NBS 0.00% 9.9¢ nationwide building society.

20500, there's no real need to make these posts. What you'll...

  1. MJS
    2,120 Posts.
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    20500, there's no real need to make these posts. What you'll find is that people, myself included, don't doubt that the product has the ability to do what it says. However, a relationship of sorts with any institution / supplier / whatever does not equate to sales.

    A company might start importing, say, lawn mowers from China and have an agreement with Bunnings to sell them. Sound good. And it does cut grass. But, I go to Bunnings and they still stock every other brand they ever have and still talk up other brands as far as quality and reliability. Just saying that a product and distribution channel does not = $$.

    One final this is this word: RISK. The sharemarket is all about it. You might be right 20500 that NBS is a screaming buy. They might end up making a motza. However, the risks in areas I've mentioned, and the areas others have done much more research than me on in regards to the potential related party transactions, characters involved, and the like, put NBS well outside where I want my money to go. I'm happy to put my money elsewhere and ignore this stock except for curiousity and entertainment purposes, and I won't feel I've made a bad decision if they end up at $1 (hopefully without a 100 for one consolidation).

    MJS
 
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