NTC netcomm wireless limited

Ann: NTC AGM 2018 Presentation & C'man / CEO Address, page-28

  1. 5,477 Posts.
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    hhhhmmm... it does look like some market manipulation has been going on since the AGM, including some stacking to the sell side which looks a little bit like algorithmic or AI neural trading interference.

    It's interesting because I also note that two smaller investment newsletters also recently recommended NTC to their clients, as an undervalued opportunity for the medium term.

    I wonder if anyone is also shorting the stock. The biggest shorting day recently was 31st Oct, with over 23% of stock traded on that day being attributed to shorts. I don't have data for this week yet, but I would be interested in today's data.

    I plunged in and bought a few more at 66 cents today. I know I should have waited for the 10 day EMA to cross back above the 35 day, but I couldn't help myself. I am not a disciplined investor, much to my detriment.

    And a final question for someone please.
    Does anyone know where NTC gets it's hardware products manufactured?
    I couldn't find any reference to manufacturing location in the annual report.
    Does it have a factory in China, or an agreement with a Chinese manufacturer in China?
    I hope not.
    But if so, then I can understand the fall in share price, given the bans on Huawei.

    Gw
    Last edited by Gwaihir: 07/12/18
 
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