WYN 0.00% 21.5¢ wynyard group limited (in liquidation)

Opportunity Knocks ?, page-22

  1. 356 Posts.
    That’s a fair question to ask I reckon NZ T,

    Because WYN are just so totally far oversold it may not take much of a spark ay, being down from $3.12 on a sentiment curve / cycle.

    Just meeting revenue guidance at $28.5M, which would be an all time sales revenue high for Wynyard, would probably just do the trick, reporting’s not until Feb though.

    In the meantime, a presentation including a suggestion that cash burn is dropping to plan would do it for the insto’s I reckon, they would be in on that.

    It depends on the type of sales announcement also, if their partner in that conditional governmental contract finally signs up for $27M, then BOOM I reckon.

    Last update was,

    “None of the large deals in our pipeline have been lost - we’re making good progress but wish to be cautious in setting market expectations.”

    “The conditional government contract announced early January 2016 ($27M including $14.3M in software licence) continues to progress but has also been excluded from guidance.”
 
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