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Northgate Information Systems reborn! (NIS)     

Socrates - 18 Dec 2003 19:20

I cannot believe I'm the only NIS investor on MoneyAM, well yes I can actually. It's been in the doldrums for so long since it floated as MDIS that it missed out on most of the dot.com recovery.

However, under it's new management, it has steadily progressed with consistently good annuals and interims, gradually confounding the shorting fraternity who just loved knocking it. Over a period, the figures were such that the shorters negative comments were no longer sustainable without looking a bit silly.

The NIS management have been aquisitive in a small way and their takeovers have always been earnings enhancing IMHO. Now they are in a 150 million reverse takeover of Rebus what will effectively double the size of the company at a stroke.

I believe this company to have an exciting future and intend to hold for a fair while yet. There might well be trading opportunities along the way for the short termers who know about these things.

Well worth a bit of your own research, methinks.

jfletendre - 13 Feb 2004 19:09 - 14 of 16

I read on another thread that come March 5th, NIS might be admitted to the FTSE250 - would that impact the share price?

jfletendre - 13 Feb 2004 19:09 - 15 of 16

Dil - 14 Feb 2004 01:05 - 16 of 16

Forget it .... I can't be ar*ed ..... be careful .
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