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Petition: It's time for a new Chairman, page-28

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Kenbyw

65 Posts.

13

06/09/18

07:18

Post #: 35438337
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Originally posted by prhb ↑

Anyone who buys a small company on a very high P/E ratio should allow for the possibility that the market will re-rate them towards the sector performance if results are not extraordinary each and every results season.

I have watched NTC travel from a price lower than present, to $3, and back again.
I thought the risks involved in buying at $1.50 and above were too great for my stomach to digest.

On the other hand, the current share price (at a P/E of about 14) represents very good value for a small tech company that is doing the right thing, at least as far as I can judge it. So I purchased a few.

I think the current complaints about management are not the result of bad management, but the indigestion felt by those whose original investment strategy was more exuberant than rational.

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Prhb Could you back up your assertion that the current management is good. What evidence do you have to support this? Good luck with your troublesome digestion. As an owner of NTC shares you might continue to experience this stomach upset.

NTC Price at posting: 76.5¢ Sentiment: Hold Disclosure: Held
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