Agree, the proof of the pudding is in the eating, and at the moment its leaving a real sour taste in my mouth.
When the previous directors got the shove, i was only about $400 behind. Now I’m in so deep, I can only wait it out. Thats another way of saying, yep, I’m long as well. Its OK to say that the analysts have integrity and are usually good and are well qualified, but their success is measured by the share price and its not holding NSC in high esteem. Maybe the “emerging companies” they have taken a position in are too small and are still in hibernation. If you compare NAOS with the Wilson Asset Management team, clearly NAOS have it wrong, and its the shareholders are suffering.
Ann: Investment Report & NTA Update - April 2018, page-37
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