What is it with small and mid caps on the London market and their inability to budget for tax bills? I start to wondser how many FD's out there received their training in such matters from the late Sir Ken Dodd or from Lester Piggott. Following on from the debacle at Conviviality (CVR) next up is Nature Group (NGR).
I first warned on Nature Group (NGR) as the shares slid to 11p in late 2014 and most recently as they recovered above 4p in November on a Strategic Partner & sale of interest in US announcement. They are now though slumping again on the back of a “Trading Update” announcement…
I first warned on shares in Nature Group (NGR) on this website at 11p in 2014 HERE and further since – most recently in June of this year; without additional material contracts in the short term, it’s cash crunch ahoy! The shares have recently been around 3p, but are currently soaring on the back of a “Strategic Partner & sale of interest in US” announcement…
On 31st May-announced results from port reception facilities and waste treatment group Nature (NGR), I noted having previously warned on the shares in January as they jumped above 12p, they down, heading towards 8p, as clearly material improvement in performance is needed otherwise it’ll soon be cash crunch ahoy. Bargepole. The shares are currently further significantly lower today, heading towards 4p, on the back of an AGM statement… which warns of cash crunch ahoy!...
Having most recently warned on shares in Nature Group (NGR) in January as they jumped above 12p, I note they currently down 12% today, heading towards 8p, on the back of the company’s 2016 results announcement…
Previously writing on another ludicrous results statement from Nature Group (NGR), I noted ‘we’ll see on the loss-making Gibraltar entity (“held for sale” net assets on the balance sheet £0.79 million)’. Today there is a “Sale of Gibraltar Operations” announcement, though which also includes a trading update…
Following an absolutely ludicrous results statement previously, Nature Group (NGR) is “pleased to announce the unaudited interim results for the six months to 30 June 2016”. The shares are currently approaching 8% lower, at 4.375p, in response. Is the company at it again? …
Shares in provider of port reception facilities and waste treatment solutions for the oil, marine and process industries, Nature Group (NGR) are down approaching 24%, at 5.625p, on the back of a “Final Results” announcement. Recently-appointed Chairman Berend van Straten is though “pleased to announce the 2015 results”. Hmmm…
Provider of port reception services and facilities and waste treatment services, Nature Group (NGR) has announced a “Trading Statement” including early “owing to challenging and industry wide trading conditions and adjustments relating to certain receivables from prior periods…” Uh oh! …
Taking a look at today’s “Trading Statement” from Nature Group (NGR)… “Contract win”, oh good, “conclusion of the case brought in the Gibraltar Magistrates Court by the Factories Inspectorate against the company's subsidiary… a fine of £120,000… Expects to be fully operational again during Q3 2015”, OK, “the company has seen only a marginal improvement in trading across all divisions and its financial performance has been further, adversely impacted by delays to certain expected revenues during the period”, Uh Oh…









