The Strategy for Survival Nido Mangagement needs to apply now.
Heres a reminder of my pervious post:-
My Strategy for the difficult times ahead for Nido.
Step 1. Management to get the Galoc Oil Field producing Oil by end of October 08. Revenue is king in this environment
Step 2. Cut back on wasteful spending.Nido to tighten the belt, and take the most positive step to buy back their stock. During this period of uncertain times, Nido has a great opportunity to buy back stock at 50 to 60% under fair value.
This step puts a floor under the share price and at the same time ,Management are showing true belief to the market that they are 100% behind their own company and strategy.
Step 3. Drill Gindara ASAP. Stop wasting time with lots of bellony, lots of market dribble, and lots of untruths.
Action stations, get on with it! Forget the crap, pick up the jack hammer and get on with it! Fiqure of speach!! ha ha
Step 4. Do the first 3 steps , or suffer the dire consequence of being gobbled up at next to nothing! In a market of down in dire straights, the strong buy out the weak, for next to nothing.
Enjoy the Ride.
NEXT TO NOTHING ---GONE GONE GONE!
Ring Management and ask them for their action plan?
Can you hear it!
At this rate i will buy em out! Cheap as Chips.
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