NBS
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0.00% 9.9¢ nationwide building society.

this may be a dumb question, but they are often good ones to ask...

  1. mjp2
    7,772 Posts.
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    05/02/10
    11:05
    Post #: 6292156
    this may be a dumb question, but they are often good ones to ask lol

    how the heck can they have a 6m cash improvement to 31dec09, announce 11.7m in writedowns (6.6 +0.6+4.5) and then forecast a net loss after tax of 15-16m for the half???

    +6-11.7 = -5.7m

    so where's the other 10m in losses coming from for the half?
    NBS Price at posting: 17.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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