WLD 0.00% 4.7¢ wellard limited

Ann: Reschedule of Delivery of M/V Ocean Kelpie-WLD.AX, page-74

  1. 348 Posts.
    Still an absolute bargain!!!

    Sell depth drying up, no real resistance between .465 and .51 that's as far as the orders show in CommSec.

    I agree with Ed
    .61 soon....before .80 should 2017 see profits at 27 mill or there about.

    Forgot who it was stated the stock couldn't rise before the FY 15/16 results were released, that didn't materialise understandably...this stock makes sale of the century an understatement.

    Margins are going to ease in the next two years 2018...that's likely when I expect we will see 1.20/40 again...

    And with divs down the track at around .04 cents that's 10% annually...

    I wouldn't mind going to have a look at it, years ago we used to sell Marino weathers for the boat. My mates have a share in horses, I'm looking forward to sharing with them over a beer that I have a share in the world's largest cattle transporting ship the Ocean Shearer.
 
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