NBS 0.00% 9.9¢ nationwide building society.

re: Ann: Removal from Official List - (COB 10... I sold out when...

  1. TBE
    3,734 Posts.
    re: Ann: Removal from Official List - (COB 10... I sold out when they mysteriously claimed to have generated about 40-50m in revenue from China to make up the shortfall from their Malaysian contract. As it turned out, the cash never materialised.

    The malaysian contracts never delivered.

    Since then, I've not had any reason to believe this was a real business. Just lots of shuffling of "assets" for seemingly inflated/unjustified prices which were then paid out to often newly created entities of murky background and with the appearance of being too closely associated to the company.

    It was a joke to begin with and it proved to be so as time went on.


    I maintained this was a dog and it has proven to be so.
 
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