Hello Share Squeezers. Having recently moved house with the aid of a hired furniture van, I can attest that there is a lot of competition out there. However, there is a large hirer of light commercial vehicles which seems a rather interesting play to me. It’s called Northgate (NTG) and it buys lorries, vans and cars which it rents to businesses and private drivers. Eventually it sells these vehicles.
Northgate (NTG) shares have been a good buy for value. Now they mainly have only price momentum to justify further buying after their eighty per cent rise in price over twelve months. But that looks to me, as though it has gone as high as it should reasonably get at this stage, allowing for a significant healthy correction.









