Does anyone have any information on NSB Retail Systems. Results are due out tomorrow, will they be good or bad? Is it a good buy?

I have recently purchased over 110,000 shares in this company following the recent company announcement that profits would exceed market expectations for the coming year and would show a large increase from last year's profit figures.

Following this recent announcement you would expect to see a share price rise
and more coverage in the financial press. However, the reverse has happened and since the announcement more investors have been selling these shares rather than buying them.

I wonder whether this is because the economic uncertainty in America, the behaviour of market makers shaking the tree before the share price increases or large professional investors awaiting the release of the Financial Results on the 3rd September 2004.

I view this stock as a long term investment and feel it is greatly undervalued
considering it will be making decent profits over the next 12 months.

I would be interested to read other views.

Quite impressive Interim Results announced today. However, another dip in the share price caused by the negative outlook for the Technology sector in the USA.

However, I remain confident that my strategy to 'buy and hold' this share for the next two years will hopefully pay off. This company has a profitable outlook for the next year with the expectation that profits should double.
Come on lets me hear some other views on this stock even if your view is the opposite to mine.

a very attractive cash flow position...I assume there is nothing too worrying about exchangeable converable preference shares though I must confess to not understanding them, do you?...the one thing that concerns is the bald statement "no divi" without any mention of an intention to pay oooodles as soon as possible...there are too many companies focused on employees and directors pay...a dividend or even mention of one gives a shareholder a nice comfortable feeling...I will let price settle a bit.

Tipton thanks for your message.

Like you I cannot say that I understand exchangeable convertable preference shares and I am also concerned about the Board's intention not to pay dividends now or in the foreseable future.

I am planning to keep my holding for the next 24 months and hopefully profit from rises in the share price. Although the Tech sector is in the doldrums this company is increasing its revenue and profits whereas other companies in the sector are loss making or making less profits.

To be honest I'm quite baffled why the share price is so low and why the company seems to be overlooked by all the City Analysts considering its growth potential in the USA and Europe. I've got a feeling that the share price will not start motoring upwards until the next full year Financial Accounts are published.

Tipton where can you see the share price going over the next 6 months and do you feel that this share is worth holding onto.

Cheers

I've just read today that the company has been awarded another large contract in the USA. The contract is worth several million pounds over a period of 5 years. However, after an initial small rise this morning the share price has now declined by 50p.

What is going on here? A company announces in its Interim Results that it has increased its sales revenues and operating profits and continues to be awarded more contracts but City Investors continue to ignore it and its share price declines.

A buy in Investors Chronicle this very day

I bought off the back of that IC recommendation. It looks like a good one to me especially now that is has just stepped up 5% today.

Been featured on the home page all morning. A most welcome and encouraging trading update. Profits doubled and cash at bank, so the old debt problem has now been cleared, and cash is flowing in nicely. Would expect to see a return to the dividend list soon.

100,000 buy just gone through. Now that the short term action could be ending, there should be a steady rise through next week and past the results in March.

SHARE Magazine has just tipped this in their cover article "Back in the "Race".
prospects look good. I think i will try a flutter