NOR 2.08% 4.7¢ norwood systems limited

Ann: Appendix 4E and Annual Report to shareholders, page-5

  1. 3,166 Posts.
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    .....

    Like usual, we see the thread dominated by those with the negative posts, immediately after a 100+ page report drops...
    Maybe people who are actually interested in the company progress (not just vendetta-like rubbishing them on forums) would appreciate things appear to be looking better and better as we progress towards significant deals and partnerships with massive global names.

    For those who continue posting that "all the other apps are dead", "Affinion is dead" etc..
    Affinion:
    "Norwood is awaiting a response near term from Affinion to progress with further commercial engagement on using WorldSecure as a loyalty benefit in the European financial services sector."

    "Awaiting response"
    I doubt that would be published if things weren't expected to progress with further commercial engagement.

    World phone and world message:
    "During the period the Company released an AI‐driven mobile analytics features in the new versions of World Phone, itsaward‐winning telephony App, and World Message, its high‐performance SMS and instant messaging App. World Phone 3.5 represents a major advance on the previous World Phone 3.0, now supporting machine learning enabledtranscription of audio records via Corona Cloud and storing those transcriptions and associated analytics in third‐party CRMplatforms. In particular, Norwood is working with a number of partners to deliver mobile conversation sentiment analysisand related metrics based on these transcriptions."

    "Norwood sees strong commercial potential for near‐real‐time mobile sentiment analysis in the large corporate sector, aslarge companies embark on digital transformation strategies that in turn rely on sophisticated analytics looking into allcorporate information flows."

    ... Just because Norwood are currently primarily prioritising VM due to the huge potential $$ compared to their other offerings, definintely doesn't mean they are "dead", as sell/not held's regularly assure us.

    "Norwood has engaged with several existing large prospects during the past six months and is awaiting in one instance forthe completion of a certain large financial institution’s MDM rollout as a precursor to progressing further with that specificclient."

    .... This, of course is the long expected Big 4 Bank.. which some have also been falsely telling the forum "is dead".
    All my opinion, but I still believe is Westpac.
    We will see, eventually.. hopefully not too far away - It's been "progressing" for years!

    Another paragraph that I think suggest things are about to pick up in a big way, with those expected bigger contracts - like the PO condition ($1.5m+/$1m upfront)

    "This consideration includes the possibility of other material revenue generating contractsadditional to the Spark NZ contract."


    Now.. let's see what happens with Oracle, metaswitch and telcos...
    I'm confident Oracle could be as soon as this coming week!
    It will be interesting to see if any buying, and how soon 4 goes (then some (in my opinion) very obvious/suss orders pulled from 5)).

    Things can and will move extremely quickly from sub 1c when Oracle deal/partnership lands.
    I have no doubt Paul will get his NOROA soon.. can't wait to see my 12m multiplying and exercising in the coming year, and making the torturous wait worthwhile
    Last edited by Holla: 31/08/19
 
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