NOR 8.33% 3.9¢ norwood systems limited

Thanks for the reply Fresh. Good to get one that's not a...

  1. 315 Posts.
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    Thanks for the reply Fresh.

    Good to get one that's not a personal attack /something with no substance.
    I am always looking for a good investment, aren't we all? Norwood as a company looks quite good- management, innovation, rising share price, capital injections, rising downloads etc.

    I do however see some problems-
    1) I cant see any actual 'new' technology in what they are doing. I understand that you do/may and the company says there is. I may be wrong.
    2) The end user reviews thus far are terrible. This is going to be a problem. You can download apps till the cows come home but if the users dont like, they dont pay.
    3) Better audio quality ? WTF are they talking about. I use VOIP all the time and I can say there is no problem with quality in current products
    4) Even if they do have a new technology, it will only be as good as the wifi connection you are connected to. This will be the rate limiter in their product not the underlying coding, cloud tech and software.

    I will continue to watch NOR with interest but just for the benefit of all Im pointing out my thoughts.
    I hope for your sake I'm wrong and you do very well.

    Cheers
    PS cocoman the number one rule of investment- avoid emotional attachments.
 
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