now this is what i call a short squeeze keep it going, don;t sell a single share until 10
reminder of 1q estimate, proves highly accurate, especially last earnings report, where I predicted within .05 cents and only off 100,000$ on revenue right on the moeny.
Ford equity research recommends netsol now a strong buy. Ford sees potential upside of 18.27 a share and sees netsol at the lower range of the expected valuation fluctuation.
4 analysts recommend strong buy,
4 recommend buy
4 recommend hold
1 recommends strong sell
This compares to previous recommendation of
2 strong buy
1 strong sell
Netsol is currently ranked by jaywalk in the top 5 percentile in the jaywalk universe, industry and sector. And ranked as a buy overal
shorts have a week left. Honestly I think it is more gamble to short at this level. Ok you had your fun guys short attack the 12 down to 7, you played out all the downside. Are you prepared for any upside surprises? Be ready for the atheeb group bonus
Yeah but go ahead and check the past times ntsl released earnings over the last 3 years you will notice strong correlation with ntwk stated earnings. Strong enough if I was writing a scientific paper for my university, it would be a strong enough statistical correlation to be published and pass peer review a correlative affect of over .8.
Daimler is netsols biggest customer accounting for 21% of sales . Check out Daimler's stock chart. Also daimler just announced they are starting production in brazil right after netsol said last conference call they are looking to business in brazil. Also daimler announced 2 billion euro investment in doubling china production and .5 B euro investment with distributors in china 5 days ago.
Watch out becasue netsol china business with Daimler is about to double and they will be in brazil with Daimler too. The only downside is I think daimler will soon be over 30% of netsols revenue.
The numbers are one thing the market reaction is another. If you are not at the edge than you are behind it.
Yes that is the question you already heard it here my estimate .21 cents eps 12.4M revenue I believe very close. The one tie add on could take the eps even higher though. The question as you said .. will the stock react positively or not to this beat, we all know what happened last time. My hope is management just say something to put everyone's fear to rest and erasure market demand is strong, which i am sure they will.
I told you guys about this on Monday, but no one listens to omar as usual. Also the earnings had dilution becasue of a 1 for 10 share award for ntsl pk, so the actually numbers are even more well off. Also if you read the financials which I have the Saud deal has come in on earnings as a one time boost, but NTWK will be the company that recognizes the majority of income because the atheeb group falls under NTWK house not ntsl. So prepare for a one time .06-.10 eps boost from atheeb netsol.