Results as expected from last update for 2023. FY 2024 started off very well in higher currency valued markets 6.6%.Margin will be going up as time goes by with inflation down from the last years rate around the world.
other positive point is franchisees are still joining them even with the doom and groom predicted by doomsayers. Global QSR growing positively too.
It seems like few analysts like GS have got it wrong badly. As I keep saying big name bankers get it wrong most of the time like rest of us.
DMP is in a very defensive safe industry with growth potential. What is not to like in this global economy with potential pot holds. Long term winner. I have been positive for few months and glad I got this right after few mishaps.
Ann: FY23 Full-Year Media Release, page-14
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Last
$32.98 |
Change
-3.110(8.62%) |
Mkt cap ! $3.007B | |||
| Open | High | Low | Value | Volume |
| $34.29 | $34.29 | $32.26 | $33.72M | 1.021M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 502 | $32.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $32.99 | 208 | 11 |
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| Last trade - 13.11pm 18/07/2024 (20 minute delay) ? |
| DMP (ASX) Chart |