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  • eatbrowneggs eatbrowneggs Nov 4, 2013 7:52 AM Flag

    Sales good, margins not so good but profit s increase

    competition strong but NTE increases market share by lowering prices. Land development on track, could be windfall in future. Dividend cut almost to zero but was expected. I am much more pleased than I expected with the results. NTE should go back to 10 eventually. i do not really see the short thesis taking hold here. One thing i liked was that they have orders now into next year. Always playing the cautious tone with orders but NTE has the expertise and the experience and the customers will continue to use NTE to assemble the parts.

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