Let's be honest with ourselves. The numbers are not good. And the December numbers were not great.
It seems to me that organic growth has slowed/stopped/reversed. Without organic growth the company will never become profitable.
I would love to write-off the ~50% reduction from November on seasonality, but what if there's something worse at play - we as shareholders should want to know that.
Does anyone have any contacts that are customers of WD? I would be interested to see if they're happy with WD...
I concede that the product and WD's value proposition doesn't change from this announcement, but it at least makes me second guess whether our customers value the service. I would love to be convinced that these numbers purely reflect seasonality...
October
November
December
January (predicted)
January (actual)
WD
Combined (proportional est.)
WD
WDA
Combined
Combined
Combined (0% MoM growth since October)
Combined (10% MoM growth since October)
Combined (actual)
Cases
9,749
25,947
10,570
17,562
28,132
24,933
25,947
34,535
15,764
Orders
5,817
14,934
6,037
9,462
15,499
12,884
14,934
19,877
7,408
DW8 Price at posting:
4.3¢ Sentiment: Hold Disclosure: Held
(20min delay)