could be the mother of all rockets

:05 NXT PLC - Holding(s) in Company RNS
RNS Number:2768F

NXT PLC

05 October 2007


TR-1: notification of major interests in shares
1. Identity of the issuer or the underlying issuer of existing NXT plc


shares to which voting rights are attached:
2. Reason for the notification (please tick the appropriate box or boxes)
An acquisition or disposal of voting rights x


An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached An event changing the breakdown of voting rights Other (please specify):___________________________________________
3. Full name of person(s) subject to the notification Barclays PLC


obligation:
4. Full name of shareholder(s) (if different from 3.): Barclays Capital Securities Ltd
Barclays Stockbrokers Ltd
Gerrard Investment Management Ltd
5. Date of the transaction (and date on which the threshold is 04-Oct-07


crossed or reached if different):
6. Date on which issuer notified: 05-Oct-07
7. Threshold(s) that is/are crossed or reached: 13 to 14%


8. Notified details:

A: Voting rights attached to shares Class/type of Situation previous to Resulting situation after the triggering transaction
shares the Triggering
transaction
if possible Number of Number of Number of Number of voting rights % of voting rights
using the ISIN Shares Voting shares
CODE Rights Direct Direct Indirect Direct Indirect
GB0004397567 13,218,536 13,218,536 13,284,389 0 13,284,389 0.00 14.06


B: Financial Instruments Resulting situation after the triggering transaction
Type of financial Expiration date Exercise/ Conversion Number of voting rights % of voting
instrument Period/ Date that may be acquired if rights
the instrument is
exercised/ converted.


Total (A+B)
Number of voting rights % of voting rights
13,284,389 14.06


9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: Barclays Capital Securities Ltd

Barclays Stockbrokers Ltd

Gerrard Investment Management Ltd

Proxy Voting: 10. Name of the proxy holder: 11. Number of voting rights proxy holder will cease to hold: 12. Date on which proxy holder will cease to hold voting rights:

13. Additional information:
14. Contact name: Geoff Smith
15. Contact telephone number: 020 7116 2913
This information is provided by RNS
The company news service from the London Stock Exchange



END



HOLUUGWUUUPMGMA

bid coming..another QXL?

nxt employees told to keep stum...jon boys wanting in

You mean from 25 in 2000 to 14p now. Miserable.

yes but remember QXL... 800P TO 0.1P THEN TO 20P [BEFORE CONSOLIDATION OF 1000/1]= 200 BAGGER...THE SAME WILL HAPEN TO NXT...IRAN JON BOY WANTS TO BUY BACK BUT WILL SMALL INVESTORS LET HIM..I SAY F OFF JON BOY JUST LIKE QXL'S ZALESKI AND CO

maestro.....what about all of your other 100 tips? 98% of them fall.....you never seem to bring them up......

it doesn't matter as long as you get a 200/1 bagger...NXT the next little beaut

maestro....so you are saying you bought QXL at the bottom and sold at the top.......dont believe it.......so to prove it be so kind as to post the proof....a screenshot of your account showing you going in and out of the trade with all other details blanked out will suffice...do that and i agree that was a superstar trade...if not then wind yer neck in coz yer a clown

i bought near the bottom 0.14p but i admit i sold too early due to loss of job..sold at 1.5p old price or would have been a millionaire now...the day i sold it doubled again in a few days or would have made 160,000...thats life i guess

What does it all matter,we are all in this game to make a few quid.I cannot see who gives good advise or bad it's upto yourself to make up your own mind if it's a good or bad share.And if someone makes a buck or two well done.

Just a quick question maestro how many were you holding at the time?

4500 old shares...sold all except 591 and sold them at 2000p...fuck it!

This 'mother of all rockets' seems to be heading in the wrong direction.

maybe they want it to hit 4m market cap and then buy in for a similar qxl recovery play

NXT just has no comparison to QXL. This has been a failure for a long time.

well it has just 3 letters like QXL and middle one X

QXL is a Polish-biased Ebay look-alike and I guess that is profitable ..... but it is a whote lot different from a manufacturer like NXT.

I agree NXT has been a disaster and the only folk to benefit have been the Directors, who would not find employment elsewhere if their performance was similarly disgraceful -
. . . . However, remember that the sp is nothing to do with the Company! . . .
It is a "Fear/Greed"-issue and to that extent a loudspeaker maker in England is never going to be worth 4 ( I checked the sp graph over 10years and it never was 16, mentioned earlier. . .or is the graph wrong?). Grief, Lloyd's Bank is only a pound more and they have a decent Yield!

However, it is possible it's worth 8p - but I'd like to know what the Directors were doing to have got the business so poor. Heads must roll!

Anyone taking up the Rights?

one whiff of a profit though and this will soar past 100p

You must have had a whiff of something to reach this conclusion.

not really..when nxt speakers become standard in mobiles,computers,cars then you are looking at a monster waiting to happen