In the past Ive never liked this electronic flat speaker company as its always been a jam tomorrow story, a would be blue skyer with plenty of froth on the top with a management who have failed miserably in my opinion. Ive even shorted it and made a few bob out of it but very recently I have done a 'u' turn on the company and have gone long, the reasons being that the company have a new MD in place and the guy appears to be getting his team pulling together and gone are the silly corporate mistakes of the past.

Its recently won its first mass production license with Toyota who are forecast to become the biggest car manufacturer in the world overtaking GM.

Today it as given out a very Bullish statement after the recent CES trade fair and the share price as reacted strongly to the news in the last half hour.

I beleive its worth having a punt up to the results as in the past they have usually moved up around 30% to the interims in late february. At the interims its then a case of waying up future development forward.

DYOR.

cheers GF.

Well nothing to report in results. I note the house broker has highered the loss for the year.

All in all a failure and one Im dropping. New management same old NXT very dissapointing.

cheers GF.