"2.60 odd might be the bottom - i had intended to put a buy on about there just looking at charts -fundamentally they should be all right about those levels too one would think"
Even though the stock has fallen a long way from its high, I'm not sure that it is unambiguously cheap yet.
As a $400m Market Cap company today - which generates around $33m pa to $35m pa in EBIT - I think it has merely gone from being very expensive (it peaked at $740m Market Cap a little over a month ago) to just being fairly valued.
It's a good quality company, but I think there are other good quality companies which offer better valuation appeal, given the current market trauma.
Ann: DTL Appendix 4D and Interim Financial Report, page-27
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add DTL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$7.39 |
Change
-0.120(1.60%) |
Mkt cap ! $1.144B | |||
| Open | High | Low | Value | Volume |
| $7.50 | $7.54 | $7.37 | $3.962M | 534.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2223 | $7.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.44 | 1830 | 1 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| DTL (ASX) Chart |