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?

The last news I have is Play of the Week from Shares Magazine, issued after NSB issued a trading statement on the 23rd January.

Shares Summary - Disposal to BT was a peach of a deal, Retailers are buying again, Strong cash position.

On the 29th January The Guardian pointed out that index-tracking funds will have to buy around 25m NSB shares if, as expected, the company is added to the FTSE All-Share Index at the next quarterly review in March.

Hope the information helps.

They are often mentioned in the sun.tel in the Money setion on page 2 by one of the tipters who must hold a cosidrible sum of them .When I purcased them it was in Shares mag (way back ) in late 2002 as a gamble.

this is a growth company that supplies integrated retail software and hardware systems to high street retailers .. it has 50 of the top 100 US retailers as it's customers ..and it seems to be winning new contracts in the US ..Canada ..UK quite regularly ...

this was a recent trading statement ..It's expects it's profits to exceed expectations by 20% ..has ticked up a little ..but still well below it's years high..

One to look into into .results due out next month. I hold some

NSB Retail Systems PLC
30 July 2004


Date: 30 July 2004

Embargoed to: 0700hrs


NSB Retail Systems PLC

Trading Update

Half year profits to be approximately 20% ahead of market expectations
New contract with adidas USA

The Board of NSB, a leading provider of software solutions to the retail
industry, is pleased to announce that pre-tax profits before amortisation of
goodwill, net exceptional gains and tax for the half year ended 30 June 2004
will be not less than 2.0 million (six months ended 30 June 2003 0.5 million).
This figure is approximately 20% above current market expectations and exceeds
the comparable figure achieved for the whole of 2003. Net cash (cash balances
less debt) at the period end exceeded 8.4 million compared to net debt at 31
December 2003 of 8.6 million.

The results will reflect a strong improvement in the performance of the North
America operating company despite the weak US dollar, with software order intake
and revenues from software services and support all up on the comparable period
last year. NSB will provide guidance as to the likely outcome for the whole of
2004 at its interim results which will be announced on 3 September 2004.

The Board is also pleased to announce that it has been awarded a new contract
with existing customer adidas USA. The software and services element of the
contract, which is to provide NSB's Connected Retailer enterprise suite
including Store and Merchandising, is valued at in excess of $1.1 million.


- Ends -


Enquiries to:


NSB Retail Systems Plc
Stuart Mitchell, Group Finance Director : Tel: +1 514 426 0822


Redleaf Communications
Emma Kane/Sanna Lehtinen Tel: 020 7955 1410


Notes to Editors:


NSB is a global supplier of software solutions and services that help the
retail market create, manage and fulfil consumer demand. Its customers
include Debenhams, Harvey Nichols, Oasis and WH Smith. Nearly half of
the top 100 US retailers now use NSB systems;

NSB was formed in 1995 and has been fully listed on the London Stock
Exchange since 1999.


This information is provided by RNS
The company news service from the London Stock Exchange

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