WSI 4.55% 10.5¢ weststar industrial limited

Ann: WestStar business SIMPEC wins $5M Tianqi Lithium contract, page-34

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  1. 896 Posts.
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    Well if you have no idea how to distinguish between cash flow and profit I suspect you may be unaware of the difference between a non-executive director and the management team actually delivering WSI’s exceptionally strong performance.

    If anyone from WSI reads this, you really need to work on your investor relations please. Investors seem to have no idea about how strong the growth is here and are mostly ignorant about the contracted revenues for FY20 already being ~$35 million less than four months in!

    How about coming out with some revenue and/or EBITDA guidance for at least the first half and then maybe a growth target for the full year? How about then sending this info out to small funds and/or retail investors via a Hotcopper EDM?

    This company is worth at least 5 cents now and should be worth a bit more than that ~7 cents sometime next year. It’s just a real shame it looks like we will all have to wait until early next year for the re-rate unless the investor relations improves.
 
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