NOD
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0.00% 0.0¢ nomad building solutions limited

I think the results are good - no question about that. However I...

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  1. CaptainBarnacles
    7,719 Posts.
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    04/09/12
    10:52
    Post #: 10666829
    I think the results are good - no question about that. However I think that $3m of their profits were from a windfall - the sale of rental assets. You should deduct that from your expectations of where NOD is at re maintainable earnings.

    I also imagine it might have been tempting to throw some other expenses into the now closed division. A bit of healthy scepticism is in order IMO.

    Good luck to all holders.

    NOD Price at posting: 9.9¢ Sentiment: Hold Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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