NOR 0.00% 3.0¢ norwood systems limited

NOR Predictions, page-153

  1. 929 Posts.
    lightbulb Created with Sketch. 36
    Few reasons to comment:

    Company reviews are a bit of sport. Good to continually learn to analyse. I'm pretty sure over the past two years of dipping in and out of NOR I have been mostly correct in my analysis.

    Also, I'm against commercial hucksters and NOR drew my attention with its 'Double Million' announcement back in November 2015. It is a prime example of exaggeration and spin that has characterised the company's announcements before and since.

    I've pointed out many times before my 'favourite' example is the Cumulative Revenue chart. Even when revenue was declining fast the chart went up and up! It shows the lack of integrity in its company reporting and is a red flag for anyone investing.

    GLTA (but luck is not an adequate strategy generally)
 
watchlist Created with Sketch. Add NOR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.