Market's view on Northern Bear
Published on April 2024
- A stock watcher speculated that a significant investor initially bought shares based on the company’s fundamentals, hoping to implement changes to quickly enhance value, but found no easy solutions, leading to a quiet exit.
- Another stock watcher questioned the wisdom of buying shares when there is a known large seller in the market, although if the shares were undervalued, it might still be an attractive buy.
- There are discussions about the company’s performance, with expectations of earning £2 million plus per annum, and how this could potentially return the share price to 70p despite ongoing large sales by a significant shareholder.
- Comments about the former NTBR chairman indicate he is not in a hurry to sell his remaining shares and is satisfied with their current performance.
- There is a mention of a tender offer last October, which was part of a strategic review that included potential exit options for shareholders, indicating a clear intention by some to exit.
- Discussions involve the company’s financial projections and broker forecasts, which are essential for some stock watchers in assessing the company’s trajectory.
- There is a general concern about the share price being depressed due to ongoing large sales and how this might affect the stock’s value in the short term.
- Observations were made on the company’s stock trades, dividends, and share tendering processes, noting how these activities might influence investor decisions and stock price.
- A notable change in major shareholders was pointed out, with speculation on whether new dominant shareholders might influence company policy or strategy.