NBS 0.00% 9.9¢ nationwide building society.

Everyone is running out of patience but still.. may I offer the...

  1. 39 Posts.
    Everyone is running out of patience but still.. may I offer the members somewhat speculative (after all one has to be a speculator to be here :) ) alternative view.
    Something does go on..?! otherwise the SP would have plummeted to 2-3C or worse.
    Since I am also up to my XX in this I can try and think of the few reasons that still support the SP

    (1) The last investment group that invested in this company must have got a much clearer picture on how that money will be spent because the situation was not far different from what it is now. When one is asked to basically rescue a company he will ask for a BP and indication to give him as good as possible support to go into this risky business.
    (2) Assuming there is no blunt lie in all recent activities such as recruitment in Malaysia, certification in China it can mean that after a long time the company managed to bring their product to a reasonable deployment level and unlike before it is a different more promising situation?!
    (3) If this company is all crooks then why would they spend all the money they scooped recently on operations.. why not keep the fun going with share holders money.
    (4) unlike before there is a bigger hype in the Malay media and GOV announcements about the commencement of the project on 1/6 so if this is not about NBS all goes to hell and if yes the nature of the revenue to NBS will dictate the upside to the SP and I guess there is more than zero probability for this to happen and why there are still few "speculators"

    Time will tell and I think not too far away
 
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