BLV 0.00% 1.6¢ blossomvale holdings ltd

time to say goodbye, page-5

  1. 3,628 Posts.
    Then before you go I suggest you go back and take a look at makeithot's historical posts. May give you an insight into how accurate the posts are.

    As for Neptune, their disclosure to the market over the last 12 months has been nothing short of terrible, which has been highlighted not just on here, but by brokers as well, so just because they haven't told us anything, does that mean everything is rosy? I have little doubt they are simply telling us what they have to.

    Remember, when they released their full year results for 2008-2009, when they made about $22m, then did everything but say they were immune to the global downturn. That tune certainly changed in the space of a few months (check the transcript of the AGM presentation for last year).

    The strength of the dollar would also be killing them at the moment, and that shows no signs of improving in the immediate future.

    I'm not trying to bag the company or downramp, but the facts speak for themselves. The future of this company is by no means certain, no matter how many pairs of rose coloured glasses you are looking through.
 
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Currently unlisted public company.

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