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Noveko International Inc T.EKO



TSX:EKO - Post by User

Bullboard Posts
Comment by P4rtyBoyon Apr 09, 2010 10:55am
220 Views
Post# 16974019

RE: Graphique sur 5 ans....

RE: Graphique sur 5 ans....Well, as majority of you, I am also very disapointed by the slow progress we are making. We all wished things would go faster. At the same time, we all know this is a speculative stock, and that as long as their are not breaking even, this cie, hence our stock core value, is loosing value.

On the other hand, if we look at the quarters results, they are still going in the right direction. Each quarter, they are reducing productions expenses while increasing their sales, and gettting closer to breaking even. All that without major deals, but the deal they are signing are bread & butter deals. Not one-shot deals, but deals that are renewable & will probably bring money for a long period of time & probably grow. Even tough some of you are disapointed & theses deals are not the big bomb that short term investors were hoping for, they are still very positive for the long term.

Jumping in a company that has steady profit, is not as risky & not much speculation anymore. And this will be reflected in the stock price. But when this company will break even, don't expect to see the share price at the current level. Noveko is currently building a very strong base of operation. When this company will break even, it will become a launch pad for any major deal, and the stock value will sky rocket.

The problem, is that we are not getting at the launch pad level as fast as everybody would like, even the direction would like too. They were hoping to be breaking even AT worst for Q4, and it's probably what would happen. Could even slip one quarter.

I do agree that overpromising & under delivering is a major problem for the credibility of the direction. On the other hand, this doesn't mean that they are total idiots. I think they have a good grasp on how to build long term & strong buisness fundations. But they have to work on credibility & communication, that is for sure.

My 2 cents,
P4rty-Boy
Bullboard Posts