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."

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Post by withoutabiason May 04, 2015 10:54am

WHERE IS DEAN?

Finally the news release is out. I notice Dean name is not on it. Did Nordex do away with IR mouth piece, that was not of any value to the corporation? If that is the case it would be the first good ...more

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Comment by valuedude1on May 03, 2015 8:55am

RE:RE:RE:When does this accounting negligence become a crime?

they have to throw out this mgmt team in order to turn this around. Get some shareholder friendly team in there to drive value. This guys are running this business for paycheques and not for ...more

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Comment by Bean_and_Dunnon May 03, 2015 1:21am

RE:RE:When does this accounting negligence become a crime?

The Zucker Family Trust is presently the largest shareholder of Nordex. The trust has net assets of USD$ 2.6 billion as of 2013. Jerry Zucker was a brilliant man who earned had degrees in several ...more

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Comment by Bboomer2on May 02, 2015 8:16pm

RE:When does this accounting negligence become a crime?

Nordex spent a lot of $ getting the Johnex Butt Buster on line and then built a large inventory but they had maybe 1 person in sales and no one out pumping this cadillac product. Vale said nice ...more

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Comment by janeintorontoon May 02, 2015 7:23pm

RE:When does this accounting negligence become a crime?

I admit to laziness about researching this company. Who is the Zucker Trust (surely not THE Zuckers) and why have they taken an interest in this micro company?

Discussion

Post by Bean_and_Dunnon May 02, 2015 5:15pm

When does this accounting negligence become a crime?

Take the Zucker Family Trust for example. They bought huge amounts of stock with every expectation that the books were in order. The first 3 quarters of the year showed a reasonable if not great ...more

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Comment by valuedude1on May 01, 2015 3:20pm

RE:RE:RE:RE:#@%^*&! Ouch! It hurts so much!

why did mgmt leverage up so much? How come their is no press release? This is very weird.

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Comment by AbNormAlon May 01, 2015 3:05pm

RE:RE:RE:#@%^*&! Ouch! It hurts so much!

My thoughts exactly on taking a certain loss now. A coin flip on whether it was a good or bad move. My fault; I should have read the signs i.e. no news releases on BB etc., but elected to ignore ...more

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Comment by withoutabiason May 01, 2015 2:48pm

RE:RE:#@%^*&! Ouch! It hurts so much!

You are not the first one. After the 2012 putch (before I dumped my shares at that time) I tried to contact Taylor as well. That was when things seemed to be going well. The reason I called ...more

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Comment by AbNormAlon May 01, 2015 1:56pm

RE:#@%^*&! Ouch! It hurts so much!

Like withoutbias, I puked up some shares too. They outlasted us with negative upon disappointing news. I will leave some shares for the ride in case someone comes in and takes these guys out which can ...more

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Comment by Bboomer2on May 01, 2015 1:56pm

RE:FORENSIC AUDIT NEEDED

When "Explosives Company A" did their due diligence, they concluded Nordex stock was worth $0.01 when all debt and assets were considered. Where did all the RBC $ go that were recently made ...more

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Post by withoutabiason May 01, 2015 11:47am

FORENSIC AUDIT NEEDED

Knowing what I know about margins in the explosives industry I submit to you that the last quarter results do not add up. With sales holding nicely it is impossible to have a loss on the revenue shown ...more

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Comment by Bboomer2on Apr 30, 2015 11:57pm

RE:RE:NO SIGN OF ZUCKERS BUYING!

Oh Jeez..........not Chinese detonators again. Taylor's got a mag full he'll sell you cheap BaD

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Comment by Bean_and_Dunnon Apr 30, 2015 7:26pm

RE:NO SIGN OF ZUCKERS BUYING!

The ZFT owns 14%. They are now insiders and can not legally buy shares legally until the first quarter results come out. That is why they are not buying. Otherwise I think they would be scooping up ...more

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Post by withoutabiason Apr 30, 2015 3:43pm

WHERE ARE IR PEOPLE?

What are they being paid for? Dean, are you hiding? News release explaining the disaster is a minimum public shareholders expect.

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