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NetSol Technologies, Inc. Message Board

netsollong 35 posts  |  Last Activity: Aug 2, 2015 10:35 AM Member since: Jan 31, 2003
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  • Reply to

    Higher lows since Oct 2014 are lining up nicely.

    by netsollong Jun 15, 2015 9:35 AM
    netsollong netsollong Aug 2, 2015 10:35 AM Flag

    Hi Klaazzzz , after the rise from the lows it was important for solid consolidation .

    And it did......all the way to the 200 Day MA.......and if our target is $25+.......this is the only way.

    Technically we are primed for the next leg up......just need the fundamentals to go our way.

    That depends on the large contract they say they are close to signing.....at the last CC.

    Keep well.

    Sentiment: Strong Buy

  • netsollong by netsollong Jul 14, 2015 8:19 PM Flag

    You will all remember that NETSOL surged to 50 Rs a couple of quarters ago on speculation of an early return to profits. When that didn't happen it settled back to 32 Rs very soon after earnings.

    The market there is now speculating once again on the large contract discussed at the last CC.

    The market here is not......so we see a vast difference in performance.

    Time will tell which market called it right.

    Sentiment: Strong Buy

  • netsollong netsollong Jul 14, 2015 8:01 PM Flag

    Correct.

    Perhaps someone else may want to visit the casino.

    It's been fun watching the arguments shorts have been making the past few weeks.

    Very childlike and laughable at best.

    The time of reckoning is not far away.

    Their posts are set to get even more anguished .

    Sentiment: Strong Buy

  • Beautiful consolidation.....both in terms of time and volume.

    Love it.

    Sentiment: Strong Buy

  • Reply to

    China

    by brillo_us Jun 10, 2015 9:31 AM
    netsollong netsollong Jun 11, 2015 4:58 AM Flag

    This is the first time they are making headway in China , US and European markets.

    Leadership position in China already established and now they have real breakthroughs in US and Europe with Tesla.

    If they can get that large contract signed .... the final piece of the puzzle would be in place .... market acknowledgement and approval of Ascent.

    Once that contract is signed , their workforce might be fully utilised.

    In the future , their biggest barrier for growth will be the time it takes to get a larger workforce for servicing further large contracts and not actually getting contracts signed.

    That's a nice problem to have.

    This is only the very beginning of an uptrend which is going to take us to multiples of the PPS we have at the moment.

    I can't tell you how happy I am with the consolidation I have seen thus far and hope that higher levels undergo the same consolidation.......only way to get to where we want to and stay there.

    In the meantime , just enjoy the "gang" at work .

    I think we are going to hear a lot more from them.

    They do have to do all they can to safeguard their increasing interest.

    Sentiment: Strong Buy

  • Reply to

    This is big people. Very big

    by ctripingg2 Jun 8, 2015 9:36 AM
    netsollong netsollong Jun 8, 2015 12:02 PM Flag

    Thanks for your 5 Cents worth.

    Sentiment: Strong Buy

  • netsollong by netsollong Jun 4, 2015 8:41 AM Flag

    http://finance.yahoo.com/news/auto-industry-racing-ahead-rising-191407011.html

    Sentiment: Strong Buy

  • Tesla Motors had a rough first year in China. Here’s why the company’s efforts to sell its luxury all-electric vehicles is getting easier.

    When electric automaker Tesla Motors began delivering the first Model S sedans to Chinese customers last year, the company seemed well-positioned to meet a growing demand for luxury goods and fulfill a desire by the central government to put more eco-friendly cars on the road.

    Tesla TSLA -0.44% , aiming to meet lofty sales goals, quickly went on a hiring spree (eventually amassing a staff of 600 people) and began an aggressive rollout of free fast-charging stations known as superchargers.

    But, then the company stumbled. It failed to hit its sales goals and sold fewer cars—approximately 3,500 in 2014—than electric and plug-in hybrid vehicles produced by Chinese rivals BYD and BAIC.

    CEO Elon Musk has placed much of the blame on a misconception among Chinese consumers that charging electric cars was difficult. Others argued that infrastructure, in a country where most people don’t have private garages to charge cars, was the real problem.

    However, a little-discussed barrier regarding car ownership—which likely had a big effect on Model S sales—was pushed to the side, and is only now slowly being addressed.

    In Chinese cities, including Beijing, Guangzhou, Hangzhou, Shanghai, Shenzhen and Tianjin, regulations have been put in place to limit the number of cars an individual can own in an effort to reduce pollution. Prospective owners in the country can only acquire a license plate through a monthly lottery system.

    However, so-called new energy vehicles have special privileges, which include local governments exempting them from the lottery system.

    When Tesla entered the Chinese market last year, the company didn’t certify itself with each individual city in order to be included on their selected vehicle list and therefore weren’t excluded from the lottery. Without this exemption, potential Model S buyers must wait and go through the lottery system, an obstacle that could dampen sales.

    In addition to lottery lists, officials also determine which models qualify for new energy vehicle subsidies. Until recently, local governments were known to hand out subsidies only to manufacturers based in its own region, says Lilia Xie, a research associate with Boston-based Lux Research, later adding that Tesla doesn’t receive new energy vehicle subsidies from the Chinese government.

    Earlier this month, Tianjin added Tesla to its selected vehicle list. The company previously made the list in Guangzhou, Hangzhou, Shanghai and Shenzhen. That leaves Beijing as the final holdout.

    “Beijing is the big one, Xie says. “There’s no other market that matters as much.”

    Sentiment: Strong Buy

  • Luxury electric car maker Tesla Motors (NASDAQ:TSLA) bucked the trend of slowing EV sales in May by accelerating its Model S sedan deliveries by double-digit percentages, according to an estimate.
    California-based Tesla doesn't release official numbers monthly, so analysts put together their estimates by looking at things like car registration data.
    "Our estimate for Tesla is 1,652 (cars sold) for May," WardsAuto senior industry analyst Haig Stoddard told IBD by email Tuesday, as to U.S. sales.

    That's up 20% from an estimated 1,377 in April and 50% from 1,100 in May 2014.

    Sentiment: Strong Buy

  • DETROIT (AP) -- U.S. auto sales were stronger than expected in May, boosted by Memorial Day promotions and strong demand for new SUVs.

    Sales rose 2 percent over last May to more than 1.64 million cars and trucks, their fastest pace since July 2005, according to Autodata Corp. Analysts had expected sales to fall slightly because of lower sales to rental car companies and other auto fleets.

    After five years of blistering growth after the recession, it's getting increasingly difficult for the industry to match those kinds of numbers. U.S. sales are expected to hit 17 million this year, near their historic peak of a decade ago, and automakers will have to work harder to post big gains.

    But the industry isn't alarmed. Because of factory closures during the recession, output is closer to matching consumer demand, so car companies don't have to resort to as much expensive discounting as they did in the past. Demand is also healthy thanks to easing credit standards, improving employment numbers, lower gas prices and enticing new vehicles.

    Sentiment: Strong Buy

  • netsollong netsollong Jun 2, 2015 10:37 AM Flag

    They are truly on the map in US and Europe now.

    This will help them to win over more big names.

    Sentiment: Strong Buy

  • the big one .

    Sentiment: Strong Buy

  • Reply to

    Hope for a better contract!

    by papagleason Jun 2, 2015 9:55 AM
    netsollong netsollong Jun 2, 2015 10:12 AM Flag

    Looks like NTWK got in early with Tesla......they will expand into many countries.......also other European and US autos will now take NTWK more seriously......this is a big breakthrough.

    Sentiment: Strong Buy

  • Which one will Tesla expand into next ?

    Sentiment: Strong Buy

  • Reply to

    So it was Tesla !!

    by netsollong Jun 2, 2015 9:48 AM
    netsollong netsollong Jun 2, 2015 9:55 AM Flag

    They have plans to expand into new countries....another global agreement is very possible.

    Sentiment: Strong Buy

  • Tesla is a big name and shows that NTWK can attract new players in the industry.

    Sentiment: Strong Buy

  • netsollong netsollong Jun 2, 2015 9:49 AM Flag

    Anybody selling in this range will soon regret it.

    Sentiment: Strong Buy

  • netsollong by netsollong Jun 2, 2015 9:48 AM Flag

    Very very nice ....... now they can expand into the other countries that Tesla wants to have a presence in.

    Could be the start of another lucrative relationship .

    Sentiment: Strong Buy

  • This golden cross is going to throw us out far higher at the other end.

    In the meantime let shorts do what they do best .

    We will need more fuel for the fire.....further down the line.....

    Sentiment: Strong Buy

  • netsollong by netsollong May 15, 2015 12:01 PM Flag

    On a GAAP basis, net loss from continuing operations was $1.6 million, equal to $(0.17) per share. This compares with a net loss from continuing operations of $2.8 million, equal to $(0.31) per share.

    Adjusted EBITDA (a non-GAAP measure) was $883,000, or $0.09 per adjusted diluted share, which removed $2.5 million in depreciation and amortization. This compares with adjusted EBITDA of $658,000 or $0.07 per adjusted diluted share, last year, which removed $2.0 million in depreciation and amortization.

    Sentiment: Strong Buy

NTWK
5.22-0.03(-0.57%)Aug 4 3:59 PMEDT