WSI 0.00% 13.0¢ weststar industrial limited

Ann: Preliminary Final Report, page-2

  1. 2,307 Posts.
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    A loss in the second half of nearly $2 million on revenue of $140 million, due to 2 problem contracts.

    EPS for full year of only 1.6 cps. Share price down tomorrow I am afraid. Changing from fixed price contracts to Target cost estimate model. I guess I will hold, but bought in when company had given no indication of problems.
 
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