’ll have to wait this one out.