The tax losses are only good if the company can start to make profits. Only then can the tax losses be used.
Better for any investor would be a company that makes profits. Imagine what WDT would be worth if they had a history that included $100,000,000 of profits!
Why was there a tax expense in last years Income Statement ?
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
Some dogs should just up and die and let investors put their funds to more worthy causes. WDT is such an animal. Decades of spluttering on with cash infusions at regular intervals. The only significant growth has been the number of shares issued which needs a logarithmic chart to display (oh, I forgot, they have achieved the same outcome by share consolidation every so often).
Don't hold back......let it all out.... best to get it all off your chest! lol.
I am a new investor. My view of this company is more forward looking based on much improved management, improved product mix, improved balance sheet and improved TA. Oh and don't forget whatsup's tax losses.
Is that why Superlife and Smartshares kept investing? I always did wonder why.
They don't make judgement calls -- they just reflex indexes. If WDT occupies a place in an index then the tracking index fund will need a corresponding holding.
They don't make judgement calls -- they just reflex indexes. If WDT occupies a place in an index then the tracking index fund will need a corresponding holding.
Haven’t they made huge judgement calls in recent years on WDT?
You don’t own more than 30% of the company by being an extra Ndebele tracker
Last edited by winner69; 11-04-2019 at 02:13 PM.
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
WDT meeting tomorrow, what are we expecting , anything exciting considering they achieved a pre tax profit of .2 mil their first.
Wow. A profit (hope it is a real one and not an accounting version). The first after 25 years or so. $200,000 - just hope the CEO and BOD do not want an increase because the profit will soon disappear, if so. No need to blame increased international component costs anymore, yippee.
Wdt softening a bit over the last couple of weeks with a dip under $0.2... prob need to give the market a bit of info to keep confidence up... how do we think this one is tracking?...
Originally Posted by Onion
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