WSI

WESTSTARIN FPO [WSI]
WestStar Industrial Limited, an industrial services company, provides engineering, fabrication, construction, and maintenance services to resources, energy, oil and gas, petrochemical, water, defence, and infrastructure sectors in Australia. It operates through SIMPEC, Alltype, and Watmar segments. The company's services include structural and mechanical piping, and electrical and instrumentation; fluid system equipment services, maintenance, and technical solutions; pipe plate and structural steel fabrication; non-process infrastructure; rotating equipment installation; asset management; maintenance shutdowns and turnarounds; OEM equipment, technical support, parts, and services; design and construct/EPC projects; and multidiscipline turnkey projects. It also provides multidiscipline construction contracting, fabrication, and project and construction services. The company was formerly known as Precast Australia Pty Ltd. WestStar Industrial Limited was incorporated in 2006 and is based in Naval Base, Australia.
Industrials · ASX Small Cap
$0.0670 -10.7%

Updated 9 Sep 2026 · Signals refresh every scan

Appeared in 2 consecutive scansFirst seen: 2026-02-25
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Active Signals

Bullish Signals

  • Volume surging at 47.1x normal while price falls — heavy selling pressure
  • Took a hit — down 20.2% over the last 5 days
  • Beating the Small Ords index — relative strength of 1.19, so it's outpacing the pack
  • Cash positive / operating cashflow positive
  • Low P/S ratio (0.1x)
  • Strong revenue growth (+118%)
  • Micro-cap ($5-20M) - high risk
  • New substantial holder(s) (1)
  • Recent placement detected - dilution risk
  • CANSLIM S: Tight float (36%)
  • Sentiment is mixed — no strong consensus either way
  • Revenue growing at +118% — the top line is moving in the right direction
  • The bigger volume days are the up days — volume-weighted momentum is positive (32.10%/day)
  • Liquidity risk: 9 zero-volume days in last 20
  • RBA hiking (-3pts)

Risk Signals

  • Below the 200-day average — the long-term trend is still working against it
  • Turned to loss (NPAT negative from results)
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • Long-term momentum is negative — down 23% over the past year

Recent Catalysts

NONE Response to ASX Query Letter
NONE Preliminary Final Report and Accounts
NONE Application for quotation of securities - WSI
HIGH Becoming a substantial holder
MEDIUM Placement and Cleansing Notice

Recent ASX Announcements

2026-09-09 Response to ASX Query Letter PRICE SENSITIVE
2026-08-31 Becoming a substantial holder
2026-08-31 Preliminary Final Report and Accounts PRICE SENSITIVE
2026-08-24 Placement and Cleansing Notice
2026-08-24 Application for quotation of securities - WSI

Key Metrics

$10.4M
Market Cap
682K
Avg Volume
47.1x
Vol Ratio
$0.05 — $0.10
52-Week Range
N/A
Short Interest
N/A
Cash Runway
12.8%
ROE
2.0%
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSneutralEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandpassFloat: 36%
LLeader vs LaggardpassRS: 6
IInstitutional Sponsorshipinsufficient_dataInst: 0%
MMarket DirectionneutralNeutral

Sector: Industrials

95 tickers in this sector

View all Industrials signals →Browse all ASX tickers A–Z →
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