I should say that the chart in my previous post on this thread, showing revenue growth over the past years, is why the board and chairman should stay right where they are, and more importantly, keep doing what they are doing.
If the chart was going in the other direction, then fine, change the board, but revenue has been consistently heading up year after year. And the company has no debt.
This is the sort of performance I want to keep seeing. Obviously, the market seems to disagree with me, which might show how good an analyst I would be. Never follow my buy/sell/hold recommendations.
However, with regard to NTC, I believe both the chairman and board are doing a reasonable job.
As for the chairman's (purported) attitude at the last AGM, I cannot speak, because I wasn't there.
However, the business leaders and heads of companies who I have come across, mostly tend to be somewhat arrogant and overly self assured. They haven't been the people who's company I've greatly enjoyed, however - they have by far made me the MOST MONEY!
So quite frankly, I don't care about the board's demeanour. All I care about is if the revenue and profit are going up. It would be nice if the share price went up as well, but like us poor retail shareholders, in the end, the board cannot force the market to do anything.
As we know, the whole market is now a lottery and a scam, run by a billion algorithms and a couple of big companies, including the precious metals market. Do you know that Goldman Sachs in NY now employs more computer programmers to write stock market algorithms than it does actual stock-brokers and stock-analysts?
I congratulate the board, and the chairman (who knows this business well), for raising revenues and profits over the years, which for me, is the bottom line. I don't give a damn if they are arrogant or rude, as long as they go and get those 4 trials with overseas companies signed up.
Gw
NTC Price at posting:
73.0¢ Sentiment: Buy Disclosure: Held
