NBS 0.00% 9.9¢ nationwide building society.

For all those punters who have bought the nbs story over the...

  1. 285 Posts.
    For all those punters who have bought the nbs story over the past 12 months, it would pay now to develop patience for a few months, if the past is any guide:

    The financial year may have ended over 2 months ago, but the NBS style is to make some more ambiguous reports and updates.

    And, while all the stocks around them on the ASX are producing Financial Updates, Business Updates, Interim Statements and Preliminary Reports, and generally tring to inform their shareholders of important financial information as at 30th June, NBS, with its very extensive range of contracts, activities and business interests, will need a couple more months yet to inform us of their update as at 30/6; sadly it will be a loss, but not really because there will be very positive announcements about contracts being negotiated in ( country - fill in blank) for ( fill in blank) products; in addition, NBS will be able to report that, at last, their past efforts are paying-off, and some past potential contracts (fill in blanks) will be expected to be signed shortly.

    Are there any real live investors left on the register? or are they all day traders?
 
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