Australia's largest stock trading and investment forum Australia's #1 stock forum

DWS dws limited

0.00%

$1.20

Ann: 2018 Half Year Results Presentation, page-3

First 3 Last

Share
Profile

Follow
Patisonit

693 Posts.

139

12/02/18

12:43

Post #: 30993025
Share

Originally posted by madamswer ↑

Hmmm. Not a great result.

Stripping out the writeback of the earn-out provision, PRe-Tax profit fell 5% on DH16 (which itself was not a very strong base, given that result was 6% down on DH15).

And the outlook is somewhat muted, so even if they matched the first half performance in the current half, at the current share price that places the stock on valuation multiples of 12.0x P/E and 9.0x EV/EBITDA, which don't look attractive enough to me for what this business is, and its pretty limited financial pedigree (albeit that it is a highly cash generative business, but those cash flows fall over time unless the holes are plugged with ongoing acquisitions).

Expand

Agreed, I cut it out of my portfolio this morning. Cash can be better used elsewhere, plenty of opportunities to acquire something more worthwhile or average down already held positions as was the case for me

DWS Price at posting: $1.53 Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

Reply

Top Stories

Rokeby, BHM, more: The 10 hot stocks HotCopper users watchlisted in Week 30

ASX Market Close: Fading miners drag bourse as iron ore price slumps | July 25

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

SGQ

St George banks $5M from placement to ramp up Araxá Rare Earths Project

ASE

Astute delivers high-grade lithium hits at Red Mountain

Most investors will get this earnings season wrong. Will you?

What is going on here? Watch out for DroneShield, Pure Hydrogen, and Nel ASA

Friday's HotCopper trends: Renascor concentrate, Larvotto raise | July 25

RNU

Renascor produces graphite concentrate at Siviour, right on time to meet ex-China demand

FTL

Firetail scoops up untested land around Excelsior – including juicy mineralisation target

First 3 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Ann: 2018 Half Year Results Presentation, page-3

Top Stories

Rokeby, BHM, more: The 10 hot stocks HotCopper users watchlisted in Week 30

ASX Market Close: Fading miners drag bourse as iron ore price slumps | July 25

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

St George banks $5M from placement to ramp up Araxá Rare Earths Project

Astute delivers high-grade lithium hits at Red Mountain

Most investors will get this earnings season wrong. Will you?

What is going on here? Watch out for DroneShield, Pure Hydrogen, and Nel ASA

Friday's HotCopper trends: Renascor concentrate, Larvotto raise | July 25

Renascor produces graphite concentrate at Siviour, right on time to meet ex-China demand

Firetail scoops up untested land around Excelsior – including juicy mineralisation target

Featured News