Member Info for inthemony

Hang in there nite1 - you picked a very stable stock here with room for growth. General market has been tough last few days though NPT f/y results for 2013 will be announced in April I think. Management is good at providing frequent trading updates and, for a while now, NPT keeps going from strength to strength, makes good money and pays good dividends.

Me too - surprised to see the pull back but I am sure it is some simple consolidation/ profit taking so I took the opportunity as well.

BTW, welcome aboard INVESTEC!

SP moving as it should be - this biz operates in a dynamic sector straddling gaming and technology, has a strong and disciplined leader, is generating strong cash...it was learning to stand, is now walking and will soon be in a jog. Still undervalued IMO

Must be taking out one or more current investors...maybe taking out a large portion or all of Henderson's? I would think that under any other circumstance, the share price would have been driven much higher...this can only be good - obviously!

See latest RNS - the Henderson Headwind will probably be with us for a while. I am glad they are patient sellers. Take Henderson's selling out of the equation and NPT really flies. They still hold around 20%....I wonder just how small they want their holding.

Whilst I have said this before, I say it again. This company continues to go from strength to strength with a stable leader in charge (with an accounting background) who is ultra focused on the pounds and pence. Stable organic growth continues, it is a high margin business and thus is throwing off cash and dividends, and is in the correct sector being gaming, which is hot worldwide. Don't be put off by the share head-wind...a while back (several years now) a large placing occurred at 3p. You have to dig into the historical RNS. I am sure that those that participated in that are slowly selling into the stable but good news as they have obviously done very well for themselves. Not sure how much Henderson has left but it must still be significant. One cannot blame them for taking some off the table. My view, as this company continues to build on a strong foundation, it will become a superb target for some international group...thinking someone from the PRC/ Macau. IMO...DYOR

Timely news tomorrow?

Argh! Looks like Henderson continues to sell into the share price rise. Cannot blame them for taking some off the table but man, it sure creates a headwind for the rest.

This is an interesting point - SC looks like a turnaround guy and not so much a long-term manager who can grow this thing over the long haul. No real experience in running larger firms. If this really is headed to a 50 or 100+ million market cap, I have to wonder if he is the kind of guy to step aside to let a proper CEO take over who can manage a potentially global company. Seeman looks to be more of a tech vision guy, not really the person to manage a larger firm for the long run.

Loving it - a strong move to the upside in the last few sessions. Good volumes/ buys - a well supported move in my view. This business is simply going to go from strength to strength with strong cash-flow and financial discipline as exhibited by those at the helm.

What a nice first acquisition - self-funded, 8 quid per customer, same platform which should support easier integration. NPT continues to grow slow and steady which is just fine by me as I collect dividends along the way. I cannot think of a better sector in which to have an accountant as CEO than gaming. Once NPT gets big enough, it too will be an easy acquisition target by a larger player.

Sells over 19p - perhaps we can now see some nice movement to the upside. A stable business showing stability and consistent growth.

Hey concious: The only explanation that I can think of is that there are many shares in circulation that have been held by investors for a long time now - some who got in years ago in a placing at 3p. It is reasonable that some of those folks would be taking money off the table. That is really all that I've got, otherwise, I think it is a good long term play and once it becomes chunky enough, a nice acquisition target.

Hey all - remember that the placing from over two years ago was at 3p and it looks like all directors participated - excerpt from RNS below. Not surprising that Lapping and others would want to take some gains off the table. £2.5m raised through successful Placing - Highlights: Successfully raised gross proceeds of £2.5m Funds will significantly strengthen the Group's balance sheet, enable the completion of the Group restructure and ensure sufficient funding to return the Company to sustainable profitability. NetPlayTV (AIM: NPT), the interactive gaming company, announces that, following a process to solicit proposals for a subscription of Ordinary Shares, the Company has conditionally raised £2.5 million before expenses (approximately £2.41 million net of expenses) through a placing of 83,333,334 Ordinary Shares at a price of 3 pence per share (the "Placing Price"), conditional only upon the approval of the issue and allotment of such shares by the shareholders of the Company (the "Placing"). A circular will today be posted to shareholders convening a General Meeting of the Company scheduled for 1100hrs on Monday, 22 November 2010 at Battersea Studios, 80 Silverthorne Road, Battersea, SW8 3HE. The circular will be available on the Company's website www.netplaytv.com. The Company believes the Placing will significantly strengthen the Group's balance sheet, enable the completion of the Group restructure and ensure sufficient funding to return the Company to trading profitability. The Placing Price is below the nominal value of the Company's shares, which is 5p. Accordingly, in order to facilitate the Placing, the Directors are proposing a reorganisation of the Company's share capital by way of a subdivision of share capital, full details of which are set out in the Circular to shareholders. Application will be made for the Ordinary Shares issued pursuant to the Placing to be admitted to trading on AIM. Directforce Trading Limited ("Directforce") (which at the date of this document holds an interest in 29.7 per cent. of the Existing Issued Share Capital) and Gartmore Investment Ltd ("Gartmore") (which at the date of this document holds an interest in 14.1 per cent. of the Existing Issued Share Capital) are classified as related parties of the Company for the purposes of the AIM Rules by virtue of having a substantial shareholding (as defined by the AIM Rules) in the Company. As a result, Directforce and Gartmore's participation in the Placing will constitute a related party transaction for the purposes of the AIM Rules (a "Related Party Transaction"). In addition, Martin Higginson (Chief Executive), Charles Butler (Managing Director), Andrew Lapping (Non-Executive Director), Graham Stevens (Non-Executive Director) and Guy Templer (Chief Operating Officer) ...participated.

Hooray...and a buy order....haven't seen one of them for NPT in a long time. Even though so much selling has been occurring, the price has been holding very firm and this is a good sign in my view. Hope it is a good update.

Makes sense to me as well. Zed was probably in early and I think that the exit was a good one and paves the way for upward movement in the future. A beauty indeed for a number of reasons and in the right sector for good long term growth.

Remember that several years ago there was a funding round at 3p when the company was in trouble and before it re-positioned itself. One would have to presume that those that got in at 3p must take some of theirs off the table with such a nice gain. I think it is a good sign that with such selling, the price is holding firm...must be some willing buyers out there as well.