So potential 15-20M profit from new customers, but ED had a intricate relationship with their parent company Dimension Data so I wonder if their sales revenue is solid?
PE of 11? (INGRAM = ~12) earning per share increase from current 7c to 20c / share = share price of ~ $2 once things are up and running ~1-2yrs?
Is this a logical (very rough) valuation?
Upside is increased efficiency / cost savings overseas markets and Dickler magic...
Sorry but have been watching DDR for a while now since ~60c and have always been uncomfortable with their small margin.. but I guess that its what a distributor is all about.
Beware .. I am still learning.
DDR Price at posting:
$1.30 Sentiment: Buy Disclosure: Not Held
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