This is my checklist for CY2017, to judge WMC's success in achieving strategic goals and disproving issues that prevent potential investors from backing the company:
* Successfully receive first cash instalment of loan repayment + interest (~$13m)
* Positive update about provincial market expansion, showing where and how much sales have improved.
* Update on sales of new router design and cloud revenues (new revenue streams announced over the past few months)
* $65-$80m in revenues, $20-$25m net profit (13-16cps)
* Continued 10-20% dividend (1.3-3.2cps pa)
WMC Price at posting:
20.0¢ Sentiment: Buy Disclosure: Held