The 2007 year results will be "make it-or break for NLX"
Market has been promised the world for several years now and management has failed to deliver on every occasion.
The company cannot survive on just the one product line, viz water saving products.
Their anti-dumping case against cheap imported wheelie bins, which they won and then was appealed is still unresolved.
As for the "water" products, they may win on selling tanks, but they will lose big time on selling all of their associated home garden products - hoses, sprinklers etc. Probably a revenue neutral equation.
Not for me at these prices - management need to demonstrate they have turned the company around.
(their biggest mistake was to sell off their most profitable division - the hire operations)
The 2007 year results will be "make it-or break for NLX"Market...
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