WSI 0.00% 12.0¢ weststar industrial limited

Ann: WestStar receives $13M of new awards, page-28

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  1. 4,929 Posts.
    lightbulb Created with Sketch. 828
    Nah just did the calculations I have .5%, you got me I still have some buying to do yet but in no rush, i do like a small daily appreciation than volatility on the market, in saying that i have had some ripping days on the asx on some of my spec stocks, but i have also had two of them go tits up, but these businesses have been running for many years I think think Alltype just had there 27th birthday? these companies have been making money for many years, WSI just bought them as they were perfect takeover targets, if they can buy another couple of companies like Simpec they will be well on their way to as $100 million market cap, and a shareholder dividend, resulting in a SP of near $1, lets say they throw in a 5% dividend in 2 years when SP is at a $1, if you own 1% of the company now
    you will hold 1.1 million shares, value $1.1 million, 5% dividend will be 50K a year, hmmmmmmmmmmmmm


 
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