well said Deansy. I had indeed noticed (and been impressed) how high quality their construction business is. They do a real cross section of wk from basic housing to more intricate stuff. They def have a strong base of skills and experience along with exc track record. The 2.4Bn order-book demonstrates the ease wth witch company wins tenders. I mentioned the civil/resource wk as it appears little can go wrong. But another post indicates it required a substantial outlay foy bulldozers etc by WTP. I sincerely hope debt can be steadily reduced as it will improve my confidence further.
Have high hopes and good to see mkt respond favourably to today's announcement. Another 2c rise tomorrow will make my day.
Am interested to read opinions from longer term holders of WTP. Did company get into strife during GFC and have probs re-financing? What is gearing and interest coverage?
cheers MikeM.
WTP Price at posting:
$1.46 Sentiment: Buy Disclosure: Held