WSI 4.55% 10.5¢ weststar industrial limited

Fair value MC of 100m. PE ratio of ~2.5m, page-2

  1. 896 Posts.
    lightbulb Created with Sketch. 142

    LOL nice try for a pump but you are 100% wrong and either know it or are extremely ignorant. I used to be the biggest WSI bull but now see the company for what it really is... a profitable but yet highly unethical play on retail shareholders (see the notice of meeting thread).

    1. Cash flows do not equal profit (look into the July 2019 pump)
    2. Net equity does not equal net tangible assets (intangible assets, goodwill, etc. distort things)
    3. T20 will be ready to dump on retail fools at every opportunity and the hundreds of millions of Alltype vendor shares out of escrow next year will create lots of supply IMO
    4. The company has a very small order book and desperately needs contract wins
    5. PE ratios in the sector are not usually very high due to high risk see sector peers DCG PGX etc
 
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Last
10.5¢
Change
-0.005(4.55%)
Mkt cap ! $12.36M
Open High Low Value Volume
10.5¢ 10.5¢ 10.5¢ $5.25K 50K

Buyers (Bids)

No. Vol. Price($)
5 173305 10.0¢
 

Sellers (Offers)

Price($) Vol. No.
11.0¢ 102736 2
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Last trade - 15.30pm 18/11/2024 (20 minute delay) ?
WSI (ASX) Chart
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