morning traders 9/08, page-2

  1. 13,940 Posts.
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    watching WSI today!

    gap closed yesterday, strong reloading of buys...

    Current MC $19M

    About WSI:
    From @Oscar09 which i'll just copy/paste to save the hassle:
    https://hotcopper.com.au/threads/an...tract-extensions.4882300/page-3#post-39922966

    ($20 mill MC approx)
    (so EV around $10 mill , should be many times higher based on revenue)

    • $10.0M cash at bank at end of the June Quarter
    • Record cash receipts of $17.8M during the June Quarter (+300% quarter-on-quarter, +360% year-on-year)
    • ~$50M of contracts awarded during FY2019, which together with a further $5M of extensions already awarded in July 2019, provides a solid platform of contracted FY2020 work
    • Largest contract to date awarded during the June Quarter – $10M at FMG Eliwana Mine by ATCO
    • Repeat contracts continue from Tier 1 clients including MSP Engineering, Rio Tinto, Iluka Resources, Salini Impregilo, BHP and others
    • $2.4M placement to domestic and international institution

    Profit takers look close to done imo
 
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