To: Tim Cruise who wrote (1251 ) 8/12/1998 5:34:00 PM From: David in Ontario Respond to of 2444
Yes - disappointing today - but we're on our way now!! It does take some power to get out of the penny stock ranks - we all know the pennies are volatile - NIR is just waking up. Forget today's sell off - reread the News from yesterday. ** CCL and ICI have just given Napier massive broad scale marketing penetration at the stroke of a pen ** (1) CCL ..."...can provide Napier and its distributors significant packaging and production capacity for an AGGRESSIVE LAUNCH OF ITS PRODUCTS" (2) ICI - The first part of the deal with ICI is done - it's there - end of story. Reread Brad's opening paragraph to the ICI deal..."successfully concluded the FIRST STAGE of its GLOBAL MARKETING ARRANGEMENT with ICI Canada Inc...**THE LARGEST COATINGS COMPANY IN THE WORLD** - with 15,000 distribution outlets (in 163 countries). Enjoy playing with xray and the other contrarians - just play along with them. NIR is just waking up - just starting to stretch its legs. xray + the others are just like flies buzzing around the head of a lion - they will be here today, tomorrow, next month, next year. I saw two signed deals yesterday - in black and white - with two well-established huge mature companies that have a well-established marketing infrastructure in place. The buying pressure over the four days leading up to the News yesterday contained a lot of people looking to make a very quick profit - they dumped today. Very typical event - nothing to do with Napier's forward outlook. I imagine many technicians and day traders grabbed NIR - given its chart over the last week - and have no idea of what type of business NIR is involved in - or know anything about the company. Here on this thread - we are ahead of the wave. Just look how long ago I gave the fist mention of CCL Industries (on a tip from Gino to reread one of Sergio's post from May): post #570 on 19 June - almost two months ago!206.253.196.11 I'm not a day trader or short-term investor - as are others here - today's sell off means nothing to me. If you stand around trying to figure the whole thing out about today's activity - just look over your shoulder. I and many others who are long are smiling widely - we have our News from yesterday in hand to add to that of 15, 21 April. Napier took a huge step forward yesterday. Brad and the others in the company are doing a great job. They are negotiating global deals - this doesn't happen over night. Look at who they have now formerly joined forces with - CCL and ICI - it's there in black and white now. On this thread we're ahead of the market - we always will be. David :-) +++++++++++ Post to Stockhouse's NIR thread today - poster has been holding NIR for a while now. ***** I like many others on this thread are disappointed in the reaction the market had on the news. If you looked at the numbers that are written on the news release pages, you must see the value of this announcement. There will be 15 thousand stockists across the world that will be selling not only one of our products, but possibly four. They will commit to taking the "competitive" products off their shelf and replace it with ours. Think about it, with 15 thousand locations selling our products, this is huge. If the locations only bought and sold $500.00 of product in a months time, from a combination of all our products that they carry for us, this would generate a revenue of $7,500.000 a month. A year would equal $90,000,000. At a 60% profit margin, and yes it is 60%, the revenue generated with ICI alone would be $54,000,000. I think that the $500 projection is conservative. If you look at the Edmonton project, where ONE contractor stripped ONE building, approx. 5-55gal [275gals] where used. This is $5000.00 in material on one job. How many jobs like this, or larger, will be sold per month when the thousands of ICI sales reps around the world start promoting this? Now factor in K-G marketing, private labeling agreements world wide, military contracts, marine industry, commercial aviation and on and on and on. CASTLEGATE