WDT - Wellington Drive Technologies

[HITMAN]

My opinion,

I'm happy with that announcement, they're at the low end of forecast, if they manage to make that, they did warn it might not get there. But it's still $1.5million EBIT which is great from where they were. They’re showing strong growth. The forecast of $2-4 million next year is a huge range, but they’re on the path. Finally it looks certain they’re going to make it work. It's been very high risk up until now.

The market didn't agree with me, but that doesn’t surprise me, not the first time I've been wrong. Great you posted after 5pm with hindsight of the market reaction. Nice work...

[hardt]

My opinion,

I'm happy with that announcement, they're at the low end of forecast, if they manage to make that, they did warn it might not get there. But it's still $1.5million EBIT which is great from where they were. They’re showing strong growth. The forecast of $2-4 million next year is a huge range, but they’re on the path. Finally it looks certain they’re going to make it work. It's been very high risk up until now.

The market didn't agree with me, but that doesn’t surprise me, not the first time I've been wrong. Great you posted after 5pm with hindsight of the market reaction. Nice work...

Would have said the same thing without seeing the market reaction...

Revenue growth is solid, but at the end of the day it missed expectations.

Under performance due to "customer delays" is not and will never be something the market will react kindly to in the short term... universal rule.

If WDT hit FY18 target, current buyers will be rewarded...

[HITMAN]

At least it's bounced back, all be it on light volume. It's only a small investment, I'm more then happy. There have been a lot of shareholders waiting for a long time on this one. It's a slow ride to profitability. I agree it was overvalued when it shot up above 20cents, but I think it's a pretty well priced. Interesting share atm with their forecasts.

[winner69]

I didn’t bother read anymore when I saw this headline

Wellington Drive misses 2017 revenue, earnings guidance but hopeful for year ahead


Was it as bad as headline said

[winner69]

Couldn’t resist having a look

Pretty impressive sales numbers ....pity the headline.

[hardt]

Couldn’t resist having a look

Pretty impressive sales numbers ....pity the headline.

They did underperform this quarter following on from their commentary after the poor results in Q3.

Good growth is still there nonetheless.

[Leftfield]

Big vol today, 10 mill shares at 15c. Interesting.

[haewai]

Still no Q1 2018 report though

[Leftfield]

Still no Q1 2018 report though

https://www.wdtl.com/img/Shareholder...0addresses.pdf

"Our full year 2018 EBITDA guidance of between $2 million to $4 million remains unchanged. If achieved, this should generate positive operating cash and a small net profit."

( Disc.... not advocating, just observing.)[/COLOR]

[Flugenbear]

I think the outlook is good, some bumps to negotiate still this year, but overall I am hopeful this old dog will finally become a money maker!
I see First NZ Capital have been increasing their holding, so I guess they feel the same.