DSE 1.14% $3.47 dropsuite limited

DSE Takeover, page-11

  1. 2,020 Posts.
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    I have been looking at small cap tech stocks and pass on most of them but this one is seriously undervalued by the looks of things. IHR which is growing maybe a bit faster but at a quarter of the base in ARR is valued the same as this! Provided DSE can grow around the 50% mark for the next few years this is cheap as chips. Can a longer term holder tell me if I am missing something?
    Growing over 50% with net profit soon to be achieved is generally traded at at least 20 x ARR or sometimes 30 x ARR. Have taken a position this morning but tempted to go bigger!
 
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