Windar Photo Share Price (WPHO)

Had my eye on this and wanted to buy in the low 30s but no cash two weeks ago.

When I dont buy a share the share price increases, when I do buy a share it goes down.

I bought a further 80,000 shares today following the RNS.

I note that Paul Hodges bought a further 50,000 shares today at 48pence.

Obviously, I view today's RNS as strongly bullish. Not bothered by the timing delay highlighted by today's RNS. Motivated by the additional contract wins. COP28 pledges by China (re wind) are also my motivating factors here

WPHO have always been very frugal with our cash, not issuing shares every few months has been an attraction of Windar.

Director has been willing to provide loans when necessary.

Today’s update, while disappointing with a revenue/ profit miss, the result will still be a record for Windar, with a new order and more expected early next year, any share price decline should hopefully be short lived.

What’s the cash position here?

Will the revenue miss for 2023 give them any issues?

He must be confident of getting a good return on his purchases, certainly helping with moving the share price up.

There was an intraday spike to 50p a few years ago, so really pleased to be back here, and hopefully a good move on the next update, which Paul Hodges has more information about than us, and he’s still buying.