NWT 0.00% 11.5¢ newsat limited

newsat on abc inside business show, page-28

  1. 34,916 Posts.
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    ajltrading,

    thanks for your positive comments. Before others jump down my throat, this is only my opinion. I think the only event that could give NWT a real push towards 1c in the near future (and I mean by the end of financial year) is any REAL positive bonafide business plan on this Jabiru idea). And I don't mean a list of this is what we are going to achieve to do it. This means an announcement which includes where the money is coming from, which investors has committed and signed to the deal, what the benefit is in terms of the Jabiru spin off to current NWT holders, what sort of revenues and profits are expected (with and without NBN contracts). These all need to be very positive. I think there could be some speculative interest leading up to any announcement of business plan. The bottom line though is it is a 2.5-3 year plan. Any interest will only be speculative in the short-term.

    With their own business plan, building their client base for satellite services, only proof of quick growth will do anything for the shareprice. As they announce half yearly (we've been told it's now quarterly by a poster?) then its going to take time for investors to warm up to that growth. As you have seen all this talk about large contracts taking the shareprice to new levels just hasn't happened. Last Christmas someone of note was predicting an imminent new era yet the shareprice languishes at .4c. Why? Because these large contracts have not yet shown to equate to a hihgly profitable organisation.

    We have to remember, we have 8bill shares on issue and many stale holders. It is going to take new investors with decent wads of cash to push the shareprice through these levels.

    Anyway that's my take, others will disagree. Only time (as time has in the past) will tell.



 
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