NBS 0.00% 9.9¢ nationwide building society.

more bad publicity, page-19

  1. 115 Posts.
    Good posts generally discussing this stock.
    It is why I am reading this forum.

    I nearly bought this stock but as I researched I found out that the directors said they were "not in the habit of making announcements about income but made an exception" when they received that last lot of well overdue money (10m i think) from malaysian govt.

    Also they made excuses for why the govt wasn't paying.. THESE WERE WARNING SIGNALS and is why tech analysis alone just wont cut the mustard alone. The more research i did on this lot ( 2 weeks worth) the more red flags I found. Not to mention there are other competitors out there that aren't as dodgy.

    Timely warning - READ ASX announcements B4 you enter a stock.
 
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