If anyone follows WSS, what do you make of this statement from "Around the Traps with the Ferret" this morning. It's a pretty big call, but could be worth a punt if true. Would like to get in, chart looks ok, but it is usually a small volume stock?? :
*****
Now here's a mission statement shareholders like to hear.
WORKING SYSTEMS SOLUTIONS (WSS) chief executive Mathew Cherian
told the annual meeting the "core mission of the company remains to
continue doubling our earnings over the short-term".
It achieved $1 million EBITDA in 2004, is targeting a minimum
$2 million this financial year and expects EBITDA to rise to $4 million
by June 2006.
This is because the company has a "four-lane highway for
growth".
The $4 million will be achieved "as traffic from the Four-Lane
growth plan kicks-in".
Buyers had their motors running and got out on the highway
yesterday, pushing Working Systems up 0.4c to 7.5c.
*****
WSS
working systems solutions limited
double then quadruple ebitda? true?
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