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  1. #1461
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    Last edited by Wai Wai; 05-07-2023 at 09:18 AM.

  2. #1462
    Speedy Az winner69's Avatar
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    Quote Originally Posted by Wai Wai View Post
    Always a good sign

    And in a closed period as well
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  3. #1463
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    Quote Originally Posted by winner69 View Post
    Always a good sign

    And in a closed period as well
    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.

  4. #1464
    Speedy Az winner69's Avatar
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    Quote Originally Posted by forest View Post
    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.
    He got permission to buy so no worries
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  5. #1465
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    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.

  6. #1466
    Speedy Az winner69's Avatar
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    Duplicated somehow
    Last edited by winner69; 24-08-2023 at 11:46 AM.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  7. #1467
    Speedy Az winner69's Avatar
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    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
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  8. #1468
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    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.
    Last edited by Nevl; 27-08-2023 at 09:30 AM. Reason: Mistaken figures

  9. #1469
    Speedy Az winner69's Avatar
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    Quote Originally Posted by Nevl View Post
    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.
    Yep higher margins on IoT stuff …..but IoT seems to becoming more commoditised as time goes on and as become the norm rather than something special so margins may shrink over time.

    Question remains ….what is going to drive decent/respectable profits in the future
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  10. #1470
    percy
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    Quote Originally Posted by winner69 View Post
    Yep higher margins on IoT stuff …..but IoT seems to becoming more commoditised as time goes on and as become the norm rather than something special so margins may shrink over time.

    Question remains ….what is going to drive decent/respectable profits in the future
    I have been asking myself that very question for 35 years.?

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