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Northamber – significant further value potential...

By HotStockRockets | Friday 26 November 2021

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

Describing itself as a “value-add AV & IT distributor” to resellers, Northamber plc (NAR) has announced results for its year ended 30th June 2021 showing a post-tax profit of £0.337 million and a proposed dividend per share of 0.4p. However, the shares are up to 62p, a £16.9 million market cap…but there looks significant further value potential.

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