DCG 0.00% 29.8¢ decmil group limited

New research - price target 1.02, page-10

  1. 896 Posts.
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    Looks like capitulation and tax loss selling!

    Investors get fed up but if anyone thinks this stock isn’t undervalued they are just downright crazy.

    Market cap is now just ~$58M with the return to profitability confirmed and a very full future order book.

    On the balance of probabilities, in the coming months there will be an announcement confirming a settlement/sale which will result in the cash balance being higher than the current market cap.

    It doesn’t take a genius to work out what the risk-reward now looks like.

    The FY21 results don’t matter. This is a deep value play now and all about FY22/23.

    There’s only been one big seller for many months now. Sooner or later once they finish up this should return to a sensible valuation.

    The fact that basically all the posts here are now negative is a huge buy signal.
    Last edited by Waldo777: 22/06/21
 
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