Everybody must be disapointed with the current SP...no doubt about that...even the option holders.
Although a lot of the price movement is attributed to the downturn in the markets, NMS has been hit more the most.
Lange's radio broadcast to me was relatively upbeat, but why could't he mention which companies we were doing these works for, i mean what's the big secret.
The backlog in NEPSYS work is also a concern.
Does it mean that we havn't enough welders or manpower to get everything done?
That to me is a restraint for us and shows just how small NMS still is regards to capability.
Aquiring larger contracts i think will mean more aquisitions, as you can only do so much with what one has.
So in summary after Sea struct gets bedded down i can see Lange looking out for many more aquisitions to build the business.
NMS has a foot in the door in 3 continents so i'm thinking they are stretched at the moment with their resources worldwide.
Margins will be under the microscope in the second half more so than revenue.
I thought we were on a get rich quick when i bought in 12 months ago but the reality is that this company is going to take much longer now to realise it's potential.
PS ... doesn't it bug anyone that these directors have so few shares.....does me.
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