WDT - Wellington Drive Technologies

[silu]

I sat in on a presentation by Ross Green over a decade ago. If you have not met or listen to him before, you would actually think the company 'is' on the verge of greatness.

Then he brought out the begging bowl and wanted more funds. That's when we all left the room and gave the stock a big red cross.

Yes I bought after a Ross Green presentation through JB Were. Those were the days of unlimited potential

[winner69]

HY announcement - The old 5pm on a Friday afternoon and hope nobody notices trick

Into growth phase I hear - all the numbers do seem to be bigger than last year, that's good

[percy]

lol.... into growth phase again ..... another capital raising coming.

No surprises there.
Moving to cheaper premises.
Invercagill here we come?????????????????????? lol.

[winner69]

lol.... into growth phase again ..... another capital raising coming.

Is a 3 year plan I hear

This year is going to see revenues less than last year and losses similar - a good start

[winner69]

Retained losses still creeping up - over $104 million now

That's a lot of money to lose and a lot of shareholder support

[percy]

Invercagill is the southern hemisphere capitol of dairy farming now so that is way too flash.... me thinks Eketahuna or Dannevirke.

Just checked out Property Brokers' Eketahuna listings.
"Get on the Ladder", 42 Newman Road ,Eketahuna is on the market for $90,000.
Looks great value to me.Dannevirke properties looked a bit too pricey,"what a beauty" at $148,000 did not get my juices flowing.!

[J R Ewing]

These guys seem to disprove the theory that it's no use flogging a dead horse

[Balance]

These guys seem to disprove the theory that it's no use flogging a dead horse

Can you believe that the shares were trading at the equivalent of $10.00 per share back in August 2000?

[winner69]

The old announce the bad news at 5pm Friday afternoon and nobody will notice trick nearly worked. Sneaky eh

I didn't notice until this morning

So - While the current year’s trading performance has been more challenging than expected, the company’s growth recovery plan remains on track.

Lower sales / reduced margins

https://www.nzx.com/files/attachments/205205.pdf

[Okebw]

The old announce the bad news at 5pm Friday afternoon and nobody will notice trick nearly worked. Sneaky eh

I didn't notice until this morning

So - While the current year’s trading performance has been more challenging than expected, the company’s growth recovery plan remains on track.

Lower sales / reduced margins

https://www.nzx.com/files/attachments/205205.pdf

A foreshadowing for next year perhaps winner?

That release is dated 5 December 2015 after all.

Disc: My barge pole is worth more than this waste of time