WDT - Wellington Drive Technologies

[silu]

BUD a good story ha ha

I see they mention the supply of semi-conductors / chips is becoming a real problem

I have that feeling that chips will be Wellington's next bad luck story

Loss already forecast - could be quite a big loss if this impacts them

Totally agree. I've mentioned in my reply to jonu that general supply chain issues will affect a lot of companies and smaller less capitalized companies will find the next few months challenging.

[Wai Wai]

Shades of Rakon a year ago

[kiora]

Totally agree. I've mentioned in my reply to jonu that general supply chain issues will affect a lot of companies and smaller less capitalized companies will find the next few months challenging.

And that is were their major shareholder may significantly help
"Help, my current supply chain is at risk.
Problem: I need to find an alternative source, or diversify my current supply chain.

Solution: Once you hit critical mass, you should never put all your eggs in one basket. Diversifying your supply chain can help protect against increasing wages, raw material unavailability, labor strikes, supply chain disruption, currency fluctuation, increasing taxes, rising fuel costs, and a host of unknowns. When you partner with East West for your manufacturing needs, you will save time and money but most importantly, you get the advantage of our diverse manufacturing base.

With our multiple operations in the United States, Costa Rica, and Asia, we can diversify your supply chain with one supplier, one company, one point of contact. We can guide you through NPI with smaller volume production locally, and then balance out larger production volume in Costa Rica or Asia, helping you achieve scale and reducing your risk."
https://app.companiesoffice.govt.nz/.../shareholdings
https://www.ewmfg.com/about/problems-we-solve/

[kiora]

Totally agree. I've mentioned in my reply to jonu that general supply chain issues will affect a lot of companies and smaller less capitalized companies will find the next few months challenging.

And that is were their major shareholder may significantly help
"Help, my current supply chain is at risk.
Problem: I need to find an alternative source, or diversify my current supply chain.

Solution: Once you hit critical mass, you should never put all your eggs in one basket. Diversifying your supply chain can help protect against increasing wages, raw material unavailability, labor strikes, supply chain disruption, currency fluctuation, increasing taxes, rising fuel costs, and a host of unknowns. When you partner with East West for your manufacturing needs, you will save time and money but most importantly, you get the advantage of our diverse manufacturing base.

With our multiple operations in the United States, Costa Rica, and Asia, we can diversify your supply chain with one supplier, one company, one point of contact. We can guide you through NPI with smaller volume production locally, and then balance out larger production volume in Costa Rica or Asia, helping you achieve scale and reducing your risk."
https://app.companiesoffice.govt.nz/.../shareholdings
https://www.ewmfg.com/about/problems-we-solve/

[winner69]

And that is were their major shareholder may significantly help
"Help, my current supply chain is at risk.
Problem: I need to find an alternative source, or diversify my current supply chain.

Solution: Once you hit critical mass, you should never put all your eggs in one basket. Diversifying your supply chain can help protect against increasing wages, raw material unavailability, labor strikes, supply chain disruption, currency fluctuation, increasing taxes, rising fuel costs, and a host of unknowns. When you partner with East West for your manufacturing needs, you will save time and money but most importantly, you get the advantage of our diverse manufacturing base.

With our multiple operations in the United States, Costa Rica, and Asia, we can diversify your supply chain with one supplier, one company, one point of contact. We can guide you through NPI with smaller volume production locally, and then balance out larger production volume in Costa Rica or Asia, helping you achieve scale and reducing your risk."
https://app.companiesoffice.govt.nz/.../shareholdings
https://www.ewmfg.com/about/problems-we-solve/

East Westvseem to own a few chip companies as well

So no worries here

Wellington having luck on their sides now ..lucky having a shareholder like East West

[jonu]

Seems WDT has settled above 9 but is reluctant to push on through to 10 despite bugger all depth to hold it back.

Winner tells us 10ish is next resistance. Listen up WDT!

[winner69]

Appointed new CEO, Greg Balla from Orion Health

I saw a picture of Jacinda Ardern as a related page on LinkedIn ...thats good

[kiora]

New CEO quite some incentive to stay and keep SP up
https://www.nzx.com/announcements/371822

[winner69]

New CEO quite some incentive to stay and keep SP up
https://www.nzx.com/announcements/371822

Lasts the distance and share price goes to 30 cents worth 2.65 million

At 50 cents worth 4.4 million

Hope you gets even more than that - we'll all be happy then

[jonu]

WDT still struggling to break the shackles of 9.

One would hope some of those exiting ATM today might consider something with plenty of upside.