NNW 1.43% 7.1¢ 99 wuxian limited

Ann: Becoming a substantial holder, page-9

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  1. 37 Posts.
    Hi Gw
    Thanks for sharing your thought / views. Owning these shares can sometimes feel like death by a thousand needles! Hopefully the recent nnw takeover will lead to some ideas on how they can increase their margins across the entire registered users. I understand there is some work being undertaken to validate the registered user base which should increase credibility. The false promises of an overseas float have certainly dented confidence in the stock, and management really need to focus on delivering a revised structure that can be understood and 'bought into'. Where it will all end up - who knows; I refuse to believe the lack of communication on some of the important issues is an indication nothing is happening, and therefore hold out that many investors who trusted in the IPO, forecasts, overseas listing, unusual structure will see brighter days. Really is no point I feel in getting out at what appears to be a ridiculously low price for this company.
 
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