WDT - Wellington Drive Technologies

[janner]

Why do you share holders not ask for ... Share consolidation.. i.e. 1 for 1000.. ??..

Do not know how many shares have been issued..

I am sure that this would be a wake up call for the largest holders..

[Anna Naum]

Currently about 120m shares on issue.

[Felonius]

Hello Janner.

Why would we wish to give the largest shareholders a wake-up call ?
Obviously they are not as smart as you who is not among "the large shareholders".

I admire their tenacity for sticking with the company through thick & thin (mostly thin), which is so often necessary when investing in start-up companies.

May they be well rewarded for their support.

[janner]

Hello Janner.

Why would we wish to give the largest shareholders a wake-up call ?
Obviously they are not as smart as you who is not among "the large shareholders".

I admire their tenacity for sticking with the company through thick & thin (mostly thin), which is so often necessary when investing in start-up companies.

May they be well rewarded for their support.

Over 30 years and still be a " Start up Company ".. ???..

[janner]

Or is it closer to 40 years ???..

Think that they will be celebrating their centennial before any one celebrates a DIVIDEND..

Could be proven wrong.. but what a waste of time and investment so far ..

[Balance]

A lot of jargons - 'execution engine', 'right to grow', accelerated growth etc

Sounds to me like they are looking for more capital soon?


https://www.nzx.com/files/attachments/180514.pdf

"Over the past eighteen months Wellington has focused on improving its ‘execution-engine’ so that growth of
the business would deliver the right financial performance for stakeholders. As stated previously, Wellington
chose not to just ‘win volume to build scale’ until its ‘execution engine’ was working. This is called ‘earning
the right to grow’. Wellington’s operating and financial performance continues to improve and the Board and Management are confident that all the appropriate actions are underway to improve the execution engine
and deliver on financial promises. As result of this growing confidence, the focus is shifting to the actions and investments that will be necessary to return Wellington to a path of accelerated growth. Wellington remains on track for a positive EBITDA result in 2014."

[winner69]

WDT were cash flow positive H1

Maybe the execution engine is starting to fire up

This Ann will please those who love the stok ....msybec20 cents soon

[winner69]

Can't argue with the bottom line balance sheet. They are definitely starting to claw it all back now.

Anyone know how much debt they have?

No debt moosie .....like DIL cash in the bank ....good eh

[winner69]

I see Accumulated Losses rolled over the 100million mark

Some effort eh ....shareholders have done a great job over the years putting that much in for zilch

[GR8DAY]

.....NO QUESTION THINGS ARE FINALLY FALLING INTO PLACE FOR WDT.........and not before friggn' time.....talk about a long haul and huge test of patience. I am happy to accumulate more at these low levels........you say 20c soon WINNER..........back to SIX DOLLARS AND 20c might be closer to the mark, ,,,,,,be great to get SOME of our money back!!