Good morning!
I’m a little bleary-eyed today, as my flight home last night after the Northamber (LON:NAR) AGM was delayed (please note that I no longer have a position in NAR).
Today, I will provisionally cover:
Northamber (LON:NAR)Focusrite (LON:TUNE)Westminster (LON:WSG)Bilby (LON:BILB)XLMedia (LON:XLM)Trackwise Designs (LON:TWD)Goodwin (LON:GDWN)There was a power outage at my office building, while I was writing up Bilby, and I am now aiming for a 5pm finish.5.30pm: report finished for today, I got as far as XLM.
Cheers,
Graham
Northamber (LON:NAR)
Share price: 52.6p (-4%)No. of shares: 27.3 millionMarket cap: £14 millionResult of AGM
Potential Acquisition
I’ve written about this IT distributor recently, both here and elsewhere.
It’s a classic “cigar butt” investment, with an old and unprofitable business attached to a very rich asset base consisting of cash, property and working capital. It has been unprofitable…
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