Forum Archive Index - June 2002

["Maria Smith" <smith@ps.gen.nz>]

I too have been a shareholder for many years now, however only with a small holding.  Every year when I get their annual report I read through it and come to the conclusion that this company is really going places and is worth putting more money into it. They always have some future operation planned that is going to pay in a big way. Fortunately for the last few years I have been able to recall the hype I felt the previous year and now I just invest a smile.

 

Greg Smith

 

-----Original Message-----
From: Mike Hudson <mikehudson@clear.net.nz>
To: sharechat@sharechat.co.nz <sharechat@sharechat.co.nz>
Date: Wednesday, June 05, 2002 4:12 PM
Subject: Re: [sharechat] NOG-black gold.....

So what's new? This comapany has been over promising and under delivering since its flotation which is about 20 years ago. In its whole life it has, as far as I know, only ever paid out only 1 cent by way of return to its long suffering shareholders. IMO its sole raison d'etre is to keep its directors and senior management in the style to which they have become accustomed.

 

Cheers

Mike H

disc. Cut my losses on this one about 10 years ago.

----- Original Message -----

From: Chris Donald

To: sharechat@sharechat.co.nz

Sent: Wednesday, June 05, 2002 1:23 PM

Subject: Re: [sharechat] NOG-black gold.....

how many more weeks?  Seems to me that NOG promise the earth and deliver nothing... at least nothing in the time frame promised anyway.

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