Unlike many ASX listed stocks DUB's future profitis are to a point disconnected from asset bubble deflations in the US, EU, China or indeed Australia.
Demand for cheaper call recording and associated data analytics will march forward regardless. Broadsoft royalties will continue to be paid to DUB in booms or busts or economic stagnation.
Everyone is entitled to a personal opinion and no opinion is foolproof. My opinion is that an inevitable recession in many G20 countries will be magnified locally. With the property debt bomb as it is, nobody needs an economics degree to foresee this reality. This is why I favour selected small to medium ASX stocks with wide, globally based revenue streams and with something new, innovative and desirable to offer global consumers.
And so, as some loved and trusted local blue chips slowly start to take water and sink, I expect a select group of smaller innovative firms to successfully find ways to sail against an angry wind.
