Member Info for smudgedan

evening, NBU were a no show apparently. They cited that their advisers didn't want them meeting private investors during a closed period prior to the annual report being released. Disappointing for the guys that went to the trouble of organising it.

Have a look at the ADVFN threads for NBU. The meeting is tonight. Naibu are one of 6 presenters CAMK are another one. I would think that if they give a convincing presentation then this will head further northwards tomorrow.

a meeting tonight for private investors where NBU will be presenting, so expect some further movement tomorrow. GL

this finally awoken? Nice buying this morning.

Hope so mate. Another one for the patient amongst us, but will continue to add when funds allow. ATB

Yes, a good day here and hopefully the first of many. I think we will see more of this over the next week as the word spreads. ATB

here at 0.645. Happy to buy all day long at this level.

Lucien Miers is feeling rather disappointed this morning! IC's tip will also filter through the next week of trading sessions and those who don't know this stock will be equally amazed at the current price. GL

Think they have been recommended by Simon Thompson. Same with NBU.

Ok, let's see.

Well done on taking the cash here. Looks like these results are more than factored in to me.

Yep, same here mate. Will have to catch up soon.

Hi mate, hope all is well with you. Hopefully R has unearthed another gem here.

Yep, EK is also long on NBU to the tune of 400,000 shares. His long calls seem to be better than his shorts. He posts on ADVFN under his real name, so worth a look at his posts on there.

Have joined the party with a 3k buy at 8.75. Not showed up yet. Thanks again for the tip R.

Yes, bit of a double whammy here with the seller and Lucien Miers mentioning his short. But, like Globo value will prevail, Miers will close his short after making 10% and normal service will be resumed. I think this presents a fantastic buying opp at these levels.

Interesting post. Hopefully we do have someone reading this based in China who can check for us. might be worth posting your comments on ADVFN as their Naibu threads have a bit more traffic than LSE.

Post recommended. I think that Lucien Miers is on pretty thin ice here and will be closing his short quickly. Looking at some of his previous short positions there at least seem to be some logic behind those whereas in this case the reasons he is citing are flimsy and it is almost like it is a publicity stunt to short a profitable and growing company with no debt and paying dividend. Quite comical when you think about it. Mondays trading will certainly be interesting as there may be some that read his comments over the weekend and open a short on Monday. To me this will offer a great buying opportunity at all time lows with the inevitable bounce coming.

Asclepius, a measured and balanced post which I have recommended. I think it is worthwhile dissecting Mr Mears comments point by point to examine their validity: Point 1 - the company website and brand awareness on the internet. . - I think anybody that has researched Naibu knows that rightly or wrongly they are not pushing the ecommerce side of things. They have never suggested that this was a strong point nor that it is something they see as key to their business. Bottom line they have achieved a good level of profit under their current modes operandi. Of course this may change going forward but they feel at this stage that this marketing will not benefit them given their target audience. The IPO - there is always suspicion of foreign and particularly Chinese companies listed on AIM. In certain cases rightly so. As Asclepius rightly points out Naibu already trades at a huge discount, have had their accounts audited by UK auditors, has a British board member who is also on the board of other UK listed companies. That being said I certainly believe that the UK listing was driven at least in part by the desire of certain seed partners to release funds in to sterling. Bucking the trend - Lucien seems to believe that is impossible for Naibu to grow their business whilst others falter. We can only base our judgement on the figures presented to us which clearly show growth and profit. I am not sure what else the company can do. Should they have to justify why they are successful? Lins Mum - this is a point that I don't know the answer to. I will try to contact the company to get an answer on this. At face value the amount is still owed to the company and is shown on the accounts as such. Insider Selling - we know that several of the seed partners have sold up. This could be for numerous reasons but my take is they want to circumvent the Chinese exchange controls and realise the cash in sterling. Lucien asks the question why Naibu's advisers have sold the shares they got as part of arranging the listing. My answer is why wouldn't they if they need/want to realise the cash. They are not wedded for life and we all sell shares at some point. At the end of the day as investors we choose to either believe in a company or not. I personally believe that Naibu is a genuine company and have invested accordingly based on the information available. If I invested based on cliches such as "if it sounds too good to be true it probably is" then I would stick with ftse companies that deliver 10% annual returns. Good luck with your investments. I will continue to add here on any further weakness, should that happen.

Utter cobblers. Conveniently missed out a few of the positives such as the dividend payment. Out at the moment but annoyed I couldn't top up futher on the drop. Will post later but a one sided self preserving article which when you analize it is quite poor.