WSI 0.00% 11.5¢ weststar industrial limited

Ann: Preliminary Final Report, page-3

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  1. 696 Posts.
    lightbulb Created with Sketch. 34
    Its not good. Virtually all of the profit in the first half, only a 300k profit in the second half on $100M of revenue. Only 70M of contracts in hand.

    A bit of reduction to cash at hand to 13.7M although that could just be a timing issue.

    SP is weak for a reason. I am resolved that it will be a tax loss for me on WSI. Once bitten twice shy.


 
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