WSI 0.00% 13.0¢ weststar industrial limited

LOL nice try for a pump but you are 100% wrong and either know...

  1. 896 Posts.
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    LOL nice try for a pump but you are 100% wrong and either know it or are extremely ignorant. I used to be the biggest WSI bull but now see the company for what it really is... a profitable but yet highly unethical play on retail shareholders (see the notice of meeting thread).

    1. Cash flows do not equal profit (look into the July 2019 pump)
    2. Net equity does not equal net tangible assets (intangible assets, goodwill, etc. distort things)
    3. T20 will be ready to dump on retail fools at every opportunity and the hundreds of millions of Alltype vendor shares out of escrow next year will create lots of supply IMO
    4. The company has a very small order book and desperately needs contract wins
    5. PE ratios in the sector are not usually very high due to high risk see sector peers DCG PGX etc
 
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Mkt cap ! $15.30M
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13.5¢ 13.5¢ 13.0¢ $7.943K 59.99K

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No. Vol. Price($)
1 34554 13.0¢
 

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Price($) Vol. No.
13.5¢ 45570 1
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Last trade - 13.07pm 11/07/2024 (20 minute delay) ?
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