I think NBS was a healthy way to get new shareholders in...

  1. 188 Posts.
    I think NBS was a healthy way to get new shareholders in there.
    This is definately a medium to long term buy and accumulate IMO


    I was going to buy in at 55.5 pre open and pulled my orders (fortunately). The buy stack was so thin and the stop losses slam dunked the share price. Support at 40 came swiftly and now I anticipate it will consolidate above 45 - time will tell. I would love to see a run back to the 50's of course!


    Kevi - another great stock introduced by you - thanks
    I only ready about it in your market wrap-up piece yesterday so had lots to read overnight to catch up.


    No debt, high margin business which is still in "trial contract" stages versus global reach to come. Seem to have the right political players too to gain the reach required for large contracts which is all recurring revenue over a long term horizon - say, 5yrs per contract. Each year will build on the prior and this will get stronger.


    Their product offering looks unbelievable - I was up until 4am reading up on these guys - well worth the read with all the info I wanted to catch up on pre results announcement!




 
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