WDT - Wellington Drive Technologies

[Lizard]

I really didn't think they'd be able to get away with another raising after the WDTPA... unless they can make a decent profit before May 2017, around three-quarters of the company could end up going to the pref holders. (Could be a good gamble if it was actually possible to buy any of those prefs at the 10c quoted!).

Old WDTPA prospectus:
http://www.business.govt.nz/companie...AF8F7471968896

[percy]

I really didn't think they'd be able to get away with another raising after the WDTPA... unless they can make a decent profit before May 2017, around three-quarters of the company could end up going to the pref holders. (Could be a good gamble if it was actually possible to buy any of those prefs at the 10c quoted!).

Old WDTPA prospectus:
http://www.business.govt.nz/companie...AF8F7471968896

I think the WDT debacle could alter the whole meaning of the word "preference".!!!
I would think anyone ending up owning WDT would call them "poisoned chalices."!!!!!

[dodgy]

Hi to all fellow wonderfully advantaged WDT owners/shareholders.
The Drs. of spin are at it again trying to justify consuming more hard earned cash from my grasp. Order confirmation - exciting. What , sub 500 units ! Great order but worth another 3c thown away?
My 3 cents worth - "staying in my pocket"
Have a great evening.
-dodgy (reluctant owner/shareholder - or at least I think I still own something, albeit shrinking).

[winner69]

Hi to all fellow wonderfully advantaged WDT owners/shareholders.
The Drs. of spin are at it again trying to justify consuming more hard earned cash from my grasp. Order confirmation - exciting. What , sub 500 units ! Great order but worth another 3c thown away?
My 3 cents worth - "staying in my pocket"
Have a great evening.
-dodgy (reluctant owner/shareholder - or at least I think I still own something, albeit shrinking).

Hey dodgy, you are hard to please.....may as well say they broke even, that's an achievement in itself .....WOW WOW

WDT on fire.

https://www.nzx.com/files/attachments/211620.pdf

[Snow Leopard]

From the announcement:

Operating expenses are lower by $200k reflecting staffing reductions, process improvements and the increased effort on new product development activities that resulted in an increase in capitalised development

Nice gain on foreign exchange as well .

Best Wishes
Paper Tiger

[winner69]

PT ...oh dear the good old capitalised expense trick eh. They seem proud of it though. Just shows one needs to read carefully and not just skim through announcements

Wonder what the cash flow looks like ..... I will hazard a guess, shocking.

[Anna Naum]

So they reduce the loss, develop new products, account for them in an appropriate manner and still complaints. Given the history understand but come on guys, its at least a move in the right direction?

[percy]

So they reduce the loss, develop new products, account for them in an appropriate manner and still complaints. Given the history understand but come on guys, its at least a move in the right direction?

Maybe time for yet another new thread?
Had they had one or two years of losses,people could be forgiving, and agree with you,but after nearly thirty years ,no way!!!!

[Anna Naum]

Maybe time for yet another new thread?
Had they had one or two years of losses,people could be forgiving, and agree with you,but after nearly thirty years ,no way!!!!

Agree a couple of years would make this an interesting story, now they need to put together a few years of gains.

[percy]

Agree a couple of years would make this an interesting story, now they need to put together a few years of gains.

Yes two or three years of solid increasing earnings, and I could become "a born again" WDT shareholder.!!!
Can companies retain nearly 30 years of tax losses?