DES 4.76% 10.0¢ desoto resources limited

new beginning, page-7

  1. 1,683 Posts.
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    Oscar - seasonally destra through the retail side, DVD's CD's etc is always stronger in the first half compared to the second half, My understanding is that the company is on track and basing that on news articles of which Dom has been part of AFR etc he flagged/AFR flagged (if i remember correctly) $10-$11m ebitda for 07-08 and if we take in to account all the costs due to restructuring etc then that sort of figure would be to my expectations - 08-09 will be a whole new ball game though, with internal growth being the total focus of the group as you've noted in you're figures. But even on my earnings destra is still cheap in any market and at 9 to 10 cents is a steal but i just dont think we'll see 40 cents again any time soon - but i hope i'm wrong on that one!! Good luck and if you keep building you're holdings at these levels you should be rewarded IMO only.
 
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