You do realise that many of the recent contract wins have been extensions, ostensibly with at least slightly higher margins?
Also, I think management are smart to grow organically through a low-risk diverse tender strategy. If you start taking on big contracts anywhere near $50 million there’s so much risk it’s not funny and that’s where companies like this can go under if they underquote and/or don’t understand the work involved in fulfilling the tender.
The growth here is exceptionally strong. Last financial year’s revenue is already locked-in for FY20 with 8 months to go. It’s going to be interesting to see how much longer the market undervalues WSI... it may surprise and move up when we least expect it.
- Forums
- ASX - By Stock
- WSI
- Ann: Appendix 4C - quarterly
Ann: Appendix 4C - quarterly, page-15
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WSI (ASX) to my watchlist
|
|||||
Last
11.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.54M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 218184 | 11.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.0¢ | 250000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 218184 | 0.115 |
1 | 84030 | 0.110 |
2 | 128000 | 0.105 |
2 | 535000 | 0.100 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.120 | 250000 | 1 |
0.125 | 50000 | 1 |
0.130 | 80000 | 1 |
0.135 | 102029 | 3 |
0.140 | 150859 | 1 |
Last trade - 16.12pm 12/09/2024 (20 minute delay) ? |
Featured News
WSI (ASX) Chart |
Day chart unavailable