DDR 0.32% $9.48 dicker data limited

Ann: Final Dividend Declaration and FY22 Unaudited Results, page-15

  1. 638 Posts.
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    Revenue was up 25%, costs up, inventory up so some future benefit there. As stated they haven't focused on streamlining costs re recent acquisitions so I see a return to normal NPAT to Revenue ratio. Getting this stock in the $8's would be a marvelous pickup. Some years since its been there with now significantly greater revenues and divisions.
    Catch the falling knife, well I did when I saw the announcement and bought at 9.50, so obviously too early, but in the scheme of things a good cost base for future years dividends.
    I think the company has not helped itself by paying out 100% of NPAT, at least without say a quarters lag. Sort of setting themselves up for disappointment. The business runs at skinny margins. Income driven Shareholders will have an itchy finger with messing with there divies!
    Hopefully a speedy recovery to reasonable levels again.
    GLTAH
 
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