WSI 0.00% 13.0¢ weststar industrial limited

Ann: Alltype Engineering awarded $8M in new contracts, page-52

  1. 11,314 Posts.
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    true. But when you have recent acquisitions and you are a project driven business it isn’t reliable to say that they are profitable now because of the annual report from last year. Time will tell, but there’s a reason they are trading with such a low market cap and massive selling... and it’s not because they are strongly profitable. Let’s see what this quarters cash flow shows. If it’s a significant positive inflow then perhaps it does mean they are on track for profit or profit growth. But the market cap suggest most don’t believe it. Yet.
 
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