WDT - Wellington Drive Technologies

[Baa_Baa]

Posted 17-12-2005.
Maybe time for another new thread.?

"I don't think starting an other one is fooling anyone".

The old 'deflect and take it up elsewhere' strategy eh? This is about WDT. It stays here.

Really, should we move the inconvenient truth that WDT has a 1000% SP gains in to-years to another thread, just because it satisfies the prior listing owners desires to suppress any good news from the incumbent?

Get over it, WDT is finally smashing it out of the park and the old school and the burnt here need to get over it. The future is ahead of you, not behind.

[janner]

I think they were spun out of a property company that owned The Magistic building in Wellington.Maybe Ken Weekley was involved.Maybe even as far back as 1987.Can't remember whether Enzed was another company from the same stable.
Ross Green was the man Janner was thinking of.Ex broker Ray Thompson was a director,as was Sean Beck.They were traded for a long time on Sharmart in the 1990s.. Think it changed name to Aorangi,then Wellington Drive,then Cadac,and then back to WDT.At one stage they tried producing motors in the USA,Connecticut comes to mind.

Knew you were not senile Perc. Yes Ross was the name.. Enzed was an Hydraulic repair company.. Great idea.
Diverted from the main job and went broke.

WDT has been a toxic name for so many years for so many people Baa Baa.. Why would they retain it ???

Tax reasons ???

Yes they are doing well .. Hence my interest .. 20/30 years is a long time in the desert.. :-))))))))


Disc. DYOR

[janner]

"I don't think starting an other one is fooling anyone".

The old 'deflect and take it up elsewhere' strategy eh? This is about WDT. It stays here.

Really, should we move the inconvenient truth that WDT has a 1000% SP gains in to-years to another thread, just because it satisfies the prior listing owners desires to suppress any good news from the incumbent?

Get over it, WDT is finally smashing it out of the park and the old school and the burnt here need to get over it. The future is ahead of you, not behind.

:-)))

A little messianic. :-)))) But have invested .. A little.. :-)))

[percy]

Knew you were not senile Perc. Yes Ross was the name.. Enzed was an Hydraulic repair company.. Great idea.
Diverted from the main job and went broke.

WDT has been a toxic name for so many years for so many people Baa Baa.. Why would they retain it ???

Tax reasons ???

Yes they are doing well .. Hence my interest .. 20/30 years is a long time in the desert.. :-))))))))


Disc. DYOR

Getting there.From NZ Companies Office.
Enzed Technology incorporated 29th March 1985.
We must have received our shares from them, as I think they sold their excellent fluid connection business to Parker Industries ,in the USA.
Then Aorangi Holdings were incorporated on11th august 1986.They must have brought Clark Automotive Developments Ltd who were the original WDT.
And yes 20/30 years in a long time in the desert,but they were always very optmistic, when ever they were looking to raise more capital,which was often...lol.

[janner]

Getting there.From NZ Companies Office.
Enzed Technology incorporated 11th August 1986.
We must have received our shares from them, as I think they sold their excellent fluid connection business to Parker Industries ,in the USA.
Then Aorangi Holdings were incorporated on11th august 1986.
And yes 20/30 years in a long time in the desert,but they were always very optmistic, when ever they were looking to raise more capital,which was often...lol.

And may still be :-))))

Da ?? :-)))

[Snow Leopard]

No point in dragging up the past if it has no relevance to the present. 1000% gains in two-years, who doesn't want a piece of that! Except disgruntled prior shareholders in companies that failed and took their money with it, but have no, zero relevance to the incumbent (WDT) who holds the listing today.

Some people cling to things, usually the negatives as those feelings last longer. Others have no history, they just do their investing and trading on the current circumstances.

1000% gains in two-years. Probably hard to to reconcile that if one was burnt in the dark ages before WDT even existed. Blinded by previous company failures is no reason to slag the current incumbent of an NXZ listing.

Purely as an interesting fact or two:
WDT listed at, allowing for share consolidations, $13.60 on 9-Mar-2001
and peaked at $16.60 on 19-Jan-2004.

And while it may have gained almost, but not quiet, 1000% from absolutely minimum price to absolute maximum price during the last two years, it is the present and future that is important.

With a market cap of $60M, annual turnover of less, gross margins in the 20% and plenty of expenses to swallow that, then it would seem to be rather overpriced.

Liquidity is still well-short of where a Tiger would even consider it, and as it has not proved profitability yet, who cares anyway?


Best Wishes
Paper Tiger

[craic]

WDT was part of the Strathmore group and before that Australian something-or-other stables. They were given away when the group broke up and I held them for quite a time. What dividends have they ever paid?

[janner]

Paragraph 9.

http://www.sharechat.co.nz/article/3...oss-green.html

[percy]

WDT was part of the Strathmore group and before that Australian something-or-other stables. They were given away when the group broke up and I held them for quite a time. What dividends have they ever paid?

Dr.Ray Thompson was involved with WDT as well as Strathmore Group,but WDT did not come out of Strathmore Group.My earlier posts are correct.
So for you Craig;
Australaian Breeding Stables,went on to become;
Stratmore Group,Media Technology,Forge Media,Velco Capital,V Mob and proving there is life after death now Plexure Group.

[Marilyn Munroe]

The prospect of another share issue and further dilution of shares has been pushed into the future by Smart Shares(formally SuperLife) extending their loan until 22/03/2019.

https://www.nzx.com/files/attachments/260954.pdf

Boop boop de do
Marilyn