NTC netcomm wireless limited

anyone follow?, page-3

  1. 1,115 Posts.
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    re: cheap cheap cheap??? anyone follow?
    KL,

    Are u sure NTC are yielding 7%. They were hammered recently (from 0.32c to 0.16c presently) for making a forecast and subsequently not achieving it (I think for 2H04). Outlook for the following half was also poor from memory.

    From that point on, the stock has never recovered and I think they have recently made mgmt changes.

    They have good products, however mgmt and IT conditions govern this stock.

    As you pointed out - liquidity has really fallen off considering close to their peak, 200-300K shares were changing hands every trading day.

    One to watch if NTC can take advantage of present market conditions and turn a profit.

    Cheers Freakme

 
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