Updated Views on DSK, page-33

Have been following this thread with great interest. Thanks to Timbowls for kicking it off, and thanks to all the other contributors. The only point I will state that is overlooked in the discussion is the macro outlook for small caps (I disagree with Minegoat on this particular point). If we can agree that all we are really concerned about is the trajectory of the SP, then we cannot ignore the macro factors. I can agree that DSK has a bright future as a business, whether that is in PE hands or on the ASX. What matters to me is the SP when I sell. So to get to the point, I think the outlook on macro factors (interest rates / consumer sentiment / disposable incomes) are far more helpful on where the SP is going. This company is well run. Their challenge is to take advantage of the macro environment and make the best volumes and margins on the sale of their products within that FY. IMO this is still a buy at around $1.