DSK should be $5 by now, page-31

The Motley Fool: What are the 2 best stock buys right now?

Emanuel Datt: Since June, approximately 50% of Dusk Group Ltd (ASX: DSK)’s store network has been closed due to the ongoing COVID-related restrictions in New South Wales and Victoria. But one thing we did notice that we felt was significant was that the company’s revenue actually fell by far less than this percentage of the store network falling.
To us, that indicates really excellent customer loyalty and love. Accordingly, expect that, as social restrictions loosen in NSW and Victoria, the company will be able to benefit from this reopening.
In addition, the company has had plans to expand the chain internationally for some time now — but this has really been delayed due to the lack of international travel. But now, as we’re seeing, international travel’s opening up somewhat, and we expect that to move a bit quicker as the broader society reopens.
We’re really expecting the company to really charge out of the gate on this front at some time in the very near future.

MF: How early did your fund buy into it?

We first took a position just after the [initial public listing] IPO. It was, I would say, early this year. I think it was January or February this year, so it was sort of in the low $2s that we started to buy.
[Editor: Dusk shares closed Monday at $3.26.]
We should point out that we still think Dusk, even after this price rise, still looks undervalued by some margin on a peer-to-peer comparison basis. That’s really just based on current operations, it’s not attributing any sort of value uplift or growth factor that’s usually achieved by these retail teams once they go international.
Woolworths Group Ltd (ASX: WOW) is a great example of what the growth multiple could potentially be over time.

https://www.********.au/2021/10/13/2-best-asx-shares-to-buy-right-now-fund-manager/