WSR 12.5% 0.7¢ westar resources limited

Ann: Half Year Accounts - Amended , page-16

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  1. 6,682 Posts.
    Hi all,
    There are different stages that specifies go thru..
    Not all follow the same trend, but personally I like the ones that are illiquid, off the radar, have committed mgmt and prospects..

    Gotta admit that it also takes commitment from a holders perspective as at time it is daunting...

    So what will trigger the re rating...
    - markets waking up to the story..

    This takes time and a couple of others, but also don't bet on logic..

    There are a few pointers though...
    - director buying... They are not all shifty, dodgy and loaded with cash... Smart punters are looking for signals that Mgmt believe in the story... Moving overseas on top of buying is a given IMHO..
    - market buzz... More people start looking, asking, talking...
    - results... WSR has posted some results, but in fairness the brave, smart and gullible all get set before the news...
    - people realising who stakeholders are...

    I find it interesting to see how many people keep talking about Lefèvre works.. Recently read it and more people talk about it than take notice of it...
    Ultimately, follow the insiders and the world normally works out alright...

    Don't know when.. But don't doubt the if...
 
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