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Bullboard - Stock Discussion Forum Nordex Explosives Ltd V.NXX

Chemicals Specialty Chemicals
"Nordex Explosives Ltd is engaged in development, manufacturing and resale of explosives products in Canada."

Bullboard (TSXV:NXX)

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Post by cardealershipon May 11, 2015 2:04pm

CORRECTION

My average price is 32 cents per share not 23 as mistyped in my previous post.
90
Discussion
Post by cardealershipon May 11, 2015 1:54pm

NEW 5 YEAR LOW. IS THE COMPANY DYING? ACTION REQUIRED

I bought 50,000 shares of this junk after Zucker MT announced their initial position. My average cost is about 23 cents. In less than 6 months I have lost over 50%. Emergency measures (to ensure ...more  
316
Comment by Bean_and_Dunnon May 11, 2015 7:38am

RE:J Taylor

"Said call was part of reason I did pick up a few of the shares that I sold." Jim seemed to hint that 2nd quarter of 2015 would look noticeablely better in his remarks to the release of the ...more  
130
Discussion
Post by AbNormAlon May 07, 2015 10:56am

J Taylor

Valuedude, I posted earlier that I had a call in to Taylor that was not responded to. To be fair, he did manage to return my call a few days later. I am not going to go into detail, but said call was ...more  
182
Discussion
Post by Bean_and_Dunnon May 07, 2015 12:15am

Reasons to replace the board and or management:

Lack of performance. One only has to look at the market price of Nordex. Presently it sits at 64% of the value it was originally issued for in 1970. (16 cents versus 25 cents) Strategic plan is not ...more  
124
Comment by Bean_and_Dunnon May 06, 2015 11:46am

RE:RE:Market Cap

Book Value is staight forward. It is the amount of equity in the company after all liabilities or debt obligations have been taken into account and presently sits at $8,909,477. When you divide by ...more  
118
Discussion
Comment by valuedude1on May 06, 2015 9:06am

RE:RE:Market Cap

Has anyone spoken to mgmt? Seems like nobody answers the phone or email there.
84
Discussion
Comment by Bboomer2on May 05, 2015 9:23pm

RE:Market Cap

I don't know about the "book value" you're seeing Ab.  Two of the larger explosives companies did a due diligence and backed right away without an offer.  Are you ...more  
94
Discussion
Post by AbNormAlon May 05, 2015 9:50am

Market Cap

This company is now trading way below book which is not new news. To set the record straight with this board, I reversed my position yesterday and bought back some of my sold position.
121
Discussion
Comment by Bboomer2on May 04, 2015 11:17pm

RE:No cash

For several years now, Nordex has depended on cash flow to pay bills.....no cash in the bank.. On one management list I saw Tom Gannon was shown as the CFO but his name doesn@t appear on others. @ Is ...more  
101
Discussion
Comment by Bboomer2on May 04, 2015 11:17pm

RE:No cash

For several years now, Nordex has depended on cash flow to pay bills.....no cash in the bank.. On one management list I saw Tom Gannon was shown as the CFO but his name doesn't appear on others.  ...more  
103
Discussion
Post by valuedude1on May 04, 2015 8:49pm

No cash

Can they even pay salaries? They have no cash. It loos like the fully utilized their debt avenues. Where do they go from here?
113
Discussion
Post by valuedude1on May 04, 2015 8:37pm

Bankruptcy?

Any chance that mgmt wants to bankrupt the company? Why did they take on so much debt? Where did the money go? You see this a lot of times with banlrupt companies. Companies take on huge debt, give ...more  
135
Comment by stopedouton May 04, 2015 4:04pm

RE:WHERE IS DEAN?

This company needs a mouthpiece. Today`s news release is ridiculous with no proper explanation for the terrible q4 numbers (negative cash flow of $1.28 million) and no indication that they have solved ...more  
104
Discussion
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