NXT Share Discussion Threads

[lefrene] 24/9/2010 14:53

I guess a good number of die hards will now capitulate as it becomes clear that there is a long road to go in what is effectively a new venture. Added to which the much vaunted Haptics now turns out to be yet another piece of artful spinning by Thoms. It remains to be seen how the fresh capital is used, other than of course keeping directors in the manner to which they are accustomed. Presumably the new, 'make it and then sell it' will be contracted out to the best operator. Probably going to be a very trying 12 months before any inkling of whether it will come good.

[badg] 24/9/2010 13:40

Lisa...

Fair enough...

[lisa279] 24/9/2010 13:32

Dead trees are only good for firewood...but we must be careful of the tree hugging greens, they are still trying to cling on!!!

Nearly 170 MILLION NEW shares to be availabl in Early October to hit the market that costs certain peeps and instis LESS than 3p!!

These shares IMHO will FLOOD the market for months if not longer...

Time to look at stocks with things like a HEALTHY DIVIDEND payment, yes I know many NXT PI will have to look up what that means but hey it could be well worth your while!!

Lisa:)

[isis] 24/9/2010 12:29

It was a Bonzai Tree - someone trod on it.

[lefrene] 24/9/2010 12:27

joe moon, The tree fell over, now it's tree trampling.

[lisa279] 24/9/2010 12:24

And that is the problem of NXT PI on B/Bs.

So focused on individual posters, esp when their male egos take a beating, that they take their eyes completely off what the Directors of THEIR company are doing!!

Even now on TMF "neilsfool" says he is amazed at the drop in share price yet IGNORES the fact that 1, NXT are over £1.5M short of even breakeven. 2, Adding to their overheads! 3, Going to have over 160 MILLION shares added to their listing. 4, NXT own management appear to be flagging up 2011 before meaningful product range will be in mass production.

At a £1.5M loss a year with INCREASING overheads, the cash raised this time will be enough to get through next year including production coasts but from that point they need to have REVENUE income coming in at over £4M PLUS without fail otherwise a share consolidation followed by a move to AIM then.......IMHO.

The rampers will soon be sent out in force so the instis can sell into a sure fire profit.......PI's like the sheep they are, will follow.

BAH!!!

Lisa:):)

[isis] 24/9/2010 12:17

She wised up?

[rawdeal1] 24/9/2010 12:11

Actually Lisa was one of NXT's biggest fans previously, and in fact was one of the biggest Rampers of the stock ... then something changed !!

[joe moon] 24/9/2010 12:01

tree shaking?

[warmsun] 24/9/2010 11:55

BADG...I, like you, don't follow this BB on a daily basis, but an educated guess would tell me that Lisa lost big time on this stock some time ago.....it's the only reason I can see for the constant posting here.So, in many respects she (?) is just like the current shareholders....we have all lost money.....

[lisa279] 24/9/2010 11:34

BADG,

Simply because I choose to!

Its's a dirty game and I have been on the receiving end....now its my turn!

MMs are desperate for buyers.They know another 168 MILLION shares at less than 3p are heading their way in October........at best a flat share price around the 3 to 3.25p by then at worse, drops everyday until 2.75/ 3.00p.

NXT flagging up no relief on the revenue front until 2011 at the earliest and then the gap between overheads and revenue still very large.

What gives?????




PI of course!!

RATFPML!!!

Lisa:)

[isis] 24/9/2010 11:06

The danger with these boards is that many only want to hear the Bull case and that's why they lose their Shirts.
This has always been a very wasteful Company - an anachronism of the techboom.

They made little effort to change the business model or reign in costs over the years until it was too late.

The signs were all there.

[badg] 24/9/2010 11:01

Lisa

You are entirely correct in your defence of freedom of speech...

I do not read these b'b's every day and pay a cursory visit for a "catch up" when news flow/share movement interests me... hence not backing you in bullying as I have not read it!

Whether or not people or investors choose to be proactive regarding AGM's, be lazy, not write to protest regarding their investments etc., is their freemdom.

I still do not understand why you persist - if you are so angry with management and your fellow sharehodlers - why do you not just walk away and leave it all to the fate you correctly predicted...I did not imply you need to apologise for anything. I'm just interested in why you are using your energy thus.

[lisa279] 24/9/2010 10:59

Here we go............160 K SELL @ 3p!

REALITY DAWNS!!!

Lisa:)

[isis] 24/9/2010 10:54

£500k is to go on redundancies and yet they are going to increase the Headcount - so what exactly were those people doing?

errr, don't answer.

[isis] 24/9/2010 10:45

The Royalty Business Model misfired from the word go but they refused to budge. They were set too low with not enough sales, Rampant Investors were going on about £4k TV's and £25k Cars of which NXT would receive a Royalty of about $2-.
High end goods that brought nothing and expenditure was in the million.

This has/was to be the iconic example of how NOT to run a business.

[warmsun] 24/9/2010 10:40

Well said!

[badg] 24/9/2010 10:33

Lisa - Most of what you say is entirely accurate and clearly there are alot of private shareholders who have lost a great deal of money. I have traded in this stock since "verity" days but not for many years now.

I have maintained an interest in the company, its technology and watched in utter disbelief as countless millions have been lost/wasted on a clearly horrendous business model.

What I cannot understand though are your constant negative posts and reading your apparent pleasure in observing the mistakes of others. Why bother and why just not walk away from this company, its investors and traders. Leave it all to whatever fate awaits it. Not attractive...

[tratante] 24/9/2010 09:36

Lisa

"Can't wait to read the SLG pom pom waving next report!!"

Does that mean you are still a share holder? If not shouldn't you have left the SLG when you sold?

[lisa279] 24/9/2010 09:33

Ah, does the penny finaly drop!!!

Large sales going through at 4.05 on PLUS.....this is just the start...

Lisa:):)

[lisa279] 24/9/2010 09:08

SP is starting to creek....when will the tree begin to fall??

267 MILLION NEW SHARES AT under 3p WILL SOON BE UNLEASED......HELLO MMS >>>HELLO SHORTERS!!!

Lisa:)

[lisa279] 24/9/2010 08:18

A new company that starts with NXT's bad habits.

Why do I say that?

COSTS are being ramped up (more Directors etc) yet clean re-occuring revenue still languishes far behind!!

They constantly mention 2011 for roll out of some worthwhile products, yet NXT are nearly £2m short TODAY of covering overheads.

Take £2m off what they are to raise after costs and they will need everything again to go their way and that, on NXT's record over a decade, is a very slim possibility...

AIMHO/DYOR/NAI

Lisa:)

[isis] 24/9/2010 08:08

Fair point lisa.

I'm surprised given their track record they have been able to raise this much.

Old shareholders have effectively been wiped out and this is really a NewCo.