Some Background...

NSB shares were buoyed by news last month of two huge contracts with WH Smith.

The GBP4m software licence fee is payable this September, plus support and
maintenance, will bring in GBP1m a year for a minimum of five years.

According to new broker Collins Stewart, GBP40m of this year estimated turnover of GBP64m may be recurring maintenance income.

The sale of the UK hardware services business has helped cut annualised costs by GBP12m. 2003 might produce break-even, before GBP10m of goodwill amortisation. Ord price: 10p

Market value: GBP32.4m

Had an eye on these but couldn't get round to researching them, Read somewhere NSB were recently tipped by IT journals, as a company with a great future especially after recent Major contract win.

NSB Retail this is just the beggining, Check out the buying interest today and you'll see Im not alone.


A lot of Institutional and Fund Buying going in background as some trades are Blocks of 250,000 -300,000 - 40k trades going through...

Expect NSB RETAIL to continue to move up again from here on after a such a long absence...

TODAYS VOLUME A HUGE 5-1 in favour of BUYS-SELLS RATIO.

Nuff said...

NSB Retail Systems PLC
11 July 2003

NSB Retail Systems PLC

11 July 2003


NSB RETAIL SYSTEMS PLC ('the Company')


Holding in Company


The Board of NSB Retail Systems PLC announces that it was notified on 7 July
2003 that Michael Howard Burn no longer has a notifiable interest in the
ordinary 2p shares of the Company.

Who is Michael Howard Burn ? What is the significance of this announcement, anyone insights please.

Nikki Beckett, Chief Executive of NSB Retail Systems commented:-

'Whilst 2002 was undoubtedly a difficult year for the retail sector, NSB has
taken decisive action to bring costs into line with lower revenues. Despite the
challenging business environment, we have won significant new competitive
business including a key contract with JCPenney for our new .Net POS store
system.

We have a strong product portfolio, unrivalled retail experience and a
committed and knowledgeable workforce. The next twelve months are unlikely to
show a marked improvement in trading conditions, however, I believe that we
have taken the necessary steps to meet the coming challenges.'

Be careful not to take too much forgranted. These shares have risen a lot in the last few months and might be high enough. Do not buy too close to the announement or you may not have a big enough cushion to guard you against city disappointment on the 29th.......

NSB retail definately worth watching from here...someone some where knows something...

closed 15-15.5p +7.5%

NSB RETAIL ..excellent RISING UP TODAY...UP 10% ON THE DAY!

16.5P TO BUY NOW,..SOMETHING MAD IS GOING ON, AND i WISH KNEW...announcement of one kind or another...but what exactly i do not know...i may call company later...

jules.

still plenty of buyers today I note, why is their so much interest....any rumours or is their potentially something real happening, I suspect another contract win, and somebody obviously knows this then?

or Perhaps it was tipped weekend gone?


ANYBODY KNOW ANYTHING MORE???

jules

CHECK THE BUYS OUT AGAIN...PRIVATE INVESTORS APPETITE FOR BUYING IS INCREDIBLE...

still on heat this one...any news or rumours this week from other BB's?

going up today and a great medium to long term prospect... JCP go live next month and many major contracts possibly waiting here...

strong buy...

from eaglet...which has a rather large holding in NSB...


Eaglet Investment Trust results are out and gives a positive outlook on some of the companys they have invested in ( including NSB !! ) and concludes " The next bull market has begun " :

"The recent share price performance of our recruitment companies has been most
encouraging and during the final 3 months of the year Robert Walters and MSB
achieved gains of 83% and 70% respectively. There were many strong performers
during this period as investors appetite for growth improved. The list of
companies whose share prices gained more than 50% include NSB Retail Systems
(+103%), Wealth Management Software (+95%), Compel (+86%) and APC (+77%).

It is encouraging to experience a marked turnaround in the share price
performance of many of our portfolio companies. Whilst economic conditions
remain very challenging we are continuing our efforts to help the managers of
our businesses prepare themselves for the better times ahead. The operational
sensitivity of smaller companies leaves us in no doubt that profitability will
improve dramatically when market conditions improve.

The strong recent portfolio performance has continued since the year-end and I
believe that the next bull market has begun."