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10.7%

12.5¢ weststar industrial limited

Hey darp, you are referring to FY24H1, look at the previous...

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Pierre83

364 Posts.

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07/04/24

17:31

Post #: 73228249
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Originally posted by darp: ↑

Why do you see H2 as bad? Sincere question, interested in your take on it.

See
Strong Half-year Earnings (EBITDA) of $5,040,690
• Profit (NPAT) of $2,900,457
• Revenue of $110,030,157
• 1HY24 Alltype Engineering consistent at $42,223,002
• 1HY24 SIMPEC revenue $66,539,884
• Completion of strategic acquisition of Watmar Engineering Pty Ltd (‘WATMAR’)
• 1HY24 WATMAR revenue circa $1.3M (two months contribution)
• Cash Holdings of $16.1M

What I see is huge revenue to mkt cap, and actually good #s except for one thing. They generate very low profits on revenue. They would double EBITDA if they just charged 5% more or reduced costs by 5%. Are all similar contractors so razor-thin on margins?

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Hey darp, you are referring to FY24H1, look at the previous half.

Irrespective, you don't need to convince me of the numbers, I have been quietly accumulating over the past months.

WSI Price at posting: 13.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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(20min delay)
Last 12.5¢		Change -0.015(10.7%)		Mkt cap ! $13.84M

Open	High	Low	Value	Volume
13.0¢	13.0¢	12.5¢	$12.8K	102K

Buyers (Bids)

No.	Vol.	Price($)
1	85170	12.5¢

Sellers (Offers)

Price($)	Vol.	No.
13.0¢	6250	1

View Market Depth

No.	Vol.	Price($)
1	85170	0.125
2	92500	0.120
2	84539	0.115
3	45000	0.110
0	0	0.000

Price($)	Vol.	No.
0.130	6250	1
0.135	188754	2
0.140	493139	6
0.145	47000	2
0.180	25000	1

Last trade - 14.06pm 21/05/2024 (20 minute delay)

WSI (ASX) Chart

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