One Small Cap Contractor on Fire (not literally)07.03.2014

Upgrading our Small Cap stock investment recommendation to buy WDS in December last year at 85 cents is paying off handsomely - it's now trading at $1.13 after a strong first half profit result and an even stronger outlook. As we said then, in the face of share price weakness: Investors should not press the panic button and sell when contracts get delayed and the share price weakens. Keeping the faith is paying for WDS investors because the company’s energy division is winning contract after contract in the $40bn plus worth of developments occurring in coal seam gas in Queensland’s Bowen Basin. We look at what you should do with your WDS shares in our next issue. Stay tuned.

Richard Hemming

 

About the Author

Richard Hemming

Investment analyst and Editor of Under the Radar Report

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