BWS Financial Inc

BWS provides independent stock specific research focused on companies with distinct value that are going through a special situation where there is a tangible catalyst not priced in. The catalyst can be anything from new product, restructuring, M&A, management change, change in business strategy, etc. BWS’s focus is to understand the change and evaluate the potential return for investors.

BWS utilizes a self formed proprietary approach in discovering stocks by putting great emphasis on deep research. BWS does generate short recommendations following a similar criteria.

Independent Stock Specific Research

WDFC: Spraying on a Sell Rating, Initiating

Founder, BWS Financial Inc

Hamed Khorsand

Founder

Equity Bottom-Up

<ul>
<li>The recent decline in crude oil has resulted in optimism WDFC’s gross margin would improve. There is a delay before WDFC sees a benefit/impact from the price of oil</li>
<li>We continue to maintain our viewpoint of WDFC experiencing slower demand for its products from consumers and retailers holding back on orders</li>
<li>WDFC’s exposure to international markets could negatively impact sales due to the strong US Dollar</li>
</ul>


The recent decline in crude oil has resulted in optimism WDFC’s gross margin would improve. There is a delay before WDFC sees a benefit/impact from the price of oil
We continue to maintain our viewpoint of WDFC experiencing slower demand for its products from consumers and retailers holding back on orders
WDFC’s exposure to international markets could negatively impact sales due to the strong US Dollar


WDFC: Expectations Set for Disappointment

WD-40 Company

WDFC: Expectations Set for Disappointment