WTP 0.00% 91.0¢ watpac limited

Company said that underlying profit for FY13 will be between $3m...

  1. 299 Posts.
    Company said that underlying profit for FY13 will be between $3m and $9m...let's assume it is $6m, although companies that put a range, usually end up in the lower end of that range.

    People might claim that it is impacted by one-offs but also the company's markets will soften in the future.

    The company is valued at more than $100m, which means that it is trading at 17 times earnings.

    Feels like a potential short
 
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Currently unlisted public company.

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