DW8 - Wine Tech Stock or just a logistic company with a website?, page-29

what I said was spot on. look at the annual report, take the statutory gross profit, bin it.

So what I am saying is

1.Calculate a more accurate gross margin yourself
2. The market will value the business properly based on this gross margin

take note that the above is entirely unbiased towards making a statement on DW8 value.

now onto my biased part. When I realised gross margin is very uninteresting still after holding for just shy of 2 years I thought the stock would fall, because this is the metric the market looks at in my opinion, and I was right. If true gross margin turns around I will be buying back in. even before it shows in STATUTORY gross margin. If case sales go sideways for a couple of quarters of course margin collapses, the company is in a massive expansion phase.

an investor is permitted to sell and buy, I can't believe I needed to say this.

If you disagree with any of the above you need to re-read it.