NGS 0.00% 0.4¢ nutritional growth solutions ltd

I would be deeply concerned about the trajectory of NGS. Over...

  1. 2 Posts.
    I would be deeply concerned about the trajectory of NGS. Over the past five years, it's evident that the company's performance has been lackluster, with a continuous decline in value quarter after quarter. Despite claims of expanding into retail spaces in the U.S., their efforts seem futile, leading me to question the viability of their product-market fit.What perplexes me even more is the apparent lack of strategy. What happened to their once-promising ecommerce channels? It's disheartening to see their value diminish while their branding and advertising efforts appear to be in disarray. The quality of their work is subpar, and their presence on social media and ads is downright appalling. I did my DD on all channels and I’ve pulled out.

    Case in point: you call this an ad? How is this graphic supposed to entice customers aside from being an assault to the eyes? Was this created in MS Paint?

    https://hotcopper.com.au/data/attachments/6063/6063315-dbe6d69b996cd94bffaf1be4ca8d302d.jpg

    Moreover, customer sentiment reflected in reviews paints a grim picture, likening the product to nothing more than Disallowed. And to add insult to injury, the recent appointment of a new CEO, with a hefty salary of $287,500, leaves me wondering about the direction of the company.In times like these, it feels like throwing my wallet into a casino would yield better results. Definitely a dump for me.
 
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