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Https://finance.yahoo.com/news/newmark-security-plcs-lon-nwt-054612507.html
Wallstreet article now showing on Yahoo! that allows comments, so I have added mine, just in case there are investors reading up.
Merry Christmas all.
NWT has today moved up a further 3p (4.32%), to 72.5p (70p - 75p).
That's a new three-year closing high, and indeed is NWT's highest closing high (consolidation-adjusted) since February 2020 - before COVID-19 really began to impact here.
And it marks a concerted move into the 70s; just ten days after moving into the 60s, after nine months mainly in the 50s.
So the NWT s.p. is clearly on a bit of a roll at the moment.
And with such strong s.p. momentum upwards, plenty of good news in the offing shortly, and still massively undervalued and with a huge rarity factor, the fun here should only just be starting.
80p should be cleared pretty soon I would think, with 100p then the next target looking quickly achievable; and above 100p there looks to be little chart resistance until about the 150p level.
I've sent your feedback Provest :)
Hi Marie-Claire,
Great to see the RNS out today and the price is up again. The notification on results should set a floor under the current gains and generate further interest from investors keen to get the update that will come with the 1H results.
I'd like to bring to your attention a recent post from what I think is a new investor that has just bought in:
Title: Growth drivers
Will one of the biggest near term growth driver will come from the rollout of Primark stores in the US? 8 new stores this year and 60 by 2026, GT clocks etc should be added at each of these shops. There are 1,309 TJ Maxx stores in the United States as of December 05, 2023 so Primark needs to get a move on if it wants to be competitive. Its only a bit disappointing that NWT dont talk about this more, but I guess the lack of transparency gives insiders the chance to buy stock without telling the market where the real growth is coming from!
Just like when you explained the US model at the AGM -where we are super scalable and efficient. If the above is correct, it would be great if you could provide case studies (Primark or equivalent) at future investor updates. This will help that improve the understanding and make real for investors the opportunities, companies we support and how we will achieve the growth story.
Again potentially something to think about and plan to cover when you are holding the next updates.
Have a great Christmas.
Regards
David
Sent from my Galaxy
Marie-Claire has confirmed that the RNS with the date for the 1H results will be out this week. The results will be accompanied by an analysts note on the strategy and opportunities for growth.
Both are are suggestions of improvements we can make that Marie-Claire has supported.
I don't believe in surprising investors, it is not acceptable and naive just publishing results without a notification of when they will be published. So by getting the date out It allows us as investors to prepare for the results and might generate some coverage or trading activity. As we'll be on the radar for reporting companies. We'll get into investor calendars where we might pick up some interest from commentators, journalists or just interested investors.
The analyst's report will provide a more authoritative reference and summarise what is lost in the results publications and focus on the opportunity. I've not see the note obviously but I can imagine the picture it should paint based on my own understanding of where we are and where we are heading.
Like hedgehogs, provest's and fft100 ideas, if anyone has any ideas that might be useful to communicate to Marie-Claire please post them and I will happily share them in my future communications.
Great input Provest 2013. It would make a great case study if Primark are happy to be named. I will certainly mention to Marie-Claire.
We had coverage from Simplywall.st. Nice to final be noticed given recent gains and the annual gain of over 100%. As they state more to potentially come and as we all know the numbers are a little clouded by UKG. No one is pricing in the Safetell recovery either.
https://simplywall.st/stocks/gb/tech/aim-nwt/newmark-security-shares/news/further-upside-for-newmark-security-plc-lonnwt-shares-could
Surely the biggest near term growth driver will come from the rollout of Primark stores in the US? 8 new stores this year and 60 by 2026, GT clocks etc should be added at each of these shops. [LINK REMOVED] There are 1,309 TJ Maxx stores in the United States as of December 05, 2023 so Primark needs to get a move on if it wants to be competitive. Its only a bit disappointing that NWT dont talk about this more, but I guess the lack of transparency gives insiders the chance to buy stock without telling the market where the real growth is coming from!
'Saturday Night at the Movies':-
An illustration of how dangerous automatic doors can potentially be in the wrong hands:-
"The Death Of Saunders in Vienna
From The Living Daylights
Head of Section V, Saunders (Thomas Wheatley), falls foul of some sabotaged automatic doors in The Living Daylights (1987). The balloon that Bond (Timothy Dalton) pops has the words ’smiert spionom’ written on it, which translates as ‘death to spies’."
https://www.007.com/the-death-of-saunders/
The NWT s.p., up over 100% in 2023 at 68p, has had a real 'licence to thrill' this year.
And with 100p now not that far off, there's a good chance that it will achieve 'double O' status in the near term ...
"Global Automatic Door Market Trending Upwards, EN 16005 Demands Annual Maintenance
... Safetell – an experienced and trusted automatic door partner
Safetell has a proven track record of automatic door servicing and maintenance. As well as carrying out annual checks to ensure compliance with EN 16005 regulations, our experts are adept at repairing faults and issues, keeping downtime to a minimum ... "
https://newmarksecurity.com/insights/global-automatic-door-market-trending-upwards-en-16005-demands-annual-maintenance/
Hedgehog100 Posts: 3,346 Price: 59.00 Strong Buy
RE: The Impact of Martyn’s Law / Protect Duty on UK Businesses9 Dec 2023 17:57
"Another area of overlap is between entrance control installations, and automatic door servicing:- ...
So Protect Duty generated entrance control business for NWT should also boost NWT-Safetell autodoors servicing business."
https://www.lse.co.uk/ShareChat.html?ShareTicker=NWT&share=Newmark-Security
This is especially so considering that automatic doors safety standards & annual maintenance are boosted by their own regulatory growth drivers, as they are a legal requirement:-
"Global Automatic Door Market Trending Upwards, EN 16005 Demands Annual Maintenance
JANUARY 19, 2023"
https://newmarksecurity.com/insights/
"Global Automatic Door Market Trending Upwards, EN 16005 Demands Annual Maintenance
The global automatic door market is predicted to grow in all segments over the next five years, according to multiple reports. The widely-adopted EN 16005 directive also means building owners must ensure their doors meet stringent safety standards. ...
The directive was ordered to improve safety standards and states that people and goods are not allowed to be hit by moving doors. To ensure this is achieved, EN 16005 says that power-operated doors must be installed with safety sensors and door operators that are in constant communication.
Maintenance has to be carried out by approved technicians annually on all doors covered by EN 16005. Failure to do so leaves owners potentially liable should an incident occur because of a faulty door. The scope of EN 16005 is described as “[dealing] with all significant hazards, hazardous situations and events relevant to power-operated doorsets when they are used as intended and where conditions of misuse are reasonably foreseeable by the manufacturer”.
While the EN 16005 regulations were agreed upon for use in Europe, it has also been adopted by nations in the Middle East and Asia.
What is the size of the automatic door market?
The global automatic door market reached a value of $18.44 billion in 2021. IMARC Group expects the market to reach $30.09 billion by 2027, exhibiting at a CAGR of 8.27% during 2022-2027.
The IMARC report cited “significant growth in the construction industry” as one of the critical drivers of growth in the automatic door market. It also noted that automatic doors are increasingly finding favour as they provide secure and convenient door access to differently-abled individuals.
The impact of COVID-19 is also at play. The pandemic drove a rise in demand for automatic doors as they provide hands-free access to public places, such as shops, hospitals, restaurants, office buildings, and apartments, and cut the risk of viral transmission. ..."
https://newmarksecurity.com/insights/global-automatic-door-market-trending-upwards-en-16005-demands-annual-maintenance/
Hi Marie-Claire,
Just a quick note to wish you all the best at the conference today. It’s fantastic that you are in NYC promoting what we do.
You should not hold back in telling the audience what you’ve created and achieved in the US (as well as the UK/Europe obviously) and what you have planned. The strategy success is only just becoming visible to investors who are closer to the business. Whilst our valuation has doubled on the back of this, we have a market cap of under $10m, yet revenues are at $25m and growing alongside profits that are set to escalate. Given our margins and opportunities there are many more multiples to come as our success will become much clearer for wider investors in the next 18 months. Thus, the timing is perfect to be updating investors at this conference in the US about our business and our plans.
It looks an amazing conference, full of potential investors who will be looking hard to find the best investment opportunities in the sector. Tell them - we are the one! They and I will thank you for it.
All the best
David
Many thanks dab,
Welcome martyh,
Frustratingly there are no forecasts but here is a slide worth looking at. https://x.com/00dab/status/1734941407431839919?s=20
The decline in the old Safetell business has masked the growth in Grosvenor Technology. The business looks like it is treading water at the top level but as this graph shows it is a very different story.
In January it became very clear that we have a very successful strategy in GT playing out. The price has risen from 30p in Jan to where we stand today, but this is still very cheap. This year has seen a turn around in Safetell (as per the final results of 22/23) so we are expecting both business to be adding to the bottom line for 23/24. Note that we also had an impact from UKG on 2022/23 and 1H 24 revenues, this will work through this year leaving us with what I believe will be a £2m+ profit in 24/25. This is all my own research. Please do you own. All the usual caveats etc. Happy to help with any questions.
Are there any forecasts in the market for NWT?
Thanks
Imperial Capital
@ImperialCapital
Imperial Capital is a Toronto-based private equity fund focusing on buy-out opportunities in the Canadian and U.S mid-market (EV's between $50-$300mn).
I'm waiting for the 'X' feed to start on the Security Investors Conference, I will then chip in with a few take aways for one of the presenting businesses 'Newmark Security'.... Let's see if we can drum up some attendees for Marie-Claire's session and shine some light on this amazing opportunity.
It has to be a bit frustrating for anyone wanting to take a big bite or even a small one given there is (currently) a lack of stock supply. We've moved up on very little volume from 50p to 65p on the back of around 50,000 shares. Sellers who might have previously sold into such a rise are clearly sitting on their hands given we are so close to the strategy coming through in the numbers. I'm not selling a share until we are 100p + and then not many, I expect many other long term holder might be doing the same. The opportunity to go so much higher will be a constraint for sellers. A take over is clearly the way to go if you really want to get in and you are big enough or perhaps you have to approach directly the holders of significant holdings an agree a price (250p +), as otherwise you are constrained to a 1,000 shares a time with the price moving up trade by trade.
It's a wonderful place to be.
" ... here's hoping that some American investors take a really big bit of us!"
A really big BITE of us rather!!
Thanks Dab!
The 'B&B' impact here has certainly been quite a hit: that's Bitner-Bessmann of course, not bed-&-breakfast ... though you could be 'dining out on this' for quite a while!
But I'm sure you won't mind sharing credit with our CEO's 'Big Apple' news: and with the 2023 Security Investor Conference starting in New York tomorrow, here's hoping that some American investors take a really big bit of us!
It has taken a while but we are pushing nicely higher knowing there will be further validation that there has been a real strategic change in the business as a whole.
GT continues to win contracts, grows reoccurring revenues and is highly profitable.
Safetell grows revenues further after years of decline with its new strategy, supporting profit growth for the group as a whole.
All very probable outcomes from the new year update, all leading to a price that could well be above multiples of where we are now.
A £6m valuation for a business that is turning over £20m and has net assets of £8m, that is cash generative and profitable is laughable. Again I stress just a £6m valuation...
It is great to be on this journey with you Hedgehog. When we hit £2, the champagne is on me at the next AGM!
From the legendary Jesse Livermore:-
"Buy rule:
Go long when a stock hits a 50-week high"
https://www.tradingwithrayner.com/jesse-livermore-quotes/
Recent Share Trades for Newmark Security (NWT)
Date Time Trade Prc Volume Buy/Sell Bid Ask Value
11-Dec-23 15:28:28 63.00 1,000 Buy* 58.00 65.00 630.00 O
11-Dec-23 15:22:39 63.00 1,000 Buy* 55.00 63.00 630.00 O
11-Dec-23 13:50:12 63.00 1,000 Buy* 55.00 63.00 630.00 O
11-Dec-23 13:42:11 62.50 5,800 Buy* 55.00 63.00 3,625 O
So another new two-year high today for NWT, and a long-overdue move into the 60s: up 2.5p (4.24%), closing at 61.5p (58p - 65p).
This looks like a significant chart breakout upwards from the 50s trading range of most of the last nine months.
"Religious Building
Safetell Safeguards Place of Worship against External Threats
Places of worship are a potential target for hate crime attacks, and it is imperative to protect the religious community within the building from external threats. A concerned religious establishment approached Safetell while looking for a solution to ensure their security and safety.
Solution
Safetell designed and constructed a two-part security system that met the project’s needs. The first part was a reinforced version of the ornamental railings that were originally in place, and the second part was a secondary ballistic glazed system that spanned the entrance to the building behind the railings. PAS68 bollards were also installed to shield the building from potential attacks.
To maintain the ornate appearance, Safetell had to overcome the challenge of creating a foundation to support the system on top of the vaulted crypt. The solution involved fixing the posts securely, despite the weakened 19th-century steel and clinker slab below. The railings had to open outwards for easy access to the glass for cleaning and had to have no visible fixings. Safetell was able to achieve this by adding bespoke hidden latches and hinge mechanisms and colour-coordinated cover plates on all external fixings.
Outcome
The security system provided the necessary protection required while maintaining an aesthetic appearance that was unobtrusive and sympathetic to the surroundings, demonstrating Safetell’s commitment and expertise in providing security solutions that meet the unique requirements of each project. Contact Safetell if you require any security solutions for your premises!"
http://www.safetell.co.uk/case-studies/safetell-safeguards-london-place-of-worship-against-external-threats/
It's significant that for both of the above projects, the client or the client's agent approached Safetell for their needs, rather than vice versa.
And this seems to be the norm for Safetell, as with their Stonehenge project:-
" ... English Heritage approached Safetell, a security solutions provider ..."
http://www.safetell.co.uk/case-studies/protecting-britains-heritage/
This is a sign of a commanding Safetell reputation, in line with NWT's growing 'go-to' status for both its subsidiaries:-
23rd Jan 2023 7:00 am RNS Final Results
" ... In an increasingly risk-aware enterprise environment, we have been working hard to broaden our reach and reputation as a trusted security partner, becoming a go-to brand for customers who are seeking this control to simplify the growing complexity of security and compliance requirements in the intersection between physical and digital worlds. ..."
https://www.lse.co.uk/rns/NWT/final-results-fjybevmguogyzsg.html
Safetell's long experience and expertise in protecting against terrorist attacks should make it a 'go-to' provider for Protect Duty generated demand:-
"Case studies
Throughout our 30-year history, we have helped protect some of the UK’s most secure and iconic locations, working with individual clients as well as many contractors and consultants working on behalf of others. Whether using a standard tested and proven product or designing a new solution for a specific problem our design team is on hand to help you find the right solution."
http://www.safetell.co.uk/case-studies/
"International School
International School – Reducing Security Risks
Given the ever-present risk of a terrorist incident in major cities, an international school in central London decided to proactively address the risk and implement measures to safeguard the children, and staff, whilst at school.
Challenge
The risks the school faced could be from low-level attacks from unstable individuals, through to potential attacks with firearms, and vehicles used as weapons, either indirectly or directly targeting the school. The client needed an unobtrusive solution that would secure the perimeter whilst still ensuring the space around the school would not be affected, leaving the children a protected outside space to play. It was important for the children to have a clear view outside, making the space feel open, whilst still providing protection and privacy from the outside in.
Given the ever-present risk of a terrorist incident in major cities, an international school in central London decided to proactively address the risk and implement measures to safeguard the children, and staff, whilst at school.
Solution
After receiving the enquiry and conceptual plans from the architect, Safetell reviewed the requirement and prepared a solution that would meet the project’s needs. Working closely with the main contractor, Safetell designed and manufactured a ballistic boundary system to protect the perimeter around the school. Utilising a combination of the ballistic resistant walling and discreetly positioned PAS 68 bollards to create a shield preventing large vehicles from ramming into the school. The walling itself was made up of bullet-resistant armour and glass to protect against firearm attacks.
Outcome ...
“We are immensely proud of this unique and important installation. It is a prime example of Safetell’s capability, proficiency and effectiveness when presented with a clients physical security problem. As always our design team focused on the client’s desired outcome and worked our way back to the solution that mitigated the risk for the school. ”
Nick Shannon
Managing Director, Safetell""
http://www.safetell.co.uk/case-studies/international-school-reducing-security-risks/
From the new Grosvenor Technology article on the UK's forthcoming Protect Duty legislation:-
"Insights
Martyn’s Law and Access Control – Being Ready for The Terrorism (Protection of Premises) Bill
As industry innovators, it’s our mission to continuously look forward and anticipate the demands of tomorrow’s environments.
Paul Smith
Head of Quality & Compliance
... Supporting the Introduction of Martyn’s Law
Upgrading to the latest estate-wide door security and access control systems is only one step on the path to true compliance with Martyn’s Law. The bill requires the development of security plans and processes to be put into place, as well as the full training of staff. ..."
https://www.grosvenortechnology.com/insights/martyns-law-and-access-control-being-ready-for-the-terrorism-protection-of-premises-bill/
This likely increased need for security plans and training looks to have been well anticipated by NWT:-
From early September this year:-
"Insights | Company News
Meet The Trainer
The Power of Dynamic Training
Book training
Colin Leatherbarrow
Managing Director
Grosvenor Technology is pleased to introduce Robert Taylor, who joins the company as Access Control Trainer. Robert brings with him a high level of experience and talent for engaging and accessible training, which has enhanced the existing programmes. ...
Already ringing the changes, Robert’s efforts have resulted in hugely beneficial projects. These include establishing centralised training resources for accessible information, introducing a collaboration with industry leaders Assa Abloy and Gamanet, and a streamlined online booking system. ...
In a landscape where technology shapes the future, the appointment of Robert Taylor is a significant step forward as Grosvenor Technology strides forward in creating a more secure and efficient world. ..."
https://www.grosvenortechnology.com/insights/meet-the-trainer-the-power-of-dynamic-training/
And from late November this year:-
"The significance of tailored security
... Employee training: Tailored security solutions often incorporate comprehensive employee training and awareness programmes. These initiatives equip your workforce with the skills and knowledge to identify and respond to security threats and foster a culture of vigilance and responsibility. ...
Response planning: Customised security solutions are often designed with security response plans, tailored to the unique risk profile of your business and outline specific, step-by-step actions to be taken in the event of security breaches. With a detailed response strategy, companies can minimise the potential damage from security incidents and streamline their recovery processes, ensuring business continuity. ..."
https://newmarksecurity.com/insights/why-tailored-security-is-the-way-forward/
Another area of overlap is between entrance control installations, and automatic door servicing:-
26th Sep 2023 7:00 am RNS Final Results
"... Our Physical Security Solutions division, Safetell, is also now well-positioned to make a greater contribution to this strategy, by growing its services to achieve national scale efficiencies as well as optimising its product portfolio and improving its competitive position with broader manufacturing and supply chain options. Already underway, these initiatives will see it continue to advance its share of the Entrance Control and Automatic Door servicing market by pressing its advantage, offering complete security solutions with services that bring rapid response to customers' needs, as well as targeting new market opportunities with an enhanced sales and marketing team. ...
Already underway, these initiatives will see it target larger contracts in entrance control, build new national scale relationships for our Autodoor Service Department ..."
https://www.lse.co.uk/rns/NWT/final-results-s32ymd0rnewx4w0.html
"WHAT ARE THE BENEFITS OF INSTALLING AUTOMATIC DOORS?
... Added security
Automatic doors can help manage access to your building and be used as part of your overall security strategy. They can be controlled remotely with access only being granted to particular traffic. They can be deactivated entirely or programmed to open and close during certain hours or during particular conditions.
Automatic doors can easily be integrated with other security systems, such as security cameras and alarm system. In an emergency they can be set to remain open to allow speedy evacuation of the building. ..."
https://insights.safetell.co.uk/automatic-door-installation
"WHY AUTOMATIC SLIDING DOORS ARE GOOD FOR COMMERCIAL PROPERTIES?
" ... Security
Automatic sliding doors contain tough security glass that is robust and shatterproof. When the building is not in use and the doors are in a closed and locked position, they are extremely difficult to force. Because they slide open, they are incredibly difficult to attempt to force. Modern automatic sliding doors contain advanced security features that improve the overall security of commercial premises.
It’s also possible to combine automatic sliding doors with entry systems that ensure they only open when personnel with the correct access permission approaches. Automatic sliding doors can be configured to enable generalised access during working hours, or more limited access to employees and permitted visitors. ..."
https://insights.safetell.co.uk/why-automatic-sliding-doors-are-good-for-commercial-properties
So Protect Duty generated entrance control business for NWT should also boost NWT-Safetell autodoors servicing business.
"King's Speech (7 November 2023): On-the-Day Briefing
His Majesty The King today (7 November 2023) set out the Government’s agenda for the next Parliamentary session. This briefing details the new Bills of relevance to local government and outlines our local government priorities
... Terrorism (Protection of Premises) Bill
• Known as Martyn’s Law, the Bill will introduce a new duty to protect public premises from terrorism.
• The Bill will require certain venues to take proportionate steps according to capacity to mitigate the impact of a terrorist attack and reduce harm. ..."
https://www.local.gov.uk/sites/default/files/documents/King%27s%20Speech%202023%20-%20OTDB.pdf
So the Protect Duty law is intended to enact in the current Parliamentary session, ending in October 2024.
And forward-thinking businesses should start preparing in advance of the new Act being passed.
"PROTECT DUTY
The Home Office estimates that 650,000 UK businesses could be affected by Protect Duty. ..."
https://marlowefireandsecurity.com/resources/protect-duty/
This is a major business and investment opportunity, and I'm not aware of a better play on it than NWT.
And as such this could attract considerable investment interest into the company.