Need some help reading the P&L, page-12

First 12 Last

Share
Profile

Follow
Valin

6,072 Posts.

01/03/16

16:03

Post #: 17156971
Share

Originally posted by entropylord ↑

Valin,

Where you belong, in my ignore bin.

Fellow Posters,

Best place for you to put him folks.

WSA has had a tough time like all nickel miners, and imho still has a lot of belt tightening to do. However it does have quality ore resources and management that has yet to do anything materially really silly. With the quality assets they have they should imho be able to tighten the ship a lot more and stem the cash outflow. They need to imho, and some big salary cuts would be both appropriate and effective imho - effective both in quantum, and more significantly in changing the mindset as with these things the best leadership is done by example.

There comes a time when perhaps it is better to try to identify a bottom than to keep flocking the same old end of the world story.

I note that the HY results does not seem to have surprised the market negatively. The analysts (who according to some know sheet) must have appropriately forewarned those that matter in the market.

I can't now see the sp dipping low enough for me to buy in. It seems to be retaining some sort of premium that I am not prepared to pay for the quality of assets and/or management.

EL

Expand

Dribble dribble. You will get a heart soon with your in depth analysis.
Let posters make up their own minds as to who they ignore and who they follow.
Flame away lord!

WSA Price at posting: $2.21 Sentiment: Sell Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

Wealth Within considers potential takeover targets in Australia's booming infrastructure industry

LKE

Lake Resources implies news article on job cuts made up; non-core sales "not material" and no rule 15.7 breach

Talking Australia's very competitive property landscape: Realty Talks

MCT

Metalicity looking for offers on Admiral Bay zinc project

Week 29 Wrap: Trump in spotlight again; China's Third Plenum a yawnfest; RBA's August move a mystery

FG1

Flynn Gold flags mid-grade drill hits and always eye-catching rock chips

IMR

Imricor raises $35M to pursue growth and expansion into Australia and NZ

GNX

NSW approves J-POWER's $380M buyout of Genex Power, giving it ownership of QLD net zero project

AI stocks: What to expect in 2024-25

Warren Tredrea’s weekly sports business wrap: the latest on business in sport

There are more pages in this discussion • 13 more messages in this thread...

First 12 Last

Add WSA (ASX) to my watchlist

Need some help reading the P&L, page-12

Top Stories

Wealth Within considers potential takeover targets in Australia's booming infrastructure industry

Lake Resources implies news article on job cuts made up; non-core sales "not material" and no rule 15.7 breach

Talking Australia's very competitive property landscape: Realty Talks

Metalicity looking for offers on Admiral Bay zinc project

Week 29 Wrap: Trump in spotlight again; China's Third Plenum a yawnfest; RBA's August move a mystery

Flynn Gold flags mid-grade drill hits and always eye-catching rock chips

Imricor raises $35M to pursue growth and expansion into Australia and NZ

NSW approves J-POWER's $380M buyout of Genex Power, giving it ownership of QLD net zero project

AI stocks: What to expect in 2024-25

Warren Tredrea’s weekly sports business wrap: the latest on business in sport

Featured News