great earnings indeed : 23 AUG 2011 NTC report for FY 2010-11:...

great earnings indeed : 23 AUG 2011 NTC report for FY 2010-11: net loss of $1.2m. This is just loss again and again; now and then they might have reported some profit but as a historical rule : losses. As for dividends - yield is laughable.

RE:L If you want to discuss something more factual : look at share price and company earnings 20 yr history. As for me there were enough facts to dump this stock. My mistake was that I held for TOO LONG hoping that eventually they will perform and EARN some money.

I posted mostly to warn people against constant "we will deliver in the future". They also tried various JVs - eg. Ausrora - total failure again.

You want to hold - all the best but I now learned to be RISK AVERSE if the past facts and performance and a carrot on the stick prove that the risk of loosing money is high.