Ann: NTC Upgrades Earnings Guidance and Appoints New Global Bank, page-6

Netcomm goes back to the 1980’s when it produced early versions of reliable and indestructible dial-up modems. As the internet grew at a rapid pace Netcomm stayed a step ahead of the changes. It is now still a step ahead with reliable and indestructible hardware for the M2M space of the “Internet of Things” while maintaining a strong hold on the wireless and broadband space.

Your suspicion that Netcomm is “ramping its own stock” does not reconcile with the quiet announcements of (i) Singtel recommending Netcomm to its huge customer base, and (ii) electronics giant Hitachi Ltd. inviting Netcomm to be its partner in the development of “smart solutions that facilitate the efficient use of energy resources worldwide”.

Congratulations on taking a 50% profit. For me, as a trend-follower, this is just the beginning.