NOD nomad building solutions limited

all but forgotten

  1. 14,880 Posts.
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    Stocks like Nomad are just completely friendless, despite little debt and growth in revenue and earnings. The market has trashed small and mid caps despite sound fundamentals. I look at NOD at 55c and think what a bargain but with sellers having to exit and buyers not interested, there is only one way the stock price can go. Perhaps it will be years before people will start buying small/mid cap companies again? A lot of capital has been blown up/decimated in 2008, especially since Sept.
    Confidence is gone, and whilst this is normally the time to buy, maybe this time is different? Maybe this time, it will take many, many years for money to flow back into equities like NOD?
 
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