NBS 0.00% 9.9¢ nationwide building society.

long haul, page-3

  1. 1,497 Posts.
    What is it about NBS that attracts so many to make their first HC post on it?

    I really find it difficult to see how anyone could justify purchasing this stock.

    Okay, so take a speculative punt on a $700m contract being signed (or, even more speculatively, actually being realised in cash payments). Even then, over 15 years, a $US700m contract alone is probably barely enough to justify the current NBS market cap of $57m+ at any half-reasonable discount rate. Yawn.

    And I am totally puzzled as to why anyone taking a speculative punt would also be "in for the long haul" - something that implies a long term value investment.
 
watchlist Created with Sketch. Add NBS (ASX) to my watchlist
(20min delay)
Last
9.9¢
Change
0.000(0.00%)
Mkt cap ! n/a
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.