NBS 0.00% 9.9¢ nationwide building society.

due diligence, page-7

  1. 1,251 Posts.
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    I'm yet to see anyone justify why NBS as a company may be worth $10 million, let alone the current $75 million capitalisation.

    Given they've never turned a profit, never meet expectations, and have some VERY dodgy looking transactions (in my opinion), and also have a massive cash burn (directors salaries), I see no reason at all to be optimistic about this company. Also, the NBS thread is overrun with obvious company stooges who barely even try to hide the fact. Quite laughable really. Newbies, don't get taken in!!
 
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