NTC netcomm wireless limited

ozbecoolYou have the right to complain but don't discourage...

  1. 615 Posts.
    ozbecool

    You have the right to complain but don't discourage investors with your unfortunate experience. Your post is defamatory and unsubstantiated. NTC has a retained earnings of $6.5M at 30-Jun-10.

    http://media.netcomm.com.au/public/assets/pdf_file/0010/55765/Annual-Report-2010.pdf

    This is not a sign of a "fund sucking machine". Furthermore NTC has paid out dividends during the company's history

    http://www.sharedividends.com.au/ntc

    Your argument is shot down right there. Granted, NTC hasn't set the world on fire and could have done much better, but it could have done much worse (look at some its competitors). For many stocks, there are winners and losers, you happen to be the loser (on NTC) and I am a winner (luckily).

    I will refrain from discussing the future because nobody really knows but I am happy to be a long-term investor and will continue to accumulate on the dips.

    If you want to discuss something more factual, I will be happy to hear from you.
 
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