WSI. I'd hardly say the SP is ridiculously low. It's not a...

  1. 32,461 Posts.
    WSI. I'd hardly say the SP is ridiculously low. It's not a mature business and mostly they have been losing money. There's nothing to suggest that they will suddenly start raking in the cash. The nature of their business is a slow graft with high costs and low margins. Yep, they have won a few contracts this year but still gotta prove they can manage it all and make a profit. And the profits are not gonna be amazing.

    Chart would also back-up this view. Why the SP spiked cos they got a contract is hard to fathom? Has quickly fallen back.

    Plenty of better prospects out there with sexier business to fluff up the SPs. imo
 
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