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NSL - what happens next?, page-95

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Vrall1

456 Posts.

24

29/10/17

14:49

Post #: 28290273
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Originally posted by ohreally ↑

Well said Oxxa.

I'm not about to make excuses, just calling it how I see it, and that is management can't really do a thing about 33% more rain, it is what it is, but that should all change now baring in mind monsoon season for north India usually ends around the start of October but drags on a couple more weeks for the south(us), but looking at the current Kurnool weekly weather forecast all is good now, so onwards and upwards from here on I dare say. I'm sure some won't be impressed if we miss nameplate capacity by end of October and may even dump, but I think we'll see them buying back in by the end of November when nameplate should be hit.

This is obviously just my opinion, but those contemplating dumping(even if just a few shares hoping to get them back cheaper) if nameplate isn't hit by the end of October really need to have a long hard think about the following, I know I have:
1/has production increased in October even with 33% more rain than average? if so then management are clearly getting right on top of things, and with the monsoon season behind us what is the likelihood of nameplate being hit in November?
2/Is it really worth jumping out(and potentially missing CGT discount for some of the more MT-LT'ers) and having to buy back in higher if expansion news also hits prior to the end of November(I really like the chances of this one, with what I can only assume First Sam pounding very hard on managements door to make this happen asap and with nameplate in check or close to then this is surely the no.1 priority after that or even along side that).

Just my ramblings, but as long as capacity has increased this month under what has obviously been very difficult conditions weather wise(as Oxxa has pointed out) then I'm more than happy to see this through, especially with the monsoon season behind us and expansion imminent, each to their own but I still see this bagging before years end(once nameplate and expansion announced), and once it does it should be onwards and upwards from there considering the large growth that will be in sight.

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I can assure you that the monsoons in North India said BYE in September. October saw some very unusual rains in South of India due to climate change etc. Caught a lot of people off guard even in cities like Bangalore, Hyderabad, Chennai etc.

India is now well well & truly in the pre-winter mode (expecting a colder winter), as Australia is heading for an exceptionally Hot Summer (from what I have read/watched), possibly drought conditions.

In India, the Central Government is ironing out a lot of stuff with the GST, as expected and may take 12-24 months to really get it working smoothly. Stock Markets are doing exceptionally well.

As for our NSL, the rains should not be troubling them till next year and the climate cooling to more conducive working conditions. So all things being Good, we should ALL have a Great Christmas this year.

After all, we have less than TWO months to g before Santa or Cedric Arrive
Let's see who crosses the finish line with their bag of Goodies First!

Last edited by Vrall1: 29/10/17

NSL Price at posting: 2.3¢ Sentiment: Hold Disclosure: Held
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