http://nzx-prod-s7fsd7f98s.s3-websit...235/397925.pdf
CEO buying shares!!!
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http://nzx-prod-s7fsd7f98s.s3-websit...235/397925.pdf
CEO buying shares!!!
From Rules of Staff Trading in Aofrio Securities.
In particular, trades may not be made until one trading day (being 24 hours from one
trading day to the next trading day) after the announcement of the annual results or half-yearly
results.
Hi Winner it seems that the closed period of insider trading for this company is minimal.
Seems like no closed trading period for insiders after financial year is finished as long as no material information is available which has not already be notified to the market.
Jesus has this company ever made money for any investor? I was briefly a WDT shareholder 20 or so years ago and have followed them ever since but it just seems disappointment after disappointment:
Metric (NZ$m) H1 FY23 H1 FY22 Variance
Revenue 30.1 31.9 (1.8)
IoT Revenue 17.1 16.3 0.8
Motors & Fans Revenue 13.0 15.6 (2.6)
Gross Margin % 30.3% 26.6% 3.7pp
EBITDA (0.7) (0.6) (0.1)
Profit / (Loss) (2.6) (1.9) (0.7)
Financial performance for H1 FY23 was broadly consistent with H1 FY22. It
reflected the global economic uncertainty impacting customers, including the
residual effects from global supply chain issues that have lasted longer than
expected. Meaningful improvement in trading conditions now seems unlikely
until Q4 FY23 and it is therefore appropriate to update our FY23 guidance.
We now expect FY23 revenue to be similar to FY22 and for EBITDA to be around
$2.5 million, which is 50% ahead of FY22, although down from prior guidance
of around $3.5 million. Some risk remains that the improvement in market
conditions may be delayed until FY24 and the Company will update its
projections and guidance as it progresses further through FY23.
Duplicated somehow
Important bit is this -
We now expect FY23 revenue to be similar to FY22 and for EBITDA to be around
$2.5 million, which is 50% ahead of FY22, although down from prior guidance of around $3.5 million.
Another year of losing money coming up. one year they will get lucky
Negative EBITA is bad but debt is low so this is mostly costs related to motor manufacturing. Would be nice to see more but with IOT now about 50% of revenue that's positive for the future.