WDT - Wellington Drive Technologies

[brucey09]

Snrs.
You see our tax for losing . more loss. forward to profit? Amigos I am asking . Good?

[winner69]

Snrs.
You see our tax for losing . more loss. forward to profit? Amigos I am asking . Good?

Ebitda guidance for 2014 is for loss less than $2.0m.....pretty good progress from a $2.9m ebitda loss this year

[Hawkeye]

http://www.nbr.co.nz/article/welling...itor-bd-152648

[brucey09]

Ebitda guidance for 2014 is for loss less than $2.0m.....pretty good progress from a $2.9m ebitda loss this year

Snr Winner.
Every years guidance. Always profit next time, next time . when?

[winner69]

Snr Winner.
Every years guidance. Always profit next time, next time . when?

so this years guidance really bad then .... not even mentioning profit

[brucey09]

so this years guidance really bad then .... not even mentioning profit

Snr. Winner69
Si, si. In Mexico not profit no good.

[Balance]

so this years guidance really bad then .... not even mentioning profit

East West may pay 1c per share and put this dog out of its listed misery.

[simla]

Sorry to be a party pooper, but I like these guys! True, I don't own any shares, but that's more because this isn't my sort of investment.

As I read it, they spent years hoping to gain a premium for their product on which to build a profit. But the market didn't seem to be buying it much, probably much as people still don't own solar cells even though they appear to be cost effective now (and no, I don't either.) People just take ages to change,

But the current management plan seems to be about also competing on price and marketing - that is, accepting that this is a tough market to play in and just doing what it takes to play there.

I don't know if these guys are going to hit pay dirt. But they sure deserve admiration from where I'm sitting for an intelligent plan being rigorously pursued. The place really has gained some fire in it's belly lately and I respect that. I wish them luck.

[percy]

I note in the chairman's address to shareholders "we are well positioned to become a profitable company." I seem to remember the same words were said by the then chairman 20 years ago!!

Posted 18/06/2010.

[percy]

Yes Percy, and Liz. I know there is a whole lot of deja vue going on. I've followed this company since 1999, sometimes as a shareholder, but more often lately, just as a bystander. But, I have decided to give them another shot. Perhaps I am just a beggar for punishment. We will see how it all pans out this time around. I have 50000 shares at 13c, so it is not a major at the moment.

I of course wish you and the company well.However after investing in it about 1987 or 1990 [sorry I can't remember] and expecting profits every year to be "just around the corner" I feel I am entitled to critical of this company.
After two or three years of increasing earnings I would look at them again.[Then again I may not!!! lol]