DSK 1.38% $1.10 dusk group limited

Ann: 2023 AGM Presentation, page-64

  1. 124 Posts.
    lightbulb Created with Sketch. 57
    It's not surprising for anyone with a 1+ year outlook.

    But I don't want a T/O.
    And this is being broker-led rather than buyer-led.
    That's why they come with a measly price of just ~$1.25 or so.
    Daylight robbery.

    Their forecast assumptions (below) are just wrong too - done for the seller not the buyer IMO.
    E.g. in FY19 (pre-covid), DSK had 100 stores and did $9m profit from $100 revenue whereas store count is 50% higher vs below forecasting only ~$9m profit from ~$150m revenue & 150 stores with measly growth into 3-4 years time wtf.

    Share register is loose here so relying on iffy retail SHs - hold the line fellas!

    https://hotcopper.com.au/data/attachments/5800/5800839-e1ffe2daa196e3dd625477a9eb8ae6f9.jpg


 
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