OTCPK:NEPTF - Post by User
Comment by
gwrbion Dec 01, 2011 10:22am
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Post# 19282725
Revenue guidance
Revenue guidanceI know I'm wasting my time trying to share information with so many negative people, but the reality is anyone of you could have jumped off at numerous times over the last two years, having made a solid return on your NTB investment.
This morning's announcement was a pleasant surprise. Not so much the sales growth (which was expected), but the continued improvement in management's philosophy to be more aggressive and accountable. It's a big step for them to release a revenue estimate on the day after a quarter ended. Remember you whiners used to always complain about lack of communication? As for revenue, $5M a quarter can become $6M to $7M per quarter very quickly. How about the references to Walmart and Walgreens? You whiners were complaining about that as well over the last few years. Today's announcement should be applauded on lots of levels.
As for the TSX listing, Really Danny? You too? Really?? Really? You sound like my 12 year old daughter. The TSX is a no-brainer great idea. The Venture is a horrible place to be. When there is a major downturn in the market, or financial crisis, of which we've seen a few over the last few years, the Venture gets hammered. Because of the low liquidity/high beta stocks that trade there. When cash gets sucked out of the Venture its like a falling knife. We need institutions with a longer view and better capitalized view of things.
In addition, most Canadian brokerages don't allow leverage/margin on Venture listed stocks, so its real cash. Now that NTB is on the TSX together with the SP being north of $3, and hopefully soon north of $5, we can get full margin credit on it, which allows you to acquire up to 3 times the amount of stock for the same equity investment - watch this kick in on the upside when the upward momentum starts.
As for the Nasdaq, the issue of the currency fluctuation is a huge factor . From a Canadian investment perspective, the Nasdaq is not a big deal. Many Canadian funds can't buy on the Nasdaq.
It really is painful reading this board, but unfortunately there is no other place to connect with other NTB investors.
If you don't believe the story, and if you really are that frustrated, and no longer have patience, go buy something else. Maybe RIM is a screaming buy at $18. Or how about AMRN trading at 40% of its 2011 high? Go pollute those boards.