NOR

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3.8¢ norwood systems limited

Ann: AGM Investor Presentation, page-50

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Rokc69

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29/11/17

11:57

Post #: 29210729
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Originally posted by MDInvestor ↑

You really think these type of deals are handled by the CEOs? It's not even at the CIO/CTO level - Norwood would be very lucky to get time with them.

Definitely agree that "Case Studies" are marketing fluff - if they've switched from using the word "pipeline" I don't think it's a good sign. Large companies don't sign deals with small vendors with no significant reference sites. Who would pay to transition all their staff's telephony services to a small vendor with a very limited runway of money in the bank -- it would cost a lot of money to quickly exit if the vendor went under, and that's not a risk that large companies want to carry.

I've never held NOR - I just amusingly observe from the side because I'm amazed at the amount of exposure some people here have in a speculative tech stock.

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1st post here, but glad to see someone else picked this up as well.

This was, IMO, the weakest NOR presso they have released for some time, in regards to sales that is, the rest was great and on point, new tech looks good, still a solid offering it seems.

The flip side is that maybe they want to start moving away from language that is suggesting imminent deals. I think it may be steering the market in the wrong direction personally. Thoughts?

NOR Price at posting: 2.4¢ Sentiment: None Disclosure: Not Held
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