NEN 0.00% 22.0¢ neon capital ltd

2 wells experience significant cost over-runs, page-55

  1. 2,408 Posts.
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    Sharls you can cherry pick comments as much as you like but my view on Neon is simply this.

    Neons future rests on the Vietnam wash up. If it can't meet those debts Neons days are over. If it can, its future will depend on what assets are left and the financial ability it has to further develop them. This may also come to nothing.

    Right now no one knows. All anyone can do is give their view as to which way that might go. Clearly the bulk of posters left here don't believe they will pull through.

    That in itself is a curiosity as to why people continue to post when presumably they have sold or are selling out given their negative outlook.

    Personally I don't find the hate game (be it posters or the company) productive. Why waste time on blaming every one but yourself when that time is better spent learning your particular lessons and getting on with making money elsewhere.

    Hate makes you a repeat victim over and over as you keep going back to an emotional situation that has obviously hurt you. Thats a waste of time, emotion and a huge opportunity cost.

    I wish you well in your other endeavours though its hard to imagine you will take that in the spirit it is meant.

    Because the quarterly report today has not removed the uncertainty surrounding Neon its a short term sell as far as I am concerned. But I will have the radar on Neon for resolution of the Vietnam costs whenever that may happen. It may be a good reversal stock, or not.


 
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Currently unlisted public company.

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