Hmm...things have quickly fallen back to ground, not sure what or who caused the stir last week pushing it past 12c mark, update today doesn't look very rosy.
Hmm...things have quickly fallen back to ground, not sure what or who caused the stir last week pushing it past 12c mark, update today doesn't look very rosy.
And yet things have risen back up over 12 cents. No particular reason for the turbulence over the past few weeks from what I can see.
Major negatives as I see them:
Production issues in Vietnam.
Sourcing components continues to be a problem.
Positives:
Demand for their products has returned after a horrid 2020.
Good margins
I quadrupled my holding in early June. I have no regrets. As long as they can stay afloat over the next year or two I think they have an increasingly bright future.
....Greg Allen doing a stupendous job at the helm by the looks of things.
Revenue climbing nicely. Vietnam back in production. I will be looking seriously at increasing my holding again based on this latest report.....not to forget they're deeply involved indirectly in the global warming business (refrigeration) and yes no tax to be paid for a very long time. Gotta be a good thing.
....Greg Allen doing a stupendous job at the helm by the looks of things.
Greg Allen finished up at the end of March, still a director though, and yes he has done a great job in righting the ship. Let's hope the new guy who just started can continue the good work.
Originally Posted by GR8DAY
.....not to forget they're deeply involved indirectly in the global warming business (refrigeration)
Can you elaborate on this? I'm not quite sure what angle you're coming from. Cheers
As a long term holder, I wonder just how they can/will grow WDT now that it is in profit ( all bit a wee one ) how do they maxamize their circumstances, small profit, positive cash flow ( for now ? ), $6 mil cash holding, large tax losses- $100 mil + , to my mind they need a business that will be a game changer for them, the question is, where will that come from and I dont think that it is inside the company at this stage ?
Come on Mike D put your hat on and get on the board!
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