WSI 4.35% 12.0¢ weststar industrial limited

Ann: Market Update - WestStar adds $3M of Contracted Works, page-24

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  1. 11,047 Posts.
    lightbulb Created with Sketch. 843
    $18 Million Order book currently for 2020 FY End
    $28 Million Revenue for 2019 FY Year

    imo this is lagging on last Year (even though it's only 3 months in), and the growth is not where it should be.
    To have Tenders / Contracts awarded, then proceed to construction and then receipts come in I believe this will go through the motions for 2020 FY Year, Unless a Big Fish award is forthcoming, and I'm talking $30 Million plus, not these pissy little awards or extensions to current contracts already being undertaken

    hence the share price is where it is.....& Sep quarter will Not be cash flow positive imo
 
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