WTP 0.00% 91.0¢ watpac limited

cheap as chips, page-3

  1. dct
    2,764 Posts.
    lightbulb Created with Sketch. 4
    More cash than debt, the company is flush with cash so I think a buy back will be announced leading up to the AGM.

    The major shareholder must be seriously looking at a takeover offer. This business is all about profit margins and competition, most business is but particularly construction.

    The cycle is at bottom, buy time but only buy companies with a strong balance sheet and competent management.
 
watchlist Created with Sketch. Add WTP (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.