WRR 0.00% 16.0¢ world reach limited

Ann: Annual Report for Year Ended 30 June 2014, page-2

  1. 785 Posts.
    lightbulb Created with Sketch. 2
    rather subdued comments in relation to FY15:

    "While a conservative approach shows that FY15 maybe a ‘steady as she goes’ performance, it is in line with the Company’s objective of producing consistent profits."

    Ultimately, forecasting for WRR is pretty difficult, and as shown last year WRR have the potential to surprise in relation to their forecasts.
    As has been mentioned numerous times, GO is the key, and another $3m order would result in a significant step up of profit.

    Good publicity in the WSJ yesterday re GO:

    http://online.wsj.com/articles/staying-connected-in-the-great-outdoors-1410474215

    "Traditionally, Iridium and similar companies manufactured products for those with big budgets on expeditions or adventures in inaccessible places such as the North and South Poles. They are now targeting the everyday consumer with a new generation of devices. The Iridium GO!, for example, acts as a hot spot, creating a satellite-based Wi-Fi connection when cellular networks aren't available. "It's very portable and very easy to use as long as you know how to use a smartphone or tablet computer," says Ms. Eames."
    Last edited by imran khan: 13/09/14
 
watchlist Created with Sketch. Add WRR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.