RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:any idea?It is true that this is Fabrice Taylor's favourite stock. But how relevant is this in the evaluation of merit of investment in Nordex. Remember Waterfront Technology Solutions? That was also Fabrice's favorite stock, somewhere in the middle of 2012. Look what happened to that investment. Fabrice is more of a journalist than a stock picker. He is a story teller. Sometimes story has a happy end, - sometimes it does not. Frankly, I am not sure I could survive if I lived off his picks.
The price is down because there is no confidence of the market in the crew that is in charge of the company and its great products. Johnex product lines are indeed very attractive and shareholders should appreciate the success of the Board that brought this line into the company portfolio. For the record this was the Board that was elected in 2010, not the current bunch. As I noted before virtually all the good current stories on Nordex were originated by former board. How will the current Board handle the opportunities handed to them by the previous board? That is the fundamental question anybody thinking about investing in Nordex should research. So far nothing the current Board has done has inspired my confidence.