NXT Share Discussion Threads

[lefrene] 27/9/2010 10:40

It's a placing and underwritten.

[runbrian] 27/9/2010 10:08

Indeed, I've taken the 4p while I can. Be lucky to achieve a successful rights issue now I fear. Good money after bad?

Good luck all holders, I'm out.

[somfawa] 27/9/2010 10:01

Simply put this company will never be a success. Walk away, just walk away.

[runbrian] 27/9/2010 09:53

Why would anyone throw good money after bad? You'd have to be mad to take up the rights issue!

[isis] 27/9/2010 09:53

This thread still as crazy as ever.

Never have so many been robbed by so few.

[lefrene] 27/9/2010 09:52

Ooops :¬), a little editing required.

I agree John Lewis' are excellent for service, it's down to properly rewarded, respected and motivated staff. The employee's rewards are very closely linked to how well the business performs.

[lisa279] 27/9/2010 07:58

Why NOT to take up the offer!!

1, £1.5M SHORT of covering their overheads now!

2, VCs kicked back AUDIUM just a few months ago what has changed???

3, The IP is said to be able to raise little if it were sold in the prospectus,I thought it was "world beating tech" FFS!

4, Costs are going to go UP not down!

5, Were are the customers?

6, Waht is NXT's take on each sale?

Oh and by the way lots of stocks on the LSE pay a dividend on your INVESTMENT get it!!

7. 170 MILLION NEW SHARES will be available to hit the market on October 20th 2010, bought at just under 3p....what will that do to the SP
Lisa:)

[lefrene] 26/9/2010 19:57

John of Groats, It appears that James Lewis is far more attuned to the wants of the end customer, whilst the previous incumbents have been chasing after the widget makers. I'm guessing that the strategy is to get the Audium chip into the market asap. I hate things with batteries that don't last very long, I suspect that most people do. Given the choice of buying something for £25 that needs a fresh battery every week, or paying £29.95p for the same item that only needs a fresh battery three times a year, would be an easy decision. There is also the 'green' angle to play on with less polution from discarded batteries, or less energy consumed in recharging.

If the Audium chip throws off the cash we are hoping for, then we may have the opportunity to produce devices with haptics panels for ourselves, if it makes commercial sense.

Going around the electrics dept of a John Lewis, I notice a 'Pure' brand that seems to be growing strongly, and they are into telling the public how 'green' their products are. I also notice that the great unwashed tend to buy things by how they look and feel, rather than how they sound.(If it costs more it should be bigger). It's only when you get to the expensive end of things that people start to demand quality of sound. I wondered why no one had used an exciter to turn a standard toaster into a radio for the kitchen, though the heat would no doubt be a challenge.

Might as well see it through to the end one way or another, so through gritted teeth I too will be picking up the offer.

[kenbachelor] 26/9/2010 18:57

I've now committed myself to putting in the 3p a share. Why not, it's just a drop in the ocean at this stage!

[john of groats] 26/9/2010 15:37

lefrene,

They were good enough at getting the message across to persuade us to invest! We should have listened to what the potential customers were saying.

By the way, some of the launch capital was wasted on production and premises as well as unrelated technology such as 20/20 Sound.

John

[isis] 26/9/2010 11:39

Holders had the chance to sell a few days ago when they already knew there were problems - Lisa flagged this up and was remonstrated with, but she was right.

Fools.

[algernon2] 26/9/2010 01:50

Kammi1, lay off Lisa279 because, as one of those shareholders who have lost money on this dog of a share, I prefer her cold breath of realism to any ramping moronic drivel that so many are willing to dole out unashamedly.
Thanks for caring about us shareholders who have "..lost so much" but don't waste your bleeding heart on our pain and suffering.
Thank you for caring though.

[lisa279] 25/9/2010 09:25

kammi1,

What sadistic people continue to post every tenious link and claim possible to entice people to notice and buy stock in NXT?

What sadistic people hound others off free B/B sites because they do not like or agree with their point of view?

What sort of people REFUSE to discuss accounts and a business plan that continued to, year on year, fail?

Crying now and trying to play the moral high card just aint going to cut it I am afraid.

Shareholders time after time after time watched guidance as accurate as a weather forcast, let them down. They watched techs slated as "world leading" hardly raise enough revenue to keep the Directors expense accounts going, yet still they posted the uba BULLS case and rounded viciousley on any other who dared not to toe the line.

Reap what you sow kammi1, reap what you sow.

Lisa:)

[kammi1] 25/9/2010 08:37

LISA what sadistic pleasure do you take to upset shareholders who have already lost so much due to the share price drop?You need to get a life and go out more.You sad sad person.
Kammi

[maharees] 24/9/2010 19:28

isis

it is incredible to think these hit £27 per share ten years ago. Worth about £27 mkt cap now?

[dafrog] 24/9/2010 18:50

My selftrade account has been credited with zillions of NTX shares, supposedly at about half of what I hold but the actual figure given to me is way in excess of that. It's in my ISA as well so can't just buy them without ensuring it's within the limits.

[lisa279] 24/9/2010 16:24

digger27,

Best of it is the SLG thought he was the best thing since sliced bread and appear to have worshipped him to Ghandi like preportions.

Do not be surprised if the SLG ask all members to partake in a whip round so as to ensure Thoms does not have to pay for his own Dinner on the way home....

Lisa:)

[digger27] 24/9/2010 16:14

£800k expenses for the firm placing..nice little earner.

Shame to see Thoms go after 18 years of dedicated snout in the trough..anyone else would have been sacked ages ago after spending all that loot. Do Hallmark do a glad to see the back of you card?

[lefrene] 24/9/2010 15:34

Lisa, I would expect that Thoms being pensioned off was at the insistence of the underwriters. This deal will have been initiated probably six months ago, and Thoms will have known his tenure was numbered, so very likely he has been the goldilicks mouthpiece to give the impression that things very finally "on the cusp". Very cynical, but that's what keeps the ducks in line.

The hook has always been the lure that NXT had a technology that could go global in half a year. Plainly the Globe hasn't been too interested, this is not software but supplying 'rights' to widgets that the buyers would have to make themselves. Now very belatedly and from someone with genuine experience of the industry, it is known that the industry wants widgets that it can just bolt on to it's production line.

The new venture has better odds than the previous way of trying to do things. But as ever it takes time, unless JL already has customers lined up to take millions of the Audium chip.

With approx 300 million shares floating about, it's going to take some spectacular turnover with hefty margins to the share price back to 'respectable' levels.

[lisa279] 24/9/2010 15:15

lefrene,

It is very interesting how NXT are always saying they have "world leading tech" yet once again the Directors appear to put very little value on the break up value of IP ........

Also of great interest is just were they see the competition regarding haptics being in 3 years considering many already have products out in the market....

How any bull can ignore yet again. a £1.5m gap between breakeven and overheads is quite frankly perverse IMHO. NXT need to near double their entire income revenue stream just to cover THIS YEARS costs which we can see will be higher in the next 12 months and beyond due to the "new" management business plan.

So exactly how and from were will these miraculous revenue income streams come from to not only cover riseing overheads but to propel this company onto a profit growth path???

I am glad you point out the Directors and the "manner" they have become accustomed to as you will recall how BULLS were strongly adament that Thoms was brilliant and untouchable and suddenly they all "think" this is agreat move, Thoms going!

I have never know a group of shareholders give soooo much and demand so little in return as the NXT bunch and this is their reward and STILL BULLS will paint the rosiest of pictures to try to sucker the unwary.

Do not fret I shall stand guard and help ensure that the unweary are FULLY kept in the picture rather than the "one size fits all/everythings hunkey brilliant in the garden" bulls approach.

Lisa:)