NTC netcomm wireless limited

In financial terms it will translate to nothing - as all did in...

  1. 712 Posts.
    lightbulb Created with Sketch. 15
    In financial terms it will translate to nothing - as all did in the last 20 years of NTC history. In 1991 I made a huge mistake of buying into this company's stock. And I did not get even 1/6 th of my originasl investment back. After 20 years of MISSED promise after promise! Make no mistake - this company is not and will never be set to deliver to the shareholders. It is a funds sucking machine to deliver to the management and ever raining MD. Please note recent writedowns as well. My advice - ditch it while you safely can and look elsewhere. Its price might go up now (or it might not) on the recent LTE news. Just look at financial history of this company. Absouletly dreadful. I've learned a COSTLY lesson and I am openly writing to you guys so that you don't loose your hard earned money as I did. But of course some might believe that LTE is 'the thing' abd it will make a lot of money to NTC and shareholders. But it NEVER did in the last 20 years and this is quite a testimony - isn't it ?
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.