DTL 2.18% $8.09 data#3 limited

Ann: DTL expects to report another record full year result, page-10

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    "Current PE at 23.6 based on this result so about right on where it is at in current environment"

    Beware of conflating Net Profit (which is what should be used when talking P/E multiples) with Profit Before Tax (which is the line in the P&L to which the company guided and what you have clearly used in deriving your 23.6x multiple).
 
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