BLV 0.00% 1.6¢ blossomvale holdings ltd

strong buy, page-13

  1. 13,293 Posts.
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    Sob, although i agree with young bill here in NMS being a good company one day and reflecting this eventually in the SP, what you say in your post worries me a little.
    I have been in NMS for over a year now and its aproaching my buy in price again.
    When i bought in then i was prepared to wait a few years for a good return on my investment, and still will.
    I know some of you guys have been in longer and bought in quite cheap, and good luck to you all.
    When you say "many of us just keep accumulating" no matter what the price it seems, makes me wonder if some of you have the "i'm in love with this stock syndrome"
    This tends to make me think that whatever gets said on this thread has a rose coloured glass tinge to it, which is not good reading.
    Why anyone would keep buying from its high of about $1.45 all the way down to where it is now, especially when one entered at such low levels means to me that some of us have lost the plot.
    The fact for me is, when i lose $100,000 capital gain in a few months i tend to be slightly p.issed as to what's actually going on in this company.
    Ok the demise of the markets are a factor, but NMS is nearly down 60% off its highs.
    More transparency is needed by Lange i think on the customers and work we have aquired.
    I don't believe there needs to be secrecy about what work we are doing and i'm sure other companies doing similar type of work advertise more when they get some.
    "Locked and loaded with BP" i think that needs to be explained or maybe it should be detracted.
    No one should be happy with this situation, good companies in bad times tend to attract some SP support, this company has been slaughtered.
    Now it seems the new aquisition will be aquiring twice as many shares for the sale, that sucks, more dilution, which means our company is being devalued by this sale.
    Buying companies with a mixture of shares and cash is ok until a share slump occurs, so on that note Lange has stuffed up with this aquisition.
    We need more transparency, more updates like a monthly activities report, other companies do.
 
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