Posts in LSE:NTG

Here's where Northgate shares should rebound

Here's where Northgate shares should rebound

It's not been a great couple of months for this share, but Alistair Strang tells us where the 'trampoline juice' should kick in.

Director Deals - Northgate PLC (NTG)

Andrew Page, Chairman, bought 30,000 shares in the company on the 18th July 2017 at a price of 422.22p. The Director now holds 40,000 shares.

Director deals data provided by www.directorsholdings.com

Insider: Five execs with skin in the game

Insider: Five execs with skin in the game

These bosses have just put their money where their mouths are and bet their firms can go onto bigger and better things. David Brenchley reports.

Director Deals - Northgate PLC (NTG)

Claire Miles, Non Executive Director, bought 5,000 shares in the company on the 11th July 2017 at a price of 427.59p. The Director now holds 5,000 shares representing 0.00% of the shares in issue.

Director deals data provided by www.directorsholdings.com

FTSE falls as utility stocks struggle

Weaker utility stocks dragged on the performance of the FTSE 100, which closed 0.2% lower at 7,434.

Electricity and gas giant National Grid (NG.) fell 2% to 984.6p and water firm Severn Trent (SVT) was down 1.8% to £22.64.

SSE (SSE) retreated 1.4% and United Utilities (UU.) ticked 1.4% lower.

There was bad news from struggling British department store chain Debenhams (DEB) as it warned of volatile UK trading, which could drag pre-tax profit to the lower end of the company's expectations.

Shares in the company fell 2.2% to 43.5p as investors were concerned about the grim outlook.

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Volatile UK trading threatens Debenhams' outlook

There was bad news from struggling British department store chain Debenhams (DEB) as it warned of volatile UK trading, which could drag pre-tax profit to the lower end of the company's expectations.

Shares in the company fell 3% to 43.1p as investors were concerned about the grim outlook.

The FTSE was trading 0.1% at 7,440 midday as stronger mining stocks failed to outweigh weakness in utility stocks.

Anglo American (AAL) advanced 3.2% to £10.06 and Rio Tinto (RIO) was 2.7% up to £31.39.

Among the fallers were Severn Trent (SVT), down 1.1% to £22.79 and National Grid (NG.

Are these value stocks bargain buys after full-year results?

Van hire group Northgate (LSE:NTG) has attracted attention from activist fund Crystal Amber over the last year. Fund boss Richard Bernstein told The Sunday Telegraph he thinks the company is "wide open to a bid".

Northgate's FY pretax profit slips

Northgate's FY pretax profit has slipped to £72.2m, from £77.6m, with total dividend coming in at 17.3p a share, from 16.0p.

"The performance of the UK business was, however, disappointing with profits impacted by a reduction in vehicles on hire over the second half of the year," said CEO Kevin Bradshaw.

"A full appraisal has been undertaken and several corrective actions have been implemented," he said.

Northgate - Preliminary results

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Two spectacular FTSE 250 climbers trading at bargain valuations

Storage specialist Safestore Holdings (LSE:SAFE) has taken good care of investors' assets lately, with the company's share price up 313% in the past five years. Recent performance has also been good, with growth of 40% in the past six months alone. Can it continue?