Retail investors and fund managers are not that gullible. Any company projections/promises of revenue in the end has to be backed up by the free cashflow actually making it to the company bank account. If the free cashflow is not coming through the door at any company on a regular basis investors won't hold it for long or invest in NBS at all.
NBS has to demonstrate at the AGM that the cashflow will come in on a "regular basis" as per the signed contract with customers. To continue to suggest that the "cheque is in the mail" for the invoice sent out earlier this year is not going to do it for most retail investors or fund managers (maybe only for day traders or short sellers).
NBS has 17 days to demonstrate that both the Chinese & Malaysian contracts are back on track. A one off payment of $10mio has arrived will help the share price for the very short term but not for investors such as me who have a time horizon of longer than a couple of days who want to invest in a company business with actual revenue growth.
By the way did NBS ever tender for the Vietnamese business. How did that one go? Its been pretty quiet on the tender front.
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