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Banned
 NTC
NTC is trading at 0.23 and there is a nice sounding announcement.
Big Bounce?
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Banned
I was reading...
'Alliance - NetComm & Personal Broadband Australia'
Where did you get the profit downgrade inference?
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Hi FileAnt:
Announcement at 11.51 am TODAY; being Thursday: 21/10/04; on the ASX Announcements for Netcom NTC....
>>> Entitled: "Company Outlook"
I think your looking/referring ?? -- at the announcement preceding todays, namely the one on Wednesday 20/10/04 --??-- afternoon, maybe... ???...
Kindest Regards,
Robbo.
quote: Originally posted by FileAnt
I was reading...
'Alliance - NetComm & Personal Broadband Australia'
Where did you get the profit downgrade inference?
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Banned
thx matey,
commsec was slow to post that.
I will keep an eye on it, the selling and buying pressure still looks quite healthy.
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Banned
A director bought shares today :o)
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http://stocknessmonster.com/news-ite...E=ASX&N=560936
2009 Full Year Financial Results and Outlook
The Directors of NetComm Limited are pleased to announce EBITDA for the year ended 30 June 2009 of $6.2 million, representing an increase of 575% over the year ended 30 June 2008.
This result was underpinned by strong sales revenue of $78.5 million, equating to an increase of 305% over the year ended 30 June 2008.
Net Profit After Tax for the year ended 30 June 2009 was $5.9 million. This increase of 175% over the previous financial year, along with a strong cash flow position for the company, will enable NetComm to reinstate the payment of dividends.
A further announcement on the value of the dividend will follow within 14 days.
NetComm’s extremely strong performance is a direct result of the company’s successful implementation of its strategy to reduce its exposure to rapidly commoditizing broadband devices and position itself as a world-leading supplier of 3G wireless broadband technologies.
This focus on 3G product development has led to a concerted international marketing push that has seen approximately 35 trials undertaken with carriers around the world.
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Nice gains over the last month.
Worth a look if thinking about exposure to technology. Happy to hold.
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Sold half today to be free carried . 100% rise in 2.5 months too tempting , but will let the remainder ride....
Impressive performance despite the market jitters lately.
Looking forward to the next quarterly , to see if sales momentum continues. Probably behind todays 9.5% rise .
Anyone else watching NTC?
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 Originally Posted by Thumpa
Sold half today to be free carried . 100% rise in 2.5 months too tempting , but will let the remainder ride....
Impressive performance despite the market jitters lately.
Looking forward to the next quarterly , to see if sales momentum continues. Probably behind todays 9.5% rise .
Anyone else watching NTC?
You've certainly done well, and got me interested. The recent stratospheric rise looks scary, but I see that their P/E is still about 7 which is pretty modest for a strongly developing IT company. I also see that they describe themselves as "Award winning" and "Australia's most experienced provider of communications product services" - I wonder if others in this field would acknowledge the latter. But I do also note that they have been around for some 25 years which is encouraging. And I have a Dynalink modem! The launch into North America may also be a contributing factor in the recent steep rise in the sp.
All in all, I am tempted to throw a few dollars in this direction - also because I have no other IT company at present in my portfolio.
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