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0.0¢ wellington drive technologies limited

Ann: Wellington Drive Independent Research Report, page-7

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mark.wilson

18 Posts.

19/04/17

15:43

Post #: 24144957
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Originally posted by precis ↑

I'm off to the AGM on Friday. Happy to ask the Board any questions you may have. Go onto their website to look at the ECR motors. Getting these into Coca Cola vending machines around the globe means the SCS technology can piggy back along the way. WDT is the only company name other than Coke that I have ever seen displayed on the outside of a coke vending cooler. They are predicting 44% revenue growth for the coming year and EBITDA of $2-5 million. This EBITDA was stated at last year's AGM but only as a possible position...it has since been announced as a probable outcome. If they have revenue of over $50 mil/annum and a healthy EBITDA, the share price should continue to head upwards. Sorry about your friend m.w. I've been waiting since 2001, but invested only a little initially, upping it when they made substantial improvements in strategies including supply chain, focus, SCS development, all translating into margins that could support profitability.

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Cheers mate, will be interested to hear your thoughts on the AGM

Price at posting: 27.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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