Australia's largest stock trading and investment forum Australia's #1 stock forum

WRR

0.00%

16.0¢ world reach limited

Ann: Annual Report for Year Ended 30 June 2014, page-3

First 3 Last

Share
Profile

Follow
sun111

3,662 Posts.

80

19/09/14

12:29

Post #: 13999976
Share

Originally posted by imran khan ↑

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."

Expand

EV around $6 mil @15c after paying back debt. Looking forward EV $20 mil if net profit around 1.5-2 mil 2015. Anyone know how much of 1.8 mil R&D expenditure in 2014 can be claimed back in 2015?

WRR Price at posting: 15.0¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

IVR

Investigator Resources hits 8m @ 1.06% copper on-site Stuart Shelf JV project acreage

WC8

Leia pegmatite pulls up recoveries of 84% lithium for Wildcat in WA

BYH

Bryah gains $408K government rebate for work on copper target Narracoota

Talking the US election, the spectre of Trump and what's hot on the ASX200: Wealth Within

AI stocks: What to expect in 2024-25