newsat’s strong growth , page-6

Credit to John Walker. Methinks the chairman is displaying a firm hand and keeping AB on a short leash. JW gave me the impression at AGM that he'll control/limit the puff and only announce when results are becoming tangible. AB is good at the vision stuff but needs the balance of wisdom. Newsat's largest problem is the stigma of unfulfilled puff. They do have good products (with plenty of recurring revenue), good infrastructure and good opportunity. With careful management - and an eye for the looooong-suffering shareholder -these three must result in profit at last.