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In reply to: stockpanther on Tuesday 27/11/07 11:15am



I am glad there is someone else out there who has a interest in this one. I think NOD offers great exposure in terms of benefits that can be derived from the ever expanding resource sector. Surely further contract announcements for their module buildings are only just around the corner. They have also flagged expansion of their queensland operations through a new manufacturing facility which will target to provide an increase their maximine monthly capacity by 60% from their Qld operations.


Also I see that their residential divisions - both Halley Homes & mcgrath homes - have the ability to offer the company exposure to the burgeoning housing shortage crisis around the country.


I think over the next 12months plus this company is well positioned to outperform - especially at current prices.

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Totally agree MFJ.


Seems like this drop in the share price may have been instigated by director sales to some extent?


If so, I'm not too worried:

- Yes the ex-owner of McGrath Homes sold 7m of stock, but he placed it with insto's who would've done their DD before accepting. Mr McGrath still owns about 7m of stock as well....so i'm not worried

- The AGM occurred around this time also - The presentation seems tops with strong growth simply flagged here

- No big contract announcements lately - but not all that worried, still have the 54m contract from August and growth across other areas of the business. I'm sure there is another one in the works.



I agree - I feel an outperform for this one. Bought some more today - if the price falls sub-$2.60 I will be looking to buy a few more.

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  • 2 weeks later...

In reply to: stockpanther on Wednesday 28/11/07 08:05pm

Small ascending triangle at the bottom of the decline, needs to break $2.75 res to be away,...can it http://www.sharescene.com/html/emoticons/rolleyes.gif

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http://www.sharescene.com/html/emoticons/grrr.gif any news here .....be greatful to anyone who has the drift ? Is that annoucement today Friday 21/12/2007 of any impact ...


What about these directors ? what about the resources boom ! I hear houses are reselling in NW WA at up to 900,000 dollars ; rents are astro , well ! right off this planet http://www.sharescene.com/html/emoticons/wacko.gif


So where to now !

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