Australian (ASX) Stock Market Forum

NWT - Newsat Limited

I am really wondering why some one would sell off 50m at 0.9c when the results are only a week or so away. There is nothing we can do at the moment but wait. To sell now seems to be a real waste of time.

But why havent management been more forthcoming with news, particular the 5 new products, whats happening with dubai, etc.

Does it seem a little strange?
 
Is it possible that the results of one week away are already known to a select few, who are bailing out???
 
Share Cafe Mid / Small Cap conference being held on the 27th of March 2007 at the Sofitel Wentworth Sydney, NWT will be one of 16 companies presenting.
http://www.sharecafe.com.au/conference/about.asp
http://www.smallcapconference.com.au/

Well the chart is certainly not looking encouraging for the short term. But if the recent info released regarding the company is correct, the financial ann should be good for the SP. Bring on the ann!!!!
 
Dudes, your guess is as good as mine.

The 50m at 0.9c seems have annoyed one of the dudes on Hotcopper. As to whether info is know the answer has to be yes. Auditors are the worst, tell all their mates, girlfriends you name it. The accounting section would have known the first week in January 2007 once management reports were issued.

If they were bad bad people would get out at any price. the 50m seems to be only big transaction.

Really dont know whats happen, just that management arent really performing for us.

As to the sharecafe presentation what the hell are they going to say. :mad:
 
Re: NWT - Newsat a company with a future

Sweet Synergy said:
Share Cafe Mid / Small Cap conference being held on the 27th of March 2007 at the Sofitel Wentworth Sydney, NWT will be one of 16 companies presenting.
http://www.sharecafe.com.au/conference/about.asp
http://www.smallcapconference.com.au/

Here is the blurb for the conference (added the emphisis in blue):

That’s where the Share Café Mid/Small Cap Conference comes in. We’ve invited 16 companies that we think are interesting for the future. We do not know if any of them will be another EMitch or Austar. What we do know is that each one of them has an interesting business plan and we are now providing an opportunity for you to meet and listen to their management.

As Lynch and Buffet say, management is very important. It is hard to get a feeling for the quality of that management by simply reading their website or their annual report. So we have set out to put together 16 interesting companies that will present to you what makes them a compelling investment.
The alternative to coming to this conference is that you would have to research them extensively. There is only limited or no analyst’s coverage of these companies. We haven’t included resource companies as they are a specialist area. We have also only chosen companies that we believe that the market doesn’t really know about yet.
 
Lets remember WAM has this. They have 194 mill of them. They state in their rules that they only invest in companies which will be around in at least 12 months time.. So bankrupcty should not be a problem. No evidence yet that they have sold. They wouldnt sell on market anyway I dont think. Someone scored 50 mill for 0.9. How about the following scenerio:
AB trust com x p/l sells / drops 50 mill @ .9, well he bought at .7 so... figure. To Spook the market yp keep price low so his option which will be granted soon will be worth more...

Devoius ... yes... ann next week, probably has trigger price on options up till 28/2..
Of course if Wam dumped there would have to be an ann...
 
bozot said:
Lets remember WAM has this. They have 194 mill of them. They state in their rules that they only invest in companies which will be around in at least 12 months time.. So bankrupcty should not be a problem. No evidence yet that they have sold. They wouldnt sell on market anyway I dont think. Someone scored 50 mill for 0.9. How about the following scenerio:
AB trust com x p/l sells / drops 50 mill @ .9, well he bought at .7 so... figure. To Spook the market yp keep price low so his option which will be granted soon will be worth more...

Devoius ... yes... ann next week, probably has trigger price on options up till 28/2..
Of course if Wam dumped there would have to be an ann...

Bozot, I think you may be causing yourself some loss of credibility with comments like above.

I think you are right that who ever picked up the shares from the convertiable note sold the 50m - have to be WAM - you are right the would have made a pick profit.
As to the AB bit, really not sure what you are alluding to.

As to your options theory, I have to agree. Have read same elsewhere.

Just not good that NWT is not making any announcements, even them attending the Small Cap conference.

This should be interesting as I would expect NWT to present something very positive there. To add credibility he will have to explain how a loss to 31 December 2006, if a loss, will be turned around.

:banghead: :mad: :(
 
Not really worried about my cred. NWT creds on the line here.. Me I make money and move on.. Really dont care..
MUL has been manipulated by insiders for years. This company is no different.. They will let it drift now, watch for the volume drift again.
They will pick up even more b4 ann, Just a game to them.. Might have been WAM be surprised though...
Loss, why do u think they will make a loss.. NWT on its own has had 2 years of profits has it not?

Keep hopeful one.. :D
 
Why are you so certain there is a profit. Just trying to make the point that even if it is a loss, AB will really need to put some spin to convince the crowd at thesmall cap conference.

If its a profit even the better, though the spin will be the same. Just means the share price will be a lot higher on 17 March when he does his 'spin doctor' work.

If you want to get your message believed be more circumspect - not outlandish claims

And explain how NWT has been profitable for 2 years? :confused:
 
Hopefulone,

I am just going on what we have been told. We were told that MUL was taking over Newsat which had a turnover of 20+mill and yearly profit of 5mill in 2004 Read that 2005 saw 25mill turn and profit 2.8mill , what is it now... That plus MUL sat division is what is left + 7.5mill from airworks and 800k from MUL bits & pieces.. 2.5 came in the do maybe already and the other 5 mill was subject to clauses..
The NWT div on its own was doing well until MUL came.. We will see if MUl has killed it or not. I doubt it.

Being circumspect as u put it.. I am positive but not stupid. I traded Mul in 2003 for the goods and then left a small pile in there to watch it die. Like a lot we have averaged and dont need a lot to exit.. 2c and I am happy.

Small caps conference is of interest.. Can u tell me how they got there? Ie did they pay like as in advertising or did they get asked? If the later that is all the better because someone else like the look.
Me thinks a lot more $$ can be made in others like ARR, PNA etc..
But their could be a real surprise, a profit will be a surprise.
Remember AB is a bit cagey and is not letting to much out.. They have agreement with MNF and it is doing well.
I have written to small conf the following?
I have question for you re the conference?
"Who picked the companies out to attend and on what criteria.
Are the companies paying like as in advertsing or have they just been invited to present for free?
Do you have a basis for selection of the companies on your list"

I am a realist, if this turns to a dud again I am gone.. Will only trade it if I can see upside.. I presently have my doubts.. They said 2 weeks, next week is the 2nd week. That is early -- that is positive
They said forecast to follow...
Have a look at the ARR forecast.... It has the goods and the market still has its doubts..
Last time MUL provided one it sold 900 mill on 2bill issue in an afternoon.. and went from 1.8 - 3.1.... Almost sold then, should have.

Just trust me when I say insiders do buy.. They did in 2003. Someone is holding this down, Someone sold 50 mill to do it.. To scare the market.. Well guess what they did it..

All the best
 
I found this on Hotcopper !

Thursday, February 22, 2007
Satellite internet - Libya to buy laptops for kids
Domican Today - The $250 million deal, reached Tuesday, would provide the nation with 1.2 million computers, a server in each school, a team of technical advisers, satellite internet service and other infrastructure. The One Laptop per Child project, which has the
Gulf Daily News - The MoU covers the mutual co-operation in jointly developing, marketing and distributing advanced satellite services, which will focus on applications such as corporate private networks, disaster recovery, two-way satellite Internet service, video
Inter Press Service - Since 2002, the school has formed part of a network of 17 rural schools located throughout Argentina that have been provided with computer equipment and a broadband or satellite Internet hook-up though the Ministry of Education's Educ.ar
ChristianNewsWire - FaithFone Wireless mobile phone service is backed by Christian leaders and professionals who have nearly 50 years of experience in broadcast communications, television, radio, cable, satellite, internet, and wireless industries. One of the goals of
AME Info - These critieria pushed us to choose NewSat as our satellite internet partner of choice for our new 4G projects,' Mr Sakka said. 'NewSat's reliability, high quality and efficient services have helped it become one of the world's fastest growing

posted by for satellite internet at Thursday, February 22, 2007 of satellite internet
http://www.zetpi.com/satellite-internet/2007/02/satellite-internet-libya-to-buy-laptops-for-kids.php
 
ASX.CODE said:
I found this on Hotcopper !

Thursday, February 22, 2007
Satellite internet - Libya to buy laptops for kids
Domican Today - The $250 million deal, reached Tuesday, would provide the nation with 1.2 million computers, a server in each school, a team of technical advisers, satellite internet service and other infrastructure. The One Laptop per Child project, which has the
Gulf Daily News - The MoU covers the mutual co-operation in jointly developing, marketing and distributing advanced satellite services, which will focus on applications such as corporate private networks, disaster recovery, two-way satellite Internet service, video
Inter Press Service - Since 2002, the school has formed part of a network of 17 rural schools located throughout Argentina that have been provided with computer equipment and a broadband or satellite Internet hook-up though the Ministry of Education's Educ.ar
ChristianNewsWire - FaithFone Wireless mobile phone service is backed by Christian leaders and professionals who have nearly 50 years of experience in broadcast communications, television, radio, cable, satellite, internet, and wireless industries. One of the goals of
AME Info - These critieria pushed us to choose NewSat as our satellite internet partner of choice for our new 4G projects,' Mr Sakka said. 'NewSat's reliability, high quality and efficient services have helped it become one of the world's fastest growing

posted by for satellite internet at Thursday, February 22, 2007 of satellite internet
http://www.zetpi.com/satellite-internet/2007/02/satellite-internet-libya-to-buy-laptops-for-kids.php

This information is three months old: http://www.ameinfo.com/102279.html
 
ASX.CODE said:
and the point is..?

The point is the blog you linked to indicated (or implied) it was yesterday's news. I feel that is somewhat misleading.

When linking to news I would prefer people linked to primary sources rather than blogs.
 
ASX.CODE said:
I guess... on the bottom of the news clip, there is a link to the source of the news.

The hyperlink.....

The hyperlink links to the same article on the same site. It does not link to an external source.

Also, the blog does not even contain the entire article. As I said, I would prefer if people linked to primary news sources rather than blogs.
 
So Joe u following NWT as well..
It was posted 22/02/07 Explain how you know it is 3 months old?
answres
The conference is an independent exercise on behalf of Share Cafe. The companies have been picked on the basis that they have an interesting story to tell that is not well known in the market.

The companies who are presenting are not paying any fee. Moreover as we are yet to find a major sponsor the conference is currently running at a loss.

Kind Regards,
 
Joe

SO what u aree saying is that the new site is a fabrication?
I certainly have not read those word sb4, seems a mixed up jumble by a ramp[er..
 
Top