DSK 0.85% 59.5¢ dusk group limited

Ann: DSK 1H FY23 Announcement, page-62

  1. 271 Posts.
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    ok so some early gains over the last few days on this investment. next hurdle is RBA announcement this afternoon. if there is a pause in the rate hikes or an increase with a stated pause there after i would look for a consolidation of SP around the 165c level.

    Looking further ahead SP recover to 200c level in aug after the FY23 announcement. By then new CEO to be in place and make the announcement with some mildly negative one-off impacts to profit to set up their tenure going forward. Outlook statement to remain uncertain but confirmation that all stores are profitable, and the NZ trial remains on track and within expectations (time horizon here is to have a statement NZ is earnings positive by feb2024 or aug2024 announcements. dividend of 8c announced. store roll out on hold till after christmas 2023.
 
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