lodge retains buy recommendation, page-6

Forget about crippling the software, all the need to do is stop issuing the nexcode ID cards. It is highly unlikely the Chinese will not pay and the Malaysian government have publicly given great support for nexbis, with a minister praising its potential to be used in multiple departments.

Also consider its tax-free status in Malaysia.

It just seems highly unlikely that either creditor would default on payment.

The technology also has credibility as both Malaysian and CHinese govt departments would have done significant due diligence with their IT departments to investigate all sorts of issues, including compatibility, ease of roll out, reliability etc not to mention the APICTA award.


Perhaps I am missing something, but I just don't see what all the fuss is about. NBS is young and it should have to prove itself, but I can't see anything to merit the scepticism.

Time will tell.

Thanks for the informative posts Ousia.

By the way, could someone cover the main points of the AFR article please?