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OTR - Onterran Limited

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Re: NOD - Nomad Building Solutions

NOD was a good little company that expanded too quickly through takeovers and didn't have the management to handle the expanded and diversified business.

I'll wait to se if present management are up to the task.

;)
 
Re: NOD - Nomad Building Solutions

robusta said:
Good luck with NOD ROE. Cant see a lot I like but you are buying at about 1/2 price on equity per share so if they manage to turn things around should be a nice upside.

NOD is in about the same space as Fleetwood so should be heaps of opportunity for them.
Click to expand...

Thanks I may need a bit of luck playing turn around :)
 
Re: NOD - Nomad Building Solutions

oldblue said:
NOD was a good little company that expanded too quickly through takeovers and didn't have the management to handle the expanded and diversified business.

I'll wait to se if present management are up to the task.

;)
Click to expand...

sound like CCP on its way to glory ...expand too fast....buy non core business...recruit **** people ....cant collect ... waste too much money on non-core business ...boom crash...a clean sweep of management ....get back to basic.....
but the key is cash flow :) if they can manage that thing will turn
 
On December 8th, 2015, Nomad Building Solutions Limited (NOD) changed its name and ASX code to Onterran Limited (OTR).
 
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