NOR 8.33% 3.9¢ norwood systems limited

Ann: Launch of World Phone 2.0 and Corona Cloud 1.0-NOR.AX, page-116

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  1. 13,794 Posts.
    lightbulb Created with Sketch. 335
    Holla,
    The best things about NOR lately in my opinion are:
    1) They have stopped spruiking the SP like it was a Sydney Auction.
    2) They have stopped making BS announcements...see point 1.
    3) They have refocussed (again) this time on value adding rather than getting a slice of a shrinking pie through cost cutting.
    4) They didn't release the quarterly at 6.45 on a Friday afternoon for a change.
    5) The latest announcement had no BOLD RED.... they waited until after they had done something before announcing it, rather than the other way around for a change.

    Doesn't mean all is forgiven.... the BS was unforgiveable because it was characterised by a distinct lack of honesty.

    Doesn't mean I think they will suddenly become the best thing since sliced bread either.

    But it could mean that they are starting to behave like a normal, honest business... that isn't tying to convince punters that buying NOR is like backing a nag at Flemington at 500 to 1.. and winning.

    Mondays Quarterly might be the beginning of that....

    The evolution into a stable growing business that doesn't just munch money.

    And no doubt any half way decent ann will be jumped on and pumped on....

    Because its NOR.
 
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