NBS 0.00% 9.9¢ nationwide building society.

afr article today (page 48), page-2

  1. TBE
    3,734 Posts.
    300m per year from three new projects sounds great, but I reckon that's a misunderstanding.

    NBS announced that the 22 projects in the pipeline would generate 1.5-1.8billion over 5 years (roughly 340m p.a.) UNless they have only quantified the pending projects in that amount, it would seem an overstatement.

    Of course you take a look at their two current contracts and perhaps it wasn't. I'll go with the announcement for now.

    Pending announcement sounds good. I wonder which one it is. Perhaps they are working on the tender that closes tomorrow for the Vietnam deal?

 
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