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?

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