DSK 1.38% $1.10 dusk group limited

Ann: Notice of Annual General Meeting/Proxy Form, page-3

  1. 124 Posts.
    lightbulb Created with Sketch. 57
    Previous CEO comp was 50:50 between TSR and EPS CAGR.
    Now it is 30% TSR and 70% EPS.
    Understandable the shift away from TSR given the new guy comes in now and where current SP is, meaning TSR is a slam-dunk.

    The EPS gives a feel for baseline normalised EPS from the board.
    https://hotcopper.com.au/data/attachments/5686/5686550-0aef9643fbe766e5adf91f53f845d93d.jpg
    I have viewed normalised EPS based on store-count to be 23c (from a rough ~$15m NPAT).
    So it is good to know he gets nothing below 20c.
    With an SP today of 92c, the low forward P/E (even at the lowest range) tells you the value on offer if you can look into the future.

    (FY26 is just the usual 3 year time horizon for a board - I expect norm in FY25)

 
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