WTP 0.00% 91.0¢ watpac limited


  1. 1,372 Posts.
    G'day Fig Jam.I am a long term holder of WTP. It has been good to me and continues to accumulate. Pays good Divs and I reinvest. I intend to be in for the long term. The thing that bothers me is that there profit margin is about 5% of income. This is low by sector standards. If they have a cost blow out on a job there is little margin. This has historically been the case for WTP and not had a problem yet. They do stick to what they know, unlike multiplex (wembley). They have heaps of forward work to keep them going and being based in Brisbane there is so much developement happening the contracts will keep coming. Every time I look there seems to be another crane. The late Sir Joh used to use the
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